Member Info for Ecuagold

The dilution of course will be huge, but on the bright side the company should be valued at maybe 10 times the present value. So, not so bad after all.

Am now more excited about gwik than i3. Should in theory be a multiple gain upon re listing.

Oir investment is worth double on listing.

Hope Jan Nelson is not involved!!!!!!! Early guess, but we should re enlist over market cap of at least 5 million. Ha. I'm alright Jack.

Bloody hell!!

You're right. I reckon gwik will rto a little oil company with the understanding i3 will takeover these. A good result all round. And Brummie, do your research and you will realize the material gain should be much more than you think. Seems to me i3 want to grow aggressively adding great value for shareholders. They are coming to the market with rising oil price and a low cost labour/ machinery environment. Really looking forward to March.

Nearly 5 months since suspension. Can't help thinking gwik will have some kind of tie in with i3. An rto and then an absorption with i3?

Still think it will happen. A person of his experience and sidekicks would not have taken over without some kind of long term plan. Just wonder if the board would like to hijack the i3 profits.

Sorry. My question was poorly explained. Just want to work out the percentages. Who owns how much. At present the board of i3 own 100% of i3. But after flotation this will drop sharply. Just trying to work out roughly how much the shareholders of gwik will own.

How will i3 own 100%? Seems to me they are selling most of it to raise the funds for a drilling rig and crew through a share placing.

So on your figures i3 ends up with around 10%. I reckon they will want more.

Looking at the figures being touted, I wondered how much of the company i3 will end up owning after the ipo. Any ideas?

Anybody have anything? If an rto fails then the investments will be worth something.

One big hurdle out of the way

Merry Xmas bud. Exciting times ahead.

Not sure what is worse for the blood pressure. Waiting for gwik to rto or i3It announce ipo

The OPEC deal is great for us.

Should gwik fail in their pursuit of an rto, the company would cease to exist. All monies will be returned to shareholders which is very little.

The money invested in i3 is equivalent to around 0.055p gwik sp. People are saying it will be instantly worth double that. Once i3 floats that could double so my maths tells me we could end up with approx 0.2p equivalent to gwik. The real value is an rto which I think the board will pull it off.

Well written piece show.me. Looking forward to the coming months. I have 6 grand in gwik. Really feel I picked a winner.