I3 Energy Share Discussion Threads

[bountyhunter] 20/8/2019 20:51

He won't be paying commission being a MM :)

[banks69] 20/8/2019 20:48

Beg also one more thing.... you should support a share your invested in. Is that not what most people do bar mm’s and people that want cheep entry. It’s unlikely this will drop under 50p so if you are not in now is the time!!!! I will even refund you the commission your broker charges, now that’s a deal not to be missed.

[showme01] 20/8/2019 20:48

I've always seen this as a medium term play. Wanted a free carry prior to drilling which I would have got had the JV been done. Different risk now but still think at 53p average, minimal downside and plenty of upside.

[mpls] 20/8/2019 20:46

Arguments both ways.


We had the mobilisation news last week which gave a decline as the weak holds sold out.

Now they've gone the spud news may propel upwards as that late buyer of 39K shares thinks.

Recent spud news from other companies have dampened their price but I3 is already down due to seller.

If you were a seller would you like to see a nice increase to sell onto?

[bountyhunter] 20/8/2019 20:44

What a load of old cobblers, more likely to rise on a spud RNS and as the drilling progresses given the 90% chance of success, yes 90%!
We should know soon enough.

[banks69] 20/8/2019 20:26

Yes he could be surprised ( MM Beg )

[bountyhunter] 20/8/2019 20:22

Wouldn't be surprised!
...and since "Hoping for a better outcome" beg could even be pleasantly surprised as well!
90% CoS for the first drill is pretty high and we should know the outcome in about a month.
A spud RNS at anytime now will most likely be the first catalyst for the share price.

[banks69] 20/8/2019 20:21

Hahahah bags it’s more fun ramping and being positive. I’d think £1 or close if 1st drill hits

[begorrah88] 20/8/2019 20:06

Oh hello!Banksy the jolly boy has turned up for some more ramping having been missing all day while the share price didn't do what he was predicting!Your LSE ramping isn't having any effect either I note.Very, very easy to be calling price climbs then disappear when your brave shouts come to nothing.You might be wiser to try and be a bit more realistic and build a bit of historic credibility rather than turn up and go for the cheap popularity vote of '£1+ soon'Of course, in your simplistic view anyone that isn't ramping must be a MM 'looking for stock' FFS!

[banks69] 20/8/2019 19:51

Starting to think beg is a market maker looking for cheep shares :-) :-) :-)

[banks69] 20/8/2019 19:50

Beg pack it the moaning this is thundering past £1 when 1st drill hits. This will be at £3 soon. Just sit back and watch the ride!!!

[begorrah88] 20/8/2019 19:29

Well,If L2 proves successful then we start the same old game for the senior debt we had with the junior finance - as in it is far from the nailed on certainty that i3e portray it to be.Probably drag on for months and be a lot more onerous than a simple funding. It is how i3e work.I'm far from confident, given the huge weight of sales that have crushed any momentum here for the past 4 months, that we would see any gain on a successful L2.A successful next drill 'should' result in some progress for the share price but I wouldn't be surprised to see expectations of a rerate bumped to FOIL as that is a possibility to be delayed based on previous delays to its timeframe.Hoping for a better outcome but all the previous estimations of share price performance have been very wide of the Mark & the market doesn't like i3e

[muddyfox0151] 20/8/2019 19:27

In my opinion , sort of giving the board another chance , was a pretty big exploration to execute .. and the 3 drills are actually happening....

[bountyhunter] 20/8/2019 19:23

92 : 70 : 72

🐘🐘🐘

[showme01] 20/8/2019 19:19

Caters. I think the market has lost confidence in the BoD. They seem to want to blame shareholders for price but the price is a reflection on how the market sees the company. I was hoping to slice some profit at this stage but I will now have to sit tight and see what happens. I have changed my thinking now and will hold most through to S1. Top slice at A3 success and if it is not, hold until the end as success at L2 will be worth a £1 a share all day long imo, the rest is upside. Glad they are doing L2 first as a poor result if A3 were first and we would be at an all time low with the shares in issue. I have been very disappointed in the way this has been funded but we are where we are and it is now all down to the drill bit.

[mpls] 20/8/2019 19:16

Well,

Pilot well has 92% chance of success. FACT.

This unlocks the 100 million senior debt finance.

Leading to 20K boepd. At 50 dollars per barrel yields 365M in a year.

Current Mcap is circa 75M fully diluted taking in account warrants.

IMO first well on success will significantly rerate current Mcap.

Then we have 2 wells of 70% and 72% COS to prove up to 200Mboe. At 5 dollars that's $1B.

Hold on tight...

[muddyfox0151] 20/8/2019 19:13

There isn't much like i3 on aim for the rewards , 75% aim is rubbish ! ....

[caters] 20/8/2019 19:06

So why isn't L2 properly priced in yet?

[showme01] 20/8/2019 19:00

All 3 come in and we are £4 imo. A3 and L2 and £2.50 imo. L2 and you double your money. The upside could be higher depending on what they find and how they take it forward.

[muddyfox0151] 20/8/2019 18:36

Don't want pennies , happy to hold , for 2 year , can retire on my holding .. :) :(

[duckdown] 20/8/2019 18:19

We thought the same about rig mob!

[kierandoberman] 20/8/2019 18:08

Spud RNS should add more than a few pennies on the SP

[duckdown] 20/8/2019 17:47

Rig anchored, tugs have gone home. Time to start drilling now.

[muddyfox0151] 20/8/2019 16:54

Few k down anyhow so whatever, hold for the 3 month results