I3e book value and price targetI3e nuber of shares 700M
Assets net
TEI 10M$CDN
Gain 35M$CDN
I3e 47M$CDN
TOTAL I3e = 92M$CDN or 0.13$CDN
Estimated profit for 2021
TEI 3.5M$CDN
GAIN 33M$CDN
I3e (3.5M$CDN)
Total 33M$CDN or 0.047$CDN
Maximum value of I3e 0.28$CDN = 0.047 x 6
0.28$CDN is equivalent today (October 31,2020) at 0.008$CDN per TEI share (145M TEI shares)
Conclusion I3e share price will double in the next 12 months to 0.10 British pound