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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.365Bid: 1.36Ask: 1.37Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 0.01Spread as %: 0.74%Open: 1.34High: 1.38Low: 1.34Yesterday’s Close: 1.365


Share Discussion for Victoria Oil (VOG)


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mrJimV
Posts: 7,843
Off Topic
Opinion:No Opinion
Price:1.50
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RE: delayed payment.
31 Oct '14
You still keep coming on here with all your rubbish talk , you seem to have some grudge with VOG and keep getting it all wrong , I remember you kept spilling about Grimm wont have to pay any money to VOG post after post trying bto scare off investors then you came out with a load of crap about VOG will have to pay customs for the gensets again trying to put off investors , now you are talking a load of crap about customers not paying , if they are behind then VOG has all the right to cut them off supply , this happened a while back 2 customers had to be shut off and when payment was made VOG turned them back on ,
You need to worry about Fjet they will be diluting again before you know it with billions more the way their sp lately you need to worry about your own PF .
 
sence2
Posts: 4,794
Off Topic
Opinion:No Opinion
Price:1.50
View Thread (3)
delayed payment.
31 Oct '14
A few customers are not up to date with accounts payments;We do not hear about the bad debt ratio.
Orapaboy
Posts: 121
Off Topic
Opinion:No Opinion
Price:1.50
Ig interview
31 Oct '14
Apologies if already mentioned but there is an interview with foo done by igindex:
mrJimV
Posts: 7,843
Off Topic
Opinion:No Opinion
Price:1.50
View Thread (3)
RE: Is it me or what ?
31 Oct '14
Oh and the foundry doesnt use 2.5 scuffs , a few of the connections are below target which were stated before using gas , that is why VOG is not giving any targets what companies gas consumption until they are online and have been using the gas to get a more relyable useage .
mrJimV
Posts: 7,843
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Opinion:No Opinion
Price:1.50
View Thread (3)
RE: Is it me or what ?
31 Oct '14
Mr.B
The cement works is Dangote which should be online soon , they have had the delays like VOG has and the Foundry is the Glass foundry that we all thought was a metal foundry , hopefully we will be connecting Dangotes power if they do get a genset from General Electrics .
Mr.B
Posts: 151
Observation
Opinion:No Opinion
Price:1.50
View Thread (3)
Is it me or what ?
31 Oct '14
10 Oct'13 Trading and Operations Update -

Gas Distribution and Production for 2013

Achievement of our 12mmscf/d target has slipped into next year. That forecast was largely based on four significant projects that will consume 9.66mmscf/d but are delayed for various reasons as detailed below.

1. A large foundry: Ongoing plant expansion needing 0.4mscf/d for thermal and 10MW of base load power will not be completed before the year end. The foundry will go offline in December as it reorganizes its facilities and is planned to be back on line in January 2014. RDL has completed the pipeline network to this site.

Deferred Production: 2.5 mmscf/d

2. Cement Plant construction to use 10MW of power: This company has undertaken significant construction work and RDL has commenced the 1.6km pipeline to connect them to the network. This pipeline also takes us to the Wouri River crossing launch site. Our pipeline will be constructed by the end of November however the cement plant is now expected to be operational in Q2 2014.

Deferred Production: 2.16mmscf/d

Can someone tell me which business was the 'large foundry' using 2.55 mmscf/d ?
I thought the cement factory was going to use 0.5 mmscf/d ?

Are the above figures correct or is FOO getting his numbers mixed up with his lucky dip lottery no's ?
PottyTime
Posts: 4,099
Off Topic
Opinion:No Opinion
Price:1.50
A Flash Tide but be Bold
31 Oct '14
That ~18% rise didn't last for long. Like a decent Marks and Spencer loaf left lying on a beach- it soon got nibbled away. Daft me for expecting a further rise the next day. I see our 700 k friend is taking the tide out again.

Welcome to the board Crowman, there are sure some Worzel Gummidge fans here at Scatterbrook Farm. Happy profit hunting ;)
Blonde-ad
Posts: 19
Off Topic
Opinion:No Opinion
Price:1.50
$/scuff
31 Oct '14
Appears to average about $14/scuff assuming the increase from 2-3.2 over the last financial year is averaged out. On that basis, moving between 4scuffs (present) - 6 scuffs at year end (very rough assumption), and taking an average of 5 or thereabouts, this would lead to a revenue increase of around $11.5m/yr.

Which would put them well into group profit, I think.
PhotographerTLP
Posts: 604
Off Topic
Opinion:No Opinion
Price:1.50
Blonde
31 Oct '14
Yes that's true. But Voger says break even has been moved so my question remains. I am of the belief that group break even is 4.2 scuffs and that it has not been changed in all time I've been here (3 years) so what is it now if it's been changed? I don't remember it being changed do you?
Blonde-ad
Posts: 19
Off Topic
Opinion:No Opinion
Price:1.48
it's not that tricky
31 Oct '14
GDC achieved operational break-even on a cash flow basis in February 2014, with an average 3.2mmscf/d production rate achieved. The production rate was reached upon successful connection of SOCAVER.



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