I3 Energy Share Discussion Threads

[showme01] 16/8/2018 22:23

Cash, looking at the de commissioning costs RRE have got to factor into their business model( approx $250m up to their last set of accounts), they are very different businesses. i3e will be a very lean profit machine imo. It will also be sold well before they have to plan for de commissioning costs from what I understand.

[fardels bear] 16/8/2018 14:08

Shouldn't that be saag and curry?

[ducati2345] 16/8/2018 13:42

Agree 100 m is easy obtained and what I am looking for before I start selling

[ducati2345] 16/8/2018 13:40

Let's hope the shares don't sag and curry on rising

[reg1967] 16/8/2018 10:45

First post gards1 well done, why stop at 3 quid lol

[gards1] 16/8/2018 10:36

soon - Bang £3 IMO

[che7win] 16/8/2018 10:27

If we are throwing off $80m per year profit when production starts, surely showme is correct in his upside hopes.

I think once we get the funding announcement, £100m market cap should be a minimal sustainable price before production begins next year.

[cashandcard] 16/8/2018 09:42

showme01,


I look at RRE marketcap against its reserves and I'd have to say it may take a few of years to get over £5. I'd be happy if it doubled.


Cash

[fardels bear] 16/8/2018 09:36

If it 8 bags, showme, present yourself on my doorstep for a big kiss.

[showme01] 16/8/2018 09:30

Duckdown, I couldn't agree more. Risk vrs. reward is amazing. 2019 is going to be one hell of a year. Could easily 5-8 bag from here in 2019.

[duckdown] 16/8/2018 09:24

Been having a look at other oil companies but there are naan better than I3E.

[ducati2345] 15/8/2018 11:48

Mmm that took some working out.

[thegreatgeraldo] 15/8/2018 11:25

Cooking up a curry? ;-#))

[ducati2345] 15/8/2018 09:14

He's been quiet lately so maybe he knows good things are a cumin soon

[showme01] 15/8/2018 09:01

My Swiss is 4 bagging at 120p. Can't blame him. Mind you needs those returns to buy a few beers out there.lol

[coscos] 15/8/2018 08:49

Nobody can stop what's going to happen here. Everyone likes a bargain.

[ducati2345] 15/8/2018 08:46

Will only take few more buys to go up to new high, but I fear our Swiss fire d will start selling his 5000 lots once we get to 120 again

[che7win] 15/8/2018 08:36

That chart is getting eager for break out IMHO.

[begorrah88] 14/8/2018 12:54

Is that the share price tipping its' hat to Mr T's post?

Nice to see

[showme01] 14/8/2018 12:36

Good post Mr T

[mr. t] 14/8/2018 12:30

We've heard that Liberator's reserves/resources may be conservative, particularly as higher recovery factors (ie. closer to Blake) than that assumed in the CPR report are possible.

I looked at Blake's history to see how it performed against original expectations, as it might give an interesting comparison. The main Blake reservoir was originally expected to contain reserves of 50 to 75 mbbl, and Blake Flank 20mbbl for a total of 70 to 95mbbl across the whole field:



According to p.20 of Rockrose's recent CPR report, the whole Blake field had produced a cumulative 98mbbl to Sep 2017 and there are estimated reserves left as of Jan 2018 of 21mbbl:



So it now looks like Blake's lifetime production will be 120mmbls - between 25% and 60% greater than originally expected.

I think it a good sign for Liberator that Blake outperformed expectations.

[ducati2345] 14/8/2018 11:59

Yes it all seems to point to announcement at end of month, I don't think i3e have any other presentations or the like before September.

[showme01] 14/8/2018 11:00

They are presenting on 4th Sept in London at Capital Oil Conference. That could be the start of the PR

[thegreatgeraldo] 14/8/2018 10:55

Indeed, once the funding's announced, we'll know the terms (obviously), they'll firm up drilling plans & go into promote mode on the project