I3 Energy Share Discussion Threads

[showme01] 09/3/2018 09:33

If an industrial partner ( such as Repsol ), put up a $200m loan facility to aggressively drill Liberator and hopefully the 30th round asset, this will be at least triple current share price imo on funding news. Within weeks of funding we will know about the 30th round but the BoD feel that they have secured it with the bid they have put forward. Funding and triple the reserves and we could have a 8-10 multiple on our hands. The JV industrial partner gets no more than 33% of the assets they fund, loan is repaid back through income from the producing wells and even before the first drill starts, this could easily have a market cap of £150-200m with funding and a successful 30th round award.
Never been in such an exciting share that has low risk and such high reward potential.

[duckdown] 09/3/2018 09:20

Remember this company is still relatively unknown. Imagine if a serious volume of buyers wanted to get in, which they hopefully will in time.

Once funding is agreed and word gets out that production will begin this year, this will receive a lot more press and attention.

At that point, major re-ratings should occur.

It's more a question of when rather than if, looking at the last company update. You can never be certain in this game but it looks promising.

[duckdown] 09/3/2018 09:14

Shows how quickly this can move when a large seller isn't consistently offloading.

Next few weeks could see this double.

[showme01] 09/3/2018 08:42

2Prsimo. Agree, it has revisited 1 month low and bounced off it. The lack of shares is the main driver now for upward momentum if this lack of stock continues. News on funding could come from 14th March. 6-8 weeks from 31st Jan RNS

[2prsimo] 09/3/2018 08:38

I would certainly be buying that chart - looks primed

[caters] 09/3/2018 08:36

Buyer in the background too?

[showme01] 09/3/2018 08:27

Interesting to watch the MM shuffle for position CFEP just switched from offer to bid now. ATM they clearly have no shares. Bid and offer going up 1p with every buy or two. :-)))

[a2584728] 09/3/2018 08:18

I have added on the dip so averages down to 63p. Am sitting tight now until 100p. My other big holding is CAB

[showme01] 09/3/2018 08:13

3 mms already on the bid at 66p.

[showme01] 09/3/2018 08:08

Could hit highs today. Not much stock around atm.

[caters] 08/3/2018 23:22

That's how it is - but at least it looks as though they've sold out and JCAM look to be staying put. Looks promising.

[jungmana] 08/3/2018 23:09

Then we would have been at £1+ by now. Is all their selling that took us down from 76p over last 3 weeks.

[gytrader] 08/3/2018 19:41

Or they could have 1,395,000 left!

[showme01] 08/3/2018 19:06

Jungmana, well spotted !

I'm confident we will have a great couple of months. I spoke to Graham Heath earlier in the week and although he could only discuss things that are already known, he seems very happy with progress.

[stamford hill] 08/3/2018 18:28

Great spot Jungmana..

[duckdown] 08/3/2018 18:15

Yes I think you're right Jungmana/showme01. Looks like CF have sold their lot.

Good news, and certainly makes the next 4-5 weeks very interesting.

[stamford hill] 08/3/2018 18:10

Hope so showme01. Looking forward to next week thats for sure. First signs of spring, Cheltenham, Paddy's day, a few jars, Six Nations and the anticipation of a positive RNS. Happy days..

[jungmana] 08/3/2018 18:10

Is them. As of 19th february they had 1,595,340 shares and look at the last 3 digits of the delayed sell of 200,340 :-)

[showme01] 08/3/2018 17:54

Delayed sell. City Financial could well be out.

07-Mar-18
16:23:56
60.00
200,340
Sell*
63.00
64.00
120.20k

[caters] 08/3/2018 12:03

Why give post #798 the thumbs down?

[crapcrap] 08/3/2018 12:01

chet , nice to see you here as well!

[che7win] 08/3/2018 11:42

Too dangerous to be out of these imho.

Nice jump today.

[jungmana] 08/3/2018 11:38

CF only had about 1.5m left from the 19th of february. We traded about 3m since. Glad i increased my holding about 30% this week.

[showme01] 08/3/2018 11:35

Scotty agree. They seem to have sold the shares they are holding, I guess via City Financial. The next couple of months will have this looking like a completely different company and far less risk. I'm confident the funding package in the last RNS will materialise and the 30th round bid looks likely to materialise too. share price will be several multiples higher if both of those happen.

[scotty666] 08/3/2018 11:30

I see PEEL jumped over to the bid so maybe why it is moving up a little, they had been stubbornly sat on the offer for some days now. Anyway soon be Q2 then we will have more to talk about than volume & MM.
Cheers