Nostra Terra Oil And Gas Share Discussion Threads

[topicel] 16/5/2018 14:15

Nicola on the Charts at Vox Markets with Justin Waite called a drop back to 4.3p and that the chart was AWESOME therafter...

I can be convinced! Salt water was but a minor irritant.

Topicel

[topicel] 16/5/2018 12:14

And it has just put its head above the salt water!

Ahoy there, I see blue. We'll consolidate until Matt comes up with some news, probably next week. There it is. Buy between now and then as the disappointment subsides and the 5p valuation returns.

Awesome chart according to Nicola at Vox Markets...

Topicel

[dabs1969] 16/5/2018 10:37

It's definitely trying to climb

[guyswonga74] 15/5/2018 19:06

Pretty stable really. Plenty of buyers at around 4.3p who see decent value

[novicetrade68] 15/5/2018 14:18

Volume again really good today plus a delayed 500k buy from an hour ago showed up at 4.28p.

[topicel] 15/5/2018 08:32

Of course the residual fall-out of a ceased drill will be used early on to bring more sellers with weak holdings into the willing arms of MMs.

They are making a market and have demand but can only meet that with product so they are using the drop in sentiment to their advantage. It is unlikely to last as they are being met with plenty of buyers at 4.3p so they'll need to readjust upwards as the day goes on.

I'm with Dandy in thinking the next drill will be along soon enough. Basically the lottery number for a tenner didn't come up yesterday, that's all that's happened imho.

Or, as the CEO has tweeted, "little more than a speed bump" as we go forward. The market will always over-react in either direction...

Topicel

[imjustdandy] 15/5/2018 08:18

Still cash positive and that was before the oil price rise.

[imjustdandy] 15/5/2018 06:33

I'm confident 4th drill news will be this week.

[cinoib] 14/5/2018 23:13

Some of you with spare dosh might get a chance to top up again tomorrow as I feel another little tree shake coming. I hope am wrong but my hunches usually pay of. Will sit tight on mine for now or untill we get the next well drilled successfully.

[neilyb675] 14/5/2018 19:49

Yep that is oilers for you.......

[imjustdandy] 14/5/2018 18:34

Such a pity but we move forward. 21 wells still to drill and plenty to go for.

[arsey] 14/5/2018 17:40

A damn shame but subsequent well in the near future sounds promising as most cash saved. As others have said always a risk when you go drilling and we do have some flow rates to look forward to. Still undervalued as well. Sit tight. Onwards and upwards. RC

[topicel] 14/5/2018 14:34

Oh, I don't think those buying up the weak sellers' shares have forgotten any of the good to great news novicetrade!

I would also point out we have another permit as announced in April so no doubt negotiations with the rig team are underway to move to that location as and when...

The daft thing is we would have been finishing today, I suspect, at a 2018 high above 5.5p salt water ingress aside. Such is the fate of an oiler.

Topicel

[novicetrade68] 14/5/2018 14:00

12m traded so far is absolutely a very decent churn, I agree with that. I hope no one forgot the company actually found oil in their G6 last week and now we await flow results.

[topicel] 14/5/2018 13:57

Indeed, without the gains that normally precede anticipation of a successful well that could have accrued this week - as was happening for a couple of hours this morning.

7% up to 15% down was some churn for the MMs and will have burnt a few, especially if they'd had stops hit. T-traders will be thinking hard and meanwhile those of us who accept the risks and know the company is developing to a plan will simply add at a discount.

This will probably meander along now for a while. If Jakecat1 is asking for odds on blue for the end of today then it needs to start pretty soon. It has not been a bad drop in the scheme of these things.

As Meat Loaf sang, 'two out of three ain't bad' when you count Twin Well was a success in April and G6 last week. We move on from salty water at C8 and start on our remaining permit once everything is mobilised. Bon courage à tous!

Topicel

[iloveit] 14/5/2018 13:54

Not the rns we needed but shook out a few as expected.

[siday2580] 14/5/2018 12:37

The spud dropped the price and the pull out dropped it today

[babbler] 14/5/2018 12:33

That's aim for ya.

[siday2580] 14/5/2018 12:17

This drop makes no sense

[jakecat1] 14/5/2018 12:16

Odds for blue by day end?

[dabs1969] 14/5/2018 11:49

It can't be helped that's the risk, but a huge over reaction to the news

[topicel] 14/5/2018 11:48

It wasn't moi, I'm pending for 100k at 4.55p, but I too don't expect to get them.

Out of adversity comes opportunity. This is life as an O&G play, it changes nothing regarding the bigger picture. Just a shame the MMs now have access to plenty of shares to toy with it for a while.

Never use stops on AIM.

Topicel

[novicetrade68] 14/5/2018 11:38

My order for 50k @4.30p didn't get honoured because someone else was quicker and got'em instead.

[markth126] 14/5/2018 11:36

Based on we were undervalued anyway at 5p, this is a no-brainer to top up so I have twice at 4.3 and 4.4 just now. Long and strong now.