Lekoil Share Discussion Threads

[alamaison] 06/3/2017 13:40

Yep, and still 22p within days. 23p to buy, lol.

[coxsmn] 03/3/2017 19:07

Latest forecasts:

Dec'17:
Revenue £118M and £22.7M profit
pe=5.6

Dec'18:
Revenue £225M and £45M profit
pe=2.8

Dyor.

[coxsmn] 03/3/2017 14:35

It's time for this silliness to end.

Dyor.

[alamaison5] 28/2/2017 13:08

SAVP: How do we say again? Multi-bagger?
First tranche complete...More to come...

Transaction Complete
Share Name Savannah Petroleum PLC ORD GBP0.001
Order Type At Best Buy
Account Trading Account
Symbol LSE:SAVP
ISIN GB00BP41S218
Settlement Date 02-03-2017
Trade Details
Quantity 5585

[alamaison5] 27/2/2017 11:02

22p here I come, lol

[alamaison5] 24/2/2017 16:34

Sold the lot. If 26p breaks then 24p then 22p...

[coxsmn] 22/2/2017 21:16

Recent articles:http://sweetcrudereports.com/2017/02/15/nigeria-looking-beyond-opl-310-debacle/http://m.guardian.ng/energy/otakikpo-marginal-field-to-evacuate-crude-oil-soon/"He hinted that the field has the capacity to add about 10,000 bopd to national production within a short period of time."dyor.

[newbytothis] 21/2/2017 20:13

5k bopd for February only Rising to 8350 According to this article http://allafrica.com/stories/201702180218.html

[newbytothis] 21/2/2017 19:36

And ...http://dailynews.nigeriannation.news/2017/01/04/green-energy-set-to-empower-fishing-communities-with-n2b-electricity-project/

[newbytothis] 21/2/2017 19:24

Also ...http://energymixreport.com/firm-to-use-otakikpo-marginal-field-gas-for-power-generation-in-communities/Has this been mentioned before ?

[newbytothis] 21/2/2017 19:16

Isn't the $4m payable by lec and partner after 1st month of over 2kbopd ?

[alamaison] 21/2/2017 19:11

But where is the $4m box?

[alamaison] 21/2/2017 19:11

YSTE: Thanks for the update. I like it, much better.
Very conservative too, against these stupid statement from previous RNS.
Strong points: breakeven below $30
We can produce 18,000 bopd!
OPL 310 andd 325: Oil in place is 6.5 billions barrels
and more...

If/when we will get "ministerial consent" this will shoot up to over £1 you'll see.
Planed for Q2.

[ytse] 21/2/2017 17:06

Hi alamaison
Probably they prefer on purpose to reveal news progressively

[alamaison] 21/2/2017 17:05

At least we have a buyer.

[coxsmn] 21/2/2017 12:22

Oil rises to $57 today as Opec aims for deeper output cuts. dyor.

[jailbird] 21/2/2017 07:22

I know CoxBut I think until those prospects are derisked , then it best to exclude those , the market has not included upto now

[coxsmn] 21/2/2017 06:45

Valuation isn't purely based on producing assets and as we know Lek has vast reserves not yet producing.

Dyor.

[jailbird] 21/2/2017 05:14

Co is worth 135M mkt cap...producing 5k bopd..,.I think this will not reach 30p now until it can show it can produce 10k bopd...Q2 is the target, but their track record disappoints to meet their target dates, so not holding my breath.

[ytse] 20/2/2017 20:36

Hi coxcmm
News were relatively good indeed
So I don't understand the price drop
I would expect a movement towards 30 instead

[coxsmn] 20/2/2017 20:32

Today's news gave plenty to be excited about, oil finally in production and a new finance director in place. The company looks to be on a good course and share price will look after itself now the profits start to flow.dyor.

[coxsmn] 20/2/2017 19:47

alamaison (filtered).

[ytse] 20/2/2017 17:34

I don't understand what happened todAy
Were not the news good enough? Or Sth emse