Direct from the Queen Elizabeth Conference Centre a video featuring a UK Investor Show 2014 presentation by David Lenigas, of Leni Gas and Oil (LGO)
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Comments
wildrides
David “Dell Boy” Lemon gas at his presentational best in this vid . Extremely convincing case to put your money here instead of outside chances like FOGL
The risk is as always with “Dell Boy”, how much future dilution ? and will he allow revenue to accumulate into profit and divi or waste it all on running costs of other, yet to be aquired , future less compelling projects and senseless legal cases.
No mention here of the 1.5 million of share holders money spunked up the wall in legal costs for the dubious and ill advised legal case he just lost . Worse than that , this friday LGO issued 1.3 million shares placing that was snuk out at 6-20 p.m on a friday by RNS . This placing is purportedly for drill costs in Trini but we all know that its to pay for the legal costs and fines of the failed legal case .
Even with all that bullshit I am tempted to stick with the barrel chested Goliath slayer for one more year . Please dont let us down David. This is your last chance to turn around your now savaged , but previously glorified , reputation with the UK retail invester . We want to love you David …….. but you make it so hard for us .
wildrides
David “Dell boy “ Lemon gas on the beach in Trini gazing across the sea at the South American coast line and dreaming of the similar oil bearing strata. Yeah right !
I bet he was really thinking ;-
“I went down to the sea again
The lonely sea and the sky
I left my vest and pants there
I wonder If they are dry “
Still a stonking buy tho ……drill tastic for the next 6 months and my tip of the month.