RE: Lets Look on the Bright side10 Oct 2022 11:28
There certainly is a bright side.
Imagine how this news would have been received if I3E was the old (pre-Canadian) failing oil explorer? I was a holder in those bad old days too and I can tell you there would be an immediate requirement for a capital raise, which would be a doubtful proposition in this market.
Basically, the company would be toast on this news, at least as far as current shareholders were concerned, whereas today we're only down 11%. Happy, happy days!