Iog Share Discussion Threads

[flyer61] 04/5/2022 09:06

I smell a placing...

[tom111] 04/5/2022 08:53

Good theory could be at 30p

[dunderheed] 04/5/2022 08:41

Agree MM they will need a bit of cash soon so why not take nice profits so as to enable them to purchase more cheaper and still hold less than 30%?
LSE is alive and well with conspiracy theories, MM and shape shifting lizard masons behind all this!!

[bountyhunter] 04/5/2022 08:40

Down yet again! The only red oil & gas share in the header today. What's going on with this company! No LOG TR1, at least not yet.

[slicethepie] 04/5/2022 08:38

Any large holder who thinks a placing is likely is going to either sell a few or not buy in order to get the placing shares at the lowest price.

[tom111] 04/5/2022 08:28

Probably panic sellers getting out which often happens just before we get a good rise come in very soon.There is no bad news here imo

[marvelman] 04/5/2022 08:26

LOG administrators is my belief Dunder

[dunderheed] 04/5/2022 08:24

Which people?

[marvelman] 04/5/2022 08:21

SP being destroyed by these people

[bountyhunter] 03/5/2022 17:32

Boris Johnson Rules Out Windfall Tax On Oil Companies Despite Bumper BP Profits

[thelongandtheshortandthetall] 03/5/2022 15:03

Henry Hub gas up over $8 now. gas is hot :)

[marvelman] 03/5/2022 14:23

Monty...take a look at what happened to SQZ with its low ball secondary placing, Also they would certainly not be offered to the likes of us also just like at SQZ

[bountyhunter] 03/5/2022 14:06

We've been through why they won't do that at least twice already.

[montyhedge] 03/5/2022 13:37

Place the shares with shareholders offer them say 25p they would be snapped up.

[bountyhunter] 03/5/2022 10:30

I thought it was around 90 initially, with today's RNS stating:
"the chemical injection fault on the Blythe topsides has been temporarily addressed, giving an aggregate production capacity of 75 mmscf/d, which will increase to design capacity once modifications are installed over coming months."

So down a bit but anticipated to rise over coming months, we should hear more by "late Q2" re sustainable rates.

One day we may get a completely positive RNS. That will probably be a takeover one lol, imho!

[officerdigby] 03/5/2022 10:10

Well it's not 99mmscf any more..But now the platform can only do 75 steady?WTF?...No it's good really. Maybe it (steady flow) goes up now.

[tom111] 03/5/2022 09:37

And there was me thinking that we would at least rise 3p this morning,all very strange goings on here.Ripe for a T/O is my guess

[bountyhunter] 03/5/2022 08:36

If we get a TR1 soon we may be able to identify the seller or confirm the LOG administrator as being the spanner in the works!

[marvelman] 03/5/2022 08:29

I wish the seller thought so Bounty but alas he thinks differently (for some reason)

[bountyhunter] 03/5/2022 08:26

Yes pleasantly surprised with plenty of detail, with 'steadily improving uptime rates'.
Also should comfortably escape any potential windfall tax based on reinvestment of profits in BS developments.

[thelongandtheshortandthetall] 03/5/2022 07:30

Great. No banana skins then :)
Plus the reassuring letter from the business secretary all bodes well IMO.

[marvelman] 03/5/2022 07:18

Yes DH, the RNS title being "operational Update" is usually a term meaning "latest problems to tell you about". Steady as she goes for now.

[dunderheed] 03/5/2022 07:14

Whilst lower than I'd hoped for, "quite" happy with where we are (as was concerned more f ups!!) so will go away and hibernate now!