Further to my last, this AME company has another branch in Nigeria, GEIL, where it is doing the same thing, as well as supplying gas to industry in the form of CLNG and bottled gas to the domestic market. That could be huge in Cameroon.
I read with great interest that there is going to be a new power station built in Littoral, which is the County in which Douala is capital city. This is going to be a big one, some 300 MW. This will need a vast amount of gas. There are only 2 possible suppliers for this new power station. VOG and BLVN. VOG are constrained in that they are near full capacity for their gas plant and pipeline already. That leaves us. Who would commit to build a large power station which will be online within 6 months without a confirmed supply of gas? Green Energy Norway grenor sa have signed the contract and are shipping the gensets as I type. This is an investment of about $180 million so a very big project.
you call my statement stupid........however your comment about the charts showing market sentiment is low is the most stupid thing i've heard in years.........you don't need a chart to tell you oil prices have halved and the oil sector is in the doldrums!!! and as you can see i've made no "clever predictions".......i've merely disagreed with your charting theories. if you need to find out about the fundamentals please DYOR.......i'm not going to waste my time educating a know all
Nope, but if you do, the chart will tell me because I will see the money flow and I will benefit from that. If you haven't hit it in ten years you will still be here waiting, that's the difference.
I'm trying to open your eyes here not profess to be right all the time, try not to be so over confident, it's not a great trait... you sound like a salesman trying to tell me your product is the best thing since the invention of the wheel.
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