Member Info for tomhuk2000

Loramos, Let’s hope you’re right… I think there is real value in this company… Certainly more than 11.5p a share lol

Well I think that’s a bit ambitious at the moment.

However if i3e exploited all their drilling and reassignment opportunities, farmed out serenity, appraised and farmed out liberator, and had a few more acquisitions… Then maybe… but we are talking years!

Broadly, i3 are in line with how in the overall markets are performing. If this news are dropped on a brighter day then we could’ve seen 12p plus. Although, we may still see this when Canada opens or tomorrow?

As Tony mentioned, this was a very good RNS and will add to the coiled spring effect once the financial fundamentals are released this month.

If I were a new investor, used to safe blue-chip companies, I would really want to see some hard numbers before committing.

We are certainly going in the right direction and I am very heartened that we can successfully drill a well! LOL

AIM does boggle the mind at times. Buys/sells are pretty equal too so no real reason for the dip.

On another note, I3 are doing better PR wise, with an immediate tweet first thing followed by a follow-up tweet just now. Hopefully they’ll get an interview in (unless they’re releasing the interim results and will kill 2 birds with one interview)

Last time we saw a sharp rise up to 16p the initial catalyst was the confirmation of the dividend.

I reckon the market will want to see the financials and subsequent dividend announcement before piling in… Particularly any new investors that were attracted by the telegraph and Times coverage.

We often forget that we, on this bb, are hardened AIM and small cap investors and many people who read the telegraph rarely risk money on anything but FTSE100 stocks. So confidence needs to be pretty sky high to entice them in.

The only thing I’d have added if I were on the BOD would have been the total production figures.

I think new investors need to know, and be impressed by, the fact we are producing well over 19,000bopd now… potentially 20,000!

Great news!

Clearwater producing a steady 238bopd and plans to drill 7 more wells by the end of Q1 2022.

Wapiti producing over 50% more than expected… 471bopd as opposed to the forecast 300!

Wapiti Elmsworth coming on-line presumably in a similar timescale for clean up etc (end Sept). Also mentioned it’s the first drill of this programme area, hinting perhaps at a more extensive drilling plan Tba?

The big takeaway is that after the North Sea issues a couple of years ago… it’s proved we can drill successfully on time and on budget!

All in all a very good RNS and the first of many!

No problem. I believe we are invested in a very good company at a very productive, exciting time.

DOPW I’m sure you will do very well, as an investor as opposed to a day trader, don’t let the intraday sp variations sway you. With patience, all the fundamentals and indicators point to i3 becoming a very strong company and that will eventually show in the SP.

DOPW,

The telegraph article and buy rating was released the day before yesterday. Yesterday we saw the SP increase in response to this and hit 12p, probably also on anticipation of news. We also saw a huge buy of 2.75m shares after hours.

There was no news today and given the low attention span of investors in AIM, the momentum has settled, although we are slightly higher than before the article.

There will have been a great deal of interest raised by the positive PR of that write up, but many investors will want to see the interim financials and Clearwater production/total production figures before committing their money.

As I’ve stated before DOPW, you need to be patient and also be aware that with AIM, the value of a share isn’t always reflected in the share price. There will be certain catalysts that send the SP rising and sometimes it’s surprising that big news has little impact. Last time the SP soared it was the confirmation of the dividend that got the ball rolling as it inspired confidence and assured investors the BOD were carrying out their promises.

AIM is sentiment and confidence driven, value will out - but it can take time and a cumulative effect of several positives.

A few more chunky after hours trades today

My previous post only shows projected news coverage that has been stated by i3e in previous RNS ‘s, also timescales based on their own comments/presentations.

If I do have an opinion then I find it’s best to base it on the facts or statements made by i3 in their posts.

However, I do think that getting news out whilst we still have a bit of momentum and good volume after the telegraph article would be prudent.
Also, particularly with the Clearwater news, we are overdue an RNS and the Serenity farmout has been forecast to conclude by the end of Q3.

I don’t claim to know exact timescales or propose SP forecasts, however I think we would all agree that the intensity of upcoming news should push the SP higher.

GLA

Exciting times ahead IMHO

I would hope we get an RNS this week so we can feed off the back of the telegraph PR.

News to come (presumably this month):

- Clearwater production figures
- Wapiti drilling update
- Simonette update
- Alberta plans (at least some of the 80 wells brought back online, if not a small drilling campaign)
- interim financial results
- Dividend date and amount
- Serenity Farmout (this month marks the end of Q3)

October:
- reassessment of hedged prices.

If the oil price holds or rises then this news flow could be the perfect storm we need to boost the SP much much higher.

GLA

Strong volume and buys outweighing sells nearly 3-1.

The telegraph article should prime unaware new investors to jump on the next positive news. News we are due in abundance

GLA

Thanks Parm. I’ll take a look.

I’ve done my research but always nice to have a second opinion. Don’t worry though, I never invest on the opinions of others. Cheers

Hi there all,

First time posting on here. I’ve done my own research into SYME and it looks very interesting.

I was hoping to get a few reliable opinions on this board, but it is full of inane posts and backbiting banter. Is there anyone on here with a brief overview of the pros and cons of SYME?

As mentioned before, I’ve done my own due diligence, but wanted a third party view.

Looks like we’ll be getting the Alberta Acquisition completion RNS on Monday.

It will be interesting to see how the market reacts to this. With previous announcements, such as the dividend, the SP rose on official confirmation rather than just the proposal. Signs still of slight distrust of the BOD, or distrust of AIM in general.

What would it take for i3 to be promoted out of AIM and into a higher, more regulated market?

They’ve definitely improved their PR approach. Looking forward to a regular almost weekly string of RNS’s as their plans develop and production increases.
Amazing boost with regards to Serenity, and interestingly it does support the rumour from the ADVFN BB mentioned by MissAnna. Viaro/Repsol it is then (maybe!)

GLA and here’s looking forward to a heavy few months of news and SP rises!

Thanks Tony and MissAnna

Sounds pretty imminent. (Fingers crossed)

Hi all

With regards to the serenity farmout, I remember reading it was to be announced in H2, has that been narrowed down to Q3?

DOPW,

How can you not know this? You really must do your research and understand the stock before investing. With 15 mins of basic research you can answer your question. You really need to look at the charts and compare the SP rise dates to the RNS’s.

But to offer a basic summary, I’ve copy and pasted a previous post of mine below, it breaks down the past 10 months:

Let’s look at this analytically and compare the RNS flow to the charts.
The news on 23rd February provided our 1st catalyst to break out from 6p. This was the news that production had exceeded the BOD’s expectations and the new Noel wells were expected to provide 500boepd. Other than that we had heard everything else before in the November 2nd RNS such as intention to pay a dividend and production of over 9000boepd. This helped drive the price to double to 10p+

Then it goes quiet until the next big news the 31st March when the Operational and financial update hit stating Noel was exceeding production at 650boepd.

The price rose and then faltered due to delays owing to the complex nature of the capital reduction to allow the dividend. If you all remember, once again we were frustrated at how slow the news was and we watched the price wobble… Remember i3 releasing news right on the deadline of when they said they would and then missing the deadline regarding the dividend (through no real fault of their own due to the tricky nature of the capital reduction exercise)

The next jump from 9.4p up to 12.3p and onwards towards our 52 week high in the upper 16’s , came with the 17th June dual RNS - a operational update and Canadian reserves post. This covered the wapiti plan and stated that final court confirmation would hopefully go through on 29th June.

On 29th June the courts approved the Dividend and soon after i3 announced the Simonette deal. This propelled us the last few percentage points to our peak.

As you can see, the 10 months from re admission to 52 week high (5p to 16.8p) wasn’t clear cut. The period from 28th august to 23rd February was very quiet with regards to hard news, it was a period of preparation and administration to pave the way for this period of growth we are now in. What drove us up in terms of the SP was a small period of intense activity from 31st March onwards

From the news that drove us to 16.8p, only the Noel wells & dividend have been confirmed and reported on as results rather than plans that are being worked on. We are still waiting to hear results of Clearwater, wapiti and Simonette.
In the coming weeks & months the same intensity of news and production upgrades is going to continue and our momentum will rapidly regain its aggressive rise. But this time we will have a more diversified and derisked company behind it.

The price dropped due to the Alberta acquisition dilution as the placing price was 11p. We are waiting on significant and extensive news in the coming weeks and there are also, I’m sure, new big plans for the