Member Info for Ezhik

ps. don't get touchstar mixed up with touchstone. It will cause nail biting.

Las. It sounds like you are doing ok so far with your entry to investing. TXP has done well over the last couple of months and justifiably with the management team and the excellent prospects they have. Whether to keep all, sell some, sell all is of course a decision only you can make. It is quite normal for an oil and gas stock to increase in price between the spud date of a new well and the results of that drill. I have no idea how much or even if the SP will rise at all from here between spud and completion but it is quite common and I am holding on for now. Reserves update is due, so too is news that they have Spud the deep well. Reserves rns may not be as outstanding as some expect or it could just be an incredible result--ti's a gamble but the indicators are that it will be very good indeed. You then have the option of taking some money out between spud and completion of the well just as a precaution or indeed all of it and buy back once results are known. We may receive bits and pieces of news between spud and completion that will give us clue as to how its going. Its all a bit of a juggle and a massive mind game though. All you need to do, is do the thing that will keep you sane and not chewing your finger nails up to your elbows. No-one ever went broke taking a profit and there is no shame in taking out your original stake and leaving the profit in the company as essentially 'Free' shares until it becomes time to sell. Some folk on here are looking for £3 value per share I would probably take £1. There are no guarantees n any of it though (other than your broker will make money)

Sell them at 6.7 and buy back again at 6.3.

Indeed, wtf happened here then?

Double by Christmas will do---that's this Christmas by the way, and then again the next year, and then again the next. Ooh look, I have 8 x the amount of money I had 3 years ago, that's aim for you ;)

1 minute per pipe joint. All out in one day. Unless they drop it.

Carlosan. I have just read your message, and apologies for apparently ignoring it. I am happy for you if you remain confident here, I sincerely hope that it pays off. Kelsbels has pretty much answered in a way that I would agree. I think that we have both had conversations with, and met with Andrea over the past couple of years and I would agree that he is proud or some might say stubborn, or even over confident. He told me on a couple of occasions that he was 'underwhelmed' at the performance of operations in the field but he was 'confident' that the situation would change. Hence him buying stock, and me keeping invested. Don't forget though, that much of his shareholding is from shares allocated from remuneration and the rest bought from salary, all paid by Zen, i.e. you and I, and his remuneration has definitely not been small or reflective of the performance of the company. He is a likeable chap, has always been supportive and courteous in any conversation or correspondence which said a great deal to me. He lost his way with Azer and I too believe that the admission of failure is not in his vocabulary and I am sure that he is determined to prove himself. However, a caveat to that is, all the time he is doing this, his personal wealth is increasing and his pension pot is growing, therefore the word 'success' is somewhat subjective and dependant upon from which viewpoint one takes.. I am waiting for something more tangible and proof of concept before putting any money here again.

That late reported trade for 185k may have been a sell from being worked since early PM. Plenty of large late reported trades time stamped after the close, difficult to know whether buys or sells tbh.
Lets see tomorrows' opening gambit.

I also bought some grl, pity the story there isn't the same as here, financing is a bit iffy but if they get into production then It should turn around nicely. Not suggesting anyone should look or buy over there, its more risky.

I didn't discover it till a bit later, paid 70-odd, accidently sold them at 100p and bought them straight back at 1.02, I know, accidentally selling is just carelessness, and muscle memory. Obtaining a sell price and then on auto pilot accept it. Small amount of harm done but thankfully there was a tight spread as there is now. only down side is, the % profit showing in my account looks less exciting ! anyhow, well done for the early research, it pays off.

It would be interesting to know what is meant by a cracked link. Its not a term with which I am familiar. It could just mean a crack or split in a length of tubing, or a pup joint, a badly made up joint, a collar. Either way, they will have to pull the string out and replace it once they identify what needs changing and they will have to watch out so as not to erm drop the string down the hole--an art that Roxi are accomplished at. Who knows eh? lets hope they have used decent quality and strength of tubing to manage the HP nature of these wells. good to see some blue here. might think about joining the party again for the 20th time.

Don't lose sight of your compass whilst doing all that sailing Mr K. No sleeping at the helm !
Now is the time when we say--I wish I had bought loads more. or wish I had the money to have done.

Who promised 14p? Other posters who you don’t know ?

I believe it was zak mir, and we all take everything he says as being the gospel truth. I suggest you look up and learn the term irony, surely the way in which I structured the post by saying that the sp was creeping up in the wrong direction was a clue.
Anyhow, enough breath wasted

Yes indeed, that was a bit naughty. That early 8% drop was not a real drop from yesterday and appears to have started the avalanche. Spread doesn't help either.

Its bloomin creeping up in the wrong direction again. Whatever happened to that 14p promised months ago.

Announce an agreement for an acquisition and share of production, have lunch with someone that looks important and put pictures all across the internet, raise some money for said acquisition--say no more about it and hope nobody notices, find someone else to join the ruse and pretend to buy another asset, raise some cash and dilute, let the license expire and use it as the get-out clause, repeat the story in another jurisdiction, keep selling the story, keep raising the cash, retire due to 'other interests' or 'ill health'. job's a good un. Genius. Not saying this is happening here of course, it was just a money making idea that crossed my mind.

Would rather put my money into a cure, a treatment or a new bottle of hand cleanser. A digital 'label' on a phone isn't going to save me. I said months ago that the Orwellain nature of this b.s. goes entirely against personal freedoms. If you haven't got a smart phone, presumably you wont be able to leave the house? is that the plan?.

gg. They are supposed to be delisting or have already, I don't know whether there is withdrawal period or whether its already done. tbh I only look in from time to time to check the leopard spots, they still haven't changed. Announcements have to be taken with a large pinch of salt and have always required careful analysis to decipher the real meaning. Today was even better than usual as it said pretty much nothing at all, other than someone sounds quite desperate to show that they are still entirely egotistical and ready to agree to anything with anyone that might have some oil for sale just to prove that there is at least some production. This license area has a small producer and 'potential' for rehabilitation--much like the story with azer and every other declining asset in the world. All they need is someone that can operate a drill rig and point it in the right direction without screwing up. This has so far illuded them entirely. I wonder how many bottles of sanitiser and face masks they have produced and given away or was it just another thought of the day that came and went with the chip wrapping paper. Until they actually do what they say they are going to do, there is no credibility here. What happened to the announcement where cost savings and salary reviews were supposed to be taking place? Being cynical about everything coming out of Zen I read that at the time meaning that they(he) would review it and decide that following the review not to make adjustments. Most other CEO's were cutting remuneration so he had to say something to appease people and give the illusion of intent. Seeing is believing and so far I cant see any evidence. All I see here is a large pension pot in the making and it doesn't have any investors names on it.

JJ. its Afritin, ATM. mate. Worth a read.

Another maybe acquisition in an attempt to buy production. No real meat on the bone though.