I3 Energy Share Discussion Threads

[tiler1] 20/9/2019 09:39

If Serenity is a success that alone is worth more than £2.00 per share.

I believe if this drilling session is a overall success, then they will sell up and quite quickly. Then you will see the these values.

But A3 & S1 need to come in !

[rumobejo] 20/9/2019 09:39

wish monkeys can call tops as they pretend to call bottom

[anley] 20/9/2019 09:19

From 27p to £2.80.................someone must be mad or does not understand how the market in oil & gas exploration share values work.

Try 60p..............and that for the time being is tops or even a Take/Over at that price with the funds and directors falling over themselves to cash in...............

[rumobejo] 20/9/2019 09:08

fomo kicks in above 30p, keep it going flawless...

[flawlesskicks] 20/9/2019 08:39

I don't think they will delay anything. If the next two Wells are a success, they will probably extend and do the pilot again once the value is in the share price. Next two Wells positive and we are looking at £2.80 share price.All starts next week. You are either in or out in this two for one offer! I've loaded up.

[russiaguru] 20/9/2019 08:16

S1 very likely to be delayed they need to guarantee foil 2020.

Also their data is likely to change all cos percentages and resources.

Surprised no news

[flawlesskicks] 20/9/2019 08:13

I think you are right. News is guaranteed next week imo. We will have the rig moving and also info on the VSP results.A busy week coming up! Really looking forward to the coming weeks!No news is good news at the moment. Shows they are studying the details hard before the next move.

[shorterofdoom] 20/9/2019 08:00

A3 hasn’t started because it’s not due to start yet. There is no time to drill S1 unless they do a round of fundraising, which they struggled so much with over the last 3 years. They will have to place at a massive discount and probably before A3 results. Waiting until after another duster and they will never raise funds. The end is neigh

[stockport loser] 20/9/2019 07:53

Why haven't they started A3 yet? And how are they going to drill S1 within the timeframe?No communication since the duster RNS is not acceptable.

[flawlesskicks] 20/9/2019 06:42

Directors were Greedy buying in at 37p...they thought that was cheap. Baker Hughes have deferred £3million of payments until first oil with warrants at over 56p.I think we will look back at this period wishing that we had all bought more!I'm very happy with a £10k position. Rns must be right around the corner with the next company move. Sentiment changes very quickly on Aim and I know for a fact i3e is currently being watched very closely by the investment community.

[kierandoberman] 19/9/2019 21:48

Give a man enough rope and he will Hang himself , I think you last post might just do the job !

[shorterofdoom] 19/9/2019 21:20

Endless lies from this corrupt company. Even after a duster saying they were wrapping up LPt-2 last weekend when they have issued a programme to regulators with a duration 1/3 longer than they spout to shareholders. Bargepole for longs, golden ticket for shorts

[fardels bear] 19/9/2019 20:30

It wasn't a proverbial sword. They actually used to dispatch themselves by doing just that.

[flawlesskicks] 19/9/2019 19:45

A week is not very long. If you look at some of the posts on lse today you will see that things should start to move by thd early part of next week. Still lots to do to get ready to move the rig.

[nametrade] 19/9/2019 19:40

It was a week ago that they RNS'd result. I can't help thinking that if it was just a few metres out then we would have heard something by now.
Seems to me that they don't really know what to do next.
If the seismic is out then they don't want to pay to poke holes in the wrong places....but the rig is there and do they roll the dice?

[flawlesskicks] 19/9/2019 18:54

Most of my money is in casp but this was too good an opportunity to turn down. I believe this is lowish risk and high return on a success case. Not easy for those who are in from a much higher level but from this level there is a good chance imo of a multibagger.I'm not putting in more than £10k here. That's my lot now and I will wait for the next two Wells to complete.

[thetoonarmy2] 19/9/2019 18:18

Cashandcard. Sorry, they got rid of Carson as they said he was a geologist and Majid would be better at getting the funding sorted, yeah well we all know what happened and he and Heath like pigs at the trough give themselves loads of option in the 37p cash-raising exercise as a bonus for such a good job. Those two must fall on the proverbial sword!
Flawless. They missed and were apparently about 200 metres from where they should have been let's see what the Vertical seismic says. I am more hopeful than positive that they will be able to salvage something here and I believe like you the price will recover I also have 250k of shares and am well underwater.

[shorterofdoom] 19/9/2019 17:08

Meanwhile the clock of doom ticks away eating the cash pot. Soon be at 82 days and no cash to fund well number 3, except for a massive discount placing with confetti warrants. Just like last time

[shorterofdoom] 19/9/2019 17:06

That’s actually quite funny. You refer to the map, but that map has just show a dry hole. It means the whole map is incorrect, regardless if you thinking it in the middle of the channel. The channel is highly unlikely to even exist.

Meanwhile I reap the benefits of being short on a poor company

[flawlesskicks] 19/9/2019 17:01

Looks like they just clipped the edge of the 'sweet spot' where the reservoir is pinched. The VSP should tell us by how much - they could even do a side track if they want to?

A3 - looks to me a much better bet as in the middle of the field (practically) so no danger of missing due to being too close to the border.

Oil is there and sands are mapped so they have a pretty good idea of what to expect on the next drill. If the lower sands were not hit - then I would be worried but they are there. That's a plus and the VSP should help to clear things up for investors.

I am confident they will make this work. Another £5k gone in today so now up to £10k. Two positive wells and I'm looking at £100k - negative and probably walk away with £3-5k. I can handle that risk/reward and I think many will feel the same way as I do.

Getting in now, there is even a change of top slicing 100% and having a free rise before the drill results even come out. Sentiment will change massively as we get closer to results at A3.

[alexios1201] 19/9/2019 16:50

Yes I am aware of these three drills clasification as appraisal...13/23d-8 was non commercial 20ft oil findLpt drilled in the sweet spot 650meters away found no oilLA-03 location is under 2miles away from Lpt targetting the same upper captain sands above OWC using the same seismics profile unless they are adjusting slighly after they ran VSP in Lpt to understand the reservoir betterWatching anchor handlers booked, will give ~2days window for the rig move to LA-03 location