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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.70Bid: 1.67Ask: 1.71Change: 0.08 (+4.94%)Riser - Victoria Oil
Spread: 0.04Spread as %: 2.40%Open: 1.64High: 1.70Low: 1.63Yesterday’s Close: 1.62


Share Discussion for Victoria Oil (VOG)


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banker2
Posts: 60
Observation
Opinion:No Opinion
Price:1.34
rns due
23 Jul '14
soon readi

Crossing of the Wouri River by Britanica is now due to commence in July following delays awaiting necessary Auger parts that have now been received. The Auger has been set up and all equipment is currently undergoing commissioning and testing. Britanica's steering engineer and technicians are due to arrive on site at the end of this week. Preparations on the West side of the river to accept the shot have been ongoing since June. The pontoon to carry the pipe on the river is on station and the pipe is in place ready to commence welding.
ng this.......
 
Khonkaen
Posts: 69
Off Topic
Opinion:No Opinion
Price:1.34
Foo
23 Jul '14
Voger why be another pinokio,give it as it isn,bull s--t billy
voger
Posts: 5,982
Off Topic
Opinion:No Opinion
Price:1.34
why the drop?
23 Jul '14
well i see it like this,
foo said depending where you read or listen, that grimm will have to pay $10-20 mill,
not a bad spread that.
now depending how you read the statement re start of audit it could have started Q1 or Q2.
very muddy water as usual
Then we hear the finance director does a runner.(not with our money i hope)
so what would any sane person think.
just add 2+2 and you get 4 your right
add 2+2 and get 5 your wrong.
i get 4 so can see that there is a problem,
result now slipped into Q3 or Q4
but whats a quarter here or there, par for the course.
voger
Posts: 5,982
Off Topic
Opinion:No Opinion
Price:1.34
i will try and be more positive
23 Jul '14
when there is some news to be positive about.
and i don't mean news of jam tomorrow.
until then, if someone wants to tell readers how good things are going to be, because foo has said this or that is going to happen in the future, i will balance that out with facts that what he has said in the past did not happen.
only fair if you ask me.
PottyTime
Posts: 3,957
Off Topic
Opinion:No Opinion
Price:1.34
Wartsila
23 Jul '14
Export some of that increasing gas supply nationally or internat'.

(Wartsila are testing QFI's emulsion too for their engines. Keep on your watchlists imo dyor etc).
PottyTime
Posts: 3,957
Off Topic
Opinion:No Opinion
Price:1.34
View Thread (2)
RE: anyone
23 Jul '14
The drill site is between Ian Mbeales chip shop and the Ocean Finance concession (masters at consolidations ) run by Kato Clouseau and his wife, Edith Pith.
naks
Posts: 1,648
Off Topic
Opinion:No Opinion
Price:1.34
View Thread (4)
RE: Voger ,jimv
23 Jul '14
JRich20020 i think you are wrong from RNS 24th January 2014 quote

'The audit will be undertaken by an independent auditor, jointly instructed in accordance with the terms of the Operating Agreement. The audit is to commence in Q1 of 2014 and be completed within 90 days.'

this means last day of March to me.
JRich20020
Posts: 166
Observation
Opinion:No Opinion
Price:1.34
View Thread (4)
RE: Voger ,jimv
23 Jul '14
Dave,

If Grim is jointly instructing the auditor he will be bound by the outcome and will have to pay whatever the audit report says is due or back in default.

Note the extract below from the interim accounts. April could mean any time to the end of the month. Hence 90 days will be the end of this month. Allow 4-6 weeks to issue report, it will most likely be September before cash is received.

"The audit is due to commence in April 2014 and will be undertaken by an independent auditor, jointly instructed in accordance with the terms of the operating agreement, and will be completed within 90 days of commencement."

ATB



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