NannyTess1
01 Mar 2016
One of the highlights for the Interim Financial Report for the six months ended 30 Nov 2015 was the $6.3 m cash compared with $5.1 m in the preceding 6 months. Forgive me for asking, but is this a highlight? It says "flat" to me. I certainly wouldn't want to dance in the streets on hearing this news!
NannyTess1
27 Feb 2016
The recent rise in SP to about 50 p could very easily be unwound if VOG wanders off the "straight and narrow." Specifically, CEO Foo has a responsibility to the company's long suffering shareholders to boost SP. We need accountability both in month-to-month progress and for forward projects, and they need to be timely. Shareholders need to be pro-actively advised of Board remunerations including options packages, and there should be a link between remuneration and share price. These are issues that need to be thrashed out at the next AGM, with of without the Board's blessing. There has been some talk recently on these pages about "stranded gas." For VOG to initiate new ventures in different countries would be a financial disaster, as it has still to iron out its property in Cameroon and resuscitate its SP. Shareholders should not allow CEO Foo to destroy VOG in this way without a vote from shareholders. This needs to be on the agenda at the next AGM. What I find hard to fathom is that as soon as VOG makes some money, it is spent on plant each and every time. Why can't shareholders insist on a war chest, which is off limits as a honey pot for the Board, to boost SP. Perhaps this should be forced on to a meaningful and shareholder friendly agenda at the next AGM. If the Board are allowed to select an agenda at the next AGM, without censure, then we are sunk, or our progress stifled for several more years.
Duffer
18 Feb 2016
VOG shares never recover value after dilution.
Duffer
12 Feb 2016
Foo cannot be relied on to be totally truthful, he has been misleading trusting investors for many years, whilst he and the BOD live the high life on investoes savings.
Duffer
09 Feb 2016
Foo's laughing with his salary, bonus's, and royalties must be making $1,000,000, a year. No worries about the share price for him.
Duffer
08 Feb 2016
This is a share for mugs, falling for eight years despite Foo's claims. Only him and the BOD make money on this, they are worse than Lenigas.
Duffer
05 Feb 2016
Is Chairman Foo cheating the shareholders, with his massive self empowered,salary, bonuses, and royalties? Not to mention Mannheim etc.
Duffer
04 Feb 2016
Foo and the BOD are taking the Mick. They are taking higher salaries than the Prime Minister.
Duffer
04 Feb 2016
What Foo is doing, seems like legalised embezzling.
Duffer
03 Feb 2016
VOG won't pay dividends until we have a CEO and BOD with a conscience.
Duffer
03 Feb 2016
Foo won't relinquish his grip on VOG as long as the shareholders allow him free access to plunder the till.
Duffer
01 Feb 2016
Foo really knows how to milk VOG.
NannyTess1
28 Jan 2016
VOG Operations Outlook 2016 was well wrapped in shiny paper. A juicy morsel some might say. Please don't misunderstand me. VOG, in the absence of Armageddon, will be a survivor, and might in capable hands, prosper. My preference, however, is for transparent profit and loss accounts, even projected ones, to accompany updates and outlooks. I would expect remunerations, amortisations, and expenditure to be given equal weighting to income, in a very timely manner. The market could then run this stock to Pluto.
Duffer
25 Jan 2016
Foo and the BOD have got the shareholders stitched up all ways, excessive salaries, bonuses, royalties, and cheap shares to facilitate shorting.
Duffer
22 Jan 2016
Another fake interview scripted by Foo's writers.
