Lekoil Share Discussion Threads

[alamaison5] 12/9/2016 16:37

50,000+ at 16p. Not bad

[alamaison5] 12/9/2016 16:34

Holding RNS...

[jailbird] 12/9/2016 16:08

2 x 96,000 were rollovers

[alamaison5] 12/9/2016 16:07

2 x 96,000 changed hand at 15.26/28p and then 100,000 bought at 15.65p. Followed by one AT trade to set the ASK back to 16p.
It's nice to have MM's as friends, lol.

[jailbird] 12/9/2016 16:05

yes me neither, however by stating there will be a RNS today is not helping your cause here.

[alamaison5] 12/9/2016 15:32

Jailb: I can't wait for this expected rise. All these donkeys will disappear all in one go.

[andy pipkin] 12/9/2016 14:21

This will fall into the close, as per usual imo.

[alamaison5] 12/9/2016 13:43

NEW AGE:
New Age’s cash-rich backers have given it the funds to keep investing through the downturn. Its focus on resource-rich, low-cost African assets has given it an average break-even point of $17 a barrel. Many larger groups are still battling to bring their costs below $60 a barrel.

[alamaison5] 12/9/2016 13:42

alamaison5
12 Sep '16 - 08:34 - 3204 of 3215 0 0 Edit
Transaction Complete
Share Name Lekoil Limited ORD USD0.00005 (DI)
Order Type At Best Buy
Account Trading Account
Symbol LSE:LEK
ISIN KYG5462G1073
Settlement Date 14-09-2016
Trade Details
Quantity 12469
Trade Price 0.159588
Trade Date 12-09-2016
Consideration £ 1,989.90
Commission £ 10.00
Total £ 1,999.90

[alamaison5] 12/9/2016 13:41

I really don't mind these donkeys. It won't stop me buying more, lol.
Got another £2k today by the way.

Check this out:


New age is sniffing around and soon rumors will start...
You've heard it first from Alamaison!

[jailbird] 12/9/2016 13:31

AlaThe thing is we are making lower highs to buy over the last 2 weeks Until the share price begins a rising trend , the negative posters will repeat negative comments

[alamaison5] 12/9/2016 13:12

FUM: 75p here I come, lol

[alamaison5] 12/9/2016 13:06

hxxp://nationalmirroronline.net/new/lekoil-to-add-5703bpd-to-nigerias-oil-output/

Read: The nation’s oil output will rise by about 5,703 barrels per day, bpd as Lekoil, the oil and gas exploration and Production Company with a focus on Nigeria and West Africa has made a major ‘discoveryR17;.

AT $35 A BARREL IT'S $200,000 A DAY!

[alamaison5] 12/9/2016 12:58

Another one:
Pan African Resources for 2006 (PAF) Moderated - PAF
FSAwatcher - 12 Sep 2016 - 12:38:12 - 9048 of 9049
back to 14p

trend broken to downside

[alamaison5] 12/9/2016 12:51

FSMYASS: First cargoes, (2,3,4,5?) of oil will be lifted in the next few days and will generate plenty of dosh, lol.
Also, 10,000bpd is the first production rate, but 20,000 is planed for next year...
Read my son, read:
Otakikpo-002 has been completed, evacuation facilities are nearing completion and the rig has been mobilised to Otakikpo-003.
The Company is nearing commercial production and first cargoes are expected to be lifted in Q3 2016. The Company is targeting production of 10,000 bopd by year-end 2016 and will then proceed to phase two of the Otakikpo Field Development Plan, with new wells planned to bring aggregate production to a target of 20,000 bopd by the end of 2017, subject to requisite approvals.

And yet again, LEK is not to issue anymore shares but has a debt facility.
Further details on the funding are as follows:

A two-tranche facility arrangement for US$10 million and 2 billion Naira (approximately US$10 million).

• The US$10 million facility has a maturity of three years and is repayable quarterly after a six-month moratorium with a margin of 11.25% over LIBOR. The existing NIA bridge facility, of which US$5 million was due May 2016, has been extended to August 2016 and subsequently refinanced into the new USD facility.

• 2 billion Naira (US$10 million). This new facility has a maturity of three years, is repayable quarterly with ten quarterly instalments after a six-month moratorium. The notes have an interest rate referencing the higher of the 30-day average of 90 day NIBOR + 6% or 20%.

Following the successful drill stem tests at Otakikpo which produced oil flows in excess of Company expectations, the Company reconfirms that it is on track to complete Otakikpo within the original US$82 million capital expenditure budget that was estimated in 2014.

[fsawatcher] 12/9/2016 12:35

goin sub 15p

nuffin goin on here

they skint and not got money to fund operations

[alamaison5] 12/9/2016 10:24

BID rising to 15.75p now.

[alamaison5] 12/9/2016 09:39

MM's queuing up at 18.25 on the ASK. Before that? Nothing much...
The other side, on the BID, waiting at 15p for 45,000 shares, lol.

[alamaison5] 12/9/2016 08:34

Just watch the above neighbor!

[alamaison5] 12/9/2016 08:34

Transaction Complete
Share Name Lekoil Limited ORD USD0.00005 (DI)
Order Type At Best Buy
Account Trading Account
Symbol LSE:LEK
ISIN KYG5462G1073
Settlement Date 14-09-2016
Trade Details
Quantity 12469
Trade Price 0.159588
Trade Date 12-09-2016
Consideration £ 1,989.90
Commission £ 10.00
Total £ 1,999.90

[jailbird] 12/9/2016 07:32

AlaNo 7am RNS You been told a porkie?But the day has only just started.

[alamaison5] 12/9/2016 04:04

Looking forward to this week.

[alamaison5] 11/9/2016 08:35

LEK: RNS on Monday!