Longford Energy Inc V.LFD

Presentation

[dreamer05]

The presentation is supposed already started 15 minutes ago. ( now 10 a.am montreal )
Anybody has any news/ The market price of lfd goes up a bit, not as much as expected.However I do see a few  bids from single order of i/4 million shares. There seems to be not much of an action.

[farml1234]

hey where are our updates as bagholders ????JMHO

[good40]

It's only a corporate presentation... what are you expecting ?  The economics certainly aren't favorable with this,so I doubt he spends much time talking about the 40% royalty. With a 40% working interest,  they've only reallygot 20% to start with.

[Baxter4]

Goofy math again. The 40% royalty applies to the 40% W.I, it does not add to it. Doing the math properly and they end up with 24%. So before they added to their position they would have 18%, now it is 24% at no cost except development. The LFD management must be very confident the reserves are there as they doubled the development costs but the return only went up 33%. Of course have a well

[slider27]

Presentation out VST plus LFD togetherhttps://www.vastexploration.com/files/file/TD%20Conference%20-%20January%202011-2_pptx.pdf

[Nick777]

I'm surprise about the presentation. Not a lot of new things!! Did I miss something new??I want your opinion!!Thanks in advance

[coquitlam]

I agree that the presentation is not putting out any major new development, but imo view it's more important was what ceo said to potential new investors during presentation and we'll see soon in the market trades what he told them

[slider27]

 Must be confiedent of oil as planning early production facilities Nov 011Nice to see a clear timing of the activity 011 now have to rasie some cash to do the jobwould have been good to have an idea of what capex is involved !!

[dreamer05]

Honestly the presentation sucks! There is nothing presented. I did not see the 2-D seismic report, no comments from the president, or from anybody. The photos and diagrams are from the previous prresentation which we all knew. What is this?  I thinkthey just put out something so that it looks like they are presenting something.What a disappointment. But still the market seems to like it. Sp

[casa9988]

Yeah not much new stuff. End of the Month seismic and the april-may spud could be a catalyst to get this running.......