I3 Energy Share Discussion Threads

[brooko19] 22/5/2018 16:07

Fardels every rise in every share is different and we’ll know soon enough but I’ve used JOG example because if we get an extra 22 m barrels of oil it’s pretty similar it’s a bit different to going onto UKOG, ANGS and others where rampers are telling you the same even though the story is completely different...

[cashandcard] 22/5/2018 15:54

Fardels,

Which comment are you referring to?


Cash

[coscos] 22/5/2018 15:50

The key driver here will be funding news which is most probably ready to be announced shortly.

[fardels bear] 22/5/2018 15:46

I wasn't replying to you, cash.

[fardels bear] 22/5/2018 15:45

Yes I've read that exact comment from longs on every oil share I've ever held.It rarely happened.

[cashandcard] 22/5/2018 15:40

It will rise if licenses are won. But the real driver here will be funding agreement. Remember the proactive article, which advfn will not allow me to post here; "i3 Energy could be worth north of $150mln after cash injection"


Cash

[showme01] 22/5/2018 15:25

Once they get the 30th round win and funding in place, watch the institutions start to take positions

[brooko19] 22/5/2018 14:39

I suggest you have a look how much JOG rose last year on the day of their RNS which was adding a minimum 25m barrels of oil pretty similar to our 22m minimum 58p- 315p.....

[kierandoberman] 22/5/2018 14:38

Only 25% ? Surly pi would know funding is in place if awarded what they applied for in the 30th round , it would get priced in on good news tomorrow.

[chopsy] 22/5/2018 14:34

But look at the valuations, much higher. Whatever spurs the progess it is toward fair value.

[ducati2345] 22/5/2018 14:29

You're wrong in my opinion,the winning of license won't propel this 100%. It may knock it up 25% but the real rise will be on RNS on funding which could be another day or another 2 weeks away, rember this hasvrisen from 20p already on news of liberator and 30th round.so a lot of buying already done.

[scotty666] 22/5/2018 14:11

I do like a late rise in the afternoon, especially at my age. Should be a fun day tomorrow - small pot of change handy just in case the unthinkable happens.

My view at this stage would be very surprised to not get the new license area, but still would like it in black and white and clear view on funding that even I can understand.

Sleep well.

[amrishbhim] 22/5/2018 13:59

There plenty of stock available to B/S

[amrishbhim] 22/5/2018 13:52

I can't seeing it going down 50% , a possible 10 to 15% down , there more upside to this than most think, I agree the 100% but we could see a 219% from my understanding

[kierandoberman] 22/5/2018 13:44

It's not going to rise 12% tomorrow, it either going to be 100% up or 50% down!

[croasdalelfc] 22/5/2018 13:18

An afternoon rise into the news

[a2584728] 22/5/2018 12:47

Another 12% tomorrow would be perfect

[coscos] 22/5/2018 11:03

I dare anyone to sell.

[showme01] 22/5/2018 10:58

Check out page 10 of above. Expect to win.....I know they have a good relationship with the OGA from previous businesses. Block is near Liberator. They have put forward a very compelling proposal which is why they expect to win it.

[momentum1] 22/5/2018 10:29

Neil Carsons has been here and done this before. At 29m mcap there is very little downside.

[a2584728] 22/5/2018 10:22

I am starting to add further little chunks as we climb to 100p. From there we could fly as there is no ceiling on SP

[mr. t] 22/5/2018 10:11

If I3e win their 30th round bids, which I believe likely, then I wonder what their rns that must come soon after will contain?I3e could give an update on funding, Liberator plans, 30th round next steps, updated economics. Or they may save all this info for later rns's to gradually build news momentum.Even if i3e is unsuccessful in the 30th round, which I believe unlikely, there's still a bunch of pent up positive news to flow in the coming weeks regarding Liberator plans, funding, economics.

[craffert] 22/5/2018 10:11

yes euclid5 those are the numbers. But those are also really conservative as the NPV used for 11mmbls used low recover rates and low oil prices. The truth is that investors have completely overlooked just how quickly i3e will generate an enormous flood of positive cashflow near term

[euclid5] 22/5/2018 10:06

NPV Values:

11mmbls = $328m

22mmbls for 2nd license round if won = $656m

Total =$984m / £728m x 67% wi = £488m / 37m shs = £13.18p Pre tax NPV

(assuming farm out 33% to cover funding of approx $200m )