RE:RE:RE:RE:RE:RE:RE:ITEAnd maybe that's in part the problem, London may indeed tie the hands of the management team in Canada with self interest ongoing, doesn't preclude the fact this team is simply a failure in 3 years at the helm, especially considering I3 bought some amazing properties in various key producing regions Alberta and B.C at distrested prices.
I have an updated speculative per share worth to be now somewhere in the .50 - .55 range from with per share value I previously stated at .60 to .70 garnered from a very reliable financial source who only evaluates company values base on financial metrics alone.
If speculation is true on the updated modelsthen as stated by another on this board too much potential to ignore in price appreciation given it currently priced at .20-.22 even if you hold some at .30 as I do.
Why they do not, or maybe they quietly are consider selling off Simonette for say 50 million to Logan LGN the new and fresh SDE spinoff who sits with their property right next door to I3's really would be a boost to interest and maybe share price interest. Sooner or later with now debt Logan is going to go shopping.
Take those monies and further develop their best productiong properties in the Montney and that might finally see them using using their brains.
By the way if they are skim viewing these types of bullboards, :your welcome I3 dummies, lol, and you didn't even have to pay for the good advise lol.
Lastly on a personal note even though it's not traditional market practice in the UK, a reverse split say 1 for 4 or 5 to consolidate share price and gain some further legitimacy might not hurt either IMO also.
Or they just continue to bleed the company out with divy's etc. being a company buying cheap assets in the right places and right time, in Alberta and B.C., we'll see, cheers.