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Now 15% down and no I do not miss the point. You can ramp this oil spill up all you want but until Lofgran goes, things are not going to change. A increased faculty from WAFD with/or better terms is only going to end up in their pockets or if they are feeling generous, a couple of Dinar in tips might end up in their waiters pocket when they are on holiday in Tunisia.
Fanta, stay away from this oil spill. Don't listen to Ismalia, he said that the share price would be 5p now, twat.
I am not invested in NTOG at the moment and I am one of the very few who got out with a positive investment. Ten years ago I started to follow around 20 oil and gas exploration companies on AIM, some have now folded or merged but NTOG is the worse performing and managed company out of the lot. Yes they may have a new chairman but the day to day running is still the old management. Please learn how to invest in shares and research the companies history, performance and prospects.
As an old friend used to always friggin state DYOR
A friend of mine who lives in Texas has an oil leak on his car and he drove through the NTOG acreage so I guess his car must have dropped around 10ml of oil. So buy NTOG now people as this would double daily production and the share price is about to rocket. This time next year Rodney we will be ...........
Helpless, all you mention is your guess at income which is just one big guesstimate.
How about outgoings, directors wages, staff costs, property costs etc. Do you have any guesses on these?
And when you mention placings, you really do not have any idea about NTOG do you.
My first post here, and I am only here as LSE no longer allow non-members to view this chat board for free so for the inconvenience I thought I would just state my opinion on this wonderful company. And before anyone either pro or against NTOG and questions my knowledge, I spent 25 years working in corporate and investment banking in the city, US and Europe for some of the biggest banks and hedge funds in the world.
NTOG is a pile of excrement, it is a lifestyle company for the directors and board. ML is not JR or even Bobby Ewing for that matter, but he tries to live the lifestyle at our expense. I was invested in NTOG, in and out for a few years around five years ago and I was lucky to get out a few quid (+3%) up on my investments but this was a hard one to just break even. With this companies history, the 'assets' they own, the current price of oil, no more options on the oil price and the frequent placings when the electric meter needs topping up or when they’ve run out of milk for their coffees.
You your own research but also do your own math.