Member Info for get_rich_quick

6.6p would be nice...

http://www.share-talk.com/share-news/lgo-energy-plc-aimlgo-video-interview-qa-with-exec-chairman-leo-koot/

1. The overhang of shares from the last placing has almost been cleared. That process had held the stock back but it is now almost over. And that means that the shares will move sharply on any (good) news. 2. News. Sources close to LGO are suggesting that new boss Leo Koot has his first big deal in the bag and that news will be out within weeks. At this stage we do not know what it is but folks who should know seem very bullish. 3. We also note that share ramper Malcolm Graham Wood seems to have stumbled on LGO in the past few days. Amazingly some people follow this fat old sod. It cant do any harm. 4 . And this could be the biggie. There was news yesterday from BP. It has announced that its Trinidad & Tobago unit has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad, which have unlocked 2 trillion cubic feet of gas. BP also said it has plans to develop its Angelin offshore gas project, with drilling due to start in the third quarter of 2018 and first gas expected by first quarter of 2019. Development of the Angelin project will include four wells and have a production capacity of 600 million standard cubic feet of gas a day, BP said. Why does this matter? Well that 2 trillion TCF of gas is very close to LGO's acreage in the South West Peninsula. It is "nearology" at play here. LGO's current £14 million market cap fails to discount even the possibility of these vast gas plays extending into its acreage. Hold on very tight indeed. We increased our price target to sell to 3p+ earlier and even that is starting to look rather boring and cautious. An exciting few weeks lie ahead. - See more at: http://www.*************.com/views/29474/4-reasons-why-we-have-increased-our-target-price-for-lgo-energy#sthash.GYztzYaX.dpuf

IN4C, Rossannan' comment of "doomed to repeat" us exactly what he will start doing soon with attempting to undermine Koot. Rossannan made countless spurious comments about NR and palmed them off by stating NR had made them, but when Rossannan was challenged he back peddled. The guy is a fool and lies to fund his own propaganda.

Cb2011, No one likes a show off.....

After today's pleasing increase I'm now only - £16,942.24......

Whether today's rise is hot air / Koot-fever or rumour mill, LGO'S pitiful market cap of £15m is under valued. Debt and current production (and assets) doesn't appropriately relate to how the market rates us and it is woeful. A clear strategy and programme (when we start) should remedy the above.

TT12, If folk on here have a similar average Sp to me, then 12-18 months is a minimum. Still, I'd rather hold and wait, than sell at an ugly loss. Let's hope the 'Koot hype' can raise the Sp, - along with some solid numbers too...

Shares in LGO Energy (LGO) have started to tick higher and closed last night at 2.5p mid - well up on our 1.8p offer price share tip of just over three weeks ago. Four things are happening and we are increasing our target price to sell from 2.7p to 3p and even that may have to be increased again. So whaat are the 4 reasons? 1. The overhang of shares from the last placing has almost been cleared. That process had held the stock back but it is now almost over. And that means that the shares will move sharply on any (good) news. 2. News. Sources close to LGO are suggesting that new boss Leo Koot has his first big deal in the bag and that news will be out within weeks. At this stage we do not know what it is but folks who should know seem very bullish. 3. We also note that share ramper Malcolm Graham Wood seems to have stumbled on LGO in the past few days. Amazingly some people follow this fat old sod. It cant do any harm. 4 . And this could be the biggie. There was news yesterday from BP. It has announced that its Trinidad & Tobago unit has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad, which have unlocked 2 trillion cubic feet of gas. BP also said it has plans to develop its Angelin offshore gas project, with drilling due to start in the third quarter of 2018 and first gas expected by first quarter of 2019. Development of the Angelin project will include four wells and have a production capacity of 600 million standard cubic feet of gas a day, BP said. Why does this matter? Well that 2 trillion TCF of gas is very close to LGO's acreage in the South West Peninsula. It is "nearology" at play here. LGO's current £14 million market cap fails to discount even the possibility of these vast gas plays extending into its acreage. Hold on very tight indeed. We increased our price target to sell to 3p+ earlier and even that is starting to look rather boring and cautious. An exciting few weeks lie ahea - See more at: http://www.*************.com/views/29474/4-reasons-why-we-have-increased-our-target-price-for-lgo-energy#sthash.vOWkpFvo.dpuf

Garnheim, I was wondering the same thing. The recent rise isn't exponential but it's gradual and it's encouraging, and with the recent buys one can only suggest investors are buying into LK (as well as LGO potential). JP at SOU brought new investors, and his PR ability hiked their Sp 6-7x higher than when be started. He had results, and that is obviously what's needed here. I'm happy for all the attention LK is trying to generate. Surely that's all for the benefit of the business, old and new investors and the Sp. Regards.

That I'm making £122 on a £1k worth that I randomly bought in an IG account a couple of months ago. To be in any kind of profit is quite a strange feeling. That said; I'm losing around £17k in my HL account. Onwards and breakeven-wards....

Who knows. Who knows.

Is it me or is Rossannan starting to become somewhat negative? This may also be coincidental due to today's 9% rise. Pesky monkey.

You really don't need to worry about LTH's, Rossannan. You're far from being an advocate for us.

That makes 8p, Emily which would suit me fine. (Selfish so and so, I know....).

Ironically, I'm in London on Thursday but I'm unable to attend the LSE presentation. Presumably, the end result will be on the LGO website or available on here? I guess LK will just repeat what he said at his opening speech in London in front of investors, but a time is going to come when he needs to clearly explain how he plans to maximise the Goudron Field - potentially on a non-placing budget. Everyone hopes that he can and does, but if be does, I'll be more fuming with NR and his lack of foresight to do the same. That said; NR steered us out of danger and prevented us from being 'sold'.

Steveho, Youre quite right, Ahmed and Ritson flew out on 16th May. No Rns is likely to occur imminently. Ross is just trying to embed impatience on the board. Soon enough his stance will turn and he'll go back to his moronic ways. I'm impressed how very few posters (apart from Chesh) seem to engage with him, as he's just going around in circles asking people what they think of Koot. Good morning.

Ha ha. Funny Q&A. I thought Share Talk may have snipped my "in all things holy" comment but nonetheless, they provides the questions as per written. Bravo to Share Talk for getting these through to LK. Some of the answer are somewhat weak but hey-ho at least the 'power of the people' had their voice heard.

How far we drift backwards until we receive stabilising / uplifting news? Share Talk Q&A? I'm not sure an Rns will appear any time soon - I'll happily be wrong though.

Share_talk posted the below: "We collected your questions and we will contact LGO management for a Q&A follow up from today's interview". Previously, Share Talk has done a Q&A but not via their website. I'm sure they did one about 18 months or so ago. It was quite informative, and I'm hoping something similar will rear it's head again.