RE: IreneKrapp12 Oct 2018 21:43
Faz
I know, just wanted to see what she comes up with .... !!! :D
IreneKrapp
You have zero knowledge on how to run a big O&G company but don't mind criticising every move that Leo Koot makes writing misleading defamatory messages to undermine the company and confuse the prospective investors!
LGO went below .10p at one point then jumped back up when the market sniffed the news of Leo joining LGO. Today's closing price is 3.75 which is 0.1875 old money which is still way more then what it was when he took over. Then LGO was full of problems with only one producing asset, pile of debts with BNP Paribas and ineffective management. In total a disaster which incurred the shareholders losses after losses, myself included. You probably don't know any of this because you joined LSE in May 2017!
Leo turned it around, restructured the company, renegotiated Lind facilities, bolt transactions, steeldrum, you name it. Made the company cash flow positive and now have 5 producing fields. Successfully managed to steer the company through the tough times and now the worst is behind us. Now the company is more stable than ever before and the company is about to experience the solid growth that all the LTH are patiently waiting for. He knows his sector pretty well, institutional investors are lining up and supporting the company. The rise is coming and there is no doubt about that.
Save this post on your digital diary.
"Next year if the plan stay as it is now and CERP starts drilling in SWP, our SP will either touch or even cross VSA capital's target" - neon
Anyway, you keep doing what you do, I'm not asking you to stop! But remember, what goes around comes around!