We are replacing our preliminary valuation of i3 Energy, which had been premised on the valuations of GLJ and Sproule, with our own valuation model and our own commodity price assumptions. The resource estimates assumed in our valuation remain aligned with those of i3 Energy's resource evaluators, namely, GLJ, Sproule and AGR Tracs. Our fair value amounts to 15.0p/share, which compares to our prior and preliminary valuation of 17.7p/share. Our valuation is premised on the proven and probable res ....
30 Nov 2020
WHI Morning Comment: i3 Energy (I3E) - Fair Value Update
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WHI Morning Comment: i3 Energy (I3E) - Fair Value Update
i3 Energy Plc (I3E:LON) | 12.6 0 (-0.9%) | Mkt Cap: 151.6m
- Published:
30 Nov 2020 -
Author:
Brendan Long -
Pages:
5
We are replacing our preliminary valuation of i3 Energy, which had been premised on the valuations of GLJ and Sproule, with our own valuation model and our own commodity price assumptions. The resource estimates assumed in our valuation remain aligned with those of i3 Energy's resource evaluators, namely, GLJ, Sproule and AGR Tracs. Our fair value amounts to 15.0p/share, which compares to our prior and preliminary valuation of 17.7p/share. Our valuation is premised on the proven and probable res ....