Member Info for LEXION

General
That would be with Arran on stream without any further purchases
GLA

That’s more like it. !!
Will be up nice and early tomorrow to hear more re this spectacular growth story

Don’t ramp too much Rookie - you will get a slapped wrist !!

Having sold most of my holding here over last 18 months -
sucked in by PW ‘s over hype and under performance .But this last week I’m back in and can sense confidence is returning
As per RNS the Central Processing Facility was due to be installed starting end Aug
I just have a feeling that first gas could come in October
This is tranformational for SDX and not before time !! GLA

Too big a deal for JSE unfort I guess -could be $3 billion for the lot

Just reading that Exxon Mobil have put their Gippsland Basen Assets offshore East coast Australia up for sale
I believe these are mature gas production fields but don’t know much more
Would be right up JSE street
Has the market got wind of a deal ??

Ok thanks - I’d missed that

Thanks 1750
Quick look -will read later
6 th sept Total cash $370 of which restricted was $90 million
£17.80 per share of unrestricted cash !
GLA

Yes nice bounce of 12% off 48p and still moving up
I was convinced it was no more than frustrating summer doldrums
Can see no reason why we should not be high 60s at current production
and netbacks
Montara drill to come and Vietnam gas project to move forward soon also
Would be nice to hear of further asset purchase
GLA

I have often thought as many on here have also I guess at what stage should I sell / top slice
Always a good idea after a huge rise - but with RockRose I have not followed my own advice but added and added again
My genuine target is a billion pound market cap within 3 years which equates to approx £80 a pop
A perfectly feasible outcome to those with patience GLA

A $7 sustained price rise would at 22000 boed give an extra $1m per week / $52 m per year
£3.33 per share Extraordinary !!!
I know RRE have some oil and gas output at fixed prices but it just makes you think what could be possible with higher oil prices GLA Looking forward to tomorrow

A divi would not dent the firepower for the next takeover/ asset purchase
I too am invested in JOG also ( sold out a good chunk on failed appraisal well though) and threw in here
JOG has pulled a blinder with recent deals and a takeover by RRE would make for a very interesting venture with
Equinor. Although I think next deal will be gas

Hello Groover
Must admit I’m a little baffled also
I was perhaps hoping for a divi to be announced although a lot of capex required for Vietnam over next 2 years
Also thought guidance would have been raised to 16000 bopd.Now Montara is pretty much on song another asset purchase would inject some life back in here
I have to admit top slicing a few recently but JSE remain my 3rd largest holding
I have great confidence in their future - just think it’s a bit of market malaise and will come good
No great hype here - just getting on with the job GLA

Interims due later in the week- Will give us a definitive answer on cash balances- although already 10 weeks into 2 nd half trading
Would be great to hear that a divi policy has been started - I’m confident on that one
Next step up on Rockrose ladder with asset purchase / deal could happen any day !!
Here’s to next week GLA

Roll on Cascadura 1
Looks like we will need a good result on this first oil play 95% COS
and some flow results from coho to get the share price moving
Good things come to those who wait ( but not too long !!!)
Spud RNS next week? GLA

In4cedross if you can’t add anything constructive to this board please go back to where you came from Thank you !

Yes agree Shellguy
Unbelievable really. Been very fortunate getting into Eco earlier in Summer (up 100%) on their first drill and considering cashing out and piling it all in here.
Ortoire prospects look immense now !! Looks like some more patience required- completely under the radar GLA

I`m with you BRB1 - He would not have mentioned it if not going to be announced with interims

I suspect between 50p to £1 a share ( £6m to £13m) is just a small snip and will not dent cash available for capex or further deals

Why would sells outnumber buys by 2 to 1 ??
It is beyond me !

yep -a step change from first well
PB indicates it should add 30 to 50 % to production
Lets hope that he survived that parrot chirping fiercely in background !!