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Supersport, Agree. However, it is the lack of interest from the IIs and MMs as well as short term players which is why the shares are so thinly traded and why the sp is where it is. The challenge is many fold. Historical promises of giant reservoirs and walls of cash which never materialised, the desire by some brokers to value the company based on return on capital and other relatively inappropriate measures and the perceived lack of a concerted campaign by the company to get this daily improving story in front of some of the big investment funds and institutions.
As a long tern holder, I have found this to be one of the most frustrating companies I have invested into and I beginning to form the view that the board, while technically sound, does not possess the financial/commercial nouse to sell the company to the market. When you consider where this sp has been - 175p - it is quite laughable to consider that it now trades at over 70% less notwithstanding achievements over the past 12-18 months and the potential of what lies in the future. There are broker targets of 90-100p and I have written to Malcy twice for an explanation as to why he has a target of 200p, but got no response. Probably because, like us, he is puzzled by what has occurred over this period.
@51 WELL i added this week thought buys were looking up . Looking to get over 70p in next 1/2 months if all is good .OFF TOPIC ITHACA ENERGY is good
Peeps will retun in the next few weeks or sooner,
Kicking us North
epesially when they learn how undervalued we are with the results to show.
Pipelines an facilties in place , funding secured ,
Currently only LTH know ....
Eyes of March here.
Always watching Wooster....always watching.
Any new whispers from Domus 1?
Step change coming For Txp .
Thick Gas charged sands.found on the delineation well .
Stabalised over a Month ago Choke up grade coming any tine ......
Hahaha Boo !!!
Bring it on TXP ...
Next week should see announcement of results for FY23 and also Q4 numbers, if we are lucky FY24 Guidance may also be refreshed. Boo to u too CW :-)
Made me JUMP lol
Just seeing if anyone else is here?
Ramping up production 76p very doable by Month end ....
Rapping up production , fully funded additional perfs very exciting times for Txp
all to come this Month.
Will not be at these prices when News drops ...
Canada having a upper .
Prefere the gentle push upwards, rather than any spike , dropping the inpatient for a firmer base upon News ...
London bid ticked up already this morning, be nice to have a push up before the weekend :)
Morning peeps
Canada tested 92 cents yesterday , aligning with London's squeeze upwards on our eagerly Akticipated production results, an fully funded drilling programme.
Hey SuperS Canada
Looks to have a upper, correction scupper.
Last 2 Black trades were definitely sells
MMs snapped them up
Flushing them out Paves the way for a stronger base
Someone steadily and quietly picking up £10k chunks trying not to move the needle
Some Excellent buying pressure Today think we're see many days like this over the coming weeks
London ticked up as well
Canada looking better today, $0.90 ask $0.92 👍
Wouldn't be surprised to see TXP in the 60s leading up to the next update.
So much to come an continuous....
Looking good 👍
Just added more, nice gradual rise would be good to see now until news arrives, then woshhhhhh 👍