Victoria Oil & Gas Share Discussion Threads

[philippem] 12/5/2017 10:00

Hi highasakite,What is soon for you. We all expect £1.20 but not tomorrow or next month.One day you will be able to say I told you so. You will have told us so for around a year by then ?

[fatnacker] 12/5/2017 08:27

anyway it's a positive for vog so might add a bit to the sp, see where we are at the end of today.

[fatnacker] 12/5/2017 08:21

blvn shareholders taking their eyes of the ball by obsessing on the operatorship of bomono, looks like the new boards intent on continuing the regime albeit on a reduced cost level, crowns first concern will be to themselves and not other shareholders.

[larry laffer] 12/5/2017 08:12

Presumably if operatorship were to be changed to VOG there would be a good case for increasing the tolling fee to a higher level, or take a fixed sum off gross revenue from the partnership similar in contract terms to grym's commitment which is in place with VOG. The agreement in place with BLVN is for them to remain as operator so any change needs compensaating for.

[fatnacker] 12/5/2017 08:04

Indeed Baticle, I'm not sure why blvn shareholders think the operatorship will be passed to vog although It wouldn't bother me personally, they will be cash generative at last, surely that's the goal.

- On Bomono, the Company is engaging with SNH to discuss the outstanding approval of the Bomono Farm-In which will allow Bomono hydrocarbons to be produced into the VOG, Gas du Cameroon, pipeline.

To that end, meeting dates are being offered to work-out an all-party solution to allow this transaction to conclude and allow work to commence to connect Bomono into the domestic gas market through the existing pipeline infrastructure.

[baticle] 12/5/2017 07:54

I had a quick look at Bowlevens announcement this morning and Yes..it looks like they have little choice but to go ahead with the JV, IMO there is no other way they can cash in and profit from the well they have cost effectively.

[waterloo01] 12/5/2017 07:46

See Tower has exploded. Another player out and BLVN are going ahead with Bomono link to VOG.

[larry laffer] 12/5/2017 07:34

the knight capital fiasco is frightening when you read the enquiry report. Shows how much damage can be done in the markets when they don't have the proper procedures and effective software testing.

They lost an eye watering amount in 45 minutes, more than I make in a yeaar. I wish.

[fatnacker] 11/5/2017 18:46

That's a feasible explanation Larry, there's a lot of them though, the stock's been plagued by piddly trades for a long while now.

[larry laffer] 11/5/2017 17:21

There is no significance.

Its just a buy & sell matched by the system.

In the old manual system they used to claim it was market makers sending a signal to other market makers.

Automated trading and immediate messaging sytems have put paid to that.

Thers a few more than normal, I expect its someone testing trading software as the cost of those transactions in their case is fractions of a penny. For a PI it would incur ridiculously high charges that hey cannot possibly recoup.

The most likely candidate is software testing.

Look up 2012 and knight capital and it will explain why they need to do it better than I can.

[fatnacker] 11/5/2017 16:12

it is larry but what's the significance?

[larry laffer] 11/5/2017 15:40

its a sets stock.........

[fatnacker] 11/5/2017 15:30

What's with all the single share trades?

[fatnacker] 11/5/2017 15:26

Lots and lots of small trades, is an order being filled?

[deanroberthunt] 11/5/2017 14:58

bid moving up, could be last call for the 60p area...

[deanroberthunt] 11/5/2017 13:06

stupid cheap if those wells come in...
obviously, not if they don't

[m5] 11/5/2017 12:05

Back in, support area. Oversold Imho.

[fatnacker] 11/5/2017 09:49

getting the feeling someone's milking it, 0926 AT 1 share @60.5p

[fatnacker] 11/5/2017 09:35

Indeed, you had me confused there

[ribblewader] 11/5/2017 09:19

Ah, take it you mean consolidation of the share price not perhaps 10:1 consolidation. Sorry

[ribblewader] 11/5/2017 09:10

Fatnacker, where did that come from?

[fatnacker] 11/5/2017 08:47

Fingers crossed consolidation

[deanroberthunt] 11/5/2017 07:53

see post 36344