Member Info for billy101203

1st day of new tax year.

Roll on 3p

I see the kids are back with their pocket money. I can remember when we could buy a Mojo for 1 Ntog share!

Good post !

Keep saying production is key. Think usual poster forgot to post WTI price for the last few days as it dropped.

They weren’t delayed trades. Didn’t reply earlier wanted to see where the ramp would get!

If anything they were end of day settlements

Well it will help pay the Tacos.

18 trades and your ramping

Until the breakfast taco's!

How low can we go. (please please don't reply)

At some point even free shares are going to look expensive. Anyway nearly end of tax year and for some its been bumper year on recovery stocks and bio's. All bottom( 10 year holds) draw shares have come good. Just maybe it takes NTOG 11 years to come good. Never purchased a share since the very 1st placing was going through the system 11 years ago and I bought in cheaper than the placing.

However I might just top up ( DOST's famus words if he is still around posting) if SP hits 0.003 again. Then waiting for 1000% increase when SP hits 3p!

It will come good.

Ever get a feeling certain topics are always between two cheeks on the same ar$e.

3p soon enough

I totally understand it.

Recoverable is a game of chance it could stop tomorrow then it’s non recoverable . Hence why I say what’s in the tank. What you must understand oil in the tank is as good as hard currency. On a small oily like us we haven’t got years some of the shelf lives on these wells could only be 18 months. Like it’s pointless telling everyone about reserves. If they are not recoverable it’s not a reserve.

You need to change your angle of ramp.
How’s about finding out ,
1) How many wells we have
2) how many are producing
3) which ones are producing
4) who’s being doing the drilling
5) who’s maintaining the wells
6) monthly running costs
7) update on sales regularly
8) quarterly reporting
9) asset update
10) loan to debt ratio
11) B/E on each well
12) production levels
13) royalty partners

The should keep shareholders and future investors happy.

Let me help 3p soon.
Just praying the 93m shares sold this week in chunks weren’t part of a placing.

Feel free to rely

In a perfect world that sounds nice and with a bit for creative accounting the world is your oyster.

The best way to calulate NPV is the oil in the tanks everynight. Otherwise its alot of ifs and may be's.

Don't forget to deduct your senior lending note, serviceable debts etc. If you use the lowest price per barrel - $5 it will give a better NPV. If you are trying to ramp and make it sound fantastic like the next barn burner then use the mean value.

Otherwise your better off telling us you went to the pub lastnight and you heard someone who knows someone that told them that them wells have oil in em!

DYORamping

Looks like will get usual dips etc.

RNS needs to be read a few times. Basically saying all our ducks are in line just waiting for approval.

RNS gives certainty and stops the guessing.

Let it be Happy Friday!

Stop entertaining him.

I wouldn’t be surprised if we haven’t or are in another cheeky fundraiser mode at the moment.

These words of wisdom are as vague as the RNS.

Knowing what was in the ground one would think the WI would be higher than the previous split on Well 1. Looks like the house silver going on the cheap again. With 32% WI next placing only going to be worth £500k again. Unless we go for the $3m we need.

CEO couldn’t have spent the proceeds from last placing and revenue from production. It’s not enough to do anything with. As for a using Senior lending that’s like pawning your assets (production) knowing perfectly well you are never coming back to claim your ticket.

So it leaves us with a crap shoot again.

Looks like somones scratching someone elses itch!

Let me help 20 bagger
3p 1st

Good point.

Positive RNS.

Would have have liked a larger WI in 2nd well and drilled in Q1 or early Q2.

The only way to short NTOG is if ;

1) largest share holder shorts
2) MM approach’s largest share holder and borrows shares giving a return to MM’s and commission to shareholder.
3) II starts to look for a return as they are trapped in like the rest of shareholders.
4) mm’s trying to create a market.

Looks like ramp crew circling again. I only started to post again as Kamikaze poster kept ramping and you knew he didn’t have a clue. Then we started to get helpful posters who are now frustrated at being locked in.

Whatever they say and whatever they are told it’s pie in the sky. Results count and production matters not WTI for a small cap.

I’ve been hinting at Battery tanks, migration, production, road map for 2021. We need at least 3 wells completed this year with 3 planned for September to November.

Funny thing is the questions I posed. We get replies to.Just look at the my posts questioning things. Shame the poster doesn’t understand what he/she is being told and put the replies in their own words.

Now to 3p target it will happen. Go back 11 years when the SP went to the dizzy heights. We raised a few million for Hewitt boxberger deal. We sold/placed 300m shares. We are in the same position now needing $2m to $3m to sustain an ambitious drilling campaign. We can’t keep coming back to market for funding. It really shows incompetence. You can only cry wolf so many times before investors shy away. It’s happened too often over 11 years.

The only grace we have is we have 100bpd approx at the moment which is questionable until we get a update.

There’s plenty of opportunities out there take them. Roll on placing.