Member Info for LEXION

I’m out also Feel like I’ve been mugged Dreggs into RRE Just too long a wait now for good news. Will watch and not rule out coming back when TA pans out More fool me I put some of my daughters ISA in here -will do the right thing and make up her losses ! GLA to those going to sit it out

Yes what about ELM 1004 -has it disappeared!! Let’s all remember TA is the main prize here Producing co with huge assets and cash

Just a few Monday evening thoughts on what flow rates may be worth to Echo Let’s say 500 bopd net 250 to Echo at $55 55 x 250x 365 is $5m a year turnover About $2.75m with a $30 net back ?? Enough for a TA drill -that would be good! Increase /Decrease flow rates as you wish !! GLA

Yeah Just register for updates off echo website Cheers

Wait is getting unbearable! Must switch off and just wait for phone to ping with RNS Can’t believe there is not more interest in share so close to POSSIBLE huge news Any thoughts on what Springhill might flow from its own well?? GLA

2 trades this am -that’s pretty poor for little tiddler Echo that could be on way to being a whale next week Completely off radar No news is good news ??

Rns in 8 mins ?? Doubtful but getting closer all the time GLA

Thanks Abzzba Let’s hope both zones flow -wouldn’t mind the extra capex of a separate well

Just getting a grasp of situ here Would Springhill require another drill of its own ? All chat at mo as to what Tobifera may produce but any thoughts on Springhill as this was primary target ? GLA

Good RNS but a bit Jam tomorrow Don’t think there will be a rerate till SD is connected up. Then at least we should be fully funded for the years capex Back to sleep till May ??

Hi Jobbinsci
From what I can see Shell drill begin about 20th May last year

Thanks Cervelo
Looks like Repsol about10 kms or less from Echo licence boundary
Need Shell drill to come good to our West and then things really do start to look interesting in Bolivia

Excellent work Cervelo I know that we have adjoining licences but do you know how far is the Repsol drill from our boundary ? Thanks

This is potentially great news for echo as it significantly derisks their acreage Will be very interesting to hear more about what Repsol have found GLA

AAOG need funds -hopefully echo don’t Exciting times GLA

That’s good news Just sitting out the stormy weather before heading back No worries no worries

Happy New year to all JOG ers
2019 promises to be very exciting !!

So many variables ifs and buts I guess everyone on this board would have a different view on value. I always think best to be cautious but hope for better!! GLA

PTLP Just my view 50p of cash left in bank per share 25mmboe at 18% share x say $5 is approx £20m or £1 per share Cortina prospect and fixtures and fittings a further £1 per share? Hence £2.50 low case senario Each further 25 mmboe should add a further £1 Regards

No problem Dick - im still on xmas spirit tonight and my workings could have been wrong and probably are
Its as clear as mud till the drill lets us know what is there
What seams to be clear is your view Urraca based on a top end result at 3.25 $ a barrel ( £3 a share) although I
would hope that $5 would be more like the going rate

Im happy to disregard the cash in bank (£1 a share ish) as much of this is committed for future capex