Member Info for isdeer

My I3e shares were bought via IG markets, they have zero options to reinvest dividends. I just looked on a thread, a user had asked back in 2019 if DRIP was going to be introduced, other users followed up, seems IG are not interested in providing this facility.
I’m looking to move my portfolio to another broker, anyone have any insights into who they use and who they think are the best providers in the market.

Fairedealer,

I’m of the opinion it will take a long period for the west to recover from the gas and oil shortages caused by this war, the logistics alone will delay any new/old suppliers to the market.
While OPEC will gladly increase supply, it will also increase its prices as per the law of supply and demand.

We will all know over the coming months, I’m betting on higher prices, others like yourself have a different opinion, let’s just leave it at that.

Fair dealer,
I take it you are completely unaware of the close links between Russia and Iraq after the west bombed and flattened Baghdad and reduced it to nothing more than rubble.
Or even the expertise along with billions of dollars the Russians have provided the Iraq oil industry after the major western oil companies moved out.
Supply and demand indeed, Putin didn’t start this war without knowing who his friends and allies are.

I’ve been to Perth twice loved Australia, they drive same side as us.
Big wide empty roads with no pot holes.

Oil prices may come down slightly, but the trajectory is up, there is a huge gap to fill that won’t be met in the near term, we won’t be buying gas or oil from Russia in the future, Putin has put paid to that.
Even if this war finished today, over the long term countries will be looking at more stable environments for their energy needs.

EDR AND EOG usually around same price, if serenity fails, EOG will dip, however I would look for it to drop no less than 1.5p and recover to circa 2p, those that bought in at 1.8p have a free shot at this IMO.

EOG has good licences, no debt and a nice earner in wressle field onshore UK.

I’ve been in a few companies where you kind of guess when there is a good or bad RNS due based on price movement. I’m impressed with this one, they seem to have had a tight grip on the release of this news, which is great for ordinary shareholders.

It’s not as if I3e are idle is it, we have lots of drills happening this year.
Plenty to look forward to as well as current satisfaction in production performance now.
This is a lth for me, you don’t get companies like this coming along very often, when you do it’s best to hold tight.

back in the green bin, didn't take long.

Persimmon, expects drilling at WN to begin no earlier than 2024.
Yet he like many other doomsayers likes to comment about the high costs at WN.
If he is correct then he’s also saying UJO at circa $1m earnings from wressle every 5 weeks can’t afford 1/6ths the cost of future drills at WN up to 2 years from now, when within that timeframe and going by current production figures UJO will have earned in excess of $20m from Wressle with no debt and £6m already banked.

I would like to see a dividend something like an automatic share buy back plan, but also pledged, where you can only sell those shares within a specific time frame.

This could be implemented alongside a company share buy back scheme on a 1 for 1 basis to be completed over a specified time frame.

That would mean no new shares are released to pay the dividend.

Vernetles, I’ve no idea personally.
Remember we have 2 reservoirs as the Ashover Grit also extends to Broughton North.

Bill,
Thats an excellent WN RNS from Reabold, thanks for the reminder of what we have here.

The report will also encompass Broughton North which is over 2km away from wressle.
It shouldn’t be stressed enough how large the area Wressle/Broughton north license may cover with UJO holding 40% of the asset.

Upping the stake is doubtful given the costs involved, 25% is more than enough.

No, they already have enough plates to juggle.

Just let it go, It wasn’t and isn’t in a similar cash position as UJO.

Wressle is still miles away from full filling its true potential.
The management must be delighted in the $1m net it’s already delivering every 5 weeks, anyone down playing this current update isn’t a shareholder.

EOG all going well may 4 x bag within the week, the issue they have is cash and seeing serenity through to production.

It’s a good gamble, timed well and sold before they put the call out for a cash raise.

A bad result will see EOG’s SP pull back to around half EDR mcap.
My guess it should settle around 1.2 - 1.5p, as they still have wressle production as fall back.

I bought EOG a while back at 1.4p, I sold down 80%, I bought in here recently ave 19.97p.
I have a stake in both, but may top up in EOG if it drops back to the placing price of 1.8p
Let’s hope serenity is a success as both partners will do well.