Member Info for EyeGuy

LSE been pants for a few days. Nice to see a bit of blue. Waiting for drill news now

Wti over $69. This bodes very well. Next drills adding straight on the bottom line with likely increased Permian production of 200%. Great

Share supply is getting less and less and sentiment is growing. A perfect storm imo

Good morning. No - I got the point mate. You are correct - some of the sells could be the folks that got some 3p shares warrants taking profit. However it is different to what I consider flipping which is presellinb shares and converting after. The people who have taken shares now have had to part with their own money upfront. Pre selling the shares means there is always pressure of the sell side at a level over 3p Hope that helps

Yep- agree changedman. Ntog already cash flow positive. The likely 200% increase in Permian production straight on the bottom Line. It will be gravy as Matt has said. Circa. $40 per barrel profit I make it. Gla

Is why I filter them. They post the doom but that is actually a lie. They believe the opposite hence they are buying shares. They are fake bears and that is why their fake opinions can be disgarded. Genuine negative opinions though on all stocks should be considered as per this why these bbs are here Hl

Seadog good post. Unless you are a financial journalist the only reason to post on a BB is due to financial or emotional attachment. Financial being you want the shares to go up or down or swing trade. Emotional maybe because you have a grievance, annoyance etc. There is no third option. Been doing these boards for years and 2 posters that spring to mind - richthenewbie on Xtr and rossannan on lgo- now cerp played roll view of posting 24/7 to have a balanced view. Fast forward a few months and they hold and trade the shares. You can bet your bottom dollar that the recent negativity is due to swing trading. Ie they are fake bears. Talk the shares down, spread the negative whiff but are actually buying the stock. All the nonsense of protecting the pi from B.B. rampers. That�s dog crap. They are looking after themselves I can assure you of that. Spot them a mile off. They never post what stocks they hold. Only the prediction of a fall in sp. I am honest with what I hold and have had the best year on aim so far. Never believe all You read on a B.B. Imo dyor

Do I think the share price will increase? Yes. I cannot see how with increasing levels of cash, newsflow on increased production the share price will fall Of course the oversupply of 3p shares has meant a few months of volatilty and a retrace from highs but I can see a new high soon. In terms of share supply. Not worried now as the company is making cash and has cash. If Matt wants a new asset then we trust him to make the right decision on how to pay for it. But the strategy is clear now in terms of wanting more cash flow. Should be a good few months imo IMO dyor of course

investment here is clear Do I think over next few months newsflow will hit? Yes- two wells drilled along with the excitement of the drill Do I think cash will increase? Yes with increasing production from more wells and the twinwell performing well above expecatations would expect cashflow to grow. Do I think the credit facility will be upgraded? Good chance I would say. Matt said this is reviewed twice per year and with recored production at pine mills, BP hedge and oil price rising may expect more drawdowns. IMO

good week coming next week after that trade me thinks. No way is that a sell!

massive trade showed up. wowsers!!

Topicel- this isn't flipping stock. Its more that 10 million shares were purchased at 3p and some may take a profit and some may not. The flipping stock is done. Its trading in a normal market now. Sure there may be folks who got the warrants at 3p deciding to cash in but that's no different to anyone on the open market deciding to cash in either, I am happy - good day overall and volume is high and sentiment is back. All good here imo

Here is a quote from the poster called Surely who posted this a few days ago: So what's the latest Eyeguy prediction to look forward to. "Recently Eyeguy ... end of the warrants this week ...will result in a rebound in the SP" ok, looking forward to that one. Yep simples. I was right. You were wrong. Still filtered by the way. gl

I'm enjoying today very much. !!!

good morning Topicel. Yep- the warrants now have gone and it is trading in normal market conditions. There may be some warrant holders that offload, just as some traders or long term holders will. But the fear of what happens has been taken away too and we can get the good news now without worked sells pulling us back- because IMO that has what has been happening over last few months. Looking forward to blasting through yearly highs short term. With news flow coming up should be a good run imo

Yearly high 5.95p in Jan. that was before the twin well results which are nearly double mean market expectations. Plus 2 new wells coming fully funded and record production at pine mills , plus cash flow positive. And the share price dropped imo due to over supply of shares at 3p. Now warrants put to bed looking at that yearly high as a first step. Let us see

Good morning long trek. Agree with that. Matt has again said on Twitter he thinks the mcap is too low and bad said again no stock sub �50 mill mcap has facilities like Ntog. Facilities being the BP hedge (not used yet) and the new credit facility with Washington bank at 4.75% interest. Not a loan note death spiral in sight here. The market can now decide over next few months what fair value is but I suspect with more wells, more cash, more next and less share supply as warrants ended then it will be up. We will see. Happy to hold

We have 2 trolls here. But anyone that invests should do their own research and be happy with that. I see a good rise here. After all more wells = more cash against the end of the warrants. We will see of course. The trolls which I have filtered have their own agenda- and it aint protecting the pi from bulletin board rampers. Likely trading the swings or talking holders out of their shares. Same on every BB. They never tell you what shares they hold.Best off filtering imo

Net production from these new wells will give total of circa 250 bopd to Ntog. That�s still 525k dollars per month revenue. Operational profit is probably more like $300k per month. Obviously for net profit at plc level then it�s less but then again there are 21 more wells to drill. I think give it a few years and Permian production will be 1000bopd

Afternoon Gustos. I expected a bit more volume to arrive when the warrants have been done. Some of the sidelines now think its a good time to take up a position. We will see where this goes but I always said its a case of fairly simple maths rather than the whos a ramper distraction nonsense. If they can produce profitably at $30 oil - which is what Matt has said and oil price is almost $70 then of course the shares should react at a �5 mill mcap. Not forgetting the next wells are funded and the credit facility will likely be reviewed again soon. And the credit facility is based on circa $35 oil only on pine mills- which in itself is now producing more. Bit of a no brainer for me.