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Lgo Energy Share Chat (LGO)



Share Price: 0.22Bid: 0.215Ask: 0.225Change: 0.0138 (+6.67%)Riser - Lgo Energy
Spread: 0.01Spread as %: 4.65%Open: 0.205High: 0.2238Low: 0.205Yesterday’s Close: 0.2063


Share Discussion for Lgo Energy


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DavidGreece
Posts: 3,058
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.22
RE: The finger
Today 14:01
Lol can't be bothered to explain more than I have.

Irrelvant anyway. Key news flow will come
 
Legalease
Posts: 1,438
Off Topic
Opinion:No Opinion
Price:0.22
RE: I hope
Today 13:59
Quote from today's ADVFN board.

"not like old laylady to call it wrong on lse, but he made a serious error this time around, the share price was a gift at placing price, and he missed the opportunity to load, come on lady get a grip bud, you will be saying the creditors stuff at 0.30/0.40/0.50/0.60/0.80 and 1p, all the time missing the rise LOL, time to get onboard bud, before it really spikes, this is nothing yet, wait until 24 is broken and then it will push the 0.30's again, short call at 1p not before"
Babbler2
Posts: 22,584
Off Topic
Opinion:No Opinion
Price:0.22
The finger
Today 13:58
What is not? The rns means the holder has gone below 3%. How many they still have only they know. See they still have some as still some selling but be done soon. Then it will be let go. IMHO. Probably Tuesday. As Monday is bank holiday.

Gl
TheFinger
Posts: 165
Off Topic
Opinion:No Opinion
Price:0.22
LLL
Today 13:57
Fair enough.

Thanks for the clarification.
TheFinger
Posts: 165
Off Topic
Opinion:No Opinion
Price:0.22
RE: Latest RNS
Today 13:56
It is not.
IMO
DavidGreece
Posts: 3,058
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.22
RE: Latest RNS
Today 13:54
It's akin to below 3% TR1.
Garnhiem.
Posts: 65
Off Topic
Opinion:No Opinion
Price:0.22
RE: I hope
Today 13:54
$4.7m could be seen as a lot of money for 'working capital'!

With estimated costs of $450k per Goudron sand well.. You could get 10 of those with production estimations of 50-100bopd.

Or 47 well workovers with average costs of $100k each!

If you are saying raised funds are not being used to to pay creditors? Maybe a longer term payment plan, If that's what you are suggesting? Any willing creditor has taken payment of shares already!
LayLadyLay
Posts: 1,533
Off Topic
Opinion:No Opinion
Price:0.22
RE: I hope
Today 13:51
I suspect that some creditors will be paid by way of shares rather than cash. LGO hasn't said it will pay in cash, only that agreement with 2015 creditors has been reached.
TheFinger
Posts: 165
Off Topic
Opinion:No Opinion
Price:0.22
RE: Latest RNS
Today 13:51
I've never seen it, short or long.
Legalease
Posts: 1,438
Off Topic
Opinion:No Opinion
Price:0.22
RE: I hope
Today 13:50
...and close that short, you have already been left holding the baby, and as soon as the RNS hits we will see some serious upwards movement imo!




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