I3 Energy Share Discussion Threads

[tnmrl2] 31/10/2019 19:35

You are not speaking the truth.

Facts are, 100 Million RBL for development.

Production of 20000 Barrels of Oil a day. Phase 2 Development paid for by Oil Sales

Possible Farm in or Sale

Serenity joint development partners

These are facts not the miss-information that you spread

[shorterofdoom] 31/10/2019 19:25

Massive discount placing coming. Board are nothing more than pure gamblers. Differing some rig fees until Jan 2020. How do they expect to pay for them haha massive placing

[shorterofdoom] 31/10/2019 19:23

Why don’t you all start an i3 shareholder activist group. Take control to stop the dilution hahaha

[shorterofdoom] 31/10/2019 19:22

The board are a bunch of dreamers. Zero interest from the data room previously because of their rampy maps. They should be used car salesmen, that’s about all they are good for

[divmad] 31/10/2019 19:18

The mood music from Shafiq today and yesterday is very reassuring, based on the new mapping. I got one am fully prepared to stay on board through this next drill at A2, whilst I did de-risk partly before the last S1 result.

[shorterofdoom] 31/10/2019 19:17

All they have done is cobbled another ramp map together to stimulate retail in hope they strike. Bunch of crooks. Could be sub 1p easily by end of December. Zero chance of reserve based lending before end of year. It’s xmas ffs. Massive default coming on junior facility so they will need a massive sweetener to get anywhere with them. Finance houses don’t lend money easily and will go hard on a default.

[zen12] 31/10/2019 19:12

Think regretfully I have to agree! It looks like this is now dependent on the next drill being successful..

[shorterofdoom] 31/10/2019 19:08

You have just been groomed by the board. They are extremely good at grooming mug punters. It was the board who said all along L2 was a given and was always going to be a production well until last minute. You’ve been groomed

[tnmrl2] 31/10/2019 18:49

No, my understanding is the 31st is a critical deadline for the Junior debt holders as part of their contract with I3E but some of then will become part of the RBL but as Majid said today the previous well.their was talk of 90cos banded around which the company did not subscribe too.

Today with all the extra data they have and brought the companies team are much more confident that the well to be Spud next week will be a success and open the doors to RBL.

The results expected first week in December. So on success the 100 Million RBL will be settled.

Next year 20000 barrels of oil a day and phase 2 development funded by oil sales.
Plus Serenity two more wells drilled 2020 plus block development partners and possible firm out to new investors

Yes their are still risks but as he said today they are smaller that before

[divmad] 31/10/2019 18:26

Good post, tnmrl2. Did he field any questions about the tightness of getting an RBL decision by year end, or is this not a critical deadline?

[tnmrl2] 31/10/2019 18:21

I went today to the O&G Conference and i am very happy with my Investment, after watching Chief Executive Officer Majid Shafiq speak.

He presented the facts not fiction and answered all questions in a very confident manner.

Listening today my own view is the share price buy Christmas will be around 80p-100p and in the new year when they announce RBL Finance, new development partner and possible Farm Out, then share price 150-200

These are my views shorterofdoom but in the next few months we shall see who is right.

For transparency i am invested in I3E at 20.50 and want the share price to go up

[shorterofdoom] 31/10/2019 17:56

Slam dunk sell this POS

[shorterofdoom] 31/10/2019 17:32

Clear long term downward trend. No interest in the stock apart from mug punters. Decline will continue day after day

[shorterofdoom] 31/10/2019 16:47

Rampers can’t handle the truth

[shorterofdoom] 31/10/2019 16:40

Terrible decision. One you will love to regret. One that will eat away at you daily as the share price sinks. With each downward move, your wealth is being transferred to me

[loafingchard] 31/10/2019 16:37

Took a few more before the bell . Appears a fair bet at these levels imo ,dyor etc .

[shorterofdoom] 31/10/2019 16:34

What a shambles close. Rampers shoutimg above £1 yet the share price closed down down down

[divmad] 31/10/2019 16:26

I'm not angry, shorter. I'm buying more.

[shorterofdoom] 31/10/2019 16:22

Massive weight on the share price. Next week will be hit very hard

[shorterofdoom] 31/10/2019 16:18

Shareholders getting angry as realisation of riches never materialising is setting in. Ramping hard to try and get a rise so they can sell our. Desperation whilst they are underwater and desperate to get out

[shorterofdoom] 31/10/2019 16:15

Deluded rampers and their tales of riches. Share price overweight with massive downward pressure driving it sub 10p very soon

[mustafa15a] 31/10/2019 15:47

Of course, only idiots like shorter would think this is going down.... They have enough oil and money to double the SP