Nostra Terra Oil And Gas Share Discussion Threads

[1bluehorseshoe] 13/1/2018 16:26

Company year end was 31 December so looking forward to seeing Final Results RNS soon too

[arsey] 13/1/2018 13:19

Got to say whist reading through quite a lot of the historical RNS's rom the last two years I was impressed with the lack of blarney. RC

[1bluehorseshoe] 13/1/2018 12:56

If blarney means the balancing act of judging the correct pressure for a well in its given reservoir or rock structure in order to stabilise production whilst bearing in mind the pressure differential when further wells are drilled in the same play and assessing water, gas and displacement then you’re right.

[1bluehorseshoe] 13/1/2018 12:02

We have bankable assets that were $5m on low oil price. We have 100% of Pine Mills that were producing 100bopd expecting increase to 150bopd. Twin Well we have 53% interest with rates to be confirmed. All USA assets are 1p. Bearing in mind oil at $60 I think we’re looking at c$10m with potential for this to double or treble (depending on acquisitions and further wells) The hedge facility is the clue imo I.e $25m
Egypt is 2p but our deal is one million barrels at $1.09 per barrel cost. Remember Egypt is Brent. Then we need to negotiate legacy non paid cash calls that Echo owed North that Echo believed were overblown (during lower prices and Echo being skint). There are also two multi TCF gas fields in this JV which is 50% North operating.
All projects up and running, further acquisitions, energy prices stable, I’m hopeful for excess of £1 per share in 3 years. Just my opinion, not advice etc dyor

[arsey] 13/1/2018 11:11

A little bit more research and understanding of potential I have downgraded my thoughts over market cap in the short term.Maybe kissing goodbye to 50 million market cap was a little optimistic. Possible if holding for a few years but not in short to medium term. If Egypt can be sorted and it would seem we are due some positive news very soon then I believe we could see 30-40 million market cap reasonably quickly. Will depend on how quickly they can bring Egypt on line. Any growth after that will of course depend on flow rates and how the market values the potential. What I must say is that I can't find too much that is negative about how the company has been restructured and financed. Hopefully they can keep away from any dilution now and that does seem the stated aim. Flow rates for 'twin well' will be very interesting and speed of spud for next well is important to see how quickly they intend bringing the 24 drill ready locations on line. If you do some reading and research what really stands out is how cheap this company still is in terms of market cap with oil circa $60. I look forward to news on several fronts over the coming weeks.RC

[novicetrade68] 12/1/2018 19:47

729k shares bought in the last ten minutes, 11 trades, should set us up nicely for Monday.

[arsey] 12/1/2018 18:45

If they ever get Egypt sorted ( a big ask if you go by the history when it was owned by IRR before it then became Echo) you can kiss goodbye to £50 million market cap in a positive way. RC

[1bluehorseshoe] 12/1/2018 16:09

Great week blueshoes, looking forward to more of the same

[1bluehorseshoe] 12/1/2018 16:03

Lol, try your luck on LSE instead

[babbler] 12/1/2018 15:53

Nah. Sellers have arrived :(

[siday2580] 12/1/2018 14:55

5.85 close

[dabs1969] 12/1/2018 14:13

I think we will hold around 5.5p, strong RNS middle of next week on PM, will see this them move rapidly up on good news, followed by Egypt towards the end of next week.... Lol pure guess.

[dabs1969] 12/1/2018 14:09

I thinks its the consolidation thats knackered the charts.... Still exciting to watch the recovery unfold

[1bluehorseshoe] 12/1/2018 13:58

Who’s going to be first regarding weekend positioning?

[topicel] 12/1/2018 13:42

Sorry Dabs1969, you're right, it was only 150p equivalent share price on launch in 2007.

Of course ADVFN's graphs could lie. ;)

Be nice though, eh? :)

Topicel

[1bluehorseshoe] 12/1/2018 13:41

40% up on the week I believe, that’s how rerates are done without spikes. 10%,5%,10%,5% every day. Got to love it with news to come

[cinoib] 12/1/2018 12:56

You can buy 250k and sell 50k by phone.

[dabs1969] 12/1/2018 12:48

Sorry mate but NTOG has never been £1.60 not after Oct 09 it went to just over 2p and never went close until 2011. I know because I first bought in at 1.77p.... averaged down to 0.66 and then got hit with the 50:1 consolation and my average is now 32p lol... So I'll be more than happy with that for starters.....

[topicel] 12/1/2018 12:35

Indeed bluehorseshoe - day after day the MMs grab stock below the ask at various points by charging and scattering the herd, picking off the weak.

Usually happens around lunchtime too when trades naturally slow and the spread widens while a bite to eat is taken.

All being equal the market will resume trading up afterwards as they then have gathered in more shares to turn a profit on. Easy money for them.

Don't let them have yours. You know who you are! Remember yesterday when deserters were to be shot for bailing? Well, they shot themselves in the foot, anyway... :)

As for £1.60 mate, I'd be happier indeed but would have to wait five years - I'll settle for a tenth of that within days...

Topicel