Yep azalea this stock is not without it's risks and I think most are aware of that on here, but the upside potential if most, if not all, comes good is huge compared to the current SP and could easily 5bag from even 140p.
The row with the Ukraine is short term bad news, but I think it will be sorted before too long the result being the Ukraine paying more for their gas (if not the 4x current price mentioned) and the rest of Europe paying more due to the nervousness of maintaining supplies.
The result will be greater value per therm on the bottom line for VOG should their reserves be proved up.
Risks yes azalea but if all the 'IF's' become do-able this could easily trade between £8-10 IMO. As many have said if you compare with MXP at £350m market cap!!