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i3 Energy (I3E LN)1
; Speculative Buy, £1.50: Well result at Liberator - The 13/23c-11 well has encountered 220 ft measured
depth (MD) of sand in the Captain sand. C. 20 ft MD of the Captain sand with oil indications has been found above the
expected oil water contact. This compares with expectations of 70’-80’ of sands being above the oil water contact. Market
reaction: negative as the encountered sands with oil which are not as thick as expected. This could have a negative impact on
Liberator’s volumes. The company indicated that development wells were drilled in similarly thin areas above the oil water
contact in other fields in the area. i3 believes that the small amount of sands above the oil water contact at the A2 well
location does not mean that the net pay has decreased in the west of Liberator where most of the contingent and
prospective resources are located. Encountering thick captain sands at the A2 well also shows the remapping of the field is
much more accurate than previously. It also lessens the oil migration risk to the west where the prize lies.
https://gmpsecurities.bluematrix.com/sellside/EmailDocViewer?encrypt=afa3034a-16a5-4906-8828-66f461107c4b&mime=PDF&co=Gmpsecurities&id=noauthentication@bluematrix.com&source=libraryView&htmlToPdf=true
Ok fine I will accept that. But while you have been "talking" in the last couple of weeks and arguing against the research and opinion of BBM you missed an opportunity to buy at 17p and a rise of 200% just after Serenity rns. I accept I am a mere novice and do rely on more experienced investors. We can't all be like Stankeys and be born experts. That is what his opinion of my investment strategy implies. When you are learning you have to trust some people. Something will trust the right people and sometimes the wrong people. Any way I am leaving it there.
Well of course you would agree Backwards person. You have been subtly deramping this for ages and still not invested. What a surprise. Had I listened to you I would have sold before Serenity hit. Although I don't claim to have the alleged knowledge you both claim to have I at least have enough respect for people not to have sly digs. Maybe until now. But hey hoe arrogance of some should not surprise me any more.
Sankeys. I appreciate constructive comments from everyone. But I think your little dig to BBN was a little unfair. For someone like like who does find the SP ups and downs disconcerting and doesn't understand everything that is going on despite detailed posts from various parties. BBNs post have given me a lot greater understanding and at times when I might have been frightened into selling at a big loss his/her posts have given me the confidence to hold. Yes they are very detailed and I think the war and peace comment was very insulting. And frankly not necessary. I hope it was not abit a of jealousy on your part that his knowledge and research is greater than yours. As I said I value all constructive comments. Your dig was not constructive.