Member Info for Lmoll

Very strange, can't see any point of doing trades of that size 🤷‍♂️

Strange isn't it, but the price hasn't moved and there is a 10+% spread.

There probably isn't many shares in free float and the people who own shares in ntog aren't letting go of them anytime soon.

https://www.bizquest.com/business-for-sale/texas-oil-deal-30-bopd-1-5m/BW1487250 So if an oil producing well at 30bopd is up for sale for $1.5million at an exceptional price. Even if we get 10 of the 21 remaining producing the same, that would put a nice chunk of change in the coffers

www.investopedia.com/terms/s/shortsqueeze.asp

I think a big clue is that the directors have options at 8p. I am sure if it wasn't going to get to there then the option price wouldn't be there and if/when it gets to that level, they won't sell straight away, just bank them until a much higher price. My 400k will ve with me for the long run, i don't need to sell any, any time soon :)

I wonder if they will be sharing drill information? I am sure it is in both of their interests.

Apart from the great news of increased flow rates, there is a little jewel of a line...... Workover costs were approximately $45,000, funded from free cashflow. No more funding needed :)

A bit of a long shot but could it be something to do with the East Ghazalat - Referral for Arbitration? Maybe the first meeting?

Seems to be moving on the smallest of trades. Hopefully a good sign

Some bice sized trades going through today. Glad i managed to get mine on friday :)

Let's hope so, i have been here since September but don't post often, i am hoping the sp stays around this level for 3 more weeks when i get some funds for a large (for me) topup. Then hopefully leave in at least until the end of the drilling programme.

Could ntog be the third party????? Magnolia Petroleum plc (‘Magnolia’ or ‘the Company’) Proposed Disposal of North Dakota Assets Magnolia Petroleum plc, the US focused oil and gas exploration and production company announces it has signed a non-binding agreement with a third party for the sale of all its wells in which it has varying interests in North Dakota (together ‘the North Dakota Assets’), being approximately 31 wells, for a total consideration of US$1.5 million (‘the Proposed Disposal’).

Agreed, great opportunity to ask any questions and get a reply if permitted to do so.

Is this a periodical thing or do you think Matt will announce something late tomorrow to talk about?

Very nice upbeat. Heading the right way :)

Could always build a desalination plant to provide fresh drinking water to the locals :)