Replies to post #446 on Vaalco Energy (EGY)

[farml1234]

Who has the most production
answer TGA
Who has the most reserves
answer TGA

Who has the most cash in the bank
answer TGA
Who has the most bull shit
answer EGY


jmho

[spec machine]

I haven't seen anything on that (Gunvor) but I'm back in the office this week (and not restricted to a small phone screen), so I'll see if I can dig anything useful up

Yeah, Egypt ... exactly what I was thinking

I was hoping they didn't put a high valuation on those reserves

spec

[spec machine]

Gunvor asset sale was mooted according to what appears to be an unverified news blurb which may have been the source used by other digital rags

so yeah, sketchy

But they do have the cash and/or financing ability

I just figure they're taking steps to strategically grow inorganically in geopolitical stable markets

So, good if they can get a panic discount

Or, if not, cool with what's on the burners now

spec