I3 Energy Share Discussion Threads

[duckdown] 12/9/2019 23:37

Come on everyone, celebrating other people’s losses is not on. We are all in this to make a bit - some we win, some we lose. Some days it’s fantastic, other times it’s depressing, but there is no need to rub other people’s faces in it whichever way it goes.

[muddyfox0151] 12/9/2019 23:18

One of the nuisance posters on here , has lost , a lot of money recently:))

[sbb1x] 12/9/2019 21:34

Looks like he will loose his money on sxx as well.

[costax1654x] 12/9/2019 20:52

How is Kefi by the way??

[costax1654x] 12/9/2019 20:52

Muhahaha...you invested in Kefi and cadence......you lost all your money

[rumobejo] 12/9/2019 20:40

"That sounds like a great gamble with 70% cos." dear oh dear how about the 90% CoS that was just abandoned, GambleAware.com!!!!

[flawlesskicks] 12/9/2019 20:02

I do like the idea of a 400% return on the next drill from this level... That sounds like a great gamble with 70% cos.

[flawlesskicks] 12/9/2019 19:07

No thanks. Most of my money in casp and staying there.This is fun for me.

[duckdown] 12/9/2019 19:05

Rumours of Serenity next.

Very wise option imo. Analyse these results properly and come back to Liberator in a few weeks.

[divmad] 12/9/2019 18:53

£5k? Peanuts. How about a £50k investment here?

[mpls] 12/9/2019 18:22

From LSE:


BigBiteNow RE: I3E Interview Tuesday 10th SeptToday 12:13

Ok understood but with all due respect your previous post pointed towards said 11.7mmbl being a figure the company had stated was what was required. But perhaps I got that wrong.

I do however now appreciate what you are saying and it is a very good point.

The directors reported in the interview on Tuesday that the total reserves now stands at circa 21mmboe. I suspect this includes water injection, which is noted as a opportunity in the CPR and has been successfully employed on Blake.

L2 is supposed to be contributing up to 8mmboe to this.

If in the end it comes in at circa low end 2mmboe, then it will still mean a 15mmboe reserve.

The valuation, which can be found on page 6 of the CPR, has the post tax NPV10 at $200.4m and pre-tax at $327m, based on that 11.7mmboe you have stated.

The BOD are reporting a minimum 13mmboe with no extra help from L2, but which is stated as coming in higher.

So the $200.4m goes up with the target of 18.3mmboe reported in the CPR as carrying post tax $349.8m and pre-tax $576m

So a mediorce result on LP2 would land that, which gives real prospective to the $90m needed to finance Phase 1.

The focus is on the finance options driven by the company's preferred method of a RBL, but the CPR has the original Phase 1 as financially viable at Mid Case 11.7mmboe and I3E already has more than that before the L2 results are finalised and add more to the pot.

The market is getting this. This is becoming more and more interesting.

[underdog1] 12/9/2019 18:05

Best of luck showme - I’m sure you’ll recoup your losses and then some in time. Just say a prayer for those of us who have doubled down..

[flawlesskicks] 12/9/2019 18:00

Costax...it is a distinct possibility if only a hundred m or so... Worked like a charm at jog! Sometimes I wonder if these misses are orchestrated to make money for the major holders... Just an opinion of course!

[costax1654x] 12/9/2019 16:42

They might drill it side ways!If only missed by 100-200 m!!Shorters will be screwed!Same as JOG

[corgies2] 12/9/2019 16:41

showme ….sorry to see you go all the best corgies

[hairballradical] 12/9/2019 16:39

Am expecting an RNS early next week following the results of the vertical seismic profile and the shear wave sonic log. This may give us a better indication of how far away the reservoir actually is.

All works at the well complete by the weekend, so any day from Monday is possible.

HBR

[muddyfox0151] 12/9/2019 16:27

What school you go ?

[jgandolfi1984] 12/9/2019 16:25

wait the result is too late before you know the result another people bought all shares and if go in after the will sell hahaha

[muddyfox0151] 12/9/2019 16:22

It ain't over till the fat lady sings . Two mores drill , price to me is pointless now 20k down , so would be foolish cash out , bargain for newbies :))

[flawlesskicks] 12/9/2019 16:21

Your name says it all...the best time to buy is when there is blood on the streets for very little reason! Such as now ;o)

See you when my £5k is worth £20k and you are buying my shares off me lol.

[ihavenoclue] 12/9/2019 16:08

flawlesskicks
12 Sep '19 - 15:36 - 11698 of 11706
0 0 0
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?

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

Same risk as before ... much better to wait for result then buy in if good news

[flawlesskicks] 12/9/2019 16:08

I had i3e from 23p to £1 a while back just after they listed. I see the current chaos as the perfect time to take a position. I wasn't ready yesterday but today after a good bit of research, I'm in.

Sorry to those who lost but you are mad to sell after a sell-off like that! Of 400 million barrels potential during these drills, this pilot hole was for 8 million...

By selling you are feeding the sharks and giving yourselves a big loss for nothing.

The fun and games are just getting started!