Member Info for sstarski

The pattern persists for as long as I have been on LSE

Shortly entering the final qtr of 24, fresh EIA from Navitas, that has been met with a counter measure from Falklands Conservation. (The latter seems very NIMBY)

Each day brings us closer to FID

Its been trundling upwards for a few months, looks like the sprint is about to start

You'd have to take into account the debt owed linked to the purchase of product prior to Brexit and still burning off.

The -ve and +ve of this share is the available # to purchase.

There are scarce numbers available free - It can move up or down very rapidly on limited news.

Personally I have been holding for quite some time.

I am a drummer and I liked the ethos of the company and when I did the maths looking at free float / margins etc - its a share that aligns with my ideals and offers limited risk and massive potential increases due to the lack of shares available.

Agree with all that.

Personnlay I am holding, if the 3 x divi cover is met then happy days

I have been watching this and personally I think Peel Hunt are struggling to get shares in the open market, it appears that the price is moving downward to try and either trigger stop losses or spook small investors into releasing.

There is always an argument that share buy backs are a little like burning money until the next set of financial results come in and you hopefully see improved metrics.

By my calcs, there will only be between 5m and 6.5m shares available to switch hands between investors.

The lack of fluidity may be an issue, but it will also be a blessing when this starts to move upward

So, my buys are 100% showing as sells

Well, I have made another purchase this AM only £1500 at 08:30, see how its recorded as I was offered 94.6

Yes, I can see mine displayed as a sell

Even allowing for Debt, MCAP currently less than NPV excluding any profit. Which should be broadly inline with market expectations.

General jitters throughout many stocks today

Commonly news Feb to March, temps that Scott would be scared of end during March and action normally April(ish)

Evening Wraith, another long time holder!

I have been topping up on the dips.

I have been keepong an eye on this for a number of years.

This looks like a good entry point.

The number of free shares in circulation is relatively minimal, I expect to see some quick movement upwards in the comming months.

I will say two things.
1. The license is still active and is still under consideration
2. Gas and oil is regrettably necessary in the short term and license 1/11 would solve some pressing issues for the UK

that relates t a transaction back in 2010

Afternoon Wraith, hope you had a good one? Mulitwell - Hopefully a carry, but will come at a cost (nothing, note nothing is free in business) - the BOD still need some money for operational reasons As some will vouch, I have been a holder of LOGP since 2010 and I am banking on this for a nice little earner toward the end of the year. The wells will produce some sweet light. But please be realistic re todays news

Highest SP for a long while. BOD would be silly to ignore the opportunity

Expect a significant placing here for the drill. I have been a LOGP holders off and on since 2010, will look to invest more as 2018 passes by and we know how how the funding will pan out

FOGL/DES could move down toward pure cash value pending next campaign - (Circa £120m combined value - a discount of @28% on current SP's - I would not expect that amount of drop though) I expect this to drop on merger, but I also expect this to rise significantly as seismic data (end q1 2014), news of rig contract (RKH), rig mobilisation and drilling commencement during 2014 all IMO & good luck with whatever you decide to do