Victoria Oil & Gas Share Discussion Threads

[peterpowell21] 25/6/2018 13:36

dian

have you seen the share price today again.
Down again.
Have a good laugh at that.

[dianecarberry] 25/6/2018 12:46

"$10m loss, last year $30.m profit, cough, cough."


Still laughing at this Prowler classic from yesterday were he mentions a $30 million profit.

LOL

Its his best yet by far.

[hopeful holder] 25/6/2018 11:59

So much potential here but we just need to recover and stabilise. A very precarious situation.

[fatnacker] 25/6/2018 08:50

Quick trade, investment, gamble, same thing.

[sleveen] 25/6/2018 08:34

More of a quick trade than an investment. As we know even if the ENEO contract restarts VOG will make a loss of around $20m in 2018.

GL.

[fatnacker] 25/6/2018 08:00

Sleveen on the contrary, your post 42648, surely it's you doing the slagging? the investment case is like any other investment case it's a risk, the downside being unless eneo restart consuming in the near future a cash injection will be needed, the upside being eneo restarts consuming and/or other large consumers will be signed up, either you think it's worth the risk or you don't, at this level I do, I've re invested, again because I'm willing to take the risk.

[dianecarberry] 24/6/2018 12:42

"$10m loss, last year $30.m profit, cough, cough."


Still laughing at this Prowler classic from yesterday were he mentions a $30 million profit.

LOL

Its his best yet by far.

[peterpowell21] 24/6/2018 11:28

26 August 2016

Victoria Oil & Gas Plc

("VOG" or "the Company")

Â

RSM and VOG Arbitration

Â

VOG notes a recent media article in Cameroon and can confirm that on 22 July, 2016, RSM Production Corporation ("RSM") filed a request for arbitration with the International Chamber of Commerce ("ICC") regarding the rig and drilling contractor selected by VOG to conduct the drilling of two new wells at the Logbaba project. Separately, on 29 July, 2016, RSM filed a complaint and application for injunction with the U.S. District Court for the Southern District of Texas in which RSM sought a temporary court order to halt the drilling operations while the arbitration proceeds. On 12 August 2016, VOG and its subsidiary, Gaz du Cameroun, responded to RSM's application for injunction, pointing out that RSM has approved the operations (including the rig and drilling contractor), the rig was in Cameroon being assembled, and therefore an injunction was not warranted.  On 16 August, 2016, RSM withdrew the request for injunction and dismissed its complaint.

Bet even grimm regrets getting into bed with Foo.

[peterpowell21] 24/6/2018 11:21

Dian

Who is paying for these gensets that have just been sitting there for the last 6 months. There partner? now who is there partner. ENEO ? no its VOG.
And no its not a lie, its true.

[peterpowell21] 24/6/2018 11:14

Sleveen

there is no investment case for him to share.
Thats why most of his post are either defending foo, or attacking any poster that posts the reason why it is a mistake to invest here.
There only come back is, your lying. lol.

[dianecarberry] 24/6/2018 10:55

"$10m loss, last year $30.m profit, cough, cough."


Still laughing at this Prowler classic from yesterday were he mentions a $30 million profit.

LOL

Its his best yet by far.

[peterpowell21] 24/6/2018 10:52

Yes i have shares and Ig positions in MTL, BP, SHELL, ROLLSROYCE, Vast, anglo asian, hummingbird.
Feel free to comment.
In fact feel free to post your company holdings.
I know fatty posts on UKOG, i have to say, another dog that he cant seem to see.

[sleveen] 24/6/2018 10:52

fatnacker

Rather than slag me off, why not state the investment case for VOG.

That's what the bb are for (mostly).

[dianecarberry] 23/6/2018 21:13

"$10m loss, last year $30.m profit, cough, cough."


Still laughing at this Prowler classic from yesterday were he mentions a $30 million profit.

LOL

Its his best yet by far.

[temmujin] 23/6/2018 20:13

ENEO to resume payments shortly

[fatnacker] 23/6/2018 19:20

Yes, he "got them on ig" if my memory serves me.

[fatnacker] 23/6/2018 15:06

Bet you wish you hadn't sold at 62p only to watch the share price hit 92p very soon afterwards.

[peterpowell21] 23/6/2018 13:42

Fatty

BET YOU WISH YOU SOLD WHEN I DID At 62P. ha ha.
Yes a loss but it feels like a massive win now.
Boy did i miss a bullet selling out of this then.

As for MTL, well i am even more confident with you saying you would not invest there.
As for you, your record here shows you are blind to facts.
But keep posting how well this is doing, as you seem to never know when to pull the plug.There WILL be more pain here for you. Again you have the facts in a RNS and are choosing to ignore them again.
A big loss on your best year, and a massive loss coming for the last 6 months.
The chairman basically saying even with a placing they could only have one year left.
Whats not to like. You must be almost wiped out here by now, so you have nothing to lose. Its just the other poor people you are trying to take down with you i feel sorry for.

[fatnacker] 23/6/2018 10:20

And that gentlemen is why you're both two time losers here at vog, clearly you're both still emotional over your losses, your pain will only increase when you clock another loss with mtl.

[sleveen] 23/6/2018 10:08

pp21

Sadly I have to agree with your last sentence.


2017 was VOG's best trading year and it made a $10.7m LOSS.

The first 6 months trading of 2018 is without it's best customer responsible for around 70% of sales.

So the LOSS for 2018 is going to be about $20-25m and cash is going to be consumed.

No bank will make a loan to a company when there is no way of repaying it.

A placing is inevitable.

[peterpowell21] 23/6/2018 09:20

fatty

You mean like the societe generale commitment foo said that was in place, only to find a week later he does a massive discount placing for $23m.

Or do you mean when he said they were full funded for the wells and then hit investors for another $23.5m, but we now know that was done just to keep the lights on.
He does like a placing our mr Foo. the thing is he has moved up a gear from asking for around $9m a time to $23m plus a time.How much and at what price the next one?

So if you can't see what he is saying in the latest RNS you are blind or stupid.
I think in this case again you are both.

[fatnacker] 22/6/2018 20:20

Sleveen, nowhere does it say or imply there will be a placing, that's your interpretation, in fact the implication is further borrowings.