Member Info for NorthernMagic

nuggets of information that come out of the presentation next week. The obvious focus is the Paradox drill but knowing this company and their recent IF there will be lots of potential acquisitions they can start to build on or snap up. The great news is they have 509 plus barrels worth of revenue coming in day by day and further expansion on the cards. Just hope CH and his experienced team can keep the momentum going.
Atb,
Northern

hence sp of late? Is there a reason or just a change in sentiment for the share?
Atb,
Northern

Yep, That's the same sort of frustration that gets to me with this share too comeonvog. Here's hoping we get some really positive news in this week's investor call. Will be very interesting to hear how PL responds to any testing questions 're company and sp performance.
Atb,
Northern

about this outside company activity in the recent days where it looks like something is going on but we are not being informed.
Maybe I'm barking up the wrong tree but it seems odd to me.
Atb,
Northern

in terms of news. However, there do seem to be things happening in the background 're Atome - new Director and a new company for Paraguay operations.
I hope we are going to hear about all these things in next week's investor call and that there is nothing untoward going on.
Very quiet on the Atome front too - here's hoping for lots of news next week.
Atb,
Northern

by this time next year the Chikumbi-1 well will hopefully have been spudded and be making some progress.
Atb,
Northern

A little surprised there's not been an RNS maybe we will get one tomorrow 're this appointment.
Atb,
Northern

President have been quiet on that front for a while.
Maybe we will hear something soon - hope so.
Atb,
Northern

the sp dropped back after last week's rise there now appears to be a push to build on last week's news to get an increase in knowledge 're the wells being drilled which will hopefully cumulatively add to the sp. At least now we seem to work being carried out in a number of different wells - so hopefully now in a better place than a few months ago.
Atb,
Northern

related to when it comes to selling out of the Beetaloo(and get a great price) - or a move to grow the company after the sale of the Beetaloo. Very interesting timing of the appointment and background of Joe Nally - i.e. build, grow and give strategic advice to other companies.
Atb,
Northern

Cannot argue with the low market cap but given the past experience with this share I am not sure about the inevitability of it moving north. I sincerely hope I am proved wrong. I'm now thinking it will be next year before we see movement north.
The company are not helping themselves by sitting on production and revenue figures. Maybe we will get more news shared at the Investor call on 23rd September.
Atb,
Northern

earlier today I do however think by the end of this year we will be looking at an sp of 10-12p.
Atb,
Northern

Imho RiskyBusiness1 it is too early to think of takeover and fair value.
Yes, this might come in time but I think a lot has to go on before the BOD get to a point where they might even consider selling. Like I say all imho but I think we are talking at least 3-5 years before we get to that point.
Atb,
Northern

Not sure about managed. Considering how this company's sp has risen there is bound to be a time when the buying pressure recedes hence what I think has resulted in the treading water. When the production figures come in and a field development plan plus further acquisitions then I think rather than treading water we will start to make rapid progress again.
The only real constraint I can see on further bigger acquisitions is the revenue to do it. If they want to make further bigger acquisitions then I suppose they can do a capital raise. In terms of timing though in the grand scheme of things the end of October is not that far away - just probably seems like it given this company's rapid progress. All imho.
Atb,
Northern

we will have a bit of treading water in terms of the sp until we get to the end of October and find out about the test production on the well.
I cannot see any more acquisitions and hence news before then but would be happy to be proved wrong.
Atb,
Northern

Thanks Schlemiel,
Unfortunately don't have subscription for this.
Atb,
Northern

Thanks Phoebus,
Much appreciated.
Atb,
Northern

combined further news from Santos drilling that will shoot this sp back up again?
Atb,
Northern

I feel pretty much the same 're the drift down in the sp. PL doesn't seem too concerned yet I thought he had aligned his interests to shareholders. He doesn't even want to seek to share with us that "good news" from Presidents efforts in the first half of the year in terms of revenue compared to last year.
I might be being unfair but seen this in a number of shares - the sp drifts down and when good news eventually arrives it just results in a small uplift in the sp.
Prepared to be proved wrong but currently seems little interest in the share and that the rot has set in.
WE NEED SOME BIG GOOD NEWS!!!
Atb,
Northern

Thanks Elland much appreciated as usual.
Atb,
Northern