Member Info for zebbo

We all know why they are selling, as they (like us) are likely to end up with nothing. New terms with bond holders likely to wipe out shareholders

Another point often overlooked is that the $100M is a revolving facility. So if we get some good production deals done and as we pay back that capital, it becomes available again. Round we go and is highly accretive by its very nature. Through in the current tax regime $100M should give massive leverage

30p and the rest. Just needs the right catalyst to push the SP way higher.

Anyone got any idea what the plans are to get this area into production. Are these FSO opportunities or is there a tieback options.

Particularly if LBE get a big resource lift through Carmen and are successful with Lotus drill.

Carmen could be over 200 mbbls of recoverable. The bleed over into our block looks very significant

Last update was probably the last straw for Kelso.............60s tomorrow would not surprise me. Expect shorter to jump onboard as bulls capitulate

Buy/Sell/Hold......?

Dont forget that LBE will have 6M once the production deal closes. Nowhere near having to raise cash and not likely to....ever.

Come on boys get a grip

Someone wants out big time. Maybe the risk reward play does not stack up

TBF another slip and we are all toast

C£10m

As we all know. But its one of the BoDs jobs, to ensure value is reflected in the SP

They are their own worst enemy when it comes to comms and thats not helping the SP

Why has no one made a hostile bid for THG. Surely if parties were that interested, that would be the best approach

SP is going to slosh around at these levels until the next piece of news drops. Or fresh BO rumour

Haha, idiot

That needs to be our focus, lets stop chasing rainbows and spend the 100M wisely

C60 days, news v soon

Yeah, we know the results are good, evreyone keeps banging on about them :-) ..................its the future that is more of a concern for me. As they say 12 months is a long time in politics

Its more about the uncertain outlook than the results.

9p Div is good, but not if the SP tanks due to high risk outlook

Would not be surprised to see Kelso making a bid themselves with appropriate backing. Patience must be running thin

They have pulled of a mega deal and this was well put over on the presentation

Well done LBE. That seismic was mega

You dont just sit down and write a strategy in 24Hrs. This needs to be created over a period of time and should be well underway now, if there is a change in strat

Kelso need to work with other shareholders and force change..........would not be surprised if this is not already happening, especially after the update