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I have had a terrible year:
G3E
BOU
MTFB
MMC (or whatever the health firm was)
Well done all LTHs. 3CR etc. Hopefully this heralds the renaissance for you. This was one of my losers. Much better management now, may rejoin!!!!
No I can beat you there. My hattrick is FRR... :-(
Oi Oi MTFB I can only pray, got about £9k in that (cost value) and got £5k in G3E
Don't tell me you are in BOU ;)
I'm hoping roobler that I get my Xmas money from G3e and MTFB first... :-)
Thanks mate, see what happens I guess. Not very active though is it haha I have been trading RR and RMS all week and the volumes are big.
5p plus the first target which could arrive very soon!
Worth Looking at the ADVFN + LSE BLVN boards.
http://www.bowleven.com/system/files/press/recording-20201109-2677383nov09.mp3
I have not listened to this again yet (I have to go out now) but my first impression was
b) Limbe - Bekoko pipeline (thanks whoever asked the question - Lea?) working interests under discussion (in other words, very likely BLVN will be contributing something towards funding it, imo).
I'd also posted this there on the 30th October:
'What needs to be noted is that after the 5th Feb VOG was put under new and much better management. They have already taken a tough line of ridding us of certain directors; and in taking Eneo to court for non-payment.
It also should be noted that the Limbe to Bekoko pipeline has multiple stakeholders and beneficiaries - New Age and JV partners, Vog/GDC, the Government, Aksa power station (and thus Eneo), and the people. Thus VOG cannot be expected to be the sole payer for this pipeline as perhaps the 5th Oct RNS implied, and perhaps as the previous useless management envisaged.
So the question to ask BLVN on the 5th November is what contribution are they going to make to funding this pipeline; and if their answer is none, for them to fully justify it.'
This could go anywhere upwards in the coming weeks/months. With sentiment, rising oil prices, good management team, good news flow this could easily get to 15p+ by Xmas imv.
Seems to be going in and out of auction a lot today. Is this normal with VOG? Just had a little dabble today on your good news.
'The Company and GDC have provided a charge, with customary terms, over the Alternative Assets, and CHL will be entitled to receive varying portions of the proceeds of any future realisation of such assets while the Settlement Amount is outstanding and these amounts will reduce the balance outstanding.'
Does this mean that the 'Alternative Assets' are valued at a minimum of $12.5m ?
Now 3.58-3.92p spread
I think the market is beginning to see the potential turn around here.
GLA
it struck a chord.....
good luck.....(at least learn from past mistakes
killjoy
sorry to hear your losses, if that applies to you or you are discussing generally....
price is everything and feeling kind (as always am
if you wish to improve only your chart abilities and risk control going forward and stop being stubborn if price shows you are wrong then let me know, as will assist.....as this advice will save you 000s and put you on the right advice
nil investemnt advice, but price is everything and you will learn that?!
your choice as never offered to any1 b4........
Whichever way you polish a turd and whatever the future for VOG, it can only be seen as a panicked capitulation by a board which has on a number of occasions said it would fight this claim.
And you know what? I doubt there is a single LTH whose believed vog would get to and win a court case. They never do, apart from the ridiculous annual Gryn claims
'The Settlement Amount will be paid monthly over many years unless it is satisfied earlier by other means, including the realisation of cash from certain trade receivables, which have been fully provided in the Company's accounts, active and planned claims (insurance and legal) and the sale of one of the Group's non-core assets (the "Alternative Assets")'
I expect one of these to happen soon.
Yes, my average is £1.74 ! Some way to go yet. BEst £5500 I ever spent
'The settlement results in a valuable net revenue increase to GDC on a monthly basis from December 2020.'
Can anyone explain?
Nice to have so much gas, just shame we don't have customers.
Looks like some short lived progress but only 5 years too late.
I like the bit where they talk about finding new money to pay off this money, must be another cash raise coming.
Still I do like strong management to give in so quick, they just need some new big contracts now to sell gas to or will they now just sell the company for 1p a share with new wells ready to go. Maybe Foo would be the new buyer?
Now plus 60%, I am sure it will settle back later.
In terms of stonking losses my average is 96p and these just sit at the back of a drawer until I have a capital gain to write off.
not been here for a long time but cant believe Foo is still getting away with robbing the shareholders...100-150k a month.. aim robbery at its best, positive news on the well so hope this pays of for existing holders..GLA
-- The well was opened up on a 16/64" choke and was beaned up to 32/64", and as of 5 p.m. GMT yesterday was flowing approximately 19 MMscf/d with a Flowing Well Head Pressure (FWHP) of 3,580 psig. The full potential of the well is highly likely to exceed the capacity of the plant, which is 20 MMscf/d
No, I am in the stonking losses club unfortunately. You can check my posting history. Just think that the future is brighter with recent developments.