Member Info for Goodbody

£1.50 - £2 easy, but that’s in a rational market where MMs are doing their job not taking the pi55.

£1.50 - £2 easy, but that’s in a rationale market where MMs are doing their job not taking this pi55

the drop today is over the top and this is just being ripped apart by traders who Probably want in. No reason for TXP to be this low when they have said the oil prices will not effect them and they are in a strong commercial position with local gas demand.
Sad to see this happen but greed drives I guess.
GLA

https://www.dailymail.co.uk/news/article-8115879/COVID-19-Australian-researchers-CURE-coronavirus.html

They should ban shorting when extraordinary events like this happen

https://bit.ly/3d3akC8

No ones selling!
So why a 9% drop....Oh yeh....MMs fishing!

Well, we have had no TR-1s so north is holding and that’s a good sign that II’s see the value here.

I think Trump nailed it last night. Say what you like about him but bringing in the CEOs from majors was a master move. They will not mess about and will reassure investors that government will do the right things.
And saying he will buy all the oil and fill the US reserves right up!!!!! To the brink as it’s such a good offer from the saudi’s, brilliant. Sell it back in the years to come at a tidy profit. Oil spiked after and once they start buying it!!! What next russia, Saudi??? Your move ??

Seems like the market is waking up to what PB has to say.
Could not be in a better stock right now

that was a nice little extra about the Cos. basically technical drilling risk is left.

just reading my last post...insulated......not insulted lol

Yea it will be bigger for sure, but its massive anyway!
For me, its his last comment thats key, how many CEOs can stand and say; we are insulted from whats going on in the rest of the world!!
Take a look at our drop. 25% down since placing finished i.e baselining at 40p on the 25th feb.
BP down 35%
RRE down 60%
HUR down 35% from that day...
And 10% was today. Shows the underlying strength and MMs know it! Look at those massive trades today.
This will fly! Just needs a small nudge and the Fed may have just signalled that!

http://bit.ly/2W83g10
CasCadura 40-60miliion cubic feet per day production. 100s of bcf. Will need 2 or 3 wells to drain it over 20 years life span, WOW!

Chinook structure could be 2 or 3 times bigger than CasCadura!!!!!!!!!!

Insulated from issues around the world!!!!!!!!

Completely oversold, But they have always wanted shares for many months, so they will do what ever it takes to shake the tree.

Coho is sorted I believe, but yes CasCadura will require due proceess. If they can get that online W quick then we are looking at $3-4m a month!!!! More than we could spend on new wells!!! And it just gets better as other wells get developed. We know there is shed loads of gas here. The wall of cash will grow exponentially with future wells!!! Amazing really.

Corona will be gone, sense in OPEX+ will return and we will be producing shed loads of gas with a monthly income of about $1m from coho alone.
And what many may have missed is that they plan to hook CasCadura into a main line to the north, just 3km away, which means it will be online much sooner than you may think as they won’t need its own downstream plant!!!

One of the safest places to be here!
Resilient to the wider issues. Local demand, in fact that demand for gas gets bigger if people don’t travel! But Trinidad is probably the least likely place to worry about Coronavirus.
GLA

Well that’s a risk I’m not going to take. Been burnt before trying to average down when a stock is so good. They can gap this up at any moment.

Certainly NT on buying at the moment!

GLA

There she goes!!!

Have they just filled their order, moved the ask back up now!