Nostra Terra Oil And Gas Share Discussion Threads

[topicel] 18/10/2018 21:00

Yep, well done with that buy then markth - as you say, a decent return should ensue over time but, imho, quite soon too, all being well.

Year highs are still 30% away and they were before maiden cash flows and production increases etc. The longer term is potentially a 10-bagger, assuming we accept Matt's oft-asked question as to what other junior oiler has all NTOG is offering at under £50m m/cap?

It is presumably rhetorical, none actually exists but is where he feels NTOG should/will be...

Topicel

[markth126] 18/10/2018 17:05

''Twas I topicel with the 250k, sold out a chunk of ARS before the drop today and put some more into NTOG. Think it will be give decent return over time.

[topicel] 18/10/2018 16:59

Someone seems to have taken 250k at 4.10p late on.

Further support of this size can only help underpin the recent increases. Maybe Matt can just leave well alone this October?! Let the momentum do its own thing.

Topicel

[topicel] 18/10/2018 16:55

Too much by the sound of it! I did very well out of NTOG in the 09-11 period and then became a LTH with some residual amount left that was, after consolidation, written off.

If Dabs needs 28p then he must have been averaging down too? I found the BP hedging the compelling reason to reinvest last year, then again with the Washington Federal equity loan. That really meant dilution was a thing of the past and with our 2-for-1 return at $40 oil we have plenty of extra income to use on growth too with oil at $60-80 these last few months.

As I've mentioned recently, plenty of speculators can see this is undervalued and could hit new highs for 2018 - and that is before news of acquisitions, new permits, drills and workovers.

I also agree with bump3r that 4.5p would appear to be a minor - ahem - 'bump'. Go above that without news and the 8p vesting options could easily be in play soon...

Topicel

[nitchers] 18/10/2018 16:37

How much you in for Dabs?

[bump3r] 18/10/2018 16:30

Let's get above 4.5p first.We may need news to break through.

[iloveit] 18/10/2018 15:21

5p today looks very exciting!

[dabs1969] 18/10/2018 10:03

Only another 28p to break even, lol you can do it you Tog of a Dog

[cinoib] 18/10/2018 09:46

Looks like another positive day, one buy and the ask moves up, another bu and the bid my follow. Am getting closer to break even again. Wont be happy with less than double figures.

[dabs1969] 17/10/2018 16:15

Its definitely trying come on the Tog

[iloveit] 17/10/2018 15:52

It's going for that 5p some good buys last 30 mints.

[dabs1969] 17/10/2018 09:07

It would be nice to break 4p slow and steady

[jakecat1] 17/10/2018 08:27

Agreed - would take that. Would be equally happy with a steady, under the radar rise first, so I can keep accumulating... before the full firework display.

[topicel] 17/10/2018 08:27

Running before walking again iloveit... let's break out into a trot, maybe then a canter, before the acceleration to actual running.

More than happy to 5p approaching as that was the value placed on the company long before production was increased, new wells were opened up and cash flow positive was announced in February.

It was June when the failed drill at C8 causing its shut down ended the last peak at 5p and we are now likely to revisit that mark and if it takes a few more days then what's the rush?

This has, since the overshoot in January to 5.6p, all the signs of stabilising above those levels this autumn - great start to US earnings season doesn't hurt - and the options set at 8p are stiff but not out of reach for management. They must be confident of making that...

...and maybe another overshoot. IMHO.

Topicel

[iloveit] 17/10/2018 07:39

Let's hope the 5p gets smashed today.

[novicetrade68] 16/10/2018 17:49

Looks like there is something brewing...

[bump3r] 16/10/2018 17:32

There's a bit on Matt's Twitter accounthttps://t.co/bcBjAmZRqR?amp=1

[topicel] 16/10/2018 16:49

That's the spirit iloveit...back to the 10p-plus attitude. It's in there somewhere, just need the right catalyst.

If it is Egypt then add a zero to that target!

Options vest for the directors at 5p after five days above 8p, so plenty of incentive for all involved. Almost keen not to know what is happening given the way we are building momentum without news.

Topicel

[iloveit] 16/10/2018 16:17

Well it's making waves now ...there has been a chance to top up so here comes the rerate.Nice play for those getting on board now as 10p+ looking good again.

[novicetrade68] 16/10/2018 15:43

Very strong again today, maybe an update soon!

[jakecat1] 16/10/2018 15:30

Think that this one could shift up through the gears very quickly. Very sensitive to small volume trades and outlook continues to be v positive in my view. Free lottery ticket with the Egypt prospect included too!

[topicel] 16/10/2018 12:43

And strongly above the 3.5p support again that appeared to have been broken suggests others are inclined to agree... ;)

Topicel

[topicel] 16/10/2018 12:41

Repeating the pattern so far from start October 2017 when the base was 50% lower at 1.5p before news flow and increased interest in oil stocks big and small, based on a resurgent price per barrel, took NTOG up beyond 5p in early January.

The base here is very solid and anything drill, permit, workover or acquisition related that is due will make that repetition all the more likely. IMHO.

Holding and acquiring in dips, if we get them...

Topicel

[cinoib] 15/10/2018 15:52

See we are 3-1 on the sell and the bid goes up,much better. It's like there is a big buy in the background and they are short of stock otherwise why move the bid up when others are selling. We will see after close.

[iloveit] 15/10/2018 14:25

Just seems stuck at this low price city still not getting buzzed up .