Definitely a little puzzled with this stock..The interest sell...

Definitely a little puzzled with this stock..
The interest sell out by Brisbane Petr. to Chelsea OIL..
looks cheap.. on the basis of inferred oil in place basis
Sale of Permit interests at around $3,200,000 even on a very conservative oil in place..say 1,500,000 Bls for Brisbane interests[stated closer to 2-3ml. brls]this represents only around $2 per barrel..!!..

Fallout obviously is that LGO is way undervalued providing management start to perform!!

Director Burrell buying in..

mmmmm..