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Lgo Energy Share Chat (LGO)



Share Price: 0.1125Bid: 0.11Ask: 0.115Change: 0.00 (0.00%)No Movement on Lgo Energy
Spread: 0.005Spread as %: 4.55%Open: 0.1125High: 0.1125Low: 0.1125Yesterday’s Close: 0.1125


Share Discussion for Lgo Energy


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Siliv
Posts: 1,284
Observation
Opinion:Strong Buy
Price:0.1125
RE: Consolidation
Today 08:22
Consolidation is necessary for future placing end of. If any of you think differently you are IMO being very naive. There is nothing unusual or underhand in the way in which the nominal amount is being kept at 0.05p it is pretty standard. Ignore the bashers especially Ross who are doing this subject to death. It shows to depth of his misunderstanding. Consolidation is for future placing for future opex and capex to allow the company to move forward. The alternative is increased debt or stagnation.
My one comfort is that I hope the 'bigs' (sorry for using that term guys) keep NR in check over opex and focus him on capex and production increase.
 
Horseyhead
Posts: 377
Off Topic
Opinion:No Opinion
Price:0.1125
RE: Consolidation
Today 08:13
In4 I believe he is saying voting against consolidation will stop the company meeting its contractual obligations thus putting the company back into the mire it was in before, strangely I find myself agreeing with him if that is his take on it. :-)
in4cedros
Posts: 2,922
Off Topic
Opinion:No Opinion
Price:0.1125
RE: Consolidation
Today 07:58
LayLadyLay - are you suggesting that the Consolidation vote Resolution 1 is now to be seen as some form of no confidence vote in the bod - I believe you are scaremongering - again!
stocky18
Posts: 327
Off Topic
Opinion:No Opinion
Price:0.1125
Sp
Today 07:56
Will we c 0.10 today no news again come on nr
hulie
Posts: 390
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.1125
consolidation
Today 07:51
discussion on this has been done to death, move on please.
MRPlumper
Posts: 1,321
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1125
RE: This could be the bottom
Today 07:51
Masterbater
Please explain then smart ass
harrizma
Posts: 344
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1125
No spud rns
Today 07:45
I don't think it's coming this week chaps, likely next week late sometime imo, carnival happens next Monday Tuesday so why start the drill then stop for 2 days, I'd say from 1st March. Only then if NR hasn't got another excuse will it start to rise.
rossannan
Posts: 1,962
Off Topic
Opinion:No Opinion
Price:0.1125
RE: Consolidation
Today 05:30
LLL

This wording refers to Resolutions 3 and 4. No shareholder can sensibly vote against Resolutions 3 and 4.
LayLadyLay
Posts: 2,225
Off Topic
Opinion:No Opinion
Price:0.1125
RE: Consolidation
Today 01:36
Ross ... as I said a couple of days ago, be careful what you wish for. Don't assume that voting against consolidation would be in the best interests of the company. This paragraph from the circular letter you refer to should be read and understood.

"It is important for the Company to be able to meet its contractual obligations and to provide for working capital to support the investment opportunities outlined above. As a consequence the Board is seeking the authority to issue shares for the purposes of sustaining the underlying business and create opportunities for value growth. It is only with the support of Shareholders, coming from the approval of these authorities, that the Board can feel confident that it will be able to maintain the Company’s licence-to-operate."
MasterRSI
Posts: 3,131
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.1125
RE: This could be the bottom
Tue 23:22
Plunker

Are you talking to yourself or you are on drugs/drink so early on the afternoon?

Mammy will help if ask nicely otherwise look at the trades for sells earlier.
trades ... http://www.lse.co.uk/ShareTrades.asp?shareprice=LGO&share=lgo_energy

note: one has to know how to trade, in and out in this share, in again today




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