Member Info for jollygoodya

Expecting volatility now..IIs will create sp fluctuations at orders are filled at more accomodating prices ..

Agree JAdam, time to sit back and let it unfold. Any real weakness and I will add more. This will continue to grow imo.

Agree Nomadic, should also attract dividend/income seeking investors. Like you said I3E offers the best of both growth and income. Ideal investment, I think.

Market cap according to lse hit £100m.... green light to attract higher level iis.. looking strong here.

I3E is now on a much more sure footing, with productuon increasing, commanding decent commodity prices. With higher visibility to cost effectively ramp production and the team on the look out for more deals. Cashflow generation is strong. Dividend are looking very sustainable. No wonder we have block buys kicking in :) Let's look forward and not dwell. This is a different kettle of fish now. Trajectory is strongly upwards.

say it but this starting to remind of SQZ early doors..albeit different assets..however Serenity deal will make this bad boy look even cheaper..still an absolute bargain in view of what's coming imo.

Brilliant news, divis are basically confirmed. More production being bolted on at a very cost efficient acquistion rate. Further workovers planned.
Strategy being executed as advertised.
Well done I3E.

Majid quote:
"We are very pleased with the initial production performance of the Noel well, which has exceeded expectations, will contribute to year-end reserves additions and has de-risked similar offsetting drilling locations. Operations in Marten Hills have proceeded exceptionally well and we look forward to bringing these wells onto production in late July."

Note: " has de-risked similar off setting drilling locations".
This from normally conservative Majid!

I think I3E itself continues to be de-risked as an investment.
An absolute blinder!!

30% higher than expected production- Noel...

Let's see what we dredge up. Shake down to fill into close, I suspect!

Posted earlier but well worth listening to again and again. This guy is really excited and he's a pro!

https://youtu.be/cvWPunRyyhI

Major discovery on horizon :())))

Good stuff, buzz all around this. Lets nail 30p today..

Agree BB et al looks like base camp should be at 30p for now imo. Remember we've got 3 pre-defined overriding targets atm. Last RNS also stated that additional zones will be looked at. This could be a mammoth discovery.

£100k buy straight off the bat this morning. Not your regular pi buy..

today. Demand looks strong. Buys peppering 25p.

Per last RNS 400M wireline logging target:

Drilling will continue to the Base of the Lake Bed Formation, anticipated to be at 400 metres. At this point the Company will then commence wireline logging to gain additional information on the formation reservoir characteristics and identify any potential pay zones. After logging the Lake Bed Formation, this section of the hole will be cased and drilling will continue to Basement.

Expecting a lot of interest and peeps to keep piling in.. A strong show will sky rocket this..intial gas shows at 20m were a good indicator of the drill being in the right location..

to come here. Lower down the drill bit gets the greater the concentration of helium.
The shallow depth shows of Helium bodes extremely well for what lies underneath. Helium is not any easy gas to hold down. The natural mud barrier does a decent job but not a perfect one. Hence drilling has to be tight and skilled to mnimise escape loss. Had this at HNR now known as Zoe...The great thing here is three planned targets and skilled operations. Imo will continue to rise in anticipation. Being a scarce gas, a decent find and this could be off the scales.

If this holds 23p today, it's in break out mode imo. Glad I bought in sub 20p.

Yes agree BB2, that was what led to my exit and sitting on the sidelines. However today's confirmation of the expected, sets a new base point and I'm very comfortable to be in. I particulary like the fact we could have enormouse upside on Aussie helium and hydrogen (the new oil) prospect. So a possible mix of the old and new fuel is quite attractive to me.