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where were you Nickel between the 11th and 22nd October, i.e from 5p to 32p . On holiday from work perhaps
You ****in prick. You’ve been told countless times.
Sorry, no one has answered anything yet. That's why i'm here still.
Tell me how you return $1.1BN in cash when the npv of the project doesn't cover it !!!!
take all mine in one hit
that sometimes happens if you are using a VPN or on a mobile network
Admin
Have you sorted this problem out yet - it’s very frustrating
This am was an orchestrated faux drop - MM’s collecting and order filling. This is a bargain at these prices - in 30-32 range and paid yesterday and Tuesday - buying pressure returning so we could easily see it touch that again today and definitely imho tomorrow creating a new base for when operational news should be due next week. DYOR
Nickel is just doing his job that hes paid to do. Unfortunately though, I've decided to enter the conversation. That's kinda bad news for him.
Reality of Nog is very simple. They need a debt restructuring exercise. They need their wells to develop. And we all have to hope they don't decide to go bust and get bought for a quid.
It's that simple.... But when peel start accumulating.... Not that I give a stuff about peel... But if they are.... Then that's not because they are about to go bust.
£0 or £1 plus in the sp. Place your bets. That's nog. Case closed. I will leave you all to it to discuss the finer detail!
It has huge debt but sits on plenty of assets and hydrocarbons in the ground to pay for it all. Next quarterly update due next week should reveal how well they are doing in terms of cash. The main thing is to get better drilling results. The market cap is ridiculous at present - as long as they continue cash positive. Next week should be a good indication of whether they can continue alone - or need to sell out to someone more skilled.
Suggest instead of hanging around deramping and casting silly arguments around you actually put some ££’s in here especially at these prices- otherwise you’re either a paid deramper or someone with too much time on their hands. Plenty of other shares if you don’t agree with actual investor sentiment , fundamentals, technical charts and ii ‘s getting in on the real rerate of this share. Imho DYOR
That’s been my experience, chilston. You answer his qn and he responds by repeating it. It doesn’t appear there’s much else in his locker, nor has there been since 8 pence. Anyone interested in the story please scroll down to my posts over the last 6 weeks or check out ADVFN. ATB :)
Dear Mr. Nickel. I've already answered that for you above.
I love it. Still no responses to my question haha. Just loads of deflections as you try and get away from the serious issues underpinning this stock.
So how's NOG going to find $1.1bn to pay off the obscene debt?
Nickel. It's very simple. It's called a restructure. Now if you don't think that's possible phone peel and ask them why they are buying?! And I will repeat my question back to you... Why are you posting if you think we are all doomed? Or are you just the caring type? I've see you type every day
Chilston ... bang on and my suspicions exactly :) ... ” is this what they pay you to do in Liverpool street? dont worry... its thursday.... you get to visit the wine bar after work.”
I can only see 1 post from Nickel on NOG between the 11th and 22nd October coincidentally
I remember being very vocal all the way down from 100p. Those that have been in this long enough know that is the case. Alternatively shift through the hundreds of pages on here and you will see it!
As said before though that is a mere distraction used by others to move the debate! I put it to you Chilston and Joe, how does NOG repay it's creditors ?
I don't remember Nickel being very vocal on here when we were rising from 5p to 32p lol
Dear Mr.Nickel..... "The trend is clear, production is dropping as are reserves and NPV at these oil prices doesn't cover the sums needed ! NOG and it's shareholders are in grave danger - that's the reality."
If you dont like it.... dont buy it.... and if you are not buying, very simple question... what are you doing on here? or is this what they pay you to do in Liverpool street? dont worry... its thursday.... you get to visit the wine bar after work.
“ The silence on this matter is deafening..”.. Actually, silence would be a wonderful thing. Give it a go. I am. The discussion has been had on these pages and advfn for all to read if they choose. Don’t stay here all agitated and let it ruin your day. ATB :)
If you owe $1.1BN you owe $1.1BN. Those sums have to be found.
How does that happen when capex for the drill bit isn't growing production. The trend is clear, production is dropping as are reserves and NPV at these oil prices doesn't cover the sums needed ! NOG and it's shareholders are in grave danger - that's the reality.
will be re-structured. We may well be closer to news than many think. II's don't buy in as they have recently without knowing something us ordinary punters don't!!
The silence on this matter is deafening.
Seems like Wig, Matt and Adam don't have an answer for it.
Anyone buying at these levels will reap the rewards! Won't take long either!
Massively undervalued!