RE: 3 months7 Jan 2020 23:31
Be very careful. All smoke and mirrors, constantly searching out new leases without ever drilling the ones he bought previously and each time calling the leases transformative.
Regularly uses terms like return value to shareholders(lol).
NTOG has never made a profit.
The most recent results infact showed a drop in production of around one third.
Has promised not to further dilute shareholders then diluted 2-3weeks later.
Pumped millions of pounds from placings into a dodgy asset in egypt, to give up the asset as "non core".
Rather than go through all RNS, go back 2 years from today and read them untill now, and you wont invest. It might take an afternoon but could save you thousands.
Im currently 78 percent ish down on my investment from about 2 years ago.