Nostra Terra Oil And Gas Share Discussion Threads

[zico01] 11/5/2022 08:51

Maximum available to buy online is up to 849,000 above that is NT.They don't have that many normally you can buy 1,000,000 easily.

[guyswonga19744] 11/5/2022 07:41

when will the spud the other wells? i know we are waiting on the operator for faulke 2 flows 0.62p price seems a bargain to me

[jungmana] 11/5/2022 07:22

They are almost done as you can see the F2 nodding donkey at work. News should drop this week imo and also expecting q1 production and cash generation report.

[jungmana] 11/5/2022 07:09

Https://twitter.com/mlofgran/status/1524261481759395840?t=k2f2rzR00iqsJs4gBNZ0SQ&s=19

[zico01] 10/5/2022 21:09

3,000,000 reported well after the close is showing on advfn as a sell in fact this was a BUY... this is the reason for MM's having it on NT for good few hours in the afternoon.

If the buying momentum continues tomorrow ... the MM's will move this fast and no doubt they will up to their old tricks.

They made some one panic in to selling at the low ... 1,350,169 @ 0.56p 10.39 am.
That's MM's playing the game.

Looking forward to the revenue numbers for Q1 ... as this could well be the catalyst to get share price towards 1.0p.

[m5] 10/5/2022 16:31

Added at the end. Red to blue, PB off support.

[royalalbert] 10/5/2022 16:26

Well you certainly can't buy many.

[zico01] 10/5/2022 16:16

Back above 0.60p ... should be above 0.70p

[jungmana] 10/5/2022 16:12

That's better . Too oversold as Imo should be trading nearer 1p right now

[zico01] 10/5/2022 16:05

At last they've taken it out of NT ... MM's manipulating again the b##gers.

[zico01] 10/5/2022 15:10

MM's don't want to budge ... they've had this on NT since about 1.30 ... come on Mr Market Maker get your fingers out of your b### side.

[zico01] 10/5/2022 13:42

NT at 0.59p ... about to move higher ... as iv'e already said not a great amount of buying will take this in to positive territory.

[zico01] 10/5/2022 13:26

Looking at the trades currently there are more buys than sells yet the price is still down by about 4%.This was the same pattern yesterday suggesting that MM's are also manipulating the share price thus making some holders/traders sell their shares unnecessarily at the lower end.

[berrymanl200] 10/5/2022 12:58

Interesting, bounced off the support. 1.1 top of channel.

[topicel] 10/5/2022 12:40

Indeed Zico, this can be a trading share while things like warrants are on the go. Matt even actively encourages it - hence the RNS about the pandemic preventing people cashing in warrants (yeah, right!).

Many times over the years have we seen this pattern until, when the available shares dry up - and providing the news is still good and oil is strong - the price readjusts considerably.

The traders miss that event usually. Happy with their 10-15% churn every few days as I have been in the past. But NTOG history is reliable, and especially at $100-plus a barrel...

[zico01] 10/5/2022 12:33

Selling almost done for now ... i will not be surprised to see this go BLUE on more buying in the afternoon.

[zico01] 10/5/2022 11:32

Selling is drying up ... being bought back ... should go higher than the previous intra day high of 0.825p set last Wednesday in a few weeks if not sooner.

[zico01] 10/5/2022 11:01

The Q1 revenue could well have exceeded $1 million ... Q2 will be even stronger hence the company is making bullish noises about having a profitable 2022 and thus generating positive cash flow.

Looking forward to the Q1 update when it's issued ... hopefully very soon.

[zico01] 10/5/2022 10:40

well over sold at this level ... will rebound strongly

[jungmana] 10/5/2022 08:08

Agreed is just about 10% dilution if fully exercised at 0.60p

[royalalbert] 10/5/2022 07:47

73m not that many in the big scheme of things, if they are shifting some with the 1m sells will not stay down here to long.

Remember not all warrant holders will sell at this low point, but instead hold for higher returns.

[jungmana] 09/5/2022 21:49

Not sure how much is actually left but here is the rns from 4 weeks back,;8 April 2022Nostra Terra Oil and Gas Company Plc("Nostra Terra" or "the Company")Extension to Exercise Period for Placing WarrantsNostra Terra (AIM: NTOG), the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, advises that it has resolved to extend the existing deadline for the warrants exercisable at 0.60p (the "Warrants") from 8 April 2022 until 8 April 2023.This "one off" measure has been implemented to enable holders of the Warrants an opportunity to exercise pursuant to the terms of the original warrant instrument but were unable to do so during the current pandemic situation. The subscription rights of the Warrants are over 73,611,000 Ordinary Shares in the Company. In addition, the Company will have the opportunity of subscription proceeds of up to GBP441,667.

[zico01] 09/5/2022 21:21

Edit ... from the last paragraph " profitable 2022 " this is what's going to drive the share price higher as the year progresses.

[zico01] 09/5/2022 20:52

Profit taking continued in the morning from last Wednesday's intra day high of 0.825p.
The price eventually settled at 0.59p this afternoon.

Short term 0.825p was over bought ... hence the pull back and again 0.59p was over sold.

We should see the share price move upwards from the low of 0.59p

Revenue generated in Q1 will be substantially greater than Q4.The average realized sales price for Q4 was $70 per barrel.

The price per barrel for Q1 will be significantly higher.

From February's rns :

Revenue and production increased significantly in the fourth quarter and the Company has also made a great start on executing its plans for 2022 during the early part of Q1 2022.

In East Texas drilling is underway at Pine Mills concurrent with work to expand and improve the infrastructure.. While in West Texas planning is underway for our big push to increase production through a similar development drilling program there. Finally, the recent increase in commodity prices has confirmed our bullish price expectations and as a result we remain unhedged, selling production at market rates. I am anticipating a very active and profitable 2022 for NTOG and look forward to reporting on our progress in subsequent periods.

[guyswonga19744] 09/5/2022 20:05

How many warrants left to sell??