Member Info for maestro1

Its red, just got contract and falling...

Dont understand this stock, just got vontract

Csn buy at 98p

Another reason why gdr are attractive to them.

Thanks tony..

After the oil find in serenity, i3e gave 10% of the license to Dolphin drilling in exchange for them to spend $14.4m in the appraisal wells. So whats the remaining 90% worth?

Mates rates ;-)

Volume is decent in canada again, currently trading at 10.96p equivalent.

Its getting some attention.

plenty of buyers, finally i3e is getting some notice....

ArK87

hes knows its undervalued that why he is here. i just cant believe i3e managed to pull off such an attractive deal on the cheap.

Tamarak has recently purchased clearwater and waterflood asset for $135m, the acquisition includes 2800boepd. Makes you wonder how cheap i3e bought there assets which is producing 10kboepd.

doesnt matter even if there is 10bn shares its all about Mkt cap...

It clearly undervalued, patience is key, granted there are some frustrated investors in UK but i think because the assets is in Canada it is more understood across the atlantic. As soon as the operational rns came out it shot up to 30c over there, more and more are taking a notice and over time it will be canada calling the shots in SP.

Ive seen some of him on marketcall, he has a fund and knows the Canadian oil and gas inside out. Give him a watch..

Now I believe i3e is significantly undervalued at these levels, yes I know the past where investors have been hurt, this is the stock market and we are all here to make money. I3e got the Canadian assets on the cheap, I think even if we value 1 boe at £1 that give us close £60m of 2p reserves, thats our current mkt cap, then you have our production close 10k boepd and the FCF currently being generated. Currently in Canada companies are trading 4-5 times their FCF and they think that is cheap, here it is 2 times. So again another reason why it is undervalued.

I recall a graph where Eric Nuttall showed on marketcall it showed some of the oil and gas companies fcf and the amount of years it would take to clear debt and buy all shares back, the highest i believe was around 5 years and the lowest TVE 2.5 years. Now if you use that with i3e, i3e can buy all their shares back and clear debt within 3 years, this is based on feb oil prices, obviously oil has increased since then so it will be earliar.

Bygones are bygones, if the Uk pi's wont take an interest the Canadians one will.

The market has not put any value to serenity, look at pvr valued at 50m and waiting for farm in for barryroe asset.

This will certain bag at least within a month. All imho dyor

Good recovery gdr..

Lets go...

Tony

I think the canadians will likely buy into i3e, uk aim investors not use to cash generative company so dont really get canadian assets.

Its clearly undervalued, had it not been for serenity they may have delisted from aim by now, now this asset is not valued in sp at all..

G_G_G

I was being extremely conservative, if this was only trading in canada we would be around 15p right now.

Divi news is imminent, this will bring in new investors for sure and hopefully get us there.

Well i follow him on marketcall, he knows his oil and gas in canada.

Current production yields fcf of £25m then right now should be 100m mkt cap not 67m.

Strong buy at these levels.

Its material contract...

How much cash do theg have? Still needs tp be tested by govt?

Govt still needs to test them, sp why issue large contract?