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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


Nostra Terra Share Chat (NTOG)



Share Price: 1.60Bid: 1.50Ask: 1.70Change: 0.00 (0.00%)No Movement on Nostra Terra
Spread: 0.20Spread as %: 13.33%Open: 1.625High: 1.70Low: 1.60Yesterday’s Close: 1.60


Share Discussion for Nostra Terra


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INFINITYT
Posts: 328
Off Topic
Opinion:Buy
Price:1.625
MMMM
Fri 16:46
Why a tick on NTOG News above the last story on there is from 2012 ? Best luck all..
 
INFINITYT
Posts: 328
Off Topic
Opinion:Buy
Price:1.625
RE: ntog
Fri 13:00
For information will provide a link to Egypt Energy news if allowed..
Best Luck all..

https://energyegypt.net/tag/east-ghazalat-concession/
Helpful
Posts: 4,547
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.625
RE: ntog
Thu 18:34
Yep. I thought it was a good deal.

Although there is gas at EG no confirmation of how much. A CPR was promised but not forthcoming.

One drag is getting EGPC to pay: Melrose Resources always had problems with them.

In addition to confirmation of direct payments, I would like to see that CPR.
okenia
Posts: 8,734
Off Topic
Opinion:No Opinion
Price:1.625
RE: ntog
Thu 17:40
East G is an interesting story ... it's clearly not been working with IRG leading, all sorts of relationship problems. With NTOG making the lead now it could change, and we'll soon start to see evidence of that if there is tangible progress on the ground (e.g. resumption of daily reports etc). That will show how good the relationship with NTOG is. In turn that will give more visibility on what's happening with production.

What's nice about the acquisition is that the sum paid is largely dependent on the production rates they can achieve. That's very useful hedging as well as giving you a feel for their expectations going forward.

"· The first US$100,000, upon;

o Approval of the Acquisition and assignment of the East Ghazalat Concession to Nostra Terra by EGPC, including:

o Completion of formal registration of SRGOS with EGPC, including,

o Agreement on outstanding issues with North.

· A further US$200,000 payment, once production at East Ghazalat returns to 800 bopd for 30 consecutive days

· A further US$200,000 once production at East Ghazalat reaches 1,000 bopd for 30 consecutive days"
Helpful
Posts: 4,547
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.625
RE: ntog
Thu 15:05
Indeed.

It looks about now is the right time to be picking up some NTOG. I am expecting the response to MAGP to be quite illuminating with regards to NTOG given the comments MAGP made. NTOG is going to have to major on what it is up to and what the current position is with regards to the assets it has. With a bit of luck the auction for the other 12.5% of Pine Mills has been dealt with.

If they have sorted out receiving payments for EG directly from EGPC then this should look a lot better. On EG, it would be interesting to hear what they intend with regards to the gas discoveries: there is a big shortage of gas in Egypt.

DYOR
okenia
Posts: 8,734
Off Topic
Opinion:No Opinion
Price:1.625
View Thread (2)
RE: ntog
Thu 14:22
Investors in oil and gas do need to accept some personal responsibility.

Shell, BP etc etc can't suddenly close down their rigs and operations when the POO falls. They push on thru and suffer the SP collapse that entails.

Ditto at the small cap end.

As investors we aren't running these companies, we are trading shares in the secondary market, moving them between holders. And so, if we're smart, we'll say "no, that sector isn't one that is going anywhere near-term" and we pull out.

No-one is forced to invest/hold oil and gas shares. And there are times when you shouldn't.

The one and only personal who controls your own sell and buys is yourself, and it's your job to move in and out of shares.

My personal perspective is "keep your losses small and your wins big" which is a variant of "running the winners and cutting the losers". If you just hold onto shares where the SP is falling for good reason then all that will happen is you'll lose money. It's not like it is a big effort to buy/sell shares these days with online accounts.

So before we blame others, remember our own role as investors/traders. I've made some shockers in the past and still do, but I'm far more brutal at accepting my failures, cutting positions and moving on.
INFINITYT
Posts: 328
Off Topic
Opinion:Buy
Price:1.625
RE: ntog
Thu 13:01
Punters have lost Buckets on most of the AIM Casino stocks. Wily investors can still make profits you try and get in low and move on when happy. Are you telling me all those that jumped in here back in the day when oil prices were a lot higher were in at a low ? No I do not think so also some bad luck and wrong calls happen to most shares.
Is it at a low now ? well yes in my opinion. Let us see 2016 figures ? Pine mills news ? and the one I think may come good the Egyptian East Ghazalat licence ! a given over lost cause by IRG now ECHO. Let us see what Matt can achieve and I wish him best luck. Poison posters move on this is AIM after all ya hear ? Pipe dreams and Rainbows. Some a few make money but you have to be wise.. Peace all
gige
Posts: 8,195
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.625
ntog
Thu 12:42
Ban this from risers boards ,,Peoples lost HUGE money on this pile ,and still go around ..
okenia
Posts: 8,734
Off Topic
Opinion:No Opinion
Price:1.625
RE: TW
Thu 12:05
One way is by the fact NTOG are acquiring 10% of MAGP (at a very steep discount even to today's price) and if they can turn MAGP round then that's a punchy return.

"Nostra Terra will acquire the Magnolia Shares for £125,000 consideration, equivalent to approximately 0.06 pence per Magnolia Share. As at close of business on 25 May 2017, the mid-market price of a Magnolia Share was 0.115 pence and accordingly, Nostra Terra is acquiring the interest in Magnolia at an approximate 47% discount to the prevailing price of a Magnolia Share."

Let's say they get MAGP to 0.24p (so about 2x up from where it was before the requisition), which is where it was 18 months ago, then that's a 4x return on a £125k stake. Netting £325k profit for a £1.7m mcap company is very material.

That's then one way NTOG could benefit. It doesn't have to asset-strip MAGP (not least because some of the wells are $40/bbl costs and have you seen WTI at the moment?), it just needs to help get it back on its feet and then take the reward accordingly.

Having got in at half the prevailing price gives the second uptick (so you get transactional as well as transformational value).
yamsel
Posts: 751
Off Topic
Opinion:No Opinion
Price:1.625
re:
Thu 11:37
Not a holder just doing some research, I see NTOG has approx 100bopd production in USA do we have any production in Egypt yet?




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