Member Info for magmanus_49

buy/ hold......cats comming out of the bag. dips are for catching the mice by th way. notthe other way round. lol

you call 5% a dip....when we have 17.p value....? peanuts 10% here or there. buying for much value than 7/8p

yes :) - only a boggie man would sell here - becuase he is not short bandwagon....and see world comming to an end. lol.

nearly cleared....

seems like we will have great afteroonon, and big up tomorrow.

bid/ask the same. :) sign of major upside about to take place.

level 2 looking very strong. see a big afternoon here. some good buys in this low vol period.

10:35:07 6.39 250,000 Buy* 15.98k

Correct.

So why would anyone sell 17p (minimuim) value down here. The only option is buy (short exeburance).

This is is huge information for any PI, to be on alert for major upside form these levels. period.

low might be just under 6 (only through forced selling), high might well be over 12p in the short term soon.

In terms of risk reward take your pick. I know which end of scale I am looking.

this review has just come out. so buy and hold tight. we have very strong buy recommendation from industry. Its no brainer in any case.

www.proactiveinvestors.co.uk/companies/news/926588/wh-ireland-upbeat-on-i3-energys-perfectly-timed-canadian-move-926588.html

as before the deal.

what gives? heard de-ramp mentaility.

buy and hold tight very share you have.

treid to buy low and its going NT. :)

“i3 Energy absolutely nailed the timing," analyst Brendan Long said of the Canadian deals

He also said herd mantality to sell oil is making many blind to things here. Read it.

agree Kingivor - lol.

Somebody subribed for 50k shares on primary bid and only got 40k. so why was that? unless they kept the bigger put for the private/ inst inestors.

Tomorrow and Fri will be fun after todays correction down and up - someone/ entity is taking big position here on.

why you need to announce - that you wish to remain blind to the facts or you just don't understand them. lol.

huge opp here. just review the below, and leave the nayer sayers, de-rampers to one side. They provide no info which tells you alot.

anyway good luck to them - i have no hard feelings :). You can help anyone who wants to remain blind to the facts.

Just do you reesearch, and cover up. Thats all i can say.

No more info here. I provided enough for now. Value is value, can not be ignored, down here. will hold until 12-15p at least. for now just taking postions.

Further to updates from JAdam here is a some research, which all must look at to ensure you dont get swindled out of your shares from here on what I3E now has under their belt, why its new listed company in some respects:

1. In Q4 of 2019, the Assets produced on average 10,645 boepd (47% liquids) to which Gain's independent reserve evaluator had attributed PDP reserves of 26.4 MMboe with a before-tax NPV10 of ~US$177 million, and

2. 2P reserves of 69.4 MMboe with a before-tax NPV10 of ~US$397 million. In 2019, the Gain Assets produced ~US$34 million in field EBITDA (revenues minus royalties, opex and transportation) from 242 Gain-operated wells at an average working interest of 78% and 1,633 non-operated wells at an average working interest of 11%, and

3. include 174k net developed acres and 186k net undeveloped acres of land.

IE3 is just re-rating on iems 1 and 2. Item 3 is not even the in the picture for now, with potential to add £1b in extra revenues in the future.:)

So to say 668mill shares is an issue, means current mkt cap is approx £40M, thats less than years revenue! and shareholders are getting devident.

so don't suprised when it rallies over 8/9p soon. Expext 15p, makr cap of at least £100m for mid size producer with huge additional accreage to exploit.

any de-ramper (short) wishes to dispuet the facts? or will they just name call, abd get frustrated at the facts.

Jus admit you got it wrong, and things will be alright :)

when i get a chance. So thats 3/4 times current pps. Based on cash, current production levels, and forward revenue,

so asking for 15p is not too much.

Its good mate. :) / won't share on here. too many de-rampers/ shorts at close today. ha!

It appears you have not watched the company presentation and don't understand the compnay transformation that has take place. Its a new company, they might as well change the name.

1) in your earlier posts you say I3E is fully funded - what do you mean by that. A: They don't need any more funding from here on, like they did over the last year. Therefore banks who provided £30m cash will want a huge return and pps will not be 7p for too long.

2) what do you expect the dividend to be in pence. A: Expext 15/ 20% a year at this price - hence buying.

3) The EBITDA / Netback figures in the recent RNS were based on 2019. How do oil and gas prices compare now to 2019 and how much will this affect the free cash flow. A: In addition to oil thye have gas in the new assets purchased, 40/60 split

4) What is your forecast for SG&A costs in I3E’s 1st year. A: same as last year, or little less. When they were losing money. They are same size. But no making alot more rev and profits.

5) I3E were talking about additional aquisitions - how are they planning to fund those. A; They don't need addtional assets for the foreseable future. They have producing asset and additional assets to work on for more revenue for at least 5 years.

Is a complete transfromation. 7-20p ranger from here. When money comes through and addtional resource untapped, then may be higher.

So 100/200% on the table. will take some time though, don;t expect to get rich asap.

But small risk and huge gain from here on. Not the same I3E as beffore. Hope you undersstnat that.

Watch the presentation video.

peth82 - you made a newbie comments, but there many other de-rampers makingthe same comment (newbie). hope that helps your understanding going forward.

would nice to get more at lower, but that is not gauranteed what so ever. Based on value created by I3E now. Its not the same co it was few months agi. Just rememebr that. Its a mony making machine now NOT money losing like before.

I am gald we are getting them under 7 right now. :)