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OIL MAN JIM
SPOT ON, couldn’t put it any plainer
Since I’ve seen a flurry of promotional tweets this week regarding Nostra Terra Oil & Gas (NTOG), which can only be aimed at unwary newcomers, I’ll comment on it. The problem is that no one apart from the directors, brokers, PR companies and paid social media posters is ever going to make a profit from it. It’s essentially a small business (with a turnover similar to a petrol station) whose operating profits, if any, can never approach covering a quoted public company’s overheads. Even with a profit of $10 a barrel at the operational level (which is a generous assumption since many fields in the area do not even achieve operating break-even) NTOG would need 500 barrels of oil per day production just to cover administration and other expenses. Remember, they’ve been at it for years, have achieved nothing other than massive losses for shareholders, and in the process squandered nearly $30 million of investors’ money. There’s always an exciting new project to draw in new punters, but it always fails to reward them. A huge avoid.
Great summary Jim
NTOG IS A PILE OF S...
Those ramped in to Mosman Oil & Gas (MSMN) at up to 0.24p received a nasty surprise when it announced a 0.125p placing, as perhaps did its new TR-1 holder (if his filings are accurate), who was also the principal ramper. But this is what, indeed all, these types of companies do, ramp and place, the “asset” (in this case, a minority non-operated working-interest requiring no management time whatsoever) being just a tiresome legal requirement. At the bottom line of the accounts, there’s never actually anything for the shareholders, only losses. The same applies to a very similar company, NOSTRA TERRA Oil & Gas (NTOG), who released an operational update last week, which contained no production numbers. Other than ramps to clear placing stock and warrants, and provide the opportunity for insiders to sell short before covering at a profit in the next highly discounted placing, there is nothing at all in it for investors.
"Aligning the interests of directors and shareholders"
Hahahaha
This Weyland is why you lost your £3,000 investment in NTOG, you don't understand...
Burton and TMS aren't being interviewed. TMS is a platform and Burton has posted the link to the Steve Staley interview (the chairman of NTOG). Are suggesting that because Burton made the post and/or the platform is TMS that anything Steve Staley has to say is tainted?
Presumably, if the same interview had been posted on another platform that would be okay?
This was the first interview that Staley has given in connection with NTOG and regardless of what you think, investors and potential investors should listen to what he has to say.
DYOR
Oh what a tangled web we weave, when first we practice to deceive!
For anyone who doesnt know who gone for a burton is.
https://www.guerillainvesting.co.uk/2019/02/27/nostra-terra-oil-gas-fraud-with-a-capital-f-gone-for-a-burton/
Can the pumpers and gone for a burton get this steaming pile of excrement upto 1p by xmas?
Anyone who believes your tripe needs their head testing.
One sentence says the acquisition was funded with non dilutive financing. Then future operations are fully funded. So we arent mentioning at all the 35 percent dilution of the company with confetti shares AGAIN.
Cant make this s#*t up! Paid rampers and positive research notes must be costing Lofgran a fortune. Keep pumping thou guys, I need my exit from this dog :) Gla
“…I can really see potential here at Nostra Terra…the existing Team knew the assets so well and the prospects are now starting to be realised …”
https://total-market-solutions.com/2020/10/22/nostra-terra-oil-gas-6/
Wood for the trees comes to mind.
Plenty to come here without doubt.
Hahaha. Yeah, OK.
Anytime banana boat
Stalin_ESQ. SteelTITan couldn't pick his nose let alone a fight. All big behind a keyboard, tries to sound strong with his moniker 'STEEL TITAN'
Send a shiver down my spine.
Stalin ...., joins today ... ntog paid pumper
read the post properly.....invested in stock market 20 years. In and out of NTOG several times. Yes contacted ML on occasions, so would say I know the history here, perhaps I know more than you. Does it matter. Dust yourself off if you don't like the odds here and spin the wheel somewhere else. Else, stop picking fights left right and centre. GLA
Been in 20 years and just decided to start posting today
What a load of crap.
You know fook all about ntog, Lofgran or the history of both
Been registered with this site for 1 day. Congratulations, do you work for MI5..? I have been invested in the stock market for 20 years. Did I need to be registered for 20 years to voice an opinion or view. Ps you didn't answer my TR1 question, which I find rather rude.
Stalin .... who the fook are you
Been here one day... suss
You don't think a TR1 is imminent ? Yes or no will suffice, without recourse to swearing if you don't mind. I'm delicate like that.
Stalin ... what the fook would you know. Been here a few fooking days and posted the once in ntog.
Sounds like your one of Lofgrans paid pumpers
Following the 39 million and then I think 2 x 15 million trades in the last week or so, I was expecting to see a TR1 notification of substantial holding. It hasn't surfaced yet so I can only assume a) the buyer hasn't finished buying or b) the buyer is lax is submitting his TR1. It has to be one or the other.
is being fattened up for Christmas :)
Fully funded without dilution.
Yeah mate except the 35 percent of the company dilution. But i suppose if we ignore that then all good.
Definitely another placing inbound.
Placings always follow after a flurry of RNSs