I3 Energy Share Discussion Threads

[underdog1] 29/9/2019 10:45

Didn’t jog/equinor state a similarly high cos (~90%) for the verbier appraisal well and end up in the same scenario? Check the jog share price post that rns vs now and you’ll see how much upside we have.

[honestmarty] 29/9/2019 10:39

The current price, I beg to differ.

There was a large price rise on speculation into the result of the first well.

Lies were told by posters of a 90% success rate.

Much of this speculation will have been on margin.

These gamblers got severely roasted on the miss.

That is what drove the price down to these ludicrously low levels.

What happened before has absolutely no relevance to the COS on Serenity .

None.

This is the rational assessment of where things stand, and why this is a bloody bargain for people not blinded by their previous losses.

That said if we get the positive RNS tomorrow morning, I suspect you will have missed the bottom, by quite some margin.

[honestmarty] 29/9/2019 10:29

74 atom

Sorry but NO.

You are completely wrong, understand why you are making the error of judgement, but still wrong.

No matter who had looked at the pilot well data, there was always a risk of a miss.

The best team in the world, can assess the data, give a success rate, and still miss.

[74tom] 29/9/2019 10:04

Of course there is a read over from Liberator. It’s got nothing to do with the structure, it’s about the competence of the team and their ability to interpret data. They have everything to prove, and the current share price reflects what the market thinks the chance of success is.

[muddy_40] 29/9/2019 09:45

Good to see the be careful brigade arrived, means they want in tomorrow morning and then they become bullish..lol

Sell their grannies they would..lol

[honestmarty] 29/9/2019 09:26

Classic error of risk perception.

Serenity is an entirely separate structure.

There is no read over from Liberator.

[74tom] 29/9/2019 09:21

Honestmarty, surely any 72% chance of success lacks any credibility after they missed their target with Liberator?

As for 100p on success, sure it might get there over a few weeks, but it certainly wouldn't open 400% up, so plenty of time to get in for the ride up. On failure it will go to low single figures IMO.

Bottom line; the I3E board have been hyping Liberator for over two years, when I first invested in early 2018 first oil was due in Q2 2019! Safe to say I’m glad I got out before they got near to drilling, far too many broken promises even at that range. Consequently, any cynicism around Serenity is totally justified, we have heard it all before. It’s been downhill all the way since it hit £1.30 on the 30th round licensing awards news in May 2018!

[ihavenoclue] 29/9/2019 08:54

hermanngoring 13 Sep '19 - 12:52 - 11862
7.991
Fair value 7p says broker


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

Do you mean the price for VOG ?

[honestmarty] 29/9/2019 08:52

Tells us about these "conversations "

Do you often hear voices?

So the board are publishing COS 72%, but quietly telling you something else.


Try a little harder mate.

[showmethemoneyhoney01] 29/9/2019 08:14

I think it will. More risks with this drill so I think we will stay around the low 20's area until the results are known. Get this one right and it is game on.

[muddyfox0151] 29/9/2019 08:08

Be quite happy share price stays around low 20s till Serenity results . Wouldn't that be annoying to day traders ....

[honestmarty] 29/9/2019 07:58

So many helpful investors, freely telling us this next drill is doomed.

It restores your faith in your fellow man.

I think they may be telling porkies though as,

The COS is clearly stated at 72%.

You'll run out of money before the approval comes through, they said.

Huge delay before anchor handlers are available, they said.

Autumn storms will hit the rig, they said.

There be huge dragons and scary monsters, they said.

And yet.

Here were are, support vessels in place, starting to mobilise the rig, despite the gloomsters.

I'm still keeping an eye out for dragons though.

[markstevenkirby80] 29/9/2019 06:42

Sick puppie

[shorterofdoom] 29/9/2019 06:27

Tickety tock the clock of doom is ticking. Be on S1 soon then massive placing to pay for A3. Confetti warrants galore. After the duster at S1, the price will be at single figures. Institutions are bailing and there is no appetite for the upcoming wildcats. Bucket shop placing inbound with flippers desperate to get rid of their discount placing stock.

[honestmarty] 28/9/2019 23:46

The BRAGE VIKING is pulling up along side now.

I hope somebody has put the kettle on.

[divmad] 28/9/2019 20:52

Who is this redmirres character on Twitter that seems to know a thing or two about the anchor handlers etc, as well as being down on i3e?

[muddyfox0151] 28/9/2019 20:32

https://youtu.be/mSJL57Gq2OQ

[honestmarty] 28/9/2019 19:51

Nice, capable ships.

[honestmarty] 28/9/2019 19:50

Anchor vessels nearly there.

Fairly calm weather next week.

All looking good.

[underdog1] 28/9/2019 17:07

Third of three ships now also underway (magne viking). Monday morning RNS anyone?