LGO Energy Share Discussion Threads

[hubs] 26/4/2017 07:36

12bn seems to have conducted a little research at times, into LGO. Well done. Chart says it all to me. Looks like a nasty accident whilst skiing ...

[simon1955] 26/4/2017 07:24

arrynillson - What a plonker, guess you must be new here, Ritsons is definitely not worried about the share price or you mug punters who keep throwing money at him, more dilution and downside to come. This will be below 1p before long

[arrynillson] 25/4/2017 22:55

dodge city - I think you are over thinking Neil's role - he's not too fussed about short term share price movement - more about improving fundamentals and what a splendid job he's done there - more Placing money than could have been dreamt of 6 months ago - company funded for BOLT contracted purchase and pilot water flood - new Mayaro wells better than expected - the world is our lobster now Rodney!

[arrynillson] 25/4/2017 13:50

12bn - I'm looking but why does it give you pleasure if you have no financial interest in whether the share price increases or decreases - unless you really are The Grand Old Duke of York!

[12bn] 25/4/2017 13:37

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrrrrrrrr....................LOL....Just been viewing the April 25th share price fall.......take a look arry! :)

[nash81] 25/4/2017 13:17

how low can we go? wish have more cash to top up but i am maxed out now

[brasso3] 25/4/2017 12:46

Ifs it short selling then one day they have to close out those positions.

[the guardian] 25/4/2017 12:43

Agreed offerman. It's almost a vendetta and I can't think of a way out.

[offerman] 25/4/2017 10:51

Guardian,Am I right in saying that there were some big enemies of DL previously? These people wanted to destroy the company apparently. Could it be them that are relentlessly shorting selling hoping to buy back at lower levels pocketing the cash. ? I do take your point that the selling does seem relentless even the lowest of lowest levels. To these people I don't think it matters as they still make money on the way down. I think that's the pattern we are in even with good news or waterflood or anything else yes the share price will rise but now there are a vast amount of these shorters around so they will always continue to depress the share price after spikes on good news. I think the future is looking good for LGO as a company but as for the share price that doesn't always show or factoring the value or success of the company.

[arrynillson] 25/4/2017 10:19

12bn - I can see that page 10 of the LGO March Corporate Presentation is going to be the next piece of information that you can't be bothered to view because you are not invested - that's what I call a real head in the sand stance 12bn!!!

[12bn] 25/4/2017 10:11

Poor arry,he cannot accept that NR used 100 wells for his decline in flow rate % just because that was the only way he could con PIs like arry into thinking that the new wells wouldn't deplete fast. Get your head back under the sand arry,the share price here is doing the talking!

[arrynillson] 25/4/2017 09:59

12bn - no acceptance from me about being conned by NR and I haven't seen any suggestion from Neil that a new well in Mayaro can't replicate average performance of over 100 that have gone before it, I'd go further and say that the new drilling campaign was predicated on that basis - there is even a graph on page 10 of the March LGO Corporste Presentation but an average is not a guarantee of future performance so we will have to wait and see but so far the performance of the 2 new wells has been way above average, clearly a disappointment for bashers like you!

[12bn] 25/4/2017 09:35

Good to see that you accept that NR conned you into thinking new wells declines would be under 20%,with his 'under 20% flow rate declines'for 100 wells,most that were old. Pity that you are so thick you thought my point was that NR was a liar. Did you go to the same remedial school as ThickoNorth?

[arrynillson] 25/4/2017 09:23

12bn - it was you who changed the subject to Lind but more importantly now that you have accepted that NR was not lying I can cancel the search party for those 20 odd non producing wells you were so worried about ROFL!!!

[12bn] 25/4/2017 09:15

Nice change of subject arry,nit picking on Lind, now that you realise that NR has conned you into thinking flow depletions would be under 20% for new wells! I can virtually guarantee that NR will repay a lot of the Lind repayments with shares,it is his MO. It is just a matter of time imo. I will post 'I told you so' when the RNS arrives. You are a fool who has lost half his money here in a month by not selling at 4p,eos!

[arrynillson] 25/4/2017 09:01

12bn - noticed you were eventually convinced by my facts about the LIND borrowing being repaid in cash so far - didn't stop you misleading readers on here for a long time!

I did mention page 10 of the March LGO Corporate Presentation as particularly important reading for you 12bn but the whole presentation is delightful and page 24 is devoted to Lind, includes the following - ' LGO has a choice of payment in shares or cash. To date, LGO has repaid in cash and plans to continue to pay in cash.'

Of course, like your choice to deliberately mislead on here, LGO could change their mind and pay in shares - I wonder which will happen first!!!

[12bn] 25/4/2017 08:53

arry,you have 'got hold of the wrong end of the stick' you fool. I am not saying NR is lying,quite the opposite,I am saying he has used large numbers of old wells to justify his claim of under 20% declines. Idiots like you and ThickoNorth then think that the new wells will decline at under 20%! That is my point,not that NR is lying but that he is deliberately adding old well flow rate declines to insinuate that the new wells will hold their flow rates better than they will,imo.

[arrynillson] 25/4/2017 08:34

12bn - I knew, from the first time I read that rns, that Neil's comment on the Mayaro decline rate being consistently less than 20% per annum would have a big impact on you as you had been promulgating that discredited Share Prophets tosh for so long but I'm impressed you've got to like it so much you are happy to quote it yourself now, whilst we wait for you to come up with the evidence to prove he is lying.

I don't hold up much hope for that evidence because you don't appear to be able to grasp that the research has been drawn from data relating to more than 100 existing wells, going back over, possibly, periods before WW2 ( that historical milestone is mentioned on page 10 of the March Corporate Presentation you presumably haven't got around to reading yet!) - I say possibly because Neil has made the statement and I haven't seen the data base but I'm sure he can evidence it - why not tell Neil you are going to the AGM and you would like to challenge his rns comment and ask him to bring the evidence along with him!

[12bn] 25/4/2017 08:09

The Guardian24 Apr '17 - 17:05 - 7660 of 7660 0 0
Who are theses people that sell at rock bottom prices? You would think that once exhausted, we could move on but no, the selling continues, no matter how low the share price ////// Good question. Firstly I am sure that last time the share price was at this level you thought the same but the share price still dropped to 0.12p. The point is this is likely not to be the 'rock bottom' imo. Many traders got sucked in here on the rally to 4p and they will want out but each one may decide to sell at different times imo. Many shares were issued here at 2.2p and some of the buyers could be cutting their losses by selling before the share price falls further. Finally LGO could inform us at any time that they have issued shares instead of cash to Lind and Lind could then be selling those shares before any RNS ever appears,imo.