I3 Energy Share Discussion Threads

[5chipper] 12/9/2019 16:07

Cheers Showme. All the best.

[ihavenoclue] 12/9/2019 16:07

rumobejo
10 Sep '19 - 15:30 - 11259 of 11705
0 1 1

abondended means 20p then 10p then a placing etc etc

============

No it means you should have listened more in class ;)

[showme01] 12/9/2019 16:04

Cheers Begorrah. I will be. No interest now but good luck :-)

[begorrah88] 12/9/2019 16:03

Cheerio showme, don't be a stranger here

[showme01] 12/9/2019 16:02

Because stupidly, I believed what the management told be that the JV was a dead cert a week before it collapsed. I have only myself to blame. Hind sight eh! No more posting from me here. Good luck all holding, genuinely mean it !

[begorrah88] 12/9/2019 16:01

Best of luck uk2day. I can certainly understand your thinking especially as i3e initially promoted themselves as experienced management team & not many shares in issue. Look what that became.

[jgandolfi1984] 12/9/2019 16:00

Why you not sell when are you gain? I not for a long time i want only this return the value of 2 days ago. 45% one day is too much for 1 day.

[showme01] 12/9/2019 15:58

I'm the same as uk2day. Walked away with a 40% loss after being as high as 140% gain before the JV fell apart. NO confidence in management with both fund raising and drilling in the sweet spots. Good luck all. It's been a rollercoster that I have had enough of. Might come in for S1 if A3 fails and share price drops down to early teens.

[uk2day] 12/9/2019 15:53

flawless

I have been one of the long suffering 13e shareholders for well over a year only to walk away with 40% loss! i agree re bad news priced in, but none can say it wont go lower!,as is always possible, i have now switched my funds to eco ,which has a proven oil find and possibly more to come!,eco have competent ambitious managment, and also have the chance of a bid from multiple partners! eco wins hands down imo of where to have my funds!!

i will be keeping an eye on 13e but i have no faith in managment after the 90% cos duster!!!!

i wish all holders good luck with i3e, imo you will probably need it!

[flawlesskicks] 12/9/2019 15:36

This drill hole was proving up about 8million barrels. This will now be lower but there will still be an attributable reserve. The main oil is in the next drill! That is where the share price either does 400% rise - or not. From this level, it's got to be worth chucking £5k in surely?

[uk2day] 12/9/2019 15:36

I post below a link to a company called S-cube which might be of interest to holders.
Tullow Oil, who in parnership with ECO and Total/Qatar, used their XWI algorithm to help with their seismic interpretation of their Orinduik block in Guyana, leading to the recent major oil discovery.
I note on the home page, that "Equinor NS field" scrolls up after a while and if you scroll down the page there is a presentation link for Statoil, under "Key Presentations."
Presumably this process will be of help to the partnership during the ongoing 3D seismic interpretation.



something the managment should take a good look at imo!

[sbb1x] 12/9/2019 15:29

With news flow next week it should start to rise

[flawlesskicks] 12/9/2019 15:23

Sbb1x - Basically, what I said would happen here yesterday has now happened. Still, today is the day to enter here imo. Bad news is priced in and share price is very depressed. The last dregs of selling will more than likely be today and tomorrow with a positive week next week after an rns confirming that all is still on track.

I like the risk/reward at 29p. Good for a double up on the next drill if it comes in as expected.

When are they spudding the next drill anyway?

[corgies2] 12/9/2019 15:02

cash ,,,, thanks for your reply , When I compare mcaps to other parts of the financial world ,I usually turn to the mad ,mad world of football . Perhaps darts is now a better comparison for the next drill.....a double top to win ,20 ok but a 1 is close and a wire in between !!

[charlieeee] 12/9/2019 14:19

So, if LOM were short selling the warrants, is that RNS indicating a holding reduction in fact closing out the short (which would otherwise have been covered by exercising the warrants)?

There does not seem to be any evidence of shorting, either single positions, or stock on loan.

More clarity would be helpful

[cashandcard] 12/9/2019 14:00

corgies,


Not so familiar with it but have seen other companies use it to gain info about the vicinity of the immediate wellbore. Very important data so they can recalibrate their model. Not sure it has any bearing whatsoever to distant wells that are miles away or part of a different playtype than the one they are checking.


Cash

[flawlesskicks] 12/9/2019 13:57

I've now taken a position as the price seems too cheap. Only £5k but will hold for the next well result. Drop seems silly for a drill that wasn't even done to be a producer!

Sbb - CASP looking very tasty after today's news ;o)

[corgies2] 12/9/2019 13:54

cash are you familiar with the 2 new seismic technologies ...are the results likely to be only useful in providing more detail in and around the pilot well site or does their range do anything to help locate the next well ? in any event too late for the pilot well and not much time for the latter . .

Thanks in anticipation
corgies

[gisjob2] 12/9/2019 13:44

Costax,

Nothing posted on this board will have any bearing on the share price.

[costax1654x] 12/9/2019 13:36

Haven't seen such desperate deramper from long time!!!Short seller or trying to buy cheaper!Beware of donkeys like that

[costax1654x] 12/9/2019 13:32

20 cm...in yr mouth

[jammydodger1] 12/9/2019 13:27

Seller still has over 10% to dump and they are dumping Slow back to 20p and below

[cashandcard] 12/9/2019 12:52

I have never seen a 90% CoS figure in any official data. Only by folk on social media and stock bb's. It is a fabrication imo.

Here's the concern for me now, the LW well will test the westerly extension of the greater liberator field concept. Importantly, there just happens to be a well drilled just north of the main LW contour area at this westerly location, it came up dry. I3E say they know why it did and the well was placed in the wrong location. It could well be the case it was just outside the boundary contour as they map. However, I'm not sure what to think now as it would seem their model is out.

The only certainty I have about the resources here now are the CPR numbers, which after the current well is done, will be subject to some revision. But hopefully enough to confirm the required resources for Senior debt.


Cash

[muddyfox0151] 12/9/2019 12:50

90% was all over Twitter , no one really questioned it ! Wild cat drills , bit extreme , they need to hit the two target Zones , worried investor now . Ha