I3 Energy Share Discussion Threads

[begorrah88] 24/9/2019 10:06

GH always says the II's are supportive. I've posted up a few times before about how GH told me JCM were great guys, very supportive of I3e & wouldn't be selling anymore stock the day before they cashed warrants & dumped another massive load of stock (about 18 months ago)One thing is certain in my mind. The volume of trade & what gets reported bear no resemblance to each other at all & the regulator is not at all interested.

[ileeman] 24/9/2019 10:05

Lombard down another 2%, strange with over 10million volume Friday it looks like they did not sell much.

I guess it comes down to this £20million mcap oversold anyway you look at it, buyers on the side line waiting for below 3% Lombard TR1 or you buy now and go with the idea Lombard do not plan to sell the lot...You either get a better buy in or you miss the move.

[jungmana] 24/9/2019 10:03

I believe Lombard won't sell out completely. Imo they will hold onto some shares for at least the medium term

[nametrade] 24/9/2019 10:02

Beg, are you still invested here?

[muddyfox0151] 24/9/2019 10:01

Don't go there with Beg , read his posts for the last 12 month , wish I took his advice ...

[hairballradical] 24/9/2019 09:57

Beg,

the irony here is that it would have been better had they announced only a 5% holding but agree that if that's supportive then I can only imagine the support is verbal.

[muddyfox0151] 24/9/2019 09:51

Lol Beg , have to be , deep here ...

[muddyfox0151] 24/9/2019 09:51

BBN. does some interesting posts ...

[begorrah88] 24/9/2019 09:50

LO continuing to be 'supportive' as the crooked BoD refer to it.

[honestmarty] 24/9/2019 09:45

Mobilising RNS incoming

[honestmarty] 24/9/2019 09:44

Credit to BBN on the other site.


EnergyToday 09:38
The #I3E supply ship Hermit Fighter commencement date just got updated to tomorrow.

hxxps://offshore.clarksons.com/

See term contracts page 2 for details.

[honestmarty] 24/9/2019 08:13

Name trade

They were targeting the edge.

not the centre.

It DOESN'T mean it isn't there.

[nametrade] 24/9/2019 08:08

Your missing the point honestmarty...
That's where they thought it was and it wasn't.
The COS was a lot lower than 90 but the the next two drills are a lot lower again.

[muddyfox0151] 24/9/2019 08:03

Sell r buy ?

[tsmith2] 24/9/2019 07:58

there was 550k reported late 22.5p

[honestmarty] 24/9/2019 07:39

Name trade

I don't think that was the intention with the pilot drill.

It was to define a boundary edge?

It wasn't centred over a target site?

This 90% COS ramp was just rumour.

As I said it just means 1 resource is probably smaller than thought.

We currently can't say by how much.

[muddy_40] 24/9/2019 07:28

Sbb1x

Looks like it, I put in an order yesterday at 21 p and never filled, upped it to 22 p after lunch and no takers, then ended up buying in lots from 22.25 to 23, to complete it, so looks like no big seller there.

[nametrade] 24/9/2019 07:27

HonestMarty,
If you were using maps to pin point drill positions and your most definite target didn't come in.....how confident would you be in your more risky targets hitting the spot?

[sbb1x] 24/9/2019 07:16

Wow no deramping posts for 1 5 hours.... have they all bought in now....

[honestmarty] 23/9/2019 16:36

If, as looks likely, we have a mobilisation of the rig and imminent spud, by week end.

Combined with the impotent seller.

Could a significant bounce be on the cards come Friday?

I'm struggling to understand the significance of the pilot hole findings

It appears they have no specific implications for the next well?

And an undetermined downgrade on the second well?

The drop seems excessive , a combination of speculative investors getting handbagged and some II's offloading. The later nearly exhausted.

[ileeman] 23/9/2019 15:47

@BigBiteNow
·
7m
As explained on LSE website today, #I3E currently on day 41 of a 94 day 'initial' drill contract.

The 3 drills are costing $36m of which $33m to be paid this Summer due to BHGE taking $3m at 1st oil.

I3E raised a total of $48.8m for their drill campaign.

$15.8m float in play.

[muddyfox0151] 23/9/2019 15:47

BBN Apologies L2 duration was 41 days, so they are still within the drill in terms of contingencies.Thus 26th Sept places them 2 days max outside known long stop plan, with S1 and A3 capable of matching L2 and beating the long stop date.

[muddyfox0151] 23/9/2019 15:45

BBN. L2 and A3 confirmed as 41 and 40 days duration including contingencies.Said contingencies surely covered already, either in $33m cost or the float.Even after standing down, #I3E are bang on their L2 duration.Re-mobilize from 26th Sept and they are only 3 days out of sink.