Member Info for warrantwatcher

the website is working fine

www.nu-oilandgas.com

I'm on a free carry here now so happy to sit on my hands as my capital works better elsewhere

Like so many of us !

Now I just view this as a lesson, if you like private tuition.

The lesson I have learned is to avoid anything that the self proclaimed fantastic four are involved with as the vast majority of their activity is just pump & dump, since taking that lesson I have made back what I had previously lost and now I'm waiting for the next round of " pumps " to off load and exorcize myself fully.

LT, yes and to be fair to Simon I have been very direct and honest in my feedback to both him as well as Nigel & Alan in the whole comms strategy as well as execution of the strategy in the last 12 months, I have also offered some assistance in this which I feel may well ease some concerns as well as increase the transparency, particularly in some remote parts of the world.

Obviously Simon won't divulge anything that is price sensitive and no already in the public domain, so nothing really juicy will come of it, but more the opportunity to take him to task and see how he responds when sat in front of me, after all 70% of communications is about how things are said rather than what is said !

But the fact that he has agreed to meet up I see as a positive, and if I was him I would want to do that with some confidence and positive news rather than 2 more weeks of silence, and with the fact that I only travel to Manchester it would be easy for him to delay if he felt there would be some uncomfortable dialogue

Hi LT,

No issue as I was about to say the same, but for different reasons.

I am up in Manchester the following week and have provisionally arranged to meet Simon at NUOG Towers so maybe after then ?

I do know that the Chinese do have an appetite for dogs ?

Sorry glib remark borne from frustration, but yes Draft I do agree they will want some return, but what is their buy in price ?

I am fairly certain as to who is selling .....

This is beginning to look more like a scam than a company ?

I wonder if the National Trading Standards Scams team would be interested ?

try contacting scamteamadmin@surreycc.gov.uk as I know they are active in looking at similar types of companies, as well as these dodgy call centre operators

all the positivity from my favourite significant holder there is still NO progress, got to question what the hell is going on - just ( tyre ) smoke & mirrors ?

They're also killing it with the spread - 33% is crazy

Certainly there hasn't been bad news just an enormous shift in sentiment, mainly driven from the much discussed comms " strategy " I also feel its been pumped & dumped by the Purple Lamb & his cohorts, who quite vocally pushed it up, then started to sell out on the quiet, we've seen this happen in many other shares that they are involved with - the upshot here is that without solid news this is about as attractive as a $10 crack *****.

Luckily for me my none Zorbas holdings are more than covering my losses here so I'm happy to hold further and not become a distressed seller, infact I am considering that for a relatively small amount I can average down quite a lot, but I will only do this with some of the profit from my other holdings.

In the meantime I will check in on the far more informed King & OFD to reassure me that I am not alone in my thinking that at the end of the day Zorbas has to turn this around or he's reputation is beyond repair

Based on Vin's track record she's not here for the short term, quick or small return, so I'm happy to hold, and may well even top up if we dip back in the coming weeks.

This along with UPL is my long term hold & grow stock as I exit others I hold

Its a real head scratcher of a situation we're in now, and the most bizarre thing is the fact its mainly self created by JZ and should / could have been avoided.

Got to say the stream of posts from King & OFD over the last few weeks have been far more informative & thought provoking than we've seen from the company in the last 18 months ! and its the main reason I've held on as for a period of time I was considering taking out what value is left in my holding, and that's now down 75%

Keep up the good work, you're doing a better job at digging than Zorbas is at the moment

Are you prepared to wait ?

Just interested to gauge people’s expectations on how long they’re prepared to wait, personally I’ve been here now for a touch over 2 years so another 6 months won’t concern me, not that I expect it to to take that long !

It seems the PI community here are more active in the flow of information than the company itself, so many good things “allegedly “ going on that we are way overdue an update on.

Wasn’t the Hermes refinancing deal supposed to have been concluded months ago at far more favourable terms, yet no update ?

All we’ve really seen is some UFC fighter get promoted, shame as the prospect is good here, the company just need to up their comms

LT - for me a placing wouldn’t be a disaster providing its used to generate incremental value and that’s made explicitly clear IF its announced, it would be a disaster & soul destroying if it was just to keep the lights on & would feed the trolls that it’s just a “cash for minty exercise “. In the past the comms when announc No these hasn’t been as I’d like to have seen in, this would need real clarity about what the cash is required & used for.

That said I’m doubtful we will see a placing without bonafide game changing reason for it

I got an out of office response from him saying he’s on holiday until the 21st

I am sure that some of the larger holders have said that they did approach Bachman about an off market sale but he didn't want to do it

TheKing - was very interesting watching him squirm when cornered by about 10 very disgruntled PI's, Momentous had no issue in releasing the interview, in true Zorbas style he just didn't respond to them, you have to question why he attended a& what he felt it would achieve as it only further tarnished his reputation, I found it all very strange, plus its a long way to come just for a night in a strip club ! plus bringing the fella over fro SA will have cost as well. I think he misread just how sceptical PI's now view him.

Onefineday - I would be doing exactly the same, just a bit fortunate that my average is a touch lower. But likewise I=I'm here until I get my initial investment back or get totally wiped out, may even slice from another holding to average down a touch.

Having been at the 2 events, at the last one it was clear that JZ was trying to get away with something, he convinced the organisers to change their slot to an earlier time, it certainly appeared to avoid any questions, he the stuck up a young guy while he stood in the background initially until almost being dragged on stage. At the first event which was just for URU Investors it was clearly stage managed to pump to the 4p levels, he had all his puppets in the audience asking pre arranged questions then giving a nodding donkey response.

MY understanding is that Zorbas didn't pay his last bill at Momentous & also took some very direct questions, some from me, and he clearly looked uncomfortable, and the situation was much better then than it is now.

My guess is that there are many reasons for him not attending this latest event, he's said in the past he's not bothered about day to day SP movement. You could read he's lining it up for another divi spectacular, or that he's made his money from it already & its no longer of use to him so in effect now mothballed

I have no idea which it is or will be as there appears nothing is happening