Member Info for xviolet

Dave77

RNS here says new website is www.lekoilplc.com. Go into that website and there is a link to the company's twitter feed where the fired CEO describes himself as the current CEO. Either I have got very confused or fired CEO still has control of Twitter feed or fired CEO has taken control of company. Or something else.

kingivor

ooh. i won't press. but starting to think its a buy whoever owns/runs the company. just a small buy as my crystal ball is cloudy/

I'm getting a headache. But former CEO (see RNS except below) is now on the company's Twitter described as current CEO? Is there something here that I don't understand. Or quite a lot maybe.

3 June 2021

Lekoil Limited

RNS from June...

("LEKOIL" or the "Company")

Directorate Change

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has terminated the employment contract of its CEO, Mr. Olalekan Akinyanmi, with immediate effect, due to a corporate governance breach.

The Company will commence a search for a new CEO and, in the interim period, Anthony Hawkins will act as interim Executive Chairman of the Company.

As previously announced, the Company is the lender under a loan agreement with Mr. Akinyanmi (the "Loan"). As at 31 May 2021, the outstanding balance of the Loan was approximately US$1.5 million. The Company will commence proceedings to recover the Loan.

wtf? I thought they fired him?

HE1 having a good morning. Sorry I sold 50% this morning. But not that sorry. Yes it will shoot up if they get good news. But I can't assess that possibility. Pleased to take profit and hold 5000 for luck. Looking at GGP and CBX.

dazzle1000

cheers for the reply. yes fingers crossed!

So if SCIR do sell - they might do it this week? Combined with wait for the RNS - as Trek hinted, I think - this creates buying opportunity this week for those that have the taste/hunger for HE1.

yay...engerrrrland.....and.....

July comp

CBX (likely pump and dump)
ANIC
IQAI (multi-bag potential).

and thank you 1509 for running the comp. its good at focusing the mind...I have to ask 'OK which shares have at least got a chance of being worth more in 4 weeks time...'.

And sold. Out with 2x Sunday lunch paid for. Apparently a MM spike. New to me. Kept a few back in case anything else happens.

growthstock

Thanks for the reply. Serious re-rate?....bring it on!

sorry. sp. 'where THIS is going'....

Hold? Sell? Anyone have a reasonable idea of where there is going?

off again. colossal rise last time I checked. presumably takeover? or something odd. no idea how takeovers work. either lots more room to rise or wipeout, I guess. please have a look if you are interested.

Scott 22
I've been reading your posts on HE1 this morning. Thank you they are very helpful. Really, thank you.

Paul 0410.

Thats a big 'if' m8.

Very big on the AIM risers today. Harsh on the spread. And a very weird back-story. High risk like SOS - and perhaps the same kind of entertainment factor. Anyway bought a few but really don't know what to make of it. Any oil or long-shot fans looking at Lek?

covid therapies....whats going on....
https://www.raps.org/news-and-articles/news-articles/2020/3/covid-19-therapeutics-tracker

KPDm

Thank you for such a nice, mellow, technical post. It makes me think everything is going to take time. I yearn for velocity but deep down I am beginning to learn the way of pharma is slow.

Shame I don't have much money to spare. If I did I would buy ARGO and HIVE and tuck them away for 2 years. No research on that decision - just wishful thinking and gambling.

Imagine if it goes on like this for 3 more wells.