I3 Energy Share Discussion Threads

[markstevenkirby80] 11/8/2020 14:35

Happy days will return

[markstevenkirby80] 11/8/2020 14:27

This is a winner at this price , bring it on

[anley] 11/8/2020 10:07

What a mess for shareholders to understand.

Let the price find is level and then take a long hard look at what is left after the $33m sale.

Someone has mentioned that there will be 800m shares floating around so be careful as these will flood out from time to time as those underwriters cash in for their P/L accounts.

Good luck and also shareholders should not expect a quick windfall from their North Sea asset.

[jungmana] 11/8/2020 09:34

About 600million new shares coming on market 28th August:'Admission will be sought for the enlarged share capital to trade on AIM and admission of the new shares is expected on 28 August 2020'

[tomford8] 11/8/2020 09:21

i3E Company's shares will resume at 09:30am today.


Tuesday 11 August, 2020

i3 Energy PLC

Pub. of Admission Document & Re-Admission to AIM

i3 Energy PLC

11 August 2020

i3 Energy plc


Publication of Admission Document and Re-Admission to trading on AIM

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, confirms that, further to the Company's announcement at 7am this morning, the Admission Document is now published on the Company's website and trading in the Company's shares will resume at 09:30am today.


ENDS

[croasdalelfc] 11/8/2020 09:07

80m new options and 54m warrants - over 800m shares in total - and a drag on the price for years

[robertjt] 11/8/2020 08:07

Are they trading again today?!

[showmethemoneyhoney01] 11/8/2020 07:44

This BoD are not known for their honesty so I wouldn't buy on the strength of that.

[czar] 11/8/2020 07:16

Prior to the end of Q1 2021, the Company anticipates it will begin paying a dividend of between 20 per cent. and 30 per cent. of free cash flow annually, progressively increasing this to 40 per cent. as i3's Canadian business expands

Can someone work this out please, how much will the dividend be?

[stalker_boy] 17/7/2020 15:46

You could be correct. It's about time a new Darling Oil Co was born

[36redhill] 17/7/2020 15:27

The more I read into about this company the more I think these two Charlie's may actually know exactly what they are doing!!

[anley] 08/7/2020 12:42

If it is then watch out as it will be new RRE who will be in charge............

[ziblot] 06/7/2020 19:33

"I am very pleased that the Board of RockRose has recommended our offer for RockRose. We have ambitious growth plans in the UKCS and we believe that RockRose's producing assets, its staff, its commitment to health and safety, the environment and best in class operational procedures, will be an ideal platform from which to grow our presence in the UKCS. I'm extremely pleased that RockRose's senior management team has agreed to join us as they share our vision for future growth."

Must be an offer for Serenity or at least a farm in.

[ziblot] 06/7/2020 16:58

When does the company envisage the shares being brought out of suspension and listed again on AIM & TSX?

If successful, the proposed transactions will result in the resumption of trading between mid-August and late-September.

[highly geared] 06/7/2020 15:23

Any views on timescales for these acquisitions to consummate? 3 months?

[ziblot] 06/7/2020 15:17

Also agree, if Tain connected, OGA have their say.

[5chipper] 06/7/2020 09:32

Agreed could not see rre & i3e tie up happening somehow, and I believe rre had tried to acquire serenity on the cheap but failed.

From then negotiations would have been tricky but now clear to run again.