Victoria Oil & Gas Share Discussion Threads

[fatnacker] 23/11/2016 08:25

Seems clear enough to me Clunes.

[fatnacker] 23/11/2016 08:22

was that around the time of the fantasy placing you claimed you'd been asked to participate in prowler?

[clunes100] 23/11/2016 08:18

RSM now get 40% or revenues less operating costs and the cost of the current drilling programme, so VOG is probably getting near as makes no difference 100% at the moment.

Even when the drilling is complete, RSM will only receive 40% less any operating costs and RSM will continue to have to pay for agreed capital development costs associated with this licence in order to retain their interest in the licence.

Can I make this any clearer?

[peterpowell21] 23/11/2016 08:16

Any one have any news on the CNG FOO ramped for a few years?
seemed its just disappeared like a lot of things foo ramped.

[peterpowell21] 23/11/2016 08:06

neo26

good morning.
well if you look back its all there, i dont have the time to look for you.
but it was a lot. seems foo tried to do it on the cheap with his company,(sound familiar) costs overrun and it gave foo the chance to loan VOG money and get his royalties. well i think thats how it went, been a long time now.

m5

no need to worry about how i spend my time son.
i would worry about your investment here.

bronco

yes i sold at a massive loss,but again you lie when you say if i had held for the (massive) spike i would have got my money back. massive spike? lol

where is dean?
still writing his letter to the FCA,LOL

TEMA

Mind what you post on.
tips? that would have to be insider trading.
but hell it sounds like ramping so hell post away.

[sleveen] 23/11/2016 07:53

deanroberthunt
22 Nov '16 - 10:08 - 33635 of 33671 1 1
so this company generates at least $10m of cash pa......to appease Sleveen, I'll take 60% of that :) ....so $6m cash....pa, how many AIMers can you say that about....cashflow positive...

######################
Not many.
However, H1 is the dry season (ie high gas demand) and H2 is the wet season and hence gas revenue will fall by about half of what they are in H1 (the dry season). So not much cash generated at the OPERATING level in H2 and factor in the 60/40 split.

This will be absorbed by the VOG PLC costs and drilling etc.

I predict a loss for VOG 2016 and the debt of circa $20m.

If no new power station contracts are announced in 2017 I predict an even greater loss for VOG in 2017 than in 2016 (because of the effect of the 60/40 split in H1 2017, which wasn't the case in H1 2016 to emphasis my point).

IMHO.

[neo26] 23/11/2016 00:35

peter

you state the two wells will cost more than $40m put aside by both parties, what amount did the previous ones go over by?

[broncowarrior] 22/11/2016 21:22

Powell sold at a massive loss just before a huge spike that would have got his money back. He used to sit on the other side all day posting as Voger until he got kicked off it (apparently).

[peterpowell21] 22/11/2016 17:55

fatnacker22 Nov '16 - 17:22 - 33663 of 33666 0 0
Yep sold at 62p and watched the share price soar to 92p.
----------------------------------
yep then watched as it fell to all time lows of 23p.

[peterpowell21] 22/11/2016 17:46

fatty
well there you go again lying, 92p?
have a look at the chart above, lol.
you do make it easy for me.
yes i was not expecting so many people could not read a RNS correct and kept buying.
well more fool them. i pointed all the facts as to why it was a bad rns.
bet they wished they had listened to me now and not fatty who was ramping away like it was christmas.

[fatnacker] 22/11/2016 17:23

Now is the best time to buy, get in while you still can.

[fatnacker] 22/11/2016 17:22

Yep sold at 62p and watched the share price soar to 92p.

[neo26] 22/11/2016 15:50

peterpowell21

from your continuous negative posts one comes to the conclusion that you have lost a lot of money in VOG?

How much have you lost, since you have no interest here and posting alot?

Everyone has an agenda the longs will be positive and the shorts will be negative.

So whats the lingo with you?

[peterpowell21] 22/11/2016 15:49

there was a knock knock on the door a hour or so ago.
been hiding behind the the chair ever since.lol
what a gas it is posting here.
pardon the pun.

[peterpowell21] 22/11/2016 14:18

wonder if the FCA would be interested in someone that posted only positive when he held, then negative when he had sold, then positive when he bought back in.
i hate that kind of thing, don't you dean?

[fatnacker] 22/11/2016 13:34

Unsurprisingly you've missed the point prowler, I'll spell it out for you in terms you'll understand, "knock knock, who's there? It's the fca, can we have another word?"

[peterpowell21] 22/11/2016 12:42

could you also ask about this statement.
A revised production target of 12 mmscf/d by the end of December 2013 has been set, comprising 6.5 mmscf/d of thermal and 5.5 mmscf/d of power production.
as its almost des 2016 and they are only just doing those numbers now, was that creative writing. i know it says set but to miss it by so much seems...............
so far of the mark, 3 years off the mark.
i just cant abide this sort of thing.
again i will leave it to you.
you seem to be the man to get things sorted.