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Lgo Energy Share Chat (LGO)



Share Price: 1.925Bid: 1.90Ask: 1.95Change: 0.00 (0.00%)No Movement on Lgo Energy
Spread: 0.05Spread as %: 2.63%Open: 1.925High: 1.95Low: 1.90Yesterday’s Close: 1.925


Share Discussion for Lgo Energy


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freeasabird
Posts: 8,556
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 13:49
P/a*
 
freeasabird
Posts: 8,556
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 13:48
The more oil flowing out of the ground the more profit simples.

Already upped our cash flow in a month or so by £1 million.

Keep going.
rossannan
Posts: 2,388
Off Topic
Opinion:No Opinion
Price:1.925
View Thread (3)
RE: Well, fancy that..
Sun 13:04
LGO-fan

Do you trust NR to deliver that, given the way he has run the company to date? What matters is the ROCE. High sustainable levels of BOPD are no use to man nor beast in the absence of profitability, something NR has, IMO, shown not nearly enough interest in, in fact has been somewhat evasive about. What is good for the company is funding and activity. What is good for the shareholders is profitability. Not the same things, or at least not, I would argue, under NR.
freeasabird
Posts: 8,556
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 12:55
LGO Fan,

Post recommended!

Happy St George's Day.
LGO-fan
Posts: 1,129
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 12:37
it's about finding the right balance; not sure what your full programme is. Usually it means spending a full day on this BB...

NR has said since the start of Goudron that EOR would deliver the high sustainable levels of BOPD.

Long before you started poisoning this BB.
rossannan
Posts: 2,388
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 12:02
barbelfisher

Or ever if can't be funded.
barbelfisher
Posts: 837
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sun 10:41
Doesn't have to because it's not happening yet!
rossannan
Posts: 2,388
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sat 22:39
LGO-fan

With full waterflood costing tens of millions of dollars?
LGO-fan
Posts: 1,129
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sat 18:46
fits perfectly. Pretty sure it will deliver a better rerun than the infills. All IMHO
Fairman
Posts: 497
Off Topic
Opinion:No Opinion
Price:1.925
RE: Well, fancy that..
Sat 14:00
Good article supports the infil strategy




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