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Lgo Energy Share Chat (LGO)



Share Price: 0.1663Bid: 0.165Ask: 0.1675Change: -0.0113 (-6.34%)Faller - Lgo Energy
Spread: 0.0025Spread as %: 1.52%Open: 0.1775High: 0.195Low: 0.1663Yesterday’s Close: 0.1775


Share Discussion for Lgo Energy


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StandFreeScotty
Posts: 614
Off Topic
Opinion:No Opinion
Price:0.1663
RE: LFC
Today 17:22
freeasabird - I don't know if you know you realise this but there is a big difference between deramping and being negative about a share that's struggling.
 
lfc1990
Posts: 720
Off Topic
Opinion:No Opinion
Price:0.1663
RE: re hi lfc blimey
Today 17:20
Tbh I think people are just used to the cycle now. No newbies left on the BB, but seasoned AIM veterans who know the score.

Was anyone really that surprised by the RNS and production figures? Really? Doubt it imho.
freeasabird
Posts: 3,318
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1663
RE: LFC
Today 17:19
My issue is that I want to hear from others who are buying lgo not constantly bombarded by derampers who say they are not invested.

Why deramp if you don't own any shares.

Derampers just put people off and we go nowhere Imo.
surprised
Posts: 3,558
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1663
re hi lfc blimey
Today 17:17
we are having a discussion at last, i've been pro you've been anti now we are both here actually discussing, I like it, better than before.

I also very much detect you are not so anti LGO today, personally i would have assumed you would be all over this today, along with Jcko . lll, etc highlighting the lower returns, end of the world etc but it is remarkably subdued from the usual quaters., all of them.
Now i may being cynical but it does suggest to me that some previous 'bashers' 'realists' may be considering LGO actulally may pull off the deal required and is investable, particularly looking at the previous posts, particularly Jcko, some 20 mentions of a huge placing in a matter of days, and now quiter than normal, a lot quieter have they all re considered and took a position ?
lfc1990
Posts: 720
Off Topic
Opinion:No Opinion
Price:0.1663
RE: LFC
Today 17:14
Problem is AIM. It's a complete pile of the steaming brown stuff. Don't let junk list and PIs won't get badly burned.

Even the Americans didn't go this far down the rabbit hole and they're not exactly a socialist paradise. Much stronger regulations there imho.

It's a free country though so anyone with a pulse can open a TD account online and but £50k on a load of hot air!
Sdory
Posts: 45
Off Topic
Opinion:No Opinion
Price:0.18
LFC
Today 17:10
Good point re the ramp crew trying to suck in PIs, pretty dirty tactic but it happens on these boards a lot.
lfc1990
Posts: 720
Off Topic
Opinion:No Opinion
Price:0.1663
RE: re hi lfc thanks
Today 17:08
Not sure. Most of AIM works on telling fairy tale stories about how so and so's projects are going to make money and create value. 99% of the time they're a complete pile of wonk but it's good enough to get a few months of great returns (e.g. ten baggers in AFPO last year which was a doozy).

LGO story needs a reboot badly OR to actually generate real value. All imho.
surprised
Posts: 3,558
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1663
re hi lfc thanks
Today 16:56
so funding is key, realistically we know it allows serious progress to be made, would you take take some shares here at .1675p like many this pm on the basis that we may avoid a placing as alternative sources may be open to us? It seems to be the base line for buting to commence imo
get_rich_quick
Posts: 5,476
Off Topic
Opinion:No Opinion
Price:0.1663
Infill drilling.
Today 16:55
I suppose if nothing else, our 'strike rate' in the GS was good, with wells churning around 250bopd.

If the infill wells can us back to those dizzy heights, of course finance is needed first, then and only then will i believe LGO is a recovery stock.

I think it's fair to say the recompletion wells are most likely to keep us going. Keep our production up, or at least the same, just so the creditors can be paid.
21alpha
Posts: 1,750
Off Topic
Opinion:No Opinion
Price:0.1663
AIM
Today 16:54
is the wild west, a profit is a profit, getting some of mine back on AST.




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