Member Info for tomhuk2000

You should for sure. I know a lot of investors who would sign up for I3E info alone

Swazer It would be good To hear your thoughts on I3E too.

I’ve a Big holding there and it’s just suspended on AIM to takeover Toscana energy

Thanks Harel. I was trying to clarify what Oiler was referring too as it sounded as if we shouldn’t be at all concerned lol

So just to clarify, this is a win win. If they vote yes I3E take over the company and it’s assets.
If they vote no, then we don’t take over the company but we receive the benefits of the debt takeover, Eg the tax upside etc?

Let’s also remember Bybrook Capital have a bundle @ 35p

With serenity alone the idea that the company would go bust is preposterous. Take into account the potential upside of the Toscana deal, and all of the potential assets in Liberator And we are onto a winner.

The farmout deal is crucial, but it’s not a case of if, but how much and how good a deal we can get

What sort of rerated SP and MCAP would you estimate then?

What sort of volume?

It will be secondarily listed on tsx but will continue on AIM

At this rate and with a serenity farmout and secondary listing what would you estimate the MCAP and SP to be?

As far as I’ve researched that is what I understand to be the status as well.
It certainly will be a boost if it goes through and the POO continues it’s recovery

It’s certainly been long enough for me! I’ve aged 7years in those 7months at least.

Now buys outweigh sells at 24 to 1.

Buys currently outweighing sells 10 to 1. Seems to be a bit more movement today. It would be nice to finish this week 7p+ taking us into the week prior to the AGM with a bit of momentum.
Ive been a holder since November 28th 2019 when I thought the lowest it drop was 12p. It’s been a long 7 months... here’s to some good news and a healthy rise!

Buys currently out weighing sells at nearly 2 to 1

Interesting trading activity on here today. Lots of small sells and the one large 175,000 share buy towards the end closing on exactly the same amount bought as sold.

Me too! I am waiting with baited breath hoping that the delay is them waiting for an oil price recovery.

Their assets and the Toscana deal have them looking pretty undervalued but nothing will move without that damn RNS.

I’m hoping the AGM will be the catalyst for some news

It certainly seems possible. There has been a steady momentum building this week. Let’s hope it carries through to Monday and beyond. If we reach 8-10p before any farmout news then the chances of the sp reaching 30p+ seem more likely.
Forecasts for oil prices are very encouraging also

All indexes pointing to a very strong open and Brent now on the march up towards $41. Opec + to extend cuts, larger reductions from the US, along with the issues with the Gulf of Mexico, with a storm taking off significant production offline for now - all fueling this move.
Hopefully!

Crikey... When I saw there was an RNS I nearly sh*at myself... Turns out it was a damn price monitoring extension! lol

Very interesting buying going on too

Well, I think we’re all waiting with baited breath. Given ominous silence it is hard not to feel negative. however, despite the BOD’s lack of communication skills the situation is far more positive than it feels.

Currently, the oil prices are rising and intern making the Toscana deal far more appealing and less nearsighted than previously thought. With regards to it, it appears that I3 will continue to turn a profit from it.
Despite the deadline of 90 days for the Dolphin deal, only hope that this will still be active.
Given serenitys proven status and the rising oil prices the prospect of a fairer farm out deal is far more possible. Perhaps the BOD has been right in holding out and remaining quiet for so long with regards to the farm out as they have been waiting for the oil prices to recover and the Covid issue to ease.

I sincerely hope this is the case. With a more objective mindset I would have also held out for a better deal in a better climate too. However the silence is infuriating