I3 Energy Share Discussion Threads

[marine boy] 23/9/2024 12:02

Eeyore, eeyore, is the 🫏 back in the room.

Voting for your own share price to go back to 9p.

What a 🫏.

[tonynorstrom1] 23/9/2024 11:52

Marine Boy - I’ve voted no - but i’ll bet your single Brain Cell that the vote is yes.

[tonynorstrom1] 23/9/2024 11:49

Pretax/Bot - you’ve said this before, however, the trans mountain pipeline expansion is heavy oil and not gas. Your again confused with LNG Canada and the Coastal Pipeline.

I suspect that in 4 months time Gran Tierra will be patting themselves on the back for managing to buy out I3E at the bottom of the gas cycle. They won’t be looking at todays AECO pricing but what it looks like next year and the year after that.

Even before this weeks crash in AECO - gas represented only about 10% of revenue and I3E still make plenty of profits from Oil & NGL’s.

[roundtheworld] 23/9/2024 11:26

MB

If it is a ‘no’ vote GTE may actually breathe a sigh of relief and just walk away without raising its bid.

[loganair] 23/9/2024 11:05

So much of this gas comes from all the fracking for oil. This gas is then expensively turned into LNG which is shipped to Europe which is then expensively turned back into gas = very expensive energy for the UK and Europe.

[pretax2] 23/9/2024 10:51

Kind of agree RTW
I suspect GTE will see the acquisition as a long-term investment. My understanding is that companies are building reserves into the trans mountain pipeline opening, so the glut will resolve.
You know, these things work in cycles and the more we charge our cars, mine bitcoin and use AI, the more gas needed to generate the power.

[roundtheworld] 23/9/2024 09:52

MB

AECO does look like it’s about to go negative. What a bad time to have made an offer to buy i3 energy!!! I wonder if GTE are starting to have major regrets.

The problem with gas in Canada is that there’s just too much of the bloody stuff and the producers can’t seem to stop extracting it. The double whammy is many will increase production further on any price increase which will suppress any rise. They need to collectively sort their sh1t out.

[roundtheworld] 23/9/2024 09:31

It’s funny how much money Goodday claims to have made when he was buying like mad in the 20’s, and high & mid teens, whilst claiming to be ‘in it for the long term…’ Another weird Lefty, ironically obsessed with money and also a bullsh1ting stoner of note.

[marine boy] 23/9/2024 09:02

Who let goodday out of the asylum ?

Is AECO going negative.

[loganair] 22/9/2024 15:15

1tvr - Under LSE take over rules, any entity, even a private company or single person anywhere in the world, that owns more than 1% of the company being taken over must declare their holding. Then any time a full percentage is crossed this must also be declared.

[1tvr] 22/9/2024 14:06

I do not think the UK 1% ownership rule would apply to a Canadian company not listed on the LSE. Our rules allow up to 10% holdings (beneficial ownership) before disclosure is required.

[loganair] 21/9/2024 15:10

1tvr - If PM stake picked up by another company, they would have had to put out an RNS once they reached the 1% holding mark.

[1tvr] 21/9/2024 13:06

I do not think the buying is by GTE (or on their behalf), so the Premier Miton shares were probably bought by a broker/dealer looking to profit on the short term spread between share price and offer price, or they have been picked up by another company that is acquiring a position ahead of making a bid. Hope it is the latter.

[loganair] 20/9/2024 19:00

Premier Miton now completely out.

In the end, I wounder who picked up their nearly 10% stake they once had in I3E?

[marine boy] 19/9/2024 22:14

Is that donkey still posting - oh well, once a 🫏 always a 🫏 eh Tony me ol' mate 🤣🤣🤣

Anyone else get the feeling that i3e were seen as a bit of a pariah in Canada by other Canadian oilies as they were a British company listed on the cowboy UK AIM market which is why nobody else would touch them or come to their rescue despite the humongous reserves they have.

Poor ol' goodday. His family must really love him. All those family accounts he kept posting about topping up at 24p, 20p, 18p, 15p.......... Loved the dividend but alas no-more.

[pretax2] 19/9/2024 10:57

GTE completed the fundraise yesterday for the cash component of the deal - no hint that the deals off at all. Meanwhile investors have backed the truck up taking advantage of the generous bid this morning. They'll be straight over to Serica - seems to be the direction of travel currently.
Meanwhile GTE will be in via intermediaries to snap up the residue this afternoon.

And so it goes - three more weeks of this
.... Yawn ... zzzz

[tonynorstrom1] 19/9/2024 10:47

RTW - I don’t know who the biggest clown is - you or Marine Boy!

[loganair] 19/9/2024 10:06

Considering there is a take over going on, been very quiet from both GTE and I3E management.

[roundtheworld] 19/9/2024 09:59

MB

It looks likely. Rubbish deal.

[marine boy] 19/9/2024 09:11

Is the deal going to be pulled ? Share price falling away fast.

[marine boy] 18/9/2024 07:18

Tony, no-one's applauding you anymore. Your audience has left the theatre.
Time to go mate.

Once a 🫏 always a 🫏.