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Lgo Energy Share Chat (LGO)



Share Price: 0.275Bid: 0.27Ask: 0.28Change: 0.00 (0.00%)No Movement on Lgo Energy
Spread: 0.01Spread as %: 3.70%Open: 0.275High: 0.28Low: 0.275Yesterday’s Close: 0.275


Share Discussion for Lgo Energy


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jamesy1
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.275
Drops to placing price
Today 01:23
When this drops to near placing price, this an opportunity not to be missed watch this space, anyone in around 0.2 today will see 100 profit in a month or two (only my view glad to share it with the negatives)
 
jamesy1
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.275
3.25M
Today 01:19
3.25m fundraising and loan restructuring and TVR, all good instituional backing, BNP on board with the new strategy, production on the up all good news, next few months with rising POO will be interesting here for sure, definately a recovery play, anyone seeing it anyother way needs their head re adjusting or they here sprouting off for other reasons
jamesy1
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.275
Funding sorted
Today 01:15
Finally sorted, very positive now, onwards and upwards, wonder what the sad crew have to say will be interesting how they try to put a negative on this one
freeasabird
Posts: 1,995
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.275
RE: Lgo drilling again
Today 00:12
Sick man..
Referee
Posts: 32
Off Topic
Opinion:No Opinion
Price:0.275
RE: I think I see a Pattern emergin..
Wed 23:40
Jacko you on the naughty step, see your post has been removed for advising someone to sell.

Funny thing is he could buy and sell you regarding is knowledge of LGO.
goupplease
Posts: 5,846
Off Topic
Opinion:No Opinion
Price:0.275
View Thread (3)
Lgo drilling again
Wed 23:29
Sadly not wells but pi
Nianjabi
Posts: 191
Off Topic
Opinion:No Opinion
Price:0.275
RE: One question
Wed 23:12
I do not believe for one second these complete sado's are either not invested or have an agenda, which is to completely drive down the SP for s cheaper buy in, trade at a higher SP, rinse and repeat. They are Traders, simple as but don't have the balls to admit what they're doing.
We all knew the placing was coming, but it's music to their ears... Ghis will be jumped on, exaggerated, manipulated, twisted and fook knows what else just so these muppets can ultimately get what they want.
Dyor and trust in your own feelings, I would waste one iota of thought on the likes of LLL, Bile, Surely, EBD, the finger etc. All a bunch of complete dweebs that bash there keyboard all day, spouting negativity as clearly they have nothing better to do... Undoubtably they will object and claim they are acting for the greater good, protect new investors, have an interest in the share (albeit a completely unhealthy fatuation if you ask me!!) check their posting history - it speaks for itself! Dread to think what LGO related (wet)dreams they gave at night.... Probably bash a bit more than the keyboard me thinks! :0D
in4cedros
Posts: 1,230
Off Topic
Opinion:No Opinion
Price:0.275
RE: My take on this
Wed 23:06
LayLadyLay - your ' take' seems to be based on the ************* view of LGO which I trashed the other day and you didn't want to talk about- even though you were the one drawing it to my attention.

You say ' only work overs are mentioned ' - you only have to look at the penultimate rns to see an example of what they are actually doing - looks to me like this is pretty similar to the result you'd get drilling a new well - results look good too don't they LayLadyLay!

These are early days in the new campaign but if you've got some solid evidence that drilling in the GS is not economically viable I'd like to see it - but don't refer me to that joke article again unless you're going to say it was written by a 7 year old preparing for the SATS in which case I'd concede it wasn't a bad effort!
Eliwallach
Posts: 466
Observation
Opinion:No Opinion
Price:0.275
View Thread (3)
One question
Wed 22:52
Always comes back to me reading these boards:

What type of life must you lead to spend all day and into the night, writing negative comments on an Internet board of a penny share that you aren't invested in? I mean, what type of life is that?

Just let that sink in!
LayLadyLay
Posts: 1,405
Off Topic
Opinion:No Opinion
Price:0.275
View Thread (6)
My take on this
Wed 22:37
The $4m restricted funds that was in LGO's account is now gone. That's how they have managed to reduce the debt still owed to BNPP but they still owe the bank $4.87m albeit at reduced repayments.

The worrying aspect for me is that the funds raised don't appear to provide for any drilling of new wells. Only workovers are mentioned and repayment of existing trade creditors and working capital. So it would seem to me that they still need additional funding before they can spud a new well.

This placing was always going to happen as the alternative is to switch off the lights for good. But I don't see this placing as more than temporary survival and LGO may have difficulty in managing operational costs while they still have to make significant repayments to BNPP.

I still think the company is running on fumes and consolidation will likely be the next step to raise the sp to a level where they can offer more discounted placings.




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