it was a shame the bod incentive was not to give the bod options on shares at 50p if it does not go over this they get nothing but anything over 50p they start to make significant money. just giving them shares was a mistake
Just really confirms the results It's going to be a long road to recovery of a decent share price. But pleased Control costs and get a reasonable revenue stream must be the bod's priority- the share price will follow
It took a few years for VOG to get to 4 mscuffs and for the operational wing GDC to become cash positive. Admittedly that was before gas to power which was a game changer, but factor in the pipeline and other costs and unless the deep sands are significantly better, this is going to be a long slog on our own unless they just do a deal with VOG to use their pipeline.
At the end of the day what is a good / very good flow rate. with vog doing 8-15 scuffs what does 5-6 scuffs give us, is it enough to sign any sales agreement and is that the minimum they are expecting. Again both vog and blvn need good PR people to tell us and the city what's going on and really push the business. this rns is as if it's just snuck out of the bag by it's self.
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