Member Info for DelBoi

http://www.theborneopost.com/2019/02/23/sarawak-to-chart-future-of-its-og-industry/amp/?platform=hootsuite&__twitter_impression=true The planets starting to align! Little Upland inexplicably connected to PETROS through any exclusive MOU with Brooke Dockyard - Worth noting all at the behest of the Sarawak State Chief minister. Sarawak one of the richest oil and gas states in the world, UPL market cap approximately £10 million. Patience here will be rewarded IMO.

Broker confirmed recently that the cash position is £3 million.

No haven't looked at them, just at a glance £173 million MC, big company with producing assets (I'm assuming) and probably less volatility. Im of a view that LOGP is a straightforward play on Barryroe- with a high chance of a buy out, more so then any of the others IMO. 51% of the company held by 2 institutions, who are very close to the company.

Great post amnesic, I couldn't say it better myself! Heavy infrastructure, pipelines and compression station already in place - literally just waiting to be connected to our known gas find(s) With £3 million cash, the market is valuing our assets and potential at £7 million. I find that baffling, hence why I keep buying. Steve has played a blinder here and it's been completely lost behind the disappointment of Wick. There is a very strong chance that we could be a production company in a year from now. I'm currently trying to work out flow rates and potential future cash flows. Should be interesting.

Fair play, best of luck to you too Mamms, I hope you kept a few in the bottom drawer! I sold completely out of PVR last year , without a farm-in partner on Newgrange and the associated high cash burn, I feel LOGP is far better geared towards Barryroe.

Nice one Mamms, that's a shame, but certainly explains the quick drop! I did suspect it might be one seller, have you sold the 2m already?

If I remember correctly Mamms you sold up around 1.20p - I think I bought your shares. UJO hit dust today, so if I was to take a guess, somebody was forced and leveraged out. I managed to picked up 300k around 2.33p and will buy more if it drops further! GLA

The market will eventually wake up to this little bargain. I'm expecting us to be back up around 15p in the next 3/6 months. Current Market cap of £3.7m is bananas. $12m invested in Sanankoro alone, with plenty of news flow to come! Buy wholesale as they say.

I continue to buy in stealth, targeting a 2% holding here now. Penny will drop eventually. Why would the company be looking at production options if the drill results weren't anything but positive. Meanwhile gold continues rise, soon enough market focus will adjust.

https://www.brrmedia.co.uk/broadcasts/5c503be2355d674ef131dbcf/121-mining-cape-town-cora-gold-presentation Very positive presentation

Been advised that that site survey app will be submitted imminently, over the coming days rather then weeks, always good to rewiew, also sounds like the 90 day process is just the maximum guide, lots of work already done. should be finalised before then. All an track! Have a great weekend all!!

Nice one Wraith, it's certainly been a long arduous wait for LT investors. However, I'm of a view that value will eventually win out. Hopefully most will see their just rewards. We can now account for approximately 25 million shares in our twitter group - between five of us. With a few of us hoping to add on any dips.

Correct Manyana, only 133 million if we're being pedantic. As you say once firm dates are in place we should really start to move. I have stated my 19p price target previously, based on 34MMBOE conversion from 2C- 2P, quite achievable based on a $5 bbl valuation. Which doesn't factor further upside. It's like being on a well kept secret here. IMO

Yeah, It's quite an anomaly AJED, I had a feeling it might be around in the 20/ 25% free float range, rare to find a company so tightly held, Plus the possibility of stale shares held from 10p + a number of years back. Certainly makes for an exciting Q3. I'm hoping to land more funds in here over the coming months, so I'm pretty happy with this level currently, wouldn't mind a few more around the 2p mark. I also intend on holding all my stock right through, given the known history of successful drilling on Barryroe. First announcement a possible commercial gas discovery IMO, then down to the lower oil sections.

Im not trying to start competition WBR, that's a great holding. Just trying to highlight availability. Funny thing is both of those positions amount to roughly 1% of the available free float.

Nice one Rocklawn, solid holding!

We can account for 20 million shares or more in our LOGP twitter group, and I am aware of two other individuals holding 10 and 20 million respectively. I also have a close friend who has 2 million. Looking at recent volumes, there seems to be quiet accumulation on any dips, definitely a positive. We seem to be tracking the 50 day moving average, and now look poised for the next leg up - Not big on technicals, but the resident chartis over on ADVFN might agree.

That's the plan SuperOwl, and I'm not the only large stakeholder here, quite a few others have significant holdings. Best of luck getting the 1%! With potential for early flow testing and production this year, LOGP could be producing its share of 100k barrels per day by 2021-2022. That's if its not taken out before then. Not many £15m MC company's like that on offer.

Picked up a few more here today, showing as a sell. Now on track for a 2% holding, happy to keep buying the dips. Q3. 1st well, potential- 4000 BOEPD + 200m side-track, potential 13,000 BOEPD Worth noting, all the wells drilled to date encountered hydrocarbon-bearing reservoirs, without the use of the new and improved 3D seismic.

LOGP's share of Barryroe - 34MMBOE - 2C resources - Currently valued at $0.68 a barrel. We could easily see this trading at a modest $5 a barrel in 6-9 months, which translates to approx 19p, very achievable. We might see the chinese take us out before then however.