Member Info for rossannan

Vmax For months I offered evidence that I was invested to everyone who suggested that I wasn't. Not one took me up on the offer. Not one.

Vmax Not everything. Not the state of the SPFL nor the erosion of the Great Barrier Reef. But most of the rest.

Vmax A valiant defence of the indefensible - but all that CAPEX, including the CAPEX over the 7 years since I first invested, has only returned something that the market values at £15million on a good day. Not that much of the capital raised was wisely spent and I suspect that quite often NR's suppliers saw him coming. In talking about "bang for your buck" LK may be acknowledging this and trying to distinguish himself from NR. I really hope so.

Vmax Responding to burnie38's criticism of my posts - they weren't "tosh", they had NR bang to rights. Surely you wouldn't want him back?

Vmax If it wasn't for NR we might not have had an existential crisis in the first place. Academic now though, it's all about what LK can do with the hot mess that he's inherited.

PinWiz Stop calling me Shirley. burnie38 Was I wrong about NR?

LGO-fan I think actions (or at least RNSs) will speak louder than words here. Would LK not be of more use to LTHs helping to kick the tyres in Trinidad and follow through on his "bang for your buck" pledge? If LTHs have stuck with LGO this far, LK hardly needs to worry about them being shaken loose now. Or is a fundraise in the offing?

LGO-fan What purpose does all the share promotion serve though?

PinWiz I think the lack of coverage has been about the size of the company / stage that it has been at. Malcy has made some very good calls, particularly of late. In the past though I have also seen him praising NR, so be wary. All the PR in the world means little to LTHs - something concrete is required on funding, something that addresses the cash burn and demonstrates a clean break with what has gone before (kitchen sinking is nothing to be afraid of). For example, look for detail on intelligent interventions that make demonstrably better use of what funds LGO has left, news of access to non-dilutive funding (or indeed a combination of those two things). Without transparency on funding, it's all just hot air that plays into the hands of traders. Big picture waffle about waterflood (not working out for RRL - told you) or about the SW Peninsula just won't cut it - we've heard it all before. If LK gets his priorities right, this could motor. If he grows a moustache and starts talking about jam tomorrow - watch out.

petersalkeld Smart move.

petersalkeld It's what he says in RNSs that counts.

Chesh All good. You?

MorningJan That's hardly a spike by oil price standards (though still a positive).

limopeter Agreed. ptrotter Bear with.

limopeter Just keep an eye on LK's top lip...

ptrotter Why horrifying? I have no position. Still waiting for something concrete from LK. Have parked the money in TRIN at 13.5p in the meantime. Not interested in betting on what folk might do on the back of a presentation which probably won't be preceded by an RNS. Far more interested in hearing about LK's "proper petroleum engineering" than his ongoing efforts at share promotion, indeed becoming a little suspicious of the amount of share promotion that seems to be going on.

in yet another presentation? If it's on the back of an RNS tomorrow that contains something concrete, that's a different matter. Otherwise - meh...

S4LMO I know he's better for LGO than NR!

Chesh It's a better attitude to shareholder value that matters - if he doesn't have that the only difference will be the LTHs being relieved of their money with more style and panache!

Chesh Well he's got to have a better one than NR, that's for sure!