Thanks Jim. Yes I envisaged somewhere around $8 a scuff for the Actis Sonel deal so anything more than that would be great. Agreed when the update comes there could be some very interesting figures in there.
Naks I hope you are right and we see an RNS tomorrow - would round off what has already been a good week for the share price with various people suggesting that it would dip to 1.4 or below.
Hammers I think the talk on how much a scuff will be has been about $8k to 10k per scuff , this is after going through the processing plant to the customer but world gas prices are running at about $5k per scuff so still very good for VOG .as for selling gas for powering a genset is $14k per scuff .so some serious money could be coming into VOG`s coffers very soon .the last report on scuffs was about 4 so now Guiness , Sabc , and a few other big users have now been running over the month it should be interesting what VOG is do now targets .
Don't be to impressed I am not that sad to go back and check but since I have been here for that last 4 years from memory the majority of meaningful either good or bad have been on this day. Forget second monitoring and the likes.
Jim I don't dispute that VOG is going to be, or is now, a changed company. What they have to do is to show that is the case. Evidence the deal with Actis Sonel and if not sensitive which I believe it will be, confirm the price per scuff; confirm they have crossed to Bonaberi and hooked up X customers; confirm the outcome of the audit; confirm progress in Russia etc. Once they have done all of that, and assuming that it is all positive, then the current share price is inadequate - by how much we wont know until we see figures and some of those (Actis) may be hidden from us and we can only get to them through the accounts. I am hopeful but realistic. 2.5p by year end makes me happy - slow steady rise.
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