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Noticed that too. Sounds like a solid plan to concentrate efforts on the East site. With such small cap this will rocket on glimmer of good news. Let's see what the next few weeks bring.
Do some research
Read the RNSs
Look at the company history, Track record, success stories
Then decide if you want to invest 🤣
Nice uptick this morning- anyone know whats going on?
Another fall.
Went through on the 31st of May? Buy or sell? @ 0.11.
So matt finally milked all he could. Only took 15 years. Why people invest in his lifestyle company is beyond me
Rather than drill looks like cut costs and slowly pay down debt. With the current wells that’s not going to be much. At best it’s going to be boring for a while, worst it’s a big discounted placing.
Lofgran had maxed out every bit of debt available and was forced out by the looks of it. The new guy is from the old guard so expecting much the same unfortunately.
Oh dear oh dear
ML jumps ship leaves pile a debt mountain. Every barrel of oil
We sell we get into debt with such a facility. New Broom needs to get rid of PB and associated royalties to mah and Pah.
Wouldn’t it be nice to raise say £1.5m via placing to help us through this year.
Yes frustrating but assume it will all come in the final report
I thought by now, the new CEO would have communicated his future plans for the company going forward. But as usual here...... silence 🤔
The last week before the results with an update on strategy and cash.
Undrilled fault blocks, like Fouke, can now be identified, profitably developed and put into production in short timeframes, given their locations in and around these mature assets”, Lofgran added. “The area's future potential may exceed its past performance based on the work done to date”.
That’s a big statement considering the Fouke 2 well reached payback less than three months after the start of production. If future results exceed that then it’s basically free money.
Final results next week or week after. Should be the first time NTOG has generated material cash.
R.I.P S TiT...has a nice ring about it
🚀🚀🚀Not long now
Bridge,
Agreed.
Well I can’t see the future, yes another10% drop wiped out all the recent rise, just 2 trades. Will have to wait on news.
Slight pullback but if an understatement
Another 11% down has practically wiped out the recent rise
Need the ramping brigade back
Noted they’ve all done a runner
Slight pullback but if an understatement
Another 11% down has practically wiped out the recent rise
Need the ramping brigade back
Noted they’ve all done a runner
Slight pullback yesterday, let’s see what today brings. We are only a few working days from the final results and forward plan for drilling under the new strategic partnership. Exciting times here for once.
Typo again fat fingers.
Mewuncle…… we didn’t F1 or F2 or any other F well….
Good to have all matters discussed here, I am not that familiar with all the history here so appreciate the clarification on these issues
Mewuncle…… we sell F1 or F2 or any other F well.
We just had to do the deal he did and give the Lions share away as per usual we didn’t have a lot to p iss in.
You have to go through the history to work the house silver we kept selling and at times even lost!