They said they were not taking gas in the last rns but they are now. So this is essentially a newly connected customer. I think the rise here had everyone expecting big news. But everyone is forgetting that the value even without news is where is should be about now.
Very disappointing RNS. Problems 1. Wouri river crossong hasn't even started pretty unbelievable really 2. Thermal customers?? where are they seriously where are the THERMAL customers 3. CNG mentioned again in a single paragraph as they cant sell thermal and gensets are expensive so lets look at another jam tomorrow story. If that is a detailed operations update I would love to see a standard one.
I think the MM's are going to hammer this lacklustre RNS today. Awful again from KF. Lets say what it is......just awful. So where in that RNS was the reason for this update not being issued in June as per company guidance.
And already Buzz and Co are saying "more to come". Well this is it iam afraid, this is the comprehensive Ops Update we have all been waiting for.
Very poor form not to mention Processing Plant!?!? The last RNS said it would be purchased "Before the end of June"? So where is it? What has happened?
Is ANYONE CLEAR on the Genset situation? Sounds like Energyst contract has been terminated and the new supplier is ambiguous and un-named? What on earth is going on with the Genset programme? How many LOI are still to be completed? How many Genset customers have signed up?
Is ANYONE CLEAR on whether or not VOG are cash positive? Apart from a brief stutter splurt on a telephone interview is anyone 100% clear that we are cash positive? Iam not!?
Wouri crossing happening in July so wont be done until late August/September!! How long has that Auger been sitting there?? And only when its due to do something parts are needed? Good Grief.
Hammered, say goodbye to the recent gains, this is getting quite rightly hammered.
KF - You are incompetent and back up to your old tricks.
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