An independent oil and gas exploration and production company. Their main projects are based with in Africa and the FSU. Their biggest producing asset (as of the beginning of 2012) is Logababa which is in Cameroon.
Accurate quotation from the RNS for those having problems interpreting it:- "The Board of Directors of VOG today announces that Austen Titford has resigned as Executive Director of the Company effective 16 July 2014 for personal reasons. Austen will continue to work with the Company to ensure a smooth handover. Commenting on the announcement, Kevin Foo, Chairman of the Company, said: "As an employee since 2008 and as a Director, Austen has helped mould VOG's success. We wish him the very best in his future endeavours"." So what is the problem with that? Why are certain posters trying to imply other reasons for the resignation? What is the problem with the wording? Obviously certain posters on this board have their own agendas! Don't listen to them. Read and rely on the FACTS!
RE: voger re- titford
islandhopper you are right we don't know. but lets face it, i could do the books so i expect an accountant to have no problem. apart from that, you only have to look at all the dilution over the last 4 years to see how much has been spent on logbaba. just a question of how much grimm will owe, $10-20mill.
What Ebola outbreak will this effect the sp I hope the workers laying the pipe don't get it or else we will never cross the river. as if things arnt bad enough that's all we need. What with Boko Harem as well plundering south and Austen Powers leaving. I think I will apply for his job I need a change.
2.B.Frank "we could experience the groundhog year" How could VOG possibly experience a groundhog year when they are crossing the river at the moment and signing up new customers? Pipe line is expanding rapidly. The big power company must be looking good as a new prospect too after the recent 23 hour outage they suffered. Businesses in the area must be screaming for the gensets. Also, why wait until the price hits 1.35? That would cost you money. GLA
I had not bothered to read that before, but it is so terse. No praise (as is normal even in the worse of circumstances) just that he helped mold . I wonder if they have extracted the bullet yet ! Knowing that stocks and shares can get very jittery for the most indirect of reasons, I wonder if this Ebola outbreak will have any affect on the sp
Think I will watch the way this moves here over the next few days.Buy some more if it goes to 1.35 tomorrow or sell if it drops again as we could experience the groundhog year we had last year hover in the 1.20s then 1.10 for a while and back to the one pence club.What a name Austen Titford sounds like the bloke was named after a car from the 1950s good job he has gone.Not very stylish for the company.Imagine if it was film the reaction Death Wish starring Austin Titford what a flop.Be lucky.
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