Member Info for SwearinNige

Have done this all before. Let them do their job. No need to panic, it is what they do for a living. I am working on site with the lads this week hence no posting yesterday during working hours. But it's what I do for a living and successful at it. It's also what NC & GH do for a living which will make all holders here a lot of money, because they are also proven individuals. Just look at the last interview when the 30th round results were announced. They looked like 2 children in a sweet shop!! Looking back on some of the posts here it looks like some "LR" have done better than me buying in at sub 30p. I have bought in the 40s 50s 60, and 70s. My holding is approx 70% in my SIPP and 30% ISA and have not sold a single share on the way up. So when funding arrives which IMHO will be soon what shall we all fret about next? As Croz says below? Or Spud date, Oil flow rates? These are two guys who have hand picked the best experienced individuals to work as a team to maximise the value for money. I3E was awarded a licence. Many others were awarded provisionally!! That should tell you all you need to know. I am invested in one of them UOG and look at the RNS and what it did for the SP "Nothing". I know one thing for sure if I could buy more personally and not in my SIPP I would be able to retire earlier, but sadly don't have much spare money. The only way I could buy more is by selling assets which I am not even considering, or a personal loan!! Last note: Look at the MC, 80M barrels @ circa 55p each?

Perfectly worded. Terms will have been agreed in principle. And Croz I do hope the terms are not 2 948% PA LOL

Advanced Joint Venture discussions with multiple industrial partners relating to i3's Liberator development and 30th Round target, with indicative commercial interest received for a full carry on a multi-well development with potential capital commitment estimated to be US$200 million. That is a big tick from me. Maybe 5 wells so huge amounts of oil per day= big fast returns to further expand the company for years to come. Glad a lot of my holding here is in my pension.

Just maybe another RNS intraday relaying funding news. Or 04/06/18 7am? Only time will tell. GLA

Summary very well written and I also think the timing was great.

Repost. When we get the funding!!!!

My Buy is not showing at all!!

But here is a reminder of the criteria, so IMHO I think it is just a formality. https://www.ogauthority.co.uk/media/4186/revfinancialguidancev5.pdf

From Friday there appears to be lot of discussion about another possible placing. It appears to be the usual situation where a few want in, so try to suppress the price for there entry. I personally do not think this will happen as the directors want dilution as much as we do. Funding news required quickly or this could drop back more, but long term we will all be richer. If Carlsberg did RNS's Tuesday 7AM, I3e are delighted to announce that it is fully funded with $200m for a 33% share of the asset!! GLA

Beat you to this one, in here 2 weeks ago but only a small position. I think we think alike. FDBK I don't have!! My first post here though as again until i sell i3e i have limited funds

I am already in uog but have no position in fdbk. All the best.

You couldn't make this up. I3e and now fcr!! At this time i am still holding i3e for the funding announcement. I have very limited funds at this time but plan to add more. Just need to sell some others. But well done brooko with that one. I just wish you had told us first of intention to sell and we could have made 7%.

Just arrived here this morning. Been observing for a while and decided to join in.

totalling circa �20K and it looses 7%. Just hold for news that we wait in anticipation of.. Good luck to anyone getting in here now at this low price

Rocket, you are right but I am just a wee bit disappointed about the timing. Another $1m to go, but as you say without them we wouldn't be here.

Mister Spot on!!

Not the one we was hoping for!!

Good luck Brooko19

Croz I believe it will be an oil company because we will use their tie back facilities which makes me think it will be repsol sinopec or possibly Conoco Philipps. They get a 33% stake plus charge for the use of the tie back so win win for them and of course us too with no share dilution. Repsol are currently loosing money in the North Sea so this could help them turn the tide. But very soon we will find out and possibly everyone of us that have second guessed this will be proven wrong!! Croz, If you are right and it's a bank loan we could pay the debt off with interest in a short timescale, but I doubt that very much as NC GH want to take us forward reinvesting the companies own capital and not using debt facilities. That is what I like about i3e, the financial structure.

Undervalued. 80M barrels at circa$80 and climbing week on week to what is predicted to be $100 by year end just in time for us to begin production. Market cap � 41.2 M.????????........Funding announced and this as to re rate to multiple �s. As I write this the intrady which I don't really bother with been here for the long haul is currently 1.5p down. Conclusion here is oil in ground with no funding circa �0.52 per barrel!!!!!