Member Info for PanamaPete

Are you a dumb holder too at 13.6p maestro1 ? Let's hope it gets back to your target price.

"I find it mind blowing that a shareholder would come onto a public forum and trash their own stock - hey, but each to their own."

Tony, maybe you didn't notice but the market has trashed the stock despite your erudite enumerations.

Oh yes we are.

He can't, he's obsessed.

Tony, why don't you give it a rest. Shame your forecasts didn't include the share price LOL.

You don't have to read my posts Tony, just use the filter button.

I love looking at this data to remind me how fcuk'd the world is & that Just Stop Oil should really be Just Stop Babies. Meanwhile USA sizzling under a heat dome & their air-con units working overtime.

https://www.worldometers.info/world-population/

I'm really not looking forward to their next RNS unless it's a cash only purchase or commencement of share buybacks under 16p.

Again Tony, your pedantry is quite tiring. You implied that to get their website updated, I should email them. Really ?

No Tony, I haven't & why should I need to. Why should they need prompting. They are paid to run the company, not me or anyone else on these forums. They could pay an IT graduate £25pa to keep their website up to date. It's not rocket science.

"i3 is committed to returning value to shareholders through the deployment of its growth model, by way of growth-related share price appreciation, monthly dividend distributions, and opportunistic share buybacks."

Share price appreciation - 30p to sub 12p

Monthly dividend distribution - Cancelled

Opportunistic share buybacks - Awaiting announcement

Even the significant shareholder list has not been updated on their website since 28th April - what are they doing.

School report - Must try harder, C minus.

The Trolls are working overtime this weekend. Clearly an offer coming, imho.

@JoeSoap, on 31st May you wrote :

"Also of note is financial engineering that has gone on with the fact that the loan originally raised by i3E NS with i3E plc as chargor has now been transferred to i3E Canada, leaving i3E NS now debt-free and, no longer encumbered by the Loan Note covenants, able to do their own thing whatever that may be."

Could this mean they may have plans to sell off their interest in the NS asset and use it as part funding for a Canadian purchase to get that extra 5000k boe.

Dartron, I don't understand why you are still holding those 17p shares if you think the sp is going down to 11p or further. Surely you should sell immediately and buy at your lower target price.

Dartron 31st May 16:48

RE: Nicely done - Settlement of loan notes

"Grabbed 20k shares at end of day for 17.67. Think it was a good deal for the company today."

You've changed your tune Dartron.

That share option is not looking too rosy now. Price of share on 19th April was i.r.o. 20p. Also, even if his targets are not met, JD still gets the options in three years. i3e should use the recent loan facility to increase production organically considering the massive increase in reserves they have recently reported. Bit pointless buying production elsewhere at a premium. The 3% increase in production for 2023 over 2022 is disappointing.

Oil & gas prices alone cannot be responsible for the poor performance of the share price.

Ironic that on 7th June the headlines were "I3 ENERGY UPBEAT ON FULL-YEAR PERFORMANCE".

Edit: missing out

Can't blame them & well done for calling it. However, they are also nervous about not missing out on a sudden rise so I think we have a floor for the time being and those sitting on paper losses do not need to crystalize that loss further.