Fastnet (FAST) has been a company that's had its ups and downs. When things within the oil & gas sector just started to look terribly bleak earlier in the year, the company announced it would look to divest its resource assets to retain cash and move in a completely different direction - cue the birth of Fastnet Equity.
88 Energy (88E) was spawned from Tangiers Petroleum. As with many remakes they are often arguably never as good the second time around however 88 Energy appears to present some classic market mechanic traits of a firm about to do exceptionally well.
Back in 2013 I caught up with Matt Lofgran CEO of Nostra Terra Oil & Gas (NTOG), Today I caught up with Matt again to offer up some explanation to Ntog's revitalised price action since its recently announced credit facility with Texas capital bank.
Where is the value in the market? How about a company trading at a discount to net cash let alone Net Asset Value.
