Member Info for PhotographerTLP

Motchjv - I know you are not going to answer and that's fair enough. I like your post. I remember, as a lot here do, the first duster in 2017. I called JOG and talked to somebody and if I remember correclty they said that they hoped the sidetrack would happen but let's wait and see. I have the same feeling here today. I haven't read all the posts today as I am only just back in and maybe I missed some worthwhile information stating that it's all over? I hope that is the general consensus of course.

Am I missing the point, we still have 18% of 25M barrels, if they drill? Surely news on drilling will makes this rise again?

I just got in after leaving the house at 6:30 this morning and having been out of reception all day. Ol well......

However, GB, you sprang to mind and I had a little chuckle to myself. Seems like your plan of buying and selling and only having 500 shares was in fact a master plan for now. Good job sir. A couple of days of the normal work and ce la vie for today's news for you. Glad there is somebody not eating from the bins outside the supermarket tonight....

The first 2p rise in a single day is going to be a great day!!

A very nice start to the climb North. Come on TXP!!

Excellent news and very welcome. It's all good news for TXP in 2019 as I see it. Happy days!!

I wonder if PB will mention when the 2019 bread & butter drilling will start or whether it is still on indefinite hold? He must clarify this at some stage during the presentation I guess?

As we have not opened any new wells in 2019 (from a new 2019 campaign and not completion of the 2018 wells) and are currently producing 2,300 bpd, TXP must be banking some nice money. It's all good news I assume? Money in the bank is never a bad thing.

Thanks Gizzy.

At the risk of sounding daft.....

Firslty, the VTM report says that the gas in the first Ortoire drill could double our production, how is this?

Secondly, does anybody think we will begin the 2019 bread and butter drilling soon or is TXP banking the money and building a nice pot for now?

I’m surprised as well Tidd, it doesn’t make much sense. Ol well, this will come right. Great volume today.

Thanks All for the great board today. I’ve been out of action on a shoot since 06:30 and didn’t see the RNS. 2019 is our year!! At the risk of sounding like the legend that is Del Boy, this time next year.... when all the Ortoire drills are completed and the 2019 campaign is added....ol yes!! 25p? I think not.

When you look at TXP, it’s all good news. The SP started to reflect this excellent company but got a hammering end of last year, as most did. It’s a pity that the SP hasn’t climbed again but I am sure it will this year. First things first, let’s have news about the bread and butter 2019 drilling campaign. That would be a great way to start the ball rolling. Actually, maybe the budget first and a change to the tax laws?

Thanks Gizzy. What year this could be!! If they drill the third Ortoire at the end of the year, I assume it will be about 11 months from now that we will have all the Ortoie results. Until then, with all that is planned this year, this could just be one of the best shares to be involved in for 2019.

Good point Gizzy. When is the budget? I think PB siad when it was in his latest interview but for the life of me I can't remember?

In my mind there are three major future RNS to look out for: 1) the 2019 drilling campaign is underway. This will lead to a regular update on progress and increased oil production. By what PB mentioned, that might be this month? 2) the Ortoire commencement date is set. 3) results of the Ortoire drill. Will that be about July or maybe August? Then there are the other two Ortoire drills but much later in the year of course. A good year ahead.

Muses, AB said something along the lines of, in the case of a successful upgrade of oil reserves following the appraisal drill, there would be lots of options for raising capital. He didn't say what these would be but for argument sake, if the SP goes to £4 and they issue another 10M shares, then £40M would go into the coffers. Nobody likes to see any form of dilution, but like the last cash raise, if the money is well spent then is there really an issue? £40M plus cash already in place would make approximately £50M in the bank. I'm not sure getting funding for more wells is an issue?

As for more time to drill additional wells, of course there will be more time needed. I hope they do drill more wells, if that is what is needed and that each one keeps adding to the increase of the oil in place and therefore the value of JOG.

Morning Dick, let us please put this to bed for a number of reasons. One I don't do these kind of chats as a rule, actually, I've never had to. As far as I know I've only upset one poster before and that was a poster called Bate years and years ago. Secondly, it's really not a worthwhile use of time for everybody else having a board full up of our chats on the subject of last night. Thirdly, I really do hold you, as a poster here, in the highest esteem. That's not tongue in cheek.

As you asked me, the comparison I was trying to make but failed miserably, was this and only this....

You post realistic posts. Very positive, but to be honest, when it comes to JOG why wouldn't your posts be positive? It's a great company. In any share, every now and then a poster comes along, presently it is Muses on this particular board, who posts something that I, with my untrained eye, posts something that is the complete opposite to yourself and actually calls the sort term pricing drop correctly. That in my book makes/made that posters posts worth reading. Unfortunately, Muses and a few other posters, have allowed the name calling to start and in my opinion it's ruining this board on a daily basis. Like a lot of posters, I don't want to see a board of just positive if there is somebody who can offer an opposite view, that is either short term or long term, that might help me with my investment.

So the comparison was an attempt to show that you both have input that I wish to see and it would be really nice if I could see it without having to work my way through 80 posts of name calling. Apologies if the comparrison offeds you Dick, but it's how I see you both....currently.

I'm pretty sure Muses will be gone once the SP heads North. This is the way of things on all shares I find. Although I could be wrong? No offense meant Muses.

As for Muses calling it correctly for now, well done Muses. As much as it's not pleasant watching this weeks drift, I've no problem watching the SP drop as I am a LTH and I feel it will come back and give me a second chance not to sell too early. Daily SP fluctuations are not soemthing that bother me. Selling too early is the one that bites for me!! That's greed I guess.....

Value of the company? Way more than it currently is Dick. That's all I can say. I could repeat what I've read but there's no point in that. I'm hoping like everybody else, that the drill will find at least the mean average of 69mbs and maybe even a lot more?

To everybody, apologies for the use of the foul language last night, stars or no stars it won't happen again.

I won't post on this subject anymore Dick. Hopefully the above clears the air otherwise the weekend in Ajax's exotic caravan might be a little awkward......

Ferroty - not at all. I think there has been a total misunderstanding here and not from me. Dick is one of the only posters I actually look forward to reading. No insult meant to other posters. I find him/ her very knowledgeable and his dry humour very humorous. Ol well, what can we do but put it down to the keyboard and the way messages are read. We shall all get over it......maybe.....

Blimey Dick, I think you have got my post all wrong. I actually respect you greatly as a poster. Please save your venom for others as I have no issue with you. Do I regard you as a damper: no. Why are you questioning my LTH status? As it happens, I am. I sold too early on the back of the side track (five figure profit but too early) and I also made a few hundred pounds around the £3.80 mark, but ultimately now I am in for the long haul. Does that make me part of the LTH Club? As for my opinion on JOG SP? I wish I was clever enough to predict that. Good for you that you have loads of shares between at such a low price. Not sure why you are so cross with me Dick?

When it comes to bars you’ve got me GB. Not my thing. I don’t drink in public very often.....I can’t be trusted!! In fact it’s once a year when my mate comes home from Japan. I wonder if we are still banned from the Oxted Inn? Although, Ajax’s exoctic caravan party might let you see my true self. Prepare yourself GB!! Mind you, the way the SP went this week, we might go to those bins out the back of Morrison’s? Ol well.....still hoping for £10 a share and a big fat box of Lindt balls for the weekend.

Uracca - you know that when it comes to Lindt, one is never enough!! When I was butler/estate manager my boss in Vienna took me to one side and asked me why I thought the chocolate expense had risen so sharply since my employment. She had a twinkle in her eye and actually had a bowl of the little devils on the table whilst she interrogated me. She knew me oh so well......

I wonder if I ever indirectly worked with Graybird as I worked with a lot of ex SF guys in the nature of my work? A bloody interesting life I have to tell you......I kind of envy GB that he is still in it.