Member Info for Jungmana

WH Ireland value the Canadian acquisitions at 17.7p. The deal signed with Dolphin in March for the UK North sea drilling values the assets at about 14p.
17.7p + 14p = 31.7p.
That's a good guide on value here as we stand today.

Based on this deal drilling deal signed with Dolphin in March, our north sea assets were valued at $144 million;
"In concert with the above mentioned drilling contract, i3 has agreed that Dolphin will earn up to a 10% economic interest (the "Dolphin Interest") in Block 13/23c via a Net Revenue Sharing Agreement (the "NRSA") in exchange for Dolphin forgoing its Profit Margin above its Opex, up to a maximum amount of US$14.4 million"

And add the north sea assets on top of that 17.7p and you should get at least 25p total conservative value for i3e today.
Onwards and upwards.

5.70p was the last buy price after close. Could see 7p+ tomorrow.
Too cheap under 10p from today

Yes Gain acquisition completes today and toscana on the 30th September. Should be interesting tomorrow
Happy days :-)

Toscana acquisition completes on 30th September.
Gain acquisition is effective from 1st May

Cash balance as we stand this month ;
79.8 - ( 15 +8) = 56.8m

Tiler, Don't forget PTAL have total debts of about $40m too.

Well time will tell. Despite all the covid pandemic see the value of similar oil companies.
About profitability they already gave you the production costs in the presentation and got all the information required.
This will imo will at least double from here in September.

There is so much value in this down at 6p (GBP 40m market cap after the placing) that the price may never drop to the placing price. Seen it in companies like xsg and Tom recently where many thought the placing price may be visited but in fact never did and within a few days both more than doubled.
Most of the shars have gone to long term holders who are unlikely to sell for 10% or 20% profit.

Yes it is my opinion that the effectiveness is what they are looking at deeper with the extended trial. They know the drug works and has almost no side effects.
Not long to wait now.

Beyond the fundamental safety and tolerability endpoints for the trial, the study is providing accurate pharmacokinetic information about the uptake, distribution, metabolism and elimination of the compound in humans. As such, VAL201 continues to address its endpoints in its first-in-human study.

-- A late-stage study designed to determine the overall effectiveness of VAL201 and the most effective therapeutic strategies for its use in disease management, is now possible. This late-stage study will be designed and set up, in parallel to the conclusion of the current early-stage Phase I/IIa trial.

VAL201 has been developed in collaboration with Cancer Research (CRUK) and is a decapeptide with potential in treating hormone-dependent and hormone-independent prostate cancer, currently a poorly served multi-billion dollar commercial market.

I expect Tom to trade comfortably above 1p by midweek.
A strong buy .

I am a long time holder here who needs about 24p to recover my money. Been through all the ups and downs here over the last 2 years but finally believe that I have a good chance of getting my money back within 12 months from now.
I do agree that this will drop into the 5's next week but how long will stay there when the new shares are placed on 28th August is anyone's guess. My instincts tell me a week or 2 as most of the shares are subscribed by long term institutions and private investors. Most importantly after the Gain and toscana acquisitions i3e must be the cheapest oil producer on the market at 5p with about 700m shares in issue and about 80m options and warrants outstanding.
There is also a lot of investors waiting for opportunities to buy nearer 5p and i will not be surprised to see 10p+ in September.

That 1.9m caused the sharp drop in last half hour of trading. Let's see what what tomorrow brings.
4 days of rise followed by a day of pullback but the trend remains up.

The uber of in-game advertising. Don't be surprised to see 30p again this year as the tech has gained ground, big advertisers on board and an excellent team put together.
Could be a billion dollar company in 2/3 years

Blocklising application for the 9m warrants so that they can be issued when the conditions are met.
Also a update included. VAL201 results still on track for september imo.
Onwards and upwards.

40p before the trial results. Then good news on VAL201 results and we will see 100p+ here sharpish. That's just GBP 63m ( at 100p) market cap fully diluted.
"The results appear, in advance of full analysis, to indicate that the VAL201 compound has a clear impact on patients with prostate cancer, as measured by PSA - evidence that is supported from tumour imaging (MRI and CT) in subjects. The compound has also shown it is very safe and has a high degree of tolerability, up to a dose that is in excess of the predicted dose and any practical therapeutic concentration."

I hold about 180k shares at about 9p average. Not making same mistake again :-)

I sold my 8ks investment into SNG in march at 100% profit thinking I made good money. If I had held that 8k would be worth about 160k today.
Been kicking myself for the last last 4 weeks.