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Indeed as I stated for the lowest was 025-0.30 and added 2m share back then to low down average ! remember the consultant is happy to be paid with 0.3 share and 0.6 as warrants, they know what they doing I think! GLA
1.4 million market cap, Am I dreaming ??? Pine Mills drilling set for October an update of CPR will surely Rerate as it stands we are historically low.. IMO
You lose people money talking about a 10 bagger
Lol, i must admit i thought about averaging down last mth but decided against it.
I could have doubled the number of shares i bought for 3k for an extra 200 quid ish but once bitten etc.
Makes me smile. I boutght £1000 of these shares in 2011. They are now worth £10. Will need to be a little more than a 10 bagger for me. Do I throw some more money down the drain or is this about to come good?
Yep.
Excellent news.
A free carry. A decent result here takes NTOG towards break even and will increase the Washington bank facility. It will also move some resources up to P1.
DYOR
10 bagger from here easy :)
Agree! 25x30=750 b/month a use the full hedging amount is indeed no-brainer !
IMHO
NTOG needs 3 things: WTI back towards $50 by year end; they Cypress drill successfully done; either one of the other farm ins executed and/or another transaction similar to the current one.
If they get all three then NTOG will go into 2021 in a very good position and will likely be profitable at the PLC level.
Washington Federal won't let them use that bank facility to buy assets but will let them refinance once the asset has been acquired and proved up.
If NTOG can keep access to the finance deal that they used for the recent deal, that might three small deals a year on its own.
Much better to keep doing these smaller deals, adding in 30/50 bopd on each transaction with some drilling upside than betting the house on one big drill.
DYOR
when I said cant go lower, it was the 25bid-30offer, it is now!!!
Well, Lofgram did admit that 1) money raised for drilling at Mesquite field was not spent , 2) hedge facility can be utilised for newly acquired well production at $51ish price so net cash. 3) Cypress farm-in is still on (but have no control over it).... IMHO, the cheap MA deal is saver or bottom line, NOTE: Nostra Terra is guaranteed $55.12 per barrel for 1,500 barrels per month for the remainder of year. this is good one !!!GLA
What a load of crap in that interview . LOFGRAN talks of paying a dividend.. never happen as long as his a.r.s.e points downwards
O look who’s popped in to PUMP NTOG, the CEO of Total market solutions, Dave Burton , LOFGRANS bum chum
37 days left.....
Some people have a life. Nothing much to be said. We are waiting on some news. No point in constantly repeating the same inane drivel.
Next we want some news on Cypress, the two farm in targets and any further deals.
DYOR
Its a new dawn, its a new day, its a new life for @NTOGplc and its feeling good!
Here, CEO @mlofgran catches up with @copytaster .With the #NTOG share price at a three year low at around 0.25p is this finally time for a treat from Texas…
https://total-market-solutions.com/2020/09/16/nostra-terra-oil-and-gas/
Talk of a takeover on the other board (well just from one person but I wont let that stand in the way). Is the ramping cycle about to begin in earnest again? Maybe we should all switch to 'BIG' this up mode and see if we can get something back from this dog... :)
There is still a ramping fool on advfn saying this is going to 10p .
Dont know quite what hes smoking but it must be some new experimental synthetic drug.
Id be very surprised if this ever got to 1p again before the next keep the lights on placing. There will be another soon, theres been 2 in the last year since he said no more placings.
Lying thief.
They will crawl back out next RNS day to try and pump some life into the old dog.
Where are the ramping crew, Kammi Kazi, Unhelpful etc. Just vanished
39 days left...
Another NTOG RNS last week and STILL Jim dosent think NTOG is worthy of a mention in his weekly blog. Good on you Jim
WAGES ,has been for years on end...