Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Good thing I topped up the other day, whilst some were selling in search of pastures green. A bit of a hit and miss doing that, hence adding on dips here..
Our 50k pi seller is at it. Daily ocurrence..
Nice RNS, great proactive management.
Well said older..
Pi/s selling out hence the extended drop, value does not even come to their mind/s..
I've topped up as the underlying fundamentals are strong and will get stronger. Agree with Tony that year end production numbers likely to be closer to 25k. At minimum will be 24k plus. Clearly I3E has transformed into a steady company for the patient investor.
Agree stas, noi is volatile due to op. However it still shows that I3E is fundamentally solid and divis are sustainable etc. I think as long as production continues to grow, rest should take care of itself within reason. Op will in my view grow.reliance on fossil fuel is immense.Due course China will have to open up and will create a macroeconomic demand. I3E is nice place to hold your money and enjoy some decent returns.
Timely delivery of updates would do wonders for the sp as it removes uncertainty and doubt. Will help to keep momentum, which late updates kill.
No RNS true to form..
Must admit, I fell for the bid carp. Same old sh*t on aim. No regs, no trust, just murky waters and greed. Absolute farce by the looks of it.
Looks like he doesnt believe in the company direction. Fall out?
Strong update. Might as well go it alone..Bidders take note: SHG IS NOT GONNA BE CHEAP!!
Agree GGG, equally will represent a good top up opp if it's a miss. Will personally have a fair bit of dry powder at the ready :)) but if production targets are ahead, that should compensate for the lower margins. Am personally thinking this maybe the case.
Info on website and linked in, whilst good needs to be backed up/ reinforced in proactive interviews etc. Also, can the pi who keeps lobbing 50k share sell grenades daily, get on and clear out ASAP ;))))))
Nice one Stas. Think more frequent updates on spuds and impact on boepd might may help too. Will underline "growth". Cloak and dagger not working. Sp is in a tail spin. Once the dud drill news was out, PR should have been ramped up significantly with details of the capital programme in Canada and a nice overall summary on the total wells drilled and spudded during the capital prog and production. Some may argue that info is there in the updates (imo in a limired way) but it gets lost in the mist. Upto BoD to take some action here.
Latest from 8.5 interesting refers to Chaarat!
Volatility being taken advantage of. Shares being accumulated. Surprised to get in this low, given. The scenario. This many suitors will result in a bidding war imo.
"I would rather they pay a sustainable dividend with sensible yearly or twice yearly increases - revenues / FCF allowing rather than throwing money at it in an unsustainable manner for short term gain".
Bang on Tony. But if the decision being discussed by BoD on divi vs buyback. I'm for Divis. However if a strong opp arises, i'll take opp against both of the former. Main things to note is that we are at the infancy stage of our canadian assets. Market is pricing that together with the unknowns of whatever else we have. So we are being marked down imo at present. Which if you hold a long term view, the sp is very good value. Just saw on bloomberg, $100 op expected..
Give me a divi all day long. As long as production targets are met and the capital progs works its way through, we'll defo get increased production and cash build up. The sp disconnect is only short term and alsi reflects that this is not yet a company that has matured into the Canadian assets. It'a still at an early stage and the market will adjust value when I3E demonstrates continuous growth and stability. This is gonna be a slow burner. I would prefer management retain cash for potential targets and not embark on buybacks at this juncture. The double whammy in the NS has dented confidence in managment and the sp has been jolted. Hope Majid learns from this and going into bed with minnows. Let's move on from this.
https://www.sharenet.co.za/views/views-article.php?views-article=991140
Could be a good time to add/hold or buy imo.