I3 Energy Share Discussion Threads

[highly geared] 13/9/2021 16:38

Fair point Tourensol. So to P1+P2 Reserves , which at 133MMBOE , would also appear to significantly undervalue the company , particularly with an oil bias to the reserves. At a stingy $3/BB we're 100% undervalued.

[tournesol] 13/9/2021 16:34

Highly geared

P/E is not a meaningful ratio for an extractive industry. In effect I3E is converting assets in the ground into cash. The appropriate measure of its value is the market value of its assets NOT the amount of cash realised recently.

HTH

[marvelman] 13/9/2021 16:33

A load of institutions simply happy to make a 10% profit on their placing shares...patience has to overcome frustration but easier said than done of course

[highly geared] 13/9/2021 16:23

Based on the 16th August Financial and Operational update, 2022 NOI is forecast at c. $95 Million. Deducting a further c. $5 million for G&A, this provides for operational earnings at around £65 million (using GBP/$ exchange of 1.38).

This provides for a forward PE of <2 !

Am I missing something? On this basis , we're undervalued by a factor of 3-4.

[goodday1] 13/9/2021 10:08

The MM just doing their business.Up down, down-up, sideways.Sell 700K from the orders on their books while waiting for the NEWS.Now we are in the cycle of putting it up.Lol

[highly geared] 13/9/2021 09:18

Patience will be rewarded once the last placing shares are churned through the market.

[pretax2] 13/9/2021 09:15

Oil companies out of favour with the iis. Ergo a good time to buy.

[banksy] 13/9/2021 08:55

I've got to say I'm somewhat surprised the share price hasn't kicked on after the questor tip and how undervalued this company is on any yardstick. I await the interims with some interest to see just where we're at financially and of course ongoing Ops and div news. Think we need a catalyst to push on through this persistent churn which is clearly weighing on the share price!

[goodday1] 13/9/2021 07:51

Oil nearly 1 per cent up in the last 8/9 hours & gas knocking on the 5K dollar again.It is looking very good for our commodities prices.i3e a day nearer to the September RNsS.Onward & upwardhttps://oilprice.com/Gl all & Good Morning

[911999] 10/9/2021 20:25

Will pro ban me lol

[911999] 10/9/2021 20:22

You need a lesson in stocks /shares ...lol

[911999] 10/9/2021 20:20

Lick your wounds..

[muddyfox0151] 10/9/2021 20:16

Looks like trolling forever, he lost all is savings 3 years ago he bought 100p+ so sorry pal , lick your wounds will take a very long time to do so ! Oh dear

[goodday1] 10/9/2021 20:03

Oil is about to break the 73 dollars.See the write-up regarding the oil forecast.Brilliant.

[fandagle] 10/9/2021 19:33

She’s worse than me with regards to I3E! Bought in at 38p prior to Black Friday! Went to get her nails done came back and the share price was 5p! Now she’s a woman scorned!

[36redhill] 10/9/2021 18:26

Isn't your other half invested in this?

[goodday1] 10/9/2021 18:19

Another catalyst.http://uk.investing.com/analysis/chart-of-the-day-crude-oil-poised-for-big-move-200496153Oil prices have been all over the place recently. On Thursday, for example, WTI initially slumped by more than $1 on news China released some of its strategic crude reserves in an unprecedented intervention in the oil market. But then it made back all of those losses as the US reported a record crude production plunge and a sizeable drawdown in gasoline stocks...before turning lower again late in the day.After Thursday's drop, crude oil prices have rebounded in the first half of today's session, along with some of the other risk assets. But as has become a trend for many markets, the second half of today's session could be completely different.

[fandagle] 10/9/2021 17:48

Wouldn't like to be in this over the weekend, what with no news coming other than recycled old news churned through the Rampers willy wonka gallopatagallopata machine, oh and GLA.......

[highly geared] 10/9/2021 12:32

Oops, yes, meant $5million for the 500 Boepd , but could easily be $10 million at $60 average per barrel...

[goodday1] 10/9/2021 11:15

My purchase

[goodday1] 10/9/2021 09:17

FCF on tap & growing i3e to hedge prices again soon.The higher the price of our commodity the higher the hedged price giving bigger FCF the bigger dividend pot.20K BoO production & increasing, looking forward to the new wells to be drilled with our ever-increasing cash reserves.https://oilprice.com/

[goodday1] 10/9/2021 07:48

Dividend RNs will do the business here & very soon.If you are not sure about i3e then wait till all 3 RNs for September land.I am very bullish on i3e.Oil & Gas very much on the up.FCF day by day getting bigger & bigger & still to go much bigger.Gl all.

[wrayrj2017] 09/9/2021 23:19

Highly Geared, I think your revenue estimate for the additional 500 bpd (these are oil primarily) is low by at least a factor of 10.

[highly geared] 09/9/2021 19:49

Relatively small stuff in today’s RNS but adding c. 500 BOEPD is not to be sniffed at. It should add in excess of $500k per annum to revenue with minimal Capex and ongoing Opex. Developing lots of guaranteed of low impact wells for minimal expenditure is a good way to go with energy prices elevated as the ESG movement reverses oil development and squeezes conventional energy costs higher.

Meanwhile , China expands its EV programme, powered by coal!

[pretax2] 09/9/2021 17:29

I3E. BP

I suppose they look similar.