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Lgo Energy Share Chat (LGO)



Share Price: 3.325Bid: 3.30Ask: 3.35Change: 0.00 (0.00%)No Movement on Lgo Energy
Spread: 0.05Spread as %: 1.52%Open: 3.25High: 3.60Low: 3.25Yesterday’s Close: 3.325


Share Discussion for Lgo Energy (LGO)


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LayLadyLay
Posts: 204
Off Topic
Opinion:No Opinion
Price:3.33
24th Feb RNS
Today 20:17
cb2011 has just quoted this extract ...

""Under the facility the Group has sold forward approximately 250 thousand barrels of crude oil indexed to the price of West Texas Intermediate (WTI). The forward-sold barrels represents a conservative 15% of forecast sales from the reactivated wells and the first 15 new wells at Goudron over the 30 month duration of the agreement."

I remember there being some outcry when this RNS was released as a simple calculation shows that "forecast sales from the reactivated wells and the first 15 new wells at Goudron over the 30 month duration of the agreement" equates to a daily production rate of only 1850bopd.

Did anyone ever query this with NR as it seems to fall well short of expectations?

We need an update from NR on the average daily production rate for the first half of 2015 in addition to flow rates of the new wells. Flow rates taken in isolation can be misleading.
 
Vmax
Posts: 5,934
Off Topic
Opinion:No Opinion
Price:3.33
CourGras
Today 20:10
That was two years ago ffs, what a long memory you have , I do admit to liking your resolve and I have yet to work out who makes the most money.
Lets be honest as that's all that we are here for .
I guess its me with the long term approach but who knows
alphapig
Posts: 9,134
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.33
View Thread (3)
RE: CourGras
Today 20:05
CourGras, he probably filtered 2ears1mouth in error. Easy mistake to make.
CourGras
Posts: 44
Off Topic
Opinion:No Opinion
Price:3.33
View Thread (3)
RE: CourGras
Today 20:03
Vmax - how does this work? At 7.48 you said "you are filtered as rats clackers". But you still reply.

I think somebody suggested that you don't post after 7pm and I support their stance on that one. Are you on W or W or both? PMSL
Vmax
Posts: 5,934
Off Topic
Opinion:No Opinion
Price:3.33
CourGras
Today 20:00
pmsl , I knew it was you , good luck on your new adventure lol
LTID
Posts: 225
Off Topic
Opinion:Strong Buy
Price:3.33
Greece
Today 20:00
I just cant get my head around this Surely at the conception of the Eurozone the issues of TAX & Pensions and basic economics was discused .
S4LMO
Posts: 2,438
Off Topic
Opinion:No Opinion
Price:3.33
Pour gas
Today 19:59
You have been here a long time , lgo is like the lovely wee girlfriend that has moved on and you resent......... You need help ..... If a share really bothered me that much I would get help ..,,
Vmax
Posts: 5,934
Off Topic
Opinion:No Opinion
Price:3.33
View Thread (3)
CourGras
Today 19:57
why would you say that, without knowing me for a long time lol, I am laughing now believe it or not lol.
Hows the hot tub doing ?
CourGras
Posts: 44
Off Topic
Opinion:No Opinion
Price:3.33
Vmax
Today 19:54
I do like your style but if you own so many properties and and have been such a successful businessman, why are you relying on the SP of LGO doing well before you can afford a new motorbike and allowing your partner to retire?
Vmax
Posts: 5,934
Off Topic
Opinion:No Opinion
Price:3.33
does anyone
Today 19:53
take in what an RNS says, Half you guys should just stop now and put your money in the bank.





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