Member Info for danawinner

Radders, I hope my excessively conservative prediction is way off the mark, I was being very cautious.
The company has expanded and changed dramatically over the last couple of years, so I don't know whether the impact of the licence will be as massive as before.
Let's not confuse the Marine Licence with the Final Investment Decision, which is a different thing altogether, and will have a major impact on the share price imho. Yes, that will be big, just how big is anyone's guess.
Sorry if I wasn't clear on that.
Getting FID is different question altogether,

Tango, I sincerely hope that you are right, I for one will be delighted if you are!
Perhaps I am getting old and cynical about potential moves in share prices, they never do what you think they will.
Let's hope the market piles in on the news, it has been a long wait!
GLA

SiDerman it says
Riverfort Global Opportunities PCC Limited and YA II PN Limited (the "Investors") (the "Loan") into a total of 98,193,244 new ordinary shares of 0.01p in the Company ("New Ordinary Shares") at a price of 0.2546 pence per New Ordinary Share. An existing shareholder of the Company has agreed to acquire these New Ordinary Shares from the Investors.

Riverfort and YA II PN are the joint lenders, the existing shareholder has yet to be revealed, if at all.

It may be somebody below the 3% notifiable threshold. Whoever it was, they flogged 89,285,714 shares for £250k to pay for their 98,193,244 new shares, unless it was a complete coincidence of course?

ban118 I think that it's now impossible to make any major price move predictions.
I believe that we will see a 10% move once the licence is granted, but this may be sold into, reining it back.
Now that have diversified into H&W there is more potential for cats to be pulled out of the bag.
If we are awarded a Naval contract to build a new warship, then we may get a spike. I have no knowledge of anything like this being in the pipeline, but these contracts take years to negotiate, partly due to the EU procurement rules. Let's hope that once we are free of these, Boris will try to buy some votes in Northern Ireland with a juicy one!
It is more than possible that there was something in the offing prior to our takeover.
I am sure that there has been lots of petitioning of local MPs and Ministers, to provide jobs for the NI economy.
Other than that John has the ability to think out of the box, and may surprise us at any moment.

must have been by someone that already owns this number of shares, which narrows it down a bit.
Don't forget that the conversion shares have not yet been admitted to the market.
The reason for selling the shares was to buy more shares for the same amount of money, which makes sense to anyone. Who wouldn't want to do that?
The other point is that it may have been a good opportunity to crystallise a loss for tax purposes, with no arguments over Bed & Breakfast rules with the Taxman.
Whoever it was, it demonstrates confidence in the company, and I think that we will see a bit of SP progress as we get towards the Marine Licence decision.
I don't think that there will be a massive spike in the SP as there are so many warrants and convertibles still kicking about , which if converted and sold will keep the lid on the SP.
GLA

MMs are short of stock.
Moving ahead well in a sea of red.
More of our 5% percent per day steady rise please.
Looks the the red hot tip I was given on BOIL was not quite right, top of the losers. Glad I ignored it.
Follow your own instincts.

TXP is now my top performing share for this year, by a long way.
Up 24% since the start of the year.
I thought that it was going to be a close race between TXP and RRE which was initially in the lead and now slightly under water.
Yeee Haaa.
The news to come is HUGE and just keeps getting better..
It's a while since I had a share like this.

We will be getting renewed attention.
Deservedly so.
Consistent 5% to 10% percent per day would be ideal so that we don't grab the attention of the day-traders and their tedious ramping cycle depending on whether they are in buying or selling mode.
Nice .

but I can sell 100,000 at 28 pence in a flash.
I won't be selling any at all.
Looks like North has decided to let the SP run for a bit then?

should arrive on site this week, according to the last RNS.
In interviews Paul said 7 to 10 days, so it is either there or about to arrive.
If we have any posters from Trinidad, there should be a massive flare stack shining like a beacon, announcing to the world that we have hit a monster.
Testing is likely to take a week or more, so hopefully we will get the glad tidings before the end of next week, no pressure Paul. Tell a lie, the pressure is massive, that's why we needed a bigger rig.
Nice to see that we are getting a bit of de-ramping, it will take more than that to hold us down.
Have a good week everyone.

Rumours that the Corona virus is a result of problems with the lager brewed by AB Inbev are totally ill-founded.

Nice to see that you have chosen TXP to make your first post since May 2019 Moneydan, I'm not surprised that you would like to get in cheaply.
I think that Trinidad should be OK for the time being, nice and sunny and hopefully everyone will be fine.
We will be pretty resistant to any oil price dips, as we are motoring on excellent potential and less subject to oil prices, and one of the strongest oil stocks out there at the moment.
Come and join the party!

Nice to see that you have chosen TXP to make your first post since May 2019 Moneydan, I'm not surprised that you would like to get in cheaply.
I think that Trinidad should be OK for the time being, nice and sunny and hopefully everyone will be fine.
We will be pretty resistant to any oil price dips, as we are motoring on excellent potential and less subject to oil prices, and one of the strongest oil stocks out there at the moment.
Come and join the party!

Smahtfehka DCTA etc were TrekMalone, I can't take the credit.

D45 RRE Rockrose is back to a Market Cap value of the unrestricted £245 million cash that is in the bank, and is producing 20,000 barrels per day. Net income circa £175 million per annum.
Cannot understand why it is at the current level.
Traders eh?

Well it looks like our friend Josef has all the makings of a good oil analyst!
He is very smart in his analysis, and I like the way that he is drip-feeding the target price in, as the news become certain rather than speculation.
I believe that his figures are conservative, as are my own, but I was working on a higher flow, but a conservative per barrel contribution, as I think that oil is likely to have an average price of $50 per barrel. Good to hear that our Gas is priced at a premium due to local demand, but that is because the alternative is LNG imports which are always going to cost more.
I think that we should keep an eye on Josef, as he has a clear understanding of what we are dealing with, and being based in Toronto will be getting it from the horse's mouth - same info but more clarity.
I think that he will raising his figure to 100 cents once we get more news of Cascadura, and then again if we get some positive results on the two remaining drills by November.
With all that we have going on, it would not surprise me if we are granted an extension on the second drill, giving us the chance to drill another development well at Cascadura, in order to increase the flows from other oil-bearing intervals - the results of which we are still awaiting.
All in all an excellent analysis, and I am really surprised that the Toronto market didn't have a lift on the back of it, but it was late in the week, and I think this will all come good on Monday for us.
I believe that we will have another ten percent or possibly more next week - spread the message far and wide.

I have been toiling my way through Twitter Youtube, BNNBloomberg and the rest without success to date.
Hopefully someone will stick it on Youtube soon.
https://www.youtube.com/results?search_query=josef+schachter+energy+report&sp=EgIQAQ%253D%253D
I think that he will be really enthusiastic about TXP.
He was last time and that was before the successful wells.
I may be wrong, but I am expecting the Toronto TSX market to react to the interview, does anyone know of any Canadian LSE type chat forums/fora?

So it's time for the next leg up then.
Perhaps the consolidation is over for the time being.

Ludicrous though it may sound at this stage, but if the Cascadura results are as anticipated, I firmly believe that we will exceed all market expectations.
I believe that our net asset per share will be North of £1 and our projected cashflows will be amazing.
It partially depends on the test results, but the other two planned drills may very well exceed those that we have to date.
You may believe that this is share lunacy,.
I have no more information than anyone else, but I do have a couple of Geologist friends from oil majors who are also very optimistic in their views.
It will be interesting to see what Josef Schacter has to say on the matter, but I suspect that his view may be similar to mine.
Shore Capital will be working on an update as we speak, and if you look at their last analysis before our two successful drills, and following our 'Transformation', I believe that their next analysis will make mine look pessimistic.
https://www.weare121.com/121oilgasinvestment-london/wp-content/uploads/sites/12/2018/09/Shore-Cap-TOUCHSTONE_EXPLORATION_House_Stock_Firmly_on_course_Risked_NAV_upgrade.pdf
Call me Mr Rampy if you like, but it is up to you to do a bit of research before you buy.
We shall see soon enough.
GLA, we are closing in on the test results in mid Feb.

Two down and one to go.
I am sure that Judith Tweed will have played a blinder, as always.
Let's look at this logically.
The Gas storage project is circa £350 million and will produce long-term jobs, as well as scores if not hundreds of fabrication jobs at H&W.
The project is of economic and political importance to North of Ireland and also the Republic of Ireland.
It ensures that Ireland has gas if there are problems with the SNIP (pipeline).
Much research has been done into the potential impact on the sea bed and it is de minimis.
The fishermen that may be slightly affected have given it their approval.
With due respect to the protesters, they are deluded with their doomsday scenarios.
Once the approval is granted we hope that it will be full steam ahead.
No price predictions but the outlook is very positive.
GLA