Longboat Energy - LBE

09 Jun 2023 20:28

Small moves last couple of days but the chart is looking V perky indeed and almost primed for the next move IMO.

Longboat Energy - LBE

09 Jun 2023 16:44

Unlikely to fall from this level. The bottom looks in at 17.5. steady rise into more news imo.

Longboat Energy - LBE

09 Jun 2023 16:24

The quality of the deal HH has achieved makes it likely we will get back to the levels of our averages over time

Longboat Energy - LBE

09 Jun 2023 16:22

Think most of us know what that feels like.

Longboat Energy - LBE

09 Jun 2023 15:04

Moz could happen anytime. Multiple news in the next 1-3months should see us rerate significantly.

Longboat Energy - LBE

09 Jun 2023 14:51

Topped up a small amount today 🙂

Longboat Energy - LBE

09 Jun 2023 14:16

Reading between lines I suspect a production deal will follow not long after JAPEX deal concludes & funding made available

Longboat Energy - LBE

07 Jun 2023 22:03

Didn't even clock that....cheers

Longboat Energy - LBE

07 Jun 2023 20:54

Yes. I'm just going through the May JV prezzo, we will get another presentation as part of the AGM 'investor meet' on June 22nd (2 wks tomorrow - easy to register online if of interest). They must be expecting developments otherwise nothing new to add to the presentation. Re the Q3 drill, you would also assume newsflow during pre spud run up, i.e the usual mobilisation of rig etc that normally stimlates interest.

Longboat Energy - LBE

07 Jun 2023 19:49

Its possible we'll get an update re Velocette as they initiate drilling. That too is only weeks away.

So:
1. $16m confirmed paid into JV
2. $4m on purchase of small producing asset
3. Velocette commencement of drilling (if successful triggers up to $30m into the JV)
4. Norwegian tax rebate of 40m euro potentially due to LBE in Q3 (market is fast asleep on this!)
5. $100m additional available from Japex to fund further drills/acquisitions.

Plenty to play for here💥💥

Longboat Energy - LBE

07 Jun 2023 19:40

Maybe we could get a velocette update prior to JV update?

Longboat Energy - LBE

07 Jun 2023 19:24

We are currently at £10m

Longboat Energy - LBE

07 Jun 2023 19:23

Next news imo is confirmation of Japex payment ($16m) into the JV. That can happen any day now. Just requires ratification by Norwegian authorities.

Longboat Energy - LBE

07 Jun 2023 18:37

IN BRIEF: Longboat Energy assigns rig for drilling Lotus well in 2024 | AJ Bell
https://www.ajbell.co.uk/articles/latestnews/260766/brief-longboat-energy-assigns-rig-drilling-lotus-well-2024

Longboat Energy - LBE

07 Jun 2023 09:02

This chart is almost at breaking out point again, could do with a little update as a catalyst.

Longboat Energy - LBE

09 Jun 2023 20:22

Yes next news could come at any time and as most of us suspect, probably before agm in couple of weeks.

Longboat Energy - LBE

09 Jun 2023 16:25

Think you have probably got a few more weeks Moz

Longboat Energy - LBE

09 Jun 2023 16:23

My av is higher than I would have liked

Longboat Energy - LBE

09 Jun 2023 15:15

Thanks. Just thinking when to top up again

Longboat Energy - LBE

09 Jun 2023 14:52

Compensates for my 78p AVG in ISA account

Longboat Energy - LBE

09 Jun 2023 14:23

When are we expecting the next bit of rns roughly?

Longboat Energy - LBE

07 Jun 2023 22:03

https://www.investormeetcompany.com/longboat-energy-plc/register-investor

Longboat Energy - LBE

07 Jun 2023 21:49

Thanks for sharing John.

Longboat Energy - LBE

07 Jun 2023 20:50

Is this drill still Q3?

Longboat Energy - LBE

07 Jun 2023 19:43

I’m going to watch the JV prezo again later I think…

Longboat Energy - LBE

07 Jun 2023 19:24

With around £10m in cash😉

Longboat Energy - LBE

07 Jun 2023 19:24

That adds $8m to LBE mcap

Longboat Energy - LBE

07 Jun 2023 18:38

I know we had this one but 2024 to a modern investor is a futuristic weird place.

Longboat Energy - LBE

07 Jun 2023 18:36

How much longer for some solid news. I have a terrible memory.

Longboat Energy - LBE

05 Jun 2023 10:05

Agree Johno. Not sure where they still be getting the stock from now?