Member Info for LEXION

I’m with you guys Sunday and Zeus - ref my earlier post today!
First divi tomorrow from RRE-it’s going in here ! GLA

Rossannan
I have been in business 30 years and many times have borrowed for capex when the “prize” is right
Please don’t assume that controlled borrowing for capex is in any way wrong
Maybe I have got the wrong end of your posts but many are angled towards the wrongs of borrowing/ fundraising etc
GLA - next 2/3 weeks could be awesome!

Thanks Sunday Roast
I was also not aware of the $5m vat refund
Enough to fund the BIG one next year
Here’s to 2 great RNS in next 2/3 weeks
GLA

Agree with all said in posts re II selling down affecting share price
However if like me others here are considering reinvesting first divi back into more shares - we may have a bounce late next week regardless
It’s a tough decision turning down a week in Maldives for more RRE but id rather have a fortnight next year !
Took a look again at Amerisur today with similar market cap but only 7000 bopd currently with a potential buyer in wings to bid much more than £228 m .It makes me realise how undervalued RRE really are - if I didn’t already know it !!
GLA

Excellent thank you for the info
- I should have known

Thanks
Is that 2000 each well or for both planned
Either way 2000 or 4000 is significant

Nice find TL
I see West Brae was producing 6800 boed in first half - do we know what additional production the infill wells are targeting ?
GLA

Thank you Greedfear
All sounds very positive and gives me great confidence in UJO future
Great to filter out most bulletin board rubbish and hear from horses mouth
GLA

Soberman that is almost ramping - steady on !
But yes only a matter of time and patience here - the price will move when good and ready
Only 13 m shares has ability to move fast
I am sure the next deal will pop up out blue when none of us are expecting - that growing cash pile must be burning a huge hole in AA pockets GLA

Iamnotananalyst LOL - No need to auto correct !

PB said Q3 update would be early November
Thanks

All really positive from what I’m hearing.
Extra well now so 4 to drill in rolling programme
Looks like first 3 fully funded and the big one Royston will need help but hoping that coho May be on production by spud Q2 2020
Cascadura spud last week
Coho testing last week Oct with poss results within 14 days - looks good 600 to 800 boed is what PB is thinking

Yeah - surprised!
Perhaps RNS later before Canada opens ?

I agree Ross
That’s why there has to be another prior RNS

Yes agree Photo
Suerely will be a further Rns tomorrow with update on coho and poss next spud
Seems a bit all the wrong way round otherwise
Confident of good news through - esp with looking to recruit gas installation expect
GLA

Patience patience Ammu.
One of the most exciting companies on the market.
It’s all good - just wait for the next purchase from that huge growing mountain of cash GLA

Absolutely agree guys !!
Confirms the commerciality in a round about sort of a way
Hate to see the drift and am on verge of another top up
If I had a granny I would be selling her to buy more ! GLA

£20 on the buy on HL
Would be good to hold this level now
News ahoy ??

Divi - a nice touch
At end of day 85p per share will only cost £11 million
and not impact further growth one jot

Yep - excellent !
4% divi at 85p / share should help us power through £20
II should like these results
I’m excited for the future and won’t be going anywhere yet !