The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
LV1991 (on Friday 8 Septemebr):
"RE: RNS 8 Sep 2023 11:15
Indi / As I have said, this time I have not traded it, I have bought and held, and am still holding, so I am not talking it down looking for a cheaper re-entry and what a ridiculous statement to think that a few posts on a board would achieve that on a company with a market cap of £155m"
LV1991 (on Tuesday 12 September):
"RE: Tough times ….Today 13:49
Not really Tom, sold 50% of my holding last Friday...."
LV1991 - you are trading it; which is perfectly fine. However, don't come on here de-ramp now you've sold and are looking to buy-in once again to trade.
LV1991 if you sold up last year, why are you still here? Unless you are looking to trade/short once again:
"LV1991
Posted in: TXP
Posts: 63
Price: 70.00
No Opinion
I have given up on TXP...30 Sep 2022 15:32
I can't complain, I have traded TXP and held TXP in varying amounts over the last 2 years and overall done very well. I started selling again when we hit £1 again and sold out my last small holding yesterday. No doubt there will be an RNS on Monday and the price will shoot up by 25% and if it does I will be happy for all the LTH's here to deserve it. Both the climate in T&T and the delays on Coho and the poor communications have led me to lose confidence in the story and although the fundamentals remain intact, I don't think any of the future timescales will be met. In the meantime and especially with turmoil anticipated over the next 6 months, I think there will be safety in cash and good opportunities in the volatility. Never say Never and I may well be tempted back again, but the last 5 months have been exasperating and could have been handled so much better."
Just wondering what options are under consideration by the company in relation to MOU-2. Do our resident experts think it will be re-entered at some point soon or will the company choose to finish working on the other wells before returning to MOU-2. Your thoughts would be appreciated.
Thanks for your reply SpArmada. When comparing the images for 16-2 to 36-2, the wellpad area for 16-2 is clearly visible on the images, however there is nothing showing for the 36-2 wellpad. I would've expected to see at least something which looks like a wellpad.
Perhaps the well-versed could shed some light on the lack of satellite images showing 36-2 activity. With all the work going on over the last few months, I would have expected to see something on the satellite photos. Unless 36-2 is located in a satellite blackspot.
For information, I'm using coordinates 38.84907 / -109.98661 for 36-2.
When produckng 72000scm,at a price of €0.88 per scm.
So should be earning around £7m per annum from Selva. That's outstanding for a £18m market cap company.
Thanks for the info Varnish. Much better trading volume over the last couple of days. And many buys are showing as sells on lse's trades page.
Latest GRH tweet :
"I now believe that
The term 'CREAMING CURVE'
was coined by none other than
Paul Baumgardner
and his colleague
Lonny Griffiths
I have NEVER before witnessed anything like this...
It is off the scale
And happening in real time
#PRD
That's it🔥"
The CPR report in the prospectus is dated 13th July 2023 :
This report was prepared in accordance with standard geological
and engineering methods generally accepted by the oil and gas
industry, in particular the 2018 SPE PRMS. Estimates of
hydrocarbon reserves and resources should be regarded only as
estimates that may change as further production history and
additional information become available. Not only are reserves and
resource estimates based on the information currently available,
these are also subject to uncertainties inherent in the application of
judgemental factors in interpreting such information. TRACS
International Limited shall have no liability arising out of or related
to the use of the report.
Status: Final
Date: July 13th 2023
Revision: 00
Approved by:
Approved for Release by Mike Wynne