Lekoil Share Discussion Threads

[tidy 2] 19/6/2019 09:36

Breaking out now.

[letmepass] 19/6/2019 09:27

The institutions and funds will be buying at 50 million.. Watch this rise

[tidy 2] 19/6/2019 09:24

Bye bye resistance.

[newtothisgame3] 19/6/2019 09:23

#Lekoil (LON:#LEK) Share Price Passes Above 50 Day Moving Average of $5.27
Posted by Elija Maina on Jun 19th, 2019 Numis Securities reaffirmed a “buy” rating
22P #TARGET …

[letmepass] 19/6/2019 09:23

Only 20 million mcap.. Big way to go.. Great RNS. BACK TO THE TEENS

[laptop15] 19/6/2019 09:19

I reckon we might break out soon and blast through 4p, lots of buying pressure on L2.

[laptop15] 19/6/2019 09:19

https://twitter.com/Share_Talk/status/1141256874291056640?s=19

[laptop15] 19/6/2019 09:00

HUGE VOLUME 1ST HOUR!!

[laptop15] 19/6/2019 08:59

https://twitter.com/laptop1515/status/1141250833088221184?s=19

[tidy 2] 19/6/2019 08:54

Yep massive result.

[laptop15] 19/6/2019 08:42

Looking good today and the market likes the results due to a few factors imoHUGE DEBT REDUCTION HUGE INCREASE IN PRODUCTION STRONG CASH BALANCE CPL 325 FARMOUT POSSIBLITYOTAKIKPO 1 MILLION BARREL ONSHORE TERMINAL BEING BUILT POSSIBLE CPL 310 COMING BACK

[laptop15] 19/6/2019 08:38

https://twitter.com/laptop1515/status/1141247692053655552?s=19

[laptop15] 19/6/2019 08:35

https://twitter.com/laptop1515/status/1141233562785652742?s=19

[laptop15] 19/6/2019 08:34

https://twitter.com/laptop1515/status/1141246870259478528?s=19

[deanmatlazin] 19/6/2019 08:28

Current cash almost near the market cap!!! Bought this morning. Ridiculously cheap.

[ghhghh] 19/6/2019 08:14

The best bit was current cash of $14m, up from YE. Might be manipulated but still encouraging since implies still cash generative.

Difficult to judge extent of debt reduction, clearly its significantly reduced, which is good news, but the accounting changes re pre paid costs have muddied the waters.

In the main, lots of repetition, all the balls still in the air so still hope value for the less cynical believers.

Could have been worse. IMO this is about the substantial Otakikpo 2P reserves versus LEK market cap and LEK living long enough to realise good value.

They really need a bid..... Hopefully that's the game plan

[flawlesskicks] 19/6/2019 07:59

Looking very good now. Only $10million of debt and Management reducing pay/costs to cover any short-fall in cash.

PROGRESSING TO 15-20K BOPD IN 2020.

Price should now rate back to 10/15p imo over the coming months.

[laptop15] 19/6/2019 07:44

BIG REDUCTION IN DEBT is good to see $22 million down to $10. Would have been profitable if not paying this down

[newtothisgame3] 19/6/2019 07:22

#LEK #LEKOIL plans underway for a three to five well drilling programme, targeting to increase production levels to approximately gross 15,000 to 20,000 bopd (6,000 - 8,000 bopd net to LEKOIL) Equity crude sales proceeds of US$48.7 million CASH GROWING FAST

[newtothisgame3] 19/6/2019 05:56

#LEKOIL #LEK closed up 1.61 percent on Tuesday, June 18, 2019, on 7.48 times normal volume. Pocket Pivot #Bullish Swing Setup #Volume #Surge

[newtothisgame3] 18/6/2019 11:02

#LEKOIL #LEK Can buy small amounts @3.63p highest paid today its over 5p+ for size

[laptop15] 18/6/2019 10:44

I guess the person giving the thumb down is a shorter or still waiting to buy in...lol...what's sad individual

[newtothisgame3] 18/6/2019 10:41

#LEKOIL #LEK 5P+ WANTED FOR SIZE WAKEY WAKEY LOOK

[laptop15] 18/6/2019 10:21

Looks like the book has been flipped, mms want this to rise now. Algorithm switch imo

[laptop15] 18/6/2019 10:09

https://twitter.com/laptop1515/status/1140909123208396800?s=19