Infinity Eng. Share Discussion Threads

[scyther] 01/9/2016 14:13

What are holders waiting on here?Thanks

[colin12345678] 17/6/2016 11:18

Takeover for IslandMagee gas storage project for c£10m would equate to c5p per share so plenty of upside

[vipassana] 02/3/2016 10:01

All completed, now we await the reverse into Infinity Energy hTTp://www.edenenergy.com.au/pdfs/fccaa6b6a47ff16db70f5e875db434c1.pdf

[vipassana] 02/2/2016 08:18

Eden agrees to sell its half of the licences to the UK parent company. The U.K. Parent company is UKOG which is owned by Gerwyn Williams who's the majority shareholder of Infinity Energy. UKOG's subsidiaries include Coastal Oil and Gas which Infinity have an agreement in place to develop/fund exploration.

[moreforus] 01/2/2016 14:49

placing...or some other more interesting corporate event?>

[billweb] 01/2/2016 10:28

WH Ireland on board. - news out soon. Watch this space....

[andrbea] 12/1/2016 12:20

They must have (imminent) plans IMO.. Otherwise why relist (being on AIM costs money).

[hjfe] 06/1/2016 10:37

Bit of volume this morning - this moves fast as shares are tight!

[andrbea] 06/1/2016 10:11

The old board had connection with Coastal Oil Ltd and shale projects I think, so let's see what turns up. You getting in too moreforus?

[andrbea] 06/1/2016 10:05

just a small buy, a £1056 buy went in after
didn't gbr go up in big steps previously (the old inft), so probably illiquid?

You could almost put this one down as a shell IMO, as their last plan ended, so they'll have a strategy in mind (otherwise why relist, instead of just cancelling the listing)?

[moreforus] 06/1/2016 09:26

you bought some?

[andrbea] 06/1/2016 09:04

so why go through the expense of relisting?
Seems to me that they must have a plan, take a stake in something new, probably oil & gas. And soon. Why else incur the costs of admission, being on AIM, having a board, a nomad...
NIA DYOR

[moreforus] 22/12/2015 07:22

Lol...maybe they will now move into fintech

[gerryjames] 22/12/2015 07:11

Terminated. It's a good time to have nothing in the Sector.

[gerryjames] 15/10/2015 13:49

Oooooohhhhh....bought some yesterday to average down, don't know a lot about it. It just seemed like that time again. I hope it's good news.

[pipbarnes01] 15/10/2015 13:41

What do we think this is 8) or 8(

[moreforus] 15/10/2015 13:36

rns - suspended!

[oilbuy] 15/10/2015 12:50

3 days rising !

[moreforus] 15/10/2015 11:37

max now 250k to buy at 0.34.....

[vipassana] 15/10/2015 11:29

From the article above :-

"Times said that, according to a consultancy in Texas, the area between Cardiff and Swansea contains up to 50 trillion cubic feet of gas, which would meet Britain's gas needs for six years.
However, Williams argues that the official estimate is too low and should be more like the Bowland shale region in the North of England, which officially holds up to 1,300 trillion cubic feet of gas.
If the exploration drilling shows enough reserves, UK Onshore Gas will apply for permission to frack the wells to test how much can be recovered.
If the well results are positive, I'm sure we would get permission to frack them, Williams said. There is a lot of unemployment in South Wales. Developing a shale gas industry in South Wales would create a lot of jobs."

If the shale potential is realised in South Wales with positive drill results, the people who live in that region have a real dilemma on their hands. If there's as much gas as they say, it will become very tempting to exploit. Of course, opposition will be significant, but the economic benefits may prove to be something that can't be ignored.