Member Info for homebrewruss

https://www.youtube.com/watch?v=QWxUOuliTTw

Quick question on the finance for anyone that might know. Are they just waiting on the project development faculty being released once they reach certain milestones or is further finance required from elsewhere?

Dana, the presentation was at 10.30 this morning. According to buffythebaffon on advfn pb was relatively subdued and there's some speculation that the nomad might have asked him to dial down the exuberance for some reason.

https://www.oilcapital.com/register/event_details/234

It's too early to comment on timescales really. As PB said in the interview today they have a pipeline a few km north of Cascadura they can tie into but they need to get a grip on what they have plus Chinook and Royston before they can come up with plan which encompasses everything. Coho should still be tied in later this year though as already stated.

https://www.youtube.com/watch?v=crjwzZtCujw

A possible lookalike well from 2002 on carapal ridge: https://www.rigzone.com/news/oil_gas/a/1767/vintage_petroleum_provides_update_on_trinidad_operations/

Spangle on ADVFN had an interesting alternative idea on Shell:
'I know this would certainly be in the realms of pure speculation, but perhaps things would go 180 deg to what you/we are speculating? Shell inherited the Carapal Ridge/Baraka asset from BG, and given their size and scale of operation, I don't believe it's core to them. Shell, like many majors, is divesting mature assets. Maybe the deal is actually for TXP to consider taking over Carapal Ridge, in some innovative forward financing way like SQZ and RRE have achieved in the North Sea, and using it as a hub for Ortoire. Now that WOULD be a game changer. :D'

Don't worry about Malcy, listen to Paul in the proactive interview I posted - he's very bullish

https://www.youtube.com/watch?v=dFkfb1QuaLk

Touchstone positive on Trinidad LNG results after 2019 boom (TXP)
https://www.valuethemarkets.com/2020/01/20/touchstone-positive-on-trinidad-lng-results-after-2019-boom-txp/

Ravenswood deal done: https://twitter.com/ResoluteMining/status/1217329049116110848?s=19

LOL starbuck, yes they are, but I'm just trying to be factual. Number of shares in issue is around 619m so market cap is nearer 24m.

Starbuck, it is good news but show me other companies on the 'industry standard pe of 10 - not these days, plus I don't think the market cap of 13m includes the recent placing and issue of shares from the acquisition

It looks like they have got the bond away at 8.75% yield: https://www.aix.kz/aix-market-notices/2019-12-09_01_market-notice-yield-and-cut-off-price-announcement/

https://youtu.be/aFm44huLuJc
From a few days ago on Crux investor

Here's the podcast: https://audioboom.com/posts/7418736-vast-resources-polarean-imagining-savannah-petroleum-and-glen-goodman

It says in the RNS that it's only been happening since 5th July

Value the markets podcast:
https://twitter.com/ValueTheMarkets/status/1148596886217076737

Good luck chaotic_calmness and all other holders.
The new chairman and approach sound more convincing at this stage but it's come at a massive cost for existing shareholders.

I've sold out now but will watch with interest from the sidelines. I've taken the alternative approach of putting my remaining monies from here into something else that I hope will double in the next 12 months or so.