Nostra Terra Oil And Gas Share Discussion Threads

[dabs1969] 04/10/2018 09:10

This is starting to lick me right out, why the constant drop it just doesn't make any sense

[arsey] 02/10/2018 17:18

It's getting into an area I will be happy to top up with a significant amount. Fundamentals are sound. Sometimes the market gives you opportunities that shouldn't really arise. I believe this is one such occasion. RC

[markth126] 02/10/2018 12:45

Just what on Earth is happening here!

[ken chung] 02/10/2018 09:23

The chart says it all. A fine short.

[ken chung] 02/10/2018 09:20

It's a fine short.

[topicel] 02/10/2018 08:38

Until we get Egypt pumping Cinoib, we have no interest in the Brent price except, of course, how it may correlate to other valuations.

We gauge our income by West Texas Intermediate prices and they are $75 or so, and that spread is rather large for recent times. It will either catch up or Brent will fall back. I think the latter is more likely.

We will not get that price either at NTOG. Probably we receive $70 at the moment as our cut. Middle man costs etc.

Either way, the basic economics are far too robust to be valuing the whole enterprise at $10-11m or less. Just shows it is speculation and fresh drills that will excite the share price again and draw the flies back to the existing honey pot...

Topicel

[cinoib] 01/10/2018 22:52

Yes Topical Brent has just closed a tad shy of $85 a barrel, surely we must rise on that kind of return.

[topicel] 01/10/2018 22:09

Well this price is getting silly now. Cash flow positive and on a 2:1 return on investment at $40 a barrel of WTI when this evening it sits at $75 and rising.

These shorts are sure in for a burning sensation at some point...how else can it end?

Topicel

[arsey] 29/9/2018 13:25

we hope to be able to provide further updates of those imminently. Sounds good. Let's see what they come up with

[topicel] 28/9/2018 15:47

Well, for every winner there is usually a loser(s).

Matt has made no secret of the fact that he has eyed a few money-starved outfits who have too much debt taken on when rates were high and oil low, just to keep going. They are struggling to service these debts and the likes of NTOG can indeed play vulture and pick up bargains.

C'est la vie. It is business and we are at the start of our cycle upwards. Bon weekend a tous.

Topicel

[novicetrade68] 28/9/2018 14:49

I hope the word 'exciting' in the potential acquisition opportunities means exactly that, ie buying something for pennies on the dollar. With a bit of luck we'll be all waking up one morning to a transformative RNS, and by the sounds of it, it could materialise at some point this year even.

[topicel] 28/9/2018 11:06

They were with us for the same period after interims last year.

The value is clear to me, has been all year, but there has been a decided calm since Matt refused the shorters request to bail them out with a share placing in August.

No doubt the figures will filter through to those that don't mind making money anyway...this should not be cash flow positive, with oil forecast to keep going up into the winter season, and sit at £5m valuation.

Of course it needs another drill or two in order to get the excitement levels up too. These extra permits will allow those to be planned and programmed in October I'd imagine.

Topicel

[swearengen] 28/9/2018 11:04

Really, it couldn’t be clearer. Matt Lofgran has already stated that they are working on bigger acquisitions. This on twitter today:



They have credit facilities in place.

[hopeful holder] 28/9/2018 09:26

It may be so JC but the market is not with us and has not been for a while. Hoping this news might reverse the trend.

[jakecat1] 28/9/2018 08:24

Absolute, utter steal at this price imo!

[swearengen] 28/9/2018 07:44

Solid results. GP would have been £350k (up 235%) without the P&A

People are moaning on other boards that Lofgran isn't buying shares, but he couldn't if he was inside could he?

[bump3r] 28/9/2018 07:32

Steady results.We've increase our production by around 35bopd since end of H1 and oil price has increased.H2 will show a marked improvement.Just got to keep moving forward on an upward trajectory which we seem to be doing.

[nitchers] 27/9/2018 19:22

The volume has decreased..unless I have missed something?

[cinoib] 27/9/2018 16:39

Well something is stering, volume increase and nearly all buys, something in the wind for Monday perhaps.

[burtond1] 27/9/2018 07:16

https://twitter.com/tmsreach/status/1045195055315787776?s=21Matt Lofgran CEO of #NTOG has appeared recently with our friends at @IGTV ,as ever Lofgran has been candid in his account of the business vehemently defending the companies low valuation against its recent progress which was highlighted via RNS of late...

[bump3r] 26/9/2018 22:42

Matt sounds on the money with the interview.I like how he describes not many companies under £50mln mcap are doing what's happening here.Were still under £5mln, so a little wriggle room for growth.I'm not a big fan of how they report some figures nor how they tell the market how undervalued we are.Just report transperantly and professionally and the market will take care of itself.

[bump3r] 26/9/2018 22:37

(link: https://players.brightcove.net/2830693144001/default_default/index.html?videoId=5839760310001) players.brightcove.net/2830693144001/...

[swearengen] 24/9/2018 10:57

Even based on the oil price alone interims should look good. Average WTI price Is $65.59 for the first half of 2018 compared to $49.85 in the first half of 2017 - up 31.5%