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What is so great is positive progress.
Many of us have been here a while and know the aces we hold albeit with difficult drills
However the difficulty has been progress with the speed Trinidad works giving licenses along with Covid, it has been a crawl.
This year things seem to be picking up speed and the management stepping up.
Side track maybe costs more but high gas pressure more than pays for it.
Jlite I am with you on the TXP Strong buy opinion this morning and on CAPD as well. However I think you are focused a little too much on a placing, if it does happen it will only be for the good of the company but there are other options.
The mighty Kraken sits directly below Royston and you know what was at the bottom of the Royston drill, our chances have improved hugely. Success there would have a huge impact on the sp but there is a lot more come before that.
Coho to the market? the pipes are not even in yet. There is no material news yet, it is all a known, you will get an RNS update tomorrow.
I like the new approach, it keeps us regularly informed without racing ahead and of course any news needing an RNS will get one.
The destination is the important thing to us all and that will come but patience will be needed.
Thanks
Linton almost 300% up from a year ago not bad, people have agendas good and bad as always do you own research. Just need to get back on track and regain credibility, every company has blips it is how the respond and gain knowledge from drills over the next six months that matter here along with getting Coho up and earning.
Beckham, the steal was in the 15p -20p range which many of us hold from. It is just news to bring in new holders and move on that is needed. The fact many of us hold and have added on the way up shows how highly we rate this company and its management. I am personally more interested in the price in 18 months time than day to day at present, when it will be significantly higher.
Of course there is not set premium you are stating the obvious there Dohnuts but it is a pretty good guide for a healthy company. For the sp to be at 125p and say we are worth £5 £10 is not plausible. Hopefully in time and if things go right and no cheeky take out occurs we may achieve those prices.
The deal will be done before Pi's have any say, we can dream about £10 a share. If you are buying a business you pay as little as possible or you wouldn't be in business for long. Whatever the sp at the time it is normally a 40% premium on takeovers. So we need some strength in the share price for protection. Rockrose holders were not particularly happy with the take out price but had no option it was signed and sealed at from memory around not much more than cash value £18 ish when Pi's were wanting £40.
Tobin, it has exceed expectations here and still more to give. I am virtually all in here, not good I know but it has worked. Take a look at JSE, I know there are a few Touchstone folk invested there at present, I do not hold but do intend to get involved.