Legendary Inv. Share Discussion Threads

[chinese investor] 22/12/2017 08:24

They're all clunts !

[michaelsadvfn] 22/12/2017 08:24

Never buy shares in the first 30 minutes of trading...

Professor Pettigrew 22 Dec '17 - 08:15 - 11042 of 11043 0 1 1

On the basis I paid 0.17 for that parcel, I must assume that the first three trades are purchases.

oops, too late.

david, you're an idiot.

[professor numbskull] 22/12/2017 08:23

I can smell the actions of a company trying to puff the price up ahead of a mega placing.

[professor pettigrew] 22/12/2017 08:22

Of course, you might guess as soon as we get a tick down or two, the filth come out of the closet.

Didn't hear much from the roaches yesterday though.

Scum of the earth.

[chinese investor] 22/12/2017 08:16

Down From Here !

[michaelsadvfn] 22/12/2017 08:16

Professor Pettigrew 22 Dec '17 - 08:03 - 11039 of 11039 0 1 1

I believe Circle want to re-list, and that area in Tunisia is rich in oil.

Well you would wouldn't you?

By the way, "that area in Tunisia" is not in Tunisia, it's offshore in the GoH.

You won't be hearing anything about that investment for a very long time...potentially recoverable prospective resources...lol.

[professor pettigrew] 22/12/2017 08:15

On the basis I paid 0.17 for that parcel, I must assume that the first three trades are purchases.

[professor pettigrew] 22/12/2017 08:12

That's reasonable .

Got them at 0.17p.

[professor pettigrew] 22/12/2017 08:11

Just going in for a very small 101,000 top-up.

[chinese investor] 22/12/2017 08:02

Nice in Puerto de la Cruz !

[maxk] 22/12/2017 08:01

Well iffy in Hampshire.

[chinese investor] 22/12/2017 07:57

He probably had a hard one last night !

[glenkaz] 22/12/2017 07:57

🚀🚀 20’s here we go! Booom! 🦃🍷

[cpap man] 22/12/2017 07:55

P P having a sleep in?

[glenkaz] 22/12/2017 07:41

Year high must be broken v soon! I wonder if a certain poster is choking on his pancake roll 🤣

[soupdragon55] 22/12/2017 07:39

Hopefully the interims will come next with some more flesh on the VS side of things.

[soupdragon55] 22/12/2017 07:37

Much prefer this resource to Manas, seems a much more realistic prospect.

[cpap man] 22/12/2017 07:30

More GREAT news from LEG

The GOLD was good but in a poor location the Oil & Gas is excellent in a rich location for Oil & Gas [DYOR] plus Circle Oil want to re-list in London during 2018

That can only be further GREAT news for LEG

[strongbuy] 22/12/2017 07:28

This is turning around, could be the biggest multibagger of 2018 !! We’ve had more RNS’s in the last 5 days than in the last 2 years !!! It is in recovery mode

Pile in

[bionicdog] 22/12/2017 07:22

Dark again , possibly the darkest of the year.
A slew of positive weather in the offing.

[sam the man1] 22/12/2017 07:06

There you go PP, another RNS. So you're totally 'off the hook' from resigning and you can lead us to the promised land (or should that be party) in 2018

22 December 2017

Legendary Investments PLC

Conversion of Stake in Gold Asset to Stake in Oil Asset

Legendary is pleased to announce that it has entered into an agreement to acquire an interest in Circle Oil Tunisia Limited ("COTL"), which owns the, El Mediouni East and Central oil asset ("ELM") in the Mahdia Permit located in the Gulf of Hammamet off the Tunisian coast, in exchange for its interests in Manas Resources LLC ("Manas"). The Permit duration and work programme are in the process of being finalised.

As a result of this agreement, Legendary will receive an interest of up to 2 per cent in CTOL. Legendary's interest in Manas is valued in its books at £100,000.

COTL underwent a restructuring process following the liquidation of its parent company, Circle Oil Plc ("Circle Oil"), and is now under new management. Other assets of the former Circle Oil portfolio in North Africa and the Middle East have been shown by others to be commercially attractive, and COTL is confident that the Tunisian offshore tracts will also be commercially attractive. Over the past 5 years Circle Oil invested heavily in ELM, and in August 2014 announced a potential large discovery following preliminary results from ELM which were internally estimated by Circle Oil as potentially recoverable prospective resources of approximately 100 million barrels of oil.

Zafar Karim, Executive Chairman of Legendary, said:

"We are pleased to have parlayed our interest in Manas into an interest in ELM. We expect that the ELM is more likely to come to fruition and in in a shorter timescale and possibly at a greater value than Manas."🎅