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Yes I should have included the word currently. :-)
Does say "temporarily unavailable". It could've been totally taken down, but that hasn't happened?
The corporate website is now unavailable.
Should we get some kind of announcement to say this is a dead duck or will it just disappear into the Ether?
Any Nuws?? As they say on advfn lol
Na. Zilch. Not a sausage.
Recommended, but not that funny.
I've heard a rumor Minty has got some plan to rescue the share price with his asteroid mining proposal, apparently, Bruce Willice has signed up to fly the ship, he's just waiting for Elon Musk to build his Mars base and we'll be relisting on the Marcian stock exchange
I bet a few have a headache over whats happing...that guy who put all that money in
Anything anything at all lol
So I take it this Norwegian Blue is most definitely dead now?
This was fooooked along time ago.
Say good bye
what's going on here? No word from the BOD lately... is it time to right this off or is there still some hope???
Slowly slowly, catchy monkey! fingers crossed emoji
It appears that the mother ship has drifted away from the LTH,and we are now lost in space,without a pot to p in, may the force be with you .
I dont think tax losses will be a pivotal factor here, the fact is they are now out of time and money and the whole exercise seems pretty moot at this point. I have discounted my investment.
Billf, there is another (possibly negative) point I forgot to mention.
The deferred tax asset was approximately 11m, and accumulated losses were in round terms 40m.
However a substantial portion of this was as a result of EOI and was consolidated into the accounts as required.
Now EOI has been disposed of a portion is no longer "accessible".
This amount won't be known until the next accounts are published.
Thank you YT...so it's complicated, but just wonder if this element might help them to come up with something to salvage here...some of us live in hope!
The key word is "potentially".
The rules are reasonably complex. These days you cannot just "buy" and offset tax lossess.
They have to be in the same line of business (that is oil and gas exploration). It may be struggle to allocate them to an existing profitable o and g project. (Losses made prior to 2017 can only be offset against the same trade, post then I believe it is unrestricted - but I not completely certain).
Carry forward (ie against future profits) is much easier than carry back (ie against prior profits).
Say I reversed in my general trading company. I could only use post 2017 losses against future profits.
Say I reversed in my o and g explo company - same trade - so all losses could be offset against future.
Say I reversed in my o and g production company. Maybe this isn't the same trade because the asset has moved beyond development. There is some greyness.
Not I. Replies perhaps not copious. Still, fair question.
Does anyone know the position regarding the massive accumulated losses made by Nuog and whether these could still potentially come into play in the event of a new RTO option?
Could be Simon Bygrave and Seadog....
https://www.traveloffpath.com/wp-content/uploads/2021/02/relaxing-on-the-beach.jpg
https://www.reddit.com/r/pennystocks/comments/gy82j3/hq_check_aerotyne_ind/
Same as, many long term holders here at 1 p per share.