Nostrum Oil & Gas Share Discussion Threads

[wigwammer] 22/1/2020 08:07

"In addition, the Company is in discussions with other parties potentially interested in supplying raw gas to completely fill the spare capacity. Whilst the outcome of these discussions is uncertain and details of such negotiations are commercially sensitive and confidential, a successful outcome would lead to securing materially transformative, stable long-term revenues."

[pec2004] 22/1/2020 08:05

I am a bit surprised this is not down more this morning.

[wigwammer] 22/1/2020 07:28

Ala is obviously the master investment guru... What time frame on his 200p target?!! Lololololololol "NOG: Back in at 185.8p. Aiming at 200p. A 40% fall form 300p to 180p is just a little bit overdone (lol) on a temporally reduced 10% production?

[alamaison5] 22/1/2020 07:22

wigwammer:
tell us master investor guru, up or down?

[wigwammer] 20/1/2020 15:03

Change your username fella, it's for the best. Just trying to help :)

[alamaison5] 20/1/2020 15:01

A chip on his shoulder this one, lol. Got some private life issues mate? Go on, sort out elsewhere, no one's interested here.
xxx

[wigwammer] 20/1/2020 13:21

Don't be afraid fella, your predictions are totally meaningless. Just look .. "NOG: Back in at 185.8p. Aiming at 200p. A 40% fall form 300p to 180p is just a little bit overdone (lol) on a temporally reduced 10% production"

[alamaison5] 20/1/2020 12:17

If NOG doesn't recover to 17p then 14p is next I am afraid.
PFD a buy at 37p
INTU at 21p
HUR at 22.5p

[alamaison5] 18/1/2020 13:40

ORM:
Costa: We know where the floor is, .65p guaranteed.

So, if you're planing buying try to get as close as possible from that silly price.

52 Week Low: 0.575p
Market Cap: £3m

The seller: City and country of registered office: Holding now below 3%. From 8.95%.

Risk:
Should the Disposal not take place, Shareholders should be aware of the possibility that Saloro SLU ("Saloro") could become in default under the terms of its debt financing by Oaktree (and require a waiver from Oaktree), and the security given by Ormonde over its shares in Barr BV, as part of the 2015 financing, could be enforced. In such event, the Board believes that it would be unlikely that any value would be retained by Shareholders.

Reason for the disposal: Low grade and additional funding requirement, which is currently estimated by the Company to be in the region of €12-15 million.

The offer is: a cash consideration of €6 million.

If ORM is able to pull this off, it will be at a considerable loss to them.
But we don't care, do we?

And make sure you remember that: security given by Ormonde over its shares in Barr BV, as part of the 2015 financing, could be enforced. In any scenario were such enforcement action to be taken, the Board believes that limited to no value would be forthcoming to Shareholders.

he €6 million net cash consideration is to be received by Ormonde in full on closing, currently expected to be around 14th February 2020 (subject to passing of the resolutions at the EGM).

Volatility is the trader paradise, isn't?

[costax1654x] 17/1/2020 15:31

? orm hmm!5-6 mil cash + gold assets ,no Debts all for 3 mil mcap!!!?

[alamaison5] 17/1/2020 11:22

FIN Well, check it now...

NOG To go to 14p? Or 17p will trigger, again, a rise? I am doubtful now. The lack of interest is worrying, don't you think?

[alamaison5] 09/1/2020 17:10

If anyone wants to make some beer money for the weekend.
xxx

FIN:
130p hopefully will be history as from tomorrow.
335,000+ shares bought at 130p, -or/and- nearly 1% above the ASK.
I have the gut feeling that FIN GONNA move fast now.

[alamaison5] 09/1/2020 13:57

ORM, apart from awise, did anyone took the bait?

I guess not, too stubborn...
Moving fast now!

[awise355] 09/1/2020 13:54

Nice moves on ORM. Thanks for the tip. Dyor

[awise355] 09/1/2020 08:11

Thanks for the alert to OrM could make some nice trading money

[awise355] 08/1/2020 15:04

Had to pay .75

[awise355] 08/1/2020 14:59

Just put an order in for £1,665.00 could get live price.

[alamaison5] 08/1/2020 14:54

ORM: Picked up a few on my way there... Just under .64p

[alamaison5] 08/1/2020 14:51

Aberforth is now buying, Justin Case you've missed it.

😎

Is it: a) to confuse the enemy?
------:b) a signal to say we're done selling?

I'm in for £3k in few secondes, depending...

[alamaison5] 08/1/2020 13:39

Redd, wrks, rbd, hur, gms should do really well in the next few days.

[awise355] 08/1/2020 13:12

I'm certainly excited about the prospects if they manage to escape out of predicament alive - when are we due an update on the next we'll do you know?