Member Info for Kaneonaim

I think it’s best you accept the loss here and move on sounds like nothing will make you happy take it on the chin and move on probably best for you!
Or take advantage of the lower price!!
Imo

Fx reread the Allenby report

Initiation of the feasibility studies on NXP002 in Q2 2021

In the expected news flow section

Imo the institutional holders already know the contents hence the selling this past month! Wouldn’t be the first time

Bank holiday on Monday

They must have meant!! Joke of a bod it’s now end of April and nothing

They haven’t learnt anything from their past actions even Canadians starting to catch on!!!

The irony of your post lol!!

“ Haha you not seen twitter or the telegram group you wally! Do one!”

https://twitter.com/AshfordPlumber/status/1386598764908060674

It’s a good job we live in the uk and not North Korea which means we’re entitled to freedom of speech!!!

The nfx share price is cheap compared to previous years highs the question the investor has to ask is “is it cheap compared to next year’s price” that’s the risk we the investors have to take!! Imo it is

GLA

Appreciate that Tony,
Fingers crossed for a positive update early next week!

The Company continuously evaluates opportunities to strengthen its balance sheet whilst maintaining tight control of its costs and working capital position.

Maintaining such tight control they still can’t issue figures for long term shareholders??

Kind of contradicts their own comments

From

UNAUDITED CONSOLIDATED INTERIM FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2020

The Company’s focus for the remainder of 2020 will be on 3 key areas:
1 The conclusion of the Toscana transaction and the integration of the Company’s UK and Canadian businesses
2 Further expansion of its Canadian production business
3 The farmout of i3’s UK licences to conduct further appraisal drilling at Serenity and/or
Liberator
The Company continuously evaluates opportunities to strengthen its balance sheet whilst maintaining tight control of its costs and working capital position.

Don’t think they managed to achieve any of this? I’ll give them the additional 500 from Noel but that’s not added into figures until July

Since not achieving any of their self imposed targets they still issued themselves options for next to nothing!! Suppose they achieved something for themselves

Lol!! You still not sold your 25 shares you bought on 212 yet?

No disrespect to “Clair smith” but you are funny!!!

clairesmith
Posted in: IQAI
Posts: 1,019
Price: 8.25
No Opinion
RE: RNS Gad free TB quote28 Jan 2021 08:09
Pointless RNS. Such a basic update.

When you get patent and FDA clearance then let us know.

Until then NOk, BB, AMC, GME only

They all ended up doing well didn’t they!! Lol!! I wonder what her average is

Readicant Bertie drax howldep plus many more have all been here a lot longer and added more positive information over time and probably hold an average below 7p for it!!

The fact she’s also spitting her dummy out the pram shows how bad a trader she is !! Short term trade now turned into a 8 month investment (long term hold lol probably 60+% down lol) now needs her money back for the electric bill lol!!!

Just to p155 you off even more my portfolio is already 1421.5% up this year and it’s only last week of April lol!!!! @spurs90 on twitter lol!!!!

Agree they should have said by end of April not in second half as that implies it will be earlier as in this week which has not happened a bit like the q1 dividend

Tamarack’s Clearwater Assets
400+ identified locations in the Greater Nipisi area and 100+ identified locations in the Jarvie area

Greater Nipisi
• 103,110 gross (102,710 net) acres of Clearwater lands
• >380 identified drilling locations(1) for development
• Significant amount of land prospective for exploration
• Current production of >4,000 boe/d(2) and estimated 2021 exit of 5,000 boe/d (3)
• Estimated 2021 field operating netback(4) of $44.61 per boe
• 16 wells drilled since acquiring its initial position in December 2020
• Average per well capital cost of $1.06 million
• 15-24 well is outperforming tier 1 type curve, peak IP30 of 285 bbl/d
• 14-26 well (Woodcote Petroleum Acq.) producing ~240 bbl/d (30 days of production) with peaks >300bbl/d
• 5-13 West Marten (Tetris) well outperforming tier 3 type curve, peak IP30 of 118bbl/d
• Waterflood pilot planned for Q4 2021
Greater Jarvie
• 51,200 gross (31,233 net) acres of Clearwater lands
• 110 identified drilling locations(1) for development
• Significant amount of land prospective for exploration
• 21 wells drilled by third party operators on offsetting lands since the start of 2020
• Median peak oil rate of ~115 bbl/d
• This drilling activity continues to derisk and delineate the greater Jarvie trend

• Other companies have initiated EOR pilot projects (both waterflood and polymer floods) in the Clearwater formation
• Tamarack’s Clearwater assets have the key attributes required for successful EOR projects and management has extensive experience managing waterfloods
• Tamarack has identified the focus area for its initial waterflood pilot which will commence in Q4 2021

http://www.tamarackvalley.ca/wp-content/uploads/2021/04/April-2021-Corporate-Presentation-Final.pdf

This should be added at bottom of @metalmonkey post

@Metalmonkey ... and that's a worst case scenario of only 1.5% recovery of all the OOIP... literally only 20 million barrels of the 1300 million barrels on 52 sections produced. Now think of what happens if some things go right.

Worth reading

@dr_airtime Following up on my post yesterday with the Headwater Presentation Clearwater land map on page 10, if you flip between Headwater Page 10 and Tamarack page 10 linked below, it appears i3’s lands are just north of Tamarack’s undrilled northernmost land in orange, right under where it says ‘Nipisi’. Interesting that Headwater shows half of i3’s lands in the Clearwater pool while it kind of looks like Tamarack has them all outside the pool they outline on their slide 10

http://www.tamarackvalley.ca/wp-content/uploads/2021/04/April-2021-Corporate-Presentation-Final.pdf

Tony follow the link added those figures are based off existing wells in close proximity to i3es acreage

Yes interesting reading copied this from ceo board

@Metalmonkey Been digging in and doing a little work...

NPV per Well Tier Sub Total NPV
Tier 1 Wells 12 $1,667,031.93 $20,004,383.13
Tier 2 Wells 120 $1,137,706.27 $136,524,752.02
Tier 3 Wells 76 $476,049.19 $36,179,738.49
i3 Clearwater Total NPV @ 56.26 CAD WCS (Current) $192,708,873.64
i3 Clearwater Total NPV @ 60 CAD WCS $232,667,825.60
i3 Clearwater Total NPV @ 65 CAD WCS $286,088,884.37
i3 Clearwater Total NPV @ 70 CAD WCS $339,509,943.14

https://cdn-ceo-ca.s3.amazonaws.com/1g84spn-i3%20Clearwater%20Present%20and%20Future%20Value.pdf

WHI View: We estimate that annualised the quarterly dividend amounts to 0.66p, which provides a yield of 6.1%, based on yesterday’s closing price.

All in, we see i3 Energy as one of the best poised junior oil & gas companies on AIM to capture the tremendous opportunities presented by the oil & gas sector over the years ahead. i3 Energy has long-been both a value and a growth opportunity; it now also represents a dividend paying opportunity. We reiterate our fair value estimate of 24.3p, of which 14.4p is premised exclusively on the company’s Canadian operations (net of balance sheet adjustments), with the remainder reflecting the risked potential of the company’s UK North Sea assets.

Just re reading the rns and noticed they have marked it down as placing

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

x

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: Placing

x

From memory I think this is one of the guys from lomard who helped arrange the placing and must have exercised his warrants taking him up another percentage