Member Info for ParanoiaBlue

From wildcat [although proven by Elf in the 1950s], to appraisal, to production/supply and finally remuneration takes time. It is so obvious that the latent assets exist. I have time to wait – that is the ethos behind sensible investing – check out most comparable historical situations.

The oil industry always pivots on potential reserves and exploitation - monies obviously needed for evaluation - VOG obviously, almost there.

Nice to see a bit of blue - how long before a massive, and long overdue, re-valuation?

The dog barks yet again - sadly in a bit early for now.

I have been out most of my life, therein lies my various actions and reactions - play golf etc - please don't patronise.

I have absolutely no interest in "taking anyone on," certainly one who uses abusive language - this share should be at least in triple digits, if it were not for a past negative influence.

Fantasy and fact are always intertwined, the reality is to get away from self-delusional thoughts and listen to others also with our own limited insight. The next couple of years will be OK with this one.

BJ - that guy is best ignored, for obvious reasons.

Well, to my mind and experience, the latent always results in potential energy, at some stage - until then I can wait.
I won't quote any naff financial cliches.

The government has a % share in the company. Sense will finally rule when clarification is realised.

I would suggest that selling on penny rises with the SP at historic lows, isn’t the best of plans, unless one has the finger on the buy button, to reciprocate immediately, but what do I know? Anyway, the intrinsic valuation of the company is massive compared with the derogatory SP.
A takeover – I hope not, as I believe that VOG can now make it on its own.
Anyway, 2019 consolidation and a bit of house-keeping, 2020, or slightly earlier, realisation.

Agreed re: SP - we do need some more positive news, or the price will drift down, for now.

70% onshore, whilst the remaining 30% in offshore shallow water - a great position to be in.

The potential resources sound massive.

So they have 2 years to complete one well - best left to 2020, and use 2019 as a year of consolidation.

The future is so obvious.

Hey, this has been a Brexit-free zone so far, please don't tarnish that record ;)

Only slight problem - if it has not fired.

Both, and the rest, bud - I am actually "very committed" here, at the moment.
Take care and have a good one, next year.

Great day - waiting for the next obvious step up.