Lekoil Share Discussion Threads

[runwaypaul] 21/6/2017 08:38

will what ala thinks help you make money?

[ytse] 21/6/2017 08:27

Maybe I have to review my entry target price downward
What do you think Ala?

[technowiz] 21/6/2017 07:45

The Group had cash and cash equivalents of US$4.4 million as at 31 December 2016 (2015: US$26.0 million). mmmmmm

[jailbird] 21/6/2017 07:17

Those results are terribleDebt ridden Co... where has all the money gone!Tens of millions debt against OttaikopoNo talk of 20 BOPD anymore , just hope to achieve incremental increases to 10k by end of year.Cash 4.4m left Now financing for Ogo field for next year on the agenda.Under 10p eventually

[alamaison5] 20/6/2017 14:31

Bought HNR AT 25.12 THIS MORNING TOO, LOL.
200,000 on the bid at 15p then the rest on the ASK is insignificant. Straight rise to 16.50p.

[runwaypaul] 20/6/2017 14:21

hoping for some 13's too....

[ytse] 20/6/2017 13:39

Hi Ala
15p is coming this was my target entry point to justify the risk
Also Hur at 28p

[jailbird] 20/6/2017 12:25

America shutting down fracking operation one by one as it becomes uneconomical
Us reserve falling

Not true Ala..

Rigs targeting crude in America climb for a 22nd straight week
Libya’s production rises to four-year high as fields resume

[alamaison5] 20/6/2017 08:43

Push oil up again? Plenty to pick from.
It's cyclic
Trump hardening on Iran
Asia using more and more
America shutting down fracking operation one by one as it becomes uneconomical
Us reserve falling

[alamaison5] 20/6/2017 08:40

LEK: More for me

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 22-06-2017
Trade Details
Quantity 12025
Trade Price 0.1612
Trade Date 20-06-2017
Consideration £ 1,938.43
Commission £ 10.00
Total £ 1,948.43

[jailbird] 19/6/2017 08:12

The question I will be asking is what will push oil up again.

[alamaison5] 14/6/2017 20:50

I am a buyer, all the way down.

[runwaypaul] 14/6/2017 18:49

hopefully they can whack this into the 15s to load up during this oil weakness.

would like a proper entry.

[alamaison5] 09/6/2017 21:23

Should but didn't yet.
Before we've had the seller to get rid off. Now we have the buyer, lol.

[coxsmn] 09/6/2017 20:55

Very good news today regarding receipt of Ministerial approval for Opl310 and should give a lift to the share price.

www.proactiveinvestors.co.uk/companies/amp/news/179041

Happy days.

dyor.

[alamaison5] 09/6/2017 19:49

Oil:
Charts wise; that retrace to $45 is actually excellent new.
We should see $60 by this summer.

[alamaison5] 09/6/2017 19:45

Lets hope LEK gets the remaining approval before year end:
Following the successful completion of the appraisal phase, and subject to the fulfilment of a number of conditions including a positive well result, GE Oil & Gas, through a consortium SPV, and LEKOIL through its funding partners, intend to invest funds towards the full field development capital of the project. LEKOIL estimates this cost to be US$400m for full field oil development and US$600m for subsequent upstream gas field development.

It's gona be a very very interesting year for LEK.
I am loading up on every low.
25p before October guarantied.

[alamaison5] 09/6/2017 19:40

LEK: Muted response but 26% interest still need approval from Nigerian Gov...
Yep, only 17% approved. The fact that someone bought over 10,000,000 shares recently and the oil price doesn't help... The buyer want to make a profit too.
We should see a slow rise from now. Now the news is digested; we should have another blue day tomorrow.

Get some cheap GKP too chaps, something is brewing in the background.

[runwaypaul] 09/6/2017 13:40

that'll be ala out lol

[family values] 09/6/2017 11:26

If Lek was the SAVP target ,they would have been suspended already.

I think SAVP are paying 250 million dollars for New Africa Age western assets.

[gray1107] 09/6/2017 10:34

Funny you should say that alamaison, SAVP have just been suspended pending an RTO with an unnamed west african oil co;



You never know :)

[runwaypaul] 08/6/2017 23:45

plenty of time to hopefully add some cheap ones.no rush

looking for three more buys till ive had my fill.15s would be nice if it comes

will be a lovely payout in the winter.atb

[coxsmn] 08/6/2017 19:09

YF finance Ltd adding again to above 11%.The smart money is buying here.Dyor.