Member Info for sankeys

Because it’s a seller.

I’m not here to be part of a happy clapping club or drink Horlicks over the latest CPR, so I’m not really interested if you don’t love me. I’ve been doing this 20 years and know when people are trying to dictate the content and mood of a bb, very dangerous imo.
It was clear from the SO after the Serenity RNS that a placing was on its way, yet any talk of this was drowned out, same with the warrants and ii selling - we now see LO are selling. Just concentrating on fluffy nice fundamentals and pretty diagrams is not enough, as a poster said earlier it’s understanding why companies are on Aim and how to manage this to make a profit. If your main decision making process is by reading a poster/s off bbs then you may want to consider a safer strategy such as bonds or Nigerian lottery.

LO are adjusting their holdings in I3E to reduce risk whilst still profiting on the potential upside. They have the junior debt/ warrants, the latest placing and no doubt will be involved in the senior debt, which no doubt will have warrants attached. By moving equity into options they benefit from upside but don’t have to excise in bad news scenario. As key debt holders they will also effectively own the assets if I3E fail, protecting their capita, equity would be left with nothing. This discussion was brought to the bb before but drowned out by war and peace posts by the preacher.

I thought all the iis had full confidence and not selling? The positive is they have either finished selling and taking a lot of those shares back in the placing, or they will continue to sell, but with 4m, less by now, the impact to the SP will soon be gone.
There’s an easy bounce to 45p when they are off the book.

Good close, good week. Are we going to test 30p rolling into the Nov update?

With all due respect, you have been very wrong about the SP since L01 dismissing any conversation about warrants and placings.
Aim shares are not just about fundamentals, which you are clearly have great knowledge of, sometimes it pays to listen, not just to preach.

I think for those on the sidelines, larger entities will buy after court date, when the final risk has gone.
For PIs I think it will be the supplemental document that gets the interest going with cash in bank and production levels.

You have to factor in the 15m plus 8m dilution, in addition to the 50m warrants with top strike price 57p. However if they deliver on Liberator given the Serenity discovery, then there’s at least 100% upside from these levels.
To me it would make sense for RRE to buy into Serenity and fit I3e to strengthen the balance sheet.

At 35p, happy now funding is done, it was clear the SP was being effected by a upcoming placing,now it can push on with the next drill.

Excellent news! Complete next week, can’t wait for the supplement document giving us current financials.
So we are in the five day WVAP period, so maybe some fun with the SP, next few weeks are going to be very pleasing imho

Google Sinopec..

SP now starting to move, Nov production on current numbers will give a 25% uplift again. Great share.

Will be the 5 days for the VWAP for additional shares?
Then lift off....

Thanks, it’s good to know.

Production figures are really ramping up with 10000 bopd by December, that’s an awful lot of cash flow to market cap.
Share buyback or dividend ?

It seems a issue dating back many years. Acrugas are doing as agreed, it’s the other side of the chain that needs sorting.
Gov are paying the bill monthly so no issue to us as I can see.

Going to be a good day, free ride for me which I will leave till production.

They are not even trying to hide the control of the bid and ask has large buy after buy is put through.

No it wouldn’t, the Rathin shareholders were to get RBD equity, nothing to do with the cash.

Sorry, £,