I3 Energy Share Discussion Threads

[sbb1x] 11/9/2019 12:16

Just a waiting game for the derampers to turn into rampers with there real profiles.

[flawlesskicks] 11/9/2019 12:16

Sbb1x - Like I said yesterday, it isn't worth the risk to me until I see where the hell all these shares are coming from? a TR-1 showing major ii selling would have a further impact on the price. At CASP I know they have started the A8 90 day flow test as on elicense.kz so it is just a case of waiting for formal rns and the re-rate. Money all gone in there.

[greyingsurfer] 11/9/2019 12:10

I am a bit puzzled by the planning for the Lpt-02 well, and the cos that is getting quoted. Perhaps someone can help?

The Jan presentation implied that the L2 producer would be drilled this summer, but by April it was being described as the LPt-02 well, a pilot to optimise placing of the L2 well.

I can find no explanation of the change, or how it came about. Can anyone provide a link?

Similarly, where does the quoted 90% cos come from? I can't find a source for that either.

What have I missed?

[broadbean78] 11/9/2019 12:08

If they progress with S1 (not certain at this stage given L2 results and pending A3 outcome) then I'm not sure they'll have enough days left in the Borgland schedule? That's even assuming they finish A3 on the permitted schedule. Therefore 'may' need an interim fundraise to cover extra rig days and complete S1 should that still be the plan.

[jammydodger1] 11/9/2019 12:02

Down it goes

[muddyfox0151] 11/9/2019 11:59

The plot thickens i3e , two drills left , all is not lost chin up ...)

[sbb1x] 11/9/2019 11:59

Like you say short term, panic and fear being driven by our negative agenda posters.Let the iceberg seller clear and lets go.

[sbb1x] 11/9/2019 11:55

Market mafia probably clearing a massive 14 million sell order, what is being worked. All will be revealed soon.

[flawlesskicks] 11/9/2019 11:54

Sbb1x - It makes no difference where things are based imo - sentiment is everything short-term. Longer term no issues (unless they mess up the next drill) but if everyone thinks the price is going to shoot up, it will probably fall more. That's AIM and mms for you from my loooonnnnggg experience in the markets mate.lol

[tsmith2] 11/9/2019 11:54

10m traded

[sbb1x] 11/9/2019 11:52

Seller needs to clear, patience is required. Lek got taken down by sellers to 3p. It has since risen to 7p

[ducati2345] 11/9/2019 11:51

Twice as many buys as sells and it drops a penny. This stinks

[cashandcard] 11/9/2019 11:50

Clearly there is a huge line of stock that has not yet cleared in I3E. Forward selling by warrant-holders perhaps?


Cash

[sbb1x] 11/9/2019 11:50

Lek is based in one of most corrupt countries on earth.

[muddyfox0151] 11/9/2019 11:48

Just seen that all blue

[ducati2345] 11/9/2019 11:47

Never seen a share with so many buys go down

[flawlesskicks] 11/9/2019 11:40

Sbbx1 - hope so mate. Mms could push for 25p now by the look of it. If there is a seller about then the actual value here has no meaning at the moment. Look at what happened at LEK!

[muddyfox0151] 11/9/2019 11:39

The won't be a placing they funded for three wells ?

[gisjob2] 11/9/2019 11:39

Agreed Muddyfox

[gisjob2] 11/9/2019 11:37

Corgies2,

I'm not sure the next two drills carry less risk than the first as they have a lower COS and are based on the same failed seismic.

[sbb1x] 11/9/2019 11:36

Time to add a few more switch off until next week when all the games are finished

[corgies2] 11/9/2019 11:35

I've followed this mornings discussion with interest as after listening to yesterdays interview , I was left with the question ..WHY TAKE THE RISK ?

To be sure , there is no profession on earth where there is not major differences of opinion . So it is entirely possible that the professional and trusted advisors of the financiers , have differed with i3e on where to locate the pilot drill and ,as they are providing the brass , they should take the risk .[ as well as yesterdays interview there has been references to employing internal and external /independent sources of seismic expertise ] though the proposed next 2 drills look less risky , will there be a different opinions ?

Yesterday I asked Pro ,if i3e should forego the Serenity strogly drill in order to have another go at finding the optimum location for a production well. After thinking further , I strongly agree that Serendipity should be drilled and we should proceed with production plans from what would be a sub optimal location'
PROVE UP AND SELL

[gisjob2] 11/9/2019 11:35

Njw2,

Fully funded for the next 2 drills, possible lender problem for phase 1 development now pilot well failed but company needs to explain in detail whether lenders are still on board. That would settle the matter.