VOG 2005 New Thread

I suspect from that article 'West Medz in at 20p' is when the SP was 90-96 p.

Now it is 140p so West Medz may be 'in' at around 65p.
This means we have around 75p for the other two fields, I dont go along with this! and I thing that very good article got that one a bit wrong.
I say this because the company put on 100p on the statement that 'West Medz has half a trillion cube metres gas'.
Even more to the point, only when VOG announced that extra 25% of the Field had been bought in, did the sp rise another 46p to yesterdays close.
In addition I believe 10-15p is in the price from the 'over-subscribed' nature of the funding. So as said before, some Institutions may be buyers here.

I belive MOST of the company's cap is based on perceptions of West Medz having at least half a trillion cube gas.
Thus I suspect very little is in the price for the other two provinces.
THis suggests the company would put on quite spurt price wise on announcments of successful drilling elsewhere.
OF course I may be wrong in which case nothing will happen when they get oil moving at Tamdykol... so we will wait and see. But its not far off.