Member Info for highlandmatt

Nico - I think the fact that you can disconnect the FRSU and sail away leaving little to no legacy is a great selling point in terms of a marketable / defendable interim solution.

Reading the PrimaryBid allocation email states:-
Your allocated shares are expected to be admitted for trading on the Admission Date indicated above. You should expect to receive these shares in your share account after this date. The time it takes to transfer shares into your broker account may vary depending on the settlement procedures of your broker. Some brokers may require you to complete a Consent Form before PrimaryBid is able to transfer your shares.

Maybe tomorrow.

My PrimaryBid allocation is not creditted to my iweb account yet.

BRV - Good posts, but I don't think it was me that recommended the 100bagger book.

Mou1 test April. Mou3 drill May/June? I'd say inside 3-4 months.

@Nordell - yes, but about 1:6 Char to PRD. Just waiting for someone wanting to buy a gas field close to Europe. Of course, if Mou flows, then that will be way more attractive.

Tramadol is still pretty heavy and addictive. Had it post op for a few days and was in la la land unable to make any decisions. Got off it ASAP.

Yep, 'over 100' ;)

Some dilution is to pay the vendors for Rhein.

https://www.touchstoneexploration.com/wp-content/uploads/2023/03/Corporate-Presentation-March-2023.pdf

Slide 12 Royston is interesting. Currently ascribed 2P Reserves of 3.5million barrels, NPV pre tax $70m. However, best estimate is over 100m barrels. So times that $70m by 30 = $2bn. Even taking tax out leaves 500m - 1billion dollars. And we know the Intermediate has flowed.

Get a good Subthrust result, and another well in there to increase the data points for the reserves, and you have a very significant business.

Not unless some of that actually flows back to Scirocco. At the moment it's all heading out.

Stable production, life of mines a decade, product prices good, profitable and debt free, dividend maintained and 8.6% yield.

Not a bad update to be fair. EAG progressing and doing the due diligence instead of Scirocco. Shame it's not generating enough to fund the next AD plant yet. The fertiliser byproduct stream is a good improvement and a potential revenue stream either fitting or fitting and managing for other AD plants we don't own.

I would imagine PG would have a good conversation with Xavier Moonan at Touchstone TXP.

Dilara - once Buffalo had failed, and the company you invested in had nothing, what was the BOD supposed to do? Do you expect Tulip to give us Rhein for free?

10.5 billion shares.
At 0.11p = £12m mcap.

Well, so far we've gone from 100% ownership of a company with £2m mcap with no cash and a very uncertain future, to 15% of £12m, cash in the bank and a plan.

RNS out. Bang on cue.

Anyone attending/ attended? Thought we might have an RNS by now...

Tomorrow. Today is the deadline for voting by post.