Paul Atherley gave a comprehensive presentation on Friday to UK...

Paul Atherley gave a comprehensive presentation on Friday to UK Proactive investors.

the key is that the coming drilling is huge and in a normal oil and gas stock in the space (and lrl has not really registered in the space yet as it has not been taken up by the oil writers as yet) will have a run before results.

He even threw in an aside that the size is such that Lrl will be worth upto 2 pounds if comes in.he can be a salesman so will be good when he comes to Aust(prob at time of AGM) to give it a push here.

The vg thing is the drilling will take care of a lot of the overhang and that if it does not come in then they have spent $5m and the buyback will support stock.

The vg news is it is the same drill team and exploration team as the 8TCF discovery 20kms away along same geology.

The video can be seen here:

http://www.proactiveinvestors.co.uk/companies/stocktube/1406/leyshon-resources-awaits-critical-december-drill-results-1406.html