Member Info for tomhuk2000

Great news, however they need to start plugging this with a big PR campaign. Starting with a proactive investor interview and start spreading the word!

They’ve done a cracking job and now need to shout about it!

Interestingly, a few minutes ago Lombardia ditched a load of shares in Futura medical, (one of my other holdings).

When I saw the holdings RNS I anticipated it was more selling. Good to see them topping up

Today I3energy is Canaccord Genuity’s “top pick”.

No new price target yet but positive nonetheless.

Let’s hope we have a strong day tomorrow. GLA

And the price goes down?! I was expecting some form of uptick

https://www.theguardian.com/environment/2021/mar/24/uk-government-to-allow-new-north-sea-oil-and-gas-exploration?CMP=Share_iOSApp_Other

I agree, not long ago a sell off like this would have floored us.
I can only presume that the BOD are holding back the divi RNS so they can tie in a little bonus news item. Probably not the FO, but perhaps more drills?

I topped up again today with a chunk. It would be nice if the RNS was delivered tomorrow. GLA

Just looked on Loop Up's website and they have stated that half year results are on 30 June and Full year 31 December.

https://loopup.com/en/investors/financial-calendar-reports/

After a great couple of weeks we are nearing double figures. However, for me the most encouraging aspect of recent events has been the stability of the UK SP when rises occur.
Not so long ago any significant rise was followed by a gradual decline as small profits were milked.

This time it appears trust and interest is gathering momentum and gains are sticking. Couple this with the offering of a dividend and we are looking at a whole new generation of long term investors buying into I3e (many of whom will not carry a ingrained mistrust of the BOD)

We all know that AIM is sentiment and trust driven, and i3Energy still have a way to go to win everyone over. But they are starting to inspire confidence and the outlook is significantly derisked compared to last year.
I3energy’s metrics stack up and have for a long time looked great... Now, with a strong wind of confidence building behind them we could see SP rises in response to positive news that far outweigh the asset values.

AIM is a knee jerk reactionary market that buys into confidence, not always hard facts and numbers. We’ve seen several market overreactions to not-so-bad news, so we may see an equally positive overreaction soon when the Dividend and FO RNS’s hit.

GLA

Thanks Tony.

I’m holding at least until the FO news is released. Even if I do sell then I’ll probably hold onto a proportion of my total for when it’s producing.

Have a good weekend

Are you including the serenity farmout in the 16p fair valuation?
If not, what are you anticipating? (Based on a decent deal)

Me too Tony. I wonder what his agenda is? Did he lose a pile of money on i3e?

Hi Tony. Here you go, he hasn’t blocked me yet lol

i3 Energy (I3E) announced an operational update. Production at its newly acquired Canadian portfolio remains stable with November 2020 to January 2021 averaging 9,150 boe/d. Forecasted 2021 net operating income (revenue minus royalties, opex, transportation and processing) is approximately $27.6 million based on mid-February strip pricing and an estimated maintenance capital budget of approximately $2.4 million. I3E’s stated intention is to declare a maiden dividend in Q1 2021 and many think it looks cheap, but after the North Sea debacle this management has to earn back a lot of trust.

Even Oil Man Jim has to admit the outlook appears Rosey... In his own begrudging i3Energy hating way.

http://**********************/2021/02/senx-i3e-88e-ptal-char-coro-echo-sou.html

Blimey! Tomorrow can’t come soon enough!

What a rollercoaster it’s been. Well done everyone for staying moderately sane!

TSX listing up nearly 24% so far!

Looking forward to tomorrow

“ The Company intends to provide regular quarterly updates starting with a summary of Q1 to be released in the second half of April 2021.”

A nod to our collective frustrations perhaps?!

It will be interesting to see how the Canadian listing reacts at 14:30.
Agree GGG, a sounder nights sleep will be had by all

GLA

God it’s good to see 7p again

Hold Hold HOOOOOOOLD!!! Lol

Also the chances of the farmout going through have been given a massive boost. With more faces round the table and POO on the rise, the deal they strike should be far more competitive.
Not long ago it felt like they’d have given the shirts off their backs to secure any sort of deal.