Member Info for DelBoi

I'm only highlighting this as a base line view as I can't find any other figures on recent 2C sales. If 2C is priced at $1.25 a barrel, I envisage 2P, $3-5 Is easily achievable for LOGP , 15-17p IMO

And by way of comparison, I recently shared this. 30MMBOE North Sea 2C resources sell for $37.5m or $1.25 - barrel. Equivalent to $42.5m for LOGP 10% share of BR (2C*) correlating that, its 5.3p a share. https://www.energy-pedia.com/news/united-kingdom/hibiscus-petroleum-to-acquire-interest-and-operatorship-in-two-discovered-oil-fields-offshore-uk-174823

it's seems the only way to pick them up is if you get in behind a sell. I have missed twice this morning, pipped at the post.

Big reverse into close last on the global markets, now back positive, FTSE bounced off the 200 day moving average, gold down 5%, Wall Street up 2%, Brent up 3 % and Asian markets recovering as i speak. Media won't be shout that from the rooftops however. Now looking very healthy for the next move up!

Big reverse into close last on the global markets, now back positive, FTSE bounced off the 200 day moving average, gold down 5%, Wall Street up 2%, Brent up 3 % and Asian markets recovering as i speak. Media won't be shout that from the rooftops however. PVR now looking very healthy for the next move up. Hoping to pick up a few more here today at these prices. GLA

Happy with my sub 15p top ups, increased by 20% here today. Huge upside from this level and relatively low risk. GLA

I have been clear on my 2 year 50p price target, It's highly unlikely that this will be trading around these levels as we begin a 6 month drilling programme. I agree, volume suggests it retail exiting. No cash requirements here and potential for a buyout, I'm buying while others are fearful, correction generally happens every 6 months.

Just a correction, retail investors being spooked out of solid investments, next 6-12 months in PVR will be transformational. Fully funded and just getting started IMO

Looks overdone now, RSI well below 30.

Well I have taken the opportunity to load up again this morning, clearly this value proposition is being missed.

Excellent update, no raise in sight. Brandon Hill clearly supportive.

30MMBOE North Sea 2C resources sell for $37.5m or $1.25 - barrel. Equivalent to $42.5m for LOGP 10% share of BR (2C*) https://www.energy-pedia.com/news/united-kingdom/hibiscus-petroleum-to-acquire-interest-and-operatorship-in-two-discovered-oil-fields-offshore-uk-174823

Great to see Angus step up into an independent director role. When I spoke with the company last month, I questioned them on how progress was coming along with the farm-out deal. Significantly my question was met with, "which one?"

A great piece of PR that, Skynews, I might see that 50p price target sooner then expected..

Agree Tidd, and all the buys on the bid this morning are showing as sells, something or someone is afoot.

Its now conceivable that we could see oil hit $100 before drilling commences, with Barryroe F&D costs at $10 a bbl and OPEX at $15 bbl respectively, the project economics look increasingly better. Encouraging to see big buying continuing.

It's a rare opportunity this, taken a few more today myself. Not concerned about a raise, regards the value disconnect is enormous. Exola embarking on a $200 million appraisal programme of which LOGP own 10%. Point me towards another company with an opportunity like this. All that's required here is patience IMO

Worth noting - The HUR market cap rose to £400 million with a similar number of shares in issue, price of Brent was also significantly lower. I suspect the 346 MMBOE 2C contingent resources will transform into a figure north of 500MMBOE 2P reserves. (Given the 100% investment uplift from APEC) Continued large buying this morning.

Approximately 15 million shares bought by institutions over the past 5 days IMO. And we're still under the radar. 40% up, free float shrinking.

https://youtu.be/J7gI0YLhESY