Victoria Oil & Gas Share Discussion Threads

[peterpowell21] 11/11/2017 10:59

Fatty

why don't you just grow up.
Have you still not taken your position here then.
Clown.

[peterpowell21] 11/11/2017 08:11

TEM

nice steady rise is the way to go.
But i agree about which way this is going, up.

[temmujin] 10/11/2017 17:56

this will rocket monday been told

[fatnacker] 10/11/2017 17:37

I recon the price will be reflected in the contract size and term.

[highasakite] 10/11/2017 17:12

dan de lion

Price for power contracts will be $7.5 ish.

[highasakite] 10/11/2017 17:11

Some stonking buys reported after the close that took pace during the day at 59p. Clearly all buys.

[clunes100] 10/11/2017 16:49

Dan, you are right, given fixed costs and margins, as revenues rise, profits should rise exponentially.

[dan de lion] 10/11/2017 16:28

Nobody is mentioning how big the numbers become if GDC start supplying in excess of 40 scuffs a day, even at $9,000 per 1 MMscf we will be pulling in approaching $140 million a year inc condensate sales, most of that going straight through to the bottom line.

[donald trumpton] 10/11/2017 15:56

Doubt he would comment publicly on that!

[highasakite] 10/11/2017 15:54

I think he meant his hair.

[donald trumpton] 10/11/2017 15:51

Kevin has recently commented that his VOG is a "spikey" stock to hold.

[highasakite] 10/11/2017 15:45

Never thought I would say this Prowler but the way you are heading I might consider you a buddy soon.

[peterpowell21] 10/11/2017 15:39

HAAK

i agree, probably like many been burnt here and sold.
I add myself to that list. But sometimes you have to not look back and look at the future. I think the future looks very bright here now, i was not going to miss a chance to get on board just because of the past.

[highasakite] 10/11/2017 15:36

They have already started the proc plant upgrade. VOG are not hanging about.

[peterpowell21] 10/11/2017 15:32

Starting to move up now ready for the EGM on monday.
Will be good to get that out the way so they can then start the next phase.

[highasakite] 10/11/2017 15:29

The negative posters on VOG are the usual suspects who own no shares but are obsessed with the company.

[peterpowell21] 10/11/2017 15:25

There is a lot of negative comments by many posters on here and other BB's.
The fact that growth is forecast to be over the next few years is quite normal.
They have now set the foundations down with the two new wells. You need to have a good foundation to start the superstructure.They now have that, along with a nice income from where they sit today.What we need are those contracts signed with letters of intent. The rest will then all start to fall into place.
Yes it might take time to get there, but they will be adding to gas sales over these years. Its not a case of having to wait 3-4 years for the income to start flowing.
Look at SXX Sirius Minerals, years away still from production,not even started the construction yet. But they have investors that know its not going to happen over night, yet they still have a M/C of 1,297m pounds.
I am not comparing the two, just that some invest for years, some want instant results yesterday.
Any long termer that has waited this long would be mad to sell on coming news. AIMO

[highasakite] 10/11/2017 14:48

my pleasure Prowler.

[peterpowell21] 10/11/2017 14:46

HAAK

thank you for that link, very interesting.

[blue sky territory] 10/11/2017 12:04

Stonking Buy at these levels. Don't be fooled by nay sayers.

[highasakite] 10/11/2017 11:44

Condensate is a by-product of gas sales and production of such will only increase going forward.

Also the price of oil is bouyant at nearly $65 a barrel which is also great news.

Condensate sales should also increasing massively.

[deutsch3] 10/11/2017 11:40

Does anyone know or have a view ........Has any value or revenue from condensate been factored into recent new well production forecasts? Also does current activity still generate condensate revenue?

[highasakite] 10/11/2017 11:39

Prowler

Timelines and scuff forecasts are all in the recent placing RNS pdf.

The only thing missing is the pricing.