Results

Columbus Energy Corporate update - look through the windscreen not the rear view mirror! BUY

Published 17 days ago

Shares are valued on the basis of what is to come. that is to say future earnings ( or lack of them). Not historic losses, profits or performance. But shares in Columbus (CERP), the former LGO Energy have been marked a tad lower after an operational update as punters looked in the rear view mirror. Their error = your opportunity.

LGO becomes Columbus Energy but is new boss Leo Koot the champion corporate wankspeak talker?

Published 43 days ago

This evening new LEGO Energy (LGO) boss Leo Koot will host an analysts briefing in the City on the day the company changed its name to Columbus Energy (CERP). The company has upgraded its FD and a statement issued is exceedingly upbeat. For that, as a loyal shareholder, I am glad. But the statement also contains aboslute A grade corporate gibberish/bullshit. Who is responsible for what follows? Please do not say it is Leo.

Andrew Monk of VSA on LGO - it is going to be another good week

Published 53 days ago

Over the weekend this site explained 4 reasons why LGO shares were set to move sharply higher and soon. They are up by 9% so far today but there is a lot more to come. One thing we missed is that the new boss Leo is doing more City meetings later this week. This is flagged up in an email sent today by Andrew Monk, boss of house broker VSA. He really believes that the shares could be 20p. we shall see. Monk's email follows:

4 Reasons why we have increased our target price for LGO Energy

Published 55 days ago

Shares in LGO Energy (LGO) have started to tick higher and closed last night at 2.5p mid - well up on our 1.8p offer price share tip of just over three weeks ago. Four things are happening and we are increasing our target price to sell from 2.7p to 3p and even that may have to be increased again. So whaat are the 4 reasons?

LGO - Mega Heavy Hitter takes charge - look at his options!

Published 78 days ago

LGO Energy (LGO) has announced that chairman and CEO Neil Ritson has stepped down with immediate effect to make way for Leo Koot. Leo who? He is very tall, he's Dutch, he sleeps for just two hours a night and he is massive big hitter in the world of oil. Why on earth did he go for LGO?

LGO Energy, Versarien, Ascent Resources - who is next? Be Prepared...

Published 81 days ago

In days gone by when smaller companies on AIM wanted ro raise cash they went to City brokers and offered them shares at a huge discount with private investors locked out. It was wrong and it was unfair. But all that has changed with Primary Bid.

Notes from Underground: All's quiet on the ShareProphets front

Published 82 days ago

The first non-Tom Winnifrith (and non-house) article is #1, Sepura – The rollercoaster deal continues: could this be the first Brexit-related deal implosion? by Cynical Bear. We may have turned a corner, folks.

General Election Caption Contest Winner: Knock at your own risk

Published 93 days ago

Yesterday, we asked you to caption the photo below highlighting why the IRA would like to see Labour win. The competition was keen, but we've selected a winner.

Today's Primary Bid Opportunity is the one and only LGO Energy! No Comment!

Published 118 days ago

This is becoming  routine. After hours on on Friday PrimaryBid announces a material placing opportunity for its members. This weekend it is LGO Energy (LGO) which has raised £2.2 million in a placing at 2.2p but is now offering a chance for ordinary investors to put up another £300,000 at the same price.

Bank your gains in LGO Energy

Published 136 days ago

Yesterday we advised our readers to bank gains in LGO Energy (LGO) at a 3.9p bid - that would be a 77% gain on an offer to bid basis made in 14 days. Not bad eh? All those idiots who questioned why we tipped LGO have their answer: to make money for our readers. And that we did. The shares are now 3.7p offer. Paying customers (just £5) come first so got out at higher levels. The rationale for the take profits advice is clear - our article from behind the paywall reads:

Notes from Underground: Show of Shows

Published 138 days ago

It's with a sharp sense of horror that I realise that it's only three weeks until the the UK's most interesting investing event, the UK Investor Show. Not that the show will be a horror - it'll be terrific - but I'm suddenly jolted into all the last minute things that need to be done on my part and, well, general horror.

Tom Winnifrith Bearcast - Sound Energy now firmly on the bears radar screens

Published 139 days ago

I refer to young Steve's article earlier on the most shorted AIM shares. The fact is that most AIM shares cannot be shorted at all. There then follows a discussion on Sound Energy (SOU), Boohoo.com (BOO) and Telit (TCM). On a serarate note I look at LGO Energy (LGO). When the facts change what do you do?

Why did we tip LGO Energy? Let me explain and here is that tip

Published 139 days ago

Certain folks wonder why we, on HotStockRockets, we tipped shares in LGO Energy (LGO) as a buy? Well the reason of course is that we thought they were going to go up and we want our readers to make money. On 28 February when we tipped the shares they were 0.115p offer ( that is 2.3p in today's post consolidation money). They are now 3.35p bid so our readers are very much in the money after just 11 days!  But why tip this stock. The best expanation is the original tip which is below. Remember the 20 for 1 consolidation when reading it.

LGO Buy at 2.45p target 22p says VSA - No I am not kidding

Published 141 days ago

Just to please our own in house pet Bulletin Board Moron Wildes who is a big holder, I am delighted to publish a note from broker VSA out today initiating its coverage of LGO Energy (LGO) at 2.45p with a 22p price target. I kid you not. VSA is house broker so chuck in a pinch/bucket load of salt but 22p? I used to know a bloke called Edward Vaughan who was a bit bonkers. I do not think that it is the same Edward Vaughan who penned this note but whatever... in its full 16 page glory

Andrew Monk of VSA reckons that LGO Energy is a buy

Published 165 days ago

It takes two to tango or, rather, two to make a market. I am not exactly a great fan of LGO Energy (LGO) having called this as a teddy to perfection. But Andrew Monk of VSA reckons it is time to bottom fish and since I believe in free speech I am happy to publish his reasoning from his morning email.

Tom Winnifrith Bearcast: The dangers of fad investing - Fitbit shocker, Torotrak shocks again & China fraud vindication

Published 179 days ago

I take a detailed look at fad investing covering the big California drone fraud but also Fitbit which had a shocking profits warning today, Fitbug (FITB) and Cloudtag (CTAG). I look at two China frauds on AIM in big doo doo, Jiasen (JSI), which is definitely a kill for the Sheriff of AIM, and Taihua (TAIH) which will be. Then I look at Torotrak (TRK), Guscio (GUSC), Greatland Gold (GGP), Andalas (ADL), Golden Saint (GSR), Amur Minerals (AMC) and finally LGO Energy (LGO)

LGO Energy in Charts

Published 182 days ago

Bulls of LGO Energy (LGO), like our own pet in house BB loon Wildes, argue that the decline in its share price is entirely down to the falling oil price and nothing whatsoever to do with the fact that it has hopeless assets in Trinidad which, however much cash is thrown at them, cannot produce enough oil to generate free cashflow. I offer you up four charts, sent in by a kind reader, which should show this in pictures, since folks like Wildes find long words a tad confusing.

Tom Winnifrith Bearcast: Winnileaks vindicated in spades today..whatever criminal Aidan says

Published 185 days ago

Criminal Aidan Earley says thatmy work destroys great British Companies. That is what Rob Terry used to say too. What is the difference between those two fraudsters? About £50 million and so far only one has served time. I discuss Winnileaks triumphs today on Advanced Oncotherapy (AVO) and Strat Aero (AERO) and why they vindicated my work so much. Then I look at BT (BT.A), Rosslyn Data (RDT), Cloudtag (CTAG), Sunrise Resources (SRES) and LGO Energy (LGO).   

Neil Ritson and LGO Directors wear hair shirt "we are all in it together" - its a smokescreen

Published 218 days ago

In the most recent statement from LGO Energy (LGO) much was made about how the board was showing restraint at the corporate trough. Shareholders may have seen the shares collapse from 6p+ to just 0.11p but "we are all in it together". Nope! This is a smokescreen.

Tom Winnifrith Bearcast - Why hasn't Deborah White been fired for breaking AIM Rules?

Published 227 days ago

I have loaded the photos of pressing the olives from the Greek Hovel HERE. There may not be a bearcast tomorrow as I am about to start travelling soon. Today I look at LGO Energy (LGO), Milestone Group (MSG) and its CEO Deborah White who has committed market abuse and should be fired, Strat Aero (AERO), Fox Marble (FOX), Golden Saint (GSR) where I suggest a rule change is needed at AIM to deal with share dumping parasites like PR genius Steffi, and Proxama (PROX).

LGO - After the pump the inevitable dump

Published 227 days ago

Having ramped its shares up to 0.15p by pretending that the refinacing of its bank debt was by anything other than a death spiral and with some huffy puffy claptrap about new drilling, LGO Energy (LGO) got back to what it does best today, a placing to dilute yet again.

LGO Energy signs up to death spiral and its shares surge... whatever

Published 233 days ago

Shares in LGO Energy (LGO) have raced ahead by 33% to just over 0.14p on news that the company has signed up to a new uber expensive death spiral. Truly some folks just do not get why death spirals are called death spirals. But every cloud has a silver lining: the cash means that LGO can repay French banksters BNP Paribas.

Bulletin Board Moron of the week contest - joint winners

Published 236 days ago

Naturally it is the Cloudtag (CTAG) morons who provided us with the most sport in the week gone by. But in case you think that Cloudtag threads are the only place to search for lunacy - other than comments by our very own Wildes on his beloved LGO Energy & FastJet - think again. There are always those holding golden tickets in Worthington (WRN) who know who is to blame for its problems: criminal Tom Winnifrith. Whatever.. There were stacks of good entries in last week's contest as you can see HERE but the joint winners are:

LGO Energy - cash bonus in Spain not enough, another placing inevitable & another sleight of hand by Ritson

Published 240 days ago

Loons, like our very own LGO Energy (LGO) owning fanatic Wildes, will have yesterday celebrated news that 11,200 barrels of Spanish oil which had accumulated over the summer had finally been sold. But shares in LGO still fell to just 0.11p. Here's why.

LGO Energy Q3 update: piss poor natch

Published 266 days ago

I almost feel sorry for LGO Energy (LGO) CEO Neil Ritson. He just seems to have rotten luck. This time last year a contractor dropped some kit down a bore hole. Wind on 12 months and Hurricane Matthew has caused a few "problemos". Neil, put a few extra quid in the collection box this Sunday, you need the Almighty back on side for today's third quarter update is piss poor and begs the statement "placing ahoy."

25 Questions for Neil Ritson of LGO ahead of his next attempted ramp interview on Friday

Published 296 days ago

Hapless Neil Ritson of LGO Energy (LGO) is doing yet another ramptastic interview with BRR Media, the company that charges PLCs who want to ramp worthless shares to record interviews with easy questions. The webinar is at 11 AM on Friday and has asked that questions be sent over to [email protected] I am a nice guy and always keen to help so here are 25 for starters:

Tom Winnifrith Bearcast: Happy Anniversary Mr Monk but you are 100% WRONG on Aquatic it is a Norfolk

Published 303 days ago

I wish Andrew Monk a happy wedding anniversary today but surely his fragrant wife should have got time off for good behaviour. But Monk is wrong on Aquatic Foods (AFG) it is a Norfolk, its interims out today make that 100% clear and I explain why. I note the suspension of Asian Citrus (ACHL) and I pose a new challenge to LGO Energy (LGO) about output and sales numbers which really do not add up. I look at RapidCloud (RCI) whose interims suggest a terminal conclusion and Zincox (ZOX) where a pompous chairman seems in denial about the grim outcome that lies ahead.

LGO Energy needs a keep the lights on placing but it has cash for important things - share ramping

Published 303 days ago

Last week LGO Energy (LGO) had a keep the lights on placing at 0.1p, just four months after the prior keep the lights on placing at 0.2p. As I noted today, the next keep the lights on placing will be at 0.05p and within two months. But it is good to see that a company that is spunking £150,000 a month to money heaven still has spare cash for important things...

Absolutely shite LGO Interims - its another placing ahoy already!

Published 303 days ago

Half year numbers from LGO Energy (LGO) are absolutely appalling. There was a placing at just 0.1p last week, another one is imminent. The numbers just do not lie. It is hard to know where to start but lets go with output and sales....do you remember when LGO used to be producing 2,500 bopd and promising 4,000 bopd: how things change.

Tom Winnifrith Bearcast - when will there be 10 billion LGO shares in issue?

Published 308 days ago

On today's bearcast I look at Jiasen (JSI) but have to speak quietly since Oakley may get the wrong idea when I discuss a dead cat bounce. I also cover Xtract Resources (XTR), Obtala (OBT), Corero (CNS), Toople (TOOP), GCM Resources (GCM) and in some detail LGO Energy (LGO)

I'm ffing psychic - LGO places at 0.1p: confetti blizzard time again

Published 308 days ago

It was about a year ago that I had a spat with my good pal Big Dave Lenigas when he denied my assertion that LGO Energy (LGO) was about to place. Naturally it did. As I have indicated in recent weeks that another bailout blizzard of confetti was on the way there was not even an attempt to deny from camp LGO this time around. I have oft suggested that the next bailout would be at 0.1p. Just call me mystic fucking Meg please...

Should Graham Neary be fired Poll & Guess that Chart Results

Published 309 days ago

Yesterday you were asked if Graham Neary should be fired because he is just too "nice" to work here. The shock results of that poll are below as is the winner of our guess the chart contest from Monday. To the baby seal/ Andrex puppy P45 for Neary poll first.

Guess how Neil Ritson of LGO Energy spunked £250,000 of shareholder cash?

Published 316 days ago

So what if LGO has been drowning in debt, breaching banking covenants, have to get away placing after placing just to keep the lights on, let's ensure that vital corporate expenditure is not reduced. Sod drilling oil wells to increase output...this is how Neil Ritson spunked a quarter of a million of shareholder's cash in April 2015

LGO - as the cash runs out the news from Spain & Trinidad underwhelms

Published 340 days ago

I take my hat off to Neil Ritson, the hapless CEO of LGO Energy (LGO), as he does not seem keen to disclose more information about how his company is doing. Unfortunately the information is underwhelming and as the company's cash runs out and the next bailout placing looms the shares are set to head only one way. And it is not up.

LGO Energy now just 0.14p to sell - placing ahoy? Bring back Big Dave Lenigas?

Published 359 days ago

Oh dear Oh dear, things are looking ever bleaker for Neil Ritson and AIM dog with fleas LGO Energy (LGO). Interims out next month will be diabolical, the cash position by now is looking grimmer than a wet Thursday in Scunthorpe and ramptastic announcements are just not having any impact on the share price, surely it is time to bring back Big Dave Lenigas. Cometh the day and all that.

Tom Winnifrith Bearcast: Insulting Froggies on Bastille Day and Morons on Gulf Keystone day

Published 379 days ago

It is of course Bastille Day and that, of course, prompts a few jokes at the expense of the Froggies. I then move into Gulf Keystone (GKP) and a spot of moron baiting and working out moron investing game theory. I then move to a detailed look at Digital Globe (DGS) before covering en passant XCite (XEL), LGO Energy (LGO), Trinity (TRIN), Circle Oil (COP), Premier Oil (PMO), IGAS (IGAS) and Nostra Terra (NTOG). I also comment on Glenwick (GWIK), 88 Energy (88E), Strat Aero (AERO) and Inspirit Energy (INSP) 

Trinity in takeover talks, SP Angel fingers runners & riders including LGO, shareholders will be screwed come what may

Published 379 days ago

Trinity Exploration (TRIN) has confirmed that it has had bid approaches and analyst Zac Phillips at SP Angel, the City's most feared oil guru, has suggested who may be at the table. But shareholders shouldn't get too excited as they will get screwed whatever happens.

Trinity Exploration shares suspended - Citibank finally pulls the plug

Published 380 days ago

For months and months Trinity Exploration (TRIN) has been in default on loans taken out with Citibank. Investors who declined to sell the worthless shares seemed to believe the truism that "If you owe the bank $1 you are in trouble, if you owe $1 million the bank is in trouble" as Citibank - which was actually owed $13 million declined to pull the plug. Until today. Instead of the normal weekly rollover announcement we are told:

I'm being framed by LGO bulletin board morons, so here's the straight dope

Published 380 days ago

During the past few weeks, I have received a few tweets from someone with the Twitter handle @CraftyOLegit accusing me of writing anti-LGO Energy (LGO) stories on ShareProphets or on various bulletin boards. I tweeted back the first time saying he had me confused with someone else and ignored the rest...

When’s the next LGO placing? Neil Ritson caught on tape at AGM

Published 386 days ago

Some naughty, naughty chappies appear to have taped the entire AGM of LGO Energy (LGO) on Monday. You naughty, naughty boys. Transparency for an AIM listed PLC. Whatever next? This is political correctness gone mad. If Neil finds out who is responsible he will get his favourite PR genius Steffi to spank bottoms at once. I digress lets go 14 minutes and 30 seconds into the recording...

Big Dave Lenigas bounces back - rejoins two boards: Get him back at LGO!

Published 393 days ago

You cannot keep a good stock promoter down. And say what you want about him , and I do, David Lenigas is pretty good at promoting, usually worthless, shares and he is back. In case you had not noticed he has rejoined the board of two of his former charges in the past week. I have today spoken by email with the big man.

When LGO Energy shares slide to new lows - with a placing looming you know what happens next

Published 408 days ago

The shares hit 0.17p yesterday which for the morons who backed the last bailout placing at 0.2p a few weeks ago will be painful. Or rather it would have been had they not already flipped which they have. But now, having had to accelerate payments to the Froggie bankers, and with output numbers ever more dire a new placing is needed so how to stop the rot...it has worked before..

LGO Energy - More frantic turd polishing in today's trading statement

Published 409 days ago

Jeepers, if turd polishing was an olympic sport Neil Ritson of LGO Energy (LGO) would be battling for a place, after so much practice he has acqusired a certain skill. But a turd is - however polished - still a turd and that brings us to the statement today from POS LGO.

LGO Results - a landmark in confetti issuing horseshit

Published 412 days ago

Announcing your annual results at 1.38 PM ensures that some folks will miss the horrors you reveal. London's most useless Nomad, Mr Roland "fatty" Cornish will just be starting course two of four and so will not be back at his desk until the next trading day. So there is some point in sneaking out the bad news in the middle of the day. And that brings me to the trainwreck with Neil Ritson at the wheel, but David Lenigas driving from the back seat, LGO Energy (LGO). 

LGO Energy: results preview: it will be a sea of red ink.

Published 420 days ago

LGO Energy (LGO) should be publishing the year end accounts for 2015 within the next week. If the accounts are audited we will probably see LGO declaring an operating loss of between £10-15 million. I have not seen any analysts expectations so its hard to assess how the market will react to this.

LGO Energy in Spain - so who are you selling oil to? Anyone at all?

Published 431 days ago

Hat tip to reader Steve but it seems as if Neil Ritson of LGO Energy (LGO) is talking with forked tongue. I refer to what is - or is not - happing at its dog of a Spanish operation.

Over half our readers reckon Gulf Keystone is the next oil mid cap to see shareholders wiped out

Published 433 days ago

We polled you on Friday asking which oil mid cap did you think would follow Circle Oil (COP) in admitting that there would be little or no value left for shareholders. Which is the next oil company to admit that it is toast. And your verdict was clear. I would say that it is probably a tight race between the gold and silver medalists in this poll. You voted:

Reader Poll: Drowning in Debt Oil mid caps - who will admit that it is toast next?

Published 434 days ago

And so today, Circle Oil (COP) has admitted what anyone with half a brain cell could have figured, that it is officially toast. The question is which of the drowning in debt oil mid caps or large E&Ps will be next to fess up? There is an RNS from Gulf Keystone (GKP) today saying its bondhoders have given it another 11 days but could it be overtaken by XCite (XEL), whose shares are sliding as the clock ticks? Other oilcos in breach of loans include Trinity Exploration (TRIN) and LGO Energy (LGO) while the yield on IGAS debt suggests it is in the merde. So who will be next to admit it's toast, to use either the word "administration" or the phrase "little or no value for shareholders". Voting deadline is midnight tonight.

Tom Winnifrith Bearcast special - the delightful symmetry of Andalas & LGO Energy

Published 438 days ago

There is so much delightful (for we bears) symmetry between LGO Energy (LGO) and Andalas (ADL) as both sink to a level where flippers in the recent placings must now take a loss. Right down to the CEOs both having facial hairs. It is uncanny and the subject of this podcast which also makes general points about stocks where the share price dips below a placing price in short order. It is all about human psychology.

LGO Energy and Commerzbank TR-1s – surely shome mishtake?

Published 439 days ago

I’m a bit confused: how can you sell down your holding and at the same time increase your % interest all at the same time? Well, I guess that’s pretty complicated stuff and best left to the professionals.

Tom Winnifrith Bearcast - Nicotine Clean for 2 days under 3 months

Published 441 days ago

Yup I am still clean and 99.9% of the time very glad to be. But I know that if I have just one fag it will be all over. So I will not. I digress. Today's podcast covers my little internet difficulties here in Kambos then goes onto Aureus Mining (AUE), Circle Oil (COP), IGAS (IGAS), LGO Energy (LGO) and Gulf Keystone (GKP). Finally I urge regular listener Marcus Stuttard, head of the oxymorons at AIM Regulation, to read the utterly shocking Phil Edmonds and Andrew Groves tale HERE as it shows what a shite job the bogus Sheriff is doing.

Tom Winnifrith Bearcast: I saw a snake & have a photo and this is a cracking bearcast BTW

Published 442 days ago

I shall put the photo up later on TomWinnifrith.com but this is the first snake of the current greek trip - day 6 and one down!. I am a modest man, as you know, but feel that I have little to be modest about in saying that this really is a most excellent podcast covering Nostra Terra (NTOG), Avanti Communications (AVN) and a new lawyers letter,, Outsourcery (OUT) and LGO Energy (LGO) all in some detail. 

Notes from Underground - Sobriety

Published 446 days ago

The Old Bill got back to me regarding last week's tag-team event, Lucian Miers & Paul Scott vs some drunk. As the gentleman in question had no prior entalglements with the police, and was shocked by his behavior when he sobered up, he was given a caution and cut loose.

LGO Energy: The Risible Write to Reply - By Don Quixote

Published 447 days ago

It has been suggested by Duck & Dive and repeated by other poltroons on LGO Energy (LGO) Bulletin Boards,  that in my last article it was unfair to 'confuse' reactivations with re-completions as it is a case of drawing conclusions about the depletion rates of apples with the depletion rates of oranges.  In answer to this criticism, I would stress firstly, that it was Neil Ritson who framed the terms in which he sought to demonstrate that wells in the Goudron Sandstone deplete slowly.  I will quote him again.

Tom Winnifrith Bearcast 5 May - the Great LGO Spoof worked! Well for now anyway!

Published 449 days ago

In reflective mood on election day I cover just a few companies. Falanx (FLX) where we backed the placing and the shares have tanked! LGO Energy (LGO) where the morons were spoofed and death is postponed, Centrica where shareholders are paying for CEO crack, that is debt addiction and  Feedback (FDBK) which seems like a rum and coke to me. I also cover, en passant, Conroy after getting a pleasant ambush, but an ambush none the less, post dentists, from Ireland.

LGO Energy - so how dire is production?

Published 453 days ago

LGO Energy (LGO) shareholders have a habit of taking every production figure that LGO releases and reasoning their way a priori to envelope that figure within a schema of general conventional oil production far into the distant future without factoring in the overwhelming rates of depletion at the field. Essentially this is a wilful ignoring of the empirical evidence of decline. This falls squarely within Einstein's definition of insanity as making the same set of assumptions over and over again and expecting different results.

Spineless Neil Ritson hides key LGO metrics in today's soggy ramptastic release

Published 464 days ago

As we know, having failed to get away a £6 million placing a few weeks ago (raising just £1.3 million) LGO Energy (LGO) will not be able to make its scheduled bank repayment in May and so faces another insolvency risk. Hence it is ramping for all its worth to issue yet more confetti, now that it had permissions to issue 1.6 billion more shares. And thus today's pitiful release below. It is what hapless CEO Neil Ritson does NOT say that matters.

Tom Winnifrith late Bearcast: Blame Bill frigging Gates, bloody Walsall, Bodie, Doyle & Cowley

Published 466 days ago

This bearcast and your newsletter are late for a range of reasons including my sickness; taking the Mrs to start a 3 AM journey to fill impressionable young minds in Finland with lefty nonsense; dealing with Bill Bloody Gates; morons from the Walsall Shit Hole and also Bodie, Doyle & Cowley, The Professionals. In the podcast itself I cover Watchstone (WTG), Rosslyn Data (RDT), Fitbug (FITB), Rose Petroleum (ROSE), SeaEnergy (SEA), UK Oil & Gas (UKOG) and in great detail LGO Energy (LGO). I urge you to read the piece today on SP Angel. Read it carefully my friends!

Tom & Lucian Miers preparing for a boozy lunch

Published 468 days ago

We were meant to record a video. In fact we did record but something went wrong and the Conservative Club with its cheap beer beckoned. And thus the video short letter appears as a contemporaneous note.

The biggest Lenigas blizzard of confetti ever - have you read the LGO EGM notes?

Published 469 days ago

It rather seems to have passed folks by but having failed to raise £6 million in a placing he masterminded a month ago (as leaked emails show HERE), Jabba The Hutt is still determined to see dilution on an unprecedented scale - even by his standards - at LGO Energy (LGO). There is an EGM on Monday 18 April.

David Lenigas shares pain of shareholders in LGO, Cuba, Afriag etc - Monaco yacht only 36 foot caption contest

Published 478 days ago

David Lenigas would like to let shareholders who have lost a fortune in LGO Energy, Inspirit, Afriag, Lenigas Cuba, Polemos, Doriemus, etc, etc that he shares their pain as we can show in the photo below.

David Lenigas on twitter: Lying, insider dealing or what?

Published 483 days ago

Due to the huge interest in my UK INvestor Show session "Why David Lenigas should be drummed off AIM forever" we are now miving this session to the main auditorium on April 30 2016. I would not want anyone to miss out. And if you needed further evidence of why the case is such a slam dunk here is a tweet from 48 hours ago:

Tom Winnifrith Bearcast 31 March - Gable, Asian Citrus & LGO - going down the pan edition

Published 484 days ago

A short bearcast as I am set to fly back to the UK soon. Shame, shame. I start with earnings visibility looking at Gable (GAH) and Asian Citrus (ACHL). One is a shite investment the other is going down the pan completely. Then it is onto LGO Energy (LGO) which, with the curse of Lenigas, is in the latter category. I explain why BP rumours are just bollocks.

LGO Royalty rates in Trinidad down but it is still screwed - even Lenigas could not polish this turd

Published 491 days ago

LGO has been flagging that this would happen for months but now that the royalty rates on Goudron have been cut, Neil Ritson is announcing the news as if it was the second coming of Jesus. It is not. For starters Jesus would struggle to find three wise men and a virgin to welcome him at any company associated with David Lenigas.  This company is still screwed and more confetti issues are ineviable ahead of its next formal debt repayment default in May.

Just how close to tits up is the position of LGO Energy? Now its seven weeks

Published 498 days ago

Yesterday as LGO Energy (LGO) raised £1.36 million gross, I published the emails showing how David Lenigas stated that the company needed £5-6 million to turn around. Even that was a lie predicated on silly output projections, but on the sums raised LGO is just fucked, it has merely postponed crunch time from April ( 2-3 weeks) to May, lets call it 7 weeks.

Tom Winnifrith Bearcast - placing ahoy at Verona Pharma? And much much ffing more!

Published 499 days ago

In a wide ranging podcast today I cover: 88 Energy (88E), Verona Pharma (VRP), LGO Energy (LGO), UK Oil & Gas (UKOG), Solo Oil (SOLO), the woes of Jabba The Hutt, Wandisco (WAND), Stilo (STL) and Jiasen (JSI) and I offer you a severe warning about uber-ramped Challenger Acquisitions (CHAL) where its a real PLACING AHOY

Lenigas tries to raise £5 million for LGO Energy - raises just £1.36 million, a Jabba Flop, emails leaked

Published 499 days ago

LGO Energy (LGO) has announced that it has raised £1.36 million in a placing at 0.25p and also that contractors have agreed to take payment of £590,000 of debts at the same price. This is a disastrous snub from the London Markets to David Lenigas as it was he who led this attempted bailout and mug punters were being promised a £5 million raise as you can see in leaked email correspondence below. Neil Ritson the hapless CEO of LGO admits that this is not enough, stating in the release:

Goudron Bollocks from LGO as it tries to ramp as £5 million rescue placing struggles

Published 501 days ago

Five days ago we revealed that David Lenigas himself was trying to arrange a £5 million bailout placing for insolvent LGO Energy (LGO) which would see Jabba go back on the board and hapless CEO Neil Ritson pushed into the long grass a couple of months later. We have emails from broker Dowgate to potential investors explaining Jabba's plans and saying that the placing would close well before the end of last week. There has been no RNS. Clearly - and not surprisingly - the placement is struggling big time and so LGO has today released ramptastic bollocks from Goudron to try to spoof punters into backing the bailout.

Breaking News: David Lenigas planning £5 million LGO placing as yanks pull out - Jabba to take control again

Published 506 days ago

This morning LGO Energy (LGO) admitted that US investors were - after all - not going to spunk $20 million on bailing out the debt ridden, AIM listed disaster story. I can reveal that a plan B is now underway. Jabba The Hutt is back in town...

Tom Winnifrith Bearcast 7 March - race to 0p - Fastjet, LGO, Xcite...who else?

Published 508 days ago

In the race to 0p who will win? After today's statement FastJet (FJET) is in the running as is LGO Energy (LGO), PetroCeltic and XCite Energy (XEL) which also had news today. I also look at Plethora (PLE) and the idea of something which is too good to be true. Then I move onto [email protected] - if you have not emailed the greedy useless mother yet PLEASE DO SO NOW. I offer up a suggested form of wording for your email. Warning/ Bad language alert.

PetroCeltic - shares suspended pending clarification...oh dear, which oil junior's next?

Published 508 days ago

And yet again the Bulletin Board Morons take something of a battering because they thought they knew better. This time it is - essentially bankrupt - Petroceltic (PCI), shares in which have this morning been suspended pending clarification. Ooops a daisy.

LGO Energy - the worst broker note in history shows how this company is worthless

Published 510 days ago

After yesterday's dire news from LGO Energy (LGO) which saw its shares slump to 0.31p the case of Tom Winnifrith vs David Leni-Maths continies and I now bring you another piece of evidence, possibly the worst broker note in history. Analyst Barney Gray at Old Park Lane was either on crack cocaine when he penned this classic back on 21 February 2012 or he was simply writing exactly what the share ramper David Lenigas told him to write. My guess is that it was the latter as Old Park was joint corporate broker at the time. Anyhow, Barney told us that the shares were a buy at 1.2p with a 5p target. But it is what he says in this nonsense that is of real import.

Tom Winnifrith Bearcast 4 March - Arguing with a Drunken Sailor as rats jump ship from AIM

Published 511 days ago

Rules are rules and whether it is soccer playing sex offenders or AIM Companies you have to stick to them. Moreover a COI is a COI even if sign off on and some may be legally kosher but are morally wrong. I refer to my rows with DS on 3Legs Resources (3LEG). I look at Monitise (MONI), rats leaving AIM, viz Edge Resources (EDG) & UMC Energy (UEP). I ask where is the fraud at African Potash (AFPO)? And then - to entertain Wildes - I look at LGO Energy (SHITE) again as well as at Iofina (IOF) - when will it fess up? I also ask a question of Audioboom (BOOM)

LGO renegotiates with Frog bankers again - admits it is in dire straights

Published 511 days ago

The unacceptable face of capitalism, Mr David Lenigas, can ramp LGO Energy (LGO), the company that paid him almost £1.8 million over 7 years to help buy his 100 foot yacht, as much as the fat liar wants but a statement today makes it clear just how fucked LGO is and that its position is getting worse rapidly.

Tom Winnifrith Bearcast 3 March - Off to Hospital & the Horse Hill smells

Published 512 days ago

A day truncated by medical appointments sees me start the podcast with Grantchester and the Mighty Hammers - the article I mention on the latter is HERE. Then it is onto the disgrace at 3Legs (3LEG) for which there can be no excuse and where there is more to come. Then onto Horse Hill, a funny smell and the THREE placings on the way. I look at African Potash (AFPO), LGO Energy (TOAST) and the total farce at Petroceltic (PCI  - bad language alert in that section.

David Lenigas Blatant Twitter lies of the day Number 1 - LGO Energy

Published 514 days ago

You see a share price falling despite your ramping what do you do if you are Jabba The Hutt, David Lenigas, the unnacceptable face of capitalism? You open up your laptop on your 100 foot yacht in the Monaco tax haven and tweet out some lies. David Lenigas you are a liar. I invite you to sue me for libel for calling you a liar. You will not because here is (more) slam dunk proof that you are a liar. Here are some lies you told about LGO Energy (LGO) - target price 0p - with the past 24 hours.

Tom Winnifrith leap year Bearcast: the spectre of mass unemployment & a POS who deserves it, the liar Lenigas

Published 515 days ago

Warning: The podcast contains both bad language and also a lot of abuse directed at Australians.I start with the guys who run Slater & Gordon and accept that they can't be thrown to saltwater crocs who have not eaten since Christmas. shame. Its all down to geography. I then move onto the liar David Lenigas, Rare Earth Minerals (REM) and LGO Energy (LGO). Then to Bingo Bango Bongo (BGO) WTF is going on? Petroceltic (PCI) - the new Afren in every respect - and then to 4D Pharma (DDDD), Finally I dwell on the spectre of mass unemployment in certain sectors in China, the UK and the USA and what it means.

Tom Winnifrith Bearcast 26 Feb: Savile BBC cover up, Beer& Popcorn date with me Sunday & denial at Petroceltic & LGO

Published 518 days ago

I start with Jimmy Savile as I have no apologies for running this yesterday.The BBC enquiry is just another establishment cover up and I explain why. Then it is onto investor denial at Petroceltic (PCI), not at Premaitha (NIPT), but at LGO Energy (LGO). I explain why Volex (VLX) is - and always will be - a shit company. Then I ask Rob Terry and Knob Park to unblock me on twitter as we should all have an online beer and popcorn party late on Sunday when Slater & Gordon (SGH) reports its results. I'll be up to do a special podcast and it will be fun. I hope you'll be joining me and that Rob will unblock me so he can take part too. There is also a brief comment on Nyota (NYO) where the piggery by a useless CEO is about to stop. 

Petroceltic: Moron "experts" from Bulletin Boards take it up the arse as bid comes in at 3p

Published 518 days ago

Time and time again we bears warned folks that shares in Petroceltic (PCI) were essentially worthless. But the Bulletin Board Morons - as always - knew better. Tom Winnifrith is just a failed fund manager/pizza boy/alcoholic they chanted as they bid the shares to 20p+. Oh dear folks, this former oil analyst has no sympathy as today Petroceltic received a bid at just 3p per share and that is as good as it will get. The Morons - as ever - just do not know what they are talking about.

David Lenigas ramping and spoofing the morons on LGO Energy, a familiar script

Published 519 days ago

The unnacceptable face of capitalism, Mr David Lenigas, is today ramping shares in LGO Energy (LGO), spoofing the army of lobotomy patients that appear to follow him, into buying the shares, with his own peanuts purchase. The shares are now 0.33p as these poor fools are parted from their hard earned savings, as they are played, spoofed, by the fat Aussie share promoter.

Tom Winnifrith bonus Bearcast: David Lenigas your soul will burn in hell (mental health smears) & LGO RNS unspun

Published 520 days ago

There is an RNS out from LGO Energy (LGO) which is being spun as a triumph. It is not. The shares are up 37% today (so just 90% down on the IPO) but I systematically expose the truly bad news LGO is fessing up to. David Lenigas is - as you can see - on twitter having a go at me. Like his tobacco smuggling pal Yusuf Kajee he plays on the suicide of my mother, implying again that I have mental health issues. I do not, but Mr Lenigas will see his soul burn in hell. He is shameless and all folks with any conscience will just refuse to have anything to do with him. 

LGO Energy - 5 Questions for the Weekend Mr Ritson, as Insolvency looms

Published 525 days ago

The silence from doomed LGO Energy (LGO) is ominous. There is not even an attempt to ramp the shares ahead of a bucket shop placing because the bucket shops cannot write the sort of cheque this POS needs to survive. I doubt anyone can or will which is why my target price for the shares remains 0p. As I get the beer & popcorn ready for the final act (the death scene) here are 5 questions for hapless CEO Neil Ritson.

Tom Winnifrith Bonus Bearcast: BP is an investment LGO is a crap gambling chip

Published 530 days ago

LGO Energy (LGO) owning lunatic Wildes responds to yesterday's damning indictment of the David Lenigas created value destroying machine by saying that it was all down to the oil price and BP (BP.) was no better. In this podcasts I give the hard facts that show that Wildes is just wrong and explain why BP is an investment and is good news for all concerned while LGO is just a crap gambling chip which gains no-one other than the man exposed HERE, Jabba The Hutt.

LGO Energy - The Utterly Shameful Scorecard of Destruction & Greed

Published 531 days ago

Some are trying to argue that folks have made money out of LGO Energy (LGO) as a gambling chip by trading it. Maybe some have. Most of have lost because as the truly shocking hard data below shows this has been a masterclass in ramping, value destruction and executive greed. The only real winner here has been Jabba The Hutt, Mr David Lenigas.

Is this the worst ever investment made by David Lenigas (using other folks cash)?

Published 532 days ago

I noted today that the ability of the (value) Wrecking Crew that is David Lenigas and associated gophers at Polemos was dire and I doubted if anyone could do worse (see HERE). But a kind reader has managed to find an even more disastrous investment made by Jabba The Hutt using - natch - other folks cash. Let's wind back to 2008 and LGO Energy (LGO), then called Lenigas & Oil.

Tom Winnifrith Bearcast 12 Feb - Polemos the £1.4m David Lenigas scandal

Published 532 days ago

I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxic Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.

Tom Winnifrith Bearcast 11 Feb: Trivial Pursuit Q, the sexual hang-ups of Swedes and Leni-maths from Neil Ritson

Published 533 days ago

Warning: This podcast contains a lot of bad language and images of a sexual nature. As far as I understand it, Sweden is known for the fact that 95% of its population enjoy thrashing the naked buttocks of other folk's partners at the weekend. But it is not this that concerns me but its insane Central bank which has cut interest rates again ... to minus 0.5%. I reflect on this madness and the insanity of Janet Yellen of the Federal Reserve and then on the gold price. I look at a few gold stocks racing ahead wrongly ( Condor (CNR), Goldplat (GDP) and Patagonia Gold (PGD)) and at others I might buy. I comment on the insane dead cat bounce at Motive TV (MTV) and on the odd behaviour of crony capitalist PR man Reg Hoare of TrakM8 (TRAK) and explain why its shares are still a sell. Then it is onto the deadlines for Solo Oil (SOLO) and LGO Energy (LGO) going under as Neil Ritson tries his hand at Leni-Maths. And I also have a trivial pursuit question for you all.

Tom Winnifrith Bonus Bearcast - My friend you are in sheer denial on Gulf Keystone, your shares are worthless

Published 544 days ago

My earlier podcast on oil was I thought very balanced but one shareholder in Gulf Keystone (GKP) disagrees as you can see in the comments section beneath that excellent Bearcast HERE. My fried you are in denial just like Comrade wildes on LGO Energy (TOAST) and those who still believe in Avanti Communications (AVN). I refer to all three stocks but Gulf in particular as I examine the various facets of this common investor trait of denial. 

Tom Winnifrith Bearcast 31 January - Is it time to buy oil shares aggressively?

Published 544 days ago

The weekend press is full of stories of doom and gloom and dividend cuts for BP (BP.) and Shell and clearly there are a stack of smaller companies that are totally screwed and where shareholders are likely to face total wipeout. In that vein I discuss Magnolia (MAGP), Igas (IGAS), Gulf Keystone (GKP), XCite (XEL) and, of course, LGO Energy (TOAST).  But is there a case for buying oil shares as a long term invester. I look at a few cases from BP down to Union Jack Oil (UJO). Perhaps there is no rush but the time will come.

Next Job for Bush, Ritson, Carroll, Piggy Austin - oil worth less than shit chicken graphic

Published 547 days ago

As the summer wears on folks like little Keith Bush at Northern Petroleum (NOP), Andy Carroll of POS Mosman Oil & Gas (MSMN), halpess Neil Ritson of LGO Energy (TOAST) and Andrew "Piggy" Austin will be looking for new jobs as their company's go tits up. The graphic below suggests that next time they might want to try serving up something customers want to pay for?

Tom Winnifrith Bearcast 26 Jan: lessons for the Rampers, Bulletin Board & other Morons

Published 549 days ago

Unlike yesterday's podcast this was recorded before lunchtime and, anyway, I am staying sober until after my presentation tonight when I might be less sober. Still there is a good deal of bad language in the Bearcast as I do a concluding section on Bulletin Board Morons in denial with reference on this occasion to Servision (SEV). I also cover more market abuse at Frontier Resources (FRI) as well as Independent Resources (IRG), Plexus (POS), LGO Energy (LGO) and Fusionex (FXI) - reference director's dealings.

LGO -now showing that it has form of misleading on output in presentations

Published 554 days ago

I showed quite clearly yesterday that the latest investor presentation given by Neil Ritson, the hapless CEO of LGO Energy (TOAST) was misleading. Now I move on to show that this is not a one-off, this company - whose shares are worth 0p - has serious "form."

LGO Energy Tries to Hide Calamitous decline with deceptive presentation: Gotcha!

Published 555 days ago

An RNS from LGO Energy (LGO) late yesterday announces that hapless CEO Neil Ritson is presenting at yet another conference in Trinidad. Boy that guy must have some air miles. The presentation which you can download HERE is truthful but misleading in respect to the calamitous decline in output. I refer you to page 2 which is below. This is a shocker.

Tom Winnifrith Bearcast 19 January Marechale is the laughable ramp de jour & Laughing at Lenigas Cuba

Published 556 days ago

Today's ramp de jour is Marechale (MAC) which I debunk completely. The same rampers were active in Peer TV (PTV) - see earlier -  and Glenwick (GWIK). They are scumbags. I laugh at Lenigas Cuba (CUB) have you seen the latest trade? Then it is onto Environmental Recyclying (ENRT), Octagonal (OCT), LGO Energy (TOAST), Greatland Gold (GGP), STM Group (STM), Phorm (PHRM), Quantum Pharma (QP.), XCite Energy (XEL) and Bahamas Petroleum (BPC), both in my 11 oil stocks to go bust list.

Eleven Oil stocks heading for Zero

Published 558 days ago

The weekend news from the oil sector is grim. I am not sure that folks out there in, what Malcolm Stacey might term, punterland realise just how grim it is. There is a massive PR and IR industry supporting the proposition that things can only get better. Au contraire, for the next few months at least, they are going to get a lot worse. And in that spirit I offer up a list of eleven oil E&Ps to sell now, to get out what and while you can, as they could well hit zero. 

Tom Winnifrith Bearcast 15 January: The Force Awakens, The Sith Lord cast into exile

Published 560 days ago

The Sith Lord Zak Mir will be leaving the rebel alliance for good on Sunday. As of now this site is (with the exception of the miserable froggie Thierry who has penned a great piece today) fundamentals only, no TA nonsense. We will do some buy tips but not of that ramping shite Bulletin Board Morons love - this site is becoming more critical and bearish. In terms of the market I comment on the joke that is ISDX in light of Nigel's great article today then onto MX Oil (MXO) - explaining market abuse & insider dealing for Wildes and other morons - LGO Energy (TOAST), Koovs (KOOV), UKRProduct (UKR), EG Solotions (EGS), Webis (WEB) and BMR (BMR)

LGO Energy - The REAL Reason its worthless: Depletion rates

Published 561 days ago

LGO Energy (LGO) has all sorts of problems. It is almost out of cash, it is burning cash, it is drowning in debt and it has a management credibility issue. But its real problem? Its assets in Trinidad are shite. The company has never come clean on how rapidly new wells go into decline but here is the raw data and it is pretty terrifying. It is based on RNS releases for each of its Goudron wells. 

Zak Mir's Bulletin Board Heroes: Aminex, Forbidden Tech, Falkland O&G, LGO Energy & Rockhopper

Published 561 days ago

Featuring shares in Aminex (AEX), Forbidden Technologies (FBT), Falkland Oil & Gas (FOGL), LGO Energy (LGO) and Rockhopper Exploration (RKH) with share price targets set for all five stocks.

Tom Winnifrith Bearcast 13 January - Ive never met a nice South African - no that's a lie

Published 562 days ago

After today's twitter harassment from Yusuf Kajee of Afriag (AFRI) I was rather reminded of the Spitting Image classic below. But it's a lie. I had a good chat with Jan Nelson of Xtract (XTR) who is a nice South African and I offer a few thoughts on his company and explain why our podcast interview will be in a few days. The it is onto LGO Energy (TOAST) and Jabba The Hutt ramping, Stanley Gibbons (SGI), Premier Oil (PMO), Independent Oil & Gas (IOG) and the China frauds. I also mention the new vehicle of Andrew "piggy" Austin of IGAS Infamy which Nigel takes apart HERE. He is not a South African but should be.

David Lenigas: Share ramper, market abuser or insider dealer? LGO Morons prepare to get rogered

Published 562 days ago

Jabba The Hutt cannot help himself. Having pompously blathered on about how we all need to be responsible when using social media the fat Aussie has today shown himself (again) to be utterly irresponsible or worse. This time the rampfest is LGO Energy (LGO). Jabba tweets:

Tom Winnifrith Bearcast 11 Jan - Koovs Disgusts me, Afriag - incoming!

Published 564 days ago

I think that Koovs (KOOV) is a basket case anyway but the manner in which it disclosed information - or lack of it - this morning is disgusting and treats private investors with contempt. The Gulf Keystone (GKP ) RNS is a shocker & I have cut my target price to well below 10p. Some folks just don't seem to accept how the oil price has changed everything and I discuss why certain stocks are now well and truly toast notably Northern Petroleum (NOP), IGAS (IGAS) and LGO Energy (TOAST).  I am delighted to see that Cynical Bear's articles yesterday have had some impact and comment on Corero (CNS) in detail. And then Afriag (AFRI). Its my birthday tomorrow and I have a present for Yusuf Kajee to celebrate. Incoming!

Tom Winnifrith Bearcast 8 January: hard analysis, taking Magnolia to the cleaners

Published 567 days ago

I start by explaining to Zak Mir what a dead cat bounce actually means. That brings me to Golden Saint Resources (GSR). Then there is a detailed analysis of the worthless POS that is Magnolia Petroleum (MAGP), comment on why Wildes is so wrong on LGO Energy (TOAST), on Sports Direct (SDI), Premaitha (NIPT) and finally on Games Workshop (GAW) and Mysale (MYSL). I also continue pointing out why lunatics like George Ferguson the barking mad Mayor of Bristol, only serve to make retail stocks even more of an avoid.

Tom Winnifrith Bearcast - Chavs in Poundland, Death of LGO and mad George Ferguson Mayor of Bristol

Published 568 days ago

I have just had a half sober lunch and explain what that means. I then move onto our champagne socialist, Guardian reading tosser of a Mayor here in Bristol, George Ferguson, and a pre lunch incident. Then onto Mobile Streams (MOS), Poundland (PLND) and LGO Energy (TOAST).

Tom Winnifrith Bearcast 6 January: Alibaba looks like a red flag slam dunk sell

Published 569 days ago

I could not sleep last night so spent several hours looking at filings by Alibaba (US:BABA), the world's largest IPO. They seem red flag strewn and I would have this one down as a slam dunk sell for 2016. There will be more on this to follow but I am just putting a marker in the sand. Back in the UK I look at Gulf Keystone (GKP), African Potash (AFPO) and LGO Energy (LGO)

Tom Winnifrith's share tips of the year No 7 - Buy Premaitha at 18.5p - target 30p

Published 572 days ago

Ok this was one of my less successful share tips of the year for 2015 but this time it really will come good. That will be the prompt for guffaws of laughter from Wildes, who is currently sitting on a sinking lifeboat from the doomed SS LGO Energy. But he who laughs last... 

Tom Winnifrith's share tips of the year Number 5 - sell LGO Energy at 0.265p

Published 573 days ago

This company is on the precipice. It needs to raise £5-6 million in emergency equity to keep going and everything is going against it. The best case for LGO Energy (LGO) is mega dilution from whatever is a confetti issuing machine, but an equally plausible outcome is insolvency.

Tom Winnifrith Bearcast 30 December: Daniel Stewart (bust) the joke goes on, Rob Terry, gay bars & Jabba The Hutt

Published 576 days ago

Sorry that material appeared late on this website today. I was out last night at a play on Christopher Street which some of you may well know well - that explains one part of the headline. Elsewhere I look at interims from Daniel Stewart (DAN) which is just a plain farce. Then onto Afriag (AFRI) and the attempted bribe and LGO Energy (LGO) the two Jabba The Hutt plays. Fraudster Rob Terry was a big fan of Daniel Stewart and also of Imaginatik (IMTK) which I discuss. Fitbug (FITB) is mentioned as - in more detail - is Scancell (SCLP) which seems to be pump priming for a placing.

Tom Winnifrith's share tip of the year Number 2 - Sell Rare Earth Minerals at 0.7p

Published 579 days ago

There are number of reasons why Rare Earth Minerals (REM) is a slam dunk sell. So many that it is hard to know where to begin. But we might as well start with the macro scene and a very important article that appeared on this website a few minutes ago.

LGO Energy - the stench of David Lenigas wont go away

Published 580 days ago

The biggest problem that LGO Energy (LGO) faces, other than still not fessing up fully to misleading investors (Leni-lying-gate) and hurtling towards administration unless it can secure a bailout placing and an oil price which is so low that it can't generate cash and having fields which suffer such sharp declines in output that they make no sense, is the association with toxic Aussie share ramper David Lenigas. It tried to distance itsself from Jabba The Hutt by changing its name from Leni Gas & Oil..but er...

LGO forced by ShareProphets to clarify annual report lie but someone is still lying

Published 582 days ago

Two days ago I accused LGO Energy (LGO) of misleading investors big time - HERE. Today, when it thinks no-one is watching, it has put out a grovelling correction but someone is still lying. Neil Ritson you useless little shit another correction is still needed.

Tom Winnifrith Bearcast 22 December - sheer comedy from Mosman, Rapidcloud and the Arian clowns

Published 584 days ago

Cripes there is so much entertainment provided by the clowns who run shite companies on the AIM casino. Where do I start? This podcast covers Mosman Oil & Gas (MSMN), Rapidcloud (RCI), Arian Silver (AGQ), Concha (CHA), Rosslyn Data (RDT), LGO Energy (LGO), Fastjet (FJET), Afriag (TOAST), UK Oil & Gas (JOKE), Jiasen (FRAUD), Nostra Terra Oil & Gas (NTOG) and Independent Resources (IRG). 

LGO Misleading Investors Big Time? - does anyone care about AIM Rules any more?

Published 584 days ago

I will now demonstrate how LGO Energy (LGO) appears to have mislead investors in a cavalier and wilful fashion on a very material transaction and fund raise in 2014. It appears to have breached AIM Rule 11 flagrantly but does anyone care any more? Is the Sheriff of AIM the only person left who actually reads the AIM Rule book and takes it seriously?

Tom Winnifrith Bearcast Special: David Lenigas quits the AIM casino shocker - end of an era

Published 585 days ago

Jabba The Hutt quit all five AIM Casino boards he sat on today. In this podcast I reveal the events of the weekend and discuss why he may have left. I warn him that the Nationals are on his case and so smearing me will be ever more pointless. And then I look at actions of the Bulletin Board morons who are still in denial. And finally at what this means for the Jabba stable. It is bad news. The best bet for near term zeros are Afriag (AFRI) and Evocutis (EVO) but Rare Earth Minerals (REM), Inspirit (INSP), Solo Oil (SOLO) and LGO Energy (LGO) are also all slam dunk sells as I explain.

Zak Mir's Bulletin Board Heroes: Churchill Mining, Egdon Resources, Falkland Oil & Gas, Frenkel Topping Group, LGO Energy

Published 585 days ago

Featuring shares in Churchill Mining (CHL), Egdon Resources (EDR), Falkland Oil & Gas (FOGL), Frenkel Topping Group (FEN) and LGO Energy (LGO) with share price targets for all five stocks.

Tom Winnifrith Bearcast 16 December: African Potash this stinks & an apology to Doc Holiday

Published 590 days ago

This podcast ends with an apology to Doc Holiday. I am happy to set the record straight on which shit Patrick Cheetham stock he tipped and which was a Malcolm Stacey blunder. We start with another request for ideas on what I should get the Mrs for Christmas and thanks Mike from Scotland but it is not going to be a boob job. Then it is onto the disgrace that is African Potash (AFPO), Bonmarche (BON), retail generally, nasty remarks about Americans, Work Group (WORK) and today's Jabba The Hutt comment concerns LGO Energy (LGO)

Zak Mir's Bulletin Board Heroes: Featuring Concha, Falkland Oil & Gas, Iofina, LGO Energy, Sable Mining

Published 591 days ago

Featuring shares in Concha (CHA), Falkland Oil & Gas (FOGL), Iofina (IOF), LGO Energy (LGO) and Sable Mining (SBLM) with share price targets for all five stocks.

Tom Winnifrith Bearcast 14 December - boy these new painkillers are good

Published 592 days ago

Heck if you are a shareholder in a Jabba The Hutt company they might even work for you. I am on new prescription pills and flying. In today's podcast I cover LGO Energy (LGO), tiouch on Afriag (AFRI) and then InternetQ (INTQ) more on that tomorrow, target price 0p. There is a detailed look at Audioboom (BOOM) and a look at Circle Oil (COP) and Tribal (TRB) which have a lot in common with 3 big name zeros I call out in the latest UK Investor Show magazine out today HERE . Finally a look at Tertiary Minerals (TYM) and Concha (CHA)

LGO Energy: David Lenigas has NOT sold shares (or has he)..Evening Standard warns of administration risk

Published 592 days ago

Well there is a shock. The LGO Energy (LGO) 2014 annual report was simply wrong in stating that David Lenigas had sold enough shares to go below 3% - naughty, naughty Neil Ritson, but I guess that is the least of your sins. For today Jabba The Hutt announced that he owned 154 million shares.

Notes from Underground - Santa Rally, Non Tom only makes number 35

Published 593 days ago

Oh my stars, the weirdest thing that you will view all week is our #9 most-viewed post, Chris Oil Video - how he makes 1000% a trade, his night with the ladies and more. It's made all the more special by the tacky pop music playing in the background and the sounds of the dishes being collected. Also, does Chris Oil refer to himself in the third person sometimes?

Tom Winnifrith Bearcast 12 December - live from Athens Airport

Published 594 days ago

I start with a hint to the oppo, that is InternetQ (INTQ), fire the lazy upper class fuckwits at FTI Consulting who you employ to do PR, they are useless as I explain in this podcast. It is then onto Condor Gold (CNR), Optibiotix (OPTI), Wildes and his trading strategy in LGO Energy (LGO) and elsewhere - the road to ruin. And finally where is Malcolm Stacey's Santa rally? It seems to be er..late.

Tom Winnifrith Bearcast 11 December - I prove I'm an optimist - putting cash in a Greek bank

Published 595 days ago

Yes I have indeed done just that, or I think I have. The olive harvest saga continues and the snow has started on the mountains above the Greek Hovel, pictures later. In this podcast I look at Jabba The Hutt ramping Afriag (AFRI) and warn you what will happen next. Then a comment on LGO Energy (LGO) before heading onto PeerTV (PTV) and - in an unusual manner - I cover ValiRx (VAL). You see Satu I am a man of my word, Halosource (HALO) gets "the treatment" as does Gary Newman for buying into corporate bullshit speak. Then it is onto Photosntar Led (PSL), Fitbug (FITB) and finally InternetQ (INTQ).

Zak Mir's Bulletin Board Heroes: 88 Energy, Cloudbuy, Independent Oil & Gas, LGO Energy, San Leon Energy, Westminster Group

Published 595 days ago

Featuring  shares in 88 Energy (88E), Cloudbuy (CBUY), Independent Oil & Gas (IOG), LGO Energy (LGO), San Leon Energy (SLE) and Westminster Group (WSG) with share price targets for all five stocks.

Tom Winnifrith Bearcast 10 December - having problems doing business in Greece, can InternetQ help me

Published 596 days ago

I seem to be struggling to do business with my olives here in Kambos, Greece. I appear to have sold the oil - all bar 16 litres which I am taking back to the UK. But so far I have paid the press 16 Euro for the transaction which now sees it owning 200 litres of MY oil. Surely this is not right? Perhaps InternetQ (INTQ) runs the olive press? In this podcast I also cover LGO Energy (LGO) just to keep Wildes happy - Jabba the Hutt fave Rare Earth Minerals (REM) and European Metals (EMH), Concha (CHA), Tern (TERN), Imaginatik (IMTK), Peer TV (PTV) and the looming debacle at Chris Oil fave Mkango Resources. 

Video: Tom Winnifrith: 12 Questions David Lenigas WILL NOT ANSWER from Gold & Bears - November 28 2015

Published 596 days ago

In this presentation from Gold & Bears I posed 12 questions that Jabba the Hutt will not answer. I then ran through the Lenigas portfolio explaining why you should sell shares in each of: LGO Energy (LGO), Rare Earth Minerals (REM), UK Oil & Gas (UKOG), Inspirit (INSP), Lenigas Cuba (CUBA), Evocutis (EVO), Solo Oil (SOLO) and AfriAg (AFRI). Enjoy...

LGO Odd One Out Contest - You all got it wrong (well sort of)

Published 596 days ago

Yesterday I asked you to identify the odd one out in the four pictures below: The England Rugby team, David Lenigas, Market-makers Winterfloods and the City Nomads, brokers and PRs celebrating at their annual Christmas party and YOU ALL GOT IT WRONG but there were some good answers anyway HERE.

Tom Winnifrith Bearcast 9 December - Condor Gold & Rose Petroleum are delusional

Published 597 days ago

The pain killers are really starting to kick in and so I must warn you that this podcast contaions some bad language. Well quite a lot of bad language actually. On the agenda are the delusional fantasists who are running both Rose Petroleum (ROSE) and Condor Gold (CNR) into the ground. There is an apology on LGO Energy (LGO) but its shares, down again today, are still toast - I discuss what a strategic review means and why Bulletin Board morons are just so blinkered...they are in love you see. Then it is onto Iofina (IOF), Quoram (QRM), InternetQ (INTQ) and the dog Fitbug (FITB)

Tom Winnifrith Bearcast 8 December - InternetQ, battle underway, LGO a RNS that says desperate

Published 598 days ago

In today's podcast I update you all on the olive harvest - I managed four hours in the fields today despite still being in real pain. But not as much as LGO Energy (LGO) - its RNS today smells of desperation. For strategic review read "the game is up" and that also applies to Kolar Gold (KGLD). I comment on Avanti Communications (AVN) where the share price crumble is accelerating - remember debt is crack cocaine for management but for shareholders it is bad for your wealth. I comment on Silver Falcon (SILF) and tick off the grossly irresponsible, Justin the Clown of ADVFN and also on Defenx (DFX), rapidly becoming an IPO omnishambles. Then onto InternetQ (INTQ) where it is now "game on" but I end with Antrim Energy (AEY) where a concert party of Brokerman Dan, market abuser Chris OIl and ADVFN (AFN) head honcho Clem Chambers have just taken a 3% stake.

As LGO shares tank to just 0.15p to sell - an odd One Out contest in its honour

Published 598 days ago

Despite Jabba The Hutt tweeting like mad about how cheap shares in LGO Energy (LGO) are, they have crashed again today and are now just 0.15p to sell. Ouch. Only 0.15p to go. In honour of this we have a new odd one out contest. Simply say which of the four pictures below is the odd one out and why.

Tom Winnifrith Bearcast 7 December - Very Bruised by Greece today

Published 599 days ago

I refer not to InternetQ (INTQ) of which a lot more later but to an accident I suffered when picking olives this morning. I am in real pain.  I know how it feels to be a shareholder in LGO Energy (LGO) which I discuss. In today's podcast I also cover Northern Petroleum (NOP), Hardide (HDD) - in grisly detail - Hunter Resources (HUN) and take Nigel's excellent weekend piece on China New Energy (CNEL) further - this just stinks. Talking of China and Norfolk, I also note the news today from JQW (JQW). Finally I question the RNS from Forbidden Technology (FBT)

LGO Energy "initiates strategic review" = "we admit we are fucked"

Published 599 days ago

You were not spoofed by Neil Ritson and his puppetmaster Jabba The Hutt, aka fat Aussie share ramper David Lenigas, into thinking that today's news means that LGO Energy (LGO) is going to attract a bid were you? Oh dear. It is not going to happen. Let me explain.

Tom Winnifrith Bearcast 5 December - Six oil stocks heading to zero (and there are more) post OPEC

Published 601 days ago

In this podcast I discuss OPEC and the oil price. I think you should have some oil exposure via BP (BP.A) and I am intyerested in a couple of gas plays, notably Ascent (AST). But I remain uber bearish on oil juniors as I have been (correctly) for four years. Among those heading for zero which I discuss are Gulf Keystone (GKP), Xcite Energy (XEL), IGAS (IGAS), Mosman Oil & Gas (MSMN), Northern Petroleum (NOP) and LGO Energy (LGO). And there are others take may not hit zero within a year but which still face share price decimation such as Solo (SOLO) and the Horse Shite/ Horse Hill Gatwick Gusher plays.

Jabba The Hutt Becomes a Blogger - I am David Lenigas

Published 601 days ago

Modesty is not normally a word one associates with Jabba The Hutt. Words like ramper, promoter, exaggerating, bullshit, overpaid, greedy are ones that spring to mind. And modesty is something that is not evident at all as Big Dave Lenigas turns his hand to blogging.

Teathers Financial - Suspended but far from out

Published 602 days ago

There have been deranged comments all day coming from Del Boy Lenigas apologist and diehard LGO Energy (LGO) shareholder Wilrides suggesting that the suspension of shares in Teathers Financial (TEA) means wipeout. As you would expect from an LGO shareholder he has got it all wrong.

Tom Winnifrith Bearcast 4 December: In Greece I fear only Vrechi

Published 602 days ago

No Albanians, no work on the olive harvest yet. And now Vrechi, that is what I fear. I have yet to discuss my entanglements with Globo (GBO) and InternetQ (INTQ) with my neighbours but I am sure they will understand. I start the podcast on InternetQ and the weedy rally today. Then it is onto LGO Energy (LGO), another David Lenigas triumph. But what does Jabba The Hutt care? He sold his shares. En passant I mention UK Oil & Gas (UKOG), Motive TV (MTV) and Papua Minerals (PML) before taking a detailed look at Escher (ESCH). 

LGO Energy £0.94 million share placing - far more to come

Published 602 days ago

I make this two confetti issues by floundering LGO Energy (LGO) in the three months since Jabba The Hutt, aka David Lenigas, dissed me on twitter for saying a placing was inevitable. The bad news is that there is a far larger share issue still needed. The good news, for the fat Aussie share ramper at least, is that he sold most of his LGO shares (if not all) last year without disclosing it as he should have done. So it is not his problem.

Tom Winnifrith BearCast 30 November - Producing the Oakley Christmas Card

Published 606 days ago

The annual ritual is complete. The Mrs and I have photographed my morbidly obese three legged cat Oakley in his Christmas hat and even Tara played her part posing in the hat and in a stocking. And thus our rather un-Christian cards are now in production. Awway from that I have a long look at Slater & Gordon (SGH) where the management has just allowed the bears a chance to sell even more shares. Jabba The Hutt stocks Solo (SOLO) and LGO Energy (LGO) get a mention as does Aureus Mining (AUE) with its hugely discounted placing. Alba (ALBA) is clearly lining up its next confetti issue and I comment on that as well as Blur (BLUR), Outsourcery (OUT), Wandisco (WAND), Plant Health Care (PHC), Gulf Keystone (GKP) and NAHL (NAH), Finally I commend the CEO of ValiRx (VAL) who attended Gold & Bears on Saturday and was incredibly poilite. Memo to TW. I will be less beastly to her in 2016.

Zak Mir's Bulletin Board Heroes: 88 Energy, Independent Oil & Gas, Inspirit Energy, Kefi Minerals, LGO Energy, Oxus Gold

Published 609 days ago

Featuring shares in 88 Energy (88E), Independent Oil & Gas (IOG), Inspirit Energy (INSP), Kefi Minerals (KEFI), LGO Energy (LGO) and Oxus Gold (OXS) wth share price targets for all six stocks.

LGO Energy: NED walks, bank not pulling plug, not bust yet

Published 610 days ago

Call it a dead cat bounce. Shares in LGO Energy (LGO) have bounced to 0.5p on news that the bank is not pulling the plug so it is not bust. Yet. Jabba the Hutt, aka David Lenigas, still refuses to saw when he sold most of his shares but it was a good call by Big Dave to get out when he did because the outlook is still grim.

Zak Mir Bulletin Board Heroes: Alba Mineral Resources, China New Energy, Cap-XX, Kennedy Ventures, LGO Energy, UK Oil & Gas

Published 611 days ago

Featuring shares in Alba Mineral Resources (ALBA), China New Energy (CNEL), Cap-XX (CPX), Kennedy Ventures (KENV), LGO Energy (LGO) and UK Oil & Gas (UKOG) with share price targets for all these minnows.

LGO Energy – is Neil Ritson trying to shit on David Lenigas over his share dumping?

Published 613 days ago

Hat tip to twitter follower @Terryfwit1 for flagging up a fascinating new section on the LGO Energy (LGO) website – Q&A.  It displays clear signs that CEO Neil Ritson is trying to distance himself from David Lenigas over his share dealing i.e. selling)..

David Lenigas – so what is with Leni Gas & Oil then big Dave?

Published 614 days ago

In six days’ time at Gold & Bears I shall be posing 12 questions for fat Aussie share ramper Jabba the Hutt and explaining why every stock associated with the man is a slam dunk sell. But as I sit here on Flatbush Avenue Brooklyn here is a teaser for Big Dave. What do our readers think Leni Gas & Oil is?

Does AIM make thieves of us all?

Published 615 days ago

I’ve had an interesting discussion with our stalwart reader Wildrides on my recent 88 Energy piece (88E). Cut a long story short Wildrides has made a number of comments on pieces I’ve written pointing out the obvious flaws in the businesses I’ve covered. Wildrides and I swap the odd email, so I do know his real name. He is an experienced investor and someone whose opinion I respect, but our recent exchange has left me wondering; does AIM make thieves of us all?

Zak Mir's David Lenigas Bulletin Board Heroes Extra: Afriag, Inspirit Energy, LGO Energy, Rare Earth Minerals, UK Oil & Gas

Published 620 days ago

Featuring shares in David Lenigas (pictured left) donkeys: Afriag (AFRI), Inspirit Energy (INSP), LGO Energy (LGO), Rare Earth Minerals (REM), UK Oil & Gas (UKOG) 

New Session at Gold & Bears: Tom Winnifrith 12 Questions for David Lenigas

Published 623 days ago

We have just added an extra session to the Gold & Bears show on November 28 – “12 Questions for David Lenigas”. This will be a solo slot by me in a 50 person breakout session room taking place mid- afternoon. Fireworks!

David Lenigas and his LGO shares – no that Nominee stuff does not wash. Dave must fess up in full

Published 624 days ago

It is suggested by some who still believe in David Lenigas that he has not in fact sold any shares in LGO Energy (LGO) while telling us all how cheap they were but has merely shifted stock into Nominee accounts. Sorry folks that does not wash. Dave & LGO Energy MUST answer in public the questions posed HERE. The facts are simple.

David Lenigas – how many millions of pounds have you made flogging LGO shares? Where’s the TR1?

Published 626 days ago

I hope that his PR man does not beat me up for saying this but David Lenigas appears to have made millions of pounds from selling shares in LGO Energy (LGO) – despite constantly tweeting how cheap the shares were – and appears not to have notified AIM of those share sales.

Tom Winnifrith Bearcast 9 November own Goals and other profits warnings

Published 627 days ago

Quindell (QPP) later. For now, in today's podcast I look at Goals Soccer Centres (GOAL), Red24 (REDT), JQW (FRAUD), Kenmare (KMR), Sareum (SAR), Falanx (FLX), LGO Energy (CRAPCO) and Lenigas Cuba (JOKECO)

Zak Mir's Bulletin Board Heroes: Argos Resources, Castle Street Investments, Coms, LGO Energy, New World Oil & Gas, Stratex International

Published 627 days ago

Featuring shares in Argos Resources (ARG), Castle Street Investments (CSI), Coms (COMS), LGO Energy (LGO), New World Oil & Gas (NEW), Stratex International (STI), together with some share price targets

Lenigas Cuba shareholder action group formed – hand back our money they say

Published 628 days ago

Oh dear, as if life were not bad enough for Big Dave Lenigas after LGO Energy’s appearance on the front page of the Sunday Sun today, now comes news that shareholders in ISDX train wreck IPO Lenigas Cuba (CUBA) want their dosh back.

England Rugby team take caning on LGO Energy (joy and double joy)

Published 628 days ago

As a supporter of Ireland, nothing gives me greater pleasure than seeing the England Rugby team get a thrashing on the field of play. Or so I thought until I read today’s lead story in that fine publication, The Sun on Sunday, “England stars in shares rip off”. Oh what joy.

Tom Winnifrith Bearcast 3 November - call the Financial Ombudsman Now

Published 633 days ago

This podcast ends with me thanking many readers for making me laugh. Before that I look at Lenigas Cuba (CUBA) and suggest that all 2p investors contact the Financial Ombudsman now. Then I discuss the - unfashionable - idea of taking responsibility for our own actions. Then I cover the fraud Globo (GBO) before looking at LGO Energy (LGO) and Inspirit (INSP) where placings loom very soon indeed. Then I cover World Careers Network (WOR), Standard Chartered (STAN), PeerTV (PTV) and Getech (GTC).

Big David Lenigas rushes from Cuba crash to Trinidad train wreck - shock photo emerges

Published 633 days ago

Thanks to reader BobbyChariot who has captured proof that David Lenigas is rushing from Cuba following the disastrous Lenigas Cuba (CUBA) IPO to Trinidad to check out the LGO Energy (LGO) train wreck. Its not a good day for either company but Big Dave is on the case , working hard for shareholders. Feel free to supply a suitable caption in the comments section below

LGO Energy: Corporate & Operational Update = “We are fucked and we know it”

Published 633 days ago

David “I love the smell of newly issued confetti in the morning” Lenigas may no longer sit on the board of LGO Energy (LGO) having ducked out ahead of the shit hitting the fan, but the curse of Big Dave cannot be escaped. Today’s statement from LGO is a disaster and this is now officially another Lenigas car crash.

Tom Winnifrith Bearcast 2 November - no sympathy for the greedy

Published 634 days ago

Should one feel sorry for shareholders in Lenigas Cuba(CUBA). Explicitly No! I explain why. Where does this shambles leave David Lenigas? In a bad spot I suggest for Afriag (AFRI), Inspirit (INSP) and LGO Energy (LGO) all of which need to raise cash. I also cover Cambian (CMBN), Caza (CAZA), Stellar Diamonds (STEL), Gfinity (GFIN), Atalaya (ATYM)- formerly EMED - and Fitbug (FITB) 

Lenigas Cuba: The Fat Aussie share Ramper Big Dave Doth Protest too much

Published 637 days ago

The Lenigas Cuba IPO is going to be a car crash on Monday. We know that a number of the 2p flippers want out on day one and it will be beer and popcorn time as they struggle to sell on the illiquid ISDX tertiary market. But fat Aussie Share Ramper David "I just love the smell of newly issued confetti in the morning" Lenigas is going down fighting and has upped the twitter abuse after I flagged up this looming disaster HERE. Big Dave tweets:

Tom Winnifrith Bearcast 28 October - CEOs who suck up to me win no favours

Published 639 days ago

It is one month to Gold & Bears and we now have a A1 bear speaking line-up. I hope that all bearcast listeners will be coming along - details on how to get a free ticket are HERE. I then discuss the new Bond. Political correctness gone mad. Then it is onto Meggitt (MGGT), Chemring (CHG), Plutus Powergen (PPG) - a total ffing disgrace - Petra Diamonds (PDL), DJ International (DJI) - my heroes of the day - CEB Resources (CEB), UK Oil & Gas (UKOG), Auhua (ACE) and the other China Norfolks, PeerTV (PTV) , LGO Energy (LGO) and I have a warning for the board at Minera (MIRL), I have a "treat" for you guys later. Smiley face.

Tom Winnifrith Bearcast 27 October: Is InternetQ another Globo? Chemring, Dialight & More

Published 640 days ago

A busy day with my daughter beckons. In the evening it is the new James Bond film. But first a lunchtime bootcamp with Uncle Chris (Booker) to put her straight on the Evil Empire, the EU. In the podcast I ask if InternetQ (INTQ) is the new Globo (GBO)? Then I look at Chemring (CHG), Dialight (DIA) - another win for the bears - Afren (AFR) gets a mention as does LGO Energy (LGO), BP (BP.), Union Jack Oil & Gas (UJO) and - just to niggle Wildes - Premaitha (NIPT) whose shares are moving ahead nicely - more to go there!

Zak Mir's Bulletin Board Heroes: Alba Mineral Resources,Boxhill Technologies, LGO Energy, Mosman Oil & Gas, Vast Resources

Published 642 days ago

Featuring shares in Alba Mineral Resources (ALBA), Boxhill Technologies (BOX), LGO Energy (LGO), Mosman Oil & Gas (MSMN) and Vast Resources (VAST) with share price targets for all five stocks.

Ramper David Lenigas in bed with Dan Levi & market abuser Chris Oil - smear shocker

Published 644 days ago

Yes this story is about smears. Fat Aussie share ramper David “I just love the smell of confetti in the morning” Lenigas has been caught in bed with market abuser Chris Oil and Dan Levi. Let me explain.

My top ten shorts for Christmas – Tom Winnifrith

Published 646 days ago

Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.

Tom Winnifrith Bearcast 20 October - Fireworks at Globo Ahoy!

Published 647 days ago

Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"

Zak Mir's Great Request Show Extra: David Lenigas Special

Published 648 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in LGO Energy, Rare Earth Minerals, UK Oil & Gas and Afriag and set share price targets for all four stocks associated with marmite Big Dave Lenigas.

LGO Energy – How fucked is it and how transparent has it been about its black lined hole?

Published 648 days ago

Naturally anyone associated with David Lenigas must be a respected industry figure whose integrity is beyond doubt. You can trust every word said by men such as Steve “I said that there were 100 billion barrels on camera but deny that I said it” Sanderson of UK Oil & Gas (UKOG). And so it is a given that LGO Energy (LGO) has been upfront about its Goudron 678 well issues is it not?

Tom Winnifrith Bearcast 19 October - the Great Unravel for LGO and Tribal Group

Published 648 days ago

Today's podcast finds me in a panic as Oakley and I need to do frantic tidying before the Mrs returns to cover our respective sins. Meanwhile Tara the cat is also misbehaving. On the agenda - the great unravels at LGO Energy (LGO) but more especially Tribal Group (TRB) - the latter getting a thorough analysis. Then it is onto JQW (JQW), Alba Minerals (ALba) and the Horse Hill/Horse Shite prospect and Michelmersh Brick (MBH) which leaves me confused, perhaps Chris Bailey of Financial Orbit is geekish enough to assist?

Reader Poll – which is the next David Lenigas ramp to issue new shares?

Published 648 days ago

We will ignore the preposterous Lenigas Cuba as we already know that it is trying to rope in suckers to pay 5p – a mere 25,000 % premium to what Big Dave paid for his own shares just three months ago. But which of the other companies associated with the fat Aussie share ramper will be next to place?

Tom Winnifrith Bearcast special - the David Lenigas brand badly tarnished could LGO be a zero?

Published 648 days ago

You cannot say I did not warn you about LGO Energy (LGO). After today's news I ask if it could go to zero? The answer is yes and the shares are a stonking sell still. But the wider David Lenigas brand is also badly tarnished. I will have another dynamite revelation on Lenigas Cuba (CUBA) shortly, Afriag (AFRI) needs a placing big time and the Horse Hill hype is being shown to be just that so UK Oil & Gas (UKOG) has real issues. It is not a happy Monday for Big Dave.

Neil Ritson of LGO Energy gives 5 reasons to dump the shares – here’s a sixth

Published 652 days ago

Another day and it’s another conference presentation by Neil Ritson, the hapless CEO, of cash burning & drowning in debt LGO Energy (LGO). And for once I commend him for his honesty in listing five reasons to sell shares in LGO.

Afriag – C’mon Big David Lenigas: when’s the placing?

Published 658 days ago

No doubt Big Dave will tweet that he does not read my material but that I am 100% wrong. Just like he did when I said LGO Energy (LGO) was going to do a placing. Then it did one. So shall we double up Big Dave? When is Afriag (AFRI) going to do a placing? Methinks VERY SOON.

Zak Mir's Great Request Show: Centralnic, Lansdowne Oil & Gas, LGO Energy

Published 661 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Centralnic (CNIC), Lansdowne Oil & Gas (LOGP), LGO Energy (LGO) setting share price targets for all three stocks

Tom Winnifrith Bearcast 5 October - Suspension is never good & a cheap joke

Published 662 days ago

A visit to the quack today was not good news but at least the woes of English rugby and LGO Energy (LGO) are there to cheer me up. in this podcast I discuss Alexander Mining (AXM), Cloudbuy (CBUY), the hoods at Equities First Holdings LLC (EFH), Daniel Stewart (DAN), Imaginatik (IMTK), Wandisco (WAND), Mirada (MIRA), Range Resources (RRL), tech stocks vs mining stocks, Amanda Van Dyke and, to end, I can't resist a cheap joke about the rugby.

LGO Energy Placing – Big Dave and others I warned you: now apologise ( PS shares still a sell)

Published 662 days ago

Investing does not have to be hard. If you see a company with a weak balance sheet and burning cash you should expect a placing. And so I warned numerous times in recent weeks (notably HERE) that a placing was imminent at LGO Energy (LGO). The head in sand denial was predictable, I await the apologies. Big David Lenigas should be first in line.

Tom Winnifrith Bearcast 2 October - plagued by Zak Mir, a fuckwit PR Girl & Paragon owning twitter morons

Published 665 days ago

I had sme great news just now but cannot share it with you. On the other hand my day has been cursed. PR girl fuckwits calling during bearcast, Paragon Diamonds (PRG) owning morons on twitter and above all - since flip flop is on holiday - I have to sub Zak Mir's copy. Please God what have I done to deserve this? I comment on Paragon, Churchill Mining (CHL), Forte Energy (FTE), LGO Energy (LGO), Golden Saint Resources (GSR), Horizonte Minerals (HZM) and the loons who love CEB Resources (CEB) and why they are loons. I am now off to work on a cracking new mining share tip for Monday on the Nifty Fifty.

Tom Winnifrith Bearcast 1 October - after the fraud conference

Published 666 days ago

A few reflections on the AFCE Fraud conference today at which I spoke and on the Boohoo (BOO) supper with Paul Scott last night. Then onto Daniel Stewart, Caza (CAZA), LGO Energy (LGO), Wandisco (WAND) and Magnolia Petroleum (MAGP). Then the fire alarm went.

Zak Mir's Bulletin Board Heroes - Aeorema Communications, Bushveld Minerals, EMED Mining, LGO Energy, Reach4Entertainment, Sefton Resources

Published 669 days ago

Featuring shares of Aeorema Communications (AEO), Bushveld Minerals (BMN), EMED Mining (EMED), LGO Energy (LGO), Reach4Entertainment (R4E), Sefton Resources (SER), together with some share price targets.

Tom Winnifrith Bearcast 24 September - in a good mood which makes me nastier than ever

Published 673 days ago

In a wide ranging podcast I once again praise the great share blogger Paul Scott, if only to annoy those Bulletin Board Morons who wish to see us be nasty to each other. That will not happen. Elsewhere I comment on LGO Energy (LGO), UK Oil & Gas (UKOG), Armadale Capital (ACP), RM2 International (RM2), London Capital (LCG), JQW (JQW), IMC Exploration and that scumbag Liam McGrattan of US Oil & Gas (USOP) infamy and what that says about Standard Listings, and also on Tungsten (TUNG).

LGO Energy: When’s the placing? Look on Page 23

Published 674 days ago

In the wake of the recent dismal interim numbers LGO Energy (LGO) head honcho Neil Ritson yesterday gave a presentation at an investor conference and he rather gave the game away. When’s the placing Neil, my son?

Tom Winnifrith BearCast 21 September - What a great Norfolk spotting day

Published 676 days ago

So much to discuss today on the podcast. On this wet day in Bristol my life is brightened by a stream of disastrous RNS announcements. In no particular order I discuss Geong (GNG), Vmoto (VMT), Jiasen (JSI), JQW (JQW), RSA (RSA), Boohoo (BOO) - why the UK's top share blogger Paul Scott is wrong - LGO Energy (LGO), oil prices, Antrim Energy (AEY), Belgravium (BVM), Arian Silver (AGQ), Audioboom (BOOM), Proxama Resources (PROX) and in a bit of detail Seeing Machines (SEE). 

Kiss Me Goodbye, Hardy and Let Me Go, LGO.

Published 676 days ago

Hello Share People. I’ve really gone off small oil companies. Two in particular have lost me rather a lot of money. I refer to LGO Energy (LGO) and Hardy Oil (HDY). 

Tom Winnifrith BearCast 20 September - sticking it to Big Dave Lenigas

Published 677 days ago

In today's podcast I cover Big Dave Lenigas, LGO Energy (LGO), Sefton Resources (SER) and Pinsent Masons and Boohoo (BOO), ASOS (ASC) and the unsustainability of super normal margins at a general level

New Short for autumn – Boohoo at 33p, valuation a rum n’coke: first warning shot fired

Published 677 days ago

Sadly for us bears most of the slam dunk mid-cap AIM shorts have already gone our way. We have had great sport with Monitise, Tungsten, Quindell, Range Resources, LGO Energy, Cupid, Globo (still more to come there), Gulf Keystone, etc. We won. The Bulletin Board Morons lost. Only Avanti Communications is still left to topple. It will.  But now I think we have a new quarry to stalk: Boohoo.com (BOO) looks a slam dunk short at 33p.

Tom Winnifrith Bearcast 19 September - Wildes is not a Bulletin Board Moron (but is wrong about LGO)

Published 678 days ago

I start this podcast with a mention of my personal weekly podcats this week - The Orwellian BBC is not fit for purpose - you can catch it here. Then onto Wildes, LGO Energy (LGO), Sefton (SER) and the consequences of wage inflation and the abandonment of sound money.

Zak Mir's Great Request Show: LGO Energy, Sacoil, West African Minerals.

Published 678 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in LGO Energy (LGO), Sacoil (SAC) and West African Minerals (WAFM) and set share price targets for all three.

LGO Energy: Gary Newman vindicated, this one is in trouble

Published 679 days ago

A month ago, Gary Newman wrote that LGO Energy (LGO) “looks overvalued and in trouble”. His analysis drew quite a lot of criticism, but this morning it looks like his view has been vindicated, as the company announced an unimpressive set of interim figures. For good measure, hidden away in these, is a significant downgrade of the company’s production outlook.

Tom Winnifrith Bearcast 18 September - carry on Up The Sefton Resources

Published 679 days ago

In today's podcast I celebate Fiji - come on guys, the Celtic World expects. Then onto how Goldman Sachs got the FOMC to carry on blowing bubbles and the to the farce carry on up the Sefton (SER) - Raylene Whitford has quit. Then to New World Oil & Gas (NEW), Ferrexpro (FXPO), Arian Silver (AGQ), Monitise (MONI), Metals Exploration (MTL) and LGO Energy (LGO - The Sheriff of AIM vindicated once again

Zak Mir's Bulletin Board Heroes - Ferrex, Jiasen, Imaginatik, LGO Energy, Tern

Published 704 days ago

Featuring shares in Ferrex (FRX), Jiasen (JSI), Imaginatik (IMTK), LGO Energy (LGO), Tern (TERN), together with some share price targets.

LGO Energy looks overvalued and in trouble

Published 707 days ago

The share price of LGO Energy (LGO) has plummeted recently, but I still think it looks over-valued and wouldn’t be buying. At the start of the year I gave a sell recommendation on the company when the share price was around 3.5p, giving a market cap of circa £100 million, and since then it has fallen to its current level of 1.55p on the ask.

Zak Mir's Bulletin Board Heroes - Featuring Jubilee Platinum, LGO Energy, Nighthawk Energy, Quindell, Serica Energy

Published 711 days ago

Featuring shares Jubilee Platinum (JLP), LGO Energy (LGO), Nighthawk Energy (HAWK), Quindell (QPP) and Serica Energy (SQZ) with share price targets for all.

LGO Energy – when will it place shares again? 51% expect it to be before Halloween!

Published 723 days ago

Yesterday we asked you (HERE) when you expected LGO Energy (LGO) to issue its next batch of confetti given that its boss Neil Ritson had ruled out an August dump on mug punters. You seem to think it is not long.

LGO Energy: Reader Poll when’s the placing

Published 724 days ago

LGO Energy (LGO) boss Neil Ritson has apparently emailed at least one shareholder pointing out that August is a dead month for placings so why would the serial confetti issuer be in a rush to issue more confetti. Well, perhaps because it is in debt and burning cash? So when do you think LGO Energy will next be issuing shares?

Zak Mir's Bulletin Board Heroes - Cap-XX, Forte Energy, Gulf Keystone, Globo, Imaginatik, LGO Energy

Published 729 days ago

Featuring Cap-XX (CPX), Forte Energy (FTE), Gulf Keystone (GKP), Globo (GBO), Imaginatik (IMTK), LGO Energy (LGO)

Tom Winnifrith Bearcast 29 July - LGO Energy, letting rip again

Published 730 days ago

A few comments on "that article" and why I nearly quit this website today. But lets talk companies and markets. Specifically today's statement from LGO Energy (LGO) which I contrasts with that of January 6 2015 and ask questions of the company and of David Lenigas. Asa long time bear,I regard LGO as a slam dunk sell and am not tempted by Lenigas Cuba either. Then onto China and AIM, following a call from an AIM Chairman yesterday urging me to stop beng so nasty about the Casino in case it gets closed down. Yes...bring it on!

Zak Mir's Bulletin Board Heroes - Gulf Keystone, LGO Energy, Metminco, Northcote Energy, Sirius Petroleum, Vast Resources

Published 732 days ago

Featuring Gulf Keystone (GKP), LGO Energy (LGO), Metminco (MNC), Northcote Energy (NCT), Sirius Petroleum (SRSP),  Vast Resources (VAST)

Zak Mir's Bulletin Board Heroes: Formation Group, Frontera Resources, LGO Energy, SolGold, Spark Ventures, UK Oil & Gas

Published 738 days ago

Featuring Formation Group (FRM), Frontera Resources (FRR), LGO Energy (LGO), SolGold (SOLG), Spark Ventures (SPK), UK Oil & Gas (UKOG)

Tom Winnifrith Bearcast 19 July - 10 top shares to short for summer

Published 740 days ago

Okay, the sabbatical really does start this week so maybe not that many bearcasts from now. But for today I explain why the market will be harder for non profit stocks and on that basis I start with a reference to my 21 stock death list of last month (Afren looks to be the first to fall) HERE but also refer to the excellent must read piece by Lucian Miers yesterday HERE. And then I launch into my 10 top shorts for summer. Companies mentioned are:

Tom Winnifrith BearCast - On an amazing high and its not coke - honest!

Published 743 days ago

I am on such a high. But there is no coke involved. Or hookers. Heck I'm not a crony capitalist just a capitalist and I've had a cracking day so far as I explain. Then to Greece and China and why China matters and why the Chinese Canute's won't win. And then onto LGO Energy.

Zak Mir's Great Request Show: Frontera Resources, ITE Group, LGO Energy

Published 744 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Frontera Resources (FRR), ITE Group (ITE), LGO Energy (LGO)

UK Oil & Gas; David Lenigas leaves, who is going to ramp the stock now?

Published 751 days ago

News just crossed the wires that stock-promoter extraordinaire David Lenigas is going to stand down as Executive Chairman of UK Oil & Gas (UKOG). The company’s shares fell sharply in an immediate reaction to this, only to recover quickly. Last seen, UK Oil & Gas was trading at 2.18p and the question on all shareholders’ minds must be who is going ramp the stock now?

Zak Mir's Bulletin Board Heroes - Featuring Ascent Resources, Boxhill Technologies, Concha, Highland Natural Resources, LGO Energy, Proteome Sciences

Published 764 days ago

Featuring Ascent Resources (AST), Boxhill Technologies (BOX), Concha (CHA), Highland Natural Resources (HNR), LGO Energy (LGO), Proteome Sciences (PRM)

My Pennies Are on the Rise. Especially Avacta the Mighty.

Published 770 days ago

As the big shares all decay, as I write, due to the Greek woes, the penny shares are, as usual, largely unaffected. And some of my large stable of cheapie are doing well enough to offset the disappointment in my Footsie collection.

Zak Mir's Bulletin Board Heroes - Featuring Agriterra, Arria NLG, LGO Energy, Richland Resources, Uranium Resources, Wild Horse Energy

Published 777 days ago

Featuring Agriterra, Arria NLG, LGO Energy, Richland Resources, Uranium Resources, Wild Horse Energy

Zak Mir's Bulletin Board Heroes - Featuring AFC Energy, Kenmare Resources, LGO Energy, Proxama, Stellar Resources, UK Oil & Gas

Published 785 days ago

Featuring AFC Energy, Kenmare Resources (KMR), LGO Energy (LGO), Proxama (PROX), Stellar Resources (STG), UK Oil & Gas (UKOG)

Notes from underground - Quindell's chocolate rations have been raised from £6 to £1.30

Published 789 days ago

Now here in the underground, we merely stoke the ShareProphets boiler - sourcing frigana poisons for Tom, inventing new Technical Analysis terms for Zak, flipping coins for Ben's opinion of the day, and oilling up Malcolm for his next Mr Cornwall bodybuilder defense - we serve the machine, but don't provide comment on the markets.

Zak Mir's Bulletin Board Heros: Amur Minerals, Daniel Stewart, Jubilee Platinum, LGO Energy, Starcom, and Tern

Published 793 days ago

Featuring Amur Minerals (AMC), Daniel Stewart (DAN), Jubilee Platinum (JLP), LGO Energy (LGO), Starcom (STAR), Tern (TERN)

LGO Energy: This is a real deal oil company, just do the maths

Published 794 days ago

LGO Energy (LGO) the Trinidad focused oil production company announced last week another positive update on their 2015 drill campaign at the producing Goudron oilfield, Trinidad. So what do the maths really look like?

Zak Mir's Bulletin Board Heroes - Aminex, LGO Energy, Mercom Oil Sands, Premier African Minerals, San Leon Energy, and Sula Iron and Gold

Published 800 days ago

Featuring Aminex (AEX), LGO Energy (LGO), Mercom Oil Sands (MMO), Premier African Minerals (PREM), San Leon Energy (SLE), and Sula Iron & Gold (SULA).

Tom Winnifrith Bearcast - (over) Confidence in a bull market

Published 839 days ago

In this podcast I start with the debate between Wilderides and miserable froggie Thierry on Shell & BG Group but move to the wider issue of overconfidence ater a seven year bull market. Companies covered include Tungsten, Coms, 4D Pharma,, LGO Energy, Cyan, Plethora and Vipera

Tom Winnifrith Bearcast 18th March

Published 863 days ago

A belated happy St Patrick's day and in this podcast I look at Synety - what a horrible POS - Wandisco, Hunter Resources, Imagination Technologies, Gate Ventures and LGO Energy

Trinity Offers Good Upside & Newsflow

Published 869 days ago

Trinity Exploration and Production (TRIN) has looked undervalued for a long time, but that could soon be about to change. The AIM-listed, Trinidad-based oil and gas company had previously looked cheap compared to its peers even when oil was at much higher prices, and since crude tumbled late last year it has been hit harder than others in the region. 

Tom Winnifrith Bearcast - LGO Energy, time to let rip

Published 885 days ago

Yet again LGO Energy (LGO) is issuing shares like confetti. Yet again it is announced at no-one is watching O'Clock and enough is enough, I let rip at this company and only half jokingly call for Big Dave Lenigas to resume control.

Tom Winnifrith Bearcast 15 January

Published 925 days ago

Again I am a little late with today's podcast. Back to normal in Bristol on Friday but I have an excuse. On the agenda today, Touchstone Gold and crony capitalist Steve Berry, equity valuations, Alecto, Northern Petroleum, oil prices, IGAS ( happy anniversary to Andrew "Piggy Austin" ahead of tomorrow), Optimal Payments, LGO Energy, Enteq Upstream and Paul Scott.

Lucian Miers: 3 oil shorts

Published 926 days ago

Infamous bear raider Lucian Miers is of the view that the oil price is not going to spike higher in a hurry and that this is going to cause real pain across the sector. He has made money shorting Afren (AFR) where the debt looks company consuming at current oil prices but perhaps the bid will save it so Miers has closed that position. However...

LGO Energy looks way overvalued at 3.425p

Published 930 days ago

Every time I look at LGO Energy (LGO) I wonder if I am missing something in terms of its value – currently £94 million. To me it currently looks incredibly expensive when compared to other oil producers, some of whom are at a far more advanced stage and with an awful lot more in the way of both production and reserves.

Tom Winnifrith's Bearcast - 6 January

Published 934 days ago

Why am I in a good mood? The promise of dinner with Ms Argyle next week perhaps? I do not know but it all flowed out today in this podcast. So on the agenda: BP, Tern (target price 2p because I am a generous nice guy - but don't let on as I have a reputation to protect), Asia Resource, Nanoco, LGO Energy and oil stocks again.

How to play the Oil Price Slide on AIM

Published 954 days ago

The Oil price slide throws up some interesting opportunities on the AIM market. I have shorted a basket of five stocks on the basis that if it continues to fall or stays at these levels they will get into serious financial difficulty very rapidly.  If it rallies the upside is hopefully limited by management practices that are unlikely to reward shareholders. 

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