Member Info for lovelife

It does seem to be settling down if the case is that a major share holder is off-loading?

Some large numbers being sold again this morning, bounce didn’t happen yesterday, fingers crossed for a turnaround at some point today.

People mentioned IOG putting themselves in the shop window?? Would anyone like to hazard a guess of SP if this happened? Just trying to cheer myself up ;-)

Does feel odd, no short term money to be made? Why would LOG drag it down ?

I read 'communication' and didn't know what that meant? can anyone add any info to the meaning of communication in this context, seems like a strange word to use. Thanks

i'v just re-read the rns and i'm only seeing positives?

iog looks like it's stabilised?

steady flow of gas guaranteed bringing in income.

( someone said the other day it may be reliant on the gas price so currently it may feel we are dealing in a commodity but gas prices forecast to go up)

financials are being handled, it may be tight currently but they are being dealt with.

the board look like they have learnt from past **** up's and have a plan of action to remedy past issues where possible.

also using this knowledge in the scenario's lised in the rns they have strategies going forward with lower risks & excellent rewards.

it look's to me like they have run the numbers and have options going forward whilst stabilising the situation?

a good strategic rns with scope.

gripe! my issue with this share is it feels like it's being played by shorts and is there some insider dealing happening here? shorting for 2 weeks has been a big ask and they have it right?

not happy with the decline over the past 2 weeks and the drop over the past few days is unsettling.

i'm in low 5.5 with a hefty chunk so not to stressed but seeing it so volatile is worrying.

no money to buy more, spent it all recently here!!! ;-)

the drill was stressful but this feels like a different stress to that because i see the rns as a big positive as stated.

in short, the potential is great, they have a plan b,c & d going forward clearly stated!! financials tight but gas predicted to rise!! we are stabilised with cash flow coming in...........all good

i read all the posts on here both good and bad to absorb all the information and appreciate the in-put. thanks

Would LoG sell in chunks like this though? Wouldn’t they off load that in 1 transactions if leaving?

@moleinahole (sorry) with regards to SP if a buy out was on the table? Any guesses?

What price would you guess the share to be if this happened? Thanks

Thanks for the information & that all makes perfect sense.

Just want to clarify on one point and it’s a maths thing and I may not be right, but I think if CalE are taking 20% of IOG proposition that will leave IOG 40% (of the total amount) not 30% ? That extra percentage going to iog on those calculations sounds like it will be important on these numbers going forward.

Thanks to 1meteor for their time & analysis of the current state play with IOG. That all makes perfect sense and I would have thought this puts us in a very good stable position. I’m happy to hold and think the potential is here. But what I’m not understanding is the deterioration since the last RNS’s initial rise on the day. (I understand share go up and down) So my question is, does this share feel like it’s been manipulated? There seems to be a pattern in the numbers with the 13k & 10k sales then purchases throughout the day. Is it being manipulated by the shorts? And if so how long do we think this will last?

My understanding was you can’t cheat the market but it doesn’t take to many buys or sells to influence this share at the moment. Thanks

30? I thought it was looking like 50? ;-)

The early articles after the RNS lead with IOG cancels rig which may look like a negative? When actually loads of positives to take from the flow rate etc. So this could have easily been skipped over by investors? But I am bemused to if I’m honest.

Ditto, thanks to those people with the knowledge to keep my faith in here. At certain points it felt like a flip of a coin over and over again. But gut feeling it would come good and those who posted technical information, kept it grounded & got me through the other side with lots of things crossed! I’m happy with a steady ship here on in & again realistic goals, followed by a steady growth under IOG’s new strategy which makes sense at the moment. Get money in the bank and let’s see what happens with gas prices!! Brilliant, extremely relieved for all. We have wind in our sails. This cappuccino is very nice this morning!

Thanks for that input, good to have some informed knowledge and actually reassuring after the rollercoaster of the past 3 months. Fingers crossed for this week because I’m hoping like you all it’s going to be good one and a turning point for iog. I’v never posted on anything, spotted iog a few months ago. Read all these posts and researched the company. Thought it was worth a calculated risk, so went for it feet first ! It’s been interesting to say the least . I now know more about drilling than I ever wanted to know.