Member Info for orslega

tut tut....many large buys also not mentioned, just saying, lol 8 of the trades you highlight are less than 5M, you call those large trades?? Really??

see just 25M shares traded, £6.5K, and marked down 12%..........same old; MMs bottom feeding

yes, this confirms their intentions, at least: http://www.northcoteenergy.com/investor-relations/corporate-governance/

then add 21 days notice required to be given for the AGM itself.

Still no notification for the AGM; now looks like it's going to be late. Certainly any Board changes would need ratifying. Somethings up. imo "A general meeting required to be held by: A public company within six months beginning with the day following its accounting reference date (section 336(1), Companies Act 2006)" http://uk.practicallaw.com/7-107-6401 Relevant Accounting reference date = 31/12/2015; 6 months + 1 day takes us to 1/7/2016.

I believe he is the CEO of Metal Tigers Paul Johnson - Chief Executive Officer Paul Johnson is an inaugural Director of Metal Tiger. He has been an active investor for more than 20 years and was a co-founder of MiningMaven, an investor communications service focused on the natural resources sector. His previous roles have included Business Risk Consulting Group Manager for FM Global and Regional Director for Capita McLarens. Paul was Chairman of AIM-listed ECR Minerals PLC from January 2013 to June 2015. Paul is a Chartered Accountant (England & Wales, 1996), an Associate of the Chartered Institute of Loss Adjusters (2000) and of the Chartered Insurance Institute (2005) as well as a Member of the Business Continuity Institute (2007). He holds a BSc (Hons) in Management Science (1991) from UMIST School of Management, Manchester, UK.

Good spot Helpful. From that podcast link below, NCT was summarised: List three reasons why you think this company has potential. 1 Change in board including Randy to come? 2 Near term revenue potential 3 Diversified opportunity at bargain basement market cap So more speculation that RC is on his way; if true (I think it is) do we think a heavyweight Mexico/US oil services focussed guy is about to take the helm. If that happens does anyone think we might be moving on JVs near term. I do on both accounts. The podcast also says that currently they have £500K in cash right now; not sure how correct that is but it also says do your own research, lol Certainly agree it is bargain basement based on current market cap. (Mr M won't like it as the summary uses that word "potential" which ain't in his vocabulary....)

Price all over the shop today, volume starting to grow....but still not very large though...160M shares traded, just 1.6% of shares in issue....

peckham - even worse than that, he's not holding any NCT shares imo (he's been asked so many times but refuses to say either way - he could have said yes I bought some but it was a massive mistake, like he said about his shareholding in RRR ) - so he's here because of his holding in RRR. The RRR board are sick and tired of his de-ramping, so he comes here. Very sad. Why on earth did NCT involve RRR, lol Once NCT turns the corner he'll be gone. That's the plan : )

up 16% - down 5% - spread all over the place - volume still very low - 90M shares adds up to just £28K...... (triggering stop losses - anybody who wants to keep their shares should remove stop losses....the MMs can see these and drop it like a stone and bingo, they get what they want....punters then end up having to buy back at a premium....usual MM tactics..)

reza - the current market cap is plain silly imo; but also sentiment plays a massive part in AIM as we all know; I suspect sentiment will spike nicely soon - not talking about a technical spike in the world of Nicola Duke, but a spike on fundamentals.....

DD77 - benefit of hindsight great thing, and yes it could easily have worked out but it didn't. Funding really wasn't the issue there. But no point dwelling, more important plays in the offering right now. Not talking about SC. I have said before where I think the future focus is - MX services. I suspect we are going to see some Board changes any day now. imo all for the better, if that indeed happens.....plenty of rumours flying around on that front....

MMs will take 30M at 0.031....no problem : )

and buyers around; Mr M - you wanted to know when buyers were paying over the last placing price. Now is the answer. Did you by some? Still bargain basement imo

The move to chase MX onshore was I think a mistake and cost NCT a lot of money. Money which should have been directed at completing the Remediation Plant. Anyway, we are where we are; NCT have weathered the down turn, OK at a cost but we are still here, unlike many O&G minnows. imo there is huge upside from here.

labratt - Mr M won't be happy that you're talking to the company, but I'm definitely in favour of a good dialog; imo there is potentially a very obvious reason why it is possible they are not saying anything further at this point. I'll give you a pointer - is there the possibility in their extensive workovers carried out - 4 I think in just the last few weeks - that they have identified other gaseous zones where NCT does not have complete control over the acreage, so they might want a bit more? Commercially that would very sensitive, if true. Just a thought but would explain lack of detail at this point. RNS said".....additional exploitation opportunities of well bores with re-entry potential in gassier pay zones holds substantial potential to generate additional low risk, low cost revenue at Shoats Creek Field." The other point I'd make is that the Aminex Circular on sale of Shoats Creek to NCT makes lots of reference to capex needed to exploit the proven resources. Aminex stated they did not have the capex needed to do drilling - one of the reasons for selling (but they had lost interest by then - Tanzania being their focus); however, what Aminex failed to say was with new drilling techniques etc low cost, high impact workovers were alternative route to shore up the SC field. As Helpful said, and I also a note somewhere, NCT have identified another 15-18 workovers at SC.

labratt "when they have clearly had a great result that it is totally underplayed. " The penny is dropping I see - if RC had written the RNS about LM14, the market might get it a bit more. Underplay is imo is an understatement. There are also things I cannot say here : )

I can sell, 10M, 20M, 30M chunks all at 0.297. Forget the quoted sell price 0.027. The real spread is much tighter. That means the only 2 trades today at 0.032 are buys........MMs cannot make their minds up how to describe them but easy to work out with a few dummy trades... Current data suggests there are buyers around.....

I asked that question directly a little while back - the answer back was - "Payment terms in Mexico are 30 – 45 days after invoice submitted to customer. " Pemex will be just one of several companies in the target market. I have a list somewhere.

From SC update last week Natural Gas Sales The project management team is undertaking discussions to tie-in production of natural gas utilizing one of two existing tie-in points located at Shoats Creek Field.  Once gas sales can be undertaken, additional exploitation opportunities of well bores with re-entry potential in gassier pay zones holds substantial potential to generate additional low risk, low cost revenue at Shoats Creek Field.