Member Info for steve58

We Mustn't forget the additional 30 barrels a day mentioned in the rns.

All adds to the income.

This is at 40 barrels a day.

Anyone can see that the only way is up from this figure.

So although a disappointing start the next few weeks should see a large increase in barrels produced.

They state they are covering costs even at 40 barrels a day.

Not what we were expecting but all explained methodically.

About £800k annual income.

We Mustn't forget that every barrel in addition to the 40 brings in about £20k a year.

Had enough today.

Sold my last holding.

Can't even envisage how much money this board have cost me.

The shares were about 3p when they took over.

They have squandered what cash they raised from selling assets and basically have nothing to show for nearly five years.

As you say they are up the creek without a paddle.

They cannot raise in the market and even if they wanted to I can't really see anyone wanting to invest.

Good luck with your shares here.

They should get the second $3 million soon.

What they do with it is another matter.

Ujo may take the lower sp as a great buying opportunity.

A bit concerned the sp is taking a downward path.

Many shareholders are going to be slightly concerned especially if they were involved in the champagne celebrations by the bod and subsequent duster at the buffalo oil field.

This is a completely different scenario.

Would be good if anyone in Germany could see if anything is happening at the oil well.

I'm sure everything is OK and it's just the timelag since the last update is worrying a few investors.

Managed to get about 250,000 at just under. 10 earlier.

Could just be market sentiment and falling oil price.

If I had the available funds it would have been.

Got in at an average of .12 today.

News hopefully good should drop before AGM.

Just got 445000 at under .12p

News imminent.

Many others are very close to doing the same.

Just fes up with the constant waiting.

I think most of us are.

If this isn't signed off soon.

11.

Not surprised.

A billion is probably on the low side.

Maybe my opiniob but that is what these bulletin boards are for.

The liquidators are holding LDP' s shareholding in NXT Tec until the time comes to cash them in and return the proceeds to shareholders.

This can really only happen when NXT do an IPO.

We hold about 900,000 shares.

The company seems to be gearing itself up for an IPO.

Our investment is safe with the liquidators.

It is just a matter of how long we have to wait until it can be monetised and returned to shareholders.

Although neil got his salary etc at least he did manage to acquire the investments that the current board have spent the last 5 years selling.

You couldn't make it up if you tried.

I was thinking more 24 minutes and that includes commuting from the bedroom to the home office.

If everything goes as planned we should be £1 billion plus mc in about 2 years if not sooner.

The stock market usually looks months if not years ahead.

Just need this financing sorted and the rest should just slot into place.

Where has the initial $3 million gone?

Where are all these money making investments that they have paid for due dilligance on?

What are they doing day in day out?

How can they say they are running the company for the benefit of shareholders?

Would probably need about 25p to break even so only 99% down.

They should be ashamed of themselves.

Its what the sp rerates to which should be the interesting bit.