Member Info for Desmond45

Bully, the non commercial section of casca mentioned in the RNS is neither of the two zones which flowed to make the combined 10k+ bopd during the original casca testing. Those rates were from the lower and upper shallow thrust, the lower of which is currently being perfed

More dither, more delay

Mat, £2m is chicken feed when the flagship project is on the ropes and main financier on the brink of going bust. I have been in and out of SAE several times, but looks like more of a coin flip these days.

This sector requires a LOT of capital. Fill your boots and watch them dilute to oblivion

I think there is a real risk of the company going under.

Looks like sensible folk are taking some off the table today. More than likely see some results on Sunday evening.

Sees TXP up 2%

https://youtu.be/68ugkg9RePc

A few more confetti shares to take it up to 12.5 billion (classic Dave) further inflating the mcap to a staggering £137m. This saga is going to end in tears for many.

Best thing Davey can do for shareholders is PUMP it like he did with Winx even if the wireline is rubbish. Give long sufferers a chance to bail out with a little profit. He’s leaving anyway so it’s no skin off his nose.

While it’s quiet, for anyone who is interested in Bitcoin there is a very interesting dual listed (TSX/LSE) miner called Digihost (DGHI). They’ve just raised a fortune and looks set for huge growth (barring a collapse in Bitcoin of course!). Their volume of coins mined per month is increasing month on month, and coin / mcap ratio is well below market peers, and clear roadmap for expansion within existing facilities. DYOR of course, but could be very exciting particularly if the Bitcoin bull run continues apace.

Rumours of a placing starting to circulate, standard for ujo!

leaky at chinook? Starting to fly today looks like they’re gushing oil

Was today the deadline for all the IG trades?

You forgot

DGHI Q4 2020 mined ~100 Bitcoin MCAP ~$100m
Boom on the way

Looks like the bottom is in onwards and upwards

Casca deep results imminent, could blow the lid off the SP at this current price

Hey fellow arbonaughts. any thoughts on DGHI ? Mining 35 Bitcoin per month seems massively undervalued relative to ARB mcap. Just completed a $25m placing similar to here. Wondered if anyone had any thoughts!

Nice to see such an unexpected rise for long suffering holders to allow them to de-risk. This time it will be redditors left holding the baby by the looks of it!

Some serious broken records on here. There’s been a couple month delay, big deal, s*** happens. Casca deep(ish) gas and chinook oil flow tests will be out within a month and all will be forgotten.

The rest is white noise. Are you in, or has a minor delay on sourcing the only feasible testing equipment really changed the investment case?

I think not.

Beckmans, Paul is a top boy. He has (with the help of his trusty team) spearheaded TXP into an enormously respected, full cycle O&G company. This is a buy and hold. Mid-long term significant value incoming and it will be enormous.