George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just the impairment john and loss per share up . slight drift but from now . However i see it will hopefully move up .AS hopefully we can move up will add my 25 percent on a drift . Have a nice day all
I think he refers to increase in impairments. Which we knew anyway.
This has been short on finance and long on ops. The finance is now sorted and we at last have an ops story.
Whilst production will be end of q3 there’s a heck of a lot of ops news due with testing two wells and imo the market has priced them as exploration and not production wells which are much lower risk.
Could see a steady climb from here now and a big jump ahead of Christmas.
Usual caveats
Trek
Can you please expand on what you mean scoredagain?
BIG impairment i knew the book was off glad i did what i did ... alligator ith will pay 13p divi in april
RNS out
Sturm, agreed to the involved such as as the FY23 is known, I suppose my thought is when people look at numbers right now they see FY23Q3 numbers and without our knowledge there was only full production in the last month of that Qtr they will likely think, sure Q3 was a jump up but likely Q4 will be similar if a little higher but we know Q4 will likely be approaching triple Q3's numbers. So I am just thinking it will strongly positively effect people looking at the companies outlook for FY24 having the first real numbers for the new situation in Q4 in the public domain, may be wrong but this is just my thoughts...
@Ayecuramba - I guess most of 2023 information is known. They don't pre-announce (not even the date, I think), but they are required to deliver the Annual Information Form in March; they've stated "on or before March 30" but it's easter next week and this Friday lines up with last years date. But let's see.
I guess people are more interested in a 2024 update (progress so far, perforation results, change in choke, workovers + guidance adjustment, capex confirmation and drilling schedule) than in the actual 2023 numbers :D
As long as we're making much more money in Q4 than Q3 I'm not unhappy ;)
Sturm, some companies pre-announce earnings dates a week or 2 in advance, is this something TXP typically do or does it just come out?
*Released Friday 24th of March in 2023... sigh.
They released Friday 24th of March in 2022 and they (should) want to release before easter this year. So annual report Friday is highly likely. They didn't already release a date?
More important than the numbers might be any (big) adjustment to the 2024 preliminary Capex/production guidance ("For 2024, Touchstone's Board of Directors has approved an initial capital budget of $33 million to drill, complete and tie-in six wells, resulting in estimated annualized average daily production between 9,100 boe/d and 9,700 boe/d with a forecasted production mix of 82 percent natural gas and 18 percent crude oil and liquids.")
Don't forget potential for results for Q4 and Full Year FY23 are incoming maybe as early as this Friday 22nd, this will be the first full Qtr of the new production rate from Touchstone, should make those not aware sit up and think this has huge potential (tho still not a 'wall of cash' :-)
The next Re rate is soon to be realised .
Cas 3 results to kick in, Proving up the whole average .
We've all ready hit thick gas charge sands on our far Eastern boundary Cas 2 , with Stabalised Larger Choke results to be released any time now .
Drill to Fill between Cas 1 an 2 ..
Institunal investors will be taking Notice for sure ..
Market haven't moved yet but it will...
Me too, the early 4300 buy was me. I was in Calgary last week, there were good vibes on the street there.
Another small topup this morning. I will continue to accumulate as funds allow while the price stays low. It's like the market has completely missed / forgotten the Cas 2 result:
Drilling of the well was suspended prior to the planned total depth of 8,300 feet to preserve the substantial pay section observed in the well after high pressure gas zones were encountered.
· Cascadura-2 openhole logs and drilling data indicated a total sand thickness of approximately 525 feet in the targeted Herrera formation.
Certainly rings a bell R8, like a blast from the past!
Where does the time go at all, hope all is well with you and family? Good to see a familiar “name” after all the years!
You’re right. I may have overreacted. Yet, kinda worrisome how fast the sp can sink isn’t? GLA anyway.
2% down now Janedoe, wouldnt say a source is incorrect because someone sold a small amount at a lower price haha
I find it astonishing that a 28k sell in Canada coupled with the Herd mentally here can wipe 10s of thounds of a S/P
On an Canada is recovering .
Peeps will be back hopefully before News ...
AudiR8 may ring a bell ... 6 years ago forgot login an moved to Spain ..
Agree with your post mate completely
Cusp of the re rate .....
Not having any of my shares to much solid News due
1 ****** sold up to 28k @ 0.82 cad; probably got played by a ruthless mm or bank.
7,5% down in Canada. I think your source was not right.
@Trademeup-NGC not involved with Cas 2 / hopefully Cas 3 hookup - it’s all down to TXP to pull it off
Word is that Cas 3 is going well 🙂
GLA