Member Info for G_G_G

A true Baay Believer you are, Hardole. So funny and tragic at the same time.

Aye, you clearly don't know how this works if you think £100m would be what's required for the board to even consider a bid. Lowball / Derisory bids are called just that because vultures come in when a company with great assets has been run into the ground by people like our board, and where all shareholder trust and confidence is lost. Just like we tried at TRIN. A 25p (£65m) offer would need to be shared with the market, otherwise the bidder would do it anyway. The board would be offered cushy jobs or golden parachutes to promote the offer, which they would, being the freeloading f@cks they are. And I'm quite confident they'd get the necessary votes. Because the guys at 16p and 20.5p would jump at the chance to make a profit from this car crash, so there's 40% of shares. The bod would add their meagre holdings. And I reckon major holders who have spent a huge amount of cash to average down would take the chance to exit, licking their wounds, but recognising it's an opportunity to lose far less than what will happen if things continue with our freeloading mgt team.

I've even considered whether all of this is being somehow orchestrated to facilitate such a bid given the level of incompetence is something that I've never seen or even heard of before. Anyway, let's wait and see what Calamity Baay serves us next. I'm genuinely praying for the raise to be removed and Casc 5 to be at higher than expected flow rates. But something tells me that Baay's 'achievements' this year don't end with a busted drill string. I'll leave the board to you guys until next week, unless we hear from Baay before-hand (unlikely given his track record with timings).

Typo Johno, you provided those details on the 29th September, so I only had to go back 2 weeks. And as I said, I don't believe that over £500k is a small part of your portfolio. It's the same sort of fantasy that Calamity Baay will deliver.

Hardole, if you want a happy clappy place where everyone tells each other 'it's not that bad', then head over to the Discord fanboy club where everyone mutually masturbates over Calamity Baay's next promises. Either that or take your +1m shareholding (you have said it and I'd be happy to find your posts), and vote for an EGM if he pulls another capital raise. Maybe try and influence the Baay Believers as well, because it's gonna get very ugly, for a very long time, if he does it.

your words johno, and no, i don't believe you have that kind of money, but good for you knowing people who do. and at 11p you'd still need more than 20m shares. no need to try and turn anything around with your bull**** as well.

as for my pf, well i've worked very hard to build what i have. and yes, close to a £100k loss when i was investing on the words and competence of calamity baay is quite a decent chunk of cash for my family. much more if you consider where the sp should be if he was even remotely good at his job. the difference between you and me is i want to crucify the lying charlatan. you want to 'accept your losses' and stick your head in the sand.

and yes, i'm in far less trouble than other lth's, like yourself, because i do have the funds available to average down to 14p. and this is not me trying to big man myself, like you are guilty of doing just now. it's the fact that every day folks have been shafted of their savings and pensions by a shyster masquerading as a ceo who takes $800k per year of our money. i'm simply lucky that i didn't start on the slippery slope when you and others did. just luck. i simply loathe mgt like paul baay (and dan betts for that matter).

Bye Spud. As for balanced opinons, would you rather we live in a fantasy world? That world of believing what Calamity Baay has to say next hasn;t worked out too well for everyone now, has it?

Johno, your post form the 29th December: 'No need to tell the wife, as i said, doesn't affect me, so no panic here, would need a recount for exact, but it will be over 2 million shares now, and again would have to calculate average, but I'd estimate around 26-27p.

charta, thanks for providing the reality check to posters. the assays will be at least another week. it's not a small hole - they drilled the best part of 800m. and western australia has so much core going through labs at the moment, to expect less than 8 weeks, is quite unrealistic.

wrt hole 2. i would personally like to hear something from the team once drilling has finished and they are out of mineralisation. we have to assume they are comfortably past 800m, so there's at least a 300m mineralised corridor that has been drilled so far. who knows how deep this goes.

it's down to grades now. they got some decent intercepts a few years ago. but they didn't go through the major brecciation / sulphides / quartz intervals, so one should reasonably expect there's going to be better, and bigger intercepts from hole 1. one can also hope that grade improves at depth.

wsbn is the most easily played stock on aim now. it has a huge following. folks sitting on +5x returns who will almost certainly be banking some gains. we're at low volume. and there's a lot of investors who are ****ting the bed because they thought assays would be back by now, which means there must be bad news.

even if hole 1 disappoints, then there's a **** ton of mineralisation yet to be drilled and released for another 8-10 x 1km deep holes. they've got known +300m mineralised intervals. and these are spaced 200m apart. it's a big system. it's just a matter of where the core is sitting, and beyond this, it's about timing the market. aimho gla

Some chunky buys this afternoon. US money perhaps...?

SS, you don't need to be mystic meg to see that another +20% shares issued at 12p (if we're lucky) means folks with averages above 25p are not going to get their money back for years (if ever). A simpleton can see this. Try running the numbers on how many *SUCCESSFUL* wells will be required to drive 125% increase in the share price. And if you have any experience of investing when there have been huge capital raises for unreliable companies, you will know the 12p participants will start trimming from 10% gains upwards. And then we have the 16p holders. And then the 20.5p holders. You'll have in excess of 50% of issued shares to be churned before you get to 25p. And you expect this to happen easily, with a lying f@cktard in charge who can't even close a deal, do a capital raise, or finish 1 well in 9 months.

So ridiculous even to be pointing this out. The reason why PIs lose so much money on AIM isn't just because of incompetent shysters like Calamity Baay or Dan Betts. It's because they cannot, or refuse to, see what will happen next after major events like mega-raises. That f@cker simply must be removed if he raises again.

'Regarding average and cash pile don't worry, I can get my average down to current SP if wanted to, however it's tying more money into a single share which I'm not keen on doing in my portfolio.'

And you say you could get down to within 1p of it...? Now I know you're a fantasist and simply unwilling to look at reality. But I'll play along. You have said that you have over 2m shares at somewhere between 26-27p. I have a feeling you are talking down your losses, but let's go with 2.25m @ 26.5p (circa £600k). In order to get to an average of 13p, you'd need to buy another 25m shares @ 11.75p, or invest close to £3m.

Johno, there's no need to talk b@llocks to make yourself feel better about your losses here. Just accept them, and look straight into the reasons why. It's not your bad investing btw. It's absolute p!ss poor mgt and deceit that has lured you into here, and that's why an EGM must be called if they raise again. Pre- TRIN the share price was in the mid 30's. You'd be up £200k if it was still the case, and not down by an even greater amount. Everything that Calamity Baay has done since TRIN has been a disaster. He gets an $800k package per year to deliver nothing but failure. And it's the commercial failures and deceit that has caused the real damage i.e. his responsibilities alone.

Also, Casc is not exploration. We keep hearing about how they know TRIN and the biggest on-shore producer etc. And yet they use the wrong drilling mud. They went back into a half-drilled well, knowing the risks. Previously, it was incorrect equipment, blocked wells etc. A lot of this is stuff you expect all the O&G experts to do correctly, every time. I don't care if they miss O&G on an exploration well. There's always risks. But to use the wrong mud, equipment etc...?

Zero, you are correct that you didn't say Q3 would be great. I apologise. But it's hardly a statement to say it will be better than one of our most disastrous quarters in years, and the only thing propping up Q3 is Central, that Calamity Baay had nothing to do with for production, but has cost us a small fortune in sealing the deal (which still currently needs another raise attached).

This was meant to be a sure thing for my pf, and it has been an unmitigated disaster due to the ineptitude of our CEO. I for one don't want to take this lying down if they raise again. EGM will at least send a message and shame the charlatan. But I do think we have a good chance of getting rid of him and a few other freeloaders. There's a major holder at 20.5p who has been stung. And if the 16p holder doesn't participate in the next raise (if it happens), then I think we'll have them on board as well. Time to face reality and lose the fantasy stuff. Another raise and we're all f@cked. Some far more than others.

Thanks NEWS. So your overall views on Hole 1 visuals versus Havieron and Telfer based on all the info provided are...?

Folks are offloading in the 11's now. I'd suggest the message is delivered very soon, as the picture being painted by the sp looks absolutely dire for lths. Any new entrants, well, they get a nice free run at massive gains at your expense, courtesy of the Great Calamity Baay.

Having run through AI the requirement is for 5% ownership by shareholders wishing to call an EGM. We'd certainly have the numbers if Discord and a few other major holders sign up. Hopefully, the remaining raise funds are completely removed, and this isn't necessary. But action must be taken if another raise goes ahead.

aye, you've moved behind zero on the human centipede. well done. clearly you have f'all invested here, so can afford to laugh. either that, or you're so unbelievably dimwitted that you have no idea about how things will pan out. some lths have lost most of their life savings and pensions due to baay's deceit and incompetence. i'm down £100k when i should be up by the same amount if he knew the first thing about doing his job. thankfully, there's a decent chance i'll see that money again in the next 12 months if the raise is removed, but those lths with averages above 25p and no funds to average down heavily will not see their money again for years, if ever. but by all means, laugh away you ****.

johno, yes i have noted the modest increases in central from workovers. but it's not quite like drilling a well, which they seem wholly incapable of doing with a reasonable rate of success. the magic 22mmcf is only magic if they can deliver reasonable incremental production. my trust and confidence in calamity baay and his team mirrors the share price. and i'm obviously not the only one.

but the biggest drawback on the sp is the impact of his extraordinary commercial incompetence. the failed trin acquisition killed the sp. the failed 20.5p raise, announced after he dragged out the central acquisition to a point where it was almost lost, killed the sp. the misdirection and omission of material information about the loan covenants, decimated the sp. the 16p emergency raise that we needed to finish casc 4 & 5, killed the share price (and told us a lot about our financial situation). and the icing on this cake made of ****, is we still have a potential +20% dilution event killing the share price.

you of all people must recognise the impact of this last point with your holding and average. i'm not having a go btw, it makes me even more angry that you've been hoodwinked for longer than anyone, alongside other lth's. and i see no point in shying away from what will happen with another raise. quite the opposite, in fact. we need calamity baay to realise that it's simply not an option. and at the very least, an egm will be called asking for his removal if it goes ahead. i have no influence over the fanboy club, but they really need to wake the f@ck up and deliver this message. if it happens, we are all f@cked for years and need to take action. i've worked out that my cash pile can get my average down to 15p if i double my holding and spend another £150k at 12p. so i'm not the one who won't see my money for years if this raise goes ahead. it's most of you. my ask for action on the remaining fundraising is the only thing that will create a rebound, so i'm hardly de-ramping by pointing out this sad reality. tell john27 to deliver a hard message. and if the lying pr@t does it anyway, then we push for an egm and his removal.

Spud, did you even read my last message. Take your head out of the sand. Lyin Paul has already provided his d@g ate my homework excuse. Some people are just too deaf, dumb, blind or all of them to recognise it.

Johnno, you don't need O&G knowledge when you cross-check against ChatGPT and Gemini. I'd also trust this more than any O&G 'experts' on this forum or Discord. Add to that Calamity Baay's track record of holding back on telling the truth, and his dismal record of success, and that's why I have little confidence in Casc 4 being anything but poor, and why Casc 5 + The loan covenant being changed is the only way for the sp to reach even 16p.

Here's one AI response. Suggest others check for themselves.

Impact on Well Flow Rates

The fact that the well is being completed using the drill string as part of the production conduit creates a scenario where the final flow rate will almost certainly be negatively impacted compared to a conventionally completed well.

1. The Key Factor: Restricted Diameter (Reduced I.D.)

A conventional well is completed by running the largest possible production casing (I.D.) into the wellbore to the target zone. The stuck drill string acts as a physical obstruction that permanently reduces the size of the conduit through which the gas must flow.

The Problem: The gas must flow up through the internal diameter (I.D.) of the drill string, which is significantly smaller than the I.D. of the production casing they would have used otherwise.

The Result: A smaller pipe diameter leads to increased friction and higher pressure drop (or choke effect) as the gas flows to the surface.

Likely Impact: This reduction in diameter will directly reduce the maximum achievable flow rate and may necessitate higher flowing bottomhole pressures, potentially leaving some gas behind in the reservoir.

2. The Solution’s Trade-off: Lowered Efficiency

The decision to complete the well this way is a major trade-off. They are prioritizing salvaging the well (getting some production) over achieving optimal efficiency (getting maximum production).

Factor Conventional Completion (Ideal) Combination Completion (Actual)

- Perforations: Perforating gun size is optimized for the casing, creating large, clean flow paths. Perforating guns may be restricted by the smaller I.D. of the drill pipe, potentially leading to smaller, less efficient perforation holes in the reservoir rock.

- Future Workovers: Tools and pumps can be easily run into the large I.D. Future attempts to stimulate the well (e.g., small-scale fracturing or acidizing) or even clean out sand will be limited by the small internal diameter of the stuck drill string. This limits the ability to maintain or increase flow rates later.

- Logging Data: They state 'open-hole logs could not be acquired.' This lack of definitive data means the engineers have to rely on offset data and real-time drilling data. While they are confident in the gas sands, the absence of logs means the completion interval selection is not perfectly optimized, which could also marginally reduce flow rates.

LOTM and News, I'd like to start with thanking you both for your posts to date - very informative, even though you are arriving at different comparisons for Red Setter.

I'm interested to know your thoughts on the core visuals shown of the breccia and quartz carbonate for Hole 1. In particular, how do they compare to Telfer and Havieron in your view? Also, was there copper or gold visible in Telfer and Havieron cores that were shared?

How much are you in for here Stas? Share holding and average?

dbh, no new investors for recovery...? and whose fault is that? do you think txp is investable at the moment? with a huge raised hanging over our heads? with a ceo who lies as he breathes? with a busted casc 4 that has cost $6-7m to drill (twice) and still very likely f@cked? with casc 5 being our only hope? with millions paid in fees for catastrophic raises? yeah, it's the pis who are to blame for sentiment here.

ss, you really are a gold-plated **** calling pis trolls, who simply want the person responsible for their lost fortunes gone. the same person who enriches himself at our expense for $800k in remuneration each year making a mess of a job that a monkey could do better. the situation is that folks who have been conned out of massive chunks of their life savings or pensions, want the conman gone. so have some respect.

the discord group was pulled together as a means of collective bargaining. it has failed to provide anything of substance other than being an outlet for delayed misinformation from calamity baay. i suggest they finally pull their heads out of their @sses and use our pi strength to force an egm. they should communicate to pb that nothing short of the remaining raise funds in the loan terms, which we knew nothing about, needs to be removed. completely. otherwise, as a group we will vote for his and the chairman's removal. i cannot see how the 20.5% raise participant wouldn't vote in our favour at an egm. and i'd imagine the recent participant for 16p would also vote if they're unwilling or unable to sink even more cash into this lifestyle company. but make no mistake, the fault lies with calamity baay, not the chairman.

i'm also calling casc 4 a near write-off. it will be garb@ge and pb has already given his excuses. but let's see if i'm calling the conman right.

zero, tell me how q3 is going to be great. the only thing that will be holding up the production numbers is central, which has nothing to do with baay and his team. casc will still be a mess. oh, and for reference, if you count the massive dilution recently (and potentially more to come) as part of the real cost for this acquisition, then between the shares issued and the fees that need to be paid, it has now cost us a hell of a lot more.

any lth's with averages above 20p need to realise another raise is going to mean your money isn't coming back, let alone with any profit, for years. and it won't be any of calamity baay's doing, it will be a change in the **** pricing contracts he negotiated. the remaining raise and calamity baay are the real millstones around our necks. if he doesn't fix the raise terms, and goes ahead with it, then he simply must go.

Shame we haven't had an update on Hole 2. Surely they could let the market know if they're still drilling and what they have observed to date.

Stas, ironically, the biggest losses anyone has made from following me around are here. You happen to be just one poster who has made losses on TXP because I foolishly believed that Calamity Baay was capable of doing his job better than a monkey. Even a monkey could have closed Central 6 months earlier with a raise price above 20.5p with respectable partners. Having said that, you also benefited from PLSR and TIG - have you landed in profit from following my recs? Sorry if not, but I put that down to Calamity Baay as the assets are excellent, as you know. As for PLSR, I've sold down my TSX holding. I think it's going to retreat over the coming 6-8 weeks until the drill results start coming in. I'll re-enter prior to this point. It may be worth considering this if you are still holding.

Aye, you are as m@ronic as Zero if you think Q3 results are going to be anything but terrible. Why? Because they haven't completed and hooked up a single well all year. Just diluted us hugely, and paid millions in mgt fees and a busted well. And once again, you are talking of Casc 5 as if it's already a huge success. I keep saying that Calamity Baay hasn't done a thing right for the past year, and pointed to this as greater evidence that we'd get a dog ate my homework excuse for Casc 4. Deramper was the cry. And where are we now? So let's pray that Casc 5 is the one thing he gets right this year, otherwise we're f@cked for production and more likely the remainder of the loan capital. As for Casc 4, he's already given his excuse. You're just too gullible to see it.

I'm fine to share my details (securely). Are there brokers or middlemen that handle such things? Shame we don't know the name of the 20.5p raise participant, as I'm sure they could call it alone. They must be apoplectic with rage right now.

How in god's name can anyone not b@sh the stock, Zero? Tell me one thing that Calamity Baay has delivered in the past 12 months. Just one. He hasn't hit a single thing, development, timings, budgets, forecast production, or even been able to close two acquisitions without decimating the share price. Plus, he has misdirected, misled, and deceived shareholders. These are indisputable facts. But tell me Zero where have I gone wrong? Oh, and tell us about that +1m shareholding of yours and your average. Losing lunch money is rarely a problem is it.

Oh, and as for PLSR, you're welcome. It p!sses me off that you made money from an investment by following me around.