Member Info for Lobon

Has anyone contacted the company , nomad or firewall that is cammarco ?

Agreement signed for New Renewable Energy Projects .....nice project to compliment forthcoming oil deal

looking perky today news overdue here imo ....

Price action looks like a move on the cards is imminent, move upto 35p area

As part of an UK oil and gas research note today, Nathan Piper of @Investec raised his oil price forecasts, leading to him up his Buy rated @JadestoneEnergy target price from 125p to 175p $JSE

Also worth noting that AK bought stock in recent placing here over double the value of what save have put into Lek today

Am correct £0.9m invested in Lek , for 177.1m shares . With options on a further 22.9m shares making 200m or 25% of the company.Hardly material however gives exposure and influence over a significant 774 MMboe of reserves .
Save will now let Lek sort its internal wrangling out over the next weeks and months . Perhaps save will appoint it’s own board representative to advise Lek accordingly.
Excellent deal for save regardless of Lek/afrens past history. Hopefully Lek can leverage saves excellent track record in Nigeria and get Lek back up on its feet .
AK has certainly not bet the Crown Jewels on this but certainly could get a large cheap asset years down the line for at least 25% discount

It appears that save was in a holding position whilst the bond holder got out . Bouncing around 26-28p mark .
It reminded me of the weeks before suspension treading water until deed is done.
Now seller is cleared , slack has now gone shares safely tucked away . The hand brake comes off for the next leg up
34-35p pronto in my opinion

And looking strong early doors

awesome added a nice lump today

They are not obliged to suspend as no material news has been released…. After hours tonight imo , before market opens uk

If it was unsuccessful I don’t think they would announce so quick into the drill ….

Sniper
I don’t believe adv will suspend however I believe cvn will announce after hours tonight

Trading halts are standard practice in Australia, mainly around funding and placing.
Asx rules state ….Typically, this will arise where a listed entity has become aware of information that a reasonable person would expect to have a material effect on the price or value of its securities but it is not in a position to make an announcement about the information to the market promptly and without delay."

Feel a bit sea sick watching this today lol

one significant thing i took from AK presentation last week was they plan to pick the low hanging fruit with him saying there is a lot of oil behind pipe .
this i believe could be significant production in the short term , with minimal capex .

Cheers kom , again today they will take 100k off me at 27.5p this is going up probably follow yesterday’s pattern

There was a lot of conjecture regarding vitols involvement here whilst in suspension, however that’s all gone quiet since relist. Also I note there has been no holdings rns since we relisted last week .
Any thoughts from holders on this …. Is it safe to unfilter the Dmong yet ?
Good news as I’ve been a holder here for many years I bought a tranche at 26p years ago and today it finally got into profit .
However my 7.5p buy is sitting just under 300% profit overall very happy to hold long term here just contemplating realistic share price targets .
70-75p here would get me a very nice place abroad , no pressure AK

Being offered 25.75p for 100k , news at the end of this month to coincide with the malcy interview imo

It appears that this is have a nice orderly rise up over what I originally expected to be a volatile opening the first two trading sessions.
Markets original reaction was a bit lack lustre for me if I’m being honest. Now happy with a slow build up to where this should be 35-40p imo .
Not much still priced in as I believe if we were trading throughout suspension it would be well above 25p .
Anyways long termers seem to be holding here as will I do for life changing gains
Dyor GLA