UK 17:56 Friday, 23 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.
Two days ago I accused LGO Energy (LGO) of misleading investors big time - HERE. Today, when it thinks no-one is watching, it has put out a grovelling correction but someone is still lying. Neil Ritson you useless little shit another correction is still needed.
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Comments
wildrides
The announcement is plain and clear . LGO never formally broke off negotiations . It is obviously brinkmanship . You so obviously have never done any big deal negotiations . Parties blow hot and cold to get the best deal ………. its a game of poker . None of it is material and shareholders have not been misled . Any funds available have been put to use . You seem unable to comprehend that oil price has fallen 70% since those days . That is what has put the company in its current difficult position along with the rest of the oil industry . Your vendetta is just making you look stupid now . Its not fraud like Quindell ………….. its JUST oil price ………….get over it before you bore us all to death . Play the ball and not the man you said the other day ………dont think Ritson will see it like that after your charming comments about him ;-)
Swindon41
go look at the other parties’ versions of when the negotiations hit the wall with Range Resources, Maxim, as well as TRIN . and compare with the timing of the eventual announcements by LGO. You might see some interesting parallels with Trinity-Iniss.