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Thanks PB I always knew you Love Us .....
Locked n Loaded
Very odd the price is still here. I am in I3 as well and both similarly undervalued and a similar story with lack of good PR.
I suspect many will be kicking themselves next week from selling this week as the discount we have now will disappear. GLA.
And you can buy 4p cheaper than it was then. Amazing. Suspect a rush on Monday.
I cant disagree that it was the Market that took the SP to 175 but not all on speculation.
With respect aligator It wouldn't be a bad idea for peeps who are jittery to read one of the best posts I've seen on this board in my opinion.
Posted on the 5/3/2024 at 8.18 a.m .
Tidds summary was spot on .
Have a good weekend be nice for a Notification some time next week
Ss, I would suggest it was the market that took the sp to 175p based on the ludicrous procrastinations by PB. Yes, lots of people made lots of early money but the last 5 years have frankly been a disaster, although I fully acknowledge that we appear (nothing ever taken for granted) to be on the cusp of something special.
My intentention is to highlight some of the pathetic speculations or worrys on a blogging board.
You mention the last 5 years how much we have fallen I'm sorry for you losses an patience, however you've failed to mention that PB also took this shareprice from 8p to 175 ...
Royston was the major blow to TXP. its behind us now
I believe were going to surpass all expectations over the coming months.
Ss, Not sure I understand the intent of your post but do agree with the last 3 comments, although just remember that this is a share price that has fallen from 175p to 90p to 88p to 65p to 49p in 5 years.... For that reason, I can understand the frustrations of long term shareholders (including me) but the relative delight of short termers who have been able to accumulate at sub 50p for some considerable time.
That said, let's be specific. Whomever is responsible for TXP's media and public relations should have been fired long ago along with its broker. The lack of a cohesive information publication strategy has been simply woeful for years which has established significant jitters among investors including, importantly, the big guys.
My take on PB is that he is legend in his own mind but surrounded by yes men (and women of course...), creating a parallel to Hans Christian Anderson's naked king.
These blogging boards never cease to anaze me
SO
Some peeps don't like Friday notifications
Some prefere PB to tell the market workings an numbers before its happened
Some think we're having a Delay
Some think coz we have inpatient lemmings there is bad news to come .
An Some think PB don't care about Us Ahhhh !!! How sweet lol .
Where in theory we've had a great start to 2024 .
Yet We're a few clicks up from our year Low
Come on TXP next week Notification is my estimation let's blow the 50s into the Past..
Corpse: my sentiments exactly…..lol
Thought oh no Friday RNs, phew, only share options.
Happy for delay of notification as it will get into new ISA year for fresh funds, yay!
I’ve heard they are sidetracking Cas3. Same as they did at Cas2 and originally at Cas1.
I’ve no idea on timescale for this. Maybe another week?? But don’t take that as gospel.
Cass one 1 an Cass 2 were drilled with out Delays
The Martket has not been notified either way, so it would be pure speculation .
Equally important is the stabalised Perfs over at Deep with a larger Choke fitted.
Personally I believe were be Notified on both fronts once we hit depth at Cass 3 which will anytime from Now .
Hi, do we think the drill is on target?
Thanks
Meant buying here -- BAD eyes
FREE MONEY BUYONG NOW and holding for a year possible double your money gains .AS 2025 SHOULD SEE PROFIT NOT A 20 MILLION LOSS . Happy to park up here very soon
Scott thank you for taking the time to quote me so kind
I stand corrected "up to 40 boe/day"
I did mention Royston but I didn't feel the need to regurgitate an elaborate so eloquently as you .
Putting inplace all the nfrastructure certainly has had an effect on the SP as PB " all the boring stuff.puttimg in pipelines etc Short Term Pain for Long Term Gain^
Your added points are noted an worth pointing out however the fact is all the boring an bad stuff is why were just above our year low .
yet none of all the hard work achieved by the TXP team over this last year giving us a clear.pathway to ramp up production with funding in place has been priced in
We're massively undervalued an I believe this is about to change, as per next operational update.
Supersport: Royston / coupled with the puting in place all the infrastructure to take up to 40 bcf( I wonder why) is the reason the SP is where it is not anything else.
I think you meant putting all the infrastructure in to take production up to 40 boe/day. The reason for that is that the Cascadura Field will in the end prove be a 1 TCF field and will produce at 200 mmcf/day for the next 20 plus years. That does take some infrastructure. Building that infrastructue is not the reason for the low share price. The slower than expected ramp in production is partly responsible. There are also other reasons including failure to deliver production from Royston. lower than expected production from Coho, the long pause in drilling which has ended, the total mess getting the Rio asset swap finalized and the on shore bid round Cipero and Charuma block awards finalized.
I had the same thought today...down 5c in Toronto...and we are waiting for a RNS which they often release on Thursday's.
Somebody just sold @0.84 CAD. Makes you wonder if the last moron is born yet - or if we have "funny" news tomorrow.
I'm not sure it needs to take so much time to do perforations and get results with a new choke.
Wcgw, From the historic highs of ca 175p (based on pure speculation), the sp dropped to 90p in 2021, 88p in 2022, 66p last year and now languishes around 50p. When you consider that the last 12 months have seen first gas from Cascadura, the drilling of additional production wells in that discovery and, inter alia, the renewal of an increased term loan, providing the company with funding for the next 12 months and beyond, it is somewhat mystifying as to why the sp/market cap is so low, albeit the the lack of major investment houses is contributing to this situation.
A year ago we were 66 and now 50ish! Difference now is more certainty and revenues up >33% Q4.
Stay strong all! Good news imminent
Regards to all I welcome all points ,I'm very strong here .
Gl all
Ss, I would argue that 3-4 years waiting is one definition of patience but acknowledge that we are in abetter place now than ever before.
This wall of cash statement has been banded about like a sex workers kmickers .
PB was over buoyant for sure Now he appears very reluctant to estimate the size of Cass 2. yet still finds himself criticised 😔
Royston / coupled with the puting in place all the infrastructure to take up to 40 bcf( I wonder why) is the reason the SP is where it is not anything else.
Herd is elsewhere while we're simply ramping up production.
So many peeps get inpatient before news an move to pastures new only to miss out .
PB said himself he does.not want mislead the market
Surely no one really seriously believes the reason we've not been informed , is because the drill bit broke at Cass 3 .
& The larger s Choke over at Deep wasn't actually needed .
Cusp of re rate coming ....