I3 Energy Share Discussion Threads

[shorterofdoom] 14/10/2019 10:53

Lovely lovely i3 all time lows for this POS. Everyone bailing before S1 duster RNS and massive placing. No doubt placees will be forward selling to get out with some profit. 10p inbound very very soon. Millions of pounds needed to fund A3 well and keep the lights on. I3 burning cash at an immense rate. Out of cash at the end of S1 ouch ouch POS will be kicked off AIM soon enough one it can’t tap bucket shops for money.

[begorrah88] 14/10/2019 10:29

Yeah, that'll be it, those pesky pi's and there huge volumes that they've all been waiting to take big losses on.I3e may have a few questions to answer if we get news of a dry drill head in the next few days!Something has spooked those'pi's'!

[mustafa15a] 14/10/2019 10:29

The way I see it, is the MM clearing all the idiots with their stop loss!!

[jungmana] 14/10/2019 10:22

Or nervous pi's as we get close to results

[jungmana] 14/10/2019 10:21

I think Lombard still selling?

[norsewebster] 14/10/2019 10:09

It's my only oil share. And I have not got a mass amount in here compared to other portfolio. I'm in at 22p so not that much down, and worth a risk play and a bit of excitement.

[muddyfox0151] 14/10/2019 10:06

Very few investors in profit here ...

[russiaguru] 14/10/2019 10:03

norse - in some ways thats like flushing bills down the toilet

[norsewebster] 14/10/2019 10:00

Turn computer off for 3 weeks I think here till result. Only thing I'm Interesed in. MMs playing games

[russiaguru] 14/10/2019 09:52

they dont need serenity news, they just need to confirm the 3rd drill and results from the additional analysis.

At the moment everything apart from S1 has an additional question mark against it

[muddyfox0151] 14/10/2019 09:50

What does it matter share price now , need serenity result ....

[bigsi2] 14/10/2019 09:48

Bad result ??

[russiaguru] 14/10/2019 09:41

i get the feeling, down in the data room they are saying 'WTF' after buying the new 3d data.

Bit like spotting statues on mars.

[shorterofdoom] 14/10/2019 09:40

Sub 20p now for this dog of a stock. 10p next stop.

[shorterofdoom] 14/10/2019 08:49

Read the history moron. L2 was always planned to be a production well, it�s in all the RNS up until the middle of this year when it changed.

Meanwhile the endless suffering for shareholders continues with the decimation of the share price. Sub 10p soon enough

[begorrah88] 14/10/2019 08:46

I see those pesky 'pi's' are still queuing up to dump round shape investments at a loss.As we know if it wasn't different 'pi's' patiently waiting in turn to realise a loss but some sort of institutional short then they would have informed the market of that wouldn't they? What with AIM being a tight ship 'n all.And of course the i3e nomad would have asked questions wouldn't they? Just so that they could be aware of whether they and their shareholders were being zoomed.

[mcbridec80] 14/10/2019 07:52

L2 was was never a production well! It was always going to be plugged and abandoned

[tonynorstrom1] 14/10/2019 07:37

If they do strike oil in commercial volumes on this drill - this would unlock the Senior debt - why would there be an additional placing?

[shorterofdoom] 14/10/2019 07:16

That depends on many factors but an oil strike is highly unlikely. Whatever the occurrence there will be a massive placing suppressing any rise, coupled with current institutions continuing to bail. The board have well over egged everything. They have applied their analysis across all 3 wells. If they can’t hit a dead cert with L2 which was always planned as a production well until they couldn’t get funding for a production well or FDP and had to change it to pilot and pretend to say it was to optimise locations. That was utter tosh. For years the board have spouted L2 as a producer but they failed to raise sufficient funds to satisfy FDP. It’s obvious all the industrial partners who went through the data room did not concur with I3’s evaluation and did not see any of it as being commercial, just like Dana.

[tonynorstrom1] 14/10/2019 06:58

Shortyofdoom,

Hypothetical question because it’s clear you don’t rate I3E - but let’s assume they do strike oil with this drill and prove up 70m bbl - where do you think the share price will go to?

[shorterofdoom] 14/10/2019 05:59

Last drill didn’t take 3 weeks, it took longer. One TD has been reached, that’s not the end. They have to run tests and complete the well. It’s all included in the cash burning programme. Looking forward to a bit of a rampy map for A3 for institutions to sell hard in to with no upward gain to the share price immediately followed by a massive discount placing to fund fat cat salaries and A3 well. It’s inevitable they will place very very soon

[fardels bear] 13/10/2019 23:02

These guys are high rollers. You'd drill a wildcat S-1 before appraising a discovery well?Why on earth would you do that?