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Agree with the range but deffo not happening on a saturday lol..... my average here is 45p.... looking forward to that 80p to a pound possibly more. Another rns next week will see us good

Especially after brexit... internal supply helps.

Should be positive and hopefully update us on progress and deadlines

Thats because this share is for investors not traders.

Seen the video. Hence why I'm sticking here until the 150p plus days.

Possibly... by the sounds of it serenity is the best asset in the portfolio for i3e

Very unlikely this will dip to 20-30p - news could drop any time so the large holders you saw on Monday wont be releasing as most buy on mid-term long-term plans when it comes to big/institutional investors. Furthermore, the potentials have increased since. If anything some drops due to profit takers switching to the next big risers, but mainly an upward trend. Hopefully more news tomorrow or next week on the plans going forward and the re-drill updates should see this past the 50p mark slowly but surely. THis is a pension maker. Much stronger prospect than the likes of UKOG and sandersons weak discovery - this is actually more real.

need more news for clarity -

Its evident that this is a very low risk investment with a high chance of significant returns even if you bought at the 60-70p range.

They decided to go back and redrill purely due to the nearby oil discovery which means a large chance we may have more than we think, way more

Nice post. Agree with the undervalued piece.

Thanks

It means 40p - 80p equal double your money

I3E was issued a broker rating by Cannaccord Genuity, a incredibly well known financial services and brokerage in capital markets. 80p target reiterated yesterday. A positive vote indeed. Any thoughts?

1st november v.likely

I briefly listened to it... will listen again in full. Thats more great news.

North Sea oil explorer i3 Energy has made a major discovery 80 miles off Aberdeen.

The successful drilling of its Serenity well in the Moray Firth area has prompted the firm to reassess its nearby Liberator field, which yielded a disappointing result earlier this year. Shares in i3 shot up more than 60% as trading opened today.


Chief executive Majid Shafiq said: "The discovery of the Serenity oilfield, a potentially very large oil resource, is a transformational event for i3 Energy plc. We now have proven oil in a second structure on our licenses. It is the culmination of three years of detailed geological and reservoir analysis and validates our regional model for the Liberator and Serenity oilfields and neighboring structures.

"We will now integrate data from the 13/23c-10 (Serenity) well into our geological modelling as we develop an appraisal and development plan for Serenity, which we believe is connected to the undeveloped Tain oilfield.

"This result also adds confidence to our revised mapping of the Liberator field, which utilises the same reprocessed seismic dataset now used to map the Serenity field, and integrates data from the recently drilled 13/23c-9 Liberator well. We now look forward to returning to Liberator where we'll continue the necessary drilling operations to progress that field towards development."

But if it is DD then boom time again.

That cant be right. Dolphin Drilling have a large presence in the Northsea and work with the big names such as Shell. If this is true and not a rumour then blimey, they've obviously chosen the big boy drillers. I personally think its a rumour and not true.

yes picked that up from podcast