Member Info for Ayecuramba

16:01 - no leopards in Chile and not lessons learnt as you are not teaching anything just showing a natural bias to South American countries without any reference to what metrics you are basing your statements on, expect to be questioned for lack of or outdated stereotypes about business in a country like Chile :-)

17:34 - so good then that the 2 new Legacy wells mean we are good for the coming interest payments, and even better there will be another to Legacy wells drilled for free to TXP in FY26 Q3, which should give us another boost, also the compressor is now in final testing phase and has been power up, ready for commissioning to complete in June 2026, nice :-)

14:41 - like clockwork, I am sure the next time Ignacio is in London he will pop into Rymans, who knew Rymans was a Chile play :-)

14:26 - I am happy they gave us some jam today, why would you not be, jam in June is coming with the compressor coming only and then jam in Q3 when they get the 2 free well drills, can't get too much jam, maybe you have run out of toast or your toaster is broken :-)

13:22 - well that is the difference between us, you are a trader (not much for you here until it runs) and I am a long term holder (believing the great well is coming) GLTA

11:41 - think the money will be used to pay the ongoing interest on their debt, the compressor coming on line will provide the money for the next drills for TXP. Tho we do have a deal which means there will be another 2 Legacy wells drills in Q3 which will be for free, nice.

07:46 decent chunk of change, at $70 a barrel I get to US$4.47M per annum, but in Q1 they got $86 a barrel, so that would be an extra US$5.49M and it is likely the Q2 price per barrel will be higher, so nice kick up in revenue starting in Q2 results, the good news begins :-)

20:39 - always living in the past, stocks are all about the future, get a clue :-)

09:56 - while the uplift from the oil crisis has been non-existent, it the company is about to release results from the 2 wells they have drilled plus final completion of CR3 and an update on the compressor commissioning, these factors in the coming week or so are going to move the needle. The oil uplift hasn’t been factored in at all yet until we see Q2 and Q3 results.

23:56 - sounds like the 2 wells drilled on the WD-8 block have come on strong, so this will contribute a significant chunk to the last month of Q2 and all of Q3, the first chink of light in the fortunes of TXP :-)

Believe this is a 2nd interview with Edison in the last 2 weeks, clarifying further details around development of the Salar at Laguna Verde;

https://youtu.be/ExccmPsE3B4?si=Pyb4kfcA-ozjUMLf

07:47 - nice 'to share drilling risk and capital requirements, with multiple parties said to be actively engaged in the data room.'

07:52 - looks like AIM is it's usual self, think we will have to wait for announcement of JV partner for this drill to see movement in the stock :-)

09:34 - that will give me plenty of time to butter my toast then, happy days :-)

10:55 - people keeping their powder dry here, as every it's one thing to have the resource and quite another to have the funding to get it out of the ground, once a partner is confirmed and the well is fully scheduled then people will start making their calls on the stock, could happen any time in the next few months :-)

I don't have access to the whole note but the headline I think shares their view of the importance of this :-)

Augusta-1 exploration well doubles in resource size

88 Energy ("88E") has released an updated Prospective Resource Estimate for its 100%-owned South Prudhoe project, increasing gross unrisked 2U resources by ~35% to 769mmbbl. The uplift is driven by a maiden Brookian reservoir Prospective Resource at the North-West (NW) Hub split across the West Sak (61mmbbl) and Upper Schrader Bluff (USB, 120mmbbl) reservoirs.

09:23 - don't have the broker note as that is keyed to my name but here is a Proactive article that quotes from todays Cavendish broker note;

https://www.proactiveinvestors.co.uk/companies/news/1092463/88-energy-s-south-prudhoe-project-is-a-significant-multi-reservoir-infrastructure-led-opportunity-says-broker-1092463.html

19:57 - quite right 20p way undervalues this resource and opportunity, even at the PFS price per Kg of US$22, which we are now well above. Also the value of have the trade agreement with the US, opens up that market, which some other producers will struggle to access without tariffs.

Showing a 35% uplift in prospective resources, Cavendish updates it's stock price target to 19.8p, a 1,314% uplift on the current market price :-)

20:05 - you’re welcome, new resource upgrade makes your statement a little outdated, too focused on the past, investment is about the future :-)