focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
https://twitter.com/touchstoneexp/status/1006512118772822016?s=21
TXP seem to be excellent at updating the market in a timely way and with good news, i don't get why it's not being reflected in the price bar a big background seller TRIN took a long time to push on but we're beginning to catch up with them in terms of production, if Baay can continue to refine the process and make the operation more profitable per barrel we could be looking at double the MCAP imo
Trin MCAP �71m @ 2,700bopd TXP �19.35m @ 1,500bopd and accelerating fast TRIN is more profitable based on lower cost work but there is also CLN and debt which is being repaid so the price imo still has further to go... TXP is undervalued and we'll be seeing this soar much higher
very pleased as i had a main holding and bought/sold a few more on the dips - keeping an eye on the board was extremely helpful so to anyone looking in this one is a valuable resource TXP i've got high hopes for aswell - we'll see how it goes As for TRIN the daily mail coverage was a bit of a red flag - did think that would cause an unsustained spike but it may have come at the right time, paying down debt at a rate of knots and a lot of good news on the horizon. Bit concerned the avg. bopd seemed to fall a little last qtr but looked like it was well-reasoned
Good to see your holding is picking up! I did sell my holding on the first rise up which was unfortunate seeing the last couple of days - this is probably the most solid AIM holding anyone could pick at face value but after seeing move to 18 three or four times over the past year i sensed 20p was going to be a tough nut to crack this year - proven wrong and lesson learned! Will be keeping a close eye to come back in but pleased for the LTH that bought in before me (8-11p) GLA
He had already communicated that this was a planned sell, nothing to be concerned about
Fingers crossed if it is around 5m left then two weeks max should be the end and we can hopefully move back up to more reasonable levels
Yep! It will be a while before they let it go to 20p albeit it deserves to be there - for the MMs an influx of buyers that have seen a tip in the newspaper could be easy money to drop it for a bit and have it sit on a negative % for a few weeks, they sell up and then raise it again
I think any negative opinion on any share is healthy because it provides a good balance to everyone that overlooks any negative to ramp the price but if you're posting information it should be based in context sellers, yes - stopping, not yet.. more to follow? unlikely imo My theory is that once the current seller has finished the BOD will begin to release positive news that there is little point in releasing while there is selling pressure. I would like to see a few more director purchases to demonstrate they feel the price is abnormally low but the recent grant of options was a good sign that everyone is incentivised to get it moving to 15p minimum Happy weekend
lol your chat history in the last month has just been you spouting rubbish on here with nothing to back it up - bore off
Two big sellers yes, one down to cutting ties with the company and as far as I can see he does that with any company he's no longer involved with and the second again a genuine reason - question you have to ask yourself is do you think the company is worth 7p a share when it's in the strongest position it's been in for years? i'd personally say it's worth a lot more than that and hopefully patience and time will prove it
Good luck to you Teddy! Co. Has been poor at generating any interest for over a year and the interims haven’t been kind to the Sp, I may hold to see if there are some director purchases but I think your 3p is a little ambitious!
Lovely buying, keep em coming!
Amounts due to the Board of Inland Revenue ("BIR") and Ministry of Energy ("MEEI") reduced to US$5.9 million (H1 2017: US$10.6 million), US$2.9 million below the amount envisaged under the ratified repayment plan The Company's net debt position was significantly reduced to $0.1million (2016: $38.0 million). The net debt position includes the amounts owing to the BIR and MEEI, the face value (including accrued interest) of the Company's convertible loan note ("CLN") of US$7.0 million and other current assets and current liabilities. The net debt position would have been even stronger but for the Supplementary Petroleum Tax ("SPT") arising in Q4 2017 of US$1.5 million and an accrual for property taxes which may be due in respect of 2016 and 2017 of US$1.4 million. However, this accrual may be reversed in H1 2018 if the bill currently before parliament waiving the property tax obligation for 2016 and 2017 is passed. ------------------- How does this stack up? May be an obvious explanation and can we consider CLNs almost paid off?