Member Info for nozzla

Amazing isn't it. market completely corrupt sometimes.

It's all good that this is going on at the same time, but lets hope it doesn't delay what we're doing. we need ratification soon, otherwise the SP will keep dropping.

With such big name players in the area, when ratification comes, this should explode IMO. The Tano block is huge for Ghana.

Is this correcting following the flippers, or is there a leak of news i wonder?!

There is no way this company will be valued at £100m, when they're not even drilling, let alone producing. Also, they're got to prove it up. Pipe dreams. 1p max

BOD seemed to be doing so well, but since the RNS in January they've completely under delivered.

Buying opp below £1 today i reckon if people want in. not for me though. missed too many planned dates and we seem to get less information every time.

How on earth are we valued only slightly higher than cash + assetts? i3e are move than double this mcap and won't be drilling unitl later in 2019? AIM confuses me so much!

Does anyone have the latest NPV numbers for this? can't find them in any presentation.

cheers

What are you on about, there's been a few thosand traded this morning, buys and sells. please stick to facts.

I3e currently have a £48m mcap and yet don't even have funding. That's more than double Aaog, and yet we start drilling next week. This is massively undervalued and expect a huge re-rate by year end. Hold for the big money.

Got to be JCAM getting rid in small numbers doesn't it? otherwise I don't get why an II or other would offload so often in small chunks?

The next big news here is financing not oil production. If the financing deal is good, then this will re-rate. Graham and Neil have said as much. then we will re-rate again on drilling and then production. We're not just waiting 6-9 months for this SP to move. its 1-3 months max! and in the podcast they hinted at news during July!!!

I always thought 30th round was key to negotiations. I posted that in regards to why others are selling.

I like the fact that they have gone with the party that will keep/provide the greatest shareholder value. they've got plenty of skin in this one and its great to hear.

Check the podcast out now on VOX. Graham Heath states that more details of the deal and name of the other party will be announced "some time during July" Forget your 90 days. That's a technicality.

People don't like delays. Especially as they said 6-8 weeks in January, and now its the end of June and they're saying another 3 months. Traders and some investors will not like that!

90 days will be the time they think they need to do all their due diligence, paperwork, legal stuff, etc. it could be sooner than that 90 days though.

Also, i like this line regarding the operator for the area (Repsol)

'The operator is in the process of executing a Field Life Extension (FLE) project, which will maintain FPSO operability until 2024"

At the end of 2017 they had $55m in cash and $120m in cash and cash equivalents. So this is less than half of the $200m mentioned by i3e. However it would more than cover the drill programme to start with at liberator. and if it is a JV then RRE have plenty of experience in Blake field having already drilled there, and also working alongside Repsol.

Whilst it is just a rumour, it could make perfect sense. GLA

Also, do you know if these got approved: Environmental Statement (ES) and development plan for the Liberator field Can't find info in RNS' ?