Member Info for LEXION

Yeah Thanks Sunday R
I’ve been burnt with JOG and Echo this spring on a “dead Cert “ - fortunately cashed out v quickly and topped up here and RRE.
I think I know now what to do
Cheers

1-0 for topping up now.
Please keep thoughts coming! GLA

We are all getting very upbeat ! -and def amazing prospects.
I thought I was all invested up but now thinking of moving some more cash about to top up
on Tuesday -or do I wait till after 1st drill and jump in then -decisions decisions

Hi Jhaylock Will check out that fund Interesting that they have a large holding in RRE and it is main market listed ?

£350m market cap would equate to 27.75 share price -got to be somewhere close ?

Rookie1
Yes def can look to compare with JSE but looking at production RRE have about 23k boed at current time to JSE
about 15.5k Hence on your basis market cap of RRE should be about 40% higher ie £350 m I would think would be realistic GLA

Quick glance all seems to be good No dividend at this time
Marathon deal to complete early H2 - a while to wait yet then

I like your thinking Breq !

Thanks Investor81 for some clarity.There is the rest of today for RNS then
I don’t think the Marathon deal should impact yr end results at all

I was expecting our Yr end results this morning ?
Can they be delayed without penalty if in suspension ?

Mike - I also have a few JSE
By yr end they should be producing 20k bopd at a premium to Brent with a move towards 30k from current assets over next 3 yrs 20k x365 x$40 netback gives approx $292m of cash. Growth hungry company
As others on board I think TXP has huge upside from this summers drilling GLA

Signing of gas off take contracts next piece in the puzzle now fitted
Hoping for good Stag infill well RNS this week

And also a nice chunky special dividend would be nice Breq !

Thanks Gizzy87 for posting article. Just snaffled up a few more at just under 17 p
- couldn’t resist GLA

Thanks for posting Alchemyex -Prospects are stunning !

Nice steady rise today -Stag infill results should be with us next week

1000 extra bopd @$75 will do nicely -another $18m of FCF into the kitty

Last yr 30th April

Thanks Investor
Although we wont learn too much I’m sure -they will reconfirm all our thoughts
on potential here
I hope a special divi might be announced !
2019 Interims will def be exciting with a full 6 months of Marathon
GLA

Moving nicely in Canada this aft up 6.6% (18.4p) Looking good for us for tomorrow

Last year Annual report and financial statements at end of April - can we expect the same this week even though
in suspension? Another 4 weeks till prospectus and readmission ??