Member Info for brummie32

We might be lucky angs get money back but it's been tied up for 12 months Cp could jhave returned better in California Assett months ago

You got to remember we where at .19 we nothing more than rumour

Your I3 will not be linked to Gwik sp. but they said we should double our money when converted to I3 shares so u will get the equivalent of .010 ish in I3 shares at what ever price they float at I'm guessing but you will still hold the same number of Gwik shares so what ever they come back at is bonus dosh

"Based on the production profiles and development costs derived from i3, and at $50/barrel oil price, the project has a potential pre-tax valuation of cUS$400 million, which would be consistent with established evaluation methods and practices for analogous oil fields in the North Sea."

Oil prices rise on expected drop in U.S. crude inventories Well it's over the 50 dollar mark by 10 percent so we are now share holders in @ 440mill company Sounds good to me

Looks like we may have time now boom They have been doing all that due diligence in the background as they told us by rns Guess that not wasted time now

we have to rto within six months of suspension so not got until march shit or bust before then

the price is irrelevant really its the amount you get* price to work out your profit ie you would be better with 1000000 at .5 than 400000 at 1p there launch price will be dependent on there value and not linked to our current sp

Thank you looks my I3 shares going to be worth a whole lot more when they launch

They put on 75 percent with a 100 barrel a day Assett costing 1 mill What we getting for our mill. Sky's the limit

if you hold 2% of the company (lucky bugger) you will receive 2% of the total number of i3 shares allocated to Gwik if you hold 0.0005% you get 0.0005% the number of shares is dependent on the ipo price if as any people have said they anticipate double money so gwik will receive £2 million of i3 shares so you get double your gwik value in i3 share value and you still holding your original gwik shares as well

Company will convert its loan into i3 shares and will seek to distribute those shares by way of dividend is what it says I read that as they will allocate however many shares they have in i3 to gwik share holders on a pro rata basis in simple terms if there is 1000 gwik shares and 20000 i3 shares you would get 20 i3 shares in addition to your gwik holding , you would then be able to sellyour i3 on the open market for what ever the share price was.. You will still have your original holding in gwik this is where it may get interesting as if no rto these are probably worth very little as company wound up and cash distributed to shareholders may only be 0.01 or less as we will have very little cash. but if as I expect we rto then our shares re list probably at a premium you then sell your original holding hence double bubble may be way off the mark but that's how I see it

On even the most conservative valuation metrics, Glenwick shareholders can now look forward to receiving a material return on their investments into the Company.

we should have 200 gran left to rto into something some distressed asset out there would love a listing and route onto aim and then we get another pay day. im pretty sure AVD not been home doing the ironing this last 3 months double bubble

think the board were pressured into an update gov dosn`t do anything quickly my guess is now early jan the good thing about this rns is that it confirms that i3 have now secured the other 45 mill to list so happy days

half price nomad explain

On such conversion, Glenwick will receive a material uplift relative to the IPO valuation of i3

sting you really not got a clue have you so you think that they will not be giving gwik a handsome discount for being one of the first to invest I am sure they will be getting hefty uplift remember the rns

busy crossing t s and dotting I bloody red tape happy new year

G man the empty shell would be worthless. No way would it be worth a few hundred grand Remember only a couple of months to rto so with out Gwik board and funds would be worthless to any one else