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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Victoria Oil & Gas Share Chat (VOG)



Share Price: 34.125Bid: 33.75Ask: 34.50Change: -0.125 (-0.36%)Faller - Victoria Oil
Spread: 0.75Spread as %: 2.22%Open: 34.75High: 34.75Low: 34.00Yesterday’s Close: 34.25


Share Discussion for Victoria Oil & Gas


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3cardbrag
Posts: 1,894
Off Topic
Opinion:No Opinion
Price:34.125
Bigsmoke
Today 19:06
Hopefully last two posts will be considered objectively by certain posters and not just dismissed as trolling.
 
3cardbrag
Posts: 1,894
Off Topic
Opinion:No Opinion
Price:34.125
Bigsmoke
Today 19:03
Following on from this, the BOD seem to be delighted that they have met their target of year on year overall consumption, albeit that the increase has come from lower priced grid power. Once again this brings to the fore the conflict of having a chairman who benefits more from volume than profits and makes one question just why we are not pushing harder for the $16 hook-ups.
3cardbrag
Posts: 1,894
Off Topic
Opinion:No Opinion
Price:34.125
Bigsmoke
Today 18:57
I think the list you refer to was actually posted by another poster. Having said that I have revisited the map and also the last quarterly update and connections update and, quite apart from the fact that consumption at Q3 (excluding grid power) was lower than previous Q3, it is also interesting to note that the anticipated consumption from the new 7 connections will on average be approx. 60% lower than the average for the existing 26 consumers. ie average 0.085 mmscf/day as opposed to 1.4 mmscf/day.
That suggests to be that perhaps we are struggling to bring the larger premier league businesses on board and therefore going after the division 1 and 2 customers. If that is the case and nothing necessarily wrong with that (any port in a storm etc), then I think it's fair to say we need to be signing up a lot more than we are doing on the Bonaberi side to cover the huge investment we have made there.
Siliv
Posts: 1,181
Observation
Opinion:Buy
Price:34.00
RE: Biggy
Today 16:50
Big - Maybe Foo's daughter is doing Dry January and has gone to a Spa to get over the excesses of Xmas.
banjomick
Posts: 1,058
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (2)
Targets
Today 16:11
The Q4 2016 Operations Update which is due possibly this week, will indicated whether this target was met:

"In early 2016, we stated our objective to increase gas volumes sold to customers in 2016 by 30% above 2015 levels. During the twelve months to 31 December 2015, total gas sales of 2,868mmscf were achieved. Having sold 2,282mmscf in the first six months of 2016, we are on track to reach this target."

http://www.victoriaoilandgas.com/investors/annual-interim-reports/interim-results-30-june-2016
bigsmoke
Posts: 2,287
Off Topic
Opinion:No Opinion
Price:34.00
RE: Biggy
Today 16:11
3cardbrag
Posts: 1,894
Off Topic
Opinion:No Opinion
Price:34.00
Re: a motion to sack the board
Today 15:45
Only difference is it wouldn't affect the royalty issue.
keith1
Posts: 2,766
Off Topic
Opinion:No Opinion
Price:34.00
back to pre rns level i see
Today 15:37
i expected us to reach that target two weeks ago
but better late than never
and still below our consolidation Price
which due to what has happened in between
makes one wonder,wtf is happening
and why,one answer
bod
all Information for year,s
Grey information
banjomick
Posts: 1,058
Off Topic
Opinion:No Opinion
Price:34.00
RE: Biggy
Today 15:06
The Q4 2016 Operations Update is due this week going on last years..

Any 'vision' will possibly be via '2017 Outlook' the 2016 was end of January last year.

http://www.victoriaoilandgas.com/investors/news/2016-outlook
banjomick
Posts: 1,058
Off Topic
Opinion:No Opinion
Price:34.00
View Thread (2)
RE: Biggy
Today 15:01
Customers currently online or scheduled to be online in January, all using gas for thermal use, include:

•    Maya & C              Palm oil refinery
•    OK Foods             Biscuit and sweet manufacturer
•    Agrocam              Specialists in poultry hatchery, egg and corrugated carton packaging
•    NAYA                   Food processing
•    BATOULA             Plastic processing
•    BOCOM                Car battery recycling and steel products
•    Camaco                Cocoa processing

http://www.victoriaoilandgas.com/investors/news/thermal-customer-connections-and-drilling-update-cameroon




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