Member Info for maestro1

I wouldnt have minded if they held of divi this quarter and spent it on additional wells in clearwater, clearly there is plenty of low cost oil there.

Like i said if investors in uk dont see value here the canadians will snap your shares.

All imho

Is it nt to buy again?

Only handful of companies around world can provide the full solution for pcr testing, we are one.

Once one contract is released the others will come like dominoes falling

They provided biomek to do upto 10k per day at the time they didnt have pcr tests, now they do.

Beckman Coulter Life Sciences

Beckman Coulter Life Sciences will provide equipment that will enable laboratories to optimize their workflow, thereby increasing SARS-CoV-2 testing by up to 10,000 tests each day at 10 separate sites totaling an increase of 100,000 per day across the country.

They dropped it to 133p but wouldnt let you buy, if they got sellers, why wouldnt they?

Hmmmmm

Why is our house broker so keen to keep price down?

The main unknown for me is getting the eua from fda, i just get the feel the large companies would prefer an product which is been tested and approved from fda.

Once fda has approved the test this will surge regardless of contracts.

Its been a year so they need to hurry up.

DrJimJones

So industry standard is 20k-29k per flowing barrel, that gives whopping value of c$228m (£131m) to i3e if we use 25k per flowing barrel (9150boepd). Still double current mkt cap and then there is no value for serenity..

Clearwater land with no production is worth 1/3 of our mkt.

Toscana asset can be valued at our current mkt cap.

Nothing for the gains asset and serenity.

Alot more to come from i3e

DRJimJones

Those acres that go for $1000-$2000 each, is that canadian dollar?

Cant believe how undervaluef i3e are and i missed them when they were 4p...

They were under distress, and defaulted on loan, had no choice, i3e took over their debt by payin 12cent in the dollar.

"Potential company-making upside in Toscana’s Clearwater acreage, one of Canada’s top oil plays, with potential recoverable resources above 100 MMbbls net"

March 2020 presentation

Tonynorstrom1 DrJim post 2day, 600b/d from clearwater. The presentation states that they can recover 100mmbbls from there, same as serenity.

Drjimjones

Posts: 54

Price: 10.35

Strong Buy

RE: Clearwater oil formation rated #1 in North AmericaToday 14:19
In presentation in dec Clearwater was just 600b/d production, average well in our area ip’s est. 250b/d ... considering the whole company is producing only 2000b/d oil they could double that in no time and oil drives out rev and margins and fcf

This is copl

Acquiring 31.1 mm Barrels of Oil Equivalent ("BOE") (24.7 mm BOE net after royalties) of Proved and Probable Reserves ("2P") (Ryder Scott Reserve Report dated 1(st) October 2020 of Atomic's Oil and Gas Reserves (the "Ryder Scott Report"), a summary commencing on page 2 below).

Gross production is only 1400bbls/d, they get half that as they have partner. Around $57m for asset, makes you think just how cheap i3e got there producing asset.

http://www.tamarackvalley.ca/news/

Look at 5th march annoucement, they bought into the clearwater play. I think i3e can get good money for clearwater acreage.

G_g_g

Oil will not go back to $40 this year. Second half i believe it will be high 70's. So i3e are good on that front.

Divi news will give mkt confidence on i3e..

Clearwater drilling in q1?

All morning the mms wouldnt let you buy. Demand is back..

This was from last operational update:

Footnotes:

The Company can only pay a dividend out of distributable profits and the Company has retained losses. The Company is expecting to effect a reduction of share capital to create distributable reserves to offset the losses and create surplus profits. A reduction of share capital will require the approval by the shareholders and the UK Courts.

So they will let us know very soon as uk shareholders will have to vote.