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Nostra Terra Share Chat (NTOG)



Share Price: 0.16Bid: 0.15Ask: 0.17Change: 0.00 (0.00%)No Movement on Nostra Terra
Spread: 0.02Spread as %: 13.33%Open: 0.16High: 0.16Low: 0.16Yesterday’s Close: 0.16


Share Discussion for Nostra Terra (NTOG)


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BhoyGeorge
Posts: 1,193
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Opinion:No Opinion
Price:0.27
View Thread (4)
RE: Ice
24 Nov '14
meant to say, 'values from the income statement as costs as if they are cash'
 
BhoyGeorge
Posts: 1,193
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RE: Ice
24 Nov '14
guys a tip, if you want to calculate cash flow don't use values from the income statement as costs.

So taking off a figure or 313K for admin is not valid. This is an income number , which Cannonball can make what he likes. It is not the actual cash figure that went out the business though as Admin.
OMLOYALIST
Posts: 2,464
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Price:0.27
lambing earlier post
24 Nov '14
"As a side note, the half-yearly figures are not audited, but the auditors do have to go through them to make sure we can make statements such as we did. "
What does that mean?
When auditors "look" at them, will they be correcting grammar or financial correctness?
OMLOYALIST
Posts: 2,464
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Price:0.27
ice
24 Nov '14
I am not an expert in financial analysis but I believe a company is as good as it's share price reflects. At the moment our ntog is worth 0.265p. Anything below or above that is not an accurate assessment.
BigTimeCharlee
Posts: 1,782
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Price:0.27
Ice
24 Nov '14
This is why Ive given up on trying to decipher financials. These added unknown factors paint a totally different picture to what is shown in figures we get to see.
iceclimber
Posts: 1,142
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RE: Ice
24 Nov '14
Thanks btc, that's a great help

Fortunate to have found that '£70k' especially when we've been positive for some time
BigTimeCharlee
Posts: 1,782
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Ice
24 Nov '14
I think ML is implying if you add a further £70k non cash charge to cost of sales you'll find that admin expenses are covered. This then leaves an operating profit of £8k rather than a loss.

Total non cash charge should be £359k (£288k + £70k)

Revenue £414k

Cost of sales £93k (£414 - non cash £359k)

Gross profit £321k

Admin expenses £313k

Operating Profit £8k when you minus admin expenses from gross profit.
BhoyGeorge
Posts: 1,193
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RE: cash flow positive
24 Nov '14
.26s again being traded
iceclimber
Posts: 1,142
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RE: cash flow positive
24 Nov '14
Thanks for posting lambini

Biffus, you seem to find it easy to digest, would it be possible to type out a few bullet points showing the overall revenue, followed by additional income streams and any deductions below,,,,,,,this should leave a positive net value which will help non accountants and potential new investors?

I would offer but I'm no further forward with the newly discovered £70k that seems to have just appeared despite ntog being 'cash flow positive ' for some time?

Annual accounts via rns don't show a positive end of year value anywhere, that's why I've always struggled with the term

Ct16 coming before we expect according to matt, that.must mean anyday now as most are expecting it early to.mid December

Another 50 to 90bopd net to ntog

25% of ct14 was closed off after water ingress,,,,Ct16 could logically produce at least 25% more :)
Petel424
Posts: 1,619
Premium Chat Member
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Price:0.27
View Thread (12)
RE: cash flow positive
24 Nov '14
What investigation?

You either believe him or you don't, personally after the addition of CT 14 I am on the believers side as being cash positive for the admin and running costs.





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