Member Info for LutherCorp

yeah could be first offer around there, then depends how badly they want it , good be significant upside from these levels imo

big buy just in at 13:5p

yeah very interesting. i wonder what the offer was hmm

someone is confident, is better news coming? appearing on vox as well...is the light switch turning back on again? who knows....dyor

huge rns could be a massive day lots of shakes

jheeze

so whats starvest stake worth

lol i understand, we all are at a loss right now i'm sure, and lth have suffered badly. vox podcast will be a good start at seeing what the next options are, if any.

jheeze look i meant it is now below the placing price and 100% drop from the 0.4s , i agree its not greatest news, but im looking at the positives from the RNS. It's a tough market right now, and so i'm awaiting to see the vox podcast and further news hopefully next week

this has dropped over 100% now below placing price , they've at least start producing even if low volume right now prior to this it was nothing: "The Company remains active in all areas and we continue to work closely with our Indian partner and the Government of Indian, to ensure that the full potential of the Cambay Project can be realised. In addition, we are reviewing several new business opportunities internationally." It sounds like money and add some more strings to the bow internationally. lots still to unfold here imo

Also, re the payments, a poster yesterday said that his/her source said they are very close to releasing this news (up to you whether you believe it or not) but it fits in with what was said in the RNS

yes i thought that too. some good buys at the end . 0215 so hopefully a blue day tomorrow. I hope as people re-read the RNS - bhandut sale value, constructive dialogue re the payments as well (I dont think they'd write something like that unless payments were very close or pretty much agreed) then people will see the play here :-)

wouldn't surprise me, its still below the placing price

saying payment news is due soon, plus schlumberger news in july, i bet this is a manufactured drop for people to get in below placing price ..classic aim games

i think the drop is now somewhat overdone. It's a mixed RNS and some uncertainties on cambay but that was the case yesterday anyway . As before, we don't know the JV venture partner on Cambay and they are still working to ''realise the full potential of cambay''. We already knew the flowrates on the wells was low from the previous RNS. Schlumberger results in July and payment news to come, plus sale of bhandut and new acquisitions. Think the drop is overdone and a buy now

yeah thats the problem, what's worse is that the recent placing was around 2p . Tricky to know how the mm's would narrow the spread on good news . I'd only be in this share if i was in the placing or around the placing price otherwise too risky for me imo

:))

i've been buying in again after leaving as felt there was too much uncertainty. The picture looks clearer now and I will top up over next week on any drops. i reckon the way things have set up with the news releases so far suggests that they'll want to present something to shareholders before the egm (end of month) or soon after (doubt it will be the latter), based on the share consolidation number. The news must be good, as you would only agree to such a consolidation or any placing now unless there was something positive happening (see echo energy - they've been told acquisitions are coming). oh and if you look at the recent consolidation on echo albeit not as severe, it has had little impact on the sp really. The share price actually rose around 50-70% in anticipation. I expect the same to happen here now, so anything around this level, there is decent profit to be had in my mind. Now that Mir has put 0.40 out there (even if he is wrong most of the time) and i'd say he is 100% wrong, and therefore cut him down to 0.20 - thats a bagger from here minimum. Of course, Lord Byron is right that if the news is pretty decent well then this could do an IRG special and have a 200%-400% day. GLA and look forward to next week .

is hit.

No problem