Member Info for 3cardbrag

PMSL. The biggest cost by far, which is almost certainly ringfenced, is the salaries and perks of the BoD. Why 6-8 weeks before we get new figures on gas reserves. How much time do they want? Or is it linked in with possible timescale for removal of stuck gun. No mention of Westmed, but then again we are supposed to be TRYING to attract new investors. At the end he looked like he was prepared to accept questions, but none were forthcoming. I presume everyone in the room was entirely happy with everything. lol

I did, thankfully, at around 1.7p to bring my average down. That was of course not long before the news that brought suspension.

You still here? Thought you'd died

Looking at JLP SP nosediving again, makes you wonder if we have a Barnier/Tusk/Davis type stalemate on the finer points.

Come out from behind that sofa and get this frickin' RNS sorted!!

Is a great stock for trading if you're prepared to wait. Sold yesterday at 267p and if previous anything to go by, will be buying back in 230s within a couple of months, just in time for next divvy. Love it. Used to hold for the Arab takeover but that's just a pipedream now. besides the Arabs will need all their assets once we start producing our own shale oil/gas.

RNS says insurance claim lodged prior to mid February so probably at least 2.5 months elapsed since. Bearing in mind the "substantial and material" costs involved it would be nice to have some sort of a progress report, just confirm claim acknowledged and amount of claim. That said, the rider in the RNS sort of says it all for me. "As is normal in these situations, the outcome of our claim is not certain." Not holding my breath on that one. Will probably be another "sale of Westmed"

I'm starting to hope and pray that they don't suddenly announce the sale of Westmed for 50 million. The cash would probably go straight into Savannah's coffers to fund the next drilling overspend. Still at least we would hopefully have loads of gas!!!!!!!!!!!

Anyone who has been in this for any length of time will tell you that Foo and Co can't wait to shout from the rooftops at the first sign of good news. The silence says it all. There is nothing to tell. Nothing good anyway.

Condemnation perhaps a little premature Space. Worrying times after weeks of silence and a positively shi.ite investor presentation. Are they slowly letting the ship go down without telling the passengers?

Here's a possible scenario. We all know Bozzer is obsessed with ACI. Maybe he has had a wink that funds will defo be available and is waiting for the JV deadline to expire so as to throw JLP out. Unlikely I know but one thing's for sure. If that was the scenario, you can bet your bottom dollar that the ACI deal would crumble about 10 seconds later.

lol

Rat leaving sinking ship springs to mind.

"Will have a good look at the presentation tomorrow but firts impression is positive!" Fecking psml lol

I'm assuming that there is nothing to stop us going into production prior to December as long as commissioning is completed, so not necessarily a 3 month gap, hopefully anyway.

Sounds about right. The current de-rampers are probably the same ramping scumbags who tried to persuade people to buy in the past.

Well no RNS so is there any point in us being there? Are we going to get the same old crap about 250 million invested, 50km pipeline, massive Bonaberi potential, unconstrained local demand, CNG potential, blah blah blah?

I fail to see how you can suggest many of the problems are outwith the BoD's control PB. On retail sales they have been telling us for years that this part of Cameroon has "unconstrained demand" for gas but they have signally failed to deliver on this side of the business. They have been telling us for years that CNG will be a big contributor but yet again have signally failed to deliver. They have been telling us for years that Westmed is on the verge of being sold. All lies again. They have told us "no more dilution" then diluted us again. Any problems subsequent to the drilling contract being awarded to the oh so dodgy Savannah, who's pedigree and ownership remain a mystery, can be firmly laid at the BoD's feet for such appointment. Apart from the non payment of bills and subsequent loss of Enneo, which they kept from us for some time in the run up to cancellation, exactly which bit is out of their control PB? Please tell us.

"It's a good sign. Hopefully the JV will be a case of cooperation rather than us being bullied by a big fat arse. Lol" Maybe that's just what our BoD needs. lol

Presumably then we can expect a stonking RNS tomorrow otherwise not much point in VOG turning up.