I3 Energy Share Discussion Threads

[aberdeenandy] 08/5/2024 14:57

Let’s leave it. I don’t like arguing and there’s enough on here always spoiling for a fight.

[money4me] 08/5/2024 14:17

You did make a fair point that it went to 9p when many others just couldn't accept that being the case. Not sure there was any great thought behind that number but it still happened. Seems a very polarised board but that seems to be common these days.

[aberdeenandy] 08/5/2024 13:16

Thanks Tournesol

I will if he persists.

[tournesol] 08/5/2024 13:09

Just use the filter.

[aberdeenandy] 08/5/2024 13:05

Thanks Fandagle. Warning heeded.

Ps. I lived in Bahrain for 3 years.

Tony. The break you’ve requested is approved. I can see you need some time off. Come back refreshed.

[tonynorstrom1] 08/5/2024 12:44

"If Gaza returns to relative peace some of my trader friends are predicting WTI under $70. Are we entering a new engrained bear market for oil with $60 more the norm?"


my trader friends - give me a break - the white coats are coming for you Andy.

[fandagle] 08/5/2024 12:22

I still do some consultancy work in the Middle East, Oman & the Emirates, they are gearing up for a recession next year, they are planning their shutdowns at this time when the gas prices are at their lowest! The recessions are cyclic and they are due early next year’ Given there is no hedging here I3E will be operating at a loss early next year! Hardly sustainable

[tonynorstrom1] 08/5/2024 12:08

Joesoap kindly pointed out on the LSE Forum that the 2023 Annual Information Form (AIF) is available on the i3e website.

Within the report:

"As at December 31, 2023, i3 Energy’s UK operations had one full-time employee, three part-time employees and two consultants/contract operators...."

A little different from Fanny's 20-25 employees and fleet of 15 cars !

[marvelman] 08/5/2024 11:33

..as I had said previously, Aberdonian is here to continue his stirring and has found a fickle friend in Fandangle who he bigs up his desperately needed credence. Playing together but of no use to anybody else on this forum with nothing to contribute of any use to serious investors

[tonynorstrom1] 08/5/2024 10:55

Fanny didnt call 9p two years ago for a start - he's picked a number with zero basis or atleast any basis he explained to this BB. He's aslo said that its heading to 5p when it looks liks is already heading back up - is that impressive? The broken clock analogy I would say is quite apt !


"Many of your counter-assertions dont hold water" - It's very easy to talk in generalities like yourself and fanny and then not explain yourself. Please point out which assertions dont hold water - would be happy to hold up my hands or provide you with an explanation.

You may have noticed Fanny's latest post on the "Fundamentals not stacking up" with zero explanation - perhaps you can request him to explain and we all learn something or more likely have a good laugh.

[aberdeenandy] 08/5/2024 10:40

Fandagle

When do you think oil will stop falling? WTI is now $77 and i3’s business plan is based on an average of $82 for the year.

If Gaza returns to relative peace some of my trader friends are predicting WTI under $70. Are we entering a new engrained bear market for oil with $60 more the norm? The so called experts are so sh1t it’s frightening. They were predicting over $100 a few months ago.

[aberdeenandy] 08/5/2024 09:53

TonyNorstrom

I believe Fandagle called 9p (or thereabouts) when it was 23p a year or two ago. Guess what he got it right when you were all deriding him on the way down. Like him or loathe him I’d say that is pretty darn impressive and doesn’t accord with your stopped clock analogy. Many here will be kicking themselves they didn’t listen to him.

I’ve noticed you’re very picky and argumentative but many of your counter-assertions don’t hold water.

I’m happy to wait as I believe it may drift back down again but if I’m wrong I’m wrong.

[tonynorstrom1] 08/5/2024 09:40

"The fundamentals are all wrong here, they just don’t add up!"


Explain that Fanny if you can ?

[fandagle] 08/5/2024 09:32

The fundamentals are all wrong here, they just don’t add up! This will be sold off bit by bit in the coming months! Until all that’s left is some Tumbleweed and a few grains of rice…..

[tonynorstrom1] 08/5/2024 08:59

AberdeenAndy - "You call it correct most of the time"


Fanny has called "9p and going down to 5p" interspersed with a lot of misinformation on "token drilling programs", "20 -25 uk employess" and lots of other nonsense.

Not withstanding that the share price is currently 20% above the 9p level and imo is likely to go significantly higher in the near term.

Can you elaborate on what you think he has got "correct most of the time". Apart from his obvious misinformation and downright lies - I would classify his share price predictions the broken clock syndrome i.e. even a broken clock is right once a day !

[aberdeenandy] 08/5/2024 08:38

Fandagle

Stay strong my friend and don’t let the mob shut you down.

You call it correct most of the time. No one is perfect but you’re better than the Rampers on here.

[tonynorstrom1] 08/5/2024 08:29

Fanny you lying cretin:

Lie no 1 - "no drilling planned apart from a few token wells".

As per the recent RNS - a significant $50m capex program due to commence in late Q2 i.e. less than 6 weeks away continuing through to the end of the year resulting in 15 gross (10.5 net) wells including 2 high impact Montney wells. The previous Montney well they drilled in South Montney was ranked the 3rd best well in Alberta in 2022 with P30 rates in excess of 1200 boepd.

Lie no 2 - "I dont see where the incentives to buy"

i3e hinted at a further non core asset sales in the near future

Lie no 3 "Its all negative here"

i3e stated that they traded at 55% of PDP compared to peers that traded at 100% and that they expected to close this discount with continued execution. They also stated that they have the strongest balance sheet in their history (no debt)

Lie no 4 "Serenity & Tain Dragging this down"

i3e stated not capex to be spent in 2024 on these projects

Lie no 5 "Oil & Gas Heading Down"

Oil has fallen off slightly in the last week but still sitting at a very robust $78 with many analysts predicting higher for the year. Although to early to call a reversal on gas prices - AECO has been heading up over the last week with just about all analysts predicting significantly higher prices in H2. Dicounts on WCS and Edmonton Light have also narrowed since the Trans Mountain Pipeline has come on stream meaning higher realized prices for producers. i3e also stated that line fill on the LNG Canada facility is complete i.e. gearing up for LNG shipments in 2024.

oh my sides what a lying dirt bag you are !

[ozzywalker] 08/5/2024 08:00

Good call Fanny ?

[fandagle] 08/5/2024 07:40

I do believe we are heading much lower this week, I don’t see where the incentives to buy! Divi months away! Oil and Gas heading down! Wild fires season due in Canada again! No drilling planned apart from a few token wells ! Serenity & Tai dragging this stock down! It’s all negative here! Keep your powder dry folks! 9p looming again!

[fandagle] 08/5/2024 07:33

Obsessed or what? GooGooday! The Yorkshire Peado must be down tens of thousands! This Buffoon bought all the way up from 5p to 32p, then all the way back down again! A rambling fool specialized in losing money! The Rampers W@nka!

[goodday1] 08/5/2024 07:09

Thank you GENISES, for that nugget of information.Loser, plonker and who tick their posts, PoO over a quarter/year fluctuate just like the share price Get out & live today, tomorrow you might be.......Morons having a posting diarrhoea!!!Hahaha16 blank posts out of 22 since we went on an enjoyable day!Ffs, it is lovely out there & I bet even Skegness looking better!Hey ho, the Plonker & its cohorts still talking to each other while wasting their life away.To lose money is bad enough, but to become a moron & a loser while passing your life on a BB of a company you lost a packet on is really sad.Well, you can not educate pork!PoO drifting, however, Gas moved from strength to strength.See you next week, the La shuttle and EU travel are well recommended.Onward & upward.Good morning allGl all

[genises] 07/5/2024 23:19

The average first quarter US crude oil price was $80.2 for 2024 for those investors who would like to know.

Last year 2rd Quarter average came out for crude at $76.4

[bobaxe1] 07/5/2024 21:34

https://x.com/i3energy/status/1787781839530164315?s=46&t=KHNNXk1Nw1j5lyzHBSnKag