LPL livingstone petroleum limited

show me some loving baby

  1. 10,912 Posts.
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    Its time for LPL to show me some loving.

    Just about to finalise a placement at 36 after just completing a 38 placement to instos and sophisiticated investors.

    They now have cash and 6 targets to drill from July onwards in the US for gas.

    On top of that they have another 100 plus targets to drill (most likely in jv with opl)

    Buy now while there is a little bit of weakness due to the placements going ahead at slightly below market price.

    Do your own research on the Lpl's main project (Forbes in California) but its relatively low cost and low risk.

    I Expect early success and early positive cashflows.

    MC
 
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