Market's view on Nostra Terra
Published on April 2024
- Speculation around potential surge in company value if funding for drilling on newly acquired acreage is secured.
- Queries about the cost of drilling wells on the specified acreage.
- Observations on recent significant share purchases that remain unsold.
- Interest expressed in stakeholders who have recently acquired shares.
- Notable share placements with two entities acquiring major equity stakes.
- Criticisms of company leadership, labeling the CEO as a poor businessman and potentially misleading.
- News about a significant 10% stake acquisition by Dos Hermanos International, LLC.
- Financial struggles highlighted with a cash outflow of $491,000 over the last 12 months and concerns over the company’s ability to cover operational and debt costs.
- Discussion of a recent fundraising initiative involving the issue of equity at a discounted rate, raising concerns about the company’s financial stability and management integrity.
- Doubts expressed about the company’s future viability and management’s ability to maintain investor confidence.