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Hmmm hmmmm the dancing shoes are on and I believe TXP will turn me into John Travolta with all the good news to come!! The Mighty TXP!
50p by end of play?
Ha!! Corpse, if that happens then I shall be dancing in the rain!! Literally!! I can't see it getting there but ol please let me be wrong!!
Not enough time, tomorrow, perhaps.LOL
50p by end of play?
Still cheap!
Ps that 5472 unknown, is a buy. It’s mine...
Date 17/02/20
Time15:35
Stock Name TOUCHSTONE EXPLORATION INC COM NPV
Action Buy
Order Type Market
Symbol TXP
Quantity 5,472.00
Limit Price
Price £0.4425
Consideration £2,421.36
Commission £7.99
Stamp Duty £0.00
Trek
Tomorrow I see a break through beyond 50p!! If this gets to £1 or a buy out at some point, how will we all celebrate?
Dana, great call on the 50p before the day of February. My question is, want to revise that upwards?
I think we can be looking at a multiple of today's share prices levels even on just an additional (similar) successful result from Cascadura alone.
You only need to calculate the figures from existing production and COHO. Circa 15k boepd which fits nicely in with PBs projections on the top end of the "Best Estimates".
If the deeper horizon which was the original target and still to be drilled also was successful then all bets are off on where this can go.
This is even before Chinook and Royston come in to the picture.
Good news eh Photo TLP?
I already called £1 before the end of the year, but I am now revising that to before the end of June.
I got ****ged this morning on another chat Board for my bullshot over the weekend.
We can all thank Paul for an excellent presentation and confirmation that we could have an auction with BP Shell et al at any time, but not until we have proved how massive the finds and proposed drills have been done.
I did say that it was a case of Quod Erat Demonstrandum.
I rest my case.
Great minds think alike Dana !!
£1+
I must admit I needed to look up the Latin, Dana, Mrs Photo didn’t, brains and beauty that one. PB also said after the price dropped following Coho? that he is happy to let the numbers talk for themselves. The man is quality isn’t he. I hope I get the chance to meet him one day as he can only be a positive in a persons life.
£1 by June, I believe you. How cool will that be!!
Just logged on after a busy day at work and this so is just getting higher and higher. GLA to the other and clearly new holders today who will certainty double their investment from today's prices in June if the predictions play out
I really don't want a buy out to happen as we lose our shares yes? I want to keep TXP shares for a good few years and watch TXP grow, not wave them goodbye
Groover, one of the many good things about TXP is that 60% of the shares are in Private Investors' hands.
Whilst some may take a short term view, I think that most of us would like to see this keep going up, as a quoted share.
When a share like Dana got an offer that doubled people's cash, the Fund Managers, who were in control, took a short term view, and voted to sell out at double their money, as that helped their Fund to show good figures for the year.
Rest assured that any bid for TXP would have to be at a silly level with all the excellent news flow that we have got coming in the next few months.
If we were to hit a couple of dusters with Royston and Chinook, then the sentiment may change, but for the time being, we are on a roll.
Dana
Much appreciated and I guess we can only hope the 60% take the long term view and we watch TXP grow. If anyone wants profit then they should just sell up. TXP has to be one of the most well positioned oil companies out there now
I'm holding for as long as possible and if I had money not tied elsewhere and having thought over another investors comments I would add more now if I could. Didn't want to increase my avg basically at these prices having got in at 11p
I've been buying all the way up from 10.48p Groover. Last purchase was at 39p and now have an average of about 23p. I'm more than happy with that and certainly not selling any for some time yet whilst we watch the story unfold! Basically if you think a share is cheap and worth buying at whatever price it currently sits then your average buyin price is not worth stressing about imo. No advice intended just my tuppence worth.
I know spawny and no offense taken, just skint and can't justify selling other holdings I have my fingers in at present as either down but most have their own potential so I'll have to wait it out. :)
Did I hear this right?
ROYSTON HAD ALREADY BEEN DRILLED THEY FOUND GAS BUT DIDNT KNOW HOW TO TEST IT THEN!
IF WE HAVE 1TCF THEN ONE OF THE BIG BOYS MAY SAY THATS TOO MUCH FOR LITTLE TOUCHSTONE...!
More to come Stoners, I made 7 top up buys today all in Mrs Treks ISA giving her an average of 36p. Ride the winners!
Now googling wtf a tcf is lol!
Trek
I hardly ever too up ! Prefer to top slice and try for a free ride but before I get my head bitten off this share is different ! Every time I think I should slice I see the price as still underpinned and cheap ! same tomorrow ! I’d like a mini dip as those that don’t obsess see their gains and profit take but if it doesn’t come im adding anyway ! Up up and away I’ll stop when it’s not ( imho)underpinned and becoming a wildcat again sayyyyy £1:20 then I might slice a little Bol
JM totally agree, not top slicing this one at all. To much profits to lose in the long run. Just gonna put in the mother of all stop losses in due course
Plentiful market for our gas, even with China Cv19 resulting in prices at lows. We have local market currently filled from US...
“The meeting primarily focused on the impact of the US becoming a major gas exporter and the structural changes to the industry as a result. DAS Bennet emphasized that the US Administration was interested in collaborating with T&T even as the private sectors in both countries compete in the market.“
http://www.looptt.com/content/us-seeks-further-collaboration-tt-it-becomes-gas-exporter#
Worth a read, Manatee on hold but note the major players and that it’s mostly off shore and deep. Also more bidding for offshore licences, what’s cheaper, eh. Gotta keep looking look over our shoulders!
http://www.looptt.com/content/dragon-deal-still#
Trek