I3 Energy Share Discussion Threads

[north sea oiler] 16/1/2019 11:14

I'm getting a hard time here but I am just putting forward facts. Facts that some of you seem to want to ignore. Just seen the new presentation. All looks very encouraging so long as they stick to their date targets. Anyone notice that FDP submission which was supposed to be end Dec is now end Feb 19 and that has pushed FDP approval from end Q1 to mid Q2? If they do not hit their funding date targets, everything gets pushed forward again and they miss their drilling slots. They certainly miss their drill dates if FDP approval is delayed again. Do these people ever learn? All oil and gas junior explorers come with risk. All these missed deadlines and more announced today. RRE lower risk imo. That is all I am saying. My opinion.

[che7win] 16/1/2019 10:32

This is going to be colossal, I'm excited.

[buffythebuffoon] 16/1/2019 10:23

February JV bid date.

Buffy

[che7win] 16/1/2019 10:19

65000 bops by 2024, slide 7.

[buffythebuffoon] 16/1/2019 10:13

New presentation on the website.

Buffy

[che7win] 16/1/2019 10:09

Slide 6 lays it all out - see today's rns

[uk2day] 16/1/2019 09:05

Blah blah blah I hold no stock but post here every day!! Why don’t you go and ramp RRE elsewhere!!!

[north sea oiler] 16/1/2019 07:27

Of course they are going to see it as cheap, they hold millions of free shares. This rise is now getting sold into. Big delayed sells too. The board still have a lot to do as funding has not progressed in over 12 months. Look at RRE if you want to see how to build an asset portfolio with no debt. Will Liberator and Serenity be the next asset to secure cheaply if funding can't be found? RRE could buy and develop it.

[che7win] 16/1/2019 07:18

Fozzie, Management are genuinely excited by the year ahead, they made clear in the recent interview they view the share price as a cheap entry point; they are looking for multiples of the current price.I'm a LTH

[buffythebuffoon] 15/1/2019 22:46

Yes, he was in the industry, although I don’t know if he worked the Forties field.

Buffy

[fardels bear] 15/1/2019 22:03

Captain Nelson Forties I have not see on these boards since 2013 or 2014. I'm sure he and bobobob5 weren't the same bloke. CNF was oil industry I'm sure.

[fozzie] 15/1/2019 20:43

Disappointing couple of days che7, i'd like to say i'm surprised but i'm not. Current market weakness plus brexit gives lots of PI's a very short time horizon and any rise is sold into. LTBH a thing of the past it would appear. Still happy to hold here.

[che7win] 15/1/2019 20:37

Another 150,000 trade showing tonight, so I guess that matches one of the trades yesterday as a rollover?

[caters] 15/1/2019 19:03

Didn't he trot off at the same time as bobobob5 ?

[buffythebuffoon] 15/1/2019 18:05

Nelson Forties, there’s a name from the past.

Is he still active?

Buffy

[che7win] 15/1/2019 15:18

Brent looking strong again.

[fardels bear] 15/1/2019 12:58

He's a mate of Nelson Forties.

[5chipper] 15/1/2019 12:56

There's one thing that has always puzzled with i3e:

Just who is this 'Captain Sands' chap?

[caters] 15/1/2019 12:45

"I reckon NC fell out with Andrew Austin" - that may well have been a good thing.

[duckdown] 15/1/2019 12:35

I suspect GH will have had advanced discussions and offers in principle before banding about figures.

I reckon NC fell out with Andrew Austin when Repsol Sinopec gazumped RRE last year, which is probably partly the reason why he stepped down.

It makes sense for RRE to be involved, but it sounds like they've got interest from others too, including some larger companies.

[fardels bear] 15/1/2019 10:59

Ever since I started buying these shares I was worried how rampy this board was. The fact that you assume I want to buy back in at a lower price is just a symptom of the same thing.

The prize is glittering, certainly, but there are only three steps on a podium, and the O&G sector is littered with great assets that never got developed. Money markets are tightening, you can't argue with that, and I do fear that MS just announced a shedload of debt as if it were a done deal, not something that might prove very hard to achieve.

I'd be looking at RRE, begorrah, they stand to gain most by sabotaging I3E.

[duckdown] 15/1/2019 10:49

Personally expect Repsol Sinopec to do the deal.

Also Rockrose Energy should be very interested given the synergies and potential extension of Tain.

[roundup] 15/1/2019 10:26

FB? I'm sure you will forgive the rest of us if we feel unable to wish you well in your plan:- sell now and buy back at a lower price. You might well succeed, but I hope you don't.

[begorrah88] 15/1/2019 10:19

Here's a hypothetical discussion point.

If I were someone like JCAM say and was party to debt negotiations to provide support such as I previously had, would it be in my interest to ensure the share price was suppressed by regular shapes dumped onto the book to quell any interest to ensure that any strike price I agreed on convertible bonds etc was advantageous?

[begorrah88] 15/1/2019 10:13

Can we not chase off anyone who doesn't have a rampy opinion?

All views are welcome in my book as long as conveyed in a civil manner.

The question about the ability to get funding is a legitimate one as the share price will attest.