Nostra Terra Oil And Gas Share Discussion Threads

[bsg] 01/6/2016 14:13

The BOD wouldn't want to change their lifestyle at any cost.

[p@] 01/6/2016 13:16

Next consolidation at .0019p.....LOL

[chinese investor] 01/6/2016 13:16

Capitalised at Around £1 Million !

[chinese investor] 01/6/2016 13:15

Now in a Coma !

Chinese Investor (NTOG) 12 May'16 - 14:38
They've given up reporting USA numbers and the Chinese aren't playing ball with them in Egypt.
A long way to go to recovery.

[andy] 01/6/2016 13:02

p@,

Yes they have lowered the nominal value so they can issue shares at 0.002p!

The previous nominal value was 0.1p,so they are plating very safely here, a 50:1 consolidation AND a lowering of the nominal value by 80%!

[andy] 01/6/2016 12:25

There has been a share consolidation of NTOG shares.

The market cap on ADVFN is incorrect, they have not yet adjusted for the new number of shares in issue.

If previous consolidations are a guide, NTOG will be below 1p again very soon.

The bond issue suggests they can't raise via equity.

EVERY issue, be it bonds, debt, or equity, is dilution........

[marmar80] 01/6/2016 12:23

Down 50% in real value

[andy] 01/6/2016 12:04

What a chart!

climbing a cliff, £1 by Christmas Rodney!

[bsg] 01/6/2016 11:41

Should be under a penny in no time at all.

[marmar80] 01/6/2016 11:40

They should wait with this rns till tomorrow. Today it had a chance to close near 2.5

[ukinvestor1] 01/6/2016 11:34

Game Over

Insert new coin to continue.

[bibdaddy] 01/6/2016 10:38

So what they are saying is...We cannot get anyone to invest in us so that we can buy what we have been chasing for months....oh and we continue to look to buy more assets that we cannot afford!!

[chinese investor] 01/6/2016 10:22

About the same.
There are around 82 million shares at 2p each => £1.5 million.

[marmar80] 01/6/2016 08:55

Has the real mcap dropped or stayed same as before reorganisation?

[joecase] 01/6/2016 08:42

So am I So am I woopee

[chinese investor] 01/6/2016 08:21

I'm Rich !
Rich !
I'm Tellin' Ya !

[chinese investor] 25/5/2016 08:49

Commenting on these initiatives to reduce further the Company's debt and improve its liquidity and working capital, Greg Coleman, CEO of Independent Resources said:

"I am pleased to have made further progress in our debt reduction initiatives and to have reached agreements with a number of our creditors which involve the Company issuing Shares in payment of outstanding debt at prices which represent a substantial premium to our prevailing market price. The Company is continuing to explore options to secure sources of finance to support its current operations and to acquire assets which meet its demanding risk adjusted returns. The Company also continues to progress arrangements to enable it to receive payments of accrued and future revenues on its East Ghazalat asset. The Company will update the market as and when it has material new developments to report. "

[barnetpeter] 24/5/2016 20:49

smashing down into all time lows daily. Millions blown and still the bod pay themselves as if this is a serious company. Its broke with lots of debt and worthless assets. Soon have a mkt cap of a London one bed flat....capital reorg so they can raise a bit more I guess from bucket shops.....then it will be the delisting from Aim rns and never heard from again as the debt will take priority. Still the board bang on about the opportunity.....that's why you had all those millions and millions. Won't get that again.

[simon_64] 24/5/2016 15:50

waynz

I am out now, but have a lot of friends still invested looking at HUGE losses, ML is a monster he made a nice profit lending his shares out to a hedge fund to short whilst still raising funds via placings, he is beyond contempt ripping off the people who pay the BOD's wages he is scum of earth it's turning into another Meldex.

[waynz] 24/5/2016 15:45

The board of the Company ("Board") believes that the current market for oil & gas assets presents a rare opportunity. After a prolonged period of low prices, the Board considers the time is right to reposition Nostra Terra to take advantage of these conditions.We will just dip into our rainy day fund, oh there is no rainy day fund lets rip of a fee more pi's all in shareholder value of course . Obviously I blame myself for investing . But it never softens the blow when the lights get switched off

[johndee] 23/5/2016 15:42

Does not make sense selling oil to people who have a history for never paying for any.

[chinese investor] 23/5/2016 15:40

"Kayne Anderson Energy" increase their holdings.