Member Info for LongTrek

Your spouting rubbish,

Do you have access to their bank account,?

if so wheres the proof they've been paid then?

Im not saying it hasn't been paid, but theres no

evidence it has been,

and thats why investors are holding back i believe.

I do not have access to price sensitive information, but previous RNS's

clearly state that a payment of $1.000.000.00 would

be paid IN DECEMBER 2024 under the terms of the MRA.

And that hasn't happened yet,

so I just hope promises are not being broken, (again)

The fact that Contango Holdings still hasn't received payment from

its largest investor/shareholder, is beginning to reflect on the share price.

They promised payment would be made by end of December, but nothing

has been paid as of yet.

This sp will keep dwindling until promises are kept.

I know there were constant fundraises not too long ago, (under the old management)

but the difference from how NTOG was run back then and now are worlds apart.

Paul Welch & James Newman are experienced professionals steering the company in a new direction.

I honestly think things are looking brighter for the company under their guidance & leadership.

Once those revived wells have been pressurized , and that does take some time, then hopefully the oil will start

to flow thick & fast, so plenty of upside from there then. GLA , DYOR.

Our time will come with this share.

Anyhow, Merry Christmas everyone &

enjoy your day.

Ive read that a record amount of companies are leaving the U.K. stock markets,

AIM especially, well i wonder why?

And for those that are left, i wish us all the best.!

Here's to the future of NTOG.

Personally i dont know how some of these bent MM's get away with it.

We need AIM to be a little more regulated so we dont keep getting

robbed as we have been the last few years. Maybe some form of a stock market ombudsman ?

On a plus side, that was a reassuring interview on stockboxMedia by the way.

I think theres a possibility that someone knows something we don't?

Maybe a white knight in shining armour is coming to save the company.

Let us hope. GLA

Yes that was a good listen,

It'll be a steady climb up with the share price,

so its a long term hold for me.

GLA

Now heres an interesting article i read on the CNN website;

Scientists discover huge trove of rare metals needed for clean energy hidden inside toxic coal waste..

—

Millions of tons of coal ash left over from burning the planet’s dirtiest fossil fuel are sitting in ponds and landfills, able to leach into waterways and pollute soil. But this toxic waste may also be a treasure trove for the rare earth elements needed to propel the world toward clean energy.

Scientists analyzed coal ash from power plants across the United States and found it could contain up to 11 million tons of rare earth elements — nearly eight times the amount the US has in domestic reserves — worth around $8.4 billion, according to recent research led by the University of Texas at Austin.

Now I know its early days with this research, but it may change the way we view coal as a 'dirty' fossil fuel. This could be another addition to Contangos already enormous business opportunity. Owards & Upwards.

Thought i'd buy more today and average down a little, as originally i'd bought in the sevens &

I'm still a little underwater with this one, but royalty payments are a big attraction with this share.

Things seem to be falling into place with this company,

shouldn't be too long before the first payment from the big

investor rolls in.

So that was a bit of a mixed bag RNS, I don't like the paragraph where he states that "if the company failed to realise receipt of royalty payments, it would be require to raise more capital',

so i take it that means there could well be another fundraise if Huo investments failed to keep to the agreement.

On the contrary, i do like the mention of intended dividend payments.

If Huo investments are a reputable organisation , ( i believe they're one of the biggest Chinese investment companies in Africa) then i don't see any reason why they wouldn't pay what they've promised.

Otherwise there will have to be legal proceedings.

Thanks Spodulike, just like to tell things the way they really are.

Let's hope that 2025 is the turnaround year for NTOG,

I mean it couldn't get any worse now could it?

Our hard earned money is at stake here,

& its now in the managements hands to make it work harder for us.

Goodnight all.

Ive been invested here for many many years, & it actually seems like an eternity to me.

Seen many more highs then lows, just look where the sp is now.

But of course there is the new management in place,

so things have definitely changed for the better, theres no doubt about that.

Business is certainly looking better than it was before, regarding reworking the old wells and more bopd to be sucked out of the ground, so until i see some very serious positive results, then to me there's nothing yet to be too excited about.

Positive results will ultimately drive the share price upwards. So let's just wait & see eh? Best of luck to all investors.

If things work out well with CGO, than i'm holding out

hope for some dividend payments,

I don't see why they would'nt really, with all the

planned royalty payments from the biggest investor.

Maybe the payment for the bulk samples were put towards

working capital, as i would imagine they still have a lot of

overheads to take care of given the size of the operation.

Im hoping the reason the auditors haven't yet put out the

relevant information is because theres so much money to

count!!! Wishful thinking eh? GLA

'i believe even those joining now will be richly rewarded'.

I do like that sentence, but the problem for me and many other LTH's

is that we joined many years before and we were very poorly rewarded.

With constant fundraises, promises of jam tomorrow etc. etc.

But hey ho, they're a new management with a different way of thinking &

different strategy, so i'm holding out hope, Onwards & Upwards

Wow, there were some very big buys today,

I haven't seen this much activity with this share for

a long time.

Buying volume heavily outweighed the selling,

i'm surprised this share price isn't higher than what it is.

Even though we've been diluted again, i have to say it is reassuring to see

a blue sea of buys today.

Goes to show, investors do have a renewed sense of confidence in this stock &

we really do hope the new management will not let us down as previous

ones have. GLA

Looks like more dilution on the way then folks.

why am i not surprised with that announcement.

Seen it so many times here before.

But there again if it leads to more production & better results

then i supposed it has to be.