has managed to fool some into thinking we are doing 4.2 scuffs a day, well that is because he has moved the goal posts to an average 5 day working week and not seven as before, on the seven day working week we are doing 3.9 scuffs. now if he starts to work on a two day working week, we will be doing just over his 12 scuffs a day. lol
I can’t see anything “confusing” in my post. Vog have lost 40% of their Logbaba profits since the Macquarie valuation and the number of shares in issue have nearly doubled. Macquarie valuations were mainly based on Vog’s discovered assets and their expected monetisation. through to expiry of their Logbaba assets. With $26 million to find next year for drilling and profits barely breaking even any suggestion that vog can somehow “reduce overequitisation” is viewed from a long range crystal ball. As for the “many forms of debt” and “gearing up” I cannot see it happening until a signed contract arrives from Actis for an appropriate amount of scuffs. ATB
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