Member Info for BRB1

I recall people selling there lrl shares and topping up there len shares. We maybe get the last laugh !

Sorry replace LRL for LEN

Hi Pablo2 In the same position as yourself being around £2000 down on my combined investment. I am confident that LEN will provide a positive boost to the sp when it is back trading and will be promoted to the big brother status of the pair. Regards

Yes ,news must be coming out soon!

The MMs it's money in the bank for them.

With the fortunes of gold looking like it's on the turn and LEN closing up the shop (potentially) then is LRL perhaps also going to revisit Mount Leyshon,as well as the acquisition of there Tungsten project. JUST thinking aloud.

Are these people at. Agm doing any work or just sleeping and eating and sheeting. Give me strength to endure this monotony.

Interesting to note that the sell price people are getting is increasing each day. Speaks volumes (pun intended) In my view the 4.1p is a minimum based on conservative figures. I feel this could change in a positive way.

I'm with you Pablo2, to infinity and beyond ! :-)

Was invested here, lost £20,000, goto out with £1,300 but it in len

Agreed, don't let them have your shares. The big boys are buying for a reason. Answers anyone.

Pablo2 Thanks for your reply to my "plain English" request. Having reread the rns in more detail, then after the 4.1p payout then the shares we hold are kept on a register and if the company is then wound up then any cash left over is then paid out as a final payment ! Just the way I read it,could be totally wrong. Anyone want to comment.

As clear as mud. Can anybody put this rns in plain English. Thanks.

Not selling, I'll wait too late Feb for my 4.1p per share :-)

Correction it looking like 4p per share.

I make it 6p a share !!

Needs a rns. Strange combo of buys and sells and mid point trades. Hard to gauge what's a buy and what's a sell. If you get my drift.

My reading of the last rns was that without a farm in, then ZJS8 was to high risk to proceed with. This is because the results from the previous wells were below expectations. How this is going to proceed now is difficult to gauge. The sp is holding well at these levels so I remain confident in len to turn this around.

Jstor Agreed with you about the cash burn, it seems the Chinese are pumping extra cash into oil and gas pipelines as well as mining projects.len could be in the right place at the right time. Fingers and toes crossed. Regards

With their cash reserves and the continued low oil price,then this could not be a better time for a distressed acquisition.No hurry yet, so let's wait and see what develops. A definite Hold from me !