Member Info for janedoe

Get out until fundraising is done. Until then your money is lost. PB is not to be trusted.

What’s there to say? RNS: yes, we are on track with cas 4 and 5, CB 60% complete. No RNS until anything is done.

What D-Day. No RNS. They really don’t care about their credibility.

Break or make…

Let PB have his deserved holiday first and move on from September.

Seeing is believing. PB is not the Christ.

What happened to us here? Since when are we happy with an instagram update?

Haha wonderful! Now you’re the first one I’ve blocked here.

Rosa. Ok. Understood, then please leave us alone. You’re wasting your time and breath here.

We keep hoping for a better time every time. The last years tells us something different. So, I tend to believe that the only way to get the best out of the situation is to stay cynical and see what happens.

Money to connect is the elephant in the room. They already have maxed out their loan abilities until further notice, otherwise why a lot of time consumed to close CB deal? We only can hope the bank will grant some sort of extension the credit based on last CB report.

TXPs hands are still tied . They MUST raise US 18mln by the end of this year, or negiotate an alternative with bank, but the room to manouver is very limited, even with this good news from CB. I is not good enough. They MUST add Cas 4 and 5 if they want to make it work financially without raising funds, but HOW?:

- - “the Company will defer further activity under its 2025 capital program” until financing is secured Two CB development wells (planned) may as well be delayed.

- a new $30 million six-year non-revolving term loan facility, with no principal payments due during the first eleven months, followed by twenty-one equal quarterly repayments (i.e., 21 quarterly payments of 0.625 mln) -

the profit from CB still not enough to cover the connection

One shall not put pension savings in individual stocks. Period. Painful lesson learnt for many. So did I.

Good RNS.

Morning, SM. I was waiting for your levels. Thank you, let’s aim 20p and self sustaining business without placement. Have a nice week everyone.

I don’t have any problems with being corrected, which makes me filter people better. I.e., SM is innocent. Fine. I just share my observations on patterns. Discord: I prefer to keep less possible sources of information. To call me rude, rubbish, mad etc who is rude here now? Have a nice weekend and GLA. Things will be better soon.

Just shut up. We all know it is you who tries to manipulate the sp. Every time you write; we get a raise and just suddenly it goes down again.

SM - u sure not false breakout here? Something with 3 days rule.

Hmm... to my understanding all drilling operations/plans have been paused. Until new funding is secured, we cannot generate additional income and must maintain our current operations at the same, including CB. The loan from bank was to buy CB. The question is whether TXP has sufficient credit to cover all costs incl. CB and also initiate Cas 5? Without sufficient funds, TXP has not a lot of playing room here.

Lets go for Cas5 + CB update will be enough to make through the year with the desired drilling plans and strengthen txp’s position in the re-negotiations with the bank after missing the placement!

May 8, 2025 – Private Placement & Acquisition Financing Update

• The £15.375 m private placement was announced at 20.5 p/share.

• Importantly, the RNS states:

“The Private Placement is not conditional on the Acquisition.”  

• Simultaneously, they announced a binding term‑sheet with Republic Bank for debt funding to support the Central Block acquisition .

• It makes clear: the placement funds and debt financing are separate — no mention that the loan depended on the fundraise.

⸻

📝 May 12–13, 2025 – Amended Loan Agreement

• On May 12, subsidiary TETL signed a $30 m term loan with Republic Bank, to finance the acquisition and meet obligations under the SPA  .

• No mention in these RNSs of the loan being contingent on the private placement.