I3 Energy Share Discussion Threads

[pretax2] 17/4/2024 16:46

SP going crazy in Canada.
Rising quickly there too.

[spawny100] 17/4/2024 16:20

Megaphone breakout on chart.

[pretax2] 17/4/2024 16:16

Looking at the chart; following breakout, this could be the start of the first leg up. Glad I got my ISA money in this morning- sheer luck that.

[pjackson2] 17/4/2024 15:40

Don’t use it for buybacks.
Acquisitions is what we need, producing ones preferred then use the profits for buybacks.

[goodday1] 17/4/2024 15:12

More like Tenerife La Costa Del Skegness!By the way, you ain't seen nothing yet, the fireworks are still to come.Watch this space while we rinse the easily please with 10 or 20 per cent or even the 30 per cent holders.Alternatively, be like G_G_G and buy at a higher price & and still complain about the BoD.LolSee you when the signal permits.Gl all

[spawny100] 17/4/2024 14:44

Deal seems amazing. Weird the price hasn't moved up much yet. Rns' in the middle of the day often catch people out...

[source] 17/4/2024 14:43

BUYBACKS, BUYBACKS, BUYBACKS!!!Especially at these stupid prices down here. (Rather than upping dividends again)...This still seems the missing piece in our total returns strategy.

[marvelman] 17/4/2024 14:42

Fandangle apologises to any newbies who listened to his advice when the share price was 25% lower than it is today (he has been in Teneriffe since then)

Fandagle 13 Mar '24 - 08:32 - 35507 of 35649

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

[11_percent] 17/4/2024 14:39

Great deal.....off to buy some more.

[marmar80] 17/4/2024 14:19

Clearing debts is removing a lot of uncertainty and risk.

[xongkudu] 17/4/2024 13:52

Genises

Great timing!

On a different matter, I wonder who’s behind this new created royalty entity and whether this will be start of more agreements with them?

[genises] 17/4/2024 13:44

Acquisition next and quarterly results.
I brought this morning before the announcement.

[marktime1231] 17/4/2024 13:20

Great news. I3E now debt free, cash flow positive and well capitalised with over $50M of undrawn finance in place. Well done Maj. Now tell us your capex plans to get production back up to the mid 20,000s with a focus on oil while prices are firm, and, without getting too carried away, what this might mean in terms of restoring the income for investors who were lured in when the share price was in the 20's.

A snap back up in to the 12's a good start.

[mattybuoy] 17/4/2024 13:18

This might even wake Canada up, if we're lucky.

[xongkudu] 17/4/2024 13:17

Could be last opportunity to buy under 12p.

I wonder if they’ve got a crafty acquisition lined up off the back of this?

[source] 17/4/2024 13:11

Yes, but taking that into consideration they are still massively undervalued on their current production boepd and this just highlights the market mispriceDebt free now too with lots of cash available now too.

[mattybuoy] 17/4/2024 13:05

This is excellent, but you can't read the value of these barrels across to the rest of the portfolio. Royalty production trades at a large premium to normal production.

[herecomesthesun] 17/4/2024 13:05

CRIKEY

WHAT A DEAL


Fanny better hurry up and close her short before Queen Bee finds out how much she REALLY stand to LOSE


bwahahahahahahahahaha :)

[marvelman] 17/4/2024 13:02

Yes, quite a transformation over the past few months

[xongkudu] 17/4/2024 13:02

Source

Excellent point!

[source] 17/4/2024 12:58

Wow debt free I. One fell swoop! Selling only 388boepd!!!Just shows how massively undervalued the rest of i3E's 20,000 boepd production currently is!Great deal!Bigger warchest now ;)

[marvelman] 17/4/2024 12:57

The new FD is doing an incredible revamp of our financial structure

[marvelman] 17/4/2024 12:56

Fandangle...We can all be relieved you will be going back to "Teneriffe" now (aka a pretend place to hide away from comment on a rising SP)

[mattybuoy] 17/4/2024 12:55

Royalties (mostly) sold, as I thought might happen. Nice :-)