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Surely even you must be starting to feel a little nervous about your 4p entry after that statement. When a large African debtor, partly state owned, basically tells you "on yer bike son", the words horse, dead and flog spring to mind. Can't see Cameroon courts siding with vog against government.

Presumably you took the opportunity to top up yesterday rather than wait until it goes above 4p.

I guess we will fit well into the circular economy. After all we've being going round in circles for 7 years.

What a load of fluffy bullcaca from this disfunctional coalition. Kinda confirms 2 things. 1. Why the SP is tanking. and 2. Why we should never, ever embrace proportional representation.
What was it Alec Issigonis said, "A camel is a horse designed by a committee".

re "Obviously this is well past the “mid-2020” date that JLP had given. It looks like we’ve been completely had over this Kabwe Royalty. Borrelli gave the assets away for nothing by the looks of it."
Yes Bring, you would have thought that if Bozzer was in the slightest acting in our interest, there would have been some sort of penalty clause built in to any undue delays in order to protect BMR shareholders.
Says it all really. I thinke we all know his focus is elsewhere nowadays (XPD and GGP) having got bored with BMR

"I keep buying and my next purchase will have to be above 4p sadly."
Nah, just wait until tomorrow. You can pick some more up at 3.6p ish

re "95% of companies in the oil and sector have no revenue and make losses year on year as they explore for hydrocarbons. This is the nature of the beast. Theses losses are funded by share placings and debt finance. VOG is just the same. However VOG is now also a producer with revenue and customers unlike many."
The first part of your post is true as applied to O&G explorers. But as VOG will happily tell you, they are no longer an explorer and class themselves as a gas utility with the unique advantage of its own pipeline to its customers. Which kinda begs the question, "why does VOG continue to need to rely on placings and debt finance when in your own words we are operationally profitable with over 40 paying customers?"
The other point I would make is that we were also operationally profitable 5 years ago but with a slightly smaller customer base and no debt. There was even talk of dividends on the horizon. this was purely off the back of high value sales to industrial and thermal customers. It is big power that has destroyed this company - and of course useless management

Must have touched a nerve somewhere

Why do you keep misquoting me? Is there a strategy here? I did not say Roy is unknown.
Re"VOG have clear valuable assets in gas resources and infra structure which are clearly worth fat more than the current share price. "
Only if you can monetize them, something VOG has singularly failed to do over 14 long years. The problem here is that you have a country awash in gas, with a population desperate for gas, and no-one from the state downwards willing to pay for said gas.

Savannah Oil Services Cameroon SA. Have a look at their website. Absolute craap. And this is the improved version.

Re "I have no interest in past issues. That was the Foo era. I have invested in new Directors. Savannah have drilled numerous wells in Nigeria since they failed at VOG."
The more you post that statement the more ridiculous you sound. So you are happy to invest in a basket case company whose past directors have an appalling and very questionable track record, purely because Roy Roger's turns up on his white steed and will shortly be joined by another as yet unknown knight in shining armour. Just because the sp is cheap. Ukog is dirt cheap. Would you invest in that?. You are either an insider or a total joke!!!

Geez look at that spread

As you are so keen to point out the positives, perhaps you could give us your perspective on the huge CNG jv agreed 2 years ago. And while you're at it an update on the £24 million LA108 insurance claim.

Rf68 re "The stuck gun has been retrieved as has most of the wire string. Only a small length of wire string to retrieve. Read the RNS."
Suggest you try reading my post properly. I didn't say it was still stuck, I merely referred to the huge cost of unsticking it

Am I the only one starting to think that Kurt has given up on Kallak?

Not forgetting of course the cost of the stuck perforating gun

Something going down at Parkmead today. Maybe they're buying Westtmed lol

Market not terribly impressed so far

To put that into perspective, we have to sift 280 tons of soil and rock to get 1 ounce of gold. That's a lot of rock methinks.

Just saw this on the internet Eric. Bit worrying.
"For underground mining, the World Gold Council defines between 8 and 10 grams per tonne as 'high-quality', and 1 to 4 grams per tonne as 'low-quality'