Member Info for maestro1

Redtrader

The old presentations have vanished from website but im sure they can be found. Geoffrey Auld did say they will install pumps in sabria and get back 8000boepd spending around $8m..

Imho i dont think they should have given divi this year, they should have invested that $8m on clearwater, easy additional 6 wells.

Also they have partner who has defaulted a few years ago, senx believes they have 100% working interest, they currently in mediation to get the other party to relinquish their share as they defaulted.

Maybe this is the reason why its falling? Cant see anything else has changed.

Pure

No i did not, the romanian wells cost around $3m to drill, Sancrai is exploration and deeper well.

The tunisia pumps, senx stated earliar it will cost around $8m and they can get production of 8kboepd from there.

Look at the old presentations they should be there.

i think the bank can sell there shares which they got from clearing the company debt in june

Pure

they said just a few months ago that they planned to increase production by 8000boepd by installing pumps in tunisia fields.

That was going to cost £8m have they backtracked now?

imho the selling has been relentless, we have had the founders of senx sell all his shares. Look where the price is someone is still selling.

Its costing around 3m to drill a well, we were told they will get to full capacity at the plant with mf1008, this hasnt happened.

Sancrai is an exploration well. In tunisia they wanted to spend 8m in increase production where will that come from now?

Edit: next month.

Not next year.. lol

Lol tony...

So we know where we are with i3e. Graham has said the circular will be out very soon so divi can be paid.

Bit disappointed with why noel is taking so long to come online but hopefully next year. Current mkt cap 64m looks good.

Tony who said annual results by end of month?

Cmc

Looks like some got spooked after seeing the tsx, that will recover too.

Fundamentals are sound, it was the right thing to do to hedge some oil. Note holders probably wanted that for divi to go ahead.

Doorstep

I agree, divi yield lookin very attractive now.

Trading at 8.2p equivalent at the tsx, massively undervalued.

Ggg

In the past they stated farmout is advanced now they say its ongoing, so its not in the short term imho.

Its the canadian assets we should concentrate on, the option/warrant holders will likely be selling down. I still believe i3e massively undervalued.

And they have 3bn in tax losses to play with.

Current production is 50kboepdd further 10k will be added once suncor asset is completed.

When do they plan to have golden eagle wrapped up, its been 3 months and with the price of oil losing valuable income.

UT trade at the end put us in red. :)

Tlw valued at 800m and enq valued at 300m, mkt being unfair on enq.

oil price close to 70 this needs to move.

Pelle is there an update on the 12th?

spindok

with the current POO this company will be throwing alot of FCF flow, next few months i see this going over 30p.

Strong buy at this level

This one looks good.