Member Info for Helpful

Ah so now we have established that the current production is well in excess of 67 bopd, you are not interested in that anymore but want to move on to a new "attacke" point.

You are not very good at this analysis and debating stuff are you?

Strange how your attack has moved on from its a spoof and will never be drilled, to they will mess the well up, to it won't much of a producer or a successful well, to I thought they would produce more than that, to he is late in updating us on production even though they lost about ten days because of the weather at Pine Mills.

Anyway, I expect more good news in the near term and I expect 1p to be in the rear view mirror pretty soon. You will need to make up new attack points like, ML was mean to me and made me cry.

xx

DYOR

https://www.investegate.co.uk/power-metal--pow-/rns/haneti-nickel-pgm-project---drilling-update/202101261300019430M/?utm_content=bufferd6ec3&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

25mil shares and 20mil warrants.

DYOR

Glad to see we are agreed that current production is greater than 67 bopd, that NTOG has confirmed it to be so and that you continuing to state that 67 bopd is current production is mis-leading.

The only thing subject to doubt is how much greater than than 67 bopd current production is.

So I hope that is the end of you stating that current production is 67 bopd and your little mini-me chirping in with the same.

Again, my view (only my view not a fact) is that production will come in somewhere around 120/150bopd with more to come in due course. 120 will be very good, 150 bopd will be excellent.

Care to give us your best guess (and you know it is more than 67 bopd,so be clever and don't say 67 bopd)?

xx

DYOR

https://twitter.com/StockBoxMedia/status/1353721329455747073?s=20

Yep and the start of production at the Cypress well was delayed by bad weather for some ten days.

xx

PS I notice that you pick and choose which bits of RNSs you think are relevant. So is current production greater than 67 bopd or not?

You need to calm down Steel Titan old chap, you will do yourself an injury.

Take your 67 bopd and then look at Caballos Creek and then add in Pine Mills (and this not a trick question) do you think that that number will be greater than 67 bopd or lower?

Well lets see old chap. I am still very happy that we will be at 1p very, very soon.

A hint for you!!!
"As previously announced, some production was temporarily suspended during the period of lower oil prices in order to conserve capital. Those wells have now been put back online and production is back above pre-curtailment levels. "

DYOR

https://www.investegate.co.uk/nostra-terra-o-g-co/rns/positive-oil-price-impact/202012150700076222I/

Last para before the quotation:

"As previously announced, some production was temporarily suspended during the period of lower oil prices in order to conserve capital. Those wells have now been put back online and production is back above pre-curtailment levels. "

So as I said the 67 bopd figure is well out of date.

DYOR

It four: two are intended for this well and two for the next well. There is no reason that the two intended for the next well cannot be used for the current well. If they need more tanks, if you look at the pictures you can see that there is plenty of room to install them.

https://twitter.com/NTOGplc/status/1353665165254946816?s=20

https://twitter.com/NTOGplc/status/1352508261325529088?s=20

I thought the same: just checked the 3 year chart and it looks like the highest closing price was 14p. Maybe it went higher intraday.

Fingers crossed.

There are four tanks and each is 400 barrels.

Well Titan old chap, you continue to believe that and we will see who is closer when NTOG updates the market: I reckon 120/150bopd net to NTOG and cashflow positive.

No crying yourself to sleep.

XX

DYOR

No share price goes straight up or down. 1p pretty soon. A bit of profit taking today but to be expected. It is good that those who want out can get out.

Anyway what do you reckon to the well that you said would never be drilled?

Cost to NTOG about $60k: 32.5 bopd on a constrained basis. Valuation about $20k per flowing barrel (maybe more in this case). So about $650k to NTOG at a cost of about $60k plus another 3 PUDS and a bunch of P1 reserves in due course.

Looks to me like NTOG has worked a blinder but you and the other investing geniuses on here know otherwise.

XX

DYOR

Likely
1. JORC updated by CSA
2. MOU signed on tailings
3. Mining application reactivated on tailings
4. Exploration programme agreed.

Take your pick. I think certainly the JORC update and probably the exploration programme restarted.

DYOR

Yeah Justbe, that old chestnut but quite an important one. Then on to bigger and better things. You have been wrong so far, will you continue to wrong?

A thought for you: at £3mil market cap, NTOG is not valued much higher than cash shells. If you were someone looking to list an oil & gas business, which would be better, a cash shell or NTOG? Maybe you can comment in your blog?

DYOR

Likely that the next RNS confirms NTOG cashflow positive.

DYOR

https://twitter.com/DavidLenigas/status/1352936379441942528?s=19

Interview..

https://twitter.com/StockBoxMedia/status/1352607998091390976?s=20

25mil POW shares and 20mil POW warrants.

DYOR

Worth a read re the geo-thermal..

https://alephcommodities.com/news/aleph-signs-mou-with-angus-energy-for-saltfleetby-debt-funding

From one month ago today. Worth a listen..

https://www.malcysblog.com/2020/12/core-finance-ceo-interview-george-lucan-of-angus-energy-3/

Kansai are based in London not Kenya.