Member Info for orslega

blingybird, you have done your homework I think you all make a lot of money, your timing I believe is excellent. That's why we are here, to make money. There are many high impact, low risks projects in play right now and we should be seeing some news, near term. As you might have gathered, I do have a very large investment here, but at last count less than 3%; I have been over 3% in other public companies, and this did cause me unnecessary limelight. So I keep my holding below the 3% threshold for that reason. I seriously believe after a very difficult year or so, NCT are now on the right side of things. Bring it on. Quite like Nicola Duke's 3rd target, that will make you and I (and a few others) very happy indeed, but that is short term i.e. for starters. Good luck all NCT holders, the tide is turning. imo

Tabasco expected to benefit from arrival of new oil companies By Adam Critchley - Thursday, July 14, 2016 Mexico's Tabasco state will benefit from the arrival of private oil firms awarded shallow water and onshore contracts in last year's ... http://www.bnamericas.com/en/news/oilandgas/tabasco-expected-to-benefit-from-arrival-of-new-oil-companies NCT/Gaia Remediation Plant is in Tabasco, almost complete (and today generating revenue per RNS 2 weeks ago). RP should also benefit from increased activity, after all that's why they chose to put it there. Location, Location. 30/6/2016 RNS "Based on the scale of Mexico’s energy sector and the ambition of the government, Mexico in our view represents a once in a generation opportunity to build a leading midstream services business, and this lay behind our decision in H1 2015 to invest in the first scalable environmental waste remediation facility ('the Facility') in the State of Tabasco via our 51% owned Mexican subsidiary, Mayan Drilling Fluids. In line with our strategy to team up with established local businesses with excellent track records and contacts, our partner in the plant is Gaia Ecologica S.A. DE C.V ('Gaia Ecologica'), an established operator in providing waste remediation services to local oil and gas companies in Mexico. Northcote is funding 100% of the up-front expenditures associated with the implementation of Mayan's business plan and will receive (i) a US$15,000 per month administrative fee after the overhead costs of the business have been paid; and, (ii) 85% of distributable cash flow until pay-out plus a 9% internal rate of return has been achieved on the investment, after which profits will be distributed based on the relative ownership. As of June 30, 2016 commercial operations utilizing a portion of the facilities at our remediation plant have been initiated. The revenues generated will be reinvested into future expansion of the remediation plant, which can easily be scaled up to meet expected increases in demand both in Tabasco and across the country." 20/4/2016 RNS (so target 90 days is up this coming week, news maybe) "Approximately US$380,000 will be immediately funded by the Company for purposes of fully completing and commissioning the plant within ninety (90) days. Upon completion, the Facility will commence operations on a 24 hour per day, 7 day per week basis, with a processing capacity of 845 tons per day which represents an increase of approximately 20% from the 700 tons per day originally contemplated (please see RNS dated 29 July 2015). " (Note for Mr M - $380K placing money raised spent on RP finalisation; more shareholder money wasted then?lol)

Mr M - she's not invested, she's a highly respected and successful swing trader; worth reading about her. She is an expert in her field. She has credibility in her field, so worth hearing what she has said. imo NCT are on the cusp of very decent revenue, the scene has been set; that might just help; investors will see soon. imo Too good to be screen watching.

Mr M - funny, very predictable and was waiting for that. No surprise. As I said, I also prefer to deal with fundamentals but I have been advised in a professional capacity (paid advice) that technicals, particularly in AIM stocks (sentiment is a big feature) are very relevant. Nicolas Duke is followed by 30,000, how many are following you. Couldn't resist. Ha ha. Cash is king.Of course, no one disputes. So LM14, RNS thoughts? I guess you think $6,500 per day gross is nonsense. You will counter that and say that LM20 is not producing at the flow rates they first tested but even labratt has said there might be very good (field development) reasons for reducing. I believe labratt is spot on, on that point. But you even ydo not accept that, yes? OK so go with your negative thought process, IF flow rates on LM14 gas are 50% less than that stated in the RNS, what do you think then? Please don't forget the additional gas tie ins they have mentioned from other wells, nor the other gaseous locations identified. Do you have any vision on what might be worth? I don't expect an answer because you are VERY selective in what you respond to, and not just me. However, serious investors do research and try and work it out; on LM14, it's big to NCT imo. I'll remind you when we hear officially.

Target 3 - 0.16, that would be something else,..... isn't that a 6 bagger from here; it is : ) (I am quite beginning to like this technical stuff, lol)

here's her Technical chart confirming what she said in her interview: https://www.sharepickers.com/wp-content/uploads/2016/07/NORTHCOTE.png

Not really one for charts (prefer fundamentals) but Nicola Duke is very well respected and followed by 30,000, so need to at least have a listen. She talk yesterday about NCT - fast forward on helpful link - to 21 mins. She points out that all the signs are that all sellers are gone (she means meaningful sellers - which is confirmed by stats) and that the 20/50 day moving average has stabilised around 0.03; with some enthusiasm in her voice, she said if we close above 0.04 then "we are on our way" and buyers will be back. Next target then she says 0.08. Pretty big movement on technicals. I quite like the idea of the share price moving nearly 300% on technicals alone. Add in some very interesting news, then what? Off to the races, all bets off, lol Blingybird's positioning and others buying at this level could very well timed.

well done. ....in case Mr Magic is watching I can say most of the sells showing today are buys......but he won't have it though, lol Off out - catch up later.

Will keep you mind for the next refurb; shareholders must stick together, lol

Congrats Russell!

Stuy - it's amazing what actually is out on the web - much more than I can post here, but you get the picture (or part of it, lol) Once we get those gas sales moving, plus more gas tie ins planned (per RNS) you are right, it will re-rate. Very nicely. It just a shame it has taken a lot more time that it should have. imo

hi blingybird, good to get some on topic discussion for a change, lol Not sure but I recall Helpful posting that based on his research they have identified quite a few more drill and workover targets - even in that crappy SC update yesterday they said the LM19 workover was part of them identifying the LM22 drill position; the fact is, as they have said, each workover is providing important data for field development. From memory I seem to recall a figure around 18-19 identified workover targets; but yesterday we heard about a few they have ben carry out, so that figure could be less now; but likewise, it could be more as they have secured yet more data. I expect workovers to be the main focus, and maybe then a full blown drill i.e. LM21 is still under discussion. I did ask about the CPR a little while back; the answer I got was that a CPR will be undertaken but I think at the moment NCT as important to get production moving. I also think gas will be a very big part of the revenues going forward. Don't worry about Mr Magic, he's only interested in negatives and yes, more negatives; as a major NCT shareholder you feel free to voice your opinion, you have every right. Carry on, no probs.

nearing completion we are told; now one year on from the fanfare...didn't realise that 50 new jobs/250 indirect jobs would be created....needs some chunky contracts to sustain that level of overhead.....might be hearing from Mr Achar soon.... Villahermosa, Tabasco, June 30, 2015.- With an initial investment of four million dollars, companies GAIA Ecological and Northcote, through a strategic alliance, built in Tabasco an operational basis to provide services in the oil industry Off shore - On shore and soil remediation, announced the director and deputy chairman of both companies, Osman Juan Silveira and Abraham Achar, respectively. The director of GAIA Organic, Juan Osman Silveira, said that in the next four months will build a plant in Comalcalco, that will be your base of operations of services relating to drilling, in stages from prospecting exploration, drilling and production . At a press conference attended by Deputy Secretary of Commerce and Industrial Development of the Ministry of Economic Development and Tourism (SDET), Herminio Silvan Lanestosa; and the delegate of the Ministry of Economy, Leopoldo Diaz Aldecoa, Osman Silveira said that initially generate 50 new direct jobs and 250 indirect, where labor and suppliers of Tabasco will be preferred. He noted that the first phase of the project includes a plant of heavy drilling fluids, invert emulsion mud and light plant equipment repair fluids. In addition, work prospected cober services, such as fishing line services and tools for workover processes; also pose install a waste treatment plant drilling report, contaminated soil, tank bottoms, a treatment plant of congenital water, fracture, water treatment and reuse. Osman Silveira said that handle the concept is ecological, that is to generate the least amount of waste, not to cause an adverse impact to communities. He noted that depending on the results of its activities, Round One and restructuring of Pemex, analyze its growth to a new stage, including bringing rigs, coiled tubing, among others, enabling them to compete with services quality and experience, always led by Mexican petroleum engineers with experience in the market. He said the tabasqueños suppliers will participate in the project business, and for this, spoke with officials SDET to take advantage of local suppliers through Illuminates Greene Corporate, which is a conglomerate of Mexican companies that hire in the Mexican states where they have presence, as Tamaulipas, Veracruz and Tabasco now. http://translate.google.co.uk/translate?hl=en&sl=es&u=http://cumbre.com.mx/%3Fp%3D1713&prev=search

So as we have established Eddie is the President of Shoats Creek Development Inc (operator at Shoat Creek - so is Eddie is deciding what's happening at SC field development?). Here's the evidence. http://coraweb.sos.la.gov/commercialsearch/CommercialSearchDetails.aspx?CharterID=462543_HT93 Very interesting - see also that just last month they have just added a Vice President - Stephen Brock, re-completions are one of his specialities and in SC territory: https://www.linkedin.com/in/stephen-brock-259a7193 See that his linkedin profile shows Bear Creek Engineering as current company, but search him out there, there is no sign (probably because he is now with SCDI as of last month). All these workovers have only just started, maybe another totally unconnected co-incidence. Big picture.....

Stuy ".... If so, the name mentioned on the board here while back Heribero Gonzalez" Heriberto "Eddie " Gonzalez. That name has more crossed my mind on quite a few occasions, a real possibility IF changes are a foot....remember Noli's post a while back, when "Eddie's" CV was there all to see before it got pulled (why would that be?); the overlap on his previous activities and everything that NCT are currently doing/and plan doing is just a co-incidence? So Heriberto Gonzales is also President of Prosper Petro and Shoats Creek Development Inc - both those appointments were in the last few months, replacing RC. He's been involved in upstream (oil and gas exploration) and midstream activities (waste remediation); no co-incidence imo that he's hooked up with Northcote. Another link man for Mexico, he achieved a big gas MX/USA deal. Think we need to hear what IF anything is occurring, to my mind too much of a co-incidence. imo (Extract below from PP website before it got taken down, his CV) Heriberto “Eddie” Gonzalez, Jr. – President •Successfully built and sold several waste management companies Dallas, Houston and San Antonio, Texas areas. •Owner and President of two oil and gas companies involved in the development and operations of oil and gas projects in Texas, Oklahoma and Louisiana. •Brokered one of the first cross border natural gas deals between the Mexican state owned electric utility and private sellers in the United States in the Mexican post energy reform era.

I have no idea and not spending any more time on this; I have told you what my L2 has reported - adding that it is not the big picture, not at all. Volume is miniscual. To conclude, from me anyway, in case you you hadn't noticed, LSE is the worst site when it comes to accurate share buy/sell reporting. Advice = invest in decent L2, doesn't cost much.

Oil price This week, as before has been an up down, up down week so today should be down and therefore I wont guess as to whether crude will be up on the week as it is too close to call. This has been made worse by the terrorist action in Nice overnight which has yet again increased volatility in the markets and added beta. The rise yesterday was down to some short covering, a weaker dollar (across the board but helped by the Bank of England holding pat on rates) and the Chinese GDP numbers beating the whisper at 6.7%. The week has been characterised by the three reports which to my mind were bullish long term but with the caveat of continuing high stock levels in both crude and products which will ensure that the market is capped for the time being. My chartist followers are telling me that in the short term the momentum is on the upside…

Once again, will you go back and answer all unanswered questions.......? We know the answer to that..........double standards/selective hearing eh, not part of the therapy....

to answer you question my L2 system is not showing it as late trade; late trades are shown with "L".....that is why i referenced it in the first place....timed 16.27.25 (and late trades are normally normally significantly more than £7K worth) 13 0.029 25000000 O 16:27:25 Bid 0.027/Offer 0.029 But as I said have before, nothing hangs on it....big picture volume is what counts...

....volume is key look at the BIG picture, that is what I said...... who bought 600M @ 0.04M not that long ago? I have an idea.......BIG picture always counts...