Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Gasx going to be huge
Oh £1.75 , I feel like I’m being robbed by my broker ther , lol .
Re direct access, I understand that issue but that implies a larger trader, was this the equivalent of doodling , every few seconds buying a £100 more cos they are board or is it secret messages to their mates? Lol
Oct-21 12:10:58 12.79 781 Buy* 99.89 O
20-Oct-21 12:10:38 12.79 781 Buy* 99.89 O
20-Oct-21 12:10:21 12.79 781 Buy* 99.89 O
20-Oct-21 12:10:06 12.79 781 Buy* 99.89 O
20-Oct-21 12:09:48 12.79 781 Buy* 99.89 O
20-Oct-21 12:09:33 12.79 781 Buy* 99.89 O
20-Oct-21 12:09:19 12.79 781 Buy* 99.89 O
20-Oct-21 12:09:04 12.79 781 Buy* 99.89 O
20-Oct-21 12:08:51 12.79 781 Buy* 99.89 O
20-Oct-21 12:08:35 12.79 781 Buy* 99.89 O
20-Oct-21 12:08:17 12.79 781 Buy* 99.89 O
20-Oct-21 12:07:34 12.79 781 Buy* 99.89 O
20-Oct-21 12:07:13 12.79 781 Buy* 99.89 O
20-Oct-21 12:06:53 12.79 781 Buy* 99.89 O
20-Oct-21 12:06:40 12.79 781 Buy* 99.89 O
20-Oct-21 12:06:22 12.79 781 Buy* 99.89 O
20-Oct-21 12:05:48 12.79 781 Buy* 99.89 O
20-Oct-21 12:05:34 12.79 781 Buy* 99.89 O
20-Oct-21 12:05:19 12.79 781 Buy* 99.89 O
20-Oct-21 12:05:02 12.79 781 Buy* 99.89 O
20-Oct-21 12:04:47 12.79 781 Buy* 99.89 O
20-Oct-21 12:04:31 12.79 781 Buy* 99.89 O
20-Oct-21 12:04:14 12.79 781 Buy* 99.89 O
20-Oct-21 12:04:00 12.79 781 Buy* 99.89 O
20-Oct-21 12:03:44 12.79 781 Buy* 99.89 O
20-Oct-21 12:03:27 12.79 781 Buy* 99.89 O
20-Oct-21 12:03:12 12.79 781 Buy* 99.89 O
20-Oct-21 12:02:57 12.79 781 Buy* 99.89 O
20-Oct-21 12:02:42 12.79 781 Buy* 99.89 O
20-Oct-21 12:02:30 12.79 781 Buy* 99.89 O
20-Oct-21 12:02:16 12.80 781 Buy* 99.97 O
Hoping the person buying in £100 lots see this and can understand that with execution costs and the spread they are probably loosing about 12.5% per trade - not clever - just lump it together pall and do one trade save yourself hundred in trading costs . Just a thought
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Why would anyone trade this way.
Oct-21 08:50:22 13.079 382 Buy* 49.96 O
18-Oct-21 08:50:03 13.08 382 Buy* 49.97 O
18-Oct-21 08:49:46 13.079 382 Buy* 49.96 O
18-Oct-21 08:49:26 13.08 382 Buy* 49.97 O
18-Oct-21 08:49:11 13.079 382 Buy* 49.96 O
18-Oct-21 08:48:57 13.08 382 Buy* 49.97 O
18-Oct-21 08:48:33 13.079 382 Buy* 49.96 O
18-Oct-21 08:48:19 13.08 382 Buy* 49.97 O
18-Oct-21 08:48:05 13.08 382 Buy* 49.97 O
18-Oct-21 08:47:51 13.079 382 Buy* 49.96 O
18-Oct-21 08:47:34 12.86 16,261 Sell* 2,091 O
18-Oct-21 08:47:32 13.08 382 Buy* 49.97 O
18-Oct-21 08:47:19 13.08 382 Buy* 49.97 O
18-Oct-21 08:46:55 13.08 382 Buy* 49.97 O
18-Oct-21 08:44:56 13.08 382 Buy* 49.97 O
18-Oct-21 08:44:31 13.08 382 Buy* 49.97 O
18-Oct-21 08:44:13 13.08 382 Buy* 49.97 O
18-Oct-21 08:43:58 13.08 382 Buy* 49.97 O
18-Oct-21 08:43:45 13.08 382 Buy* 49.97 O
18-Oct-21 08:43:32 13.08 382 Buy* 49.97 O
18-Oct-21 08:43:01 13.00 15,000 Buy* 1,950 O
18-Oct-21 08:42:07 12.9555 16,116 Buy* 2,088 O
18-Oct-21 08:32:14 13.085 549 Buy* 71.84 O
18-Oct-21 08:31:45 13.0888 382 Buy* 50.00 O
18-Oct-21 08:31:32 13.0888 382 Buy* 50.00 O
18-Oct-21 08:31:17 13.085 382 Buy* 49.98 O
18-Oct-21 08:31:00 13.0888 382 Buy* 50.00 O
18-Oct-21 08:30:45 13.0888 382 Buy* 50.00 O
18-Oct-21 08:30:32 13.085 382 Buy* 49.98 O
18-Oct-21 08:30:11 13.0888 382 Buy* 50.00 O
18-Oct-21 08:29:56 13.085 382 Buy* 49.98 O
18-Oct-21 08:29:39 13.0888 382 Buy* 50.00 O
18-Oct-21 08:29:16 13.10 381 Buy* 49.91 O
18-Oct-21 08:29:00 13.1499 380 Buy* 49.97 O
18-Oct-21 08:28:37 13.10 381 Buy* 49.91 O
18-Oct-21 08:27:58 12.9999 384 Buy* 49.92 O
18-Oct-21 08:27:44 12.9999 384 Buy* 49.92 O
18-Oct-21 08:27:29 12.9999 384 Buy* 49.92 O
18-Oct-21 08:26:47 12.9999 384 Buy* 49.92 O
18-Oct-21 08:26:00 12.9999 384 Buy* 49.92 O
18-Oct-21 08:25:56 13.40 500 Buy* 67.00 O
18-Oct-21 08:25:43 12.95 386 Buy* 49.99 O
18-Oct-21 08:25:31 12.95 386 Buy* 49.99 O
18-Oct-21 08:25:17 12.95 386 Buy* 49.99 O
18-Oct-21 08:25:04 12.95 386 Buy* 49.99 O
18-Oct-21 08:24:48 12.95 386 Buy* 49.99 O
18-Oct-21 08:24:30 12.95 386 Buy* 49.99 O
18-Oct-21 08:24:10 12.95 386 Buy* 49.99 O
18-Oct-21 08:23:51 12.95 386 Buy* 49.99 O
18-Oct-21 08:23:16 12.95 386 Buy* 49.99 O
18-Oct-21 08:22:59 12.95 386 Buy* 49.99 O
18-Oct-21 08:22:55 12.95 35 Buy* 4.53 O
18-Oct-21 08:22:45 12.95 386 Buy* 49.99 O
18-Oct-21 08:22:25 12.95 386 Buy* 49.99 O
18-Oct-21 08:21:56 12.95 77 Buy* 9.97 O
18-Oct-21 08:21:44 12.95 386 Buy* 49.99 O
18-Oct-21 08:21:31 12.95 386 Buy* 49.99 O
18-Oct-21 08:21:28 12.95 77 Buy* 9.97 O
Yes Tony, I have, as they have been announced, but I must admit to not going back 2 years recently to look but , I did catch latest long video, twice
And it doesn’t Really tell me
How many barrels of oil a day would be produced from the 200 million barrels currently sitting out in our North Sea acreage, maybe I just can’t see the wood for the trees, sounds to me as if you may know the answer and just want to see me doing my homework , you’re not my dad are you? lol
Thanks again Tony .
Do we know how many million barrels the Canadian assets contain ?
What is the number of barrels we hoping to generate per day based on the 196 million barrels anticipated in the North Sea, sorry if these are stupid questions I just don’t know if this is a known at the moment?
I’m wondering if we have already built in the potential of the serenity and north see area in general or if news on this area with catapult us into a new price range altogether, i don’t know how to find the answer, however I believe it must already be calculated into todays SP and if that is the case would any news of farmouts of this area make any significant difference to our share price?
Thanks tony
Thanks Tony,I did see this also .
Do we know what we may expect with regards to SP if the serenity well performs as expected?
https://www.energyvoice.com/oilandgas/north-sea/352366/i3-energy-serenity-appraisal/
https://www.energyvoice.com/oilandgas/north-sea/352366/i3-energy-serenity-appraisal/
Good morning i3ers , at the risk of sounding extremely under researched, is anyone able to tell me what is happening with our serenity play, I can’t find anything solid, is it stills considered “the company maker” ??
Thank you Aj1409much appreciated
Sorry can anyone tell me when the Divi is due - I know the exdivi date just not sure when it lands in accounts- thank you in advance
Seriously £1.50- is this realistic ?
Yes I used to drink in the observatory with bob we used to make him leave the whailers outside with ringos sisters anuties dog - he was a howler .
Oops never mind,
Nice to hear he still in the game and plans to keep as a Divi stock - enjoy the egg!
Ffit you may as well pack your bags and leave now, you have sold your interest and what now you feel the need to tell us all your thoughts, well gues what we haven’t bottled it, we know what’s coming, so we thank you for your shares and bid you farewell, onto pastures new for you, honestly we will be fine without you, good luck in your new venture, let us know when you make your fortune, byeeeee xx
For those who didn’t see the download
I3 Energy (ITE.TO)
2022 Flat Production 18,400Boepd @ $80WTI
(Production as of 09/18/21 = 18,741Boepd)
Prices in USD
WTI- $80
WCS ($13 Diff) = ($80 -$13) = $57
Ed Sweet ($3 Diff) = ($80 - $3) = $77
NGL (55% WTI) = ($80*0.55) = $44
NG = $3.50 / NG Boe ($3.50 x 6) = $21
OIL(Blended) = ($77*0.29) + ($57*0.71) = $71.20
Blended Oil from Doc Miribaud weighting (29% WCS/71% Ed. Swt)
Production(18,400)
19% OIL = 3,496 Bbl/d
28% NGL = 5,152 Bbl/d
53% NG = 9,752 Boepd
**Pipeline Revenue and Cash Costs have simply just been Doubled from the recent financials**
** Doesn’t account for Hedging, or increased production, or Synergys **
** Numbers rounded and more than likely Fu**ed Up**
REVENUE(USD)
OIL – 3,496*365*$71.20 ?= $90.85M
NGL- 5,152*365*$44??= $82.74M
NG – 9,752*365*$21??= $74.75M
Pipeline $4M*2??= $8M
?TOTAL REVENUE?= $256.34M USD
CASH COSTS
Operations Cost - $19.05M*2 ??=$38.1M
Production Taxes(10%) - $256.34*0.1?=$25.63
*10% Tax taken from Doc Miribaud, Not working in Tax Pool*
G & A Cost - $9.25*2????=$18.5M
Interest Costs - $4.88*2???=$9.66M
*I believe Interest is included in FCF, stripped out anyways*
Capital Expenitures - $13.2*2???=$26.4M
*Including A & D*
??TOTAL COSTS???=$118.29USD
FREE CASH FLOW = $256.43 - $118.29 ?
???FCF = $138.11M USD
???FCF = 174M CDN
Following in Canadian Dollars
FCF = 174M
O/S = 1100M
Current SP = 24c
30% FCF = $174*0.3 ?=$52.2M
2022 Dividend = $52.2M / 1100M Shares
2022 Dividend = 4.7c
2022 Dividend Yield = 4.7c / 24c
*Using the current share price, meaning what you can Pay now*
2022 Dividend Yield = 19.5%
Enterprise Value(EV) = 264M + 36M – 8.2M = 291.8M
?CURRENT? MARKET CAP DEBT CASH & CASH EQUIV
EV/ FCF = 291.8M / 174M
2022 EV/FCF = 1.68X
**@ 80WTI I3 Energy and all its debt could be bought back in 1.68 Years**
FCF YIELD = 174M / 264M
2022 FCF YIELD = 65.8%
Dopw if that is how we’re going to go then this will be the investment of a lifetime for many , I hope it’s right