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I would not go by sells reported. I bought 250k yesterday 2 x 100 1 x 50 , all shown as sells
That said debt funding could be the next step here
Is my guess, but I could be wide of the mark. Raise before the drill bit turns?
Been holding these suckers for years. Actually thought we had clear path to re rate. Cannot see this going lower than 8p as an absolute floor
Production deal will close in Jan. I expect net production to be 500 bbls per day, now the infills are complete
I also expect the next prod deal to land H1 24 with possible farm down in Asia. Not at all worried, 2024 will be the "maker" year for LBE
Billrv, looks to have gone quiet. :-)
Any fool knows its the rescue package that will move the SP not a shuffle of bums. One thing you can be sure of, is that the current holders will want maximum compensation for having to bail HZM out
Early 2024. That what Nige says..... This news update will be a door opener for Nige. N4P is starting to look like a no brainer
with a £2m mkt cap
I have opened a new position here. This is big news and what I have been waiting for. Seriously think the market does not understand the significance of todays update
Looking at increasing exposure to Malaysia. I have an interest in LBE as they have multiple mega structures off Sarawak, biggest est at 9 TFC all underpinned by excellent 3D seismic. Plus access to $100M + finance facility, with mcap of only c£10M, UPL is 5 x the mcap of LBE so a lot more expensive, but is it a better play? UPL are further advanced drill wise. However LBE expects to give a H1 2024 partner update (Petronas, Petros). Interesting times indeed
Spot on Zengas. I have a big holding here and see LBE multi bagging over the next 24 mths
Market does not appreciate the opportunities on offer here at a rock bottom price. When this moves North for real, it will not be a couple of pence