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The potential resources at the whole of the Ortoire exploration block had been valued at 9p a share, two-thirds of the current share price, and that estimate is likely to be increased. The rest of Touchstone is valued at 26p a share.
19 OCT 2017
TXP
Touchstone Exploration (TXP) is a company we’ve covered regularly on ValueTheMarkets.com, since it came to AIM in June. The oil & gas production company, with operations in Trinidad and Tobago, has rallied strongly in recent weeks. However, its share price still trades at a decent discount relative to its direct peers on AIM. In the video below Touchstone’s CEO, Paul Baay, gives a compelling presentation about the company’s prospects and fields an extensive range of questions from shareholders. Everything is covered, from Touchstone’s operational progress and development plans, to the company’s goal of one day becoming a regular dividend payer.
Clearly Ortoire is a World class Asset, This will go Mental when the Market Realisation sets in.
Co-ho 1 is the Smallest Target an already proved to be Commercial this will Double our production with No SPT.
Leading the way for Multiple Pools.
Sit back an enjoy the Ride Peeps.