Member Info for LGO-fan

they don’t need another one!! They need less of them. For such a small turn over you need a lot smaller team, they need to stop behaving like a big business, right size the organisation and build the company from the ground with a lean, mean and entrepreneurial outfit. CEO, my ass. We are talking about a mcap of 3mn!!! Not 3bn!!

I had my reservations about TB at the interview. Only thing he said was “we control the well top to bottom”. And? Who gives a flying ****! I suggest you start managing your P&L top to bottom and come back to us when you have sorted it out!!

I would suggest all of us send emails to the BOD asking for explanation regarding H1 revenues.

Yep, all the more reason why those who claim to be “in the know” are either liars or simply too incompetent to be true.

This is indeed a con, and afraid this is finished.

“Pearls to the swines” my father would say

Decisive actions needed, including slashing SG&A, removing CW, having half of salaries paid in shares to align interest with shareholders etc etc. And it needs to happen ASAP

Still our 2 resident disinformers refuse to comment on the H1 revenues. It’s clear to me: it’s either due incompetence or because if dishonesty. Either or, but have the guts/intellectual integrity to come out.

ps1 (note I did not invest because of any of their stupidities posted here - PQE or otherwise)

ps2 adding DYOR at the end of a post does not absolve anyone from purposefully trying to disinform others.

PQE back in .20’s-zone. will be soon low 20s

Saldado: 43 million bbl of proved reserves, currently 2500 bopd and plans to get that to 6,000 I believe.

Now think about SWP... twelve mapped prospects over the broader SWP area, each having volumes of between 20-400 million barrels in place.

Am I ramping? Time will tell! lol

Spot on, Discov0verer! His/her posts (equality Sisters!) are laughable.

even if we assume no revenues at all in the first 5 months, than 132 still makes no sense. Unless they only produced oil during 2/3rds of the month of June. Shambles

Who is Manon?!

“Manon – please tweet Monday morning at 8am and add the to the Website G&A”

Three cheers for Manon, please

aogl will need it, because at 2mn SG&A, it will be quickly game over.

!!!!

The numbers do not add up. Very fishy. Even Helpless and Ors can see that. Their silence speaks volumes. You guys have been conned!

Indeed! The only reason why Ors and Helpless bang on about PQE is because there is nothing else to say. Sad, but true. And even our (paid?) residing rampers admit that.

btw a CPR isn’t a sweet number that falls out of the sky. There is a correlation between., errr....Oh, yes...production numbers....oooppppssssdd

You need to learn to be honest and stop manipulating everything: the informed decision is based on what is in the company’s finance report. Numbers don’t lie, Ors. However much you like to spin

this company will be finished in 6 months max at this rate.

I think it’s a combination of very poor communication on the BOD’s side and probably (false) expectations created by previous RNS (“190k per month) and other shouting “we’re at 300k per month. conservatively they added.

Good for TB to do an interview basically saying who he is, coming across as sound and trustworthy but a bit nonsensical to simply issue the latest RNS without any form of content, communication, contextualisation. Very poor. The BOD should have done a similar interview about the half year results.

20,000 is utterly ridiculous. They have a million in SG&A!! what the hell so they spend it on. It is certainly not leading to much (at leat not that we can tell because they are not explaining the numbers): so either they slash their SG&A by half or they demonstrate they can turn this into
a profitable business ASAP. After 6
months of decent RNSs, this is a slap in the face and “back to square one for me”. I wanted to let the RNS sink in, take time to reflect, but it’s simply **** poor.

Anyone posting on a daily basis, pretending to know more, claiming to be on the inside should be profoundly distrusted. Even when the, occasionally, post some good research on this board. I see it as bait to catch those who are of good faith. Watch out is all I can say. Take note of their bold posts and benchmark it vs RNSs. Someone posting we should be at revenues of 300k per month, who does not speak up it turns out to be around 40k should be distrusted. Loads of peeps on AIM twitch less than honourable intentions. Just watch out for them