Nostra Terra Oil And Gas Share Discussion Threads

[topicel] 26/11/2018 21:29

Yep, 8p. You bought back in here bluehorseshoe? Been many months since you were pushing this when the warrants were playing out.

Sure is a good entry price again. Egypt is on simmer only though I suspect, but never say never as it would bring about a ten-bagger rather than the 2-3 bag that this has deserved for over a year now.

Those 8p options are just priced about right imho...

Topicel

[1bluehorseshoe] 26/11/2018 20:45

BOD incentive at 8p I believe?

[1bluehorseshoe] 26/11/2018 20:44

The hedging facility is very rare for a company with a Mcap under 200m. CEOs words not mine, a hint of things to come? Egypt would do it!

[sclper] 26/11/2018 19:35

I think hedging the production will allow NTOG to borrow more funds as it takes away the uncertainty of the revenue stream

[1bluehorseshoe] 26/11/2018 17:18

Happy to buy more too as funds allow, suspect Matt will have a few surprises in the coming weeks. Haven't spoken to him for a while but he has always been keen on getting Egypt moving and it's not priced in at all.

[strawberryalarmclock] 26/11/2018 17:01

Incredibly you could buy for 2.40p and sell at 2.42xx at the time, yet after the 200k purchase it went to 2.44xx to buy. I think you got yourself a good deal there ;-)

[nitchers] 26/11/2018 16:44

At 14:54? showing as a sell?

[1bluehorseshoe] 26/11/2018 16:18

That 200k at 2.4 was my top up btw

[1bluehorseshoe] 26/11/2018 15:07

Egypt eh? Nice

[iloveit] 26/11/2018 10:35

All good news yet investors watch price at this level.Wondering when that double digit share price will appear ...been a long wait .

[novicetrade68] 26/11/2018 10:31

This sounds quite ok and the report by Trey is scheduled in a couple of weeks only...'Nostra Terra has already received four unsolicited expressions of interest from potential industry partners wherein Nostra Terra would be carried by a partner in initial drilling costs.'

[topicel] 26/11/2018 09:59

As you say Dabs, nothing to fear here and, one fine day, out of the blue yonder, this will move north fast.

We have been predicting that day for most of 2018 and every advance has been knocked back until this recent, macro-picture induced collapse in value. What a bargain price to have offered again for those who wish to take it. After all, the company is being prudent (the hedging) as well as adventurous (Mesquite plans) while steadily growing the existing production.

It seems the hedge will cost something but secures the basic expenditure against any further downturn in oil prices. Getting $60 is a nice cushion but, when you stop to think about it, that price will have been given by BP Hedging on their calculations which clearly assume a far higher price in 2019. That is how they make money.

In other words, the recent Trump hold over Saudi (Kashoggi affair etc) will dissipate and the forecast $75 will come back soon enough. But the sensible move was to secure the income stream and Matt has done that. With no threat of a placing, prospective partners and other JV ideas sniffing around, I'm topping up here.

Each to their own and DYOR of course, but still 'cash flow positive' and upside a plenty all for £3.8m m/cap seems too low as ever.

Topicel

[dabs1969] 26/11/2018 08:57

Fantastic update as per normal on good news it's bound to go Red it always does what we need is bad news to turn this Blue NTOG is going to fly one day and we won't see it coming

[arsey] 26/11/2018 08:08

Decent update. Market cap tiny and yet the first three trades are sells. Let's hope that reverses throughout the day. RC

[nitchers] 22/11/2018 17:33

We had the buys last week was over 3m sells up and still they marked the share price down both days we were up. Sadly...not delivering on the promised drill plan is killing this.

[jakecat1] 22/11/2018 14:07

Wide spread is killing trades. MMs don't seem to know which way to go. Probably have to wait for next news before any movement. Still think way undervalued, and could fly at any time on news, or even a series of low volume buys.Good luck all.

[markth126] 21/11/2018 12:47

Tell me about it!! Been a painful couple of months but oil price hasn't helped me out much across whole pf

[cinoib] 21/11/2018 11:53

Markth126,
You'r braver than me holding that many. 1% of AAZ I would not mind at all as is going from strength to strength and loads of backing. I daren't sell my few as am to deep in the red.

[bump3r] 21/11/2018 11:22

Let's hope it's up from here.We may even get a Santa Rally.

[barnetpeter] 21/11/2018 10:32

ntog has always disappointed. Having been a holder many times over the years I have learnt to grab a profit and run away. Placing after placing; it usually hits 1.3p at the lows as the chart shows it did this year and last before a rally. Most LTH got out above 4p and I am afraid those who bought in on the spikes are going to find out that its a long wait now.

[swearengen] 21/11/2018 09:34

Looks like forced sell - likely a margin call. Great buying opportunity!

[skara brae] 21/11/2018 09:34

Yes, may be a tad oversold here, if not based on anything more sinister.

[markth126] 21/11/2018 09:27

Looking at the trades seems like a 1% holder like me has had enough and off loaded 1000000 shares in chunks at whatever was offered. At least there some buyers... it should climb back from here. Imo