Victoria Oil & Gas Share Discussion Threads

[m5] 14/5/2019 11:16

Ahhhh, I see, you are the only one entitled to an opinion, you must be right. Nothing in my above post that could be construed as ramping. I thought you would be on to something else, making another fortune before lunchtime, or out on the golf course with your clients. PMSL. I have not ramped just stated an opinion which may be right or wrong, we shall see.

Don't fall off that very high horse you might hurt yourself.

[noveckingood] 14/5/2019 10:47

Of course IQ5 you have to, you've been optimistic since you bought in weeks ago.

Even when the chart broke you stayed in and continued to ramp.

I'm getting critcised because I sold up and won't buy back until they start getting paid from their major customer - who is the fool here, those that get sucked in again by a bunch of complete charlatans or...

[johnmp] 14/5/2019 10:34

Normally companies do not go into such detail about when they get paid 30/60/120 days or by which buyer. The results should be sufficient, though, I feel that VOG are not being very friendly to its shareholders has not being paid by the largest supply in the past did effect the shareholders big time. I would expect an RNS when they get paid the first time (otherwise shareholders will know nothing) and only another RNS when they are no longer being paid on whichever 30/60/120 days cycle they are on? doubt though this will happen, VOG management do not talk to us low life shareholders, maybe to the big shareholders?

Good luck to all.

[dusty101] 14/5/2019 10:30

It needs sorting and quick. Here we are having issues over payments at 5mmscf/pday. Vog expect to reach 100/150 by 2020/21, assuming Eneo will be taking the majority of that gas.

[biggie3] 14/5/2019 10:20

Eneo = Cameroon Government?
So Republic of Cameroon making money on VOG gas ?

[dusty101] 14/5/2019 10:10

If Eneo have agreed payment terms with Vog why doesn’t Vog just announce it for clarification. Wether it’s 30/60/120 days, don’t see the problem if Vog get paid. Sadly though with Eneo history there’s a problem here and it not good. Vog won’t cut of the gas supply, they need Eneo taking Gas otherwise there stuffed. Just hope they get paid soon then.

[noveckingood] 13/5/2019 23:00

1. So they owe $3.6 million ALL from February ??

2. They paid up to February.

I don't believe either of these 2 - are you able to offer any proof or do we only have your totally impartial word for it ?? Bloke in the pub told me type facts !!

You were adamant that they were being paid for the gas a few weeks ago before the RNS, extremely adamant. To the point that you mocked people who questioned it. I believe you said they would have to issue an RNS if they weren't.

At least you're consistent Herman ... In your inconsistencies..

Anyway, if they don't sort it out soon you'll lose all of your investment in VOG

[avsome1968] 13/5/2019 22:10

Not a good day for VOG again today never thought it would sink below 13p, hit my stop loss set just under 13p sorry out of VOG now with 2 point loss just rules I set when I buy, if it keeps tinkering down near 10p might dip my toes in again, least my HUR stake compensated for my loss. good look to all still here hope it turns round.

[alangrifbang] 13/5/2019 20:54

I have a large holding here,but am looking for another cheap share to transfer the lot into,I am 80 years old and will have to wait till I'm 150 just to break even,I've never made my feelings truly known just how much I hate this lot and to think foo has cleared off with all our money ,he should be in jail,

[hermanngoring] 13/5/2019 20:45

"Unless you're commercially clueless and being paid $774,000 per annum to be that stupid (DIK)"


NOV do you ever read any RNS properly.

DIK is not on $774,000

He is on nowhere near this figure now since the 40/50% salary cuts..

Stop lying.

[hermanngoring] 13/5/2019 20:38

"They haven't been paid all year and should have declared the fact that they knew there was a problem"


100% wrong.

ENEO paid up until mid Feb.

[noveckingood] 13/5/2019 20:17

Let's ask the questions another way - did the BOD tell the guys that spent millions on bailing them out (yet again) via the recent placing that their biggest customer wasn't paying. Or are you saying the guys with all of the money wrote out the cheque without doing any due diligence (120 days payment terms - oh that's ok)

Did they spaff their millions without checking with ENEO whether they were going to pay for the gas that they were already using ?

Why would you give a company that has a hideous payment history 120 days to pay - you wouldn't would you ????! Unless you're commercially clueless and being paid $774,000 per annum to be that stupid (DIK)

[dannythelark] 13/5/2019 17:31

They should all be jailed. It’s all a set up with this lot to go bust. Scumbags the lot of them!

[hermanngoring] 13/5/2019 17:05

"Not being paid for a few months is one thing - knowing that you aren't going to be paid is entirely different."

You are a pillock.

VOG have not had ENEO payments for 3 months which is within the normal for gas sales therefore they did not need to RNS this info.

Who said VOG aren't going to be paid ? Stop lying.


VOG said last Thursday "Management expect payment shortly and is actively engaging with both ENEO and the Government to resolve this."

[noveckingood] 13/5/2019 16:17

Hahahahahaha of course you do.

Both facing the wrong way both dribbling...

[m5] 13/5/2019 16:13

smokyjoe, agreed.

[hermanngoring] 13/5/2019 16:02

SSE give big business big gas consumers 120 day payment terms in the UK FFS