Member Info for tiler1

Spot on Cash.

It`s also time to completely overhaul the North Sea as well. it`s an overhang on the company and clouds the company CV. If they can do a small development on Serenity, it's a side show to Canada and will only require a very small UK staff level to accommodate it.

I agree Tony . I had the pleasure of meeting Graham on a number of occasions and for me he was Mr i3. It`s a shame, I join you in wishing him a speedy recovery.

Very solid update.

Like the phrase, Exceeding managements expectations !

Stas, spot on. For me at the moment i3 are an easy hold. Next six are going to be very interesting and I believe rewarding.

dyl79, I hope I`m right as well. I think you`ll find a lot of the staff work for the subsidiary companies. Like i have said my bet is re-finance and dilution. Bidding war is our only chance of something if they cant re-finance.

Robins, like you I’m a long term holder . It’s my belief if the science is as good as they have stated fresh finance will be secured. I’m betting the science will prevail. Your perception is no doubt less positive than mine. I’m simply saying I think we have pulse and will survive.

IF ! we do let’s see where we are in 6 months . There are some key milestone looming.

Michael, good summary. I know from a friend who attended the AGM all efforts are being made to keep the PLC going. BOD are determined to succeed. I`m betting they will. Lets see.

Thanks very much Tony.

Looks like John Festival has been a substantial purchase .

At least terms for Serenity have been agreed with a single party and its no longer plural.

Anyone else think I3 are buying ?

Oil prices are getting very hot ! Current divi could be improved or a solo return to Serenity could be on the table very shortly. Things are getting exciting.

Cash makes a good point regarding what went on with Liberator. Serenity needs a line under it one way or another.

Its going to be very interesting on the next Serenity drill. Now they have confirmed we will remain as operator i think they will be very conservative with that first step out drill. I`m hoping we are drilling spring next year.

Acquisition have been included in this report so the figures will be tilted on the negative ? Will re-read tonight

I take your point on the global numbers, but interim results are due very shortly . Which I believe will be very impressive. Anyway, excellent progress.

I mostly agree GGG. I have added significantly and will trade some at a higher price. I`m more optimistic on the year end SP.

I agree. We should also expect substantial savings operationally as well.

Good summary Tomh. A lot has been completed over the last ten months and due to trust issues the market wanted/needed proof and clarity. That’s now on the table.

We now have a news rich period to enjoy and I’m sure the MCAP will adjust to I3’s performance and potential. Which is considerable.

Just seen placing price ! Doh.