Member Info for 1750mk1

75k delayed trade ... buy from this morning imo, explains the early move on smaller trades.

I still like that Paul Baay referred to the first 2 drills as development drills ... not exploration. Subtle, but very telling in the absence of rampy PR.

Just a reminder for anyone who missed it...

https://seekingalpha.com/article/4256785-touchstone-exploration-onshore-trinidad-oil-producer-imminent-3-well-drilling-program

"Summary:

Current oil onshore production assets (Trinidad) easily justify existing market valuation.

Imminent 3-well onshore exploration campaign, twinned with previously drilled successful hydrocarbon finds, could provide multiple times upside for the share price.

Onshore low drilling costs, access to cheap existing production infrastructure and spare capacity means any discovery can come to production in months and at very low comparative cost."

"Btw we had 40 new members join our Facebook page over the weekend now at 238 members, so interest is building up their as well"

Have none of them ever heard of twitter apart from Jesper ? ;)

smacks of order filling ... again.

there is nothing rampy about it... it is what it is and none of it is jam tomorrow pie in the sky. I fully expect TXP to be flirting with a 100m mcap within 12 months and the reasoning and figures are plain to see.

yes, it would be good to see PB upping the excitement factor in his Operational Update wording (tomorrow) and also the presentation on weds.... it's certainly not his style but he of late he does appear to have been increasingly unable to contain his excitement and there is nothing wrong with letting it go a bit on the PR front ... especially now we are just a few weeks away from 1st spud.

... if we were playing darts we'd be stood in front of the board sticking the darts in.

... and that Shell might eventually have to increase capacity to deal with our gas :)

then factor in that it's not just these drills... success at these 95%ers is proof of concept and opens up 30-60 new targets to go at on the Ortoire block.

That's on top of the existing 200 development wells we already have lined up on the existing 'steady growth' program.

... and the drills are fully funded and not priced in.

Ist 2x 95% COS drills are in (start of) June and Aug and each one could easily double current production.

Only takes some research to see what is on offfer here and understand that TXP is one of those rare finds on the AIm market ... a genuine firm that is well run, transparent, producing, earning and growing steadily ... undervalued and now offering the kind of significant multibag short term upside that speculators get excited about ... except its funded, low risk and underpinned with existing production.

Almost makes it boring ... but its not.

All the right ingredients are there for this to be one of those shares you look back on and either feel warm and fuzzy that you held at least some, or really regret selling out too early ... blue sky potential and just the start.

Bull Bets Rise
Open interest on Brent $90, $100 and $110 calls has been climbing higher...

Whether it’s the U.S. sending military warnings to Iran or tensions in Venezuela, some oil traders have started to gear up for a possible price surge as political risks escalate.

Trading in relatively cheap option contracts that would profit from crude soaring to as much as $110 a barrel has taken off in the past two weeks.

In total, the equivalent of more than 45 million barrels of $90, $100 and $110 calls, have traded in the last 9 sessions.

Those trades come against the backdrop of disruptions to supply in major oil producing nations. U.S. sanctions have forced output in both Iran and Venezuela sharply lower, while America has also dispatched an aircraft carrier to the Middle East in a warning to its Persian Gulf nemesis. With turmoil in other OPEC nations, some are looking at political risks as a source of potential value.

Bull Bets Rise
Open interest on Brent $90, $100 and $110 calls has been climbing higher

https://www.bloomberg.com/news/articles/2019-05-10/oil-options-traders-eye-price-spike-as-political-risks-swirl

Bull Bets Rise
Open interest on Brent $90, $100 and $110 calls has been climbing higher...

Whether it’s the U.S. sending military warnings to Iran or tensions in Venezuela, some oil traders have started to gear up for a possible price surge as political risks escalate.

Trading in relatively cheap option contracts that would profit from crude soaring to as much as $110 a barrel has taken off in the past two weeks.

In total, the equivalent of more than 45 million barrels of $90, $100 and $110 calls, have traded in the last 9 sessions.

Those trades come against the backdrop of disruptions to supply in major oil producing nations. U.S. sanctions have forced output in both Iran and Venezuela sharply lower, while America has also dispatched an aircraft carrier to the Middle East in a warning to its Persian Gulf nemesis. With turmoil in other OPEC nations, some are looking at political risks as a source of potential value.

Bull Bets Rise
Open interest on Brent $90, $100 and $110 calls has been climbing higher

https://www.bloomberg.com/news/articles/2019-05-10/oil-options-traders-eye-price-spike-as-political-risks-swirl

ah :)

mas claro.

after Q1 ? ... are you in a different time zone ?

... than earth :)

real bid remains up near ask... don't get mugged folks.

That's one gap filled... next one at 2.38.

With very significant news to digest along the way... and investor presentation Monday.

More news before ? ... quite possible. Gerard playing very well, great job (clapping hands emoji)

... apart from calling Maxi Jazz, Maxi Priest :)

stallar RNS

but.... "Maxi Priest - Faithless" ... oh dear, fail ;)

https://twitter.com/gjbrandon/status/1126415721938997248