Member Info for ConMan94

that should read 145,000,000*

30 days left until 1450,000,000 warrants expire.

Will be interesting to see if Matt allows an extension on these. The reason given for the .6p warrants doesn't really apply for the .35p warrants as there has been plenty of time that the SP has been way above .35p to exercise.

Before Billy and the crew start beefing, save your breath I'm positing this just so people are aware, not to create a debate - not interested in arguments.

consumer retail. Everyone expecting the worst, have you seen gas and electric prices. People won't be able to eat out

145,000,000 warrants @.35p expire in 56 days time. Won't be exercised at this price of course. Understand the concern some might hold about whether they're extended or not. I'd hope not as the reasoning on the .6p warrants will not be applicable for the .35 batch.

Good level to accumulate down here, I've been buying.

GLA

It's ngas more expensive than oil rn?

Can't see it. I think .3p is the bottom here, oil seems to have had a bit of a bounce back up. Dollar starting to top out. Biden being found out with his Saudi trip. Going to look at loading up in next few days.

Cash flow positive, more drills coming. Warrants won't be exercised at this level. 145,000,000 warrants expire in 69 days.

This could bag from here overnight. Positive outcome on Coringa could double overnight, Good copper grades and intersections the same. Shares tightly held, pops on a little buying pressure.

It's been on the website since last week. Anyway, another day of profitable business operations for NTOG. This is the BUY ZONE.

Disappointing news there but those are the risks with oilers. Drop overdone, £3.5m market cap for a profitable oil producer in these times is insane. This bounces from here imo. Increased my holding on the drop.

I wouldn't hedge anything. Production is not increasing enough demand is growing and will continue to grow especially when China comes online. Facts are, there's not enough oil in the system and I fully expect WTI to push $130 as a minimum.

Indeed. And why would they want to be transparent with this core as opposed to the rest of their drilling. It's because imo, they think they've found something BIG.

Ask yourself this. Why have SRB sent the core off to an independent lab when they have their own......

It's not rocket science.

Seems reasonable. Directors all bought in round here post CRL and sub 50p gets bought up quickly.

50p may be the new base, and therefore, a great place to add.

Polarean Imaging has technology which greatly (50x) improves the resolution of lung imaging scanning. It submitted it FDA application and received a CRL decline letter in October 2021. The reason for the decline is because the company changed manufacturer during the application process and so the application wasn't technically correct.

After 6 months of working on their re-submission this was submitted last month. The FDA accepted their re-submission as valid (in that they've addressed the FDA's concerns) and the FDA will provide a response in September as to whether they grant FDA clearance or not.

Before the CRL in October 2021 the SP shot up to 106.5p before the CRL saw it crash down to a low of 42p. Directors all bought material amounts following this at 47p-53p providing confidence that they believe they will get FDA clearance.

Company is well cashed up having $28m as of December 2021.

for the last 6 months the SP has been trading in a range of 50p-60p.

Thesis: SP rose in anticipation of FDA clearance last time to 106.5p. Directors bought after the CRL decline letter at similar prices to those on offer today. Company took their time with their re-submission and this is expected in September 2022. As such, I believe, just like the first time, the SP will rise as we get closer to the September deadline. I'm not sure it will get back to 106.p but 80p is in my view a very realistic prospect. Build position before the excitement starts and then get out BEFORE the FDA decision is the plan. Looking for circa 50% return before the end of August.

Excellent post there Helpful! NTOG is on a march at the moment. Cash in the bank and increasing production. Fantastic.

Looking good here, expanding production, generating FCF and WTI not going down anytime soon.

Oscar I completely agree with your SP target of 75p. I've got 10k in here and got my order to sell at 75p for a nice 5k profit in just a few months.

Well, that's the plan anyway lol.

because its tightly held. MMs short of stock, a few buys/sells move it. Company like this you really need to take your time building a position. Buy it on down days.

Must be awful to be you billy. Have you told your partner about all the money you've lost? Not sure you understand my previous comment, about free carry etc, but that doesn't surprise me with your history LMAO.

Steel, Billy and JustBe all lost an incredible amount of money and still cry about it to this day. Very funny. HAHAHAHAHAHAA