Member Info for maestro1

Look at small caps they have bagged 3 times etc in aim.

Look at the canadian oil stocks which i align i3e with, they have bagged 3 - 4 time from their lows of last year.

If you look at the canadian companies valuation we should be near 15p now. Some of those companies have debt 2/3 x cashflow. Here it is 1x.

I think once divi announced and some guidance for this year, this will rerate, convinced it will be over 15p. If Eric nuttall gets a hold of this it will go higher, with tamarak and athabasca him and his followers sure put those companies in the limelight.

All imho

PiratePete

Divi news likely this week, they will need to giv shareholders 14 days notice to vote and then payment in late april like they promise.

Im confident oil will move towards $70 in q2, who knows we may get a surprise, they gave production figures for months nov - jan, from jan to march production may have increased from shut in wells.

While other oilies have recovered from last years disaster, it seems i3e energy hasnt.

"It is expected that the Company will declare its maiden dividend in Q1 2021"

So by end of march announce the payment and pay by late april. Imho

I cant seem to find it online?

Do right now they have around £20m in cash too? If we take 2020 year end balance of $18.8m.

Is that oil or gas on the shut ins...

Noel will add 500boepd next month, thats gas...

Tony

Its clear they will be targeting clearwater and even last march they were contemplating drilling 4-6 wells, these wells can add close to 2000bopd.

Toscana had 600boepd production but over 34m debt, they had no money to increase production and they had difficulties servicing the debt, add to that clearwater was only found in 2018.

Just to get to similar levels of other oilies in canada, 15p to 20p.

Lets see...

Doorstep

When i3e purchased the canadian assets there was vast dilution, most of those investors left some averaged down.

The canadians know their backyard and they understand the assets while we dont. Here in aim we tend to chase high risk exploration wells and value those companies ridiculously, across the pond they actually look at production and reserves.

Once divi is actually confirmed ppl will take note of i3e again, it will show that they have healthy balance sheet and they can grow organically.

I wont even mind if they sell serenity to repsol and concentrate in the large canadian acreage where drilling is low cost.

Just like operation in feb, ite raced to 30c while uk investors were picking noses and didnt understand what was happening.

Just a quick one for weekend, how many oil companies with mkt cap of 67m are giving a divi which is over 5% yield. Show me one in aim...

This is how cheap i3e are, hopefully mkt will realise.

What do you mean, worth remembering?

Yet the sp fell. Some jittery investors.
Fundamentals are still same.

2p reserves 58mmboe
Production 9150boepd not including noel well
Divi announcement shortly
Mkt cap 67m
Still trading 2x cashflow
A number of wells shut in will be opened again

Eric nuttal point how he values oilies, in less than 3 years i3e can buy all shares and clear debt, thats how cheap they are.

Piohc

Now you talking..

Divi news next week surely they have been banging on about it for months, they need to be clear and give confidence to mkt.

Get drillin in clearwater.

company tend to tell you in the beginning of the year where they will spend there working capital, its been almost 3 months, they havent given us any guidance.

But anyway, production is stable at 9150boepd, the divi news should come first and give confidence to mkt.

silly for it to fall, we are undervalued here. TSX trading at 10.1p.

divi news surely next week, uk shareholders need to vote on it.

lloyd

so they would have dispatched £10m worth of product at cost price, come on...

Yes..

deerhunter290378

i watched the nov presentation yesterday and again today, its clearly the best pcr test around, so we have to ask ourselves why is no one buying the test, why are fda taking so long to issue us eua. Thermo fisher applied for an eua in dec and they got it this month. Why is ours taking so long?

Northeast14

what else can it be look at all the buys going in but its going down. from 155p...

im calling it, imho are placing is likely hence they sp falling when we have more buys.

we will find out for sure next week....