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Yes equivalent to what I have invested. atb
I guess I misunderstood this line in your post .... "I have nearly 35m of these and if it gets to 1p ( which I think it will once producing) that is £350k."
I have not said anywhere that I expect one i3 share for one Gwik share, I would be a multi-millionaire if that was to happen. Currently the suspended sp is 0.06p. I expect the 'pro-rata' sp value for what we hold now to be around 0.1p with a 50% discount when we re-list so approx. 0.15p. I also expect it to reach 0.2 / 0.25 within a few days / week or so once fund raising for the $45m to fund the well starts. Probably a bit higher but if I settle for a conservative sp of 0.25p I will be managing my expectations. Then if on producing 6000 - 8000 bopd as expected from Liberator Field Well in the N Sea the MarCap goes to $400m as stated in RNS I would assume a minimum 4 x multi- bag of 0.25p to get to 1p. It may well go to 1.5p and that would only be 6 bagger. My assumptions are based on the fund raise of $45m turning i3 into a half billion dollar company or as near as. i3 RNS quoted $400m on just $50 a barrel. Simpler way of putting it is whatever value you hold now in £ sterling will be multi bagged come end of summer / oil production. That's all I am saying guys. atb
Hi Miker .... with ref to your post about your holding in GWIK, it looks are you expecting one i3 share for each GWIK share you have .... is that likely? .... not seen any info re that but I have asked on here but nobody replied ... what's your thoughts on allocation? .... cheers in advance.
Royoboy, so asking a question is trying to be funny is it ? And asking a fellow investor to not help is not? I think you've got your morals wrong pal . Thanks to these boards and to the many posters with useful information some of us who are less experienced at this (none of us are born investors ) gain experience. So if you don't like seeing questions being asked why don't you just ignore and move on ito post you do like.
Hi royoboy, fully aware mate just playing along, I look at posters previous post history and do my own assessing of them although some do get confused as to why they are 'invested' and the reasons lol All that matters to me is that I have nearly 35m of these and if it gets to 1p ( which I think it will once producing) that is £350k. That's i3 of course, then there is Cora which I will let run and is a slower burner than i3, be happy to get my investment money back so win / win. Point is I will have the last laugh, hopefully :¬). atb
It will stay the same as it is now with whoever your broker / nominee account is with, I am assuming Halifax. They will do all the necessary work, however, as others have stated may be a little bit different if held in an ISA which I do not so cannot comment on that situation although jonbudzynski has a good post further down titled ISA people and will keep people updated. atb
Want to wrap something up. Will my i3 shares go straight to my halifax trading account?
We will have shares in both i3 and Cora but they are totally not connected, 2 completely separate companies. RNS explains it in some detail atb
we will only have shares in i3
Are we going to be called i3 or cora gold ?i have been following this bb but still cant work it all out . Thanks
GWIK website.
is already answered but how do we get RNS updates if no longer listed? Will they still appear here?
Hi all, I phoned Barclays this morning and the adviser said the GWIK stock will stay in the ISA but will just be listed at nil value. I'll keep an eye on it and will happily relay any other info i get to save everyone doing the same. I know this information goes against what others have said and thus I do understand even people who work for with a bank or stockbroker might not know the ins and outs of this sort of thing so don't quote me on this ;). It would be nice if this is true and it all stays within the ISA wrapper. All the best.
Why is it rubbish? Glenwick are not trading anymore and may not come back for 3 months. I3 will have its own BB. LSE normally very quick to close boards down.
Many thanks and good luck
I think original timing was i3e ipo Q4 2016 and production H2 2017 so a little behind schedule at the moment but I'm quite happy.
My IG account is showing latest share price at 999999.00 ! Did try to sell but won't let me...shame :)
Infapound morning mate, Amanda states in the RNS that Cora Gold IPO should take place Q2 2017 so that is the months of Apr, May & Jun. Not too long to wait just could be 4 weeks or could be 12 weeks from now. As for i3 IPO I would expect a similar timeframe for it to re-list as once it does we then will have a fund raising exercise to finance the production phase of re-opening the Liberator Field Well. They were hoping to have oil out by the summer but that may be a little optimistic unless it re-lists in the next month or so. atb
I expect this BB will shut down within a week.
My holding in GWIK is now showing as zero which has dented my PF value by 20%!! I am aware this will all come good and look forward to my holdings in i3 and Cora bearing fruit. Probs an impossible question but will we see these deals happening this year? GLA genuine Hold - lol😂
Morning fellow investor, Google has been updated to show zero as the company delist today, hopefully we get an update this week on how the share transfer will work into i3.
this bb stays active as we will be back soon.
this bb stays active as we will be back soon.
Oh well this is it. We are no more, deceased & gone to a oilly heaven been reborn as i3 with some cora gold fringes. Luckily missed the first ipo that went t!ts up as I traded out at the last minute. With i3 I'll be looking to hold but any massive spikes do need trading so long as you go back in after a retrace. I'll have to do more research on coral. Anyway good luck to all. I'll be checking prs.& i3 when they list then there's cora atb