Leyshon Energy Share Discussion Threads

[rcturner2] 01/7/2014 10:31

If they get Z7 to flow commercial they will have 2 of 3 wells needed for the field to be declared commercial, but that is a big if in my book.

[sirraman] 01/7/2014 10:22

socktrade...if there is positive result from zj7 am expecting this to be back upto 12/16p...then if zj8 drilled and comes in positive.....can see this really motoring beyond that.

am looking to keep mine at least 12-24 months if zj7 does become commercial....

Sirra

[socktrade1] 01/7/2014 09:48

Chairman did say the directors are precluded from buying shares at the AGM. this could only mean one thing.. and that an acquisition deal is imminent even before results are out... this is the share to be in at the moment

[socktrade1] 01/7/2014 09:42

This is great.. this will just mean the share price will continue to rise in anticipation of good news imo

[rcturner2] 01/7/2014 09:39

The work programme is not due to complete until October. There is no way of telling when we might get partial results before then.

[socktrade1] 01/7/2014 09:36

Some people seem to think that the sharebuy back wont take place until post results.. if news is good and it takes place post results.. this will continue to rise.. probably over 20p, this is not a ramp but the share price is significantly below what it should be.. hence even 20p is a market cap of circa 45m?

[socktrade1] 01/7/2014 09:34

I wont be selling out for anything below 12p mate.. might hold on to some for 15p but i would think its wise to try and shift the majority at 12-13p which i think is porbable in the near term. Anyone buying in now will make a killing.. too bad my average is higher

[sos100] 01/7/2014 09:29

sock-don't sell out too soon mate.

looks like pay back time for lth.This went as high as 20p last year

[socktrade1] 01/7/2014 09:25

on good work programmae resultsit will atleast double.. thats almost certain.. so 6-8p pre results, 12-16p post results... bring it om

[sos100] 01/7/2014 09:22

Steady 0.5p rise each week would see us over 6p by month end

by which time the work programme results might be out and if there good then i see the climb back up continuing...

[rcturner2] 01/7/2014 09:07

Looks like there is confidence returning here. Still below the net cash of 6p a share and now far more positivity over the gas asset. Let's hope for good results from the work programme.

[cupra kid] 01/7/2014 07:18

Wordog, I think you should read my post again. Yes I'm fully aware it was Newmont selling and it looks like they may be done.

What I stated was that whoever bought the shares may have crossed a threshold to announce an RNS. Apology accepted!

[rvsy38] 01/7/2014 07:17

You can check the holdings of the 20 top shareholders on the LEN website. Go to "Investors" and then " Capital Structure". As of 26 June Newmont were no longer listed and the 20th largest shareholder held 2,056,161 shares.

[oscar kilo] 01/7/2014 02:08

30 June is end of Financial year in Australia. Last day to effect a tax loss. It would be an Australian entity selling.

[wordog] 30/6/2014 22:58

Cupar, get with the programme, it's newmont selling several million shares. Already announced, looks like all their sells have cleared now.

[bullsvbears] 30/6/2014 22:51

1403/1406.

OK. Noted.

[wordog] 30/6/2014 21:12

400 trade today. Love to speculate.

[cupra kid] 30/6/2014 20:58

Whoever had them may have crossed a threshold so there is a possibility of a RNS. Glad they're out and all done and we can continue the recovery.

[useless23] 30/6/2014 20:55

Very good to see those trades cappo. This should steadily rise now. Good times ahead.

[captain james t kirk] 30/6/2014 20:53

Correct sapper.
Final notification holding rns below 3%:

[sapper2476] 30/6/2014 20:51

There won't be an RNS for Newmont clearing. Maybe if the company buy back or further news.

[bullsvbears] 30/6/2014 20:45

Should be an RNS in the morning.

[bullsvbears] 30/6/2014 20:44

Good to know!

[captain james t kirk] 30/6/2014 20:32

Ship's logs are showing:
1m 19/06/14
1m 24/06/14
5m 30/06/14

[useless23] 30/6/2014 20:23

As of 17 june they had 7m shares to sell and there have been well over 7m shares traded since then. Hopefully they're gone.