Another day at the Casino folks. I'll be expecting a drop next week until the next piece of news but I could be pleasantly surprised. At least we beat the overall market today. The FTSE 100 incidentally, has been trending downwards since May and we've done fairly ok considering. Off to my chalet now to brush up and head to the Pre- Christmas drinks party at the Copacabana Ballroom with Saucy Nancy and Dolly Clothespeg, Aunt Sally. I bid you all a fine weekend.
Ok ok I give in. I was walking past Quick Fit only last week and I paid cash for one of their ramps. I went straight home mind, but I polished off a bottle of Absinthe... and started typing. It was cheesy and it was desperate and I should have known better at my age.
KF openly states that he's a Mining Professional more than a CEO and his roots are firmly committed to producing a high quality Gas Delivery Service to Local Business and he has the ambition to become a Gas Provider to the National Grid in Cameroon.
I feel that we all need to change our Mindset about how we look at VOG.
Imagine that VOG is sitting on an ocean of money (GAS) they looked for it, found it, they drilled and extracted it up to the surface. Then they constructed a power delivery plant and began building the infrastructure to deliver the gas to a power hungry industry down the road and under the river! Now we can see that they have proven that they can connect up to Gas Hungry customers under the river and the orders are already in place to take delivery asp!
This board has been obsessed with talking about the number of scufs we’ll reach as we connect up more and more Companies. Rightly so as Scufs equals “income” and lots of it!!!
Earlier this year KF started talking about “BIG POWER”. What does he mean by this is? VOG is currently Supplying for eg ,1.5MW Gensets on a small scale this is “Small Power", these gas fired generators will provide the power to service the growing demand from the Industrial city of Douala. GDC is the sole gas supplier in the area, providing a cheaper, more efficient, reliable, and cleaner energy alternative to Heavy Fuel Oil currently used in the area.
The alternative is to offer the gas to Actis Sonel for much larger “on-demand” Gas Fired power stations. This will be the "Big Power" or what we call in the Uk The National Grid. Grid Power - working with Government and large utility companies to supply gas to power stations rated from 20MW to 200MW
This is a massive opportunity for VOG that would transform their business and take the company to a completely different level. The Government also strongly supports this strategy, why wouldn't they be right behind it as Cameroon is desperate to provide cleaner and reliable power across the country.
ACTIS can deliver this in partnership with VOG. That’s why this phase of VOG’s development is so exciting for us the investors!!!
Talks are well under way and due diligence is taking place as we speak!
45MW of power will be the start, and that this is more likely to rapidly grow to +200MW as the Infrastructural Construction Works starts to kick in in and around Duala...!! There is a shortage of power in Cameroon and this problem will grow exponentially as Construction Works begins to take place. Construction Works needs power, a lot or power....!!
The opportunity for investors who buy in Now I feel is compelling and that's why I invested in VOG. Looking forward KF will surround himself with focused professionals who shall be delegated to develop and deliver the next phase of BIG POWER to this region and beyond.
Thoughts of the boggyone. I do not think you got my point, mind you! I don't think I got yours (shares don't go up in a strait line ect) Ho dear Ho dear. Don't think I will bother with you again HeHe!!. :-)).
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