Member Info for daramuda

I agree that it is too cheap but having improved sentiment following taking the helm, Welch handled the 4th March placing poorly in allowing subscribers in at too low a price. He's now having to rebuild sentiment.

Yes Andy. More talk the talk.

I do not know.

Increased stake if that is what you are asking.

If my maths is right, Premier Miton have invested a further £85,000 or circa $110,000 in NTOG through the recent placing. Premier Miton known for investing wisely.

Welch took over the helm at NTOG last summer. Premier Miton is a major shareholder which added a further 391 million shares in the recent raise. I have been and am prepared to give Welch a go. Those that manage Premier Miton know more about Nostra Terra than I do.

I agree wakey. It is unfortunate when some posters describe the contents of an interview inaccurately in order to suit their personal agenda. It is a balanced interview with no flannel. Welch had hoped to get the raise away at a higher price but alas.

Stockbox interview of Paul Welch at 7.15 pm this evening.

During the 21st January interview Welch stated that they would prefer not to do further discounted capital raises for amongst others they affected the chairman and himself. Whilst today's announcement took me by surprise but flagged by yesterday's share price activity, looking on the brighter side, within today's raise both the chairman Newman and ceo Welch themselves added and just importantly so did Premier Miton which added 391 million shares.

What does Premier Miton see in NTOG's assets and future and what is their plan for its not inconsiderable investment in NTOG?

Agreed gogadget. I won't go as far as to say that NTOG will become a giant but it is way undervalued and led by a guy who has his feet on the ground and imo under promises with a view to over delivery. His immediate aim is to narrow the gap between the NAV and current market value. I added again yesterday.

the positive up date to which you refer mentalmax should have been in the form of an rns detailing the start of the utilisation of the drones/radar and the bulk sampling both of which were discussed by talk tulloch when he was last interviewed. i.e. delivery. all that talk tulloch and talk ******* have actually delivered in 17 months are several placings and the sale of surplus assets - most easy to sell - plus the allocation of shares to themselves and others providing services like podcasts in the case of another director. talk ******* in the meantime on many occasions in interviews and tweets has bemoaned the fact that he and talk tulloch have worked very hard and in his last interview talk ******* complained that the market did not recognise how much they had achieved. the market is represented by shareholders ; whether they buy and hold and that as we know is reflected by the share price which is currently at abasement level.

blue mountain preparations should by now have been costed, suppliers identified and committed and start dates should have been confirmed to the market for each of the five components listed in today's rns. no doubt fan club members will criticise my comments.

At the end of the latest Proactive interview Paul Welch says that their aim is to achieve 5000 barrels a day against the current 130 barrels per day. He suggests that will take time but that is a very decent long term target. Thank you Troajan for posting the link.

I went back to the 21st January Proactive (with audience) interview of Paul Welch which one can find on this thread (posted by a poster on 21.01.25). Paul Welch has a clear aim to narrow the gap between NPV and the share price. He does not guild the lily - is matter of fact and does not engage in nod nod, hint hint, wink wink antics like some AIM management nor does he have to have a gang of insiders to move the share price. I am comfortable with a reasonable holding and added again today. NTOG is undervalued.

Testing the waters about what is possible is with respect different from clearance for a particular deal.

Bottmzup - whilst I do not believe Nick T ever made partner at Gouldens, any solicitor worth it should know that under UK law a party to a transaction can apply to HMRC for a tax clearance certificate in order to know that if that party proceeds with the transaction, the efficacy of the transaction will not be challenged. You can google this fact. Obviously UK law does not apply to the alleged/proposed transaction(s) - Australian law does. I would therefore be wary about using the phrase "we know it can be done legally" although I assume that those advising ECR will have tested the waters.

I guessed as much that Premier Miton had been adding thinking that that 15 million buy just before the close yesterday was theirs. NTOG is well undervalued. WTI price per barrel is holding well. We have a sensible guy at the helm - not one of those talk the talk promise a lot but not deliver merchants.

WTI oil price on the move north again. More profitability for NTOG which in the opinion of many is undervalued by the market.

Paul Welch the NTOG ceo is sensible. Evident yet again from the latest Stockbox interview. There are many juniors where management make promises which bring few if any results. Welch has doubled the share price which has resulted from employing good straight forward business sense and experience. NTOG is imo a good stock to follow. I am adding as and when I can.

I am a relatively new investor madeit and thus not burdened with the past financing and raises. My personal analysis is that the new ceo Paul Welch is doing a good job and has returned the company to operational profitability day by day. I believe that NTOG shares are undervalued at its current MV, an opinion which seems to be shared by other holders including other PIs, Premier Miton and Peel.

The recovery continues.