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Lansdowne Oil Share Chat (LOGP)



Share Price: 11.875Bid: 11.75Ask: 12.00Change: 0.00 (0.00%)No Movement on Lansdowne Oil
Spread: 0.25Spread as %: 2.13%Open: 11.875High: 11.875Low: 11.875Yesterday’s Close: 11.875


Share Discussion for Lansdowne Oil (LOGP)


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ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:45.75
CPR NEXT WEEK?
26 Mar '13
According to a poster on advfn LOGP bb.

D4G8
26 Mar'13 - 14:58 - 7684 of 7686 0 0

Had a natter with a director at PVR. CPR has been completed. It's currently with the Irish government civil servants (of the relevant dept) to get their approval. They need to have a look at it first apparently, and needs their rubber stamping before it's made public. Publication to the market time-lined for next week."

Is this poster telling the truth? Who knows?
 
ultrapunch
Posts: 4,194
Off Topic
Opinion:No Opinion
Price:45.75
CPR
26 Mar '13
Well if PVR are going to issue the Barryroe CPR before the end of March as promised they are cutting it fine. I suspect now it will appear in early April. At least it's something that lander can't blame LOGP for.
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:45.75
LOGP chart
25 Mar '13
ultrapunch
Posts: 4,194
Observation
Opinion:No Opinion
Price:45.75
lander
25 Mar '13
I don't care what you think, buddy!! I make my own decisions. I don't have to account to you for my actions. If PVR don't issue the Barryroe CPR before the end of March as promised then there is nothing I can do about it.

The same day last last week I topped up on LOGP at circa 47p I also topped up on FRR at circa 0.55p. I sold some of those FRR shares for 0.70p today. Some you win, some you lose, in the short term.

Last summer punters were paying up to 70p for LOGP after the Barryroe resource update of late July. Yet a month previously you could buy LOGP shares for circa 30p after it had fallen from the 80p achieved intraday just 3 months earlier on the Barryroe drill result!! LOGP is very volatile. I can see the LOGP at 80p again this year. In fact I can see it going higher than that on good news. If it does then whether I bought at 47p or 43p or at your 53p will be immaterial.

LOGP is news driven. I topped up on LOGP last week because the Barryroe CPR could have been issued last week. It wasn't. It could be issued this week. That's what PVR promised, but AIM oilers have a track record of not always sticking to their self imposed schedules. If the CPR isn't issued this week then I will have made a mistake topping up last week, but it will be MY mistake, not yours buddy!! You wont have gained or lost anything by my mistake so just chill my friend.
lander
Posts: 3,357
Off Topic
Opinion:No Opinion
Price:45.75
ultra
25 Mar '13
The savvy investor who bought last week and only four days left for his significant increase in the sp here.tick tock
ultrapunch
Posts: 4,194
Answer
Opinion:No Opinion
Price:45.75
BealBocht
25 Mar '13
Hasn't had any effect on the FAST sp though has it?

Savvy investors can see through spin.
BealBocht
Posts: 63
Observation
Opinion:Buy
Price:45.50
Ultra....
25 Mar '13
the sp drifted up on the rumour of the good news previously, before crashing on actual news - this rule appears to have been broken. Note Fastnet's news today - now that's how to spin a farm-out!
ultrapunch
Posts: 4,194
Answer
Opinion:No Opinion
Price:45.50
BealBocht
25 Mar '13
I don't think it's surprising that the LOGP sp is drifting down. AIM shares invariably drift down on lack of news. I think that's been exacerbated at LOGP by it's very low "free float".

The LOGP sp needs a boost from a good Barryroe CPR and the 3 farm outs. Unfortunately the Barryroe CPR is solely in the hands of PVR and whether it will issue it, as promised, before the end of March is open to question. Heaven knows when the farm out news will be issued.
BealBocht
Posts: 63
Observation
Opinion:Buy
Price:45.75
PVR RNS
25 Mar '13
JP Morgan Chase increase their PVR shareholding......No Barryroe CPR yet. LOGP sp fall baffling. Ultrap, your mail of Friday 18.55 gives me some optimism
ultrapunch
Posts: 4,194
Off Topic
Opinion:No Opinion
Price:46.25
lander
25 Mar '13
tick, tock. The clock is ticking. LOL.



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