41p...in 5 weeks....it will take 6 months to get back to 65p......only thing I can think Is the funding for the drilling next year....foo needs to confirm there will be no dilution..... Alot of people are worried about this....I still believe in vog....but its in a bad place at mo...come on new c.e.o...get some long term gas contract... Anything.......
Club Rampton who attacked anyone who didn't like their ramping I see they are nowhere to be seen with their charts and scuffs and percentages look what good it did. I cant see anyone wanting to invest in here anymore when all is what it does is loose their hard earned.
Have deserted us, I know Fidelity dumped. Grimm would not have spent a penny if he didn't believe the project was going to be profitable. In my eyes the problem lies with VOG not the asset in Cameroon . The head of VOG is FOO there lies the issue, we will never get our money back with him in charge.
When you say ii's don't trust VOG, did we not dilute by around 1 billion shares to ii's less than 2 years ago? I assume they are still with us and if not, then VOG should be asked some searching questions as to why some fly by night city boys were preferred to the long suffering PI's who have consistently stood by this company.
Absolutely unreal to see this price worse than how it started consolidation is the worst thing for a company and we are seeing the real side of consolidation. It never works. Look at Valirix that consolidation has put them in a bad place with the price lower than consolidation. I'm pretty much finish in this share as its robbed me of 11k same BHR did and that did a consolidation. As for £1 it's all but gone. I'm with scotty77 there's something else going on. And your post is very true. Giving away shares. At such lo prices. Has left people twice shy.
I don't think there is bad news Scotty. I honestly think there is a complete lack of trust with ii's and the market since the last massive dilution as they also got caught on the hop (once bitten twice shy) it' gonna take an awful lot of time to regain that trust.
Handing out free shares and paying for things via shares in the past is not the way to do this. I am convinced that there is a pot hidden under a floorboard in Foo's house with shares he has promised people. The consequences of these actions we are now paying for.
As I said in my previous post FOO needs to issue a statement that there is nothing lurking from the past that we as Pi's have to pay for in any form of share dilution.
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