Member Info for dunderhead

Paul has p***ed me off totally in the past with his ridiculous remarks but to be very clear I was very happy with this interview.

No BS about best ever wells etc (enough said).
Clear explanation as to why delays - maybe poor TXP initial communication with Shell and getting their agreement as to exact nature and manner of tie in to their property - but again - who knows (and probably pretty unlikely) and if this delay is specifically Shell "changing their minds" then I am happy it is only a small delay - but again no imminent promises about when COHO due to start - as in the past - but some explanations as to why not!

Specific guidance that they still expected EIA by the end of the month - but no extreme positivity etc just simple statement on that expectation.

My only small gripe and I understand why he does it - is the continual reference to BOE for Cascadura - because I think a small reminder should be fixed price gas - absolutely NOT related to current high oil prices and that kind of returns.

I don't think it was at all bad - some of the information in it was not brilliant - but that's the way it is and was explained as such - and I didn't think it was much of a puff powder price - in that it appeared to recognise the limitations of TXP delivering on project timetables being beyond their control.

Whilst I appreciate he is hardly going to admit about funding "shortages" - a very very clear intention of not wanting to issue equity that cannot be misinterpreted at all.

All in all pretty happy - in that he truly recognised the share-holder "disappointments" - probably brought about by his own BS forecasts.

Don't know what other people think? All IMHO and DYOR.

Trek totally different pricing for sqz!!!

No need for apologies HM - been called far worse!!

Ah so this time, you think the RNS guidance will be correct then HM? There's a first time for everything I suppose, lol.
IMHO, of course.

Why a month HM?!

Can I see another mm conspiracy / masonic lizard theory being formed?
Or maybe simply the case that the "market" is waiting for some of the important deadlines that matter and not nice "numbers", to actually crystallise in line with previous rns guidances, as opposed to bring continually embarrasedly kicked down the road?
IMHO.

Guys the "numbers" are great.
What is not great are the dates and previous guidances of dates that keep on and on getting kicked down the road with no reasons given.
The "numbers" are all well and good but it is the dates to achieve these numbers more so!!!
I want explanations why the dates keep changing not another glossy video about "numbers".

Well that's the update.
Pretty oessimstic and absolutely no explanation for further coho delays at such a late juncture.
Not happy.

Badkrukan, who said anything about an open war?
Please refer to my message on discord thread then reply on that thread.
This is about sharing consolidated views with enough shareholder "clout" and then working with TXP management.

Hi guys, it is great to see some traction on discord and thanks to JM who mentioned about me getting access to some of the information. I am very happy to contribute to such a group however as earlier posted after a couple of weeks, as my and a couple of informal “pledges” amount to around 2.5% would definitely prefer to wait that time. That does not mean we will not continue even if there is great news in the offing during that period.
JM’s comment regarding my potential access to certain data, prompted me to write now however, to offer clarification and point out there can be issues with such groups and some can be encapsulated below. I would like this to start the conversation on discord regarding expectations / concerns / ideas etc – if that is ok JM –
1. There will likely be fantastic candidates available within the share “pledges” - Grocer1 already being an obvious example and the others I have mentioned with either respective potential pledges but they are likely to wait a couple of weeks.
2. A Mission statement be required defining the reason for existence and conclusion of expectations / boundaries (taking into account as far as possible all members views and expectations) and alignment of the potentially seemingly sometimes perhaps disparate group!
3. Initial anonymity if required by members and data protection legislation to be followed.
4. Following point 1. it would be necessary to identify a number of holders who are best experienced to take this forward and “act” upon the other pledges!
5. Following point 2 they will be tasked with decisions about and messaging on behalf of group.
6. There will be an agreed feed-back loop before or after any group communications.

Hi guys - thanks very much for your responses.
Judging by other off board messages etc and now with Grocer1 shares I think we will already have exceeded 3% share-holders.
I think we need to give PB and team a few days to RNS where exactly we are standing - why we are not where we expect to be (specifically being based on previous RNS'd guidances) and the way forward with firm dates.
After that we can re-group over the next week or two and determine the next way forward.
Until we know where we are with regard to COHO and funding etc there is no point in doing much for the moment - however equally - if we do not hear anything for the next couple of weeks - then that may in itself instigate a possible "group" communication with the company? Whilst I fully appreciate COHO is relatively immaterial to the "big picture" of TXP, it has in itself become a point of contention in that, in my opinion, when reviewing many previous RNS's regarding project progress and taking into account "informal" management guidances, it has created an impression of not being as efficiently managed /messaged as it could have been? This then goes on to create uncertainty regarding other TXP projects and how they are potentially being managed.
Let's see what happens over the next couple of weeks and it is good to see there is support for some form of group communication.
Best of luck all.

Out walking now but will be thinking of setting up a shareholder action group in near future. Its a bloody lot of work like corralling cats really....but....
Let's see what the next couple of weeks come up with?
What kind of volumes you guys holding?
I think we can find 3% pretty easily?

£1.50?!
Lol some of you were throwing around £10 to £20 share price predictions!!!

Fully agree Joey. Let's wait and see - but judging from previous experience of TXP - I think we're going to be pretty disappointed with promised delivery to date - (even if it isn't that material) - but as long as it doesn't affect our funding obligations later in year I'm "ok" with that - and - we will get a load of "fluff" about Cascadura "progress" which again is nothing unless we have some form of clarification regarding pipeline progress and EIA.
All IMHO and DYOR!!

Hi smasher thanks. Just to clarify - no need for such communications yet - let's see what the next update comes up with - there may not be such "anger" from what looks IMHO, the majority on here, after that?
Here's hoping!!
All IMHO and DYOR.

Joey1998 - I have been part of campaign many eons ago (which included an EGM) and whilst we did not achieve our aims it did improve things quite a bit from "our perspective" although only "small acorns" really. It is an awful lot of administration but the BOD will really start to perk up and listen if we can "talk" for say 5% of shares. The first thing to do is put together a list of holders - with initial anonymity and their respective holdings to see if we can get a certain percentage threshold number? I think we need to wait until next update but, to be clear I am very happy with what we have achieved to date from an exploration perspective however often a (successful) explorer isn't able to successfully monetise the discoveries due to not having relative experience required? My issues are, why we haven't sought a JV partner to "help" with that, why didn't we place earlier to monetise the oil "discoveries" and why the communications strategy really seems to be truly truly awful.
There could be many easily answered reasons for this and there could be no other alternatives but let's see what the "next update" brings and "we" can potentially take further after that? For information I hold about 0.5% shares I'd have thought and I can remember some posters (either on LSE or ADV) from USA "talking" of combined 10% of shares held although not sure how true that is or whether they still hold ?
All IMHO and DYOR.

I think if it 1) the time will have come to get some form of shareholder action group set up?
There are some large share-holders on here and ADV and I feel we could actually muster up a surprising percentage of holders and it will be interesting to see exactly how much. I cannot remember which site it was but there was a group who claimed to own a significant percentage amongst themselves from the USA?
I don't know if they still do but it would be interesting to see anyway. Such an action requires an awful lot of administration and time so let's hope things are "better" than "we" are assuming?
Best of luck all.
All IMHO , DYOR.

Of course it's not.
There will be plenty of requirements in UK. I personally don't think there will be a bidder at all until Saturn banks onstream. IMHO.
As an aside we dont "own" the pipeline to Belgium though?
Only one way into Bacton, lol! The inter connector to Belgium would be a real bargain for £1.

They going to build a pipe to that country as well?

Haven't posted for a bit because was quite happy with the update yesterday - good detail and seems good news - hence surely this will revalue around 35p over the summer now? Unless of course the MMs (plus masonic lizards) have other ideas?
Now I've piped up and said that - expect share price to drop for rest of day, lol!
Best of luck all, IMHO, DYOR!!