Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just shows their true intent was pumping because as soon as the rally slows they all fk off and pump another board
Bunch of w⚓️S
They gonna need a few more unsuspecting mug punters, one isnt enough. Wonder where the pump n dump crew went. Chief pumper underwater on other board, hes gonna need a miracle to get that pumping.
I’ve listened to 15 years worth of bull crap interviews by Matt lofk u n t, all sounded convincing and here we are still only producing circa 100 bopd in 15 years
Let see the new regime put words into practise and get on with it
Link won't post but its over on stockbox, good interview I thought
[LINK REMOVED]
Looking like a possible turn around story developing here, out with the old under performer ML and a new focused BOD. Saw another interview today: [LINK REMOVED]
Noticed that too. Sounds like a solid plan to concentrate efforts on the East site. With such small cap this will rocket on glimmer of good news. Let's see what the next few weeks bring.
Do some research
Read the RNSs
Look at the company history, Track record, success stories
Then decide if you want to invest 🤣
Nice uptick this morning- anyone know whats going on?
Another fall.
Went through on the 31st of May? Buy or sell? @ 0.11.
So matt finally milked all he could. Only took 15 years. Why people invest in his lifestyle company is beyond me
Rather than drill looks like cut costs and slowly pay down debt. With the current wells that’s not going to be much. At best it’s going to be boring for a while, worst it’s a big discounted placing.
Lofgran had maxed out every bit of debt available and was forced out by the looks of it. The new guy is from the old guard so expecting much the same unfortunately.
Oh dear oh dear
ML jumps ship leaves pile a debt mountain. Every barrel of oil
We sell we get into debt with such a facility. New Broom needs to get rid of PB and associated royalties to mah and Pah.
Wouldn’t it be nice to raise say £1.5m via placing to help us through this year.
Yes frustrating but assume it will all come in the final report
I thought by now, the new CEO would have communicated his future plans for the company going forward. But as usual here...... silence 🤔
The last week before the results with an update on strategy and cash.
Undrilled fault blocks, like Fouke, can now be identified, profitably developed and put into production in short timeframes, given their locations in and around these mature assets”, Lofgran added. “The area's future potential may exceed its past performance based on the work done to date”.
That’s a big statement considering the Fouke 2 well reached payback less than three months after the start of production. If future results exceed that then it’s basically free money.
Final results next week or week after. Should be the first time NTOG has generated material cash.
R.I.P S TiT...has a nice ring about it
🚀🚀🚀Not long now
Bridge,
Agreed.
Well I can’t see the future, yes another10% drop wiped out all the recent rise, just 2 trades. Will have to wait on news.