Recent content by titleisttony

Mr Jeff UK Monday: Good volume. Price up. Marketmakers delayed the publishing of large BUYs til near end of play and managed to rattle a few inexperienced punters into selling with a slight price drop in the last hour. IMO, LRL has much further to rise. As ever, DYOR and GL. TT :):):)

Atherley the MD bought 1.8m shares at the end of last week. His holding prior to the BUY was 29.58m shares made up of 2 x 15m options exercised over 5 years ago less 1m sale for tax reasons + a 580k purchase at 10.5p in 2010. His only purchase at market prices was the 580k. Now he has bought...

Mr Jeff Friday in the UK was interesting. Over 1m shares traded on the back of a BUY tip/article in the Investors Chronicle which is the traditional retail investors mag in the UK. The same mag ran a website article last week. After an initial pop which didn't achieve new highs , the price...

Mr Jeff, Slight amendment to the above. Volume was over 1m shares. The MM was keeping the biggest transactions under cover 'til after close of play. IMO, these were 2 BUYs at 13.75p for approx £25k (AUS$38k) each (181731 shares) which transacted just after lunch. The wily MM is gradually...

Mr Jeff, Thursday in the UK was a bit disappointing after the ASX spent the day treading water overnight. Volume picked up slightly at 838k but prices slipped early with a late recovery which is a similar pattern to yesterday. However, the eod price was lower than the start of day price with...

Mr Jeff, Same pattern as yesterday in the UK - Early drop (poss due to weak ASX lead) followed by steady buying at increased prices with last trades at 14.4p (approx 22cents). The 14p level has held for a second day - that Fibonacci geezer must've been a sharp cookie ! The downside is that the...

Mr Jeff, The difference between now and Feb2012 is volume and knowledge. The jump in Feb was due to expectations of an imminent coal agreement which didn't occur. Well done to PA for putting that one on ice. Also, Rathbones announced that they had sold down their major stake in LRL. However...

Tuesday vol in the UK down to under 1.5m shares. Dropped straight out of the starting gate (prob due in part to ASX Tuesday treading water) then bounced off 14p to end around 14.5p. Most pessimistic sum of parts valuation considering cash (12ppshare) + value of production sharing agreement...

Further info from the UK. Today's volume was 6.34m shares which puts Friday's vol in the shade. Towards close of play, it was not possible to buy at the quoted ask of 16.25p. Buy pressure building late in the day in the UK so more upside probable down your way on Tues.

Mr Jeff, Hang your head in shame. The high volume was CAMAC selling down their 10m shares to use the money elsewhere cos they're not as flush as LRL. Now that the selling is pretty much over, the only way is up. PA has been on a presentation tour in the UK over the last couple of weeks and the...

IN CASE YOU'RE WONDERING WHY THE BUY SIDE EXPLODED IN THE UK AT LUNCHTIME THURSDAY, THIS HIT THE WIRES. China Unlikely to Replicate US Shale Gas Boom -Executive 7:42 AM ET on Thursday, October 18, 2012 By Jacob Gronholt-Pedersen China is unlikely to replicate the shale gas...

If you invested 5 years ago, LRL's price is down by approx 60% (UK prices). However, the big drop in the price took place during the 2008-09 credit crunch when there were doubts that Atherley would be able to raise finance to complete the project he had already started. i.e. Wipeout. The...

Nice to see someone in Oz has picked up on this stock (It is an Aussie company after all). The boards over here in the UK are dead. I've been banging on to my mates for a few weeks about a bottom forming and LRL's inherent value but no one seems interested. If the announcement on Wednesday...