Member Info for PDMSPiper

Bunny; I don’t see why you think that’s pessimistic. I said the SP has every chance of getting back to 1.4, after drilling of the B wells, if they flow. That will be in October some time. It’s only pessimistic if you’re a short term trader and don’t want to wait until October but that’s not my concern. I deal with realism not the fantasy timelines of traders.

I sincerely hope not. Sacgasco are a bunch of useless muppets and not called “Fiasco” for nothing. They ramped Dempsey to high heaven claiming it was a world class discovery but refused to release the volumetrics then declared it sub commercial. ******s.

No. Read my post again, slowly, and try to understand. You are taking a successful well test of flowed oil as a given. It isn’t. I’m not disagreeing that “If” oil is flowed from WNA2 and an RNS is submitted with commercial oil flows then yes, it’s possible we’ll be back up at 1.4, but I’ve not been convinced that’s in the company strategy since late last year and nothing that’s happened since has convinced me otherwise. Just my opinion.
I think we’ll be waiting until after WNB wells are drilled and tested until we get news of sufficient positivity, quality and detail to take the share price back to 1.4.
Yes, I’m still hoping it will happen but my opinion is that it will be Autumn, October maybe, not very soon of imminently as a lot of people seem to think. That’s my honest opinion.

Genghis; A return to 1.4 is, I’d agree, possible on completion of a successful WNA2 EWT but that’s over 100% rise now, £30Mill+ on Mcap. It’s possible but there’s a lot of “ifs” IMO: If they resume the WNA2 well test before drilling WNB. If they test for oil flow and not just gas as before. If they are successful in achieving oil flow where they weren’t before (ref, liaison meeting minutes). If they decide to jump up and down about it and bring swampies from all over the country to WN while trying to drill 2 new wells at the B site. That’s a lot of “ifs”. I’m not convinced but time will tell.

Boom, who cares if they’re selling it for a profit. Corallian aren’t an operator or a producer. They won’t be applying for permits. If they can flog Colter off for £20Mill then it’s somebody else’s problem and happy days. Only musing anyway. Got no idea what’s going on but looking forward to finding out.
Mr Partridge here seems extremely keen to downplay developments given that he owns such a large chunk of the company. Obviously still buying. I’m thinking this could be bigger than any of us even dare think but how and why is a mystery. Just a hunch.

Mr Partridge of today’s TR1 game is here now claiming the SP can only go down so he can continue to load up on the cheap. But On 10th Feb, only a couple of days ago Mr Partridge posted....

partridge
Posted in: NUOG
Posts: 1,806
Price: 0.04
No Opinion
RE: Repeat after me10 Feb 2020 12:24
What you need is a fag packet. It's all written on the back of it. Do you not understand that the new black is tax losses. Yes! The more losses a company can make the higher the value of that company becomes. It is a tried and tested business model. Years of grinding down shareholders has its perks. Nuog is a prime mover. Down to a fine art. It could be worth billions. I'm onboard. After selling hot air and rumour can we give tripe a go. Exciting times.

Secret, agreed on no production but the tax losses could be useful if they are hoping to offload the Colter discovery this year.

Bobat, In answer you your question, I have no idea. I’m currently totally befuddled as to what is going on, as is everybody else, except Mr Partridge here, and the other notifiers perhaps. Might be a question more effectively directed to Mr Partridge but I wouldn’t expect an honest answer as he’s obviously not filled his boots yet.

Mr Partridge has joined us I see. The Mr Partridge who currently owns 3.6% of the company but claims the share price can only go down. Still loading up are we Mr Partridge. Nice try. Lol.

Only speculating here but there’s talk that Corallian we’re going to IPO this year. Only know because of my RBD involvement with the Corallian investment they have and the Colter drill etc.
It costs Millions to IPO and list a private company. NUOG apparently have £8Mill of historical tax losses to write off, plus the company reversing in saves on all the IPO and listing costs.
Only a thought, but could it be Corallian? Offshore private company, looking to list. There can’t be many. It’s feasible. DYOR.

Market obviously scheptical because of chequered history with involvement of Damian minty etc. However when the news drops confirming why these fellas took a big chunk of the company then the market will realize it’s not bull sheet and there’ll be a stampede. Until then imo the reticence of the wider market has provided an opportunity to load up that I think I wouldn’t normally get. Happy days.

johnboy, I don’t have any inside information here. Just industry rumour on the jungle drums, which is no more reliable than the average stuff you read on twitter, then these big tr1s. So it’s either a big legit deal coming or it’s an elaborate pump n dump sting lol. I just took another £8k so that tells you what I think ;) but as always DYOR. It could be bull**** until we get confirmation, let’s see. It’s high risk/high reward at this stage. GLA.

I just took another £8k in my isa on the strength of that TR1. The lad sounds legit. He’s industry probably. Doesn’t sound like he’s messing about. Ah well, fortune favors the brave GLA.

Market totally missing the significance of the TR1s obviously. The message will be rammed home when the RNS lands with the news no doubt.

Sorry it’s was Diamond Horse who was ****ging him off. I’m too excited ha. I need a drink.

There it is and the name is Gary Smith, just as Gary Smith on twitter said. Ha ha. Blinder. I bet that Alkalb feels like a right tool now. Classic!!!!

After trading in and out of EUA a few times and basically making peanuts from a ten bagger, trying to be smart, I will sit patiently and watch this one play out. This is a buy and hold for me. Bags galore here.

Heard rumours about something happening here from two different sources last week and even doc Holliday started pumping it from nowhere again on twitter lol so I knew it was game on. Just a matter of time. I was a few grand underwater for a while there ha ha.

Yes mate. I loaded up last Friday afternoon. I’ve been trying to dish out some friendly nudges to fellow punters ever since lol.

Ha ha. Off to the races Yick, ya wee jockey!!! Lol