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LGO Energy in Charts

Tom Winnifrith
Saturday 28 January 2017

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.

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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