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Once Egypt is sorted in hopefully the not to distant future, then im sure that will factor in very well to the spare price which combined with the upcoming back to back drilling in the Permian Basin will lift the sp to where it could and should be, which is a lot higher then present, thus also raising the mcap. Patience is needed here.

I agree with all the positives, my only concern is how long the arbitration proceedings drag on for with the East Ghazalat situatio and at what cost. Im hoping that Ntog and North Petroleum will both come to some sort of agreement or compromise fairly swiftly, so then both parties can move on and develop, as now could be a good time with oil prices tipped to hit $100.00 per barrel, (i don't think that'll last tool long though) but no-one can tell really. But with Ntog the positives fare outweigh any negatives thats for sure, and Im glad im here tbh.

I think Matts going to make us wait a little while until he announces anything regarding early May spud, to keep us in suspense, Once the wells do spud then it'll be a further wait (hopefully not to long) till flow rates are confirmed, Some oilies will give you flow rates in the first 24 hours which can be misleading as flow rates should be measured over a longer period of time and which will then give you a more accurate picture of oil flows. all imo of course.

At least your honest Blowntobits, i also thought the share price would rise too post launch but disappointingly never did. I do think its a big IF with solus. Well I'm hoping they do and im sure most of us on this board will be hoping the same. But the question is who picks up the tab for the rest of the fund raising, more dilution of course, but i also think this company has a great business infrastructure and given a financial lifeline will do extremely well being a first mover with its high throughput technology amongst other things.

I think thats the news investors want to hear imo, once solus confirm and thats a big "IF", Then it will give private and institutional investors the confidence they need to top up or jump on board. If this does happen then sp will be going northwards again, where it deserves to be really.

Yes that headline was a bit of a heart stopper, still worth holding though. Lets hope solus take up the rest and keep Avn afloat.Its a difficult one with so much debt, but once we can overcome this financial hurdle and Hylas 4 completes testing then the big money contracts are all there in the pipeline.

Agreed, and once arbitration is sorted out with north petroleum , hopefully within the very near future, and its in both parties interests to settle sooner rather then later, what with oil prices climbing higher, then the quicker we can get on and develop the sizeable assets Ntog has in Egypt. But right now our sights are set on Texas where its all taking off, and as an energy analyst at Robert W. Baird & co. stated recently.... The Permian Basin is the Beverly Hills of Oil. GLA

Bit of a knee jerk reaction then by some panic sellers, this may cost them in the long run. Not only is the Permian Basin bringing home the bacon, but the sizable concession in Egypt, which currently produces around 450 bopd and if the oil price does rise to $100.00 per barrel, if things do worsen in the middle east, providing settlement is finalised with north petroleum, would bring in $45,000.00 per day for NTOG....

If oil does reach $100.00 per barrel because of rising geopolitical tensions (quoted from a story in the daily telegraph) where Iran maybe subject to more sanctions, thus blocking 700,000 barrels per day coming out of that country then it will i believe benefit companies like NTOG. GLA

Its only a matter of time before the institutional investors pump in the bigger funds, then this stock will sky rocket imo.

Sorry i meant to type L.A. as in Latin America. Lets hope it steers the share price upwards too!

Thanks for confirming that GCCRa, with regards to Latin America, WO, my info comes from Avanti news and other news sources etc. If im not mistaken Hylas 4 has about 64 fixed beams, and 4 steerable beams of which they will be aimed at L.M.

GCCRa, I hope your right, i know this company has lots of debt, but didn't Thomas Cook have lots of debt too some years back and they managed to stay afloat, If i remember rightly their share price rose by about 1,000% after they were rescued, so who's to say it can't happen to AVN. With the patented technology and infrastructure Avn has, let alone coverage to billions of people in the EMEA regions and Latin America, then whose to say it can't survive this financial hurdle.

Thanks Cassius, just watched it and looks very interesting, Hopefully they'll raise enough funds to pay the bills and stay afloat. Avn has so much to offer its customers, the infrastructure being in place over many countries in Africa, with its gateway earth stations, and it has complete coverage over that continent, and some parts of latin America, also being a first mover in that area of KA band etc gives Avn a good start over any potential rivals. Hopefully once funds are raised and the company is kept alive, then it'll give customers over the EMEA regions more confidence in Avn and thus the big multi-million pound contracts will come rolling in.

Well i hope your right in setting your sights higher TaffEvans, i suppose i am being a little pessimistic, or reserved. Theres lots going on with Ntog right now and it does look attractive to any predators out there who may want to expand. Thanks for the link gustavio just listened to the interview, quite interesting. Matt sounds very positive with developments.

Good price to get in at... but will we ever get out! Am tempted to top up but its a case of red or black.

I wonder if any of the big boys may try and snap up Ntog knowing that this company is on the upward movement. I wouldn't be surprised to see an offer of between 10-15p per share, or maybe more once the wells have spudded and flow rates are known. It maybe wishful thinking but you never know what might happen in the not to distant future.

Lets hope that Matt proves all his critics wrong.

I think monday will see a much bigger surge in share price action as traces of warrants disappear, and we move on up to the next rung of the ladder. Out of curiosity does anyone know what happened to Tony45, remember him anyone? constantly criticised and was always bearish about Ntog and seem to have a bit of a grudge against Matt Lofghran. I wonder what his views are now that this stock is on the up. Maybe he bought in at a lower entry.. well good luck if you did tony45. Its a good time to get on board.

Hi EyeGuy, Its good to know that no stock sub �50 mill mcap has facilities like Ntog so it bodes well for where we want to be. It shows how undervalued this company really is, Nice little rise today, and it looks like things are falling into place, with great relief may i add.