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VOG Victoria Oil & Gas Plc

3.85
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Victoria Oil & Gas Plc LSE:VOG London Ordinary Share GB00BRWR3752 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.85 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Victoria Oil & Gas Share Discussion Threads

Showing 51426 to 51442 of 60425 messages
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DateSubjectAuthorDiscuss
11/5/2019
10:23
good point fatnacker.

So the facts are they're still spending more than they're actually being paid - despite several hundred million spent/wasted of other peoples money to get here.

The directors are being paid a kings ransom to not get many additional sales/contracts signed and are not buying the shares at 13pence themselves.

So, tell me a compelling reason (rather than a complete punt) why at this stage anyone should buy the shares - based on facts and not prejudice ?????

noveckingood
11/5/2019
10:23
Lots of caution in Malcy’s tone of voice if’s but’s reason to believe. Nobody trusts these guys anymore which is a sorry state the new BOD have to deal with. They have to man up and keep putting their cards on the table.
FOO destroyed any credibility VOG may have had, a complete and utter snake!

dannythelark
11/5/2019
09:11
how can that be a good business model.?
deanroberthunt
11/5/2019
07:26
Eneo is not the problem, they are not getting paid either, ffs how can you make an Investment decision based on a complete misunderstanding of the situation.
fatnacker
11/5/2019
07:16
ENEO has not payed anything for more than 15 month now...Big profits for ENEO who sells electrisity
biggie3
11/5/2019
07:13
Not paying, in a country that of course is not to the bone corrupt...
biggie3
11/5/2019
00:17
Nice one Malcy, always spot on with your research - always accurate with your predictions on VOG - keep up the good work.

Thanks for taking the time and trouble to post this herman - very altruistic.

noveckingood
10/5/2019
19:04
Victoria Oil & Gas

In my abbreviated blog yesterday and after the disaster that befell it I promised to add to my comments on VOG, mainly to be honest as at that time I hadn’t had my conversation with CEO Ahmet Dik, I now have had that discussion.

Let’s take as read all the stuff about increased gas production, new customers and the strength of the balance sheet and the new board.

The market has been incredibly concerned that although the contract with ENEO was signed last December and sales started that month, that ‘invoices for gas consumed in 2019 worth $3.6m remain outstanding’. As part of the discussions with ENEO the two companies are working on a fully termed agreement including a bank guaranty which one might argue should have been signed before production but that is surely 20:20 hindsight.

Right now I have been convinced that once this is sorted, and I believe it will be, VOG will soon be paid for the overdue amount and then monthly payments thereafter in a ‘comfortable and regularised manner’. One of the reasons for this is that in the next few years ENEO will need significantly more power from VOG to the tune of 100-150 MW probably in 2020 and 2021 due to grid deficits that can already be identified. If they are going to use VOG and there is precious little choice, then they are going to have to start paying and quickly and regularly.

I may be giving everybody the benefit of the doubt here, I may be too trusting even after all this time, so shoot me, at this stage this is what I think will happen, after all it is only 3 months invoices unpaid and there are companies out there that have 120 day payment terms, just saying….no names…

hermanngoring
10/5/2019
19:04
Victoria Oil & Gas
In my abbreviated blog yesterday and after the disaster that befell it I promised to add to my comments on VOG, mainly to be honest as at that time I hadn’t had my conversation with CEO Ahmet Dik, I now have had that discussion.

Let’s take as read all the stuff about increased gas production, new customers and the strength of the balance sheet and the new board.

The market has been incredibly concerned that although the contract with ENEO was signed last December and sales started that month, that ‘invoices for gas consumed in 2019 worth $3.6m remain outstanding’. As part of the discussions with ENEO the two companies are working on a fully termed agreement including a bank guaranty which one might argue should have been signed before production but that is surely 20:20 hindsight.

Right now I have been convinced that once this is sorted, and I believe it will be, VOG will soon be paid for the overdue amount and then monthly payments thereafter in a ‘comfortable and regularised manner’. One of the reasons for this is that in the next few years ENEO will need significantly more power from VOG to the tune of 100-150 MW probably in 2020 and 2021 due to grid deficits that can already be identified. If they are going to use VOG and there is precious little choice, then they are going to have to start paying and quickly and regularly.

I may be giving everybody the benefit of the doubt here, I may be too trusting even after all this time, so shoot me, at this stage this is what I think will happen, after all it is only 3 months invoices unpaid and there are companies out there that have 120 day payment terms, just saying….no names…

hermanngoring
10/5/2019
15:07
Bring back FOO, Herman needs you!
dannythelark
10/5/2019
09:12
Well said Biggie3. T’would be nice to hear about when Eneo payment expected, how it will be made reliable and when we can get going with lng to avoid dealing with gov. funded orgs at all!
barony
10/5/2019
07:09
PS

I am such an "obnoxious obscene person" that you in the past have copied and pasted my thoughts on VOG form here to LSE !

What a loser you are.

hermanngoring
10/5/2019
07:07
Get a life Nov.

Go back to investing funds for other people.

You do make me laugh.

Clearly you don't like VOG so move on elsewhere.


Fight fire with fire ! LOL

You are billy big balls aren't you.

hermanngoring
10/5/2019
06:56
Not telling your shareholders for several months that you're not getting paid is criminal.

Especially after all of the previous dilution and value destroying.

noveckingood
10/5/2019
06:39
Not getting paid is giving away for free !
biggie3
09/5/2019
19:10
Herm, I’m not here to fight with you. Am I an experienced investor no, Did I trust FOO yes, am I a fool for trusting him yes!
Do I think he lied YES, do I think he screwed us all YES. So there you have your answer. Obviously looks like the new board feel the same with the suspension of royalty payments.

dannythelark
09/5/2019
18:59
PS

Your behaviour and language on here suggests to me you are NOT any sort of investment person.

If you are then I despair.

hermanngoring
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