I3 Energy Share Discussion Threads

[newtothisgame3] 11/9/2019 07:28

#I3E AIM-listed #i3 #Energy #Group had worse luck in its North Sea operations. It sank 45.3 per ... via @ThisIsMoney

[divmad] 11/9/2019 07:27

But the oil is still there, well, as long as you don't miss the boundary!

[fardels bear] 11/9/2019 07:24

They've been late on everything else.

[begorrah88] 11/9/2019 07:20

Majid says in the video 'we've obviously been working through the night, we TD'd the well late yesterday......'[2.56 minutes in].

Yet they didn't inform the market at opening? waited until 2 hours had passed before informing the market.

Strange

[jungmana] 11/9/2019 07:06

yesterdays interview worth listening to twice. still good potential here to multibag from this level.

[sbb1x] 11/9/2019 07:05

Some people didnt like my 300 million barrels post, so lets at it in another wayPotential recoverable barrels 200 million mkt cap is 27 million divide 200 million barrels.The potential reserves valued at 13.50 pence a barrel.Oil in the ground valuation is 3$/2.42 a barrel.How many bags.....

[costax1654x] 11/9/2019 06:55

Give it a week,and will be over 40

[costax1654x] 11/9/2019 06:48

The main holes are not even in the same area!

[shorterofdoom] 11/9/2019 06:02

Cash value sbb. You mean the cash they have to use for the drills. Warrants won’t convert so no more cash coming in. They just hit a dry hole a stones throw from a discovery in the sweet spot. 630m away from the discovery yet they claim to have missed by 200m.

Nothing but desperate talk.

The whole CoS has vastly changed now. Wildcats galore. Their form has just proved how good their mapping is.

Do you realise that they failed 3 or their 4 objectives. These objective were filed with the regulators.

1. Confirm a mapped increase in the elevation of the top of the reservoir 630m from the discovery well.

2. Confirm oil column 70ft (+-25)

3. Establish the length of oil & gas column at this area

The fourth and final was to conduct VSP

So they have clearly failed in their objectives filed with the regulators. Yet here they are trying to ramp different objectives on a PR website. They looked very worried. Poor body language. They know the rest are wildcats and are worried.

How will they get development funding now? They have just bust their modelling. Which finance houses will fund this? Only option is they get lucky at A3 which is doubtful; CoS will be next to nothing now. Placing at a massive discount to try and drill some more next year. Hardly making commercial sense now

[kierandoberman] 11/9/2019 01:04

are still holding ?

[showme01] 11/9/2019 00:59

So gutted. Not life changing but it has hurt today. Good luck to all of you. Best wishes

[muddyfox0151] 11/9/2019 00:53

Point am making you can't fool anyone on this board, other posters will mince you !

[sbb1x] 11/9/2019 00:17

Last year matd hit a duster and mkt cap fell to 13m when then they had 18 million in the bank.It THEN rallied all the way to 59.5m before spud.Here we have 33 million in the bank and a mkt cap of 27 million. The only reason we never went higher than 55 million is we had a constant seller holding this down.Hopefully that churn off 32 million shares today has finally seen them exit.Always image a 2 sided weigh scales, if you have a large distressed seller its always pulling you down or holding you back. If they have cleared and im sure they have this is ready to move. Good luck people.Just filter the negative posters they are just looking for cheaper entry.What we write on these FREE boards dont matter, market mafia will always take it where they want it.

[thegreatgeraldo] 11/9/2019 00:02

& apparently they only missed the channel by 200 of the new fangled "metres"

[costax1654x] 10/9/2019 23:23

It was 600 m from the previous discovery!

[craffert] 10/9/2019 23:18

Its quite an achievement to not find any oil on a previous discovery. Calls into question the judgement of the technical/operational team. I think the share price reaction reflects the risk of needing more drills on Liberator before snr debt can be unlocked, to unlock the cashflow. And we know how costly and risky drilling is.

[potential] 10/9/2019 22:46

https://www.proactiveinvestors.co.uk/companies/news/902417/liberator-setback--doesn-t-change-upside-potential----i3-energy-s-majid-shafiq-902417.html

[muddyfox0151] 10/9/2019 22:45

Yes Zeus , am still positive, two drills to go , Nervously awaiting . Ha

[zeusfurla] 10/9/2019 22:42

I see a few paid de-rampers have arrived. Better to stick to the facts and make a calm and measured assessment. Still good value here although not without risk but when did O&G investments ever come risk-free?

[muddyfox0151] 10/9/2019 22:40

Nothing really has changed , two drills , they have to hit the sweet spot ....

[muddyfox0151] 10/9/2019 22:34

Sbb1 x am wounded but not dead yet , hold substantial , holding for gold . Lol

[sbb1x] 10/9/2019 22:31

This is not a curse, the market cap is a gift at this price.Anyone that got scared out today by the constant deramping from our new friends should have a sleep on it tonight and remember the real potential here and the size of the prize.