Member Info for myfirstmillion

https://twitter.com/TlouEnergy/status/1105606380126388225?s=19

leslieby, you would just divide the amount paid for the company by the number of shares in issue which can be found on the company website.

Maybe a lot more in about a week or two's time. Whenever you get a share releasing great news there's always someone trying to put some sort of negative spin on the story. I may not have been in O & G long but I've been on AIM for around 25 years and I know a good company when I see one. This is my largest holding and I'm here for a couple of years at least. Fully funded, not many shares in issue, experienced (and very ambitious) management team with a proven track record, low market cap, de-risked by geographical location and stage of development of individual assets, near term cash generative, blue sky mid cap making potential with Jamaica! It ticks EVERY box. PDYOR.

Thx Badger99. So 'ihadanideaonce' where's your proof of this?

Sorry I don't usually invest in O & G stocks... 'This was ALWAYS going to be P&A' What is P&A? I'm guessing the 'A' stands for either analysis or appraisal and secondly what are the implications of not flow testing? Are you suggesting this is why the shareprice is languishing somewhat? Sorry for the very basic nature of these questions. Cheers MFM.

Hugely impressive figures, this will bag many times over imho. Thanks for your efforts Dcat80

yeah that's the high estimate which is obviously even better, 19 million barrels was the mean estimate I think

Add on 19 million barrels for the North which is a 26.67% increase and the total figure would be £1,697,564,216 or £169,756,421 to UOG

No it's just for the South. 15 Million barrels x current oil price @ $65.67 and then converted into pounds comes out at £748,914,376

I saw in a video that the discovery last week was worth circa £700 million for 15 million barrels so if Colter North proves successful too with around 19 million barrels that's over £1.5 Billion or £150 million for our 10% stake, surely that will command a much higher shareprice alongside all the other good news lately?

Chart looks good to me, waiting for the golden cross to confirm...

Haha me too Nige!

Conversly if we do get a joint venture partner this is going to absolutely fly! LR doesn't have the air of a man panicking...

Cheers Westie I will take a look, I've heard the ticker bandied about. All funds are tied up in other companies atm but if I like what I see I'll put them on a shortlist for when cash becomes available.

I think (over time) a ten bagger will prove to be a very conservative price target. I'll stay as long as this company shows promise. So far I've been very impressed with the management team. I think the BFS will show the value here is compelling. All the numbers look very good to me. I'm not into hyping companies and then bailing for a 10% rise. I'm looking for big returns and I see them here. GLTAH

They state the Bankable feasibility study is on schedule and due 'early Q2' and I think we'll get news on the Vanadium resource before that so plenty to come here. I really think this is a nailed on ten bagger if not more. PDYOR.

Interim results out...

I think you'll pay more by Friday

Agree with all that Tom. Chart looks like it's just about ready for another run up...

If we get the nod for the rfp AND get hooked up for the power sharing agreement then I think we would break previous highs.