Member Info for rossannan

Sturm

Enlighten me.

Sturm

Really? What has changed?

Cornstar

“then why waste your time on here”

I refer you to my previous answers.

Spudpeeler

What’s coming is the FY/Q4 update, which could be a bit of a reality check and, probably a few days after that, the CR-3 result, which could go either way. Very happy to be on the sidelines - I have zero interest in this kind of “investment”.

Chesh

“someone owing some else a lego Deathstar”

I wasn’t part of that bet, sadly. I remember folk even challenging each other to boxing matches. It was all absolutely mad.

Spudpeeler

“day’s not over yet”

You must be right - longstanding TXP commentator CrudeTrader agrees with you.

Spudpeeler

You said the 12s were coming by the end of this week. Currently 10.75p. Wrong again.

Spudpeeler

“that’s why I’ll leave my holding here”

The interims are imminent - be wary of that reality check.

Whatcangowrong

“Could be an acquisition target.”

Could be. Anything is possible. Could also be a pump and dump - there are a lot of new names on here suddenly. Or it could just be the “benefit” of the Iran War trickling down even to the likes of TXP. My three O&G stocks, all much bigger than TXP, are up 5%, 15% and 28% over the last week.

Yes, your ramping was clogging up the BB but there was no point keeping you on filter once LGO was down to nearly zero. You have to admit that I was right about LGO and you were wrong. Your MO wasn’t that dissimilar to sirmark’s in fact - I would suggest that folks take you both with a pinch of salt.

Chesh

Long time no see! You were a big LGO Energy fan back in the day. Don’t worry about Sirmark, his MO is well known on here.

Aligator - indeed, but we were explicitly told that connection and testing are happening simultaneously:

“the ultimate deliverability will not be known until the well is completed and tied into the facility”

“We look forward to tying in Carapal Ridge-3 for production in late March 2026”

so nothing significant is known as yet.

Andrew

“This approval follows the successful performance of the Carapal-3 well”

Doesn’t mean that it’s going to be a successful well though.

Ross

Highlandmatt

The one that he infamously said wasn’t necessary shortly before it happened was at that point (although I think he eventually did this a lot more than once).

Sturm

Nothing significant, but looking forward a week or two, a positive for TXP in the Q4 update would be average production of more than 5,141 boe/d. As I’ve said before, trajectory is the key. More than 5,141 boe/d would mean that gains from CB optimisation are outweighing declines in non-CB production, suggesting a more stable production base for CR-3 to build on if it is successful and giving TXP a little more breathing space if it is not.

Highlandmatt

The one that he infamously said wasn’t necessary shortly before it happened?

Sturm

“Rossannan, do you loathe Paul Baay more than TXP?”

I have no strong feelings about either of them. They both are what they are. What I do find incredibly sad though is the Discord mindset: PIs getting together to help each other lose money by almost deliberately failing to recognise them for what they are. If it’s not TXP then it’s some other piece of AIM crap whose CEO may have even less of a stake in the company than Paul Baay.

Andrew

If Paul Baay stole your car and said it was to help you get your steps in, would you end up thanking him?

Ross

Stag1974

Indeed, timing is everything. TXP has arguably had its unicorn moment, but anyone who timed that perfectly did 15x in not much more than a year.

Interesting chart:

https://www.bbc.co.uk/news/live/cy0dp1l57nxt?post=asset%3A272afeb6-8b30-495a-8c54-8493d253f424#post