Nostra Terra Oil And Gas Share Discussion Threads

[guyswonga74] 24/1/2018 16:35

More blue tomorrow please

[keya5000] 24/1/2018 16:12

US Stocks in what seems to be a 'bubble' that earnings just cannot justify.

That cash must start moving into resource stocks and juniors soon.

[cinoib] 24/1/2018 15:58

I see Dow flying yet again and we are sinking yet again. What ever happened to the mimicking we use to get. When I first started watching the market Dow was 3000 and the ftse was 2500, that makes the ftse on current levels just a tad behind the 21000 mark. I suppose if the dow had 100 stocks instead of 25 it might be closer to 10000 than 26000. Even today's good economic report seems do have done little for us.

[topicel] 24/1/2018 15:25

And the coda to Matts comments in this morning's RNS couldn't be more encouraging or anticipatory imho -

" As previously announced, we estimate our assets in the Permian Basin to have a 2:1 ROI at $40 oil. At higher oil prices we couldn't be more excited to drill."

If they're excited as experienced old oilmen then I'm happy to jog along with them to see what is next.

Topicel

[topicel] 24/1/2018 15:22

Lol, cake and eat it, why not?!

As with the Washington Federal $5m credit facility RNS on 8th January their is a changing of the guard here with some getting out of the kitchen and others replacing them. All normal and so a relatively muted share price response today really as a solid precursor to more news in the remaining five business days in January.

Watching and waiting like you keya until the early spring though other losses mean not for CGT purposes unless we've broken 10p here. As you say, a nice problem to have if progress in Egypt is forthcoming... :)

Topicel

[keya5000] 24/1/2018 14:31

Hold 500k warrants, was tempted at 6p butI am well over CGT for 2017/8 so have decided given the date is after the tax year to take a chance.

Looking for a massive volume day on Egypt production news to flog them, hopefully after 5/4.

[iloveit] 24/1/2018 14:27

Such a strong buy now as buyers loving the move up .Got to hit 8-10p soon More warrants at 8p being lined up !Let's have it Nostra up we go !

[topicel] 24/1/2018 14:06

Mind if I ask how many warrants you took last year keya5000?

As you say, each will have a 'satisfied' level of return but I'd certainly hold well into the early spring if I had some vested at 3p. I don't quite swim in that pond though!

Topicel

[keya5000] 24/1/2018 13:18

I just think they are clearing blocks of warrants.

I have a fair few but I am looking for a tad more than these levels before I exercise, the selling of warrants are just holding this back a tad at the moment.

They will get worked through and it is all cash in at 3p per share so funding and cash position should be more healthy by the day.

Warrants expire April 16th (memory) going to hold mine till after tax year end, hopefully with Egypt news by then it will be well into double figures.

[marmar80] 24/1/2018 13:12

True 74, I expect move up in the coming days.

[1bluehorseshoe] 24/1/2018 12:48

I see the RNS more as forward guidance tbh. I was wondering when I read it where the rest of it was?

[guyswonga74] 24/1/2018 12:30

The share price reaction was also muted a few weeks ago on credit facility RNS

[iloveit] 24/1/2018 11:57

Funny as there was a very busy start on the BUYS yet some selling has pulled this back.Investors yo-yo as Matt still not showing his cards on the flow rates.He produces rns this morning of 1-3 new wells application permit licences.Price then drops nicely back as probably flow rates news not yet received.If then they are good then price from this level is extra cheap!Later today maybe another rns?

[guyswonga74] 24/1/2018 11:27

Probably a big sell earlier could be more warrants. Still think thebmarket cap is too small

[cinoib] 24/1/2018 11:12

Don't about you lot but my advfm has been in bother for over an hour now and just come back on, so only just seen why it was up earlyier. Will take a bit more than that to push to new highs, if we can see the flow rates and they come in t 100 bpd+, that might do it.

[siday2580] 24/1/2018 10:59

what the hell/ Where did that rise evaporate to?

[iloveit] 24/1/2018 10:51

Off they go some sells shifted out .Better to have new traders in now at this level .

[jakecat1] 24/1/2018 10:45

Is this just a revving of the engine once again? Appears it might be. The big picture suggests to me that it is high time the hand brake is taken off the share price at these levels.

[guyswonga74] 24/1/2018 10:42

Selling at 4.72p. Just done get it. Probably a day trader selling at a loss

[iloveit] 24/1/2018 09:56

Are those 8p warrants coming into play ?

[1bluehorseshoe] 24/1/2018 09:39

Good idea to get three permits , avoids issues with government shut down

[topicel] 24/1/2018 08:48

Thanks Guyswonga. Lucky I got a small top up at 4.5p which seemed to be the re-test area and one that Rosolanor highlighted.

It was never certain without the RNS but of course it all helps. Like I say, the market has to discount forward the chances of this money being released (99%), the continuing strong oil price (75%) and the ROI of the two on current and then future projected production.

Someone wake bluehorseshoe and Blueshoes up btw...

Topicel