L and L Energy (fka LLEN)

[GorillaGorilla]

Yes, I'm not worrying at all about LLEN... The 96 cents was based on a budget made at the start of the fiscal year and was not updated when various additive purchases were made. Along with a dilution.

There has been so many additions I don't have a clue but I think it's safe to say they'll get their numbers but also likely that they don't update their 2010 guidance.

Their 3rd quarter ended Jan on my spreadsheet... Is the limit 1 1/2 months for quarterly results then?

Anything about 25 cents will justify the share price at P/E 10 - low given it would be growing. However, I think it has to be North of 30 cents not to disappoint shareholders. 32 cents would put them on $1.28 run rate - which is what their aim looks like for Q4 during the most recent presentation...above that is gravey and I have to say... no idea..

hmm... perhaps I should play with figures....

rich