Member Info for PIface

Ive made trading money on this past 2 days. Great results hopefully more to follow. Great geopolitical setting. My main worry today of an investor presentation would be a placing due to only having 300k cash balance. Though it seems obvious the assets have grown. Bit wary after inspirit of things thatvhavecrisen this much befire a placing but if you want to see it there is more substance here. Could be a long road.

1mm at 3 most at 3.2

just nipped over to rockfire dimsum is saying it's a pump and dump over there too. Can't be too heavily researched can he if he is everywhere pouring scorn on anybody trying to make a buck

noticed that siborg I think the bid is a direct market access one as no mm initials, but trades still going under it which is odd.

im fairly certain the person who paid 3.26 for 1,000,000 meant to pay 3.026, but they'll be up by the end of the week I'm fairly sure

next trade was 3.26. When I move with my £180 the market follows

with this piece of jigsaw seems like NN have people interested, lesogo, do, both the banks still have a chance, all got a foot in nowt signed, we are looking competent at running our own show regardless so it's all looking good for a deal. That guy on the last video even looked a bit like Noel Edmonds. Feeling much better today.

Yes great RNS on the whole surely if not for yesterday and the weekend of deramping that would be very welcome news. Anybody whose here because there friend told them to buy might have sold, if they thought WK was of any real importance - that was mainly good news anyway but sounds like production was not as high as hoped due to approvals. Hold on to your shares people if you are able to.

It's not yet known if that has happened is it? The thing is on a quick bit of research Lombard seem to hold for pension funds and so on. What if all these pension funds or unis etc are saying - we don't want to be invested in fracking or oil any more. That would be bad for the sector in general but I still think offshore oil has a good future, especially for chemical feedstocks if nothing else. It might not be related to I3E directly if an II is selling. So while you are right always room for exceptions. Also IIs have the ability to operate bullishly so can make a load of money selling. And then buying back again if they wish (slingshot). If you sell at the bottom you cannot win.

I'm invested here but maybe the RNS shows that I should really know more about my sector. I bought a lot of shares early on to learn from and this was one after serenity. I've already learnt it's a strange share and tbh none of the price drops are worrying me much as I think it's as much a sign the city wants it, might be wrong. But I think the wirelogging will reveal more and maybe the RNS was deliberately vague, but was meant to not rule out a big find, onl rule out a compelte duster after yesterday's drop in SP, without which there may have been no RNS. Anyway my understanding of convential oil/gas is that it is in a sandstone reservoir with a seal rock above. I get that oil seems to float so 20ft may be above the water, as far as they know. My question to the learned is this: if they get that 20ft of oil out, will the other 200ft potentially of oil rise into it and be recoverable? Or will it be spoilt. Or am I barking at completely the wrong tree? tia

Yesterday was a real test of how you think about this. I feel 20% less good about the management/PR but has strengthened my resolve to put faith in the fundamentals and we will be stronger if we hold together and don't get impatient.

has anybody seen robj since dimsum3 arrived?

v good article greedfear seems to address it all like they've been reading our bb - so it's not a duster then co appear to have released results to stem the crash in sp to show that much. But wirelogging will be more conclusive. I feel reassured anyway and will hold.

LONDON – i3 Energy’s latest well on the Liberator oil discovery in the UK central North Sea has reached total depth as planned in the Valhall shale.
Well 13/23c-11, drilled by the semisub Borgland Dolphin, encountered around 220 ft (67 m) MD of sand in the Captain reservoir of which roughly 20 ft (6 m) had indications of oil above the expected oil water contact (OWC) of 5,270 ft (1,606 m) TVDSS.
Wireline logging will follow.
Majid Shafiq of i3 Energy said: “We are pleased to have encountered a thick Captain sand at this location including oil indications in the upper Captain sand above the oil water contact. Initial interpretation is that the sand thickness above the OWC is lower than anticipated.”

11/25/2019

Degsy posted the link does this help any? 220ft captain sand 20ft oil above owc. Still couldn't work out as a newbie if the last sentence of being less than anticipated sand above owc is good or bad! sorry.

I was in here for a while but keeping an eye. One of my first shares and all this far east talk I was interested in. Without understanding it fully it always nagged at me why are they doing deals out there why not nearer home at first? I got out near 11p recently and didn't regret. I got the RNS this morning and saw placing so didn't have any great urge to reinvest. It's a little mystifying they have a whole new product but decide to bury that in the RNS. The guy on the podcast seemed to have a bit of a disdain for traders etc. or share price spikes. When I first saw about co crystals I slightly thought, well what's the point just take the two drugs separate. But it seems there is an angle where you can get a new patent on an old drug this way. Or is it all a bit of guff hence why they don't like lots of media attention in case they are exposed?

ha last time it dropped I contacted fca to ask in theory if a s hare could be blue all day with a barrage and price down and what laws I could look at. The FCA just seemed to take it as a complaint and said "we are looking into it" as though they knew what I was talking about. Perhaps because I used real figures in my theoretical example. I still think that mainly the impatient will lose out in the end but I may be wrong gla

I'm glad I'm holding here rather than deciding to invest because that is one divisive RNS so far. Nearly bought another £1000 when it was back to 30% down then it went 40% down now the RNS. Bit I sympathise with anyone that thinks this share is manipulated and leaky as it's the most curious share I have for responding to news.

Was hard to interpret for a layperson what does it mean to an oil and gas man?

hmm as not been in this game long must admit I panic sold a portion then bought back in for less. Failed interview, deramping all weekend about JV, RNS mentions "strategic options" rather than disposal for first time everyone is a bit jittery many having topped up last week to limits of comfort. Once I could see stabilising around 3p that's when I topped up. Might just take longer than people expect I guess but there is nothing massively negative in the RNS to fundamentals just seemed very abrupt. Watch with interest who is right but clearly lots of people like to be contrary for these kinds of moments. Or are they paid to be? Jury is out for me.

I think it means it was cancelled after being reported