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Bullboard - Stock Discussion Forum i3 Energy Plc. T.ITE

Alternate Symbol(s):  ITEEF

Energy Oil & Gas E&P
i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and development assets in the North Sea with significant upside. The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low... see more

TSX:ITE - Post Discussion

i3 Energy Plc. > New Loan and other news
View:
Post by nearpeakfreak on Mar 25, 2024 12:42pm

New Loan and other news

This is great news about the new loan with a Canadian Bank. It should free up captal to see some drilling plans in the Clearwater and possibly later on in the Montney. The 2 plays that make sense developing at low gas prices. Even better is the news that we will ( starting with the first quarter be reporting results under Canadian repoting rules). This should attract Canadian investors to this undervalued stock. I have been wating for this a long time.

NPF
Comment by PabloLafortune on Mar 25, 2024 8:03pm
They are simply correcting what was a mistake (although perhaps necessary at the time). Having to repay so much principal like that totally handcuffed them capex wise. Good on them.
i3 Energy Plc.
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