Member Info for daramuda

Has anyone an idea when Welch might up date the market as to sales of barrels from all sources and profits (if any) per licence and corporate?

But we could do with an update on progress. Not too much to ask.

It took some time to report the interest to the company and thus the market.

Then Tornadotony, Ree Tech should be banned from this site.

I echo what you say for similar reasons, cadellin.

Smart Punter - stop picking fights with posters. You are in danger of proving that you are not as clever as YOU think you are.

I agree SunDrum. - AJ101 avoided point scoring '

And almost 45% of the stock (excluding trading companies like Hargreaves, Interactive etc) is held by non PIs.

Thank you Wakey. I have watched that Stockbox interview several times and the interviewer who I believe is Mark Fairbairn has a good grip upon the costs at Pine Mills and Fouke 1 & 2. Your point about not looking to shareholders again to fund Fouke 3 is very good. It would help if Welch could keep his word as in his 22 April tweet on X dated 22 April when he stated that there would be a production and market update "soon" . This would be following completion of the workovers.

Interview? New?

Welch does not help himself or investors when on 22 April he tweeted on the Nostra X site that there would be "company production and a market update soon' and two weeks later there has been no such release. You cannot blame that on the price of oil - it is poor leadership of a company and more so since the company is listed.

I hope that Welch produces an RNS with updated production figures and a market update early next week which in turn shows that the market cap should not be as low as it currently is.

Per your post WI, an X (formerly Twitter) message from Nostra dated 22 April stated that the final work over was completed and that there would be a company production and market update soon.

Can someone please explain the rationale behind the string of small identical purchases which have happened today and yesterday - today's being 24 a buy and at a price over the amount at which I can buy say 2 million a trade.

Mcadder - well worth watching the interview posted by Mineral Magnet on the 7th of Mark Fairbairn interviewing Paul Welch especially from 8 minutes in, when they deal with the cost per barrel of the Pine Mills wells and separately the lower cost per barrel of the Fouke wells. Welch seems well aware of the current variable oil prices. I think that Nostra shares are cheap despite this.

Wrong TK44. The 5 mil is a buy. The interview is balanced.

On more than one front. And Mineral Magnet you reminded me to have another watch/listen at and to the Gervais Williams interview which you posted on 19th November.

Whilst I do not disagree with comments made by posters today, I am puzzled by Premier Miton's (PM's) role; they have experience and many investments. Has anyone a view as to how and at what price PM will see a return for they were buying shares in the market in the higher .0030s earlier this year and were the largest participants in the 3rd March raise?

But someone thought otherwise and purchased 40 million at a price above the offer printed just before the close.

Welch repeated in the Engage interview that he wants to narrow the gap between the MC reflected by the SP and the net asset value. He needs to redeem himself.

Nope. Paul Welch appointed ceo last May. He's done well operationally but damaged a growing reputation with the 4th March subscription price.