Velocity Composites Share Discussion Threads

[dropside] 03/5/2013 18:50

dreggs, nope my buy was at 12.5p, someone nipped in at 8:00 and bagged 11.9p. Good luck to whoever it was.

They are worth buying at these levels even as an arbitrage of 0.8 of a Vanoil share plus warrants IMHO.

[dreggspicker] 03/5/2013 15:59

and we get the warrants do not forget;;;;;;;;;;;;;;;; just need news...

[dreggspicker] 03/5/2013 15:57

drops,
I have done the same, you got the better price yuo must have pressed the button bang on 8am, I am a slow coach.... :+{

[dreggspicker] 03/5/2013 15:51

oh that did not paste right!! any way it says 35 - 46.5 with only 2700 traded ....

[dreggspicker] 03/5/2013 15:49

mighty big quoted spread;


TSXV Chg % Curr Bid Offer High Low Open Volume Lst.Trd Trd.Vol Traded Flags RN Memo

VEL
Vanoil Energy Ltd
0.02
6.1%
0.35
0.35
0.465
0.35
0.35
0.35
2,700
0.35
2,000
14:55:55

[dropside] 03/5/2013 09:06

Very cheap to buy now. Had to have a few this morning.

[dreggspicker] 02/5/2013 18:47

Fluormin has ended the day with a savage 22% drop, on 21k shares, quite mad, 9-12p now.....

[dropside] 02/5/2013 09:12

The heavy selling has restarted this morning, big sale of £13 then £52. Where will it end?

[dropside] 02/5/2013 09:06

No just a bit mad - I already have a stack of these :-)

[dreggspicker] 02/5/2013 08:49

oooohhhh, you are a tease..... ;+)

[dropside] 02/5/2013 08:47

Hi dreggs, 19th May is last day of trading on AIM. If the price continues to be weak, I may just have to have a few more prior to the close.

[dreggspicker] 02/5/2013 08:23

hi dropside, yeah, sells of around £3900 for the whole day is a mass sell!!!!
It is a ball ache though..........
It does make you wonder what price they will be on the last day of Fluormin trading, the 15th may? not checked the calender....

[dropside] 02/5/2013 08:10

Certainly not me selling, I am holding on tight. The price has slid on very small volume - at least until yesterday. I think people get nervous when they see the price falling and their wealth trickling away (at least on paper)and get tempted to sell. So the selling can develop a bandwagon effect. Also maybe the 'someone must know something' thought. The psychology works the other way round when a share is rising. It all leads to buy high, sell low!

Just my thoughts anyway, in the end the short term price does not matter unless you are a forced seller. What matters is whether Vanoil find oil in 3A over the next few months! Not forgetting the other licences..

[dreggspicker] 01/5/2013 21:34

With only 1500 Fluormin share votes against the deal, I am amazed why anyone would be selling at this level, down we go again, 13 - 16p .......

[dreggspicker] 30/4/2013 13:44

re-done the flag counter as it was not set up quite right....

[dreggspicker] 29/4/2013 14:07

Recon Aaron is right for us???

from Bloomberg;

nvesting.businessweek.com/research/stocks/people/person.asp?personId=145256636&ticker=VEL:CN


" Executive Profile*
Aaron D'Este
Chief Executive Officer, President and Director, Vanoil Energy Ltd.
Age Total Calculated Compensation This person is connected to 5 board members in 1 different organizations across 2 different industries.

See Board Relationships
-- --
Background*
Mr. Aaron D'Este has been President and Chief Executive Officer of Vanoil Energy Ltd since September 21, 2012. Mr. D'Este served as Managing Director at Azimuth Ltd, which he co-founded in 2011. Mr. D'Este acted for a Middle Eastern private bank and he successfully negotiated the acquisition in July 2012 of two significant Kenyan blocks, one onshore and one offshore. He also spent a number of years in the oil services industry with Schlumberger culminating as President of "Slickline". Mr. D'Este was founder of the external investment arm of Petroleum Geo-Services. He was a managed and served as a Principal at Booz Allen Hamilton's private equity business within the energy sector, buying, selling and managing a number of projects for clients. Mr. D'Este has worked in many of the world's significant oil producing regions including Africa, Australia, Thailand, Indonesia, Abu Dhabi, Qatar, Syria, Iraq and Iran. He served at Simmons Parallel Energy, L.P. and Simmons & Company, Private Equity. Mr. D'Este is a highly respected industry professional with an enviable track record across many segments of the oil and gas sector. This includes senior executive and Chief Executive Officer positions in oilfield services, energy investment, mergers and acquisitions and strategic consulting to the oil industry at the highest levels. Mr. D'Este was one of the original foundation investors in Cove Energy Plc with onshore and offshore African holdings acquired by PTT Exploration and Production for almost $2.0 billion. Mr. D'Este acted for a Middle Eastern private bank and he successfully negotiated the acquisition in July 2012 of two significant Kenyan blocks, one onshore and one offshore. Mr. D'Este has a track record across many segments of the oil and gas sector including senior executive and Chief Executive Officer positions in oilfield services, energy investment, mergers and acquisitions and strategic consulting to the oil industry at the highest levels. He has been Director of Vanoil Energy Ltd since September 21, 2012."


I do!

[dreggspicker] 27/4/2013 14:42

I have not said much about the Fluormin last meeting, which was the last one ever, Mark Bolton was in the chair, Brian, sean, at the top table;Al Gourley was in the stalls,also our new leader Aaron D'este, plus others, but I was the only private investor.....

Mark being the CEO did do most of the talking, went through the formalities, and after gave me ample time to ask questions, he and the other board members still have quite alot of shares in Vanoil, and are very keen for the future,even though he and others will be leaving.

Brian a non exe on Fluormin, who is a great character with a wicked sense of humour,will hopefully move over to Vanoil, he has great experience in both mining and oil, he would be a real asset as a non exe, he has offices in Canada and London.

Aaron seemed to be on the ball, and most friendly also very keen to get this first spud underway, he did say we only need 1 good hit to be commercial for us to make money with the proposed Kenyan oil pipe line probably going through 3a block......

They did enquire about being duel listed be were told by the AIM it could not be done automatically, we would need to apply later as we are being taken over by a foreign company..... He did not rule out a listing in the future....
dreggs

[napoleon111] 25/4/2013 11:34

indeed it is, i wouldnt be great at the auld charts :)
will try post what i know on avana when i get a chance, not much out there to be honest, and their old website is gone now!

[dreggspicker] 25/4/2013 11:22

thanks Mr Napoleon, I will try in the next few days to get a chart on show, it is tricky when a canadian stock.....

[napoleon111] 25/4/2013 09:53

excellent thanks dreggs

[dreggspicker] 24/4/2013 13:17

think it was 400k that did the damage,but did not show on the volume.. weird

[dropside] 24/4/2013 12:10

Thanks dreggs!

No idea why the 40K sell yesterday as we approach spudding in this very hot region. Can't wait for the drilling to start personally.

[dreggspicker] 24/4/2013 10:00

Hi all you Fluormin folk, I will be filling out the header in the next few days with pics and the like, fingers double crossed for the first spud!

dreggs

[dreggspicker] 24/4/2013 08:18

DAILY CHART;



6mth Chart;



2yr Chart




SORRY: AS VANOIL IS ON THE CANADIAN MARKET; YOU WILL NEED TO

CLICK ON LINK BELOW FOR NEWS & more charts






May 2013 presentation link; WELL WORTH A LOOK
















Or look here for more charts;



SEE HERE FOR VANOILS WEB SITE;



Vanoil Energy has merged/taken over Fluormin for dosh, fluormin holders get Vanoil shares and two sets of warrents; Also merging with Avana for their assets;

Grouped assets now include the Fluormin Witkop mine (on care & maintainance, also the fluorspar offtake in Tunisia with Glencore ( still a green field site)
OIl prospects include;
Kenya; 3a/3b onshore 100% 9a offshore 10%
Seyshelles; area A&B offshore 25%