Victoria Oil & Gas - Re: VOG Stream Log - Chairman Foo is not exonerated...

Live Discuss Polls Ratings Documents
View
Page
02:26 01/06/2016

Chairman Foo is not exonerated from the parlous state he has left VOG in, when VOG should be awash with cash and investors fighting to buy stock. VOG needs to consolidate her trump card as producer, and not lose her way by involvement in exploratory wells and that hair-brain notion of partnerships with other junior gas field which are about to turn producer. Such projects will bleed VOG dry. Equally unhelpful are the distorted remuneration packages sequestered from the company, especially when the SP is languishing.How many more investors are there going to be led up the garden path by Foo and his Board. They need to get it right, or do the right thing and resign. Further, it is about time that investors in VOG should be rewarded, without excuses. How many more years will Chairman Foo and his lieutenants keep honest and hardworking investors waiting?

Page