Member Info for jollygoodya

@nickel, for sure a lot more interest after the weekend. I'm comfortable with lek. Imo quite a decent play with Otakikpo already producing and gearing upto ramp to between 15-20k production. However need to resolve issues there debottlenecking and upgrades to pipeline. Not huge hurdles but thet are there. Next step to prove up OPL10 and when(not if imo) that is done then this will be a large scale producer forget mid-tier. The finance was the turning point. Am looking for well a over a quid longer-term. Near 20p on the horizon buy DYOR all. Lek is gonna be big in 2020, way beyond what Afren was going to be. But remember this is aim. So invest at your risk. Caveat done, looking at well over a pound the seismics on opl10 in years past show it's a monster field. ADM have periphery field which I believe has been producing, if i'm not mistaken but happy to be corrected.

@nickel, yup fab start to 2020, new hat and old hat combo. Afc fuel of future..

Not surprised most are holding. Re-rating nice and steady.

On bid! Massive demand..and rightly so. Stock of 2020 and we only a few days in...

Lek expects share of production to more than double to 4800, phase 2 was intended to ramp production to 15000-20,000, Lek's share at 40% 8,000 on 20k

@Opulentia, agree looks like the making of Lek and is definitely a rerate, lek already generate revenue.

@mrcalm, good mate. Am confident here, however nothing is certain on aim.

Great post Nickel. Spot on again. Personally think 20p will be brought up next week. Last RNS was absolutley huge for LEK and paves a clear path forward financially. Lets not forget Otakikpo production share too (40%) and a pretty strong cpr on it.

Welcome mrcalm, hope you're well. Lek is on start.of a journey now. Last RNS was really strong with a highly incentivised pacakge for the CEO.

All, nice to see us attacking 20p. Looks as though news of orders on card. Hydrogen the new fuel of the future. A great opp with AFC to be in gain a cheap entry into the is market. AFC are at commercialisation stage on EV chargers. Looking forward to collaboration news on other fronts.

Have to agree Nickel. Can't see a better play at such a price. If things go to plan with OPL310 (highly probable) Imo £1 will be blown away.

Lek have a participating interest of 40% and an an econimic interest of 70%. Pretty good ratio in probably one of the biggest suspected oil finds in the world. I know Afren were very excited about this one prior to their demise. So no wonder Qatar investments are wanting in on this and explains the funding.

Soaring due to US missile strike on Baghdad airport killing a top Iranian general.

Very good news. Think that news in the pipeline that will push this beyond 4.5p. Which the big investors clearly see as being very good value.

About the sp bobbing and weaving, actually quite healthy imo:-
1/flush the warrants and weak/traders
2/ help toward our £700k target.
3/More TR1's to come
4/ Healthy flush out for the next biggie RNS on funding and we will have a multi-bagger!!!
5/ project to commence RNS!
Remember big hitters involved with multi governments backing this.

Primed for next big RNS now. ORCP project progressing the nitty gritty here. Warrants will get churned easy here and push sp to next base levle imo, multibagger here. Hold, buy or add imo. This could be lifechanging for most

It's under 1p!! Just bought some. Thank you sellers and MM's.

as expected, the project fundamentals are strong. With the take up of the full quota of additional shares confirms:-
1/ All parties think the project has strong economics
2/ All parties are satisfied they will do well out of it.
3/ All parties are confident of Finance
All systems seem to be go!!

It was taken down countless times everytime it went above 0.5 and look where it shot up too after. Just need to exercise patience and maybe add on dips, but buy/sell/hold only based on your research. I've added more.

Filtering through, suspect will let it go a little and pull it back again on few sells. Collection mode continues. Eventually you won't be able to buy imo..