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AIM listing would be nice and cetainly a big change (even if we dont know what this will mean for US pink sheet nwog sh-holders -but no way to make this happen in the timeframe till end of the year.
If the SNGF deal goes through - will the PPS realy move big up?
The company is still confirming the share buy back program will last till end of this year - so why to pay higher prices.
If Malyshev is right with his share price prediction of 0.30
by september - 1.oo by end of the year - well then we should see some big share buy back activity of the company now!
IMO, Eik one more time he is right - without starting reporting
again - this stock will not realy make big moves - too much "old stories" still in the head of investors - and the best way is to start from 0 again - new name - ticker change.
Todays PR should create some market activity.
Mr. Malyshev must be a freakin genius .... or his bankers know more then we do - otherwise to apply for a credit-line for 40 mill. with a company at current 35 mill. PPS - is quite a job.
BTW my understanding is nwog privat gets his income from the oil fields management (which belong to nwog public) at 59% owner-ship - + some other business of nwog privat (Danziger i.e.)
At current PPS difficult to understand where they get the money for Al-Wasett newspaper deal + planed cement factory deal etc.
just speculation ....
maybe the 100 mill. new added restricted shares was the deal price - from nwog for ....farking and friends - to get out of the existing/not existing ndol license problem?
Thanks for the compliment Eik - i would say we try to do it this way - doesnt work so every day.
May I should give Maly a phone call on wednesday after his holidays to move this thing now forward - like the idea going to italy now for a few days - wheather is just beautifull in this days here.
BTW in moscow these days the temperature is over 30 C hot - no way to drink more than one/two Danzinger`s.
Eik, I certainly agree with you - thats why IMO nwog prices up
to 0.20 cts. are a "given" price at these days.
"snail mail" takes a bit longer.
It seems confirmed that Maria is not working for the company anymore - so who is the new president of nwog inc. florida?
to me this still got to be confirmed (according to my info`s she has left the company) - but does it really matter if jane or maria? - imo we just have to know who is responsible for us and who is the CEO of NWOG Inc./USA.
Also like to know who is the new CEO of NWOG Inc. if it will be confirmed that Maria has left the company.
Look what happenend at another board where somebody did report from his visit to another russian company and you know why I haven`t posted anything.
I just have anwered a question - (if they have an office) - and the answer is yes.
BTW you can ask Mr. Malyshev on the next CC if an foreign investor was in their office on the 14th. of december - and he may will tell you yes/no.
wishmd, yes i did on the 14th december just a few hours before the CC. As per regard of the questions/answers of the CC callers distributed on ihub board - vs. my questions/answers -
I found back home on Ihub board - where answered 100% exactly -to me from Mr. Malyshev.
Anybody going to Russia anytime soon to check out the office first person. Now that would inspire some confidence!!
cuajwl,
easy job - to give you this confidence - was personaly there last december and meet with Mr. Malyshev/Mrs. Romanova in their moscow office.
On the next PR I like to see - facts (signed contracts)
no further MOU`s - LOI`s - CA`s etc.
yes this would help a lot - combined with starting reporting again.
eik, you are absolutely right - even its still unknown at the moment who make more profit of nwog inc. oil production -
public or private nwog, and what a rusian state owned large oil company does with US pink sheet company.
Its clear that with an actual market cap of apprx. 20 mio. - nwog public + xxx mio. nwog private - cannot carry out any one of the different open ME deals if finally approved towards nwog - without having an strong and financial solid partner.
Regarding the mentioned "Saratov merger talks" - what would be the benefit for a large state owned oil company - to do this with nwog public?
To me either Gazprom or Tatneft would be excellent partners for NWOG - but this don`t change the fact of beeing an actually traded 0.04 cent/sh. company - and I don`t see why "friends" should offer premium conditions - till NWOG cannot come up with final sealed deals - as for exampel the Syria deal.
in regard of beeing "Tatneft" - there is only one problem it is a Tatarstan state majority owned company (already discussed with eik in several posts before) - on the other hands they have excellent connections to Syria/Lybia/Jordan.
see latest PR from Tatneft (tatneft website)
04.04.2007
New Projects of OAO TATNEFT in Libya
Three Exploration and Production Sharing Agreements for three large blocks with a total area of more than 16 thousand square km were signed in Tripoli between Tatneft and the National Oil Corporation of Libya on March 29, 2007. OAO TATNEFT received a license for their exploration and development as a result of an open international tender held in December of the last year with 46 oil companies from different countries of the world participating.
2. Those 25 mln shares could be restricted and might go to current NWOG insiders w/o increasing the float.
How can they be first sold to the market and then get "restricted" .. pls. explain.
eik/ Latest TA data (as of today) for OS: 644,400,388 shares.
As per Malyshevs figure from jan. 16th. (end of 2006 0/S = 619 mio. shs.) = this would mean an increase of apprx. 25 mio. shs. = so the free float should be now apprx. 181 mio. shs. (27%).
without any buy-back shs. nwog (private) holds today apprx. 54 %
- so the majority is getting closer - time to act for nwog (private) - before some more ex bio tracking insider shares coming to market - or going we to see a new parkin story.
BTW: any news on the "huge" ex ndol russian oil licenses - or
have the gone lost completely in the endless russian taiga.
tick-tack ...... shorts ..... its time to get scared
why they are waiting for .....confirmation of the State reserves commission under the RF ministry of natural resources......
- for add. financing request required
- placement of the 300 mio. sh. package
- buyout scenario
another step made ........ go NWOG
eik - I will - but this depends if MM500 confirms that he has bought 250000 on 16th. If so - than there is a trading problem
to be questioned - becourse then the no. of buys (only counting MM500 if so + mine)will clearly exceed the total reported traded volume of 484000 shs. for the 16th.
when you bought 250000 shs. on the 16th. or the 17th.
Got the same information from the last CC - but this would mean
the ex ndol insiders are actually owning apprx. 90 mio. shs.
I agree with you - with all this MOU`s out there - there should be already at least one refinery already in place - but to do so - there is a lot of money funding needed -and in this regard Kuwait`s Al-Noor investment group has an advantage - vs. an goverment depth restructering plan - or maybye not - future will show.
This would mean there are still apprx. 90 mio. original ndol shs.
Does this mean we have the 616 mio. now all nwog shares + the ex Bio tracking insider 100 mio + shares.
Have given up to make more DD regarding the syrian refinery project - Deir Ez Zour.
The deeper you search - so more refinery project study info announcements you will find (found already 4 different ones - in the Deir Ez Zour area). There have been plenty of LOI`s and MOU`s announcments PR`ed between different parties.
Look at www.syroil.com/news and you will find the latest infos.
(seems Kuwait`s Al-noor investment group is momentanly leading - no idea if nwog is inside this consortium or not).
thanks repo - so apprx. 130.000 sells and 360.000 buys - in the range of 0.002-3 cent move range .... strange
I have the same general understanding, but something is not clear at all.
At merger time - there was a free float of only 6 % (apprx.
36-38 mio. shs.) - and 94 % therefore have to be considered as restricted. Mr. Malyshev mentioned in December 06 that the free float is now 156 mio. shs. - so where are the 120 mio. more free float shs. coming from:
1. all air shares - impossible
2. some of the ex-ndol shs. have become unrestricted
in the meantime (after reporting has stopped in
september) - or they where not restricted at merger time.
3. Dilution - some of the already agreed additional
300 mio. placement shs. have been put into the market.
4. .......
484.000 shs. traded yesterday?
Does anybody pls. have the level 2 buys + sell volumes in total
for me, as I like to check something ....
so time to load up the truck ..... before the ex ndol insider sh/holder get prbly. their shs. un-restricted by mid may!
How big is the OS in reality?
monthly traded volumes
ndol nwog
aug. 2006 8 mio dec. 2006 81 mio.
sept. 16 jan. 2007 38
oct. 27 febr. 67
nov. 27 march 44
Interesting SBSH (Citigroup global market) moved from aug. 2006
(rank 17) to march 2007 (rank no. 2) of traded volumes.
Ok why not lets try .....
IMO mutual trust grows only when both´s sides deliver.....
Holding 160 mio. shs. free float IMO is already a lot of trust from the minority shareholders.
I agree ..... so let`s give them the change to make a re-start with cleaned papers....and without ndol licences which are completely unclear....
There are not many CEO's of pink sheet companies that can claim they earned $5.5 million on sales of $45 million.
If you look to the 8K of 2006-05-06 you will find ....
the Balance Sheet as of 31 March 2006;
4.7.2 The Financial Statements referred to above, in par. 4.7.1.1 and
4.7.1.2 shall be audited by RSM Top-Audit, being duly registered and in good standing with the securities and exchange commissions and certified by the Public Company Accounting Oversight Board.
...shall be audited by RSM ...... I dont find any information
that the balance sheet of 31 march 2006 was ever audited.