If FRR are successful at ramping up gas production at MK and all goes well with the plans at Taribani, then in the long term, the current cost of finance will pale into insignificance, as will the current share price.
VW, nice to hear yer cat is taking a breather! The dog in question is busy barking at his DL stocks. I suspect he'll be back, H2 15 wasn't it!
"Get past 1p no mind 15.95p lol" You've got it. We can't get our finance costs to fall as long as long as we don't have Varang starting work and as long as gas sales are small, and as long as our finance costs don't fall we don't make a profit selling gas. If you keep selling gas at a loss for a long period, it is clear you don't have a viable business and that is probably what happened to Canargo. It is complicated that a lot of the finance cost is not charged in each accounting period, but insted comes in one wallop at the end, but maybe those posters will find out about that another day. Can't help them.
free for a month on ADVFN. mmmm, going to take a month to get used to it i think. The one thing i did notice was Nobull gets it light here compared top the abuse he gets over there. Some of what he says is interesting , some of it is quite relevant and of interest. Some of it seems deliberately negative. We do however need all sorts on here with differing opinions. Its a great BB this and even though we might not agree with someones opinion or agenda at leafs it doesnt deteriorate into petty name calling and abuse.
VW - how are you fella and great to see Nsdols on the BB
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