Member Info for rossannan

Hardolestation

To point up the kind of assumptions on which they are basing buy/hold decisions, such as your “99% chance of 2-5 mmcf” or ab76’s apparent 75% chance of 7 to 10mmcf. My argument is that on AIM there is always time to wait for the actual data and then make your decision on that basis. It’s the difference between investment and gambling.

Hardolestation

I have no idea, which is why I don’t currently see TXP as a good bet either way. I would argue that the smart thing to do might be to wait until you have that information before taking your long or short position.

Hardolestation

Indeed. Let’s see what happens.

Maybe for once Paul Baay has had the sense to lock the dog in one room and the homework in another.

Hardolestation

“99% chance of 2-5 mmcf”

There we go.

Andrew

So you’re saying that you think there is a 75% chance of 7 to 10mmcf?

Ross

Sturm

Wait and see.

Andrew

“Prospects of a successful CR-3 result: 75%”

What is your definition of “a successful CR-3 result”?

Ross

“There’s not long to go now until we’re due to receive news on Central Block”

Make or break: place your bets. Or stay well away (recommended).

Boomerang180

Like I said, the majority of the posts on here are just noise.

Aligator

“Has there been an exchange of information on CR-3 which has elicited this increase?”

That would be very wrong.

Cornstar

True dat.

Boomerang180

“So a lot of time checking in and reading and answering posts”

You flatter me. I don’t read the majority of the posts on here, which are just noise. I am certainly interested in posts from the Discord crew because they tend to do the most damage, but if you look at my responses to those I am just repeating the same basic points. No significant time or effort is required. This all leaves me plenty of time for a healthy work/IPA balance.

Boomerang180

“I don't get why your spend your life here”

How long do you think it takes me to write my posts?

As NAV_Mike correctly observed:

“Let’s not forget that although 255p was disappointing, you could only have recently got that price since the end of February....and highly unlikely on 60m shares.”

Onwards and upwards while this crisis lasts, with the possibility of a U.K. Government rethink on the North Sea always in the background.

Nothing is going to happen that fast here - not really sure what there is to post about - it’s all about trusting in the Lassonde Curve (which the traders don’t have the patience for). I’m sure we’ve all found ourselves at the wrong point on the Lassonde Curve often enough - it’s great to be at the sweet spot for once.

Some (hopefully reassuring) comments on the current conflict in the region would not go amiss either.

Boomerang180

Check out my posting history for a take on TXP that has sadly been correct all the way down from the 40s.

Boomerang180

For someone who, on the face of it, only started posting on TXP today, you are rushing to judgment.

Bommerang180

Welcome to TXP.

“Following perforation, cleanup operations recovered natural gas and associated liquids, confirming hydrocarbon presence.”

Does this not strike you as oddly uninformative?

Interesting statistic. The Q1 update in just over a month will be a much more significant catalyst though.