Victoria Oil & Gas Plc Share Chat (VOG)

capt see you are predicting things that have already occurred. the SP has been below 1.5 today

put this back up to 1.60 the SP will look attractive to sellers..

Exactly what they want then more sell and the iis queuing up with get their shares...

Those selling now at 1.50 will be kicking themselves in weeks!

It'll be a waste of time him being here......he'll die or disappear ....if ignored....

I hav'nt got a clue what he's saying....lovely!

Filter him and the others.....it's bliss!!!

not deramping at all
just saying how i see it panning out
sells v buys not good jim....1.5 will not last much longer imho
i wont say i told you so when it happens

for the big buys after hours or in the morning....

People playing into the mms hands........bought it down from 1.70 to 1.48 lol now people are selling....

So sad....back to 1.60 very soon...then news!!!

totally agree with you on most points but I think the increase in mmscuf/pd wont be that high. when I talked to mr scott at the last gm he did say the big increase in consuption will accure when they have the first power customers hooked up. so lets not put figures on the amount they are selling per month then new investors wont be disappointed. we must remember mr scoots only been here less than 3 months.

Wait for the update VOG has the cash now to transform the company , patience will be rewarded . gl .

E but the sp should not be falling on a share with the level of potential.

4p then 3p then 2p now 1.5p. How low can this go? We keep saying it won't go lower, more connections, etc but as time goes on we drop further. 1.6p was a given but this is too low now.

surprised an investment co or competitor hasn't snapped us up at this bargain price...

Notice a few people panicking on here....

Not sure apart from the declining share price whats changed. As long as you do not need to sell in the next 2 weeks than i would suggest coming back then. II's saw value at a share price of 1.6p with what VOG was doing on the 1st January 2013 (that was the last update). When news comes out this month on the 30th/31st, any improvement will have to be reflected in the share price above 1.6p.

I can see this going down even lower as i think we need news to re-assure the market, but i have a feeling John Scott will hold firm and wait until the last minute. Maybe a few extra connections are due within the next 2 weeks so he wants to squeeze them into the update, we dont know.

Its frustrating i know but look around AIM. Look at our progress:

July 2012 : 0.7 mmscf/pd
Sept 2012: 1.7 mmscf/pd
Dec 2012 : 2.8 mmscf/pd

It is pretty much concrete that whatever update we get, it will include a higher gas average than Decembers, by how much no-one knows, but when you take into consideration that every 1 mmscf extra will bring $500,000 extra per month and an extra 600 barrels of condensate then it doesnt take a Rocket Scientist to work out the benefits that it should have on the share price.

VOG have the capital to roll out its plan un-constrained, we have a target of 12 MMSCF/pd by year end and this next update is slap bang in the middle of the target, so unless we have to play catch up aggressively we should be nearer 4.5 mmscf on the next update but i imagine more 3.5 mmscf.

The best news is that we are past our breakeven point muted at 3 mmscf/pd (this was before we were debt free and servicing that debt every month so i imagine its less than 3 mmscf now), if this update confirms that news then VOG is actually making money, and quite a lot of it too. If we are at 4 mmscf for instance, VOG's bank account will have $500,000 deposited into it every month, and it will get to the point where the best thing to do with such a low share price and such a high bank balance would be to buy back the shares and squeeze the price higher.

We need to clear out the Arbitration and cement our 95% status, we need to address West Med so it is clear what is going on and how it is to be done, and we need to see a positive update regarding gas sales. Only then will this be set free in my opinion but at that point the share price will have a lot of catching up to do.

Been here nigh on 3 years and still haven't made a penny, lost quite a few though !!!!