Nostra Terra Oil And Gas Share Discussion Threads

[imjustdandy] 02/12/2024 04:24

Nonsense company

[imjustdandy] 02/12/2024 04:17

Is this a garage? 2 cups of oil per day. Just look at the money this Co has raised over the past 7 years. Where has it all gone

[bri15] 29/11/2024 19:39

This is a completely different company to the shambles that was NTOG 6 months ago when Matt stood down and Paul took over,everything is on the up now,more income, better Bod, better future.

[bri15] 29/11/2024 13:18

Oil producer,cash in bank, placing done so no more short-term funds needed,all for less than a £million.

[bri15] 29/11/2024 13:13

On the way up!

[mindthegapup] 27/11/2024 12:11

Cash, profitability and production increasing by the day

Should be at or near 200 bopd in next month or two

They are now making 5x the cash as they have reduced all expenses, overheads, and any increases in production goes straight to the bottom line
Now in profit at a corporate and operational level, and still only just over 1m mcap

[bri15] 27/11/2024 09:36

Plenty of positive sentiment with this one,and as the market is so fickle that normally means share price rise.

[encarter] 26/11/2024 07:12

There's this also, though not sure how much they would get. Anything would be a bonus."The asset disposal process continues with two properties remaining to be sold.  The initial disposal of the West Texas assets (Coleman and Raschke) significantly reduced the operating costs in the area.  The remaining asset, the Grant lease, is now operating profitably, and the offers received were insufficient to justify a sale.  In South Texas, two assets are in a sale process as a package and have attracted multiple interested parties and offers but these sales have yet to close"

[mindthegapup] 25/11/2024 20:09

My understanding is that they are already back in profit with just the latest improvements with phase 1. That doesn't include the water flooding programme yet to increase production further and the effects of phase 2 which, by then the company will be at or around 200 bopd.
I can't see any further raises required now for the foreseeable

[bri15] 25/11/2024 19:52

By short term I mean 3-5 months after which we could be self funding through profits,if not then a placing.

[bri15] 25/11/2024 19:51

The last placing gives the company a cash runway until possibly Q2 25 and allows the company to do workovers to extract more oil thus gaining more income,yes we have debt but so do most companies,buy, hold and wait for increased production update and higher sp, short term investors can't lose on this one.

[mindthegapup] 25/11/2024 16:24

That's funny because it looks like it's going UP bellend

👌👌👌👌8075;👋Ԁ75;👋👋;

[encarter] 25/11/2024 16:21

Not before it goes a lot higher.

[sincero1] 25/11/2024 15:19

pahahahaa..same spiel as last raise in july....that was just 3 months ago....ouch..3 months ago
!! ouch...this is going alot lower...ouch..

[encarter] 25/11/2024 10:23

Didn't you see the placing? Cash in the bank.

[sincero1] 25/11/2024 10:21

Mindthegapup 11th nov price 0.04 "Brilliant brilliant update .." share price now 0.02 ...OUCH ... what a bellend...

[mindthegapup] 25/11/2024 08:54

.24 paid .....

[mindthegapup] 25/11/2024 08:43

We might not have to wait long at all encarter - already ticked up 😊

[encarter] 25/11/2024 08:37

Probably an overhang to clear. Only good news from here though. Give it a few weeks.

[mindthegapup] 25/11/2024 07:10

"not if they keep doing very discounted raises"

They have no further raises planned and are now profitable if you take the time to watch the latest interviews, so all good here - don't forget to buy some back before this takes off 😉

[jon389] 25/11/2024 04:40

not if they keep doing very discounted raises!

[imjustdandy] 25/11/2024 01:05

Nonsense company

[mindthegapup] 24/11/2024 22:13

This will re-rate significantly over the coming weeks.

Market cap even after latest raise only around £1M.
Potential for 200 bopd once phase 2 complete
Company now generating profit at corporate and operational level from just phase 1 completed, with phase 2 production increases still to come.
No further raises planned according to CEO.
All the bod with skin in the game - Jim Newman himself now sitting on over 300M shares.
Institutional shareholders coming on board, may see TR1s in days and weeks ahead.
Company in full turnaround mode, with a market cap of just £1M and NAV over £10M - simply far too cheap now.
Potential 5 bagger plus short term here GLA

[bibdaddy] 24/11/2024 21:08

Bullish words from CEOhttps://www.proactiveinvestors.co.uk/companies/news/1061226/nostra-terra-ceo-discusses-500-000-fund-raise-and-expansion-plans-1061226.html

[jon389] 21/11/2024 17:00

sold far at the peak so well pleased