VOG 2005 New Thread

Shares Mag isn't out until tomorrow.

It was covered last week in 15 hot stocks - said 'there remains plenty of hidden value among Victorias acerage. This recalculation (relating to 31 fold gas resource increase) justifies a share price nearer 300p, even on cautious valuation metrics because it's in risky Russia. On top of that the company also has exciting potential at its kemerkol licence in Kahzakstan, where proven and unproven oil reserves imply another 99p of nav according to analysts. The need for a fund raising to exploit the potential is hanging over the stock at the moment, although sentiment should improve once uncertainty over the size of the cash call clears allowing further share price progress to flow through. It's a high risk punt but one that could easily run and run.