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On website “simplywallst” Google Ntog simply wall st.
Let’s tell these guys about understanding NTOG mc.
I had a letter from credit card company this morning saying they have increased my credit limit…………..then guess what I found £20 in my sofa. I put this down to increased reserves!!!!!!!
“Those that fail to learn from history are doomed to repeat it.”
For goodness sake don't look back - yesterday is history.
Upthecoast
Not quite sure how I was ramping
Basically proven almost 100% accurate on the average price they have received c$59 and all I did was take the median PoO from Low & High each month
I also used the 100popd within their RNS’
Not quite sure how that is a “ramp”, it was reasonable estimates
Even better, net reserves up 27%
Increased debt facility so no dilution
In my opinion I think what I said was reasonable and suggests NTOG is undervalued
So If I get this straight market doesn’t understand us?
You do know that there are a lot of variables that make up a MC.
It’s not simple as revenue v shares in issue + assets.
Looking back over 12 years , I’ve lost count of the shear number of RNSs he’s released with reserve data!!! And where is it ??? Still in the fooking ground.
The day he can start getting it out of the ground, increase bopd above 100, increase SP, then investors may start to believe , but until then it’s all bullocks.
Placing will be on its way
Agreed Steeltitan, the only way Lofgran and the gang can impress us is to extract that liquid gold from the ground and nudge that share price upwards so us long suffering share holders can recoup our hard earned money back.
I would have made more if id put my money into a LOW interest paying account!
Long trek .. spot on
Exactly what I said this morning . We’ve seen and heard it all before
Let’s see if the circus ring master Lofgran can get these reserves out of the ground
He’s only drilled 2 wells in the past 3.5 years and we are circa 100 bopd. LAUGHABLE
Very subtle!!!!!
Wonderful news! but havent we seen all this before,?
what would really impress me is if this share price were to rise above 1.5p
Can NTOG afford to repay the 4.4% interest rate with its current income. (as somene put it that of a petrol station)
Well It does look a little rosier today on the plus side though,
But anyway back to reality, when exactly is the next placing going to be?
Sorry about that ....so a MC of £5m in the short term and once the market becomes more convinced about prospects then this could move a lot higher. There are doubters and perhaps some losers on this board but that is something they will need to come to terms with.
Reserves better and earnings will be up on increased production and higher oil prices against fixed costs. High operational gearing so a mc of
Have all rode off into the sunset, adios amigos
and what figure would you put on the market cap?
Market Cap seems a little on the low side at £3.5m
devils in the detail of the RNS.
It was 3 months over due/late........ist not the RNS that was expected wrong order of events. Hi oil price we should be drilling what we have on multiple fronts. Not proving an asset that we know has got the mustard.
1 We know about C2 spud Q4 (Friday) expect RNS
2 Any other spud news USA farm in's.
3 Our Africa Safari (wouldn't be suprises if we catch a ride on a elephant!)
4 Last placing RNS (which is a given)
So its a damp squib so far....
Interims due tomorrow perhaps. Could be interesting.
What’s happened to all the new pumper, mr Stretch &co, have they taken their 40% and done a runner ???
Own up.
Who got spiked on the pump and is now a long term investor? :)
Try 35p for me but not bitter I actually had give up here but u never can say never
Only need this to get to 32p to break even. D'oh
Usual false drop by mms. They want your shares big time. Hold long
Well when it's back to 5p i can take a tiny bit of profit, deep joy if it hits 1p
Finally a bit of newsflow!For anyone interested there is a Telegram group for Nostra, just seatch #NTOG on twitter
Keep it going……….excellent reserved etc.
Oh this bit scares me
“ The Facility is not restricted to geographical region. Nostra Terra can deploy funds from the Facility for operational purposes and acquisitions in its current areas of operation in the USA, or in other areas, should the opportunity arise.”