Victoria Oil & Gas Share Discussion Threads

[deanroberthunt] 18/1/2019 07:25

they still make a book loss
there's virtually no growth in the gas sales...all this talk of demand in the region of 150m scuffs, and even after all this time they're not even doing 10%!!!
Matanda!! ...just a red herring, there's more than enough in the Logbaba wells for the next 4-5 years at least at the current rate of sales expansion
West Med is worth little
Plus we now have the OECD claim against VOG.

[the drewster] 18/1/2019 07:25

The issue is surely cash and cash management.

[johncasey] 18/1/2019 06:56

and compensation claim worth millions to VOG too

[mjones727] 17/1/2019 23:25

Market cap at £26 million is way too low considering:


2P number of 309 bcf of gas

52Km underground pipeline

Processing plant

35+ customers

Apart from ENEO ($6.75 mmbtu currently) all other customers paying $13-$16 mmbtu which is a great price considering the HHub spot price is $4 mmbtu

$20 revenue million already in the bag for 2019 based on current customer gas consumption

75% ownership of Matanda (which VOG got for nothing)

CNG ($20-$22 mmbtu) sales soon with no capital cost to VOG.

West med asset which has some value but is on the books at ZERO

[mjones727] 17/1/2019 23:20

in your opinion

[bengal1] 17/1/2019 23:03

Very sanely overvalued..

[mjones727] 17/1/2019 19:33

very insanely undervalued

[johncasey] 17/1/2019 19:18

i can remember when Foo said vog was insanely undervalued at 1p in old money or 40p..now its 17.5p..what would he call it now?

[mjones727] 17/1/2019 18:24

Going higher ???

[bengal1] 17/1/2019 17:53

Going lower?????

[paulmurphy777] 17/1/2019 17:33

Pricing in dilution which has the added benefit of making any price at which share issue can be gotten at lower. Same old Foo...

[mjones727] 17/1/2019 16:45

Persistent seller.

[m5] 17/1/2019 16:42

I have to say I am surprised this keeps going down. I really could not see anything that was overly negative in the report. Weird after that spike up to 28, we are now looking at previous lows.

[mjones727] 17/1/2019 16:32

Prowler

I post here links to relevant news info which is related to VOG.

[alangrifbang] 17/1/2019 16:08

It DOSENT matter what you post,just take a look at the price,honestly if it was as good as what you say surely it would double!

[mjones727] 17/1/2019 14:40

htt ps://www.proactiveinvestors.co.uk/news/details/212760/victoria-oil--gas-reveals-production-and-sales-boost-as-power-station-supply-resumed-212760.html

[deanroberthunt] 17/1/2019 12:44

it hit an intraday high of 29p on the gas to power renewal the other week.

[mjones727] 17/1/2019 12:31

Consistent seller of stock for weeks in VOG.

[neo26] 17/1/2019 12:29

Why it fall in morning?

[mjones727] 17/1/2019 12:24

They were 30p back in Jan 2017 not recently.

[deanroberthunt] 17/1/2019 12:16

AMER.

this has retraced from almost 30p to 16p.....technically, must be due a bounce

[mjones727] 17/1/2019 12:10

whats the hot money in now drh ?

[deanroberthunt] 17/1/2019 12:07

Fatty? you having a dibble here ?

[deanroberthunt] 17/1/2019 11:42

Just thought of an apt song by Morrissey.

"You're the one for me, Fatty"