Toby,
I simply can not understand why the LSE:VOG Shareprice is going down with Oil and Gas prices going up, and 103 and 105 looking like both having high chances of being commercial discoveries.
The market is entirely irrational or ill/uninformed about this share IMHO.
Looking at this realistically 103 definitely has gas, as to whether it is commercial or not we are soon to find out, the transportation price with Gazprom is set, the offtake agreeement with a Moscow Power Station agreed, I simply can not understand why the bears think this is a good short and are spending 24/7 deramping it?
Temperatures are plunging in the UK and Northern Europe over last three of four days certainly not the time to short oil and gas stocks IMHO
All IMHO, NAG, DYOR etc
Cheers
Ash:)