UK 08:02 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I will now demonstrate how LGO Energy (LGO) appears to have mislead investors in a cavalier and wilful fashion on a very material transaction and fund raise in 2014. It appears to have breached AIM Rule 11 flagrantly but does anyone care any more? Is the Sheriff of AIM the only person left who actually reads the AIM Rule book and takes it seriously?
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Comments
wildrides
Your obsession with sticking the boot in LGO knows no bounds . It was widely debated at the time …….. lord knows what planet you were then inhabiting . Its just ancient history now . Lenigas left the board in August 2014 anyway . The company changed names afterwards . Who cares ……….. rule 11 was not broken ………. there was negotiation brinkmanship going on between the parties , as you would expect , and as it transpired the final results of such were recorded in the report mentioned . You would have more to complain about had LGO not done extended due diligence and tried to modify terms of contract with brinkmanship ………….. Yawn . Its time you got a life and wrote about something other than old Lemongas directorships . I think AIM reg has plenty more pressing things to worry about than past directors 2014 actions when the FACT is a 70% FALL in oil price is what had the material effect on LGO and all other oil companies ………….. Yawn ……….. ZzzzZzzZZZ ZZZZZ sorry I can barely stay awake long enough to comment .
You should be worrying about :-
Teathers Suspended
Obtala massively down
Mira massively down
Fox massively down
Moil massively down
Amara massively down
Atalaya massively down
Hugs & kisses
WR
Woody44
Yet another excellent piece of research. Whilst this may be a minor crime in the grand scheme of things it does illustrate the theory behind zero-tolerance policing. If a company is prepared to be shifty over one thing, what other skeletons may be hidden in its cupboards?!
TW is right… Who is looking at this stuff other than him? Does the AIM Team even exist? If so, please can I get a job there as I really love sitting around all day doing nothing and being paid for it. I love watching Neighbours so could get paid to watch it twice a day.
Until only a few months ago, TW’s Achilles heel was his gentle pardoning of David Lenigas. Now that he’s had surgery on that heel, he’s doing a most excellent job.
To Wildrides, I’m sorry for you LGO is a rubbish investment for you. Tom may be a loose cannon at times but overall AIM investors owe TW a big thank you.
Woody44
PS Wildrides, I’d add Amur Minerals and its deal with Crede Capital to that list of yours.