Nu-oil And Gas Share Discussion Threads

[taxibabe] 14/3/2021 07:29

Yes we are going to be rich rodders looking forward to dining out at the Savoy with the board when in London in a couple of years.

[99887766] 13/3/2021 19:09

1233668899 we’re gonna be rich rodders ………



But looking at those accounts maybe not if that’s what they can “scale up” to 🏴‍☠;️🤡👊✌ᥧ9;👌

[roger daly] 13/3/2021 18:55

99887766

they did'nt abandon the gravy train wages.

good to see the old buzz returning to this spectacular board

[1233668899] 13/3/2021 17:54

Arx have a growing business with the firm saying it protects around $35 billion of assets and more than 4000 seafarers and counts oil majors BP, Total and Petrobras as well as major shipping firms among its customers.
So that shows how scalable our new business is.

[taxibabe] 13/3/2021 15:48

You forgot newfoundland

[99887766] 13/3/2021 14:06

That plastic barrier will be worth a fortune TPI as it both award winning and unique. No competitors in this transformational exciting business apparently


Must be a false claim from hxxps://arxmouldings.com/ that they have won awards and are the global market leader in anti 🏴‍a60;️ Barriers. 😏🤔

ABT buoy abandoned
Marginal fields abandoned
Garden hills abandoned
Barryroe abandoned
Gas to wire abandoned
Sketch and schooner abandoned
Brazil abandoned
Oil sector abandoned
Green energy abandoned
Bin bag recycling abandoned
2nd rate loss making business 🥳

Exciting times 🏴‍a60;️🤡👊✌A039;👌

[taxibabe] 13/3/2021 10:57

Correction make that all they will get is 350.000 in shares and that is not much at all unless the business makes a good profit

[taxibabe] 13/3/2021 10:55

"That could equate to 16.75 billion at 0.002"A big fat no to thatThe vendors of the business will get shares at the one year and two year strike price and not the price of the emergency gladhands price of 0002pFurther its all subject to the business meeting targets and not being given willy nilly.In fact, if the business does not make a good profit all they will get is 650k which jn the scheme of things is not much at all.

[helpfull] 13/3/2021 10:41

You're missing the point. Who will be the main beneficiaries from the deal?

The sellers of "GML" get £650,000. That could, at 0.02p, equate to 3,250,000,000 shares.

The sellers of "GBI" get £350,000 cash. Plus another £2 million in shares depending upon growth targets being met in the first two years (I wonder if shareholders will be told those growth targets?). The sellers of "GBI" will also receive a six per cent cash royalty on sales of the GUARDIAN product up to £1 million. That could equate to 16,750,000,000 shares at 0.02p.

C4 Energy hold £2.5 million of debt in Nuog. Shareholders were told in the annual report that the debt must be re-paid. In the recent RNS shareholders were informed C4 Energy have agreed a "material write down". A figure was not given but whatever it is it will be "material". £2,500,000 at 0.02p a share equates to 12,500,000,000 shares. Shareholders do not know how much C4 Energy paid to acquire that debt. It might have been "immaterial".

In total that amounts to a possible 32,500,000,000 new shares to add to the 4,452,947,839 in place at present. 36,952,947,839 or about 11 times the number of shares in place at suspension. And that is before "the Company intends to undertake a placing in order to provide the enlarged group with the necessary working capital for at least 12 months from Main Market Admission". More shares, many more shares. Those who held shares at suspension will be literally, decimated. Those that held debt will not.

[99887766] 13/3/2021 10:11

Good luck fantasy traders

Don’t let the fact that there will be billions and billions of shares issued get in the way 🏴‍a60;️🤡👊✌A039;👌

[taxibabe] 13/3/2021 10:11

It becomes a expensive lesson ala GME, as to why you dont short over sold stocks that may be suspended, or attract the reddit crowds. Unless one has deep pockets, or a rich backer, there is a fair chance you get wiped out.

[barts] 13/3/2021 09:46

IMO..there will be a mad panic to close said shorts creating a moon shoot in share price...GLAH

[1233668899] 13/3/2021 09:41

What happens if I have an open leverage position 'short' if after suspension the company I invested in reslists at aa far higher price?

[1233668899] 13/3/2021 09:12

Tv personality promoting the company.
International platform.
Business wanting to return multiples back to shareholders.
CEO with a massive interest and skin in game.
Looking at other areas to build the business.
Mad but...this is just the start, shareholders are and will be rewarded.
Good luck Taxi, think your on a winner.

[1233668899] 13/3/2021 09:07

0.005 yeah you wish.
Will open and rise at .1 plus.

[99887766] 13/3/2021 08:40

Hey numb nuts how many shares will be in issue?

Already 4.5 billion plus another 1 billion warrants. Then the placing to come for working capital plus £1m to be converted in 12 months and anther £1 million to be converted in 24 months then there is the debt to be converted and no doubt more warrants and free shares for the broker.

That’s more confetti that you can count.

Paid £4 million and if you assume that they can double that value it might get to 0.0005p (the last placing price).

Those who took the last rights issue will be diluted to oblivion so doesn’t matter if they hold or not.

Transformational. 🏴‍a60;️🤡👊✌A039;👌

[taxibabe] 13/3/2021 07:43

Well Marbur/766/IRISH the finance director's views about the implication of the deal should, in my view, be placed just a little above yours since he and others at Nuog arranged the deal. As for the rights issue at 0002p that was obviously only for the "the boys" to make a little extra, and was not offered to rank in file investors. The last rights issue that I remember was 0.033p which I took up or a 1/3 of a penny. No one will be interested in selling for less than double that which equates to 0.066 or X20. If they have to wait for a year or so they will and I personally believe it will hit 1p or more within 12 months on an adjusted basis. Those not in will be eating regreti spaghetti.

[99887766] 12/3/2021 17:16

Oops Dermot “moved on” apparently.

Means he was so useless that even the most useless Directors decided to sack him.

20 bagger says Dermot. Never been wrong that guy, provided you ignore all the false claims made over the past 3 years, but who is counting. 🏴‍a60;️🤡👊✌A039;👌

[taxibabe] 12/3/2021 15:10

How many NUOG did you have scratch card ex millionaire, 70 million lol

[average down mug] 12/3/2021 12:11

Taxi try antipsychotics! They will help your delusions of grandeur! Trust me 🚖🤤💊👌9313;