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BT,
If you really are going to use my name in your tweets, which I haven't got a problem with make sure the info you display is accurate, not once have I compared NUOG with any other company.
Tool
No problem Sbp, your welcome
I think it's in regard to Aker who didn't want to be assosoited with marginal or the operators that they have spoken to didn't want their field to be called marginal. Plus the strap line on the website under there logo changed, we have been speaking about that for a number of months now that is nothing new in this managed stuff.
People have chosen to ignore it at every step of the way, maybe just maybe people will start listening to the right people on this BB,
You can forget about marginal fields and really start thinking on the lines of managed.
Yes FMP,
AT AGM clearly stated moving away from marginal fields to managed fields.
Ying,
I'm sure debts will need to be paid off, and can't just walk away, otherwise I would have thought this would have been done a few years back.
Great tweet, pretty much spells it out.
Give us our thread back please,
It was a good discussion, I'm sure watchers of this BB are interested so they can do there research on potential producing fields in Brazil. The bod have already said we are targeting Brazil,
I'm sorry it does suit the trolls agenda does it.
Obviously the RNS was a bit to subtle for most of the trolls that like to grace this BB.
The company are virtually telling you what is happening right in front of your faces. Please read the RNS.
Market has not responded as they want the actual deal announced, rainbow chasers not happy that it wasn't the actual deal sold, causing the weaker amongst us to sell MM's took advantage and in doing so walked it down taking stop losses along the way.
CHINA DOESNT REPLACE BRAZIL.
What is happening with China is to help facilitate the project for marginal fields, and that would be the Brazil project. Which the company has also told you about. Now how can you miss that it's staring you all in the face.
Their is going to be some bemused faces the day it lands wondering how they missed out.
It's upto you if you want to listen, but would suggest you go do some research, the way the market has reacted may indicate you have sometime, but I doubt you will have as long as you think.
Good luck in your investment choice. If you had to sell then fair enough only you can decide and press the sell button.
Pijoe, you obviously don't pay much attention to this share unless your paymasters tell you to go on, if you did you would have been well aware of the the rumours and scaremongering going on.
This RNS although not the actual one everyone wanted, is yet another stepping stone to the end game and strategy the company has adopted. If you don't read the details or even follow the company then I guess you will miss all the hints today's RNS has given you all.
It's quite clear why some people are here. The company have a clear intention via China facilities to facilititate our project over in Brazil with no competition for the deal, and no threat of dilution to NUOG.
NUOG are spelling it out bit by bit what is happening and as and when it can be released. Some people are really going to be kicking themselves
hes being saying for 6 months we are delisting, no we are still here.
Each RNS gets better with more glimpse of what is come. I know it's not the RNS we wanted but they are building towards the announcement.
Just had a look on the Twitter feed for first time today, BT would have you think wobwat,Sharelock,seadog, last throw and myself are selling up, not on your nelly sunshine.
Big gains to be had, China facilities to facilitate the Brazil deal, no need to dilute NUOG, read the details fellow investors, read the details.
Sharelock has highlighted the key to this RNS, China facilities is just that to facilitate the project over in Brazil.
A regeneration strategy,has been identified, so from that they have seen something that presumable was going to be used in the past that didn't materialise at that point. Now with MF consortium want to regenerate this project to be used in our projects.
So it looks like we are negotiating with a Chinese company for this to be used in Brazil.
People need to start doing a bit of research in this area, its another massive clue the company is giving here in my opinion toward the completion of MF deal 1. I would think due to confidentiality this is as much they can disclose right at this moment.
Think Lse having issue again, been unable to post.
LT - I personally don't think it will be started from scratch so to speak, the piece of kit I would imagine would have been built and ready to go, that not to say it might need some modifications to suit our purposes. There are examples out there if you research in the right areas,in relation to China some very large unit that could come in useful for any of our projects.
It's certainly an interesting developement from the company which shows they are progressing towards their main aim.
MF China facilities, is the name it is to facilitate a project so the assumption China negotiations will run concurrent with Brazil, that is my understanding and interpretation.
For this to be included in this statement then progress must have been made to get to this stage, another step closer to the end game.
floating production storage and offloading
China and Brazil, will be very much connected if you ask me, and like Sharelock says some kind of FPSO is in the offering for Brazil, could be mega news.
You do that then.
Let's just see how this pans out shall we
Obviously we are still waiting for news, which is the frustrating part to investing, but fundamentals have only got better over the last few months.
As investors and shareholders of the company would we like all the the companies associated with all the projects we are involved and going to be involved with to deliver news to use every week, every month, of course we do. PVF are very committed in getting garden hills into production, it obviously taken more time than anyone of us imagined it would have, I would put down to the site itself taking a bit longer than they thought it would, DNR asking more of PVF and also a different way of life out in Newfoundland. So as said doesn't make them anyway less committed for success but it's about the long game, and I wouldn't have thought they would be thinking of a private investor in England is waiting for an update to propel NUOG sp so that PI can sell his/ her shares for a profit. It is us that have to understand the bigger picture and wait for them to complete their work in order to get and maximise the performance of the well, so if we have to wait a little longer for this to happen then so be it.
Agree we very much need an update, but there is nothing to say and no evidence pointing to any kind of failure, that would have to be put into an RNS so the fundamentals on both garden hills and MF deals are very much on the table and I look forward to when they get in a position to announce something tangible.
IT was roller that sold today, I wouldn't class him as a LTH, he's sold out a number of times. The hardcore LTH have not sold a bean, I will guarantee that.
its times like this you do have question why are you here in the first place. So my advice is go back over your research and ask yourself has anything really changed in regards to the business, what prompted you to invest in the first place, those fundermentals of the business strategy have not changed they haven't moved the goal post, they have even stated wher the MF deals are the fundermentals have got even stronger over the past few months in all the comms that have been produced, do we need more information yes we do but untimely nothing has actually changed and we still remain on course. It's hard I know and frustrating at times as we are news hungry pi wanting info everyday/every week, would I like more comms to come our way yes I would, but it doesn't change the fact all projects remain in our sights, when is a different matter I just don't have a crystal ball, but RNS will be dropped, you will not have time to build a position, when it does. We are here for potential and once the deal has been laid bare then I have a feeling some people that have changed there mind today will be regretting their decision to sell. But each to there own and if you need to sell its your decision.
Back to trolling school me thinks.