I3 ENERGY PLC ORD 0.01P

LSE

I3E

Massive amount of newsflow to come before drill summer campaign. Cash in hand. no warrants, Lombard bought more, JV / farm out partner to come, appraisal well, production well & exploration well to come 60p to 75p target & make sure you slice along the way to protect profits.

Be mindful if those areas but I think we could have a relief rally before any consolidation, any glimpse of good news will boost the price easily as dip was over-reaction from MM's. Unbiased but follow story.

Prediction: Share will pull back to 112.5 - then consoldiate at 113 - Building for funding news.