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Looking at their buy it now page, roughly speaking - at Euros18 for 30 tablets - is about 50p a pill. At that level, you can see just how big is the revenue potential for Opti.

Agree 3cardbrag - we need to see some good news on getting more industrial customers. In the past, we have had 4th quarter results mid January - I hope this will be the case this time but with some worthwhile progress.

As I've said before, Douala is supposed to have an energy deficit (at least during the dry season which is now) so by rights, given the focus that the ENEO issue should have made on Management 2018, then we should be learning of new gas connections - not just possible prospects. If not this time - when ?

Your right rouseranger as the sp movements being odd - more like absurd.

But it's my contention that this is now a case of bad sentiment in the market for VOG. Any LTH will tell you of their unhappiness about the BoD and their actions or often lack of actions these past years. Royalty payments, questionable choice of drill company used, drills stuck, repeated share calls and sp dilution, missed commercial targets, whopping drill costs overruns, poor shareholder communication or rather the information has been too gilded.

The last two RNS are good but it will need a good set of 4th quarter results and decent indications that they really are getting onboard new commercial customers. We keep being told that Douala has an energy deficit - if so, where is the queue of customers ? It's time to shape up Mr Dik and prove you are the breath of fresh air we thought you would be when you came on board - what is it 4/5 years ago ?

Here is Malcy's take on today's RNS:

"VOG has announced that it has completed the Matanda farm-in after receiving the Presidential decree. Now they own 75% and are operators VOG can get after the significant value in this huge block. There are substantial offshore prospects of gas and condensate and onshore prospects are up-valued by the fact that they are close to the VOG Logbaba gas pipeline, indeed the Matanda field will be able to service the Bonaberi area with gas supply to Douala with ease. The work programme consists of seismic reprocessing and at least one exploration well and fills out the longer term growth story for the company.

I'm grateful.
It's about the only good news I've had on my AIM shares all year.

For me, 2018 has been an object lesson in how to lose money - as for VOG, I bought some more in the hope this will be the last time averaging down - unfortunately, there's not much left in the kitty so it's not as many I would really like.

I feel confident that the SP should recover much of its lost ground but as other commentators have pointed out, when the full year's figures are announced, we need to see that the BOD really have learned lessons from the ENEO debacle and we see good indications of new contracts to the commercial market.

As I said, I'm grateful. Happy Christmas everyone.

We’ve known from the outset of JMs appearance that this would likely be the outcome of all the early expectations. The money was raised for the change of direction away from Italy to Asia. Lombard Odier has increased their holdings from 15 to 17plus % on the back of these initial results. As PIs we can only watch but it seems a worthwhile risk of our capital especially at these current low levels.

Fallingknife - there you go again - we're all doomed

Added at 4.3p - believe this drop to be fear led and not based on facts contained in today's report.

It's been a case of 'jam tomorrow' and unease to be a shareholder for too long - but this report and its numbers clearly show the group has a good future under Mike Reid.

The AIM market is looking for quick results and then moves on to the next share.
I'm confident that FLX is now in a great position and shareprice wise, apart from hiccups, is on the right track. I'm for staying the course with them.

Agreed Panda1 - the results report is lengthy and clear-headed.

The key remark is that profitability was achieved in July.
Going forward the company should now do well and has at last reached the turnaround position we have all waited for - for so long.

Interesting RNS this morning announcing Sean Christie is to join them as a Non-executive director. He's young and had long experience at Northern Foods and presumably is still without a permanent role after the boardroom tussles which led to his and other colleagues departures from Northern early this year.

He will though have a lot of experience in a somewhat related business.

I don't see where your 'Doubt' is Hailo.

The current Opti shareprice must reflect in part the Skinbiotix holding - and as Skin share price goes up so will Opti. I concede there was initially talk of a special dividend but that is now quite some time ago. Steve O'Hara I think has changed his mind on routes to take. He told me, and I'm sure it was no secret, that he would like to think that the other product portfolios could go a similar way as Skin, in particular the Slimbiome division.

He's shown remarkable acumen getting Optibiotix to its current shareprice - and we have still yet to see the income flows from all the deals done these past 10 months or so. Short of some dreadful discovery that these products were unhealthy, then those numbers will come in and they will be good - the stockmarket has finally come to realise this hence the recent rises.

With the shareprice reaching a £1 + might already seem a bit heady, but I have no doubt that we will come to see where we are now as only the beginning. Good luck to all LTH and do your own research.

No money left for serious top-up but raided the piggy bank to take a few more at 8.75

CG told me at the April Westminster Investor Show that now they can sell 'everything' they produce. He made a point to repeat 'everything'. I wasn't aware of the percentage commissions so well explained on earlier posts today so couldn't raise this with CG. But I do respect that man - he has put so much effort into getting Fox to this stage - surely we are now clearly at the turning point for the better with Fox ?

Thanks 42trader - very helpful to get someone else's thoughts on this.

coming soon . . . . I agree with earlier comments that this has to be the most bizarre AIM stock right now with the Chairman's multiple dealings.

He and his contacts/colleagues built the shareprice up from around current levels in 2016 on the back of developing what were already good company assets but which had been overlooked by the market. Added to that, the current BoD rejigged the company's strategy and you had the makings, albeit a slow-burner, of a steadily increasing shareprice.

In early May, I reported what Martin Collins, Executive Director told me at the April Westminster Investor Show. That was that the sp fall which started last year around 18p was by a single large Asian investor requiring funds for tax payments. He did not discuss it with the BOD who might have been able to arrange an orderly sale. Instead, he acted independently - put in place stop-losses with his broker - but each time his sale led to breaching the stop-loss and led to the steady losing spiral that we saw.

Martin Collins was very sanguine about this as he wanted to reassure me of the intrinsic worth of Obtala's assets. Knowing that he'd subscribed £180,000 in the February open offer which in April had fallen to not much more than £100,000 I thought his comments made sense and his body language was very reassuring too.

Those African assets are still there and as far as any of us can tell are being well managed, so I believe the current background 'shenanigans' are about the BoD making determined efforts to encourage sp growth.

I agree it's looking messy, but I still think this will come good soon enough and added today at 7.05p.
Good luck to other LTH.

s_singh

Are you able to show the text of the report please ?

Sorry - I meant Naval Group (not Naval Force).

So the news earlier this month of the link with the French Government Naval Group now has numbers attached. The announcement that it is for £2 millions and that it will be completed 2019 suggests a good profit margin.

It's really great news for this company confirming its good growth potential.

I couldn't agree more with your comments MaxMargolliss. I'd add too that this announcement is like last month's one with Micropore and can be seen rather like an iceberg - a few details on the surface but a lot of potential hidden. Perhaps my analogy is rubbish but I for one am excited by the Naval force agreement especially in the light of Brexit - it shows business can go on - and with a strong defence-spending government too. Very good News imho.