PapalPower
- 25 Jan 2006 16:42
- 301 of 2511
The big difference is its now a very much derisked 300p+ fair value.
Its also max 9 weeks to news on well 104, this is the bigger news, as this is the change to real figures, not speculation, then with 2 more wells to unlock some more of that 5.5 trillion within 21 weeks.
I would not see any problem with this at the 300p level, and then higher on speculation now of the well test results on well 104 due before end of March.
300p fair value + what for speculation that 104 will be 0.5 confirmed ?? That is the key, and is there upside to the 0.5 trillion on 104 ?
Then what if.........what if well 104 is 0.5t or more, what if new wells 106 and 103 find another 0.5t each, or they find 1t each......there is no way in the world I will be selling before all news is in on 104,106 and 103, and that news starts soon with 104, and 106 and 103 are a max 21 weeks aways. This coming news on 104, 106 and 103 is the transformation news, news that takes probable into proven and that is where the biggest rises will come from I think.
But there is more, there are other things going on with VOG, and more good news is expected from other area's of their business.
Seriously, this is a hold/add/buy depending on your status I think, and one no to be shaken out of, the next news in the coming months is the bigger news.
TheFrenchConnection
- 26 Jan 2006 02:36
- 319 of 2511
Amities / What a rewarding day for us all . ! l had originally planned to slowly accumulate VOG for my portfolio of oilies { BP,JKX ,EEL,BUR ,DNX, HDY,COP and CDL to name but a few ; but today my trading instincts could not resist banking profit. Playing the percentages as always ,,lts the only way l know .Always the percentages ,But for a jolly good reason on this ocassion ! ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, This sale had absolutely nothing to do with any particular negative variables related to the stock -such as Simons disposal -au contraire -For every Simon C there is a nemesis . He took a group of us on reg. Regus during suspension during bankruptcy protection ,,,,and i estimate he lost millions .Literally .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, i believe VOG has not yet finished its prodigious frenzied assualt up the charts . lnevitably there will be other % players banking profit for w/e . But since i tucked away a nice holding upon the first retraction @ 88p and saw offer @ 237 1 was out ...Kept 10,000 but sold most of my holding . And why you ask ? l wanted to release as much funds as i could for the utterly underpriced Gazpom sell off in about 17% of its issued equity. . At last Gazpom has opened its doors to foreign investors as they float on the LSE. .......Seem expensive at first sight. BUT expecting 12 euos back from Gazpom Every single person i spoke to today was waxing lyrical about its prospects . ,,,,,,,Of course ,,l still retain a small interest in VOG as i said it is a solid and its full potential quite unquantiafiable at the moment ; and l wish all holders the very best of luck . Bonne chance et Bonne nuit ,,,,,,,,,@+ J