Member Info for NOVECKINGOOD

Do you know how loans work Scotty ? You seem to imply they have to repay £20m in June - is that your understanding?? When do they have to spend the £12m is it now, is it all down to VOG to spend or are they looking at alternatives

Jones 3.0 - no harm in giving an update on the financials though - rather than 2 RNS in a few days saying the same thing.

I can see the reasons for concern, the BOD can’t be trusted anymore. Update on the cash position before the share price can really gain any traction.

Really - good luck with that plan.

Popped in to the local store yesterday. Outdated, sullen staff and fairly empty.

The tumbleweed floating around was a nice touch though..

Are you for real ?

I’ve just posted it - from Rouseranger.

Read it properly - digest it - and then comment if you wish.

Is rouseranger lying ?

He seemed to be pretty accurate on where the company was in terms of sales a couple of days ago.

If vog are cash positive why do they need more money in the short term - and if so why ??

“interesting to see who is right many talking about how sure they are there must be a call for cash from us and of course this could happen , -----the information I have is that this is not wanted and being resisted and might not happen at all ---we are I understand cash positive at 6mmscf and at moment at 8mmscf and in fact were at 10mmscf today , so still in with a chance of coming out of our present position , we need soon news of new customers and more information told to us and the market stressing the good facts and not just hearing about the bad , I wish you all well and lots of luck and good fortune to our company
Regards Rouseranger”

OK i'll try and remain professional even though you're really not worth it Jed.

Read my posts, I think and have always thought that VOG is a very badly run/managed company. I have always thought that the BOD put themselves first even if it is at the expense of shareholders. That view hasn't changed.

If you can't be bothered to read my posts choose your battles buddy. I've made money on VOG and am probably one of only a few that has. I'm sat mainly in cash again having shorted markets all summer, I was long banks recently and have closed everything and gone short on indices again. I sold two property companies in the last 2 years and manage over 40million of client money and quite a lot of my own. Don't be measuring dicks buddy, you post what you like and I can respond how I like.
I went on the DEB board yesterday just to show you how easy it is to be mischievous about a company that i don't hold shares in - that's all..

I told you at 7 , 6 and 5 to get out of DEB and you think I'm inexperienced..

Keep ranting buddy..

Now the poor me approach - nice..

Cyber warriors because we question why you keep changing your mind - really - it's a bit precious...!

I've researched and watched VOG for years, I've posted my honest opinions as to how I see things from when I started buying recently. It's not my fault that the company has wasted millions to get to this point, I take no pleasure in the losses that people on this board have suffered. I'm not really interested in a history lesson though, i'm buying based on the research that I've done and the prospects of making money on the shares from this point on.

They've wasted huge sums of money but that's meant that most of the heavy lifting has been done. Most companies in this sector have to burn through cash to discover, then to bring to market - it's all done now..

They will need more money but they don't need it now, my RESEARCH makes me think that they are cash positive and will remain so until other things happen to make that even better. If the asset sales/insurance claim and all of the other ways of generating money don't materialise then I would hope that they hold off wasting more money that they haven't got on further drilling.

Some say dilution I say it's not needed at the moment - time will tell. At the current price I like the risk and reward profile and think that over the next 12 months I will make money on these shares.

They've got lots in common, they're both heading in the same direction as far as shareholders are concerned.

1p a share at best - and that's less likely than 0p as things stand.

It won't jed, shareholders will get little or nothing.

It will be a D4E swap or another flybe.

You're living in cloud cuckoo land if you think that landlords will just roll over and play ball. They might when they have too but not before..

DEBS is doomed, the business model the leases the debt and the cash burn say so..

We can all post where we want I suppose....

GL

And while i'm at it your posts on the debs board are naive and embarrassing. You have a big lack commercial understanding, and your p1ssing in the wind style of trading seems to be based purely on luck.

If it make's you feel better about yourself please keep posting on here, your opinions have no merit though nor could they...

So much research on shares that you don’t own but none or bad research on the shares that you do own - strange behaviour ??!

Where does it say in any of your drivel that they CURRENTLY need to spend cash that they haven’t got ??

Bipolarsmoke, why haven’t you answered my questions ?

What is your problem - apart from the obvious ??

Bipolarsmoke, whats your intention here - you bought at 28p - I assume you're out around 20ish pence.

Tell us your plan - is it just to be mischievous - are you hoping to get back in lower - or is it just sour grapes ??!

sorry *bipolar

Less than 3 weeks ago...
get a push this afternoon, i still think 36-38p by close of play Friday.

And 2 weeks ago your year end price prediction 68p

Are you F BIPOLOAR ???

A bit too hasty - good support above 15p

17.3 to buy on HL

Jed, as i've said before your opinion is irrelevant.

No idea and not enough cash to move things either way

Go and count your losses elsewhere.. 50% since i suggested that you sell less than 2 weeks ago...

And your having a pop at me who is still £5k up on these since Christmas eve - You're a C0CK ..Do One ...!

Insightful, thanks Warren..

So you’ve obviously sold and are trying to get back in a lot lower ?

You were bullish at 28 but with no extra negative news are now bearish at 18 ??!

What’s changed ?

What do they need money for - short term ?