Member Info for dunderhead

You wonder why all the "doom merchants" are here - have you seen the news-flow since the company started?

I've taken my (significant) losses here, rationalised my portfolio and can sleep soundly at night now - to be clear have absolutely no intention of purchasing here!

I stated unequivocally - even with the well achieving the profiles first forecast - with current and expected (never try to make a bet on this!!) gas prices the "journey" was going to be a real struggle anyway regardless of this latest potential mechanical issue.

This certainly could come good - eventually - but what are the real chances of getting the returns some people throw around here? All IMHO, DYOR. Not a holder and no intention of becoming one. Best of luck to all holders of course!

Better geologists can't improve marginal assets. Right from the very start of this illustrious amazing project I did "believe" in the assets as I thought the "management" team were completely aware of the risks involved and the differing requirements of bringing such assets on-stream and had already filtered accordingly.

It seems they were not - even after I sent a few "free" e mails providing guidances to them as well?

Oh well you can bring a horse to water.

This can still work - but let's face it - they haven't got a good track record to date and here's hoping the Phase 2 assets are stronger than the first?

Now then - if only Fiona was here - she could give further ltips out to incentivise this top quartile management team to stay here - that's my main concern now!!

All IMHO and DYOR.

Great post UnderWaterEddy - glad you're not worried about the gas prices at all.

It seems IOG "management" are - I'd be a teeensy weensy bit concerned if they were as they probably know a little more than you about future capital requirements and other immaterial "stuff" like that?

Are you kidding jrlomax - they have no credibility now and are attempting to re-build this - getting this well on-stream and in line with the production profiles forecast (whatever this may mean with IOG?!) would be a start on a very long journey.

I do think this will come in - whether at the high production levels mooted - I am not so sure - and don't expect there to be a great market reaction after initial spike and consequent bounce down - as the reality of the real mess here will sink in - and the re-building of BS starts. As ever absolutely all IMHO and DYOR. Best of luck to all!!

Actually historically late news means bad news where this company is concerned. Here's hoping this is the exception to the rule. Best of luck all. All IMHO.

Poor old 2prats getting "confused" again.
Maybe when they "come back" they can have the manners to answer my questions posed to them earlier regarding phase 2 carries and bizarre prices quired in earlier messages?
Agree iog not in bond trouble yet but and as unlikely as it may seem, the natural gas price does drop to 65p th then that will rwar its head again?
Gas Price dropped over 20 % last month, surely it cannae do that again? Poor old Newall must be sweating in his silk sheets at night? IMHO, dyor

65p breaks covenants I think? Not too far away scarily - well for iog - not consumers of course.

2prats - so you telling me everything that was planned for Phase 2 carry costs is definitely going ahead?!
What is the £85 or £50 gas price reference to as well? Do you mind explaining that as well?

Was there any clarification on Phase 2 carry as well?

It's not poor communications - it's poor "planning and strategy" - although certainly not sure those words should be anywhere near PB or TXP of course! imHo.

Well it also costs money to drill a side track, so why raise cash at such low price when not possible to test until end of May.
Oh I know, the bumbling twat thought it a good idea because he named the original well after his daddy.
The "strategic" (that word sticks in my mouth) cluster f's continue at pace, lol.

Just re-read my post - the other company I got slated on and was quite a large holder - held for assets not management - was EOG as as repeated IOG in post below!
They were all slow crashes - but woe betide anyone from criticising the "amazing management" and err "strategy"!
Also be very clear here - I am not saying TXP is anything as bad as the crap I mentioned - the only issue I have with TXP is the fact that it could have been managed and communicated far more efficiently and cost effectively and, will eventually "get there" - that is all - and as ever absolutely - all imHO.
I have every confidence it will come good here - but saying that - I did say the same about IOG (holding way too long, LOL!) but had the good sense to sell out of AEX / EOG long before the s*** finally hit the fan at those companies!

Scott, FFS what on Earth does it have to do with you?
Sturm has been extremely rude to me on here in the past questioning my "manhood" for continuing to hold a stock I was unhappy with the management of?! What on Earth did that mean? I completely let that go.
They then has stated I am stupid on here twice but with the greatest of respect has asked and made stupid comments on Discord that I never bothered replying to that effect and pointed that out.
Then they commented on something (supposedly stupid) but admittedly "controversial" I made about foreign exchange - claiming to be a "market" economist but refused to answer or discuss why it was stupid in any way whatsoever - just didn't like what I said?!
So it's ok to take the p*** out of my manhood and call me stupid but when I respond and call someone a prat for doing so - because simply they are wrong - that's not ok?!
I and one or two others on Discord often commented on the continual positive crap about various historic issues at TXP - only to be continually shot down because of repetitiveness - however it is okay for there to be many many repetitive posts about the same thing from multiple posters which were wrong - but shouldn't be pointed out as such - because it was repetitive and boring?
I have you on filter on Discord since we last fell out there (it's been genuinely cathartic not seeing your posts by the way - you should try it) and I thought I had you on filter on here, got to admit. I have 30 years experience in o&g industry and have posted a lot of useful information earlier on Discord but now I simply don't bother and don't bother on here because quite frankly it gets boring when people get confused between cold heart facts and have an opinion that is different from those - simply driven from the fact they don't know what they are talking about and it get's boring trying to justify certain things - I know of a lot of other SME's who over the years have stopped posting on equivalent boards simply because it's not worth the effort.
It is really really simple if you don't like what I say PUT ME ON FILTER (I had this issue on IOG / AEX / IOG and think I was found to be very right there - lost a lot of money being right in the process at IOG but!!!...) - and actually stick to it - because last time you responded to me on here - you said you were putting me on filter - but was that the "filter but not really button - because whilst I personally don't like the guy - he does talk sense sometimes" button"?!
I will now put you on filter and not respond to you because I did actually used to respect you but have yet to hear any value posts you posted on Discord or on here and simply life's too short mate.
Please DON'T bother to respond.

I like AXL very much and see it as excellent value imHo.
Thanks to MT for that one.

So legitimate "management" short comings are not up for debate Corpse.
Do you not think that a "positive only" debate ceases to become truly informative?
I am "here" in spite of the "management" and hopefully because of strength of assets which will eventually be realised.
I caveat that with
1. Royston still not been stated as commercial but hope and expect it to be. The footnote in recent accounts regarding start of testing, should have at least given some form of indication of when testing results would be released i.e. not by date but project delivery (in entirety or by section) and I realise there is no legal reason to do so but, in light of the "perceived ambiguity" this statement appeared to has set - I think that is a fair (negative?) statement now.
2. Cascadura has the upside everyone hopes for.
3. "Management" communications and operational delivery needs to get better and recognised as such.
All IMHO.

Sturm - it's no excuse at all - was just stating as in your helpful glossary I had already had multiple profiles done.
As I say - it's ok for you to refer to me as stupid and "unmanly" for "not selling up" - but equally all I was doing was calling a prat a prat - so really don't see what is wrong with that?
It would be interesting to see if you were willing to state such insults to my face if we were to ever meet as opposed to behind your laptop?
Good to hear you ignoring me and I will accord you the same now, as long as you keep your personal stuff away from the bb as well - then I have no problem.
I'll also gladly educate you of some of your technical ignorance(s) / mis-understandings already illustrated on Discord - if I'm feeling generous in the future.

Well I'm still waiting for that great "market" economist Sturm (please confirm which "market"?!) - to answer my response to his recent messages on here and provide further guidance as to why he close a PE of 5 - simple question - as he ridiculed me for pointing this out - but still cannae see his reply justifying this? They must have missed my last reply as they are so intelligent and I just cannot understand what they were talking about - it seems - so to repeat one LAST TIME then hopefully we can move on with me better edumacated?
..."Sturm how strange??!
1. You tell me I'm not advanced enough to understand my point regarding doomed Western currencies (on completely another bb?!) yet don't answer my questions or observations?
2. You say Royston is in for free and will not impact the share price at all many times (INCLUDING YESTERDAY) then comment later (ALSO YESTERDAY) it will have an impact if dry across all zones but that will be "temporary"?!
3. You then attempt to "shame" me about name calling, ffs if a twat is a twat let's call it one, what's the big deal? Yes, I have been psychologically reviewed on both professional and personal basis many times, the first time when 15 from memory, so I am perfectly aware of my "profiling" thanks.
4. Why don't you just apologise for being rude then I'm sure I can guide you in a more friendly way when you talk cr*p again?!"...
Waiting for your response buddy?

Lexion, has that information re coho been rns'd as such or anecdotal?
On phone, so not able to easily look at rns statements.
Apologies.

Sturm how strange??!
1. You tell me I'm not advanced enough to understand my point regarding doomed Western currencies (on completely another bb?!) yet don't answer my questions or observations?
2. You say Royston is in for free and will not impact the share price at all many times then comment later it will have an impact if dry across all zones but that will be "temporary"?!
3. You then attempt to "shame" me about name calling, ffs if a twat is a twat let's call it one, what's the big deal? Yes, I have been psychologically reviewed on both professional and personal basis many times, the first time when 15 from memory, so I am perfectly aware of my "profiling" thanks.
4. Why don't yiu just apologise for being rude then I'm sure I can guide yiu in a more friendly way when yiu talk cr*p again?!

Got Internet intermittently! Cheers John and uptick.