Nostra Terra Oil And Gas Share Discussion Threads

[pdtrussell] 21/9/2015 13:50

In the video the CEO states how the project will be funded.

[chinese investor] 21/9/2015 12:41

"Last week, the U.S. oil-rig count fell by eight to 644, Baker Hughes said. There are about 60% fewer rigs working since a peak of 1,609 reached last October."

[induna123] 21/9/2015 11:36

I don't think either NTOG or IRG shareholders are happy with this new partnership.

All a bit desperate and confusing.

[cashandcard] 21/9/2015 10:18

I don't think the JV has anything to do with Tunisia, it will be about a potential opportunity that has become available in Egypt - as stated in the update. It yet to be seen how good this op really is.


Cash

[andy] 21/9/2015 08:49

One wonders why they need to do this?

Maybe one has a stronger cash position and the other an opportunity lined up they can't finance by themselves?

Just guessing, but they have stepped out of a 100% safe jurisdiction and are moving into some of the most volatile places on earth, let's hope Tunisia doesn't become an extension of the battleground that is Libya, their next door neighbour.

And Egypt already has its won issue of course. although it seems quiet at the moment.

[okuta] 21/9/2015 08:08

Joint venture announced with IRG , will that put any life back into this?

[andy] 02/9/2015 18:32

Not sure why.

WTI still $45,so what has changed here?

[chinese investor] 02/9/2015 16:44

Looking Good !

[andy] 29/8/2015 10:10

WTI now $45.

Probably accounts for that rise, until people work out how much that actually means, ad then it slips back again.

edit.

the early doors 10 million buy (£13.9K) is what rode it up, then it was sold into later, the bid actually fell from .13 to .11 on the day.

I always value my stocks at the bid,not the mid, it reflects their true value.

[buffythebuffoon] 28/8/2015 15:06

Chinese investor, have you bought a wholesale lot of exclamation marks? !!!

Buffy

[pdtrussell] 28/8/2015 10:42

knowing NTOG this is probably the pump-n-dump prior to some bad share price performance.

The buy/sell range is ~10% ; looks like they are trying to get people interested in this share again... need buyers?

Interesting to see interim report to understand how much cash ML has to move Paw-Paw forward.

[chinese investor] 28/8/2015 08:50

As Predicted !

Chinese Investor (NTOG) 21 Aug'15 - 15:19
Today could be the end of the Bear Market for Commodities !

[andy] 25/8/2015 11:03

The serial ramper "professor" Pettigrew is banning all those without a uber bullish view of the stock from his thread!

Always a bad sign when lucid debate is censored!

WTI now $38.94 per barrel, and I believe NTOG, along with many oilers, are making a loss on each barrel produced at these prices.

[michaelsadvfn] 25/8/2015 10:30

"Not only that, the charts point to a rapid 3-bag rise from here, fundamentals in the form of rising production also underpin the vastly undervalued share price."

I don't know about 6 bagging in 2 years, this has collapsed from 0.5p to 0.1p in the last 2 years.

No surprise really.

[andy] 25/8/2015 01:01

WTI now $38.41!

That's surely less than the (total) cost of production?

[chinese investor] 24/8/2015 16:37

NTOG Held Up Well Yesterday !

[chinese investor] 21/8/2015 15:19

Today could be the end of the Bear Market for Commodities !

[chinese investor] 21/8/2015 15:18

Nils who is a big shareholder is going to ensure this company will survive !

[andy] 21/8/2015 09:50

pdtrussell,

They probably aren't at these prices.

And it's a pointless statement anyway, because it turns into a loss when you include administration, salaries, Depreciation etc.

[chinese investor] 21/8/2015 09:38

They Probably Don't Hedge As Well !

[chinese investor] 21/8/2015 09:33

pdtrussell,
You'll have to wait for the Interims (Released End of September 2015) for information on "Cash Flow" (Six Months to June 2015).
Cash flow generated from operating activities in the first six months of 2014 was £247,000.

[pdtrussell] 21/8/2015 09:28

£ do not equal US$

Also, no mention of 'Cash Flow Positive' whatever that meant.