Member Info for tiler1

Hi Mike, surely they would only draw down the �200M if they were successful in the 30th round ?

Ok... have I got this right ??? If I3e get �200M for 33% that values the remaining 67% at � 290M market cap ?

to be fair he is correct !!!! lol

Just got another 7600 shares order went straight through.

Might be. I don't think this is going to be a share you can trade. Therefore I would suggest all recent buying would be people with at least a 3 month view. Remember very small float of shares

Decided to get out today even though I had to take a big loss, in fact my biggest. Sold on the basis my money can be used better in another stock rather than wait for the long climb back to break even. I have held in with BLVN and VOG probably for way to long. Will stick with BLVN and agree with Oldtimer its probably got a get better short term future, simply because of the pending drills. Hopefully VOG will get back to its normal levels very soon. Still think something positive is going on behind the scenes . GL

Why on earth would BLVN want Bonomo back ? No I don't think BLVN has invested in VOG. BLVN are now a holding company and the only game in town for us is Etinde ! I hold VOG as well, so not being critical of VOG

Wow ! Kevin and co , greedy bastards to the bitter end ! I question their ethics over the decision to drill Bonomo and how they reported post drill. Their deal with VOG says it all and they should been held to account. Its a shame the threat of litigation could not been used to send them all packing FOC.

DEC 13th 2017.

Looks like COC are mopping up at 29p. Amazing they can get that many sellers at that price. Whatever COC seem motivated to increase their holding. Should be interesting shortly

Yes totally agree. 10M share are linked to tight fiscal control and share price performance. Good update !

Surely he will be put on garden leave or made completely impotent?

Hi Columbo I tend to agree and will hold and add when possible. Very impressed with the FOGL board and with a low avg in DES its worked out to be a very good deal. Good thing about FI stocks is they generally do well as soon as soon as there is a wiff of the rig and they will have rig down there for a long time starting late next year. If AIM Oil starts recovers next year and we start to see M&A activity, this will be a great starting point. GL

Once deal is completed I wonder what the trading will like. No doubt fogl will drop in the short term..... Any thoughts

I know that Des changed accountancy reporting method around 12 months ago and from memory I think they now show all previous drilling costs as a trading loss rather than a capital loss or the other way. Which meant once they received money be it income ( unlikely as they have mad it clear they have no plans to go in to production) or from sale of asset etc they would enjoy x amount per share tax break. Its clear if you read the RNS its about a year ago as I say its all from memory.

Are you going to the agm ? Ref voting rights

I suggest you re-read your post. Then re-post .This time try and make sense. However if you consider the money invested in Greece so far by the EU to be money well spent, you should probably take the time and understand what this represents to Greece long term. Then look at the crazy interest rates that they are having to pay on thier loans long term. Then you will understand its simply not sustainable and that applies to more countries than Greece. Hence why the Euro could fail.

Will be topping up again shortly my avg here is 22p . But looking to add as I see this as the Best FI play over the short to medium term Interesting times

Thanks you are a gent

You have summed that up mate in one word . Nepotism ! Good posts from you and Schlonberger. I was going to add to my Des holding on Monday in leiu of the price and as I own more than the exploration director and FD combined (A lot more) i hope my research and faith is rewarded. In your opinion would my next purchase be a short, medium or long term hold ? To clarify short term would it hinder me topping up in time for our African play ? GL to you and Schlonberger I've enjoyed the forward thinking