Lekoil Share Discussion Threads

[alamaison] 20/9/2016 09:48

Just bought another £3k

[jailbird] 20/9/2016 09:15

My wishful forecasting, which may be not far off I feel.
Once 20p is broken, then we will hover between 20-30p.
Then next news, 10k+ BOPD confimation, we will break 30p

[alamaison] 20/9/2016 02:30

Few weeks. But who knows?
Anyway, the value of LEK has been depleted due to the delay to get this oil out.
One year to be precise. Now; re-rate time.

[wulber] 19/9/2016 21:32

When is news expected?

[jailbird] 19/9/2016 17:47

Ok just seen the volume .Big volume is the signal, we are finally on the move.

[alamaison5] 19/9/2016 15:38

24p target for now

[gray1107] 19/9/2016 15:18

36m shares just went through.

[alamaison5] 19/9/2016 12:05

We are in the clear.

[jailbird] 19/9/2016 10:56

volume again today..11m already today

[alamaison] 18/9/2016 03:04

Looking at the last few sessions massive volume; we know that something is about to happen.
I bet on a re-rate.
Check AMER, I am fully loaded there too! New pipe line. Cost reduction of extraction reduced down to $16 from $23/5!
They are producing 6,000 bopd.
Made good return with PANR, and may get in again next week.

[coxsmn] 17/9/2016 18:23

Alamaison,

We could start to see a pick up in the share price ahead of start of production.

I'm continuing to add here.

Dyor.

[alamaison] 17/9/2016 02:47

cox:
These people trying to pretend to know or assume that LEK will issue new shares do NOT understand LEK at all. This is NOT a RRL, GKP, EXEL.
Lets enjoy life as it comes, you're right Cox.
But, please can we please move away from that boring 17p? ASAP?

[coxsmn] 16/9/2016 17:30

Few points you may have missed,Firstly the company has to date stood by its policy of raising funds without dilution to shareholders. Secondly more wells next year means higher profits. Thirdly lets first look forward to start of production, some strong cash generation and a re-rate of the share price in the coming few weeks.Dyor.

[jailbird] 16/9/2016 16:23

Big volume trades again today

[ngms27] 16/9/2016 16:17

What a load of tripe.

They are going to have to dilute massively or raise capital for the 7 new wells. Thats a fact, cash flow won't cover this.

[coxsmn] 16/9/2016 15:33

Start of commercial oil production within the next few weeks will generate strong cash flow to the business. Low cost producer with world class assets.

SP valuation currently at a huge discount to NAV.

Dyor

coxsmn

[alamaison] 16/9/2016 12:18

FLIRKER 16 Sep '16 - 11:18 - 3258 of 3258 0 0 (Filtered)

See? It's simple!
xxx

[flirker] 16/9/2016 11:18

Just because someone posts a negative doesn't make them a lady part so stop being a child. It's more constructive then your dribble about mm's games and phantom rns's. Lek obviously going to need more capital wether debt or share issue so valid point. The cash/debt they currently have ain't enough for 7 wells. Sure management will come up with something canny though as the past has proven.

[alamaison] 16/9/2016 10:27

I bought more AMER. See you on this board perhaps?

[jailbird] 16/9/2016 09:21

ngms27
Read the RNS' for gawd sake

[alamaison] 15/9/2016 15:33

alamaison 15 Sep '16 - 08:38 - 3246 of 3252 0 0 Edit
LEK: Massive order coming at 17p.

WELL 16.66 IT WAS...

[jailbird] 15/9/2016 15:23

Big volume

[alamaison] 15/9/2016 13:44

I have never witnessed such a tight spread with LEK.
The lack of AT buy trade (shame) shows that they still haven't got enough share to let go.