I3 Energy Share Discussion Threads

[fandagle] 14/9/2021 13:37

Just double checked Tony, your correct its not 120%, its 122% im up, thanks for that.....

[goodday1] 14/9/2021 10:14

It is going to tick up again!

[tonynorstrom1] 14/9/2021 09:56

Kistos may be up 130% - but your not up 130%

Cash in whatever gains you do have while you can - overpriced and over leveraged !

[fandagle] 14/9/2021 09:51

KISTOS down 3%, thats me only up 130% in 6 months, how will I survive ......Isn't it refreshing though to have an honest BOD, rather than one who prances around like a Bombay Money lender........lol

[goodday1] 14/9/2021 09:25

Do we have a leak?Asking for a --------

[goodday1] 14/9/2021 08:54

It did, wowGl all

[goodday1] 14/9/2021 08:52

It will tick up soon.Gl all

[tonynorstrom1] 14/9/2021 08:40

Fandangly will be a little late in this morning lads - he's just finishing counting his money out on Kistos - not a good day for him !

[goodday1] 14/9/2021 08:34

Don't rub it in.People make choices when buying shares & some can not be told.Our interim will tell our balance sheet.Let us consecrate on this big beauty.TaGl all

[jungmana] 14/9/2021 08:22

Todays KISTOS interims just shows how undervalued I3E is when compared. A fair comparison based on productions, assets and debt levels should see us at 40p+ right now imo.

[1choip] 14/9/2021 08:14

need to break 12p to rocket

[tonynorstrom1] 14/9/2021 07:49

Tournesol,

WHI and Eric Nuttall dont agree with you and that near to medium Cash Generation is the best valuation metric for Oil and gas in the curent environment. In fact WHI in their last couple of reports ditched their discounted Cash Flow Model and substituted it with a valuation based on Cash Flow Multiples.

If you scroll down Eric Nuttals recent tweets - he has various graphs showing valuation multiples for 10 -12 Canadian Producers which are probably the most appropriate companies to Compare i3e against.

Also noted someone here using a figure of $5m for G&A - they need to look at the latest Tennyson Broker report for a better figure.

[goodday1] 14/9/2021 07:34

Thank you for that banks.In the meantime, focus on our commodity prices.It is definitely heading north & in a style.The shorter the time between the incoming RNsS the bigger the tighter the spring being coiled.https://oilprice.com/Latest-Energy-News/World-News/OPEC-Raises-Oil-Production-But-Remains-Compliant.htmlI still think September going to be i3e month to move North.Gl all

[banksy] 14/9/2021 07:25

Having viewed the dates for 2018/2019 interims, I see both were released at the end of September, so we might have a few more weeks to wait yet before these reports are known.

[goodday1] 13/9/2021 20:40

Hahahaha What did the plonker say?Hahaha.Filter & Ignore.Why Bank Of America Thinks Oil Prices Are Heading To $100https://oilprice.com/Energy/Oil-Prices/Why-Bank-Of-America-Thinks-Oil-Prices-Are-Heading-To-100.htmlGl all

[goodday1] 13/9/2021 18:58

Closed 0.4 per cent up here & over the pound, no change as yet.It is been held in a range while the MM doing the sell needed & a day nearer while our commodity prices increasing.BoO is about 1 per cent up & Natural Gas is the star & well over 5 per cent up.Facts backed up by referenced sources.https://oilprice.com/Gl all

[fandagle] 13/9/2021 18:28

WOW, you guys need to contact the BOD with these great new ideas and updates, i do believe Magic Magid is running out of ideas, what with the F/O toast and the reticence to publish the financials clearly spooking the market....

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

Spangle ; sorry yes. A bit rushed ( need to get my head around the oil/gas split etc.
Any views appreciated on valuation metrics. HG

[spangle93] 13/9/2021 16:55

HG - how do you get $3/bbl... are you only taking the oil portion of the 2P reserves?

[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