LGO longreach oil limited

I tend to agree..Personally I think the stock lacks focused...

  1. 1,636 Posts.
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    I tend to agree..

    Personally I think the stock lacks focused management..
    the last time LGO touched 5c was in 2000..so something is wrong when there are valid Permit interests..but no real
    development plan[in the market] to realise value for shareholders..and I cannot understand why management has persued such a path
    particularily when investors seem to be still willing to part with their money at above market levels.. with the occassional small capital raising??

    Having said that..there seems to be inherent value in the Surat Permits that is not reflected in current S/P

    I would love to be a fly on the wall at Chelsea Oil...
    who ever they are..
 
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Currently unlisted public company.

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