Victoria Oil & Gas Share Discussion Threads

[sparty1] 04/11/2023 16:05

I hear Kev`s giving a 5th of November Pool party Danny. Perhaps you could be the pool "Guy~" and take some gunpowder...
Use a long fuse...

[dannythelark] 04/11/2023 12:50

Kevin Foo was the start of the rot in this company. His lies, manipulation and sheer selfish greed gave the company no chance. I'll never forget the lying, thieving brastard. Not a word from the current board, just bowling along with no regard for the shareholders that have been robbed for years.

[sparty1] 30/10/2023 17:12

where`s that arch ramper RaY fENN...?

Probably following his pub team Wrectum.

COYS
Top of the PL.

[sparty1] 27/10/2023 13:15

VOG just concerned with keeping the trough full! To hell with the shareholders. That story by the way needs updating..
LSE board still exists but it seems everyone has given up.

[totally banjo] 25/10/2023 19:05

Rebar: producers agree to lower prices, despite soaring energy costs

"Indeed, since May 2023, about twenty companies using natural gas as a backup energy source in the face of recurrent power cuts in Douala's industrial zones, including rebar producers, have been engaged in a tug-of-war with the company Gaz du Cameroun (GDC). This British oil and gas operator has decided to proceed with a 20% increase in the prices of its product, theoretically since 1er June 2023. However, industrialists are opposed to this, supported by the Ministry of Trade, which denounces a unilateral decision by GDC, on the sidelines of the regulatory procedures in force in this area in Cameroon.

But, despite the government's injunction to suspend its tariff increase measure, and to enter into negotiations with the State as required by the regulations in terms of tariff increases on the domestic market, GDC is not giving up. The local subsidiary of Britain's Victoria Oil & Gas (VOG) is now threatening to suspend supplies to customers who do not comply with the new tariffs incorporating the 20% increase."

hxxps://www.investiraucameroun.com/gestion-publique/2310-19873-fer-a-beton-les-producteurs-consentent-une-baisse-des-prix-en-depit-de-l-explosion-des-couts-de-l-energie

[sparty1] 25/10/2023 18:29

VOG ....RIP .. Shareholders have been "Fenn" estrated.

Good old Roy , Fenns mate still drawing a salary though.I wonder how long he can drag it out. It`s not like he is a major shareholder.

[sparty1] 04/10/2023 11:22

big brown envelope..or maybe another party...the last one cost a fortune.

[biggie3] 03/10/2023 20:25

hxxps://www.businessincameroon.com/sector-energy

What should the President receive to not-oppose the 20% price increse?

[dusty101] 03/10/2023 19:56

Happy to chip in if it brings Foo down.

[biggie3] 03/10/2023 19:24

Let’s fund a class action against al former members of the BOD.

Make them poor again!

[biggie3] 03/10/2023 19:20

Companys House:

[totally banjo] 03/10/2023 00:13

Well I have £17k invested or should I say 'had' as it looks like I was conned! Not happy but learnt a very important lesson all be it a very expensive one!

[sparty1] 02/10/2023 22:29

I`m sure Ray Fenn AKA sheepshagger /aka rf68/ aka wrectum expectum would be happy to...but he has gone missing..
It seems defending the car crash has gone beyond him.
Use the link I posted re LSE board . Latest story is VOG has defied government in Cameroon to issue big price rises...
Not going to go well....

[dusty101] 02/10/2023 21:08

Hi all. Can anyone post a link to receive updates from Vog. Cheers.

[sparty1] 02/10/2023 18:33

You lose much Biggie? I lost a few hundred selling the lot many years ago. The penny dropped it was a lifestyle benefit company for everyone except the PI.
Shocking.

[sparty1] 02/10/2023 09:36

yep the City furks you over while investing there while directors fill their pouches then when admin comes they do you over again..If nothing happens soon Roy (Ned) Kelly will be jumping ship soon....looking fot another trough.

Cannot say the ultra optimists on here were not warned.

[jam2day] 01/10/2023 16:34

£444 per hour what ever is left ( zero) they will get their monies first

[sparty1] 26/9/2023 17:29

Biggie

Roy Fenn will be on soon guiding you all on how to lose your money...er I mean more money.

[biggie3] 26/9/2023 13:34

Is it another play, so that the Cameroon government can revoke the permit and completely nationalize GDC?

At the very least, you expect a little explanation that costs have also risen enormously for GDC, and that a price increase is therefore justified in any case, and one could perhaps debate whether 20% is reasonable, or, for example, 15 % etc.

[sparty1] 26/9/2023 10:44

Industrial gas: GDC announces supply cut for industrial clients opposed to 20% price hike

(Business in Cameroon) - Gas supplier Gaz du Cameroun (GDC) is still defying official orders to suspend its price-hiking decision. Indeed, after a meeting held on July 13, 2023, in Yaoundé, the Minister of Commerce Luc Magloire Atangana ordered the suspension of GDC’s plan to increase the price of industrial gas by 20%. In its June and July 2023 invoices to clients, GDC went ahead and applied the 20% price hike, overlooking government orders. It is now threatening to stop supplying industrial companies opposed to the price hike.

In an e-mail sent on August 22, 2023, to the executives of the thirty or so industrial companies it supplies natural gas to in the Douala-Bassa industrial zone, GDC announces the decision will become effective on September 1, 2023. If the companies concerned fail to pay the 20% surcharge on their June and July 2023 invoices, they will have to submit a request for direct negotiation with the gas company. The 20% surcharge demanded by GDC represents the proportion of the tariff increase, since, according to sources close to the matter, industrial companies continue to pay their consumption at the initial tariff in respect of the government’s decision to suspend the price increase unilaterally decided by GDC.

Fruitless negotiations

According to our sources, the discussions held in recent weeks between GDC and the union of industrial gas consumers have proved fruitless with the gas company showing its resolve to implement the price increase despite the government’s order. According to an executive of one of the industrial gas consumers, by seeking direct discussions with each of its customers, the Victoria Oil & Gas subsidiary hopes to create fault lines within the Industrial Gas Consumers Group, which is firmly opposed to the rate hike. The disunity caused could weaken the protesting bloc, we learn.

More.........

hxxps://www.businessincameroon.com/energy/2308-13356-industrial-gas-gdc-announces-supply-cut-for-industrial-clients-opposed-to-20-price-hike

[dusty101] 25/9/2023 22:55

Hi all. Has anyone heard anything/updates lately as I tried to register with a link posted on here but no success. I’m assuming Vog still has some existence.

[sparty1] 14/9/2023 09:51

You missed out "rich"