Member Info for pauldrayton

Missed that? What’s the tie up with ITM?

Certainly a bit more interest on the buying side this morning at last! Still only 80p bit better than heading south!!

Another 32.5k sold at 71p. Guessing it’s a large sell order that’s being worked.

25k sold at 71p.

Let's hope that's a seller finishing rather than starting!

This time last year Helge Hammer said they were in advanced discussions on a couple of deals and would be disappointed not to get one over the line in the first 6 months of 2020. He anticipated Longboat being a mid-sized E&P player within 2 years.

Obviously the market turmoil last year didn’t help and maybe changed everybody’s expectations but hopefully as you say now the oil price is a bit more stable, M&A will pick up again.

They must have been in numerous discussions over the past 15 months so you’d hope they would be in a strong position to get something over the line now.

HH did say the first deal is the most important and they need to get off to a good start, and I agree with that. Although it’s been a painful wait I’d rather they get this right than rush into something.

Nice to see a bit of buying this morning - it’s been nothing but sells for a couple of weeks it seems.

Looks like it's back up and running now.

No sign of a blockbuster deal I'm afraid!

Probably just a technical issue but we can live in hope of a bumper update being prepared for tomorrow ;-)

It doesn’t work for me either. I looked at it a couple of days ago and it was working then. Let’s hope they’re updating it and it’s not just a technical issue! ;-)

I’ve taken a small amount as well over the past couple of days. Bit annoyed at how long it’s taking them but it’s still a knowledgeable team with good contacts and financial backers who believe in them.

Yes they would have to ask shareholders for an extension if it got to 18 months but I’m sure they will be determined to secure something before then.

Hmmm it’s all a bit depressing isn’t it. I don’t think they’ve missed the boat - there will still be opportunities out there but I do agree they need to deliver soon. They can’t keep on like this, let’s just hope the deal was worth waiting for if and when it does arrive.

Depends on how long the OM outcome takes I guess, and what the outcome is.

Response from the company pretty much as expected and says nothing really. The previous presentation remains valid and “we remain confident in our strategy and the opportunities and as soon as we have something material to announce we will disclose to the market”.

https://www.wsj.com/articles/italian-prime-minister-giuseppe-conte-to-resign-11611599680?redirect=amp#click=https://t.co/ghFqziWTlQ

I’ve emailed the company. Not expecting any major revelations but will share any response if I get one.

I thought the addition of a new member of staff was a good sign but the wait is getting frustrating and there has been a constant stream of selling recently (maybe unsurprisingly).

I think Tony is just being honest and realistic. The Keystone pipeline would have helped I3E, there is no doubt about that.

So Biden has withdrawn permission for the Keystone XL pipeline - has this been discussed? Bit of a blow for I3E and I guess they have to hope the Trans Mountain pipeline gets completed now.

RNS Monday morning!

Or Gozzie is on the sauce again - it is Friday after all.

Finally suspended?! ;-)

BOR definitely off on one again today. Something up or another false dawn...

Some fairly chunky trades going on over at BOR.

Is something brewing?