Member Info for isdeer

Independently confirmed makes a huge difference IMO.
Great assets and very cheap at current sp.

2 guys being paid millions, it’s no wonder the cash is evaporating, what are they doing to siphon off this amount of cash from a company valued at c£5m and losing value month on month.
Why would anyone invest here when the next RNS will be about paying their wages with a fund raise.

Non compliant,
Good link from Tony mid Feb. https://www.youtube.com/watch?v=sgOEGKDVvsg
In regard to cars, car batteries and the mining of materials to meet future requirements.

The sp has dropped, the share numbers are the same and the divi has increased, what’s not to like. Just relax, it’s a shake down, loose holders will sell and the smart money will return.
Buy more if you can before someone comes along and buys the lot.

I use a cheap iPad, get a used one on eBay for c£100, instead of google you could download DuckDuckGo and use that as search engine, I also use NordVPN to encrypt data over internet.

Tony,

Good video, plenty to think about on the investment front, oil and gas will still be required for many decades to come, feeding the transport industry with battery metals to sustain growth will require governments to facilitate, whatever happens energy consumption to prise these metals from an ever depleting resource will need to massively increase, its a double edged sword, the world is screwed either way, the margins are so fine.
I suppose investing in miners is one conclusion, picking the right one is the hard part.
Anyone with suggestions on best pick with divi.

When were EOG in receipt of the £2m from the escrow account?, must have missed it.
Can’t recall them specifically announcing its return into their coffers.

Looks to be moving up, maybe good news on the way or wishful thinking

Oil prices are rising, all my oil stocks are either up or even today, why the negativity?.
Even when we have a great divi, you always get the doom mongers, it won’t last, yes we know that but we have only had this level of divi for a couple of months and companies look years ahead, not short term like many here.
It may even go back to 10p……….bull…..sh..it.

Hotchip,

Best sometimes just to say nothing.
Negatively speculating on a falling price in the hope of bringing it down further isn’t a good look.

If 300bopd is worth a 11m mcap 500boepd must be worth another 4m plus on the mcap.
EOG has to be worth a minimum of 1.5p as it seems Ireland isn’t priced in yet.
That would only push EOG up to the current EDR price, buyers must think their oil must be the more expensive sweeter oil, either that or EOG is cheap at this price.

The waiting game for this year is Q4 2023, the Board forecasts group production net to Europa of over 500 boepd. Never mind Ireland, I’m happy to keep buying at these levels.
Not so long ago we were talking about wressle delivering 500bopd in total between the 3 partners and everyone was delighted with that.
At 11m mcap it’s way under priced, just wait and be rewarded imo.

Copper,
Agreed cost will rise as cash is depleted through capital expenditure, with tax incentives.
In the short term Wressle etc will still be delivering 300bopd, with an update on gas to follow.

Cash will exceed mcap soon enough with lots in the pipeline to follow.
Maybe even bought out as others come to realise its full potential.
it’s a no brainier hold and buy at this level imo.

At 20p for instance you would be looking at 10.26% divi, when does I3e start to look ridiculously under priced if it goes back to these levels.

Divi at 21.9 to buy, time of writing is currently 9.37%, what’s not to like.
Apart from having cash tied up and not being able to buy, it’s a dilemma, when you both want to see the price higher along with an improving divi when you buy.
Maybe someone can show me those shares with all the positives of I3e that can deliver this percentage for a divi.

Tony,
Im not looking to sell, I don’t care, anywhere circa 20p is good enough for me, even better at this lowly price for majors looking to expand their portfolio or new buyers looking for a great company to buy into. The divi is superb for old and would be investors while the money keeps rolling in.
I like many see the price as an opportunity to accumulate, true value will eventually come.
Even at 24p we would still be sitting on an 8.5% divi, what’s not to like IMO.

I’m only interested in buying/accumulating I3 shares, needs to be c35p for me to bite.
I would rather buy at a lower price, so thanks again to those who sold.
Where else can you get c9% on your money.
When you are not interested in selling like me, the price only matters when you can buy more at a cheaper price as long as the fundamentals don’t change there is no reason to sell imo.

I’ve seen the gold stolen from a mine before, look no further than this Lemon in Colombia.
Those with shares in RRR a few years ago should recall.
Nowadays they don’t bother stealing the gold, they just take the cash direct from the shares you buy in RRR, aptly named the right ruddy ripoff merchants.

DM,
It’s a monthly divi, we have to presume on the basis of probability it will continue and may even rise, the sp also looks cheap. The divi at present is very good, let’s stick with what we know, given inflation is running at over 10% in the UK, I don’t see the advantage of staying in cash.