I3 Energy Share Discussion Threads

[fardels bear] 07/2/2019 17:11

I am out, yes. But I did say I'd buy back in if a deal were done.

[tonynorstrom1] 07/2/2019 17:07

Fardels Bear - I thought you said you were out of I3E?

[basem1] 07/2/2019 16:53

You cannot escape me FB. I was in SQZ about 3 years ago too at 7p. I sold at 12p and thought I had done well. Never did get round to buying them back again.

[basem1] 07/2/2019 16:51

Read the 10th Jan RNS again and then look at the 21m Market cap. Gift horse stuff I added twice today

[roundup] 07/2/2019 16:20

The window of opportunity for getting a bargain could be closing.

[fardels bear] 07/2/2019 15:40

It's been offering me 51p for 16000 for the last half hour and it still is now.

[jungmana] 07/2/2019 15:33

I trust MS and believe we will get significant news this month. Added this morning

[purple11] 07/2/2019 15:32

purples in gla

[fardels bear] 07/2/2019 15:18

Ah, but it might be a new rumour. They do happen you know. ;)

[tonynorstrom1] 07/2/2019 15:16

To coin a phrase from FOX or CNN - it’s a big fat nothing burger.

What is different in this rumour to Managements already stated intention to set a bid date and provide an update on JV progress in February as well as finance.

[fardels bear] 07/2/2019 15:11

Obviously not.

[duckdown] 07/2/2019 14:59

Are you able to elaborate ducati?

Cheers.

[ducati2345] 07/2/2019 14:49

Seriously I am picking up some rumours and I stress rumours that there’s a lot of action starting

[che7win] 07/2/2019 12:48

I hear theyre very busy Ducati

[ducati2345] 07/2/2019 12:22

Somethings afoot , buys coming in and few rumours of things progressing

[soldec] 06/2/2019 19:58

They could well be, we just don’t know! Imagine a best bids date...

[fardels bear] 06/2/2019 18:24

You'd think that parties would be falling over each other in the rush to get aboard. Dum di dum...

[che7win] 06/2/2019 18:20

Tony,
I think you misread my posts, I’m looking at the end game here.

For Liberator, the project economics are:

Highly attractive project economics
• Phase I NPV10: US$602MM Pre-tax,
$367MM Post-tax
• Phase II NPV10: US$2.5B Pre-tax, US$1.5B Post-tax

Serenity has just as much upside, so I stick to my projections of the potential here, I think we will be bought out before ever getting near production of 65000 barrels per day.

[d1nga] 06/2/2019 18:19

This usually pops when the bears start getting vocal.
So an up day tomorrow it is.
Easy innit.

[w1ndjammer] 06/2/2019 18:14

and here you go, from their latest presentation. that word INDICATIVE is in there again, just like it was last year. when they promised the world.


JV process underway (bid date late February) and
indicative terms being agreed with lenders for c.US$100-
130MM development/appraisal facility

[5chipper] 06/2/2019 18:08

Why is JOG valued at £45m and i3e at £20m?

[gaffer73] 06/2/2019 17:34

No it's from the January RNS. I'm just highlighting it as someone raised a potential issue with funding. Of course nothing is guaranteed.

[fardels bear] 06/2/2019 17:12

$2 bbl 2c would seem to be about the average.

[tonynorstrom1] 06/2/2019 17:01

Chew7en,

Just thinking back to your earlier share price calculation - you have applied $20 (profit) against 2p & 3p reserves to come up with a potential share price of $40. It does not jive - I’m pretty sure that u are using the wrong metric for undeveloped resources - I think it would be somewhere in the $2 - $3 per barrel which would be 1/8 to 1/10 of what you have used. I’m sure someone on this board can sets us straight.

[fardels bear] 06/2/2019 16:59

It's just the old news being continually recycled by people on here.