I3 Energy Share Discussion Threads

[muddyfox0151] 23/8/2019 15:04

Think he needs go back is chocolate factory :)

[markstevenkirby80] 23/8/2019 14:44

Made on mxo ,so lost today you win some u lose some ,

[willywonka22] 23/8/2019 14:40

How was adme for you.......Yeah laugh now

[devonlad] 23/8/2019 14:32

Nice PH, still at work looking at the grockles in the traffic jam outside my office, can't wait to get out albeit I'm enjoying the bit of work that I'm doing at the moment. I think in these situations where there is a logic to value and the investment but there is a seller, you have to be hugely patient. I actually like these situations, VRS was a great example, you can make a lot of money if you are very patient.

Actually, HZM is a better and more recent example, constant seller taking it down to silly levels, they appear to have cleared now and the share price is shooting up. I3E is just in the same situation, patience will reap rewards.

[willywonka22] 23/8/2019 14:24

MMS will mark it down by 60/70% normally That's going to hit hard Dnt think the 1st drill will strike oil Be careful Dnt oversize your positions

[willywonka22] 23/8/2019 14:23

So what's the price on the duster 1st still you reckon

[bountyhunter] 23/8/2019 14:07

Interesting comments about warrants, good posts Devonlad, potentially explains a lot re recent price action.

[piehunter] 23/8/2019 13:57

Been surfing 2 hours, nice waves out there.

[muddyfox0151] 23/8/2019 13:45

Selling to make 100 /200 pound lol

[sammyshares] 23/8/2019 13:40

sudden selling!

[tournesol] 23/8/2019 13:25

Hi Buffy

...Worth remembering that the COS or POS is the composite of several factors that need to be present.

1) The presence of mature source rock
2) Effective hydrocarbon migration and charge
3) The presence of an effective reservoir
4) A hydrocarbon trapping mechanism

The chances of each of those four conditions being satisfied vary, but as an example, if each of those was assessed as being at 97% then the COS for the drill, or indeed the POS, would be 88.5%. A COS of 90% is therefore not too shabby…

Worth remembering too, that there has already been a successful exploration well on Liberator, and it ticked all four of your boxes. The 2 imminent Liberator wells are an appraisal well and a production well. Appraisal wells are basically done on the "measure twice, cut once" principle. So the COS is really the probability that the first explo well was a good one - ie not some kind of fluke.

IMHO the risks around the appraisal well are asymetric. There is a v small chance of failure, but if it did go wrong it would murder the share price. By contrast, in a logical universe, success should not massively boost the SP, because it is already expected.

That said, the market cap is plainly too low for a co looking to start production in the next year or so. The market is not always efficient.

[mpls] 23/8/2019 12:09

The oil is there, it's already discovered.

[costax1654x] 23/8/2019 12:04

When oil hit,forget about anything below 100

[caters] 23/8/2019 12:04

Me, as Derbyshirelad, is pretty envious of your easy access to the sea.Derbyshire Dales are glorious at the moment but juniors would sooner be surfing than rambling for certain.Interesting discussion about the warrants and Cash's letter to AIM HQ seems to have worked.Let's hope yesterday's sell off was the low.

[devonlad] 23/8/2019 11:50

Beg, as you often say, pays to look with logic rather than emotion. Just reading up on Rockhopper and the development costs for their field in the Falklands. If I3E hits their targets, it is so undervalued, just happy to buy more.

The warrants sales is the only logical explanation imho, just the issue of the 14m odd at 56p to deal with! Nice to see a buyer moving into the stock today, just need a few more of those. Anyway, the sun is out, it's getting hot and there's a decent wave for the bank holiday weekend, so I'm going to be in the sea for the next three days with my daughter!

[begorrah88] 23/8/2019 11:33

Good post DevonYes, the TR1 having come out actually clarifies things a tad. To not submit a TR1 is fairly common on AIM so I had a concern that LO may have been offloading big time but LO have confirmed they 'only' reduced 600k so that leans more into your logic of the warrants.A couple of good posts on LSE i3e board about the warrants that also seem plausible.I hope the share price has stabilised a bit now & we can form a new base.

[hpotter] 23/8/2019 07:27

Article with picture.

[muddyfox0151] 22/8/2019 21:50

It's all about how many shares you hold , when it does go , and if it does !!!!

[muddyfox0151] 22/8/2019 21:48

Bring on tomorrow another round golf in Ireland , maybe another 5% drop , who cares ... it's the drill results that matter :))))))

[nametrade] 22/8/2019 21:40

Yep, let's hope the first drill is successful at least the institutions can unload into that result. It may actually move for the second drill then.

[bountyhunter] 22/8/2019 21:33

Not worried about daily moves, any one of the 90 / 70 / 72 % CoS wells being successful could be transformational and you don't have to be Einstein to see the that probability is good!

[showme01] 22/8/2019 21:17

Gaffer, but those in from the early days...…..PI loyality that creates a market etc etc

[muddyfox0151] 22/8/2019 19:54

Thought the drop today was amusing , played golf today , couldn't help a peep .:)