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now looks like they either want no sellers or desperate to force this in a direction.
So I have three left...........?
Dang!........... 2.
if you have followed this BB for any time you will know who the provocative windup merchants are, who actually tries to post company info and company business relevent info, and who just copies and pastes RNSs.
Posts should be limited to say a maximum of 5 or 6 per day per stock from any one person.
That would cut out 80% plus of most of the posts on here.!!
wander this world of ours is in such a mess if on a meaningless chat board people can’t correspond with each other in a cilvilised manner - it is incredibly depressing
Liar
Oh, you are back in now! Daft bugger! :-)
In out in out
Oh, marked up at the end of day - every little helps.
Good grief, some have now resorted to “strawman argumentation.”
try specsavers.
"...long may it last" was a positive comment.
There wasn't any shorting of VOG, not of any significance anyway, it's just soft lad stirring it up again!
Who were the shorters - you had certainly been the most negative in recent weeks ?!
It's a tough one, so is no news good or bad ?
payment guarantees now in place and/or another big customer taking gas would be positive.
No big institutions dumping - positive
Concerns about possible placing or tough bank negotiations - negative.
Each time I check the price to start buying again my gut reaction is not to. Its a daily battle with common sense versus mistrust based upon the past and the recent RNS's
It's still a coin toss IMO..
Well, we can't be sure about that. Couldn't see anything in the numbers published to suggest that. A JV is like a marriage - for better or worse. No cherry picking.
We have partner with 25% and SNH can take 25% off both. If that happens we end up with 56.25% - less than logbaba.
none on LSE and 6,856 (sold) on NEX.
with so many posters absent I guess the shorters have lost interest, long may it last.
have an anual outlook about now.
also, worth remembering that should we ever manage to drill Matanda then we only share 25%.
if the ramp up of power demand has been as impressive as the three recent RNSs have tried to suggest, then maybe Bassa might be reopened soon? that would give the SP a leg up,
thanks JR.
i think it is a Logbaba production JV so pipe and customer issues may be with GDC and our other partners. but i doubt VOG/GDC is unable to apportion the burden of the 2018 disconnect and 2019 reconnect to production across issues.
It's profit share. RNS from 2016 when RSM started participating spells it out. It's a JV - share revenue and costs.
I suspect the original gas rate had an element to cover installation of infrastructure, given that it was a proof of concept and had no guarantee of renewal. In any case it wasn't double before.
What does the contract say, we all know it's share the rev by approx 50 % so I guess that means vog probable will not make enough to cover running costs or make a profit. but we will have to wait and see.
re partners - is that profit share or revenue share?
power is 50% of biz - the other 50% remains in tact (and growing).
Yeah we all know that. You don't have to rub it in. At the moment I'll settle for VOG surviving the next 6 months before I start dreaming of 40 mscuffs
If vog had a 3 year contract with eneo before at double the gas sales rate and vog couldn't make a profit, why now at only half the gas sales rate will vog make a profit.
They also have to share the rev 58% / 42% with other partners, and that hasn't changed.
To get vog making a good profit and some returns for shareholders they need 30- 40 mm scuffs and everyone knows it.
must be order filling.
would they want in bed with our partners?