Member Info for comeonvog

Topprize tentatively is the key word

Y-Alam Past performance is no guarantee of future prices. And are you sure they were in a better position, what about the OPL 310 licence , think that might have had some bearing on the SP. IMO

Hawkey47 i didn't get my 177p but 181 will do this close to the transformation all HYR. ramp ramp. Now lets see your plan in action BH.

scoredagainsteps But keep it real , this is going to take time and money . As i said the key word is Tentatively . IMO

tentatively is the key word.

scoredagainsteps All i see here is people saying 15p/20p . LEK have stated they need funding

The Joint Venture partners remain focused on Phase Two of the Otakikpo Field Development Plan, with a Schlumberger-led consortium aiming to reach gross volumes of up to approximately 15,000 bopd to 20,000 bopd. The plan involves drilling up to five wells as well as expanding processing infrastructure. Site mobilisations are tentatively scheduled to begin in Q3 of 2019. Please refer to the Company's announcement dated 1 July 2019 for further information on the Otatikpo MoU.

Gunthorpe Why desperate , i can buy stock now at 4p .

LEK have around $4M cash . How will they fund the $68M

Why am i unlucky Gunthorpe, i can buy stock today for 4p.

Gunthorpe . They do not have any funding yet. This is Nigeria

Capital expenditure to be incurred by the Otakikpo Joint Venture is expected to be approximately US$170 million covering new wells and processing infrastructure, of which LEKOIL is expected to fund US $68 million.

SuperRoty yes but still

Under the terms of the MOU, the Major Oil Company will provide funding to the Otakikpo Joint Venture alongside the other funding partners, subject to due diligence, project economics, entry into definitive documentation and final investment decision.

SuperRoty Date of RNS please, i dont understand 1.7

SuperRoty Do you know that for fact.

brilliant post KlueLoss , the man is a walking disaster and a Charlatan. We must keep our Royalty at all cost or he will dilute us time and time again and that pillock CB.

The market is waiting on news on funding.

scoredagainsteps you know thats not always true, funds buy and sell all the time and have deep pockets. And LEK do operate in one of the most polluted areas in the world , south-eastern part of the Niger Delta .

might be because of this statement • Plans underway, subject to finalisation of funding, for a multi-well drilling programme
I like there honesty, they have stated more than once they need funding.

Today and acquire some stock, all good for next weeks HYR.

Sad to see you go aswell Leem1, we were promised plenty of news and drilling , but its gone very quite. They still have plenty of cash for buy backs , resumption after the HYR perhaps.

JL , you will be missed by me on this board. Markets have been brutal this last 6 months as Trump with his agendas rains supreme, has the US been shorting the whole of the UK stock market, feels like it.