Leyshon Energy Share Discussion Threads

[nick297] 17/6/2014 21:49

Rising price sos100? Are you sure? This should be back to square one in just few days.

[flasher2] 17/6/2014 20:29

This was being pumped on LSE by the usual suspects.

[sos100] 17/6/2014 20:02

Amazing the effect a rising share price can have on some people.......

[nick297] 17/6/2014 19:15

What has changed in the past few days----PA now looking forward for the price in the region of 15-16 as compared to his expectations of 1 quid a share last year in one of the road shows.

[socktrade1] 17/6/2014 10:49

Sirraman thanks, if you are going to add to bring the average down its probably wise to do so asap as this will continue to rise imo.. no ramp..

[pro_better] 17/6/2014 09:59

it is clear that the co has exciting opportunities for new asset acquisitions and definitely the high profile new BOD wouldn't accept to work for LEN only just for the Zijinshan gas asset...i believe they will land a good asset soon and that will really boost the share price ..

[sirraman] 17/6/2014 09:54

well done sock.....my average is 16p when before the zj 6 and 7 mishandling by Fu and co. Didn't have the guts to add more at 3p......as there was basically no comms from the Board till recently. So my breakeven will hopefully be achieved by Xmas if we have positive results from now on...

May add a few to bring the average down once we have the initial findings from ZJ 7 rework....

Sirra

[socktrade1] 17/6/2014 09:17

buy when others are fearful... if the fundamentals stack up.. even now its cheap as chips

[socktrade1] 17/6/2014 09:16

I was topping up too when this was low.. was told im crazy.. an idiot... i will lose all my money e.t.c e.t.c :) did i care? no i kept on topping up and now i have a nice average and im confident i will make cash here

[sos100] 17/6/2014 09:13

RCT2,well done mate- i too was buying at 3-3.25p level..

shame i was away most of last week othwerwise i think i would have bought a few more..

[socktrade1] 17/6/2014 09:08

hxxp://ichimokutrader.com/ kumo breakout

[rcturner2] 17/6/2014 09:07

SOS, I had 100k at 5p, 100k at 4p and 100k at 3p so happy at the moment. Posters like hallow are actually a good buy signal as they have no clue how aim works.

[socktrade1] 17/6/2014 09:03

video

[...]

[socktrade1] 17/6/2014 08:56

7p imo Today.. i wont sell until it hits 13p minimum... we might even get there pre results at this rate.. as soon as they start buying shares back it wil have a huge impact... $500k low market... 50m shares in free float.. exciting times ahead.. ultrapunch where are you mate??? u still in

[pro_better] 17/6/2014 08:55

the confidence is returning...BOD provided market with that missing confidence about the asset in the AGM...we now know the BOD think the asset is valuable and they will proceed with the exploration....the technical knowledge is there now and when a new asset aquisition will be agreed then we know it will be debt financed...

cash stands at 6p + the current asset (estimate prospective resource of over 1 tcf gas) + the potential new asset + very strong BOD = ??

looking forward to see how much market will value the company...

[guppys] 17/6/2014 08:43

Motoring nicely so far, 6p+ good possibility soon I think. Long way to go though.

[sos100] 17/6/2014 08:38

all those months of nothing and bang.Hope some of you lth averaged down..

6p perhaps today?

[rcturner2] 17/6/2014 08:26

Building a good base here.

[oscar kilo] 17/6/2014 02:10

IMO. The share price fell off a cliff mainly due to the lack of communication post demerger. With the renewal of "investor Relations" it should now climb back to the edge that cliff, where most explorers should sit.

What price that will be will be anyone's guess but I do think some are selling the pre news recovery short. Now we are ending the the exodus of the disgruntled and attracting new investors with fresh eyes who recognise what could happen very quickly.
Over the coming weeks the testing will, among other things, provide data that may support the estimate for the resource. The diagram on page 9 of the AGM presentation really shows the immediate and future potential of LEN. A successful appraisal here will lead to debt funded development and production. (noting reserve based finance available) So no or minimal share dilution.

I also think successful testing will attract institutional investors as we step back from the cliff edge. Sure up the reserve and suitors may appear.


Add to that the prospect of a debt funded acquisition and this penny dreadful could well become the talk of the town in record time.

However this is just one persons opinion and all must research and make up their own mind. I think the share price recovery will be swift because it the bleeding has stopped, prospects renewed and the majority of holders are in the red. Stock just might dry up as the test results approach.

Good luck all.

[bullsvbears] 17/6/2014 00:20

Probably because many holders of some time, expected ZJS 7 to have been tested in 2013, before everything suddenly went uncharacteristically quiet. Indeed the PR went from one extreme to the other. I fear many who were bitten back then will be reluctant to return, and are probably doing quite nicely elsewhere.

[socktrade1] 16/6/2014 22:06

why do people thin they will let us know when the programame commences? thats alreadyf actored in as they have already told us it will start shortly so why tell us again??

[wisteria2] 16/6/2014 21:40

Think my average is around 16p without digging out me paperwork! have always been reluctant to buy more cos! bla bla might keep going down! but this could well be that time! leaky boat and all that. probs rns 7am saying goimg ahead with drill program etc....GLA holders

[wordog] 16/6/2014 18:47

Hi guys, back in here at 4.1p after a dismal performance last time around.

Socktrade - Good to see you're still here, I think I would have given up with the loss you're sitting on!

Wiseacre - I agree, I think they are close to something as this price won't be seen again for a while (hopefully never), and would be buying now if they could.

As previously mentioned, the volume should provide some support in the short term, I'm sure we will get a dip as soon as people take profit.

We can only hope they announce the interim programme timelines soon to keep building momentum. Baring in mind there is no fracking in the winter they will have to work fast to get into the full programme this year.

[useless23] 16/6/2014 18:16

...and they keep banging on about growth through aquisition.