Member Info for aligator

Hardo, How about a response to my question?

Hardo, Then please explain to me why, based on these "achievements", the sp is where it is today, having dropped steadily by over 90% since early 2021?

I would also ask the question whether drawdown of the renegotiated loan is subject to 100% of the placement proceeds being in TXP's possession?

John2727, It is very beneficial to have the thoughts of those who have physically visited the sites. However, as I believe Rossannan implies, and given historical performance, it is difficult to comprehend the geology as near certain. Yes, TXP can have a fully developed site, all the best equipment and all the most relevant geological data, but, until it produces anything of value with the drill bit, the sp will continue to sit where it is now.

Of course, the company's fortunes are not helped by the farcical events of the placing (and I am still not convinced the remaining $10m plus will arrive anytime soon) and the market is simply reflecting its concerns within the company's marketcap.

This company has a track record of snatching defeat from the jaws of victory. Why wasn’t this made known to shareholders when the placement was announced? It is clearly a material issue but was concealed by the company.

Yet nor subterfuge from PB and his cronies. Not surprised the sp has dipped.

I’m happy with that, just bored rigid with your moronic comments.

Johnoxxx, Have you ever been able to just shut up for a few hours or even days?

Ss, I am not really convinced about that. The market is global and there are literally thousands, if not tens of thousands, of analysts who pore over company data and events in order to be able to value that institution. In addition, one has to believe that the market has already priced in the new loan which funded the CB acquisition. Nonetheless, I would be delighted to be proved wrong.

So the guardians of the galaxy have risen again to prefect and protect these boards from real questions and comments from those of us who believe that facing reality is the right way to go. Johnoxxx and Sturm, you really do need to a f*cking life

Delighted to see the sp performance over the past 3 days but it does appear to be levelling out at the private placing price of 20.50p (coincidental or not?). Lack of volume is not going to help so, yet again, we are back to awaiting results from the drill bit, which are weeks away. Or is there something going on in the background, as yet unknown to us unsuspecting shareholders. Personally, I do not trust PB or his BoD one iota.

Good luck to you sirmark. There are a lot of shareholders not so fortunate in terms of the average price of their holdings and I suspect some may follow supersport's decision to cut his loss and start again. My shareholding is underwater but I am hoping that I will recover most if not all of my outlay over time.

Good news and fingers crossed for what follows. However, I just wonder if PB and the BoD ever considered deferring the employee share option scheme until and unless there was clear progress over the next, say, 3 months. Frankly, irrespective of the fact that the option price of C$0.36 is actually higher than the sp, it is nonetheless galling to see such benefits being handed out for non-performance.

GGG, I don't know why you bother responding to these people, they are simply incapable of realistic thought but nonetheless like the sight of their own written thoughts. The facts are that TXP has not exactly experienced success to date and has screwed it long term shareholders in the process. This is clearly evidenced by the sp. We are now all wholly reliant on the company achieving some success with the drill bit but that is not a given in view of the history of the last 5 years. That, in a nutshell is the situation. We all hope there will be something to cheer about going forward but it is tough to shake off the problems of the past.

Sturm, You argue my case perfectly...

Why is it that those who feel negatively about the last few years, and not surprisingly cast doubt on future performance, are constantly castigated on this board by those who have opposite views, to the point of being personally insulted?

Most of us posting on here are shareholders and all have a common goal - the success of TXP and the reflection by the sp of this outcome. Yes, there are clearly a few rampers/derampers in play but, as said by others, I really don't think their attempts to move the sp one way of another have any impact on the market. Personally, I am happy for them to post away at their leisure.

It would be so much more conducive to have mature comment, with informed debate about matters, rather than having to endure condescension, ridicule and insults, simply because one's view is not shared by all.

Good post John2727. If there is one disconnect in the TXP story it is that the NPV of reserves is some 5.5 x the marketcap, suggesting a share price of 100p plus. It would be interesting to hear from any professional analysts on this board as to why, in the face of such evidence, the market continues to hold the sp back?

Just think, a 50% increase in the sp over the next 6-12 months would take it to ca 27.5p, exactly where it was on 20 January this year, prior to the CB deal being closed and the new loan being signed. At the time, the rose tinted spectacle brigade were talking of 30p, 40p and beyond and, even now, continue to believe that the market has missed something in the CB numbers which is going to transform the company. For those of us living on planet earth, the prospect of this happening is getting less with each passing day, which is why the sp is now 18.25p.

Obviously, recent investors, including those who partook in the private placement, should fare well and good luck to them. As for the rest of the loyal, long term shareholders with averages above 30p, it is clear that PB and his mates have stuck a middle finger at us all.

Bloody hell guys, you'll be swapping spit anytime soon!

Oh dear, you are an angry person.

Christo4, Good comments and with the sp now at 18.5p (new investors now staring at a 10% loss), you have to wonder if there are other issues which the company has not released to the public... Maybe the CB data is is not as good as they thought!

Lampedusa, Johno probably not on TXP payroll but nonetheless suffering from rose tinted spectacles.

Hardo, What don't you understand from the statement "...my holding is close to 7 figures"? Why on earth would I misrepresent this? You are just seeking to cause an issue when there is none.