Member Info for lemmink

Sold 5k @ 79p then 10k @ 79.4p ... holding 135k :-))

Could be in anticipation of results? ... expecting underlying eps 10p - 12p range?? (hopefully!) ... agree worth £1+ in that case.

Sold 5k @ 75p ... holding 150k :-)

says JP sold 1.4% on 21 June (prob circa 68p) and still holds just under 10% ... any chance of an insti wanting to buy him out? ... an insti is probably what we need to balance against insider power from a governance view?

Sold 5k by mkt order earlier @ 72p ish ... holding 155k

To buy 25k @ 70p ... currently holding 160k

Only just noticed it ... still sulking ... a bit

Congratulations ... a tad frustrating to watch for me though

Dunno, it might be just another crap heap? ... 6-8p really would be rather nice though.

Not really considered the reserves implications but increased production should counter natural depletion and keep revenue & cash generation steady for a while? ... it would be nice to get a mark up to the 6-8p level ... energy price outlook improvements may be key to getting a decent re-rate?

Could do with a bit more liquidity though lol

Initial well test result is 778 boepd.

50k @ 3.44p (ish) ... holding 400k

Congrats for holding on to so many for so long ... I cut and ran at £1.48 and have not managed to persuade my self to buy back in yet ... it may be that I am locked out now + I have started dabbling with other stuff... FXPO was a big position for me (over 50% of pf) ... FXPO is still a very interesting share to follow and £2+ type calls still sound plausible to me ... I think iron would need to fall convincingly below $50 to cause problems here, which may be unlikely? I read somewhere that the cash cost of production for the restarted Chinese supply was $57 which is possibly the main cause of the iron price fall? Re fxpo dividends ... my brokers sent me a tax voucher for the dividend paid into my shares isa but not for those into my non-isa nominee a/c (an oversight on their part ??) which they "believe will assist me in my reclaim" for the swiss withholding tax applied to the dividend (35%) ... I have not worked out what to do with it yet! ... I also currently wonder whether or not the market generally builds a discount into its collective valuation of FXPO because of the dividend tax rate applicable, since it would seem a bit odd to apply a tax if it was all reclaimable. I am not a dividend focussed investor so was taken aback somewhat by the swiss dividend muggers! ... GL

At least nothing polite :-(

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/RPT/13207771.html Production 1877 boepd & revenue $25.7m Cash ... $23m (26/04/17) but unchanged through 2016 at $20m end of year Bottom line loss $1.2m ($1m 2015) Drilling costs circa $6m Underlying EPS estimated (by me) at 1.2p Changes for 2017 are ... introduction of pipeline tariff 10% ish of revenue?? end of gas processing deal worth $250k ??? tax rates generally ? falling a bit?? possible 300 - 700 boepd hook up to production by Q4 $3m extra revenue due to acquired production running for full year Forecast underlying EPS 2017 (by me) 1.1p - 1.3p

options exercised @ 28.5p ... ****ers!

Hi & thanks, last year was brilliant, this year somewhat tricky so far, hope you are doing well.

Sold all at approx £1.48 ... possibly not the smartest of emotional reactions ... spoke to broker about the dividend thing ... sounds like too much of a faff ... I was probably looking for an excuse to run given iron price fog bank anyway ... might not be gone for long? ... GLA

1.7329 pence net on 11th confirmed ... just checked dealing account ... wow that's annoying 35% less than expected do we get the rest back at some point??