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Should be very interesting.

Billy you are pursuing a straw man argument.

Lots of people try to win discussions by debating something the other person didn't say.

The rise in the oil price makes more difference to NTOG than the success of the Cypress well: yes or no?

The rise in the oil price makes the Permian basin farm in good business: yes or no?

The rise in the oil price makes the Caballos Creek deal good business: yes or no?

It is not difficult.

https://twitter.com/Fosterville_FSX/status/1337061438737747977?s=20

PS it also makes the farm in deal at the Permian Basin and the deal at Caballos Creek look very well timed. Whatever the company planned on getting out of those assets, it has now substantially increased.

DYOR

Fine, that may be true, what has that got to do with now and/or my point?

Is what I said true or untrue? The rise in oil prices is worth more to NTOG than the production at the Cypress well; true or untrue?

WTI is currently $49.32. My guess is that NTOG is now cashflow postive.

DYOR

No comments about scumbags today? No comments about bad investments? Do you want to talk about HE1, TGR or RRR today or are you backing off because you have been shown to know nothing?

https://twitter.com/pauljohnson9691/status/1339940179910533123?s=20

Have a chat with Mrs Magic, she understands these things a bit better than most.

I told you several months ago that the optimum time to convert was at the last minute and that the conversion was under the control of the CLN holders but you wouldn't have it.

We sat with no risk holding the CLNs till our equity position was maximised and the risk reduced. It would have made no sense to convert earlier; our equity position would have been reduced and our risk unnecessarily increased.

DYOR

You are calculating that the CLN holders are all stupid.

Why would the CLN holders convert at 0.6p only to try to dump in the market? Where is the demand going to come from to buy the best part of £1m of shares north of 0.6p?

The conclusion must be that the CLN holder have calculated that the share price is going higher and that they will be able to get out well north of 0.6p. If they didn't take that point of view, why convert? The lowest risk option was to let the company redeem the CLNs.

DYOR

SP was looking very good, looks like some of the 0.8p placees took the opportunity to get out.

DYOR

Hey Big W, do you want to troll me about RRR, HE1 and TGR today?

The change in the oil price is worth far more to NTOG than the extra production at Pine Mills.

WTI is currently $48.42

It seems the market makers have taken your lube comment into account and moved the price up...

Whether you like it or not, someone just bought £16,800 at 0.84p.

https://twitter.com/Gulag_CP/status/1339539082184171522?s=20

https://twitter.com/PowerMetRes/status/1339523241505927168?s=20

No I don't, why not read what I post?

The assets are the assets regardless of who owns them and the fact that you have an agenda against ML makes no difference to what those assets are worth.

The only things that matter are: are the assets properly valued or not? Is the value of the assets improving or not? Is income improving or not? Does the company have an active programme or not?

If you want to invest into BP II then you have the wrong company. It is an undervalued micro-cap in an improving asset class. If you want decent returns then you need to invest in undervalued assets with asymmetric return profiles. In this company as with other companies there is an undervaluation because of management's history. All of you could have invested around 0.3p/0.32p quite easily and sold out around 0.48p/0.49p, making good money. The same applies elsewhere; trolls were going on about Red Rock when it was 0.19p/0.2p, it topped out at 1.1p: anyone could have bought in and made good money. Does that change the mind of the trolls because they invested ten years ago and lost money? Of course not, because it makes no difference what happens on the ground, they have made their mind up.

Goldman Sachs is predicting $65 oil in 2021: IMHO when the work at PM, PB and CC is done NTOG will be on around 130/150bopd net to NTOG maybe even a bit more. Compare that to April 2020 with WTI around $20 and you tell me hand on heart that is not a different situation.

DYOR

Just seen this, presumably you had been drinking or worse. Admin, this type of posting is inappropriate.

And Big W you need to grow up.

WeylandYutani, sad, sad. You are putting yourself through all of this because you have £3k tied up in NTOG?

Do an analysis of the RRR assets and revert. Other ones that you might want to have a look at are; #HE1, #TGR, #ADV, #CGO, #TOM, $PQE. I have Angus on a spread that is looking sickly at the moment but I am again holding for news, in this case on Saltfleetby. All of the others have transformative news in the pipeline. I have millions of warrants across all sorts of companies, do you want a full list so you can troll about them too?

Occasionally, I get it wrong but mostly I do okay. Where I do get it wrong, I don't blame anyone else. In my view the assets matter. In this case, the company has three new assets and the existing ones were okay. With WTI currently at $48.51 and Goldman Sachs predicting $65 for 2021, NTOG is in a very good position. On the negative history side, I didn't like Mesquite and I think not doing a deal on Egypt was a mistake: I have told ML that this was and is my view.

I am told by a third party that Mesquite wasn't all of ML's fault; advisers and shareholders at the time were telling him he had to do a large transformative deal and that adding small production at Pine Mills and elsewhere was a waste to time.

DYOR

*you're