Member Info for MozzaBezza

I suppose that right now we're waiting on two things:

1. Joint venture news/partners
2. MOU for us to acquire more leases

The question mark for me is over the cost of acquiring further leases. However, I assume that if we get a JV partner on board that they would front costs of drilling in exchange for us operating and having a net interest of some form.

All my opinions only.

All going well this could be an interesting one.

I would hope that any MOU is for the JV partner to do upfront funding and for AOGL to then operate and hand over an interest in the Wells drilled. I know nothing on the matter, but that would seem to be the ideal move going forwards.

Looking at the volume spike here today, yesterday and a few days ago. i think something must be going on here.

I don't know what, but there's the old expression: "there's no smoke without fire" for a reason.

I think we'll continue to go higher from here. The lack of selling above 1p is very positive and THAL buying more still looks good for the future.

Further city presentations next week apparently. I think we go higher from here.

https://twitter.com/shareGBP/status/1191677956453806083

I'll second that.

VP. Has been getting some interest in the last few weeks. Might just be beta drag, but there have been a lot of reasonably large single trades recently.

Looks to me like something might be going on here.

Not at all, no worries.

Tell you what, I'll ask my younger brother (who is an accountant) and get his opinion on the matter and then I'll report back here.

I don't know if he's a buyer here, but he just tweeted:

"#NWT has been on a non-funding roadshow in the City this week, in a bid to drum up interest in the shares.

Tiny mkt cap, turnaround play which is now profitable, cashed up - all the ingredients for a steady re-rate. 1.5p by Christmas, I'd say."

https://twitter.com/MylesMcNulty/status/1187658735185006593

I'm not an accountant, but to be honest I would much rather that they don't accrue their revenues and do them on a cash received basis, as it's easier for me to get my head around when I read the reports through.

That being said, I do understand your frustrations and an update just saying how much they have invoiced for would probably clarify this point.

I don't know.

I am prepared to give them the benefit of the doubt, esspecially as the last time I read into it gas was being paid on 90 day terms I believe.

I trust Amoruso very much and I know people who know him who speak highly of the guy.

I still don't like CW and would like to see him go, but this is what it is and I think that on balance we're at least going somewhere.

Hi guys,

We discussed the revenue reporting in our Twitter group chat and one guy had a reply from Amoruso that I'm sure he wouldn't mind me sharing this bit of to try and add some clarity to this point:

"We resumed operations on April 1-15. Sold our first load of oil mid to late May and they're on net 30 terms."

It was a much longer email, but hopefully that clears this point up.

That's a fair point.

I would like to have another update on where our BO(E)PD is currently and an idea of our cash generation (if any).

I thought it was a pretty good RNS, TBH.

On one hand I do think that the warrants were a bit excessive, but at the same time I would rather than than a straight placing which would have had even more warrants and a massive instant price drop to match.

I feel that this RNS allows a level of forward planning that we can move with. I would still like CW to leave, regardless of him drawing his salary or not, but on balance this was a good RNS all else considered.

Many thanks for that Dab808. Very much appreciate you updating us all.

Many thanks from all of us here for going to the AGM. If you get time to give us a vague summary we'd all really appreciate it, if you get the time.

All the best,

Many thanks. Very much appreciated.

I would be interested to know more about this too. I've been a holder here for a good while now and think that it would be of wider value to the investor community.

It has a delayed publication stamp and I reckon is probably a buy from mid afternoon as I can't think they would have taken that size live right before the close at touch prices.

That being said, I also wasn't at my desk for the very last part of the session, so WTFDIK!

Something seems to be happening here this afternoon...

Looking at how much stock has shifted at 1.25p I think that the MMs at at that level must have a buy order in. Well over 3.5m has been sold at 1.25p now in the last few days and yet that level hasn't bumped.