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It's a discussion board - no.
Have I been banned, am I trying to cause unrest ??
I'm batting more against the negativity than the positivity, it's about balance and risk/reward.
Long or short, there are too many take things personally on here - I only take issue with the constant whining of the few..
If you're not keeping them forever then you're a trader too - just maybe less proactive ??!
it appears VOG is on a shoogley peg.
i blame the Board.
The same posters (new names after being banned from LSE) along with the various aliases have been spouting about a placement for a year or more!
All/most AIM companies (especially in this field) require a placement below or indeed above the SP, it all depends on what's it for and the future effect it will have on the SP!
Traders just trying to cause unrest for an entry point!
Banjo, I think we're on the same page about the prospects going forward.
The devil is in the detail though, rather than 3 RNS all pretty much saying the same thing they could have said that we have £x in the bank, and what we have coming in currently from the big increase in production, £x will be enough to see us through for the foresseable future - they didn't.
Jones wasn't arguing about a placement - just the size of it - why ? And the change of registered office ?!
And the history - trust - Malcy - Foo ?!
Do you believe that they are cash positive and don't need to raise funds at the moment ? I don't..
Is reasonably important too though..
“both debt and equity and currently is assessing various potential funding options. In adherence with market regulations any announcement in relation to any fundraising decisions would be made in consideration of due process via the formal channels and VOG has nothing further to announce at this time”
29 Jan 2019
Production Update
Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to provide a further update on the increasing production levels at the Logbaba Project.
9.6mmscfd average gas consumed January 2019 to date
12mmscfd average production for week 19-25 January
Current gas and condensate production levels provide estimated monthly net revenue of approximately $2.0m at 12mmscfd.
Grid power customer ENEO resumed gas consumption on 22 December 2018 after nearly a year offline and this has led to 9.6mmscfd average consumption for January 2019 to date. If condensate production is added, this equates to 10mmscfd. At the 12mmscfd level, approximately 56% of gas is consumed by ENEO and the balance is to thermal and Industrial Gas consumers.
This is the product balance that the Company wishes to maintain and focus on non-grid solutions is ongoing.
At the 12mmscfd gas production level net Gaz du Cameroun (VOG subsidiary) monthly revenue from gas and condensate is approximately $2.0m.
http://www.victoriaoilandgas.com/investors/news/production-update-0
Yes I agree with you.
You only have yourselves to blame - crikey that's a bit disingenuous.
An old man with only £100k to play with and losing money hand over fist on the only other trades that we know about should be a bit more respectful ?!
Who do you blame for those things ??
Come on we all know there will still be a placing coming down the line shortly. That's why Foo kept the rns's coming to try and keep the sp above 15p
You omly have yourselves to blame when they come out with a placing at 20% discount to the 5 day running sp, so I think still about 10p-12p. Then I will buy in, but I guess we will see.
Anyway just my view.
Oh dear, yet another bitter amateur in the realm of AIM shares.
You won't, but a trail back over my postings on many share would be enlightening.
For others, please keep up the negativity around a placement - it is making me a tidy sum.
I see PB is spouting his usual dross. VOGs surviving attributes ? - waste shareholders money through truly awful mismanagement while lining directors pockets. Is that what you meant PB ?.
Jumped back in today
Look forward to the next update ??
how is that stuck gun doing?
If one wanders around the AIM market with a shoulder chip - please move on, because some companies actually make it - this one has displayed most of the surviving attributes.
Move on and moan elsewhere.
must have been so ashamed of his groundless attack on Jed that he has recoiled to ADVFN. still, let's all remember his parting wisdom: we will all be pleasently surprised in terms of exec day when the financials come out.
they are not out the woods by any length.
so, payment gurantees RNS tomorrow or the BOD have failed again.
"Yes, simplistic ankle-biting has been a problem on this particular BB - amongst others - for years.
I have always hoped for a more cerebral interaction."
says the man who posts no research but snipes at posters.
"All Bob/Jones posts have vanished for the third time. Obviously dobbed in by a VOG hater or someone short which narrows it down."
what an idiot. the username has been deleted. just like AJ99 and all the others. some folk/company. same old tricks. you'll be gone too soon no doubt. and we can all get back to business of trying to hold the board to account.
"A confirmation of financial stability and fluidity would make this one rocket."
two things VOG does not have.
Yes, the vitriol on here has been so sad, however I think we do await a reasonable upward correction.
All Bob/Jones posts have vanished for the third time. Obviously dobbed in by a VOG hater or someone short which narrows it down.
Shame because he had more up to date knowledge about VOG than anyone on here, and we could have made use of that long or short.
Interestingly though, he didn't deny that there would be a placing, he just disputed the number of shares that could be issued. That's why I still haven't bought back.
Malcy's followers with lots of small buys today I suspect - most of the big trades were Sells though.
Hopefully not. Therein lies the recent turmoil.
If necessary, which I am hopeful won't be the case - it will depend on the amount.
However looking at the recent cash in and out situation, I am positive again.
A fund raise PB ?
A confirmation of financial stability and fluidity would make this one rocket.