Nostra Terra to Double Monthly Profits to $200k #ntog

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Nostra Terra to Double Monthly Profits to $200k ➡️ Loan Renewal & Financial Stability: Nostra Terra secured a 3-year renewal of its $10 million credit facility, with $4 million currently drawn, reflecting lender confidence. The company aims to reduce debt as cash flow improves. ➡️ Production Growth Strategy: Ongoing workover programs are boosting output, with plans to hit 150-160 barrels per day. The Fauke-3 well, targeted for mid-2025, could double monthly profits to ~$200K. ➡️ Value Proposition & Investor Confidence: Despite strong cash flow and asset valuation (NPV of $10M), the market cap remains low. Major shareholder Premier Milton’s continued support highlights growth potential. 03/02/25 Recorded by Mark Fairbairn