Lekoil Share Discussion Threads

[alamaison5] 01/6/2017 13:48

L2, VERY TEMPTING:

Time Market Maker Size Price
13:43:00 5888 17
13:43:00 5633 17
Price Size Market Maker Time
17.25 4425 13:47:00
17.75 5521 13:43:00
17.75 5553 13:47:00

BUT AGAIN; IT'S ALL A LIE...

[alamaison5] 01/6/2017 12:37

Transaction Complete
Boost Issuer Public Limited Company BOOST FTSE 100 3X SHORT DAILY ETP
Symbol LSE:3UKS
ISIN IE00B7VB3908
Settlement Date 05-06-2017
Trade Details
Quantity 118
Trade Price 16.5505
Trade Date 01-06-2017
Consideration £ 1,952.96
Commission £ 10.00
Total £ 1,962.96

[alamaison5] 01/6/2017 10:46

PANR: TLW: PFC:

Keep an eye as these are hoovering just above resistance/floor.

[alamaison5] 01/6/2017 10:45

Unless we've got news before it goes back down to 16p.
And it could happen at anytime.
This is why I am still holding £3k worth.

[ytse] 01/6/2017 09:55

Good for you Alan
Lower range will be there soon to buy back

[alamaison5] 01/6/2017 09:50

Sold some because of this:

Ask Prices:

18p ASK 191,120...
Against 12,000 on the bid at 17.75p...

[alamaison5] 01/6/2017 08:24

Moneytree: Good move as the ASK is 18p...

[alamaison5] 01/6/2017 08:23

L2:
Time Market Maker Size Price
08:19:00 10000 17.5
08:19:00 100000 17.25
08:19:00 21475 17
08:19:00 NITE 10000 16.25
08:19:00 10000 16.25
08:19:00 10000 16.25

Price Size Market Maker Time

18 100000 07:59:00
18.5 20000 08:00:00
18.75 8695 08:19:00
19 25000 08:00:00
19.25 10000 08:19:00
19.25 10000 08:19:00
19.25 10000 NITE 08:19:00
20 25000 08:00:00
20.5 10000 08:19:00

[moneytree1] 01/6/2017 08:02

in for a trade on the bell @17.56 gl

not expecting fireworks since the markets so dead atm ,but line of least resistance and all that.

[jonnycash1] 01/6/2017 07:58

We should do a bit more than 18p on that news, but it depends on the market of course and if any more fund managers decide to dump stock for whatever reasons. All being well, I would hope we should get back to about 21p within a few days.

[alamaison5] 01/6/2017 07:52

10% in this short period of time is good.
The volume last night "indicate" that the seller is done for now.
18p close?

[bad gateway] 01/6/2017 07:16

Thanks ala will keep on eye on the rns's as they come out. Good to have the increase in production,if they keep on like this the market may one day notice just how cheap these actually are.

[jonnycash1] 01/6/2017 07:15

Great news. Like to see a little meat on the bone though i.e. figures! However, it is very encouraging to see the quality of the oil confirmed and the ramp up in production continuing.

LEKOIL Limited

("LEKOIL" or the "Company")

First Crude Payment Received, Production Ramp-Up Ongoing

LEKOIL (AIM: LEK), the oil and gas exploration, development and production
company with a focus on Africa, is pleased to announce that it has received
payment for its first cargo lifted from the Otakikpo Marginal Field in OML 11,
announced on 10 May 2017. The high quality Otakikpo crude blend led to the
Company realizing a small premium to Brent Crude pricing before marketing and
related costs over the given period.

Current production at Otakikpo is approximately 5,500 bopd. With production
gradually ramping up, the Company is now looking to establish more frequent
regular liftings as it focuses on increasing production through year end.

[alamaison5] 01/6/2017 07:13

LEK: Next RNS will be holdings. Probably two unit trust reducing holding.
No 1 is BlackRock for sure.
No 2 could well be YF Finance Limited. 8% the last time I've checked.

[alamaison5] 01/6/2017 07:09

LEK (1,2 check above post) RNS out: Oil production up by 10% and increasing.
LEK: I am expecting 2 more before the end of the month.

[alamaison5] 31/5/2017 18:55

I guess we have.

[jonnycash1] 31/5/2017 17:57

Nice to see another 5 million shares purchased today. With that single trade in excess of 4.3Mill we may have seen the back of the seller.

[alamaison5] 31/5/2017 08:29

COX: It won't change a thing.

Game changer:
1) Increase production
2) Regular payments/ lift off
3) AFR license officially indorsed by Nigerian Gov
4) RNS of who's selling and % remaining
5) Possible offer for the company

Until then it won't move. If someone is making money (or not)selling at 17p LEK could stagnate for another few months...

[coxsmn] 30/5/2017 20:45

Lek is due receipt of payment for oil by next Friday 9th June (i.e within 1 month according to the company rns dated May 10th).

[alamaison5] 29/5/2017 07:19

When you see this can of rubbish, see bellow, you not wondering anymore as why the stock market has lost complete trust in these mongrels.

Sept 2016:
Otakikpo Operational Update

In addition to Otakikpo-002, Otakikpo-003 has now been completed and the rig has been demobilized. With Otakikpo-003 complete, the Company has four production strings ready for production. Onshore facilities are complete while welding and installation work continues to progress on the offshore pipeline. The Company expects commercial production to begin at Otakikpo in the next few weeks.


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, bringing aggregate production to a target of 20,000 bopd by the end of 2017, subject to requisite approvals.

[alamaison5] 29/5/2017 07:12

Was it to pay or to receive? I thought after some research, lost, that it was to pay.

[jonnycash1] 27/5/2017 07:02

Are they not due an additional £4mill from this first oil shipment? I am sure I read that somewhere.

[alamaison5] 27/5/2017 04:13

COX: It means that there is more to sell at 17.25p but I guess B.R is nearly done.
The next RNS confirming the latest should take us higher. 19.75p to 20.50p.

[alamaison5] 27/5/2017 04:11

Remember BLVN? Same scenario...
When it's gona go it's gona double in price. Target: 1 to 8 months.
Better return than Barclay's, lol.