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Thanks Forest4032 - short and sweet when he talks of VOG
Testing the 6.5p level he says - I say, yes please, that'l be a start.
Nice to see VOG spring into life. Are we on the cusp of a re-rate? Let's hope so!
Traders Cafe with Zak Mir: Bulletin Board Heroes January 7 https://**********.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-january-7-a77bb66 #BENS #BIDS #DIS #EML #EVE #FAR #GAL #MSYS #OMI #SRT #VOG via @**********
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translated....Herd immunity! Follow the trending stock I suspect. Be nice to see one if our likely news items come out of hibernation soon...if positive!
Herd immunity! Follow the trending stock I suspect. Be nice to see one if our likely need items cone out of hibernation soon...if positive!
14-02-22 <<>>>400k @ 4.85
https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BRWR3752GBGBXAMSM.html?lang=en
So guys - have enjoyed reading all your thoughts today but as a LTH also, I'm not used to seeing a VOG rise - do we have any facts or rumours as to why ?
Yes all true but under old management and Roy under budget on well fix and maybe a new JV in Matanda bloc. Thought Cam gov were interacting with other African nations for export of LNG btw? So is this old VOG or new VOG? Good luck with Capricorn...and tax return!
Maisy we both know that we were led to believe last drills would be capped at £42M cost and the £75M cost - not wholly successful ( and continuing lack of clarity as to results/added reserves ) meant VOG nearly was no more. Ouch!
Mel
Hi Maisydaisy.
Capricorn Energy ( Formerly Cairn ) $1Billion from Indian Govt tax refund imminent.
Mkt Cap not far from total expected cash. ( Guess is rest value £.6M -.8M ) Difficult to know how to value non cash earning and new egyptian assets until co comes up with a plan.
Cam govt is v. unenthusiastic about exporting energy assets. Gas exports by VOG = access to reliable customers . Wont happen soon.
Mel ( In not in Vog mode)
PS only posting as should be doing tax return
Highest riser today
Hi Borders - don't know of too may small O&G awash with cash - any exploration is expensive as you know. I suspect that given increases via Prometal etc and RoyK tightening purse strings (well fix under budget - and no addn fund raising since) that VOG are meeting D2D expenses.
Landlocked? Doula is a port and access to Wouri.
Any small cash raises will be blown away but what else lurks - BAD - arbi and GOOD - you know the list could all be transformational - ENEO seems to be getting in better shape albeit who knows with POO and gas prices adding to the mix.
up 30% and climbing
I gave up on VOG some time ago. I did not learn from Foxdilution. However some may want to note that VOG is cash poor, Its past drilling cost control/success rate is shocking , it is still landlocked and it is path to future gas sales is unclear/ speculative . Could a spike once again preceed a cash raise. Whatever else is true - be wary.
Mel
up 32.39%
Trend is your friend.
Cameroon: Chococam announces record
XAF36.9 bln turnover for the 12-month
period ending Sep 30, 2021
Sheet 41 https://www.businessincameroon.com/pdf/BC107.pdf
Our clients
Chococam Prometal etc etc
https://www.gazducameroun.com/our-clients/
up 25%
200,000 buy at 4.70
seeing this top of leader boards reminds me I actually still have a rump - 2.5 k gbp.. nearly 3k as I type - position in play here..(was 7k gbp bet in first place, alas..)
No idea what to do from here .. so best I just leave it and keep forgetting about it for now, I feel.. if/when I have/had a clear view on good upside to come here I might well top up.. but I still don't have that view...so far, at least..
Volume is quite high compared to recently 1.157M
Interesting to see what happens now, assuming no RNS, as any PI who bought in the 3's may now be tempted to sell and make a quick buck on the back of this rise (good luck to 'em, wish I was in that position!) Conversely today's rise may intrigue new buyers and we may see continued positive movement... Oh, the excitement... ;-)
Have you been smoking some of that funny stuff :)
We have a number of good outcomes about to be announced. Cheap as chips. I eventually see a cheeky offer coming from the Ukrainians. With Grynburg gone I am sure his family will sell the asset and 38% or so of the licence. The Ukrainian Billionaires to take it over, then take over VOG..
Need quite a few more days like this to get anywhere near my average cost, but not complaining... Could just be small volume buying interest meeting illiquidity of shares, but perhaps, perhaps somee good news finally coming - west med, matanda, arbitration... - about time anyway!
BOOOOOOOM