Open To Any Thoughts (I Am Sensitive Though xx)28 Jan 2021 13:55
As we all know, I'm a big PB fan and I am very grateful for the life changing money the TXP team have generated for me and my little clan. If PB is a Captain of Industry then my own working achievements have me waiting for the bus to take me to the recruiting station.
However, at the risk of becoming boring and repetitive, I cannot get my head around the pipeline deal. TXP handed total control to NGC. Trying to relieve my irritation/bewilderment on the matter, I have talked on the phone with a well respected poster from this board. I also read here and I seem to be the only one that is 'overly' concerned by this fact. I can't remember anybody else voicing an opinion that made me think 'I'm not the only one'.
Now this situation with minister saying Q3 for Coho, whether he was correct or not, something doesn't sit right with me. It's a pipeline through the jungle they have to be able to lay that without too much Covid risk. Especially as T&T are so desperate for our gas......
It just seems that in order to sign the 'biggest deal' TXP will ever sign, we've lost control the one thing that made TXP so amazing. Namely, our 'world class assets' We can have all the gas in the world but until we get it out of the ground it's worth about as much as me waiting at the bus stop....not a bloody lot.
If the pipeline is commenced in February I would expect a lot of 'there you go Photo, do you feel better now?' Understandably. For now though, I am feeling a little bit disappointed by the handling of the TXP world class assets by TXP themselves.
Let's hope BP play nicely and give the testing equipment to us, their direct competitors, at the beginning of February.
After PB's presentation I said to a couple of people that I felt we would drop 15p on the back of it, I was wrong, it's more than that now. I hope that February brings the news we would all welcome.
Make no mistake, I'm still a happy holder of the Mighty TXP but my niggles are festering if I just wanted to air them here.