Look a little deeper my friend...to me in ground value of Permit share of recoverable oil suggests LGO share price should be multiple times existing!!!..this stock is only lacking good quality "motivated"management to realise value...Boris has not produced the goods!!!!!..it seems that LGO is certainly a long standing ASX stock but without positive outcomes for shareholder value..and management appears to be continually regarding the stock as one of a "portfolio" of stocks within the Boris "stable'
without any sense of urgency in creating shareholder value
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