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What does this mean. Hard to know if good or bad news?

RNS is due on Monday. They won’t miss the deadline set of 15th for the capital plan as already late vs other companies but have Q1 behind them so may tie in with an ops update.

Canada starting to sell 😭 hopefully only ex div fall🤞

Let’s see some large director buys to give confidence to shareholders.

Nice debrief Highlandmatt! Think this drop highlights the ‘fear’ factor here. Nothing has changed in the fundamentals, only noise around a Qtr over Qtr drop which in Q1 is not unusual anyway and ramp up tend to happen throughout the fiscal year.

I guess news was not “exciting enough” and Q1 output reduction taking precedence.

Really this news was neutral and not worth the overreacting drop. It will come back to high 40’s in a couple of days so worth a top up as guidance has not changed, loan is secured and production ongoing….

Very odd the price is still here. I am in I3 as well and both similarly undervalued and a similar story with lack of good PR.

I suspect many will be kicking themselves next week from selling this week as the discount we have now will disappear. GLA.

You are right Tony I stand corrected.

It’s still hanging over us though….

Serenity is still hanging over us….when we were 21p this was still en route. I think now with a lack of a plan presented we still remain undervalued once the plan hits with some clear guidance it may still rock back to 16p.

GLA starting to go up again🤞

A year ago we were 66 and now 50ish! Difference now is more certainty and revenues up >33% Q4.

Stay strong all! Good news imminent

Petered out….lets hope back towards Sep value of 15p soon.

Second wave. Will it hit 12p

Was going to put more in and the same happened. Nice to see finally moving up. Need it to be constant now and not fall back to the dark days.

I would assume it’s with the capital plan but 15th would be late.

Huge clean up in 2023 with no CFO. Great asset base and undervalued.

Some concerns over Serenity and how much we will spend here but other than that bad news should be behind us.

All sounds like focus has been on cost optimisation and the CFO has done a great job giving the company a good platform to grow.

The capital program will be next month now which is a shame as thought was due this week but hopefully shows some positive news on the back of this with a focus on Oil which is more profitable 👌

Thanks Tony…

Tony do we know if I3 have Serenity capitalised on the books and if we may see an impairment of this on the books. I guess this is factored into the share price but it’s a risk.

Thanks. Thought the dividend declaration last time can in Jan and was paid in Jan.

Let’s hope we get good news next week😬

Do we know when an announcement will be made?

All the bad news is out the way…..rest is just gravy