LGO Energy Share Discussion Threads

[holly day] 05/6/2017 09:58

Here's a question for the more knowledgeable peeps...

I am wondering about the likely implications of BP's offshore gas discovery:

There are two ways for transporting that gas, i.e., pipeline and by ships. Since the discovery is closer to Trinidad, where is the pipeline likely to run?....LGO's territory? as LGO is in the Southwest region (also close to this find). Is LGO likely to be in the way of the pipeline or even seen as a nuisance by BP... I guess you know where I am leading up to!!
:0)

[datait] 05/6/2017 09:54

LGO and SOLO will join together news out soon.

[whiskeyinthejar] 05/6/2017 09:36

I cant see how BP discovery is anywhere near LGO assets in south west peninsula? The idea that it might extend into LGO acreage sounds like a ramp to me.

The BP discovery is offshore, 80km south east of Trinidad in an already well established oil area:

[arrynillson] 05/6/2017 09:36

12bn - btw why would a retrace to 2p give a holder pleasure - perhaps you're confusing it with those who claim 'no financial interest'!

[ccr1958] 05/6/2017 09:33

Yes positive press is GOOD even from the fickle Winnifroth !!

[arrynillson] 05/6/2017 09:31

12bn - are you suggesting no one should buy a share that has been loss making historically even when the company has been making well publicised big savings in G&A ( something you seem to ignore ) and has a new leader with a different focus?

You claim you don't have a financial interest in LGO but your frequently of posting at times of a rapidly rising share price might lead people to make such a link!

[holly day] 05/6/2017 08:25

TBF, I didn't see much wrong with goalscorer's post. TW is the guy who constantly ripped in to LGO and may be seeing LK at the helm, he has changed sides....obviously he wasn't too impressed with DL and NR...as per most shareholders. Nice to see a re-rating on it's way. The only way to keep the traders at bay is for some news to consolidate at higher levels. After all, the share price was beginning to drift. So welcome any positive 'tips' reports, etc.

[nexus7] 05/6/2017 08:17

goalscorer Profile: Member since: 14 Sep 2002 1 Posts - 15 years and 1 post ???

[12bn] 05/6/2017 07:36

Any one buying now,at the top of TWs pump n dump,will have the pleasure of watching the share price retrace to 2p,imo.

[12bn] 05/6/2017 07:29

LGO ENERGY KEY NUMBERS

Latest Share Price (p) 2.60 Net Gearing (%) 13.76
Market Capitalisation (£m) 12.94 Gross Gearing (%) 21.01
Shares in issue (m) 539.20 Debt Ratio 10.63
P/E Ratio -11.91 Debt-to-Equity Ratio 0.45
Total dividends per share (p) 0.00 Assets / Equity Ratio 1.27
Dividend Yield (%) 0.00 Price to book value 0.65
Dividend cover (x) 0.00 ROCE (%) -53.41
Earning per share (p) -0.21 EPS Growth (%) 40.00
52 week high / low 4.08 / 0.09 DPS Growth (%) n/a////// Look at the market cap,£12.94m for a £4m a year loss maker!!!!

[arrynillson] 05/6/2017 07:24

12bn - you were quite happy to quote TW posts every 5 minutes when it suited your position, even after I pointed out they had been discredited - people should make their own minds up based on research - difficult one for you as you boast you don't do any!!!

[12bn] 05/6/2017 07:19

Is this the bubble top of this pump n dump? Do not be the last mug holding onto these.

[the guardian] 05/6/2017 07:06

Agreed. That was goalscorer's one and only post anywhere on ADVFN.

[12bn] 05/6/2017 06:58

Beware any TW pump n dump posts,at £12m market cap this is bubble territory for this loss maker.

[thenorth] 05/6/2017 06:22

TG beware of new avatars... usually just the same people working in the same office trying to restore their game plan to make their monthly bonus.... kids eh... who would have em!!!

[the guardian] 05/6/2017 06:05

Maybe there wouldn't be swings if people like you and toonarmy didn't trade.

[goalscorer] 04/6/2017 23:23

Interesting comments from T.W.

Questionable comment for me..."2. News. Sources close to LGO are suggesting that new boss Leo Koot has his first big deal in the bag and that news will be out within weeks. At this stage we do not know what it is but folks who should know seem very bullish."

No sign of volume to suggest any of that. So a ramp imo.
No. 3...WOW! A note from a big mouth TW refers to another bog mouth ramper!

The other two comments should not be news to LTH's....IMO.

I'm fine with TW's ramping, will allow me to trade the swings, because imo, short term, at least until the news arrives, that's all this write up will achieve. GL all.

[arrynillson] 04/6/2017 19:14

12bn - running out of LGO haters to use as source material for his posting - prototype and Share Prophets now bullish - although he claims to filter me he seems to have realised from my educational posting it was rather foolish to be suggesting that LGO would be writing Spain off every year in it accounts - I'm making slow progress with 12bn - by the time I'm claiming it's oversold he'll probably be convinced this is heading for the stratosphere!

[nexus7] 04/6/2017 18:54

From get_rich_quick Today 15:40
-------------------------------------

T.W.

Shares in LGO Energy (LGO) have started to tick higher and closed last night at 2.5p mid - well up on our 1.8p offer price share tip of just over three weeks ago. Four things are happening and we are increasing our target price to sell from 2.7p to 3p and even that may have to be increased again. So whaat are the 4 reasons?

1. The overhang of shares from the last placing has almost been cleared. That process had held the stock back but it is now almost over. And that means that the shares will move sharply on any (good) news.

2. News. Sources close to LGO are suggesting that new boss Leo Koot has his first big deal in the bag and that news will be out within weeks. At this stage we do not know what it is but folks who should know seem very bullish.
3. We also note that share ramper Malcolm Graham Wood seems to have stumbled on LGO in the past few days. Amazingly some people follow this fat old sod. It cant do any harm.

4 . And this could be the biggie. There was news yesterday from BP. It has announced that its Trinidad & Tobago unit has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad, which have unlocked 2 trillion cubic feet of gas.

BP also said it has plans to develop its Angelin offshore gas project, with drilling due to start in the third quarter of 2018 and first gas expected by first quarter of 2019. Development of the Angelin project will include four wells and have a production capacity of 600 million standard cubic feet of gas a day, BP said.

Why does this matter? Well that 2 trillion TCF of gas is very close to LGO's acreage in the South West Peninsula. It is "nearology" at play here. LGO's current £14 million market cap fails to discount even the possibility of these vast gas plays extending into its acreage.

Hold on very tight indeed. We increased our price target to sell to 3p+ earlier and even that is starting to look rather boring and cautious. An exciting few weeks lie ahead

- See more at:

(XYZ: T.W. Site)

[the guardian] 04/6/2017 17:02

LK has a very large investment company but that doesn't mean that any of the funds will be invested in LGO / Columbus Energy. Investors have trusted him with their money and may not be happy to see any portion of it used to prop up an AIM listed company, particularly one with such low production.

[12bn] 03/6/2017 08:28

12bn1 Jun '17 - 16:18 - 927 of 929 0 0 Edit
I am surprised that anyone wants to buy this loss making dog,it loses £2m every 6 months! A few tweaks and a name change isn't going to make this share profitable imo. A £12m market cap for a big loss maker with an ify future is far too much,bubble territory imo.
arrynillson1 Jun '17 - 20:17 - 928 of 929 0 0 (Filtered)

arrynillson2 Jun '17 - 09:44 - 929 of 929 0 0 (Filtered)