Member Info for stuartv

Never like to see the SP falling but in the absence of news the only positive I can see is that we at least get down to a base. Mildly depressing see daily levelling off. Thinking that a holding RNS from LEK would be useful if there are delays. However maybe news is imminent so why bother. Fingers crossed and GLA

Please accept my apologies for my rant on Saturday evening. Best not to post stuff after I have been down the pub :-((. Great bunch on this board

Woodie be honest as a shrewd investor let’s be honest the market is a casino. I am totally amazed that the contributors to this site are surprised by the ups and downs of the Lek sp. That said I agree with your 20p evacavation price for LEK. To be honest if LEk doesn’t conclude the deal with Shell i’ll be fu/cked.

And Roty. Great insights instead of whining about daily price movements. Very knowledgeable guy.

Really enjoyed the banter and your insights. Some very shrewd guys on this board. But an expected H2 result let’s face it was never gonna be a profit and all off a sudden the sky is gonna fall in. SRoty, Woody and Y-Alam admire your positivity. Got 650,000 worth of shares at an average price of 5.30 so we’ll down. But wtf wether I should have ffin traded. Frankly who gives a crap.

This share is either a winner or it is not. Day to day price variances do matter but only if the holders are looking at this short term. Shoals of fish in the sea spring to mind. Could be a naive but I genuinely believe in LEk’s future. If I didn’t I be away quicker than the window cleaner when the husband comes home. Shares always go up and down. But long term up if the fundamentals are great. I believe they are.

Mr Wolf I think the clues in his name.

I might have just flown in from Planet Zarg but even I didn’t expect LEK to post a profit. My investment is based on reserves and future potential. GLA

Not much of a leak. The net cash value of the sells was small change.

Maybe it’s just me being cynical but we always seem to get one or two new contributors to this board with perceived bad news following a release of an RNS. Perhaps they are just being charitable and want everyone to close out and walk away with a profit while they can - not lol

As Y-Alam said in an earlier post. This is like ELA. Three and a bit years back they were in the same position. Even had to do a rights issue. Look at them now. Great days ahead for LEK we are only at the start. GLA

Very quiet day yesterday I guess the market is just waiting for news of the additional 5,000 barrels from Gb 4 to come on line in October. Can’t fault Eland for hedging on the scale of the overall production it’s not massive 645,000 bps. The decision will have been time when oil prices looked to potentially fall off a cliff (and made for sound budgetary control reasons). In fact every they do is well thought out and planned. A bit like a Volvo with a Cosworth engine lol. Good luck fellow LTH’s.

Buyers thinner than the hair on my head today. Only 1k worth of sells kay sera sera. Treading water until we get news. Now if news not positive different story. If i’d thought there was a strong possibility of a bad outcome wouldn’t have invested in the first place. Here’s hoping it’s forthcoming soon. GLA

Often the difference between a successful man and a failure is not one’s better abilities or ideas, but the courage that one has to bet on his ideaa, to take a calculated risk, and to act. –

Great find “bonny lad” as they say in my old neck of the woods. Nice intel.

Been here before with ELA wish i’d held my nerve and avoided the dilution. At the end of the day the reserves are there. Patience is the key. I am holding both the share and my nerve. GLA

Ha ha you guessed Woodie. Sometimes the mushroom theory is the best lol

Just treading water until news breaks. Good to see the bid price holding steady. Must admit getting slightly obsessive with this share. Check the LEK website at 7.00 for RNS before I even brush my teeth. Need to get a life.

Hopefully this week Peepto. In their RNS dated July 1st LEK state that “site mobilisations are tentively scheduled for late Q3 2019 (where here now). I appreciate that their choice of words were pretty loose and projects often slip but we shouldn’t have to wait long. Reckon we’ll get a bounce with the SP settling around 10p. As the wells come on line and production and revenues grow we’ll steadily climb. Great fundamentals but we really need confirmation of the collaboration on Ot Marginal to really kick start this for us. GLA.

A touch of the Leslie Phillips about you Mr Woodstock - ding dong