Nostra Terra Oil And Gas Share Discussion Threads

[royalalbert] 15/4/2022 16:27

Cash flow positive as well, ducks lining up.

[jungmana] 15/4/2022 11:32

In the recent Q4 report the revenues was about $770k at $70 per barrel of oil achieved in that quarter. With oil at $100 revenues will be over $1 million for Q1 on 118bopd net production.

[jungmana] 15/4/2022 09:35

Based om oil reserves and current production of about 120 bopd alone the market cap is low at just GBP 4m right now. The company should be at least double that in valuation with oil over $100.Then comes the F2 production next week and 3 more wells being drilled in the short term. We could more than double our production by September.2 to 3p target by end of year for me.

[idriveajag] 15/4/2022 08:14

WTI Crude price now $107.NTOG will be raking in the money.

[werdnado] 14/4/2022 22:25

Could easily double our production and more this year

[monis] 14/4/2022 22:01

news next week should be interesting...

[werdnado] 14/4/2022 21:34

This is getting very exciting here. Still only $4m market cap

[royalalbert] 14/4/2022 19:51

WTI approaching $107, money will be rolling in shortly from the new well.

If we receive 30bopd (100$ a barrel) that's an extra $1,095,000 in income, expecting more than 30 but being conservative.

Other wells to be drilled both by us and also partners, on top of the already producing wells makes for a very compelling case here.

Fair value anyone?

[monis] 14/4/2022 10:04

That rns will be interesting.

[royalalbert] 14/4/2022 10:03

Agree with that Monis, remember another RNS will land in the next week.

[monis] 14/4/2022 09:58

We are going to get a lot of news for the next 12 months, doesn't really make sense to sell straight away.

[jrlomax] 14/4/2022 09:56

Hardly moved on the excellent news, wonder if some warrant holders are forward selling

[monis] 14/4/2022 09:55

10m share buys so far today.

[jungmana] 14/4/2022 09:38

A nice 2 million buy there

[jungmana] 14/4/2022 08:55

"Finally, completion and testing operations on the Fouke #2 are nearing completion with the well anticipated to be placed into production within the next week."

[monis] 14/4/2022 08:26

make that 2

[monis] 14/4/2022 08:26

1m share buy just gone through

[optmist] 14/4/2022 08:21

Slow and steady, better than a spikey

[jungmana] 14/4/2022 08:11

Added 400k shares there. Ntog could be one of the stars of 2022 .Brilliant rns this morning.

[itsmyshares] 14/4/2022 08:11

I bought back half of what I sold at 0.65p the last time. My main investment is stuck in Ironveld that's too risky to sell at this stage.

[monis] 14/4/2022 07:58

You don't know for sure but i would expect quite a rise on this news.

[royalalbert] 14/4/2022 07:56

There has to be more than us two who have seen the RNS, were are people?

Although expecting a bit more in trades today.

[monis] 14/4/2022 07:53

$103 unhedged. Very good.