Member Info for barnetpeter

Nor me. Near 50% profit taken. Good tip on the PPP thread this morning. That was up 18 fold this morning from the lows a couple of weeks ago. Lenigas has always been followed. Will a placing follow here? Sure....but I can see more of a rally here with that PPP cash. UKOG is nothing like PPP unfortunately

Nothing they can do about the weather. The licences are key. Went to many times this price when the Calif vote was held. Not holding many of these and will add some when things have settled

Is it 12 pence yet?

Yes the placing was at 1p. I bought them all. One billion shares. My mate Elon lent me the cash. If you believe that.....

10 pence by Friday close is perfectly possible. The herd is here in force and they have BIG money. Prices with the herd buying can go mad. Would it surprise if this soared to 40p in August? No. That is just a mkt cap of £40 million and Lenegas has seen plenty of stocks go miles higher.

Will it last? I remember one of his early stocks went from 0.02 to over 6p. Then it crashed to nothing. The deal done looks superb....too good to be true? Who knows? All I know is PPP could go much higher than anyone thinks but always wise to take a bit off the table at some stage.

IF all these deals come in AND the oil flows AND the oil price is around 80.....personally I am very doubtful. but if it does then 50 to 60 times the current price would be cheap. So unlikely though....a bit like ASOS going from 2.9p to £73. Impossible. But it did. Those are the ones we all dream of. They happen rarely. But they happen.

After a 10 fold in about 2 weeks.....hardly a tank.

Now I sold some today at 5p and 6.25p having paid 0.6. A big rally and I wanted cash. But I could see a lot higher here. 10 million mkt cap or maybe 15 million so I am keeping my free roll

I bought some at 4.5p but only because I have played chess for 60 years. Took my stake back and some more than will cover some subs on chess for a few years. The market cap sure is racy!

Wow. 0.6 to 5p in a couple of weeks. Held on but 5p is just too much for me so just sold half. Tax bill due next week so thanks PPP.

6? I need that for a 10 fold

Was easy to buy below 2.50. May open below 2p or lower if a placing of course.

Lenigas should strike fear in every investor. UKOG to name one. Horse Hill another but not all his fault. So many others. But could he sell a story! Boom! Just never lasted so watch your profit like a hawk! Freeroll is never a problem

Quite right James. Gone from 0.55 to over 3p in a day. Still low mkt cap but a placing would not surprise. There WILL be a sharp pullback soon because there always is.

Holding rns. Dont buy if you are nervy of a placing/sudden fall.

I bought these at 1.8 and sold out at 2.2p. Bought back in at 0.6 last week after I noticed a few nosey buys and a tip on twitter. Plenty of selling tomorrow from those that bought below 1p....but I reckon we might see heavy buying too. So another 100% rally is easily possible as the herd charges in. Will keep a freeroll though as this could go to anything.

I reckon suspension on Monday morning is a fair bet. Who is going to put good money in this company with Labour about to get a huge majority and ban OG?

The top faller today has gone from 61p to 0.3 in a few months. Lets hope a bounce and we can run away

Meanwhile Labour today say electric only by 2030....its mid June and rather cold by 6 pm

I have written off my punt in Deltic and I suggest others do so. Just the wrong time. The company has lost a key asset and is definitely in the wrong place. Labour are going to get in with a landslide and confirmed again this week....no more licences etc. Whether North Sea or elsewhere how can anyone raise new money in the UK for OG? No chance of raising imo and I see all of this type of company going bust. The pension and other institutions will be told green only on July 5th I reckon and they wont look at anything. Shell is thinking about moving to the USA....of course they will and BP will follow. The cheers from the Left of the Labour party will be deafening.

This was tried in New Zealand and nearly demolished the economy. Emergency powers were put in for power cuts for domestic so that industry could continue. They managed to import enough and reverse the policy and the PM resigned......but I cannot see that happening here. Green is a religion here. If we freeze sobeit

Not all management fault. Our new government will demolish the oil and gas sector and will then import at huge costs as part of Green. sigh.

Shell themselves will leave the UK in time and take BP with them. The UK will freeze and property will be full of mould. But we will save the World as China and Russia will learn from us.....oh sure.