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Matanda is an exploration project. VOG is a production project. One burns money -- shareholder's money, and the other rewards shareholders. Chairman Foo gets paid either way. In fact, it looks better for him if he conjures up dreams of huge gas fields and promises of a company flowing with milk and honey. In reality we toy with unspecified debt, shareholder dilution, and low SP. Why have we not got £50 million in the bank? Why not? The SP would rocket. Investors would be rich. First build up a generous war chest and then talk exploration. Discovery of dry well has sunk many an oil company, as their coffers have been drained. None of us should be led by our noses. We should all be asking tough questions.
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