Member Info for LEXION

Def Rre Rookie1 but can’t for hell of it find where I saw it
Yes your right IOG have rights to a pipeline but nothing in it yet hence no income (perhaps never will be )

Rookie1
I’m sure it has been mentioned somewhere that it could provide substantial income
of up to $20m a year. Hope I haven’t dreamed it

Excellent -thanks Denziiil- I will hunt it out and have a look Counting down the days till re admission. Exciting times ahead ,with that sort of cash possibly available who knows where we will be in 6 months time or what further deals are on the table GLA

Thanks Guys - so yes ive read somewhere that a large amount of cash comes with the Marathon deal to help with decom but cant find at mo . It doesn't appear to be in the RNS

Do I seriously now want RRE to come good now YEESSSS - feeling burnt this am with JOG !
Given that there is likely to be £300m cash at June30th (that alone equates to £24 a share ) Granted a large chunk will be restricted cash though - How much will be required for Decom of Marathon Assets

Disappointing But _as per RNS large part of Verbier discovery to North West untested and the barrels oil in place at lower end of range Not at 25mbo but poss 25 to 50 mbs
Clutching at a few positive straws

Hi Theshipscook1
Not many things in oil are dead certs but see no reason it wont be North of £20
24000 boed bringing in $ 900000 a day of FCF or $300m a year -backdated to Jan 1st - And NO debt !!

I would be very happy with Rickylfc5 P/E 2 to start with on readmission
I also believe that the market does not fully understand this company and that decom costs are a drag on performance
Asset life is already being extended and this coupled with greater tech advance ie cheaper costs in future can only be good for us

AS regards a dividend/ Special Divi -think this is almost nailed on and may come with interims in Sept when the market will see 6 months of production from Marathon

Couldn't resist -just topped up another 15400

Agree Mt Tiede
Huge potential here so with FCF of about $262m and mkt cap of $300m - seems to me like a screaming buy
Looking at my other oilies and will be releasing some cash from one or two poor performers to top up here today
This is so much like the RRE story

GLA

What a shocking April fools IOG played out today -trouble is it wasn’t !
I do wish IOG shareholders luck but nice to move on from this one
Can look forward to Marathon prospectus now -surely enough for AA to
concentrate on there but who knows he seems to enjoy opening the cheque book
I’m sure it won’t be long before RockRose goes shopping again
GLA

Spending more time reading IOG board at moment! -perhaps it may still end up with an RRE offer - but could it be less than 20 p ???

Let’s hope RRE know the complete details of IOG finances before weighing up a firm offer I personally think they will walk away -what a mess IOG are in !

That is £1 on the share price every 3 weeks-insane !

Oh my -that’s crazy. IOG are in a worse mess than UKOG !!!

Taken on board all posts this am but you can not
get away from the fact that 850 boed should be bringing in about
$1 million a month after netback . Way more than is required to keep lights on as you say
Sure first drill at TA is covered

Yes had a look Rookie1 and yes looks like an interesting company with great prospects
Incidentally found on an old watch list from 18 months ago at 32p
Will see how this pans out first !

Not wishing to get into the tit for tat going on here but just want to say don’t
rely on Fiona Macaulay looking after IOG shareholder interests as I think all Echo holders
will confirm she sold us all down the river !

Wow -more going on in suspension than out and that says something!! That $1million a day of free cash really being put to work Exciting times GLA

While I wait for the prospectus I dream about where the share price will open
on the fact that RRE are churning out over $1million
per day of free cash flow !