I don't have shares in LGO but check in regularly to compare Ritson with Landau. An interesting point in their RNS today is that they even needed to get permission to cut down trees and this caused a delay. May help explain why Range take so long to get permits. Wonder if there are any other side issues that require permits? I also note they are drilling between 300 and 1000 ft - what sort of well pressure is that going to create and for how long?
That's therefore a huge amount of capital plus unrealised holding gain to have riding on one share, let alone a smallcap one. I made that mistake here backalong - as did others - never again. Good luck with exiting safely eventually.
Well you were right there was a bit of a sell off today but closed 5% down, held fast this side of results but will keep a close watch over the next few days. Still sitting on a £32k profit on AEX, not going to watch that disappear
I will however be watching AEX closely as this develops, test results due by end of Feb. There will be a lot of short term money piling in now of course. Will also look back at the SOU chart and compare later as there are strong similarities between the two companies.
Not really, in the grand scheme of things. Range chart over the year: https://www.screencast.com/t/jQzqWBx9Pt9q It's doubled, and it's lowest low is now (just) over a year ago. Gosh, I feel rampy with thopse sorts of comments. On the more familiar downside, don't forget to sell your AEX, looks like a massive spike culminating today in an RSI of 95, dizzy.
Look at the trades, at least 7 million of that 11 million were buys, a significant percentage with a much higher trading volume than of late. A year ago everyone told me that I was blinkered in my belief of Aminex too which was then less than 1p Today they are over 5 pence and I am 128% in profit. Range is time is coming too, it just requires patience now.
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