Member Info for partridge

A game indeed. Well the two shareholders of C4 Energy parachuted into Nuog have received a nice remuneration from Nuog. They do not come cheap. A thousand a day for the last 4 or 5 months. They also received options. Is that 90,000,000 each? Why would they need to buy shares with their own money? C4 Energy have bought no shares. They managed to get two cash raise done : £500,000 and £420,000, I think, both gross figures. What were the net figures and who were the differences paid to. The former were taken up by people introduced by agents of C4 Energy. Who are they? All hush hush. Guess who really paid for the shares. Small shareholders. There have been chances to sell out in the orchestrated pumps. Charlie Brook-Partridge, who is a manager for Novum Securities, the company broker bought and sold 110,000,000 shares over a two day period. Guess he made some money out of Nuog. And a couple of others. Have you? The company needs you to bottom fish or average down. There are no institutional shareholders in Nuog. They're too canny. Who has to mop up all the billions of shares likely to be issued? You.

When Mr Jay Bhattacherjee left Aminex in May 2019 it was due to health reasons. I hope he is well now. Look at the job he did there over several years. It is not inspiring. He was sourly missed. Do not put too much faith in this new crowd at Nuog.

For the benefit of Tambo this does not constitute investment advice.

Nice. You should email the details to the large housing development up the road. They'll be pleased as well.

The sad part of today's RNS is that the news is supposed to hide the problems with the legal proceedings with the JV partner and Mambare. End of March for an update and reworking of the ageement. Minority partnership at best. Yes, they've applied to get permission to attach a plug in Southport whilst the Mambare contract burns. Don't worry your pretty little heads.

Eating celery and plenty of exercise might help.

Are you saying he is acting on inside information? He'll thank you for that on prison notepaper if he is. By trying to pump this share you are accusing Smiffy of doing somethink illegal. Is it really worth it?

The right CV for a job in the oil industry. No experience in share investing. £125K to give him his moment in the limelight. When he has to sell he will be plain old Smiffy again. There are plenty of them.

If this person is a serious investor he wouldn't be on Twitter informing every Tom, Dick and Harry he was buying shares in Nuog and retweeting rumours. Fools will follow because it is in their self interest. Don't be one of them.

Don't need to ask who the placees are. They are you, the small shareholder. AST was at 0.1p a few weeks ago, just before the news was released. The YES vote will go through without a hitch. The placing shares have been presold at profit. The people holding the risk are small shareholders who have averaged down or think this will 10 bag. Remember the first "bag" will only take the share price back to the level where the share price was before Mr Parsons arrived. Enjoy.

I would be interested to know why you think the 15% in Duyung is worth $30 million. From the last Duyung update: " Should the regulatory approvals not be forthcoming for any reason by 30 June 2020, the Company will instead be transferred 15% of the shares of the Duyung PSC title holder and operating company, West Natuna Exploration Limited, as envisaged under the Duyung PSC acquisition agreement". If Coro gets 15% of WNEL, what does that mean? Shares? How much are the shares worth and are they easily sold? EME has 10% of WNEL. There are problems when you invest in another company. It shares could fall (or rise) due to other reasons than the asset. Does WNEL have debt for instance? Might it need to raise cash? Tricky.

In a market rout it is difficult to ramp a share. Difficult to cause a spike. Difficult to sell a large shareholding. Difficult to raise cash. Difficult to make a deal. Especially when needing to issue billions of shares. Difficult. Sorry to all investors who got spiked. Perhaps this graph will let you know why certain investors have a need to reel you in.

https://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=NUOG&Size=620&Skin=BlueWhite&Type=2&Scale=0&Span=YEAR1&MA=&OVER=&IND=&COMP=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0

Be careful. Money in your pocket is worth more to you when it is in your pocket. money in your pocket today will be worth the same on Monday. Can the same be said of Nuog shares? This does not constitute investment advice. Please consult your investment Timbo.

Mr Timbo to will censor you. Or at least report you to the cyber bullying authorities. Hypocrite moi.

Mr Timbo, you remind me of that guy who fiddled whilst all around him Rome burned. Not investment advice, just letting you know Rome is burning. Hope no body loses money because of your actions.

" The initial £0.4 million consideration for the Disposal, payable by Zenith to the Group on Completion, will be settled through the issue of 6.7 million new Zenith Shares at an effective issue price of 6.0 pence per Zenith Share. Subject to the Italian Portfolio being disposed of achieving average daily production of 100,000 scm over a period of four successive months, a deferred consideration payment of £3.5 million will be made by Zenith to the Group through the issue of new Zenith Shares at an effective issue price equal to a 40% premium to the then prevailing Zenith share price at the time of issue".

Zenith shares fall below 1p. Like many companies that overreach themselves, a downturn leaves them wanting. Many of these companies could go bust. At the very least they will be " belt tightening". The Coro deal is a farce. No money spent on improving production means Zenith gets it for a pittance. Coro get a heap of illiquid shares, impossible to sell. Bonuses all round in the boardroom though.

The problem for companies like Nuog is that it has only shares as collateral. Billions upon billions. It needs a high share price to proceed. But now is not the time to be issuing shares in small oilers. Taking on debt and issuing shares is not the route to be taking when a worldwide downturn looms. Yet it is the only route for Nuog. Long drawn out disaster awaits. Will they ,won't they? The management "will" because they get paid either way. The question is: do shareholders want to fund them?

"the finance these big hitters can acquire" is commonly known as your money.

https://www.theguardian.com/business/2015/mar/19/former-city-trader-jailed-insider-dealing

https://www.dailymail.co.uk/news/article-3002891/Hedge-fund-trader-leaked-insider-tips-companies-including-Barclays-Volkswagen-exchange-luxury-car-holiday-Oman-jailed.html

https://www.independent.co.uk/news/business/news/powerful-banker-pleads-guilty-in-biggest-ever-insider-trading-case-9848170.html

Novum Securities mentioned.

"Rifat admitted passing inside information, obtained during the course of his employment, to an associate, Graeme Shelley, who then traded for their joint benefit. Earlier this year Graeme Shelley, previously a broker at Novum Securities, pleaded guilty to insider dealing with Rifat and with another associate Paul Milsom. Paul Milsom, an execution trader at Legal and General Insurance Management Ltd, pleaded guilty to insider dealing and was sentenced in 2013" .

Individuals with information about market abuse can call the FCA’s market abuse hotline on 020 7066 4900.

The 3 amigos who took up 10% of the free float last week and immediately sold don't think so. Are you sure it ain't Smiffy wanting to offload his shares? He's got 200,000,000 of these suckers and that is 200,000,000 too many. He's been left high and dry. No right minded business is going to move into this cesspit. If anyone arrives it is because they are desperate.

Jon Belliss is named as the representative of Novum Securities at the foot of Nuog RNS's. Who is he? Is he the same person named in a Share Prophets article in March 2018:

" It is not yet a done deal but my sources tell me that the corporate broking team led by Jon "for 5% I will raise cash for any old crap" Bellis from shamed Belfort Securities, now in administration, has this very morning just arrived at Novum Securities".

Remember that phrase when you are thinking about buying Nuog shares. Mug punters apply here. Of course it was Beaufort Securities and not "Belfort". Remember Beaufort Securities? Under investigation in the USA and shut down in the UK by the FCA. Nice pedigree. Be warned. Listen to Jon. Don't do what his boss at Novum, Charles Brook-Partridge, did. He bought 111,000,000 of these babies and sold 2 days later after a spike. Nice earner for Charles. A few small shareholders probably got burnt but who cares about them? You are being farmed for your money. Know who you are dealing with.

The final results for the year ending June 2019 showed no revenue to July but administration costs of £2,011,000 or about £160,000 per month. The company raised £500,000(gross) in October 2019 and followed this up by a second raise of £420,000(gross) in January 2020. A total of £920,000(gross). You can see why. 5 months at £160,000/month takes expenses to £800,000 and then the high salaries of the two C4 Energy shareholders parachuted in have to be added. Not cheap. More cash needs to be raised soon or Nuog will be a "cashless" shell. More cash means billions of new shares and a lower share price. It's your money that is needed. The 3% club will find a good home for it. Theirs. Your welcome Mr Charles and Mr Sebastian.

Thanks.