Register
Login:
Share:
Email Facebook Twitter

VOG Share Chat - RSS Feed

Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.375Bid: 1.32Ask: 1.43Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 0.11Spread as %: 8.33%Open: 1.30High: 1.40Low: 1.30Yesterday’s Close: 1.375


Share Discussion for Victoria Oil (VOG)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


spindok
Posts: 7,208
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.68
View Thread (2)
ShareCare
23 Sep '14
Once all the pipes are connected and the infrastructure is in place this will run for 20 YEARS... Whats a few more weeks or months..
 
mrJimV
Posts: 7,651
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (7)
RE: rns
23 Sep '14
Reading into all your posts I see trouble .
ShareCare
Posts: 16
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (7)
RE: rns
23 Sep '14
Come on. No-one can possibly argue that VOG is not under-performing????
mrJimV
Posts: 7,651
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (7)
RE: rns
23 Sep '14
Sharecare care , Vog is not underperforming , britannica put a pilot hole through no problem , they were reaming out and hit hard rock and burnt out the bit , they have connected a reinforced bit now and will ream out which will take the time as it is a slower process but will be completed in the next few weeks , if you dont like drilling then you should invest in a different type of stock ,
ShareCare
Posts: 16
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (7)
RE: rns
23 Sep '14
But why should you wait 'as long as it takes'?

You / we all invested money on the basis of the deadlines that the BoD set ......by now the company should be flying & we should all be a lot wealthier.

They have persistently under performed!
rodlin
Posts: 2,359
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (7)
RE: rns
23 Sep '14
So, nothing has changed. Really?? I first invested when there were only two newly completed wells. Since that time I have witnessed a processing plant being built, kilometres of pipe being laid, customers coming on stream. Yes, things are way behind schedule but I'm happy to wait as long as it takes.
get_rich_quick
Posts: 3,801
Off Topic
Opinion:No Opinion
Price:1.68
2nd team.
23 Sep '14
I suppose you could argue (glass half full and all') that at least Britanica have brought in a second team to begin laying the pipework to the new customers.

Whether they were brought in a long time ago or just now, either way, I'm sure they want to complete as much as we do.

" In addition to the river crossing, a second Britanica team, using a smaller horizontal directional drilling machine, will be laying 400m of pipe into the Magzi Estate and finalising the connection from the main line to the river crossing entry point. These ancillary works are expected to be completed around the same time as the river crossing and accordingly, once the river crossing is complete, the first 3 customers at Magzi Estate are expected to commence consumption of gas. "
oldtimer
Posts: 2,217
Observation
Opinion:No Opinion
Price:1.68
View Thread (7)
rns
23 Sep '14
Like many on here we have been patiently waiting some 3-4 years for the truth and profit, we do get rns’s from time to time just like today but any reasonable company would off set some delays / bad news with some snippets of good news ie, more customer connection or increased scuffs etc etc. BUT NOT vog.
Many on here have / do say nothing has changed the fundamentals are still good the profit will come and we just need to sit tight a bit longer.
Well they are correct nothing has yet changed, after 3-4 years we still haven’t started making a profit for vog in total, we still haven’t connected enough customers ,we still haven’t delivered enough scuffs as planned.
For all those new comers just invested will you be saying the same things in 2-3 years time.?
NorbertDentressangle
Posts: 5,433
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.68
View Thread (4)
RE: rns
23 Sep '14
So be it, the contractor may have a penalty to pay, if not then we wait another couple of months before it is commissioned. It's not the end of the world fella
get_rich_quick
Posts: 3,801
Off Topic
Opinion:No Opinion
Price:1.68
No dilution / email.
23 Sep '14
I've been out for the last hour and I believe its encouraging to see that the market has recognised that this company does have legs and real value; - it's just a shame the legs tend to be wobbly every now and then but today's news isn't as impactive as many believe.

I penned a polite email to the Bod about the delay and here is my reply;

"Thank you for your sensible email.

As you mention difficulties happen sub-surface but it is a frustrating delay.

The audit process progresses well but Im sure you can appreciate it is a sensitive process, there will be news though on the final recommendations by Deloittes. Further dilution is not on the cards.

Kind regards,

Laurence

Laurence Read"



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.