Yes I am sitting on my hands. REM is an investment company, not a drilling company. VOG is an E&P company requiring lots and lots of investmentdosh. I agree things are slowly coming right but cashflow is the master. REM does not have that problem, in fact I made a few quid out of them and perhaps wish now I had stayed with them after selling at just over 1p and its the investors that have a low risk investment in a high risk business (Bancora) via DL's company. Also Lenigas is a master at promoting his interests and inspires confidence which KF does not have. Anyway thats my take. GLA.
At 1.8p we are at the same price we were a year ago and half the price of two years before that. Whilst I am very grateful to now be in profit here there is still a long way to go for many holders here. Fortunately I can only see a stream of good news slowly seeping through and no horror stories hopefully.
wiltshireman i remember this time last year watching REM AT 0.035P They suddenly had a nice rise,i thought i will wait for the retrace, next day up again,thought not risking it now it will drop, well guess what, up and up it went. 1.44p today. so you are sitting on your hands like many more with the same opinion as you. i missed a 3500% rise by having the same opinion as yours re REM. Not going to get anywhere near that kind of result here though,
Very simple to answer that one , if VOG gets the Actis contract to supply the power stations , the targets will be smashed , in KF presentation he said he wants to supply the power stations , he also said if you dont think big you wont get big , Actis need VOG , and visa versa ,
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