Member Info for LGO-fan

he keeps referring to his troll-palls as colleagues, which I find interesting...

not sure I get the excitement. They say they tell me in an RNS how they are going to actually make money, is the day I will buy into them. Until then: Bandini!

is required when holding, but patience is equally useful in deciding when to buy. I keep repeating, not until spring, Bandini! This waiting game has almost provided me a entry point at about 1/3rd of the sp when I was first tempted to buy. I hope I get it right, and hope this all works out for all (just not before spring, haha)

I think b99 will be the first one to state that you should apply the 20-80 rule when making your investment calls: 20% TA, 80% foundational. To suggest you can separate the two is, well dare I say it: BONKERS!!!

Yes, I get that. Had the same feeling. On the other hand, after the less than successful last 12 months+, the BOD will be scrutinised on its next move. Big time. So they need to get it absolutely spot on. With that in mind, I am happy that they take the time to do a thorough analysis...as long as the now do it quickly:-) !!

Trolls hunt in packs

it’s on the agenda every day, it seems :-) Rarely seen such a motivated Twitter-bunch

Aren’t you 12bn?

from arrynillson on that other BB “Dross - although your case is less badly argued than 12bn's looks like they have close to $4 million in the chest. I've always argued that it's quite likely the new Lind money will be taken as although operational cash flow is healthy at close to 1000 bopd they do need to CapEx a number of projects and they haven't detailed the costs - for example they need to deal with water cut on SWP and on one of the SD sites. I know that as a non- shareholder you like to get in a bit of a flap over cash but I prefer to leave the management to LK as he has a proven ability to plan ahead which some don't seem to give him credit for. It was suggested the Placing would obviate the need for the Lind cash but like you I think it's looking a bit tight but terms are such that I'd prefer him to take the Lind money as we've paid the facility fee and the conversion option terms, if exercised, would probably put a smile on the face of most shareholders! Of course you and I don't know what other plans LK has for the SWP drilling - particularly now that we are closely connected to the rig owners - perhaps the $4 million will be enough if a deferred consideration deal is struck - all will be revealed in due course but I'm sure LK is really appreciative you're doing a bit of worrying for him in the meantime!” Such a great post!

easy to laugh at other people’s suggestions. He may such have to .... maybe get options in MYN in return. Align his interest to share holders value. If MYN does well, he does well, we all do well!

no, the absence of daily charts surprised me :-) My position is clear: not investing until spring 2019. (all being well of course). Given I was tempted at 3p, I am glad I waited a bit (for once I get it right :-), Chesh)...

wonder if bonker99 and MJ are still in this share ?

his colleague, chaps!!! he said it ;-) Desk sharing, no doubt. pmsl

from that other BB...

Don't forget fellas that while the drop in oil price is negative for production, its a big +ve when negotiating acquisitions. A south american deal will be less expensive at $50 WTI than at $80 WTI. Its certainly not all about production and drilling with CERP with talks ongoing in Colombia and Suriname. Regards, Ed.

does that include the latest 2,5mn raise? We had a new ii, Burggraden (or something like that). From memory 72mn shares across MJ, Schr, Burg. Not sure what the breakdown is though.... Still leaves 500mn shares in hands of impatient pi’s and swing traders.... the bain of aim.

* to, not ‘tomorrow’...though you never know!

that’s the shortest way to glory but other opportunities will be added tomorrow our “ tool box” for sure. Won’t be too long, IMHO, before we hear more news on this. LK has stated he is looking at more transformational M&A’s....

very happy with that Q&A

so does! :-) Not a problem for me. I happily wait until spring, bandini !! (if any significant progress has been made by then of course)

The oil price is very volatile to say the least. The trolls should spread bet on the POO: quickly wins and no need to post stupidities on a BB all day long. Easy money whilst being in the pub, living and enjoying life. easy!!