Member Info for maestro1

how much cash do they have?

this one is a certain riser over the summer.

back to double digits, likely.

Goonerpete

so you believe its going under cash value again after getting this asset, FINNCAP value the LIXUS asset to CHAR at 20p a share.

Hillybilly

They have ample amount of cash....

They have literally cost a field with 70mboe, gas is an expensive commodity in Morocco, can sell it near $10 per mcf.

Current mkt cap is only 16m, really cheap. Anyway each to their own..

I think CHAR a screaming buy.

can easily do 80mmcfd according to Malky, it low cost low capex

80000*10*365=292m in revenue.

Bargain char

SOU is valued at 200m still not producing..

So only 16m valuation at char is wrong, the charts have changed it looks like char is going on a great run.

badger

the lixus license has proven gas, gas prices are absolutely excellent in Morocco, ask SOU and SDX..

Char have turned the corner.

top

you mean condescending?

:)

And they had $18m in bank back in dec 18.. :)

Thats 3.8p a share in cash

Do the maths, gas asset is great.

My other stock sdx energy produces 5.6mmcfd in Morocco, thats is whopping $20m revenue.

I think char have just got a gem of asset with proven gas..

In morocco the gas prices are really high, can sell over $10 per mcf.

Great asset they have got..

I think this is going further short term...

How much cash do they have its over 10m isnt it?

Luck

What utter drivel, they have cash, and producing near 4000boepd, no debt and also have large receivable on top.

Those other stocks dont make money but sdx does..

Bonkers

But yet you are happy buying Seftons aaog, who constantly missed deadlines and are valued half the price of sdx, aaog produce sweet fa.

If aaog was dual listed on tsx they would never have got away with their lies...

Lexion

Exactly, something seriously wrong. How can this be valued under ukog, its producing and have fcf of over 40m per annum.

No debt.

Mkt cap 66m. Massively undervalued..

Reminds me of matd when they raised cash at 6.5p in jan 2018, quickly doubled after that.

i think this will be over £1 in less than 2 months.

Read the presentation, its not joke fantastic opportunity here.

https://i3.energy/wp-content/uploads/2019/01/20190115-i3-ENERGY-Q1-UPDATE-v1.3.pdf

but wait you said

"TLP 101/TLP 102 - That is because they never carried out any work to increase the flow."

now you admitting they have done work, tlp102 they had schlumberger on the case very confident of flowing oil, they even said the made contact with the hydrocarbons, nothing came of it.

if aaog produces 1500bopd from tlp103 i will congratulate them, i cant see it happen personally. Lets see...

Just remember on thing expect to produce 1500bopd and is producing 1500bopd is two different statements.