Member Info for bigsmoke

ever think our SP would be lower than BLVN?

banjo, are you staying the Business in Cameroon is posting misleading information?

Chinese making cables. looks like the gas to power idea is truly put to grass.

https://www.businessincameroon.com/business-in-cameroon/2210-8486-chinese-hebei-huatong-deploys-activity-in-cameroon-upon-a-cfa5bn-investment

Chinese group Hebei Huatong has just opened a branch in Cameroon, after Tanzania and South Africa. The newly launched -Everwell Cameroon Cables and Engineering S.A.- is located in Bonabéri-Ndobo, Douala, the country's economic capital.

With this facility valued at CFA 5 billion, the Chinese company will produce and market twisted overhead, domestic, industrial and underground power cables. Subsidiary CEO Wang Hong Yang said 90% of employees are locals.

According to Hebei Huatong, the Douala plant is just the first phase of a vast project that includes the construction, as of 2019, of a 30-ha industrial complex in Tiko, in the southwest.

Meanwhile, aiming to source raw materials such as aluminum from local firms, the Chinese group also partnered with the industrial company Alucam.

https://www.businessincameroon.com/commodities/2210-8485-gas-producer-vog-seeks-new-opportunities-pending-deal-resumption-with-major-customer-eneo

In Cameroon, the natural gas producer Victoria Oil & Gas (VOG) has still not resumed deal with its main customer, the power utility Eneo. As a result, the company started moves in searching for new clients in the country and is considering selling minor stake in Medvezhye gas discovery upstream in Russia. The information was reported today October 22 by Natural Gas World.

The company, however, remains optimistic that a solution will be found, though progress has been delayed by the recent presidential election. In addition, VOG said that more than 30 existing and new customers, most of whom are on its gas network, have expressed interest in building a mini industrial power plant. In exchange, they have undertaken to purchase a minimum volume of gas guaranteed for 10 years.

Let’s note that the 50-MW Eneo thermal power plant in Douala stopped operation since January this year due to debt problems, seriously affecting VOG’s financial results.

Were we not expecting an RNS on spud today? This month?

PRESIDENT ENERGY PLC

("President", "the Company" or "the Group")

Drilling update at Puesto Flores field, Rio Negro Province, Argentina

President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, confirms that the PFE 1001 development well has now spudded at the Puesto Flores/Estancia Vieja Concession in Rio Negro Province, Argentina (President 90% and operator - EDHIPSA 10%).

This is the second well in the three well programme and is expected to take some 21 days to drill to target depth. Subject to success, the well will then be completed which is projected to take a further 10 days.

Completion work on the successful PFO 1001 is expected to take place and put on stream by the end of the drilling of PFE 1001.

Petra Diamonds Limited publishes the Company's Payments to Governments Report for the year ended 30 June 2018 ("the Year" or "FY 2018") (the "Report").

let's see how they get on with this mid November. until then, batten down hatches.

https://www.businessincameroon.com/finance/2510-8500-cameroon-starts-roadshow-for-the-new-cfa150-billion-bond-issuance

The Cameroonian minister of finance, Louis Paul Motazé, along with the pool of banks selected for the CFA150 billion bond issuance, which the government is to launch on the Douala Stock Exchange, start today October 25 the roadshow, in Yaoundé. The goal is basically to convince investors to subscribe to the new public offering. The event will continue tomorrow October 26 in Douala. Called “ECMR 5.6% net 2018-2023”, the bond issue will be subscribed over the period from October 29 to November 9. Let’s mention that the money to be raised will be used to conduct or finalize some 40 infrastructure projects in progress in the country's 10 regions, the great majority of which will be used to organize the 2019 African Cup of Nations football event.

whit?

will we see 24p tomorrow?

watch the 50 d sma. we may just track it back up in time for Christmas.

"Where are ukog based?"
East of Wales and south of Scotland.

i think you need to think deeper deepthinker.

what relevance are you placing on the number of shares in issue alone?????

@roth1 - i'll be watching. but i doubt they can manipulate the proposed value here. would look like clowns.

... ah, i see Mr POse got there first.

given there are over a billion shares in issue and millions changing hands daily, i doubt some poor unfortunate is updating the register every day. it will be held by electronic registry and most will be in the name of nominees, like Barclays etc, who then operate a pool of shares.

@doc - are you paid to market a law firm? all the info is publically available : http://www.legislation.gov.uk/ukpga/2006/46/section/116

lol... 5M large?
Tweet me a redacted screenshot.

thanks for thought Mr Life.

Am I the only one think the RH selling is taken on mythical status and is used for day trading purposes?