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Leni Gas & Oil New Debt facility: Broker Old Park Lane shares to soar from 1.06p to 3.1p

By Staff Writer | Thursday 2 May 2013

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Leni Gas & Oil (LGO) has today announced a deal with Meridian SEZC through which Meridian will provide Leni with a debt facility of up to US$50m.

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