LGO Energy Share Discussion Threads

[carpadium] 15/6/2017 06:39

Had hoped the company update would have started strongly with a report based on their month long findings and intended actions. Rather than the HR charter they've issued.
If field operations are discussed tonight then we should expect a catch up RNS Friday.

[the guardian] 15/6/2017 06:38

Agreed Brasso. Get those share prices and I will have no objection.

[brasso3] 15/6/2017 06:06

I like the options strategy:-

In addition, Mr Stein will be granted options over the Company shares as follows:

2 million shares strike at 2.22p vesting at 4p

2 million shares strike at 4p vesting at 8p

2 million shares strike at 6p vesting at 12p

2 million shares strike at 8p vesting at 16p

2 million shares strike at 10p vesting at 20p

These options, valid until June 2022, will be issued following the Company's next General Meeting.

[thenorth] 14/6/2017 20:42

Jcg good man and thanks for taking the time in organising and managing the thread... I'm sure on behalf of the many a great deal of gratitude is due to you.ATBTNPs can you try to keep the current list of disrupters in place on the new thread please?

[jcgswims] 14/6/2017 19:57

Hi all,

I'll try to set up a new bb tomorrow but I may have to wait a couple of days depending on if the ticker is recognised or not. I'll put a link on here once it's all set up.

atb
jcg

[wstirrup] 14/6/2017 19:08

Columbus Energy Resources - CER? Epic?

[jcgswims] 14/6/2017 17:27

LGO Energy PLC’s (LON:LGO) much talked about reboot officially comes into effect on Thursday, with the name change to Columbus Energy Resources Plc.

New chief executive Leo Koot is steering the ship to new opportunities, seen in South America rather than the West Indies, where the group’s core assets presently are.


“I am excited about the inherent value that I see in this business and look forward to implementing a strategy to unlock that value,” Koot said last month.

“The company's current asset portfolio is strong, we are growing our production and generating cash.

“We are seeing ever more investment flowing back in to the sector. These are excellent fundamentals from which to grow the business.”

The shares start trading on London’s AIM market under the new name on Thursday morning.

Columbus will, meanwhile, pitch the group’s new plans at a re-branding launch event in the City.

[nexus7] 14/6/2017 17:21

Shale Drillers Digging Themselves a Hole as Oil Breaches $45

→ WTI tumbles to its lowest level in five weeks as glut persists
→ Double-digit output plans ‘tenuous at best’ with price dip

U.S. shale is coming perilously close to puncturing its own rally.

Just months after predicting double-digit production increases, largely based on crude prices sitting between $55 and $60 a barrel, drillers are suddenly contemplating the possibility of retrenchment as a stubborn global supply glut pushes prices below $45...

[datait] 14/6/2017 15:25

We have all done well here folks but honestly look at solo and check out recent remarks of being massively under valued this will move up very soon folks do your homework.

[brasso3] 14/6/2017 13:50

Blue finish?

[thenorth] 14/6/2017 12:54

Oh look the bid is up... I guess the MM's have figured out that no one is really selling at the mo despite the bashers best attempts.... Blue finish ...???

[thenorth] 14/6/2017 12:53

I'm guessing the bashers are running low on material... from power issues to LK proving his credibility and the latest about delisting the company...You have got to admire the effort even if the content is missing 99 brain cells....

[dodge city] 14/6/2017 12:21

What's to stop Koot delisting and taking this private.

[12bn] 14/6/2017 12:17

With a pump n dump share like this it is best to sell before the news hits or non-news in this case.Today is a good time to sell imo

[dodge city] 14/6/2017 12:17

In that case punters are getting out because they don't believe the hype.

[dodge city] 14/6/2017 12:12

MMs are already betting against any material news.

[dodge city] 14/6/2017 12:08

He needs to produce the results of the survey/review that has been carried out over the past few weeks by his mate along with a work plan for the next 12 months at a minimum just to retain credibility.