VOG 2005 New Thread

A more sensible commentary on the days events from the FT.

'Victoria Oil & Gas, the explorer whose share price almost doubled last month after a gas discovery in Russia, fell 10.2 per cent to 84p amid talk its planned fundraising had received a frosty reception from institutions.'



Quite rightly nothing on the nonsense about running out of cash in 8 weeks & inferring any desperation in the situation.