Longboat Energy Share Discussion Threads

[e43] 30/6/2023 12:10

Yep, looks like the loose shares have dried up,a few will be tempted to put some back onto the market as price climbs,but 15m mkt cap still values existing drill successes at v little ,not to mention Japex JV,and future drill prospects.

[bumpa33] 30/6/2023 10:14

Bid had to tick up, they were bidding the middle for size. Over the offer for any size.

[ripvanwinkle3] 29/6/2023 11:15

Actually surprising how many people are giving him their shares at these prices. Don't make much sense to me

[ripvanwinkle3] 29/6/2023 10:13

AB expecting a nice little Brucie bonus with this investment

[ohisay] 29/6/2023 09:59

Window for Velocette spud is 20/7 to 20/8 so quite conceivable we could be drilling Velocette in 4 weeks time ..

[bumpa33] 28/6/2023 18:51

Had this discussion elsewhere and pretty much concur, if it breaks there’s little natural resistance until 35-40…

[sogoesit] 28/6/2023 18:11

The big sell-off between 40 and 27 at beginning November 2022 gives a technicals view to support a rapid move up when/if it breaks above about 26.

The "round number" target for price action would be 40 in my view.

Technicals are a matter of judgement so DYOR etc. etc.

[chutes01] 28/6/2023 12:29

ready to pop over 30p quickly

[bumpa33] 28/6/2023 12:09

Agreed Ng, there is nothing in the price here for what’s on the table and a clear valuation gap that surely has to close. Question is when.

[not guilty] 28/6/2023 11:50

When she goes it will be quick. Too much upside to come over the coming weeks that's not reflected at all in the mcap.

[bumpa33] 28/6/2023 11:49

Full ask now, 22.5…

[bumpa33] 28/6/2023 11:36

Fun and games…

LBE all the mm’s are bidding in size, a couple over the mid price at 22.1, there is one offer at 22.2 so very tight.

[bumpa33] 23/6/2023 13:34

Nothing left at 22 now, best offer 22.34

[darcon] 23/6/2023 09:42

Interesting news relevant to Norwegian E&P from this morning's Auctus note: "Lundin going back to Norway upstream – Attica Energy (backed by the Lundin family) is acquiring 99% in Concedo. Concedo holds exploration licences in Norway."

Here is the original article from Concedo regarding the buy-out:

Concedo's vision and strategy are here:

This news shows that not only Japex are positioning to invest into Norway.

[danmart2] 23/6/2023 08:05

ohisay
Thank you for the link

[ohisay] 23/6/2023 04:33

Investor Meet..

[danmart2] 22/6/2023 20:15

This years drilling is key

[sogoesit] 22/6/2023 17:11

Didn't notice anything about Egyptian Vulture.
Hilda concentrated mainly on opportunities adjoining the current assets.

[ohisay] 22/6/2023 16:41

Something I got from the presentation was the mention /possibility of Third Party financing ..something that Cenkos mentioned a few weeks ago in its review note.
When you have a partner like Japex involved for financing you are bound to have Third Parties interested in taking an interest.

The one thing I missed /was expecting was...are they reapplying for the Egyptian Vulture license?

[bumpa33] 22/6/2023 14:04

Bid and offer prices are creeping up…

[sogoesit] 22/6/2023 11:38

Presentation...
- production acquisition negotiation ongoing...near term news, pre-Velocette?
- Velocette spud approx. beginning August

- next drilling after (Lotus) in 2024

Qs:
- no insider share purchases due to continued, and continuous, closed periods.