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.
Morning voger The schematic map of the pipeline on the VOG website shows 10 next phase thermal connections which include the 3 across the Wouri River and Dangote that we know about . There are also 6 other connections shown planned around Douala if my memory is correct. I believe that there was activity on constructing spur lines to two customers at the least within the Douala area as far back as the end of July . So hope we might get a few nice surprises when the RNS starts to trickle through. Any positive news on whatever front will be welcomed . Details of a signed contract and a start in laying the pipe line to the 2 power stations is probably the one piece of news that is likely to be the catalyst for a sustained hike in SP though . Hope it comes via the next RNS . If it does then I am sure a few of us will breathe a large sigh of relief. ATB.
Now that $75 a month was gross not including taxes. . . . . . . . . .and thinking about solar power . . . . .lol
My concern is that is VOG start using giant magnifying glasses to produce unlimited heat and power in that lovely Cameroon sun, that someone will reverse engineer as smaller magnifying glasses, say stolen from a local library. I say tithe tax glass, black paint and large containers and water similar to the Vicar's tithe.
Hatman 40p? thats 1p in old money. well to get to 1.7-1.8p would take a lot more news than 0.9 - 1.2 scuffs that we are told to expect from the hook ups the other side of the river. grimms money? we could be waiting a long time for that. dangote looks to have been moved back again, but we are told thats only 0.5 scuffs, so no real rise expected there. then we have big power, well we might get news in Q1. then Q2 OR Q3 before hook up. we have not been given any other hook up that are planed near tearm. so i expect the sp to finish the year around 58p or 1.45p in todays money. very boring run up to new year, is what i am expecting. getting not much better for the next 6 months.
Re morning campers
two 400k trades were by me to roll over a T20. sold @ 1.35p, bought @ 1.349p thanks to narrow spreads today!
RE: Morning Campers
potty yes there are a few sells going through that add up to a few mill every day.nothing to catch the eye of most people. someone posted about asking about KEM. KEM hasn't been mentioned for a long time now. its gone, dead and buried. only 2 more days sitting around this level. then where up down, more side ways action? where is all this news?
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