I3 Energy Share Discussion Threads

[xongkudu] 22/3/2024 08:21

I see the Minister of Silly Spreads is hard at work first thing.

[goodday1] 22/3/2024 07:12

They very much look like a very respectable buys, mate.We had the same situation last time when the share price did not move despite all the buys.We were averaging up continuously & then the share price kept going up & we kept buying.As they say, the rest is history.The millions we bought at that placing & then buying off the market as the share price dipped below the placing price, still today helped our overall average to be in profit.Good morning all.See you next week & enjoy the silence of the Lamb.Gl all

[genises] 21/3/2024 18:26

Goodday1
Good luck
My last buys are doing very well
At 8.4 8.7 8.8 8.9 9.09 9.2 9.3
But I still need it to go up to become profitable.
Need to replace the wife inheritance again.
Will be back to buying in two months or less

[bobaxe1] 21/3/2024 13:52

Where's the golden cross must be near

[bobaxe1] 21/3/2024 13:51

10p gone !//

[marvelman] 21/3/2024 13:04

Our resident Nostradamus is having a contemplative rest from his deep research into the universe and everything. However before his temporary absence he left us with these wise words:-

Fandagle13 Mar '24 - 08:32 - 35507 of 35649

Any newly please don’t buy here! This will go to 8p soon! Then 5p !

[oilyman1] 21/3/2024 08:32

Fanny not around again today - what's up with him - oh my sides !

[genises] 21/3/2024 08:17

Looks like we going back over 10p
Onwards to 11p

[goodday1] 21/3/2024 07:21

PoO & Gas is back on the up.This a reminder of WH Ireland's note from over 3 weeks ago.hTTps://x.com/surprised_trade/status/1770024794303447289?s=46&t=wfsOgfWHdwyExVA_MX6XYQAnother day nearer.Will we see 5p today or is it 3p?LolSee you.Good mooooorning allGl all

[bobaxe1] 20/3/2024 22:06

So 4 billion Canadian dollars nice

[genises] 20/3/2024 22:03

9.85p to buy at close in Canada

[rockyride] 20/3/2024 19:14

LGW - sorry mate I meant to post that on the AXL board. It was AXL who set a new 52 week high today not i3E - my bad and please accept my sincere apologies?

[genises] 20/3/2024 19:01

Oilyman1
Yep you are right.
Can’t see them changing much from 2022
Where has that year gone!!
Feels like only yesterday it was reported
Here the info for Newbies
I like the last bit !!
i3's independent reserve report (the "GLJ report") was prepared by GLJ Ltd. ("GLJ") in accordance with standards contained in the Canadian Oil and Gas Handbook (COGEH) and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101"), with an effective date of 31 December 2022.

Highlights

-- Successful Execution of 2022 Capital Programme Provided Year-Over-Year Reserve Additions Across All Reserve Categories

o Total Company Interest proved plus probable developed producing reserves ("2PDP") increased 9% to 65.7 million boe, total proved ("1P") reserves increased 10% to 93.5 million boe and total proved plus probable ("2P") reserves increased 18% to 181.5 million boe, compared to the prior year.

-- Strong Organic Reserves Replacement Ratio, Long Reserve Life Assets and Low Decline Profile to Support the Company's Total Return Model

o The Company's organic Working Interest reserves replacement ratio in 2022 was 176% on a 2PDP reserve basis, 214% on a 1P reserves basis and 479% on a 2P basis.

o 2PDP, 1P and 2P reserve life indices of 8.8 years, 12.2 years and 22.5 years, respectively, combined with our low base corporate decline rate of approximately 17% and our extensive inventory of highly economic development drilling locations, underpin i3's ability to sustainably grow production per share from our existing asset base and generate significant distributable cash flow for our shareholders.


-- Material Increase in the Company Interest Reserve Value
o As evaluated by GLJ, the Before-tax Net Present Value ("NPV") of cash flows attributable to the Company's reserves, discounted at 10%, has been determined to be $511.0 million (CAD 689.8 million), $623.0 million (CAD 841.0 million), and $1,161.5 million (CAD 1,568.0 million) for its 2PDP, 1P and 2P reserves, respectively, being indicative of the Company's strong production base, successful 2022 drilling program and robust portfolio of economic development opportunities.

o 2PDP NPV per share, using a 10% discount rate, increased by 50% to GBP0.36 per share (CAD 0.58 per share), 1P NPV increased by 43% to GBP0.43 per share (CAD 0.71 per share) and 2P NPV increased by 56% to GBP0.81 per share (CAD 1.31 per share), as compared to the prior year.

[oilyman1] 20/3/2024 16:48

We have not had the reserves report yet - I think these are due with the year end results?

What about the ars@hole - not seen anything from him for the last week - not that i'm missing him - as a few have said here - a moron and complete waste of space !

[genises] 20/3/2024 15:16

Reserves report we have already had

[rockyride] 20/3/2024 14:28

Boom - I said we'd surpass out 52 week high before the end of the month and if todays rise holds till 4.30pm we will set a new yearly high. Can't wait for the updated reserves report and ops update before the Easter break. Volumes and buys at the full ask are even happening in Canada now. All aboard before take off - happy days.

[lgw] 20/3/2024 12:08

No it's my initials.

[xongkudu] 20/3/2024 10:32

It’s not aligned with other sells but who knows. Good price to achieve if it was a sell.

The last 24 hours have been a complete mess, let’s hope normal and understandable trade pricing & reporting resumes soon.

[rockyride] 20/3/2024 09:31

X - I think you'll find that was a sell

[xongkudu] 20/3/2024 09:26

A strange 200,000 buy trade has just appeared with 8.07 am time.

[goodday1] 20/3/2024 07:33

All good things come to the ones who wait!Good morning, CampersBusy Bee.Gl all

[genises] 20/3/2024 07:09

Clock is ticking
No update .
For anyone looking in and newbies

The Company is progressing several initiatives which will be incorporated into an optimised 2024 drilling and capital programme, and we look forward to updating the market on this during the course of March."
The Company expects to pay the Q1 2024 dividend of 0.2565 pence per share in early Q2 2024, with an announcement made in due course.

[rockyride] 19/3/2024 19:41

Mid price close 9.55p. I still expect to see 10p tested and breached quite soon, especially with some strong corporate activity RNS.GLA - we all deserve it here.