Member Info for tomhuk2000

Hi there,

I have been observing the messages on this board for the past four months, since I started to invest in i3E.
I bought in at 13p and I’ve since been topping up to the point where I’m averaging at around 10p with 350,000 shares.
I completely understand the position of all sides with regards to this stock. However I believe that a more measured approach is required to see this stock accurately.
It wasn’t long ago that the stock was priced it over a pound and was highlighted as a strong buy with a target price of 250p. This seems like another world away.

However, the AIM market is extremely volatile and prone to knee-jerk reactions that far outweigh the accurate valuation of a company. It is a market that takes sentiment as equal to Hard facts and numbers.

I believe that I3E has been extremely unlucky with the current climate surrounding oil and the coronavirus, it hasn’t had much luck with the Liberator field and its board of directors could have been more forthcoming with news and updates to settle peoples concerns.

However the positives are there. I3E have two potentially viable fields, serenity ripe for a farm out and liberator as a future concern. dolphin have signed up for a four year agreement with them and Bybrook bought up the 36.5pm warrants in December. On top of this a secondary listing is on the cards.

I think I3E have taken a real battering when actually there are many positives. Harel who posts on this board seems to have the right angle on this stock. His research is extensive, accurate and he is rightly cautious and objectively optimistic in equal measure. Despite increased risks due to the oil prices and coronavirus, I will continue to purchase these shares as I genuinely think that in the long term they will yield a significant profit.

Just as the AIM markets react dramatically to negative news, it also reacts with equal drama to positive news. lets hope some positive news comes soon!