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Share Name Share Symbol Market Type Share ISIN Share Description
Lansdowne Oil LSE:LOGP London Ordinary Share GB00B1250X28 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 1.60p 0 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.55p 1.65p 1.60p 1.60p 1.60p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -0.35 -0.10 10.6

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Lansdowne Oil (LOGP) Discussions and Chat

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Date Time Title Posts
07/12/201822:13LOGP Lansdowne oil & gas4,437
30/11/201809:22Landowne Oil...the free speech thread2,726
20/3/201711:47Landsdowne with Charts & News24
03/6/201523:23The Lighten upu Wanker:) Lansdowne Manuscript16

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Lansdowne Oil (LOGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-12-10 16:30:571.5550,000775.00O
2018-12-10 16:20:581.55100,0001,550.00O
2018-12-10 13:37:451.57100,0001,570.00O
2018-12-10 11:21:121.6326,625433.99O
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Lansdowne Oil (LOGP) Top Chat Posts

Lansdowne Oil Daily Update: Lansdowne Oil is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker LOGP. The last closing price for Lansdowne Oil was 1.60p.
Lansdowne Oil has a 4 week average price of 1.43p and a 12 week average price of 1.40p.
The 1 year high share price is 2.95p while the 1 year low share price is currently 0.83p.
There are currently 661,849,846 shares in issue and the average daily traded volume is 1,039,398 shares. The market capitalisation of Lansdowne Oil is £10,589,597.54.
papillon: "My bigger concerns are the compartmentalization risks which for me are a lot higher than anyone thinks" Fair enough, bones698. Obviously the APEC consortium believe the risks are a lot lower than what you think and are obviously prepared to back their judgement with around US$200m of hard cash. I don't know if you have any oil industry expertise, but I don't think that APEC would have closed the farm in deal without paying for the opinion of oil industry experts and geologists. Only time will tell who is correct, you, or the experts APEC employed. I have absolutely no idea whether your fears are justified, or not, since I have NO oil industry expertise whatsoever. Obviously how rapidly LOGP's share of the appraisal costs are repaid will depend on the prevailing PoO and gas price during the early years of production and that's something no one can predict. Holding & buying LOGP is obviously a gamble. It's a gamble on next years appraisal well program and the PoO & gas when (and if) production starts. Unfortunately when a share price is rapidly rising some buyers only see the positives, but when the share price starts to fall they start having doubts and begin to see the negatives. If you look back over the last 12 months you will see the LOGP share price spiked up on the initial farm in news around 11 months ago, but that enthusiasm soon dissipated and the share price quickly fell back. The same happened around 8 months ago when the APEC deal was announced, subject to closure. Then the 3rd spike up was 2 months ago on the farm in deal being closed and this time the rise was more long lived. However the share price has now started to fall back from that 2.95p intraday high. Possibly because many buyers have already filled their boots and the falling share price makes a few nervous holders sell. The daily volume has fallen inline with the share price I await the next news!
papillon: "I doubt it will be the case that LOGP's share price will flat-line, albeit with oscillations, until the appraisal well program starts next year. I expect news flow before then, starting with preparatory work, securing rig and supplies etc, to give a boost that confirms the development is on schedule." >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> But isn't the "preparatory work, securing rig and supplies etc" WHEN "the appraisal well program starts", Divmad? I think it is and that's what I meant in my post when I posted "I don't expect any fireworks from the LOGP share price until next year when we get closer to the appraisal well program starting". I don't expect further SIGNIFICANT news on Barryroe until the New Year that would impact the LOGP sp; you obviously do.
papillon: "Ignore the daily share price fluctuation, focus on the market cap" But the Mkt Cap depends on the share price, phoebusav, so the Mkt Cap will go "up and down" in line with the fluctuations in the sp I think it's unwise to ignore the daily share price fluctation because it's beneficial, moneywise, in timing your share purchases (or sells). Don't forget some punters paid 3p per share just a few weeks and today some punters only paid 2.10-2.14p per share. I know what price I'd prefer to pay. Unfortunately the volatility in the LOGP share price means it pays to follow the RSI chart indicator. A few weeks ago LOGP quickly went overbought on the RSI. Today it's not yet oversold on the RSI so the share price could yet go lower in the short term. But chart indicators are not infallible, so who knows what will happen? Is 2.10p the short term bottom, or will it go lower? I've no idea.
papillon: Ftj, the guy "in charge of this site", Reesyheli, gave up on LOGP long ago. It appears he was heavily invested in both LOGP & SEA and the failure of the gas exploration well in 2015 and the death of SEA in 2016 were the final straws that broke the camels back. Looking at his posting history he gave up posting on shares in August 2017. He has made only one post in 2018 and that was back in August and that was on the "Moms Mabley Picture Book" board. Presumably that site is just a social media site and nothing to do with shares. Someone needs to start a new LOGP thread if they want to change & update the information in the header. Don't look at me though! I've never started a new advfn thread and at my age I'm not about to start now! LOL. PS. The LOGP share price has held up well so far today. It wouldn't surprise mean to see the LOGP share price back over 3p soon. Then again it wouldn't surprise me to see it fall back below 2.4p soon. "You pays your money and you makes your choice". I can't predict short term share price fluctuations. Good luck to those who think they can!
cephalosaurus: Credit to Jimmy 23 over on iii. Nice to know he is still looking in. (That website has gone to pot and put off all posters): Barry roe deal done Market Discussions Lansdowne Oil & Gas (lse:logp) Jimmy23 8d Deal is done, this share price now massively undervalued. Five well drilling programs fully funded. Buy now. Jimmy created 8d last reply 1d 2 replies Jimmy23 4d At the current share price LOGP currently valued at $0.45 per bbl of independently certified 2c reserves with a carried interest in five wells to be drilled in about six months time and huge upside as posted on the PVR. Site. With an $80 oil price it would be fair to value them at $5 per bbl. huge upside here . Jimmy Jimmy23 1d Hard to believe this share price has not at least trebled from here. With a carried interest in five wells and ten per cent interest in 346 million bbl and a market capitalization of only £10.5 million the market has noticed logp. Seems to me they will be ripe for a takeover, and it will be a multiple of this share price and still be great value to an acquirer who gets all the upside of the deeper oil at barryroe. Take your position because this will happen quickly. J
papillon: Looking at Friday's interim statement in more detail they do state the following. "Going concern The Directors have prepared the interim financial information on the going concern basis which assumes that the Group and Company and its subsidiaries will continue in operational existence for the foreseeable future. The Directors have carried out a detailed assessment of the Group's current and prospective exploration activity, its relationship with the holder of its loan note and cash flow projections and it is on this basis that the directors consider it appropriate to prepare this interim financial information on a going concern basis. This interim financial information does not include any adjustment that would result from the going concern basis of preparation being inappropriate." That's positive, so perhaps there is NO short term cash problem at LOGP and there is another reason for PVR sp's strength so far this week and the weakness of the LOGP share price I'm just looking for a reason to explain the discrepancy in the share price movements so far this week. Personally I'm not too worried about what happens at LOGP & PVR because I only have small amounts of money invested in both. I only post because I'm bored! I'm just an OAP with too little spare cash to invest and too much time on his hands and too lazy to find a more fruitful hobby to occupy that spare time. PS. The charts of both look bullish to me, especially the PVR chart. PPS. I'm more interested in AMYT, where I have more money invested and the interim results for H1 2018 are to be released tomorrow. AMYT is a sh*t, or bust investment on the outcome of their EASE phase III trial. The interim crunch news on that is due sometime in Q4 2018.
papillon: I don't need your investment advice, druidinvestor. I make up my own mind, thank you. You have your opinion and I have mine. It wouldn't surprise me to see the PVR share price decline tomorrow on profit taking and the LOGP share price rising again. Conversely it wouldn't surprise me to see the PVR share price continue to rise tomorrow and the LOGP share price to continue to fall. Maybe both will stay the same tomorrow? I can't predict share prices; maybe you can!:-) I agree Ftj that there is absolutely no way that Lampe & Brandon will pull the plug on LOGP after being so supportive so far, but they are not charities. They do and will take their pound of flesh in return for their support. I still think that their continued support will mean more share dilution for LOGP shareholders (apart from Lampe & Brandon!). To my mind the lack of ready cash @ LOGP means they are up sh*t creek without a paddle because LOGP will have to beg for more support from Lampe & Brandon, or raise cash via a placing. Either way it will entail yet more share price dilution for existing small shareholders. However if you are correct, Ftj and they still have an outstanding portion of the loan to drawdown then they are NOT up sh*t creek without a paddle!
papillon: Why do you keep posting such silly, sky high, share price valuations, euclid5? With a current share price of just 1.375p the "Market" obviously thinks a 52p target share price for LOGP is ludicrous! I agree with the "Market"! You'd have to be a Walter Mitty fantasist to believe a 52p LOGP share price is possible, unless they consolidate!! LOL. PS. Now we know why the share price rapidly fell back following the initial euphoria on the farm out news; those in the know knew there was a placing on the way @ 1.3p. Ideal opportunity to sell & short shares @ any price above 1.3p.
papillon: The share price doesn't lie. Look at the chart in the header. In January 2013 the LOGP share price was over 50p. Now it's under 7p. Only good news will push the LOGP share price into double figures again. Is that likely to happen anytime soon? I've no idea and neither does anyone else who posts on this bb, however the LOGP share price doesn't fill me with confidence we will hear good news anytime soon! I may know nothing, like the rest of the posters on this bb, but you can be certain that some know what is happening behind the scenes and that is being reflected in the current LOGP sp!
pharmabrown: Furthermore: 'If we assume that the [PVR] current share price reflects only Barryroe, the market is paying a value under $7 per barrel.' Some simple calculations:- PVR (64.478m shares in issue, closing share price 510p) market cap currently £328.8m. So if based only on Barryroe, LOGP with one quarter as much of Barryroe as PVR (20%/80%) should have a market cap of £328.8m/4 = £82.2m. However, LOGP (140.54m shares in issue, closing share price 37.75p) market cap is only £53m (at a discount of 35.5% to PVR wrt Barryroe valuation), valuing Barryroe oil at less than $4.5/barrel. For that figure to be $13/barrel the LOGP share price should be 109p. An LOGP share price of (37.75p x 82.2/53) 58.55p would put LOGP and PVR on the same discount.
Lansdowne Oil share price data is direct from the London Stock Exchange
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P: V: D:20181211 09:43:16