Lekoil Share Discussion Threads

[upwego] 01/7/2019 10:32

Ileeman

Should do well to be honest looking good now with major oiler participating and
funding should start rising now and become a good share for this year.

If you have patience.

[upwego] 01/7/2019 10:27

still lots of buys appearing in the Sell column!

[upwego] 01/7/2019 09:31

Molatovkid - Wants in :)

[ileeman] 01/7/2019 09:13

Bought £20k this morning, looking at volume seller is about to clear.

Should be atleast 8-10p on the last couple RNS imo.

[molatovkid] 01/7/2019 09:13

Rampers selling out as i said.....

[upwego] 01/7/2019 09:06

Still very undervalued though the only question was funding and thats in the bag
now so expecting big things here.

good luck

[herb clark] 01/7/2019 09:00

Upwego. It does not look like it is going to blow to me,

[upwego] 01/7/2019 08:55

Herb can you repeat? dont understand your question?

[herb clark] 01/7/2019 08:42

Upwego. Given what we have seen this morning on what do you both that statement?

[upwego] 01/7/2019 08:38

This is going to Blow any minute!

[herb clark] 01/7/2019 08:19

Why all the sells?

[upwego] 01/7/2019 08:17

WILL BUILD UP LOTS OF BUYS SHOWING IN THE SELL COLOMN

[upwego] 01/7/2019 08:10

must have been working with Shell for quite some time on this negotiation.

got to be Shell

[herb clark] 01/7/2019 08:10

Thought the price would be higher

[upwego] 01/7/2019 08:06

great news!!

[jungmana] 01/7/2019 07:44

Seller finished expect 6p+ this week.Otakikpo funding sorted

[molatovkid] 01/7/2019 07:43

A lot of the rampers will sell out on any spike....be warned.

This will spike and fall.....don't get caught

[jungmana] 01/7/2019 07:41

Under the terms of the MOU, the Major Oil Company will provide funding to the Otakikpo Joint Venture alongside the other funding partners, subject to due diligence, project economics, entry into definitive documentation and final investment decision. The Otakikpo Joint Venture will enter into an exclusive offtake agreement with the Major Oil Company for the sale of crude produced pursuant to this project. Schlumberger will act as technical and project execution partner to provide oilfield services and project management services to assist in ramping up production and long-term field management. The Consortium will also form multidisciplinary project management teams from LEKOIL and GEIL.

[jungmana] 01/7/2019 07:38

Read again. That's our share of the debt being provided by the financiers. We pay back in revenue from oil sales.Soon we should be producing 8000bopd or even more

[deanmatlazin] 01/7/2019 07:36

Lukoil need $68million dollars to fund the project. Where it can get those monies?

[jungmana] 01/7/2019 07:33

Lekan Akinyanmi, CEO of LEKOIL said, "This MOU is a significant milestone for LEKOIL and the Otakikpo JV. It secures the necessary funding, subject to the various conditions being satisfied, to drill additional wells and unlock further value at Otakikpo. We are pleased to be working with Schlumberger (who brings world class implementation) and other members of the consortium. We look forward to the transformation of operations infrastructure and an opportunity to earning revenue along the value chain".

[jungmana] 01/7/2019 07:25

Fantastic news to wake up to :-)

[laptop15] 01/7/2019 06:18

For anyone new to LEK or thinking of topping up this video will help you decide if its undervalued or not. I believe it's a great investment opportunity at current levels for trading or long term https://twitter.com/laptop1515/status/1143983330939084800?s=19

[laptop15] 30/6/2019 16:04

https://twitter.com/aiminfocat/status/1144993123036205058?s=19