Very good news today - confirms my best hopes - moving north

Further progress today.

Well Im partially out at 18p bought at 11.4

Quite a day!

Wish i hadnt sold at 18p now its at 25p but glad i kept some!!

Excellent RNS on ASX.

Aussies can deal 12hours before us.

Aussies are dealing as and now.........

Have they found some gas play.

Yes found gas but not defined flow rates etc. Testing goes on into Dec.

Also another drill to start shortly, aimed to reach TD by year end.

Anyone in these? LRL have $50m in cash and interesting JV with PetroChina.

Was! Now out awaiting clarification. Also on what is going to happen with the expected second drill prospect, as plans might change depending on what the clarification of the first drill reveals......

Yep still in these!!

Net value to LRL $1bn v Mkt Cap about $50m (LRL have $42m cash). Put some in my ISA today. gla

Going up again!

What is ? :-))

After 9pm please. lol

:-0)

I have learnt you have to be very careful with your words on here. lol.
Thats not allowed a 15% rise, well done

I am still at a loss as to why Camac made "all the same excited noises" as the recent LRL RNS for their ZJS-02 and ZJS-03 wells and as far as I can see they struck on appraisal well ZJS-04 gas again....... but then they decided to flog it off cheap to LRL.

They obviously think it has a little potential, because they wanted 10m LRL shares as part of the deal (at the time worth about 1.2m GBP) as well as cash of 2.5m US$.

But if the license were so prospective why did they sell it so cheaply.... one minute saying it has up to 3TCF of gas in place which would give 300 BCF of recoverable gas, and then next minute they flogged it to LRL cheaply, straight after appraisal well ZJS-04 it seems ??




.


All looks a bit rampy to me............ pump and dump feel.