Member Info for LGO-fan

Do we know if this is now resolved? #AOGL still not visible on Google Finance for example

just caught up this morning on the train with posts on both BB's and judging by the Ross's diatribe in recent days, it must be that "time of the month"

The AIM-casino...article on AIM released not too long ago backs up Joe's claim. It really is a casino

cynical me takes a very different view on this....You will probably hard pushed to find many LTH's here...maybe 3.5...lots of evidence that many self-proclaimers LTHs are traders. All depends on your def on "long" of course. That CFD starts to heat up after 48 hours....
Same issue I have: LSE limitations on number of characters is prohibitive to me posting actual evidence....Oh, well that never bothers Ross!! pmsl

looks like cold weather held them back? but sorted now

a whopping buy for a little bit shy of £200. I can only assume our buyer has a £1 SP target in mind :-)

it’s like a episode of LOST :-) Glad you found your way over here! Bit of a dull affair here today. Hopefully better tomorrow

I am so grateful to be on this board. People explain me here how many days there are in a month and how many months a year... :-) So on a more serious note: some here believed our break-even point was a lot lower than 98boepd, yet the company is not stating B/E-point achieved. Instead they are saying we hope to become profitable in the next 12 months. So my question is: at what level of boepd do we think we will achieve B/E point?

at the very least!

Some pundits in the previous BB :-), have stated that the company should hit break-even point around 70-80 bopd. We are now at 98boepd in May, yet the company stated in its RNS that it hopes to becomes profitable in the next year.

Thoughts?

Yes, we have done the hard bit, now over to them :-)

from MYN BB to here :-) Like birds flying towards a sunny destination!!

No, you are the teacher’s pet :-)

I think the naughty children should all go and sit in the corner, and wait until there is actually an RNS to comment on...just saying, another idea that hasn’t been researched

but the bit before your quote is indeed interesting: “On 24 May 2019, an 11 well rework programme commenced. Six of the scheduled rework wells are now back on pump. These wells have shown the expected increase in liquid volumes with improving oil:water ratios, the Company is encouraged by the associated gas”. So my takeout is that 5 wells remaining and that throughout June we should see the impact of the 6 wells from May plus the 5 which I presume will have been in the first week of June. It’s all small numbers: the 6 done would have had an average of 7.7 bopd. The 9bopd suggest an improvement. Double that and I would assume around 18 bopd which is nothing to be too excited about.

still nothing to be happy about

yes, that is also the number I have in mind

9per day x 30 days still equals 9 per day

You keep beating the same drum. Why don’t you simply wait for some facts and figures. You can then decide to beat the drum once reviewed. Without it, repeated posting the same comes across a bit desperate.

exactly why I joined LGO, such a long time ago....for the SWP! (more referred to as Cedros at the time) Anyway, hence I got so annoyed with LK post the Q1 RNS. Still not clear exactly on what his plans are, and whilst trust and believe is great, delivery and facts are even better. Hope he convinces us at the AGM. You coming?