Nostra Terra Oil And Gas Share Discussion Threads

[siday2580] 09/2/2018 20:11

Very quite on this board at the moment

[topicel] 09/2/2018 08:48

Warrants here, warrants there, warrants blooming everywhere.

They are giving NTOG money with each flip and profit taking for 50% or so on the 3p warrants they were granted when the price was 2p last April. Can't blame them, especially now the wider market is back to massive volatility.

But the company reported less than 15m of the 25m remained to be sold at the end of January and it was double the take up rate in December. The increase has sped up with Matt's RNS news this last week which makes it most likely down to 10m left, counting the many round trades being dumped of 250,000, 450,000 etc. etc. on the back of newsworthy price strength, especially the production news.

So, a pain it may be but we need these warrants to all but go and then the natural buying pressure will reassert itself in price increase when supply falls back below demand. The flow rates and permits being issued for the next targets will probably do that next week. It is what it is until these warrants expire - and not all will take them up without buying them back too of course - in April. But as I say I expect they will be gone before then...

Coinciding with a dip in oil back to $60 WTI and $64 Brent is not helping the sector either but the fundamentals haven't changed and our portfolio is, as Matt tweeted just yesterday, reset as profitable at $30 with a ROI of 2:1 as low as $40 a barrel.

The rest above is, as he put it, 'gravy'...

Topicel

[iloveit] 07/2/2018 14:01

6.5p warrants going to be here at this rate Very quickly.3p getting well shifted as we've seen.Oh well nice as 10p+ going to be a beauty thereafter Dyor.

[topicel] 07/2/2018 08:51

Lol, not until we have re-rated properly humphries! Gonna pick up a few more today (and slabs) as this will still be on sale while the warrant exhaust I suspect.

But the pieces are in the jigsaw enough to see the whole picture of a junior oiler in the hottest oil property on the planet with 24 drill-ready targets and a non-dilutory $5m loan from Washington Federal Bank burning a hole in Matt's pocket. Three already requested permits for and likely granted next week...

Matt always knew the game plan and the warrant holders will possibly be back for more at say 8p level after these successes. Money makes money I hear...slabs give you a bad back!

Topicel

[arsey] 07/2/2018 08:50

Not that comfortable with not giving an idea of flow rates. anyway don't think it will matter too much on actual share price as warrants are still been flipped I see. So Sp will be subdued. RC

[humphries1] 07/2/2018 08:07

Topicel now you can drop your slabs today with a big smile on you face

[chinese investor] 07/2/2018 08:06

Great RNS !

[topicel] 07/2/2018 08:03

So much for BD sinner suggesting 4 bopd. He has a vendetta bigtime. Maybe the flow rates are not at the topd end of 25-40 but until we know, once stabilised, we are underway and profitable at $63 a barrel when $40 a barrel gives a 2:1 return on investment...

And the cheap loan at 4.75% means the next three wells will be coming along to add to the volume, three of "24 drill-ready targets".

Cash flow machine beginning to crank up methinks.

Topicel

[dabs1969] 07/2/2018 07:55

Sweet, slow and steady, we don't want all this good news at once definitely not during a market shake up. More to follow over the coming days. I'm well happy

[bibdaddy] 07/2/2018 07:23

They have put it in production...it must be profitable and commercially viable so be happy!

[1candc] 07/2/2018 07:19

Because they can be initially erratic, the flow needs to settle before you can give an, as accurate as possible, figure

[bump3r] 07/2/2018 07:18

This well previously flowed at 350bopd over 3 days.NTOG expect 25-40bopd over the first yr.Yet no indication of what they've acheived.

[bump3r] 07/2/2018 07:13

Why not inform us of initial flow rates?

[iloveit] 07/2/2018 07:07

Production has started twin wells ,it's good news can't grumble at that .

[mr.oz] 07/2/2018 07:05

Multiple news RNS...?
No.

[elhank] 07/2/2018 07:05

Definitely commercial then happy days.

[1bluehorseshoe] 06/2/2018 09:38

Although he's not meant to, I suspect that Matt is putting together another multiple news RNS. Just remember folks the words of Buffet... "when others are fearful be brave".

[topicel] 06/2/2018 09:08

Blimey RC, I was getting lonely talking to myself!

We're agreed anyway, so it isn't just me that is unanimous in that!

In my recent posts I've specified 'above $60' as that is still 50% over the 2:1 ROI Matt Lofgran was stipulating from existing production last results. The fact it is running to $67 one minute and back to $63 the next, as now, is not any issue at all.

What will stabilise our SP, and reinvigorate it, is the flow rates and a repeat on the ROI guidance. It isn't for the want of saying/asking it, eh?!

I still wonder if the warrants are making him delay as they would sell into any rise?

He says not, but only in terms of "we make decisions that are right for shareholders", which is not quite the same thing...

If Powell speaks this afternoon in his testimony on the Hill and soothes the markets I reckon we'd see a swift rebound anyway. Depends on how ready the Fed is to believe their own mantra about getting back to 'normalcy' and higher rates. The correction might just have the new Fed chair altering his statement at the last minute to appease the Wall Street funds.

Anyway, enough waffle, que sera sera and all that. NTOG is fine, that's the bottom line.

Topicel

[arsey] 06/2/2018 08:45

I don't understand how anyone thought the American markets weren't going to correct. They had been on a ridiculous tear. It will over correct and then the ship will steady. All data points to a strong global economy. As you say Topicel excellent opportunities in the next couple of days if you have cash. As for NTOG oil price is still $63 which continues to give them a good return. It is time for flow rates though. Get them out. RC

[topicel] 06/2/2018 08:21

And the wider correction will be taken advantage of here too by MMs.

Bargain prices for those in cash, but then there will be plenty of other opps too. I'd rather stay with the company I've researched and see turning the corner, global market corrections or not.

The BP figures out this morning were stellar and the German manufacturing data was roaring ahead showing the global growth story is still strong despite the tantrum among the overbought US indices and the cold the other markets catch as a result.

What is the best buy price today I wonder?

Topicel

[topicel] 05/2/2018 12:26

Lol, Rag123 on LSE took 432,482 at 4.57p this morning, and as low as I think it will go, as I said the other day, 4.5p is strong support and warrant selling or impatient alike it all just delays the day we move on from this rangebound area.

4.77 was the best I got in this phase of consolidation. :(

Topicel

[1bluehorseshoe] 05/2/2018 11:23

15k at 4.6 thanks the impatient

[jackfla5h] 04/2/2018 13:52

I've done a lot of research here and in defence of the companies past it went through a period when oil prices crashed to $35 per barrel. Many companies went under so I suppose people from that era should be grateful their shares are still valid. That said, I still have a few grudges against other aim stock I've invested in and it's hard to just forget. This stock has massive potential now. Get more wells up and running with oil prices set to go higher and corporation tax going down to 21%. The lending facility proved to me the potential because proper due diligence would have been done to get that interest rate. Banks don't throw $5m at 4.75% to anyone. The next 12-18 months will be exciting here I reckon. Last thing, I like the way Matt responds to Twitter questions. 99% of ceo's won't even replay to investor emails and just hide away. Shows confidence and belief imo.