Nice Day for LTH .7 Feb 2019 20:44
I am sure you can remember my post yesterday giving the share 1.38 first res which was broken . next is 1.68 which will go within the next two sessions. imo Most of the large shorts have closed today leaving the desperate to hold the baby.
please be careful as spread bets are never ending misery on a share like this. Margin calls will also be expected at the next res point as the next position gives above 2p. 26,000,000Buy* v1.351.40359.32k you were warned by SS the train has left the station , He has now went live with media interviews and will be delivering monthly now as media are all over this story . Again well done LTHvthe problem you will have is when to slice, that is only a decision you can make . Just remember that this reached 10- with no oil and not as much acreage which easily compensates for the increased shares in issue, by comparison the oil price then was a meagre 45$ per barrel now 60-70 $ is expected through out the next few years. As OPEC and Russia shrug of trump tricks , Is above 10p a possibility it has to be and more .Not advice and dyor . First find a flowing well onshore above 1000 bopd then understand how hard it is to get one, then look out your window and its there. gl lth you deserve it.ukplc.