UK 06:29 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I commented on I3Energy (I3E) after the results of the Liberator LPt-02 well were released back in September. I questioned if the planed drill sequence would be changed with Serenity being drilled prior to the A3 Liberator well – subsequently it was. I questioned what, if any 3rd party certified reserves the company would have at Liberator to back the proposed RBL, and suggested it could be none. I rather think I was largely correct in that view, but the situation is now confirmed far worse in my view. Whatever the rocketing share price indicates...
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