Member Info for Rookie1

Something’s brewing

Why farm in when they could buy JOG and all of its reserves and prospects for probably 100M mcap? To cheap I know but £150M and I would be over the moon and absolute peanuts to equinor, or any big player.

Crazy how a share can go up 150% and be cheaper than it was at £8. £35 would still be to cheap but it’s a start of true value imo.

What threshold has been crossed next, this selling has been relentless, yet the sp keeps climbing,gradually.
Big re rate due here soon

Soberman, you not a people’s person are you pal?

There seems to be hints at production acquisitions on the presentation and on the rns, exciting times ahead I think.

Not invested here but watched for a while, I’ve signed the petition and I feel for all LTH I just hope if your well in the red you don’t sell the remainder of your holding trying to salvage what you can, too many times I’ve seen sp’s Tank and recover and I would hate to see anyone miss out on a recovery.
If the government don’t step in and help out here it will be a disgrace imo.

soberman is itching to say it, it’s a bagger tommorrow isn’t it mate? Go on, it’ll feel great just let it out.

Oil retracing a bit, SA saying production will be back to full flow sooner than expected, that whole situation just stinks. Staged attack to increase prices for Aramco ipo and little Donald gets to feel like a big boy because he can tweet “locked and loaded” . How did he manage to become president of the most powerful country earth?

Just look at sqz charts after their t/o it lingered 150% rise like we are now, then what, it doubled again. That will happen here and £30 is not that far away imo. And just when we get somewhere near representing value, AA will buy something else and keep us all locked in for a bit longer.

hahahahah some absolute beauty’s there.

Big bounce from here, half a bagger tommorrow Soberman, none of us will be sober men this time tommorrow.

Which would be £20 per share cash??
That’s assuming all arran capex was covered in H1 2019?

So are we thinking $320M unrestricted -post capex cash?

My god your dull. Lighten up ffs

Don’t forget our $2-3 premium ;-) so call it an extra $80 M a year at $70 oil

All aboard the rockrose rocket,departing soon.. chooochooo

I would like to know abit more about the 50% option, will that be put in place by the OGA to make sure there’s a major on board to get this back up and running? Because it seems an absolute gift if equinor are getting this just to merely reimburse JOG with the costs to win the licence? There must be some sort of price tag to go with it otherwise it’s actually probably better if equinor don’t take the option and we keep all the reserves to farm out to someone else? Obviously short term the sp wouldn’t like it but in my eyes it’s a bit of a win win here for me at the minute.

Is good news imo, if equinor were not interested or negotiating we would surely know by now.

Could be perfect, nice tick up this week before interims and then onto 20’s. Another acquisition 30’s by Xmas.