Member Info for Danger_Mouse

Looks like G_G_G was spot on! Saudi Arabia Denies Output Hike Rumors:
https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Reverse-Course-After-Saudi-Arabia-Denies-Output-Hike-Rumors.html

Is the gas also hedged? or where can find the hedging? Oil has recovered in US trading and gas around the world is going up.

OPEC hike from here:
https://oilprice.com/Energy/Energy-General/Oil-Prices-Plunge-As-OPEC-Considers-Production-Hike.html

It's getting cold! This is welcomed as Covid cases in China get worse sending the oil price down globally. China will need to unlock some day, but not this year. Hopefully, OPEC should be able to manage this.

The net-zero target for I3E is 2050. That's not compatible with 2030 view seen by the majority.

Could remain seriously underpriced but if we take a look at the GROW recovery then surly this has to go up to GROW or GROW has to come down to CHRY!

Tony, I think it's about context. if you are close to retirement or in retirement then absolutely I3E want to accelerate the revenue and dividend against the backdrop of uncertainty around lower economic growth. Even younger investors want to see more revenue. If then you look at the likes of BP and Shell there is a massive focus on renewables. especially as we go beyond 2030. The money spent on Serenity could also have been spent on a windfarm that granted want even pay back the salary of the BOD but a step forward to bring forward I3E's own target of net zero.

So many people on the short side here are posting. Nothing that generates cash is worthless. Stocks swing from overbought to oversold. This is one of them. I will be continuing to increase by 2% allocation daily in the weeks ahead.

Tricky technicals. The RSI look to cross to the downside but the last time it did this we had a 15% jump as the buyer came in. The share price is back down to the level at which the buyer bought. This is also a Fibonacci point. I would guess this is a strong technical point to add more.... but Oil fell sharply for not much of a reason yet BP and Shell on NYSE remained solid.

I am a new investor here with a wide view of the market. While it is great that I3E oil was increased as a percentage near term, I am thinking I3E need to focus on gas that is an Energy Transition fuel. Gas is seen as most viable for the Transition away from dirty coal and gas. This would attract more investment interest that would align with growth plans. I really like the way Kistos PLC position itself but I3E could go even further with the free cash flow in the years to come.

In hindsight, I wished I was there on Friday to express this view.

How much do you all think an asset like Serenity would sell for? Peanuts I presume but save us money in the long run. I can see why Majid liked it with a company whos E/V is so low Serenity would be a big bang rocket up the bottom of the share price by attracting new investors and could be developed and funded by Canada. Let's hope one the others like SQZ, HBR, PMO who are (or will be) cash-rich buy this to reduce the WFT and the pressure to do this sooner before the super deduction runs out ahead of the WFT. I will judge Majid on this :-)

On Wednesday the 0.786 Fibonacci was hit and bounced off it.

Will double up if the point fails to the next point.

Deep-value stocks like HBR tend to follow longer-term prices than daily price fluctuations. Oil is down massively today, and probably up massively on Monday.

Looks to me like a sell order that's now cleared.

Great to see some chunky trades coming in with some upward movement. I agree £3 appear to be a fantasy from here but I once bought SQZ at 3.6p and sold at 3.7p and it went on 300p+ . An investment needs to tick every box as stuff hits the fan and HZM does that. A ban on Russia and a need for energy transition is a bonus on top of the ticks... large scale, low cost, safe location, fully funded etc...

Once all the net selling is done we can move up sharply.

Great article posted earlier helps. I am 2% HBR and drip feed daily.
https://www.gurufocus.com/news/1895703/a-safe-harbor-in-energy

Gree with you but a sale of these assets given (for others) the short period of the super deduction is some value.

Gusto1 hopefully we will get those NS investors. But equally, there is no such thing as a bad or good investment... it's just the price you pay. You wait for net sellers to exit. Sometimes you wait hours on say Lizz Truss crashing LGEN or sometimes you wait many months before buying. I am -8% down on HBR but it makes up 2% of my portfolio vs 20% in I3E that I've been dripping in. Also bought JSE at 71p. LGEN at 220p etc...

I was expecting more profit-taking. I am impressed by the effectiveness of the buybacks and while share price may slide after I post this, if it does the SP simply recovers again because of the buybacks. Good spread management by the MM to facilitate this too.

I am not a holder of Ithica here. But there is no such thing as a no-brainer short. Especially today when the NS get certainty. Could get a nice upward move followed by a down to a new lower oversold price.... you never know.