See the NWO story has coming to a head today...now that is volatility!
Not sold a bean in VOG now for quite some time, and am locked in to some extent with vol held. Story has just got batter each month and the sp has risen to shorter term all time highs and is now retracing a tad. To be expected.
The main story to my mind re sp is that the movements have been on small volumes, so to buy or sell at current levels will only be for a small holding. Try buying more than NMS then MMs will stick price up and ditto selling, so in some ways a notional exercise.
We wait for some news and could be further company changing such as CNG, Dibamba or even drill plans or...not!
its hardly surprising given the track record over the last five yrs re sp that is,but sooner or later the tide will turn although i see it being later last bottom on this was 65 i think and unfortunately that could be broken this week atb
I could top up at 70p to bring my ave down but I bet it goes to 67p today and then take 2 months to come back. But I think I will wait until it hits 67p later today, but by then it will be to 72p Sod's law.
I am already 64, but was only 44 when first invested in vog, or just seems like it. The BOD don’t seem to be in any hurry to tell us what’s going on with customers, The last up-date was really back in December when they told us about the 3-4 new customers being connected and they said then that they would come back and tell us what gas they were using when it had time to settle down, well that’s now 5 months of taking some gas I hope but still nothing from the company. It seems that those 60 odd potential new customers might have only been wishful thinking. (dream customers).
I tend to be a year trader. This is the time it usually takes for the immediate fall after I have bought them to recover and show enough profit to cover the dealing charge!! Buy in lots and sell in lots.. The lot I bought today has a target price and unusually so far I have not fallen off a cliff... Ahhhhhh! Patience is needed Ps I have lots in other old dogs that are still sitting waiting from 2014! and 2009!!
Will be get an Annual Report on 31 May 2015? The 2013 AR states "At October 2013 we have 19 customers and a further 17 signed GSAs" Map at: http://www.victoriaoilandgas.com/sites/default/files/VOGAR13_Web.pdf. Clients are identified as: CICAN 1 & 2, Metafrique, Imperial Foods, Prometal, HACC, Plasticam SA, BSF, Camlait-Ndokoti, Camlait-Bassa, SABC - Ndokoti, Laminoir, CCC, Guinness, Chococam, SCDM (Tropic), UCB, FOB Metal, Solicam with Sonara on condensate. It then says there are 64 potential customers. How about an update on the conversion of the 64...
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