Member Info for rossannan

You hold 1% of a company about which you say “Ross... because they are on the hook for 60mln ! When you owe the bank that much money it becomes their problem !” Really?

Sirmark

“Ross... because they are on the hook for 60mln ! When you owe the bank that much money it becomes their problem !”

Wow. That’s your argument? Are you secretly looking to short this?

Basically, where is the logic in Republic letting TXP off that equity raise obligation?

“Two very good RNS’s in 7 days, the bank will like and will more than extend the loan covenant IMO”

“CB production, Ortoire production, backdated CB payments as believe they are still waiting for these, VAT money next month?”

“This should be in the 30's - 40's with our assets and production. VAT bond cash end of this month as well as the cash from our first LNG shipment should be more than enough to finish Cas4 and get Cas 4 & 5 hooked up and on to production maybe as soon as end of August / early September.”

“PB has always stated the good terms he has with the bank in Trinidad, now we have hard figures i susspect ,the bank will be ready to help.”

How the funding issue is resolved will tell us a lot about the reality of TXP. The local rampers seem to be suggesting that a placing can be avoided. If one happens anyway, maybe they should revisit the rosy scenarios they have been outlining on here.

They should, but they probably won’t.

Is no one prepared to venture a figure for what the PRIM debacle could net PR1?

What is the correct compensation - can you quantify it?

And those who bought in at 20p? 40p? 80p?

As janedoe suggests, funding is still the elephant in the room here. This will not be investable until that is resolved.

Stas20 - is that a good comparison? Is it not all about how quickly the capital cost, however large, is paid back?

These kind of setbacks are almost always a buying opportunity if the balance sheet remains sound. They are unexpected second chances.

Supersport - “troll”. That’s original. I have been trying to warn folk off this one for over a year, since it was at 41.25p. I hope I gave some folk food for thought and that they either decided to sell or did not invest in the first place. Over the same period, indeed for a lot longer than that, Johnoxx and che7win have basically been encouraging them to lose money here. But I’m the one you’re calling names.

Stas20

“thus just ask yourself why?”

Let’s hear your theory.

Spins what?

Supersport - I would refer you to my posting history where I cover this at length and in detail, but the proposed acquisition of TRIN was the catalyst.

*GPM, not GDP! GDP is a good example of why small is rarely beautiful on AIM.

Gold, silver, copper, but mainly via decent sized miners (not AIM, GGP and GDP excepted). Oil and gas too (generally not AIM, PTAL and a couple of others expected). And solid dividend payers in other sectors. But for the last few years it has mainly been about gold and silver miners for me.

You may be right, eventually. TXP is imperfect but BTC is just a delusion. Or if they both fail at least TXP won’t bring the US economy down with it.

Aligator

“Please cease from this incessant ‘the rest of you are idiots’ mantra you have adopted.”

Saying that someone is wrong about TXP is not the same as calling them an idiot. The fact that someone has a different opinion about TXP says nothing about them as a person, and I would never suggest that it does.

We all get shares wrong, often when we get too close to them - the likes of Discord and Telegram have a lot to answer for.

The worst I would ever call someone is a ramper (when I see them persisting with a wishful thinking narrative in the face of all the evidence) and I will also call out untruths. That is it. As soon as you stray into personal abuse, you have lost the argument.

Aligator

“You clearly have no understanding of the way banks work nor the influence of governments on the banking system when their economy is pressured (oil & gas being almost 50% of the T&T economy).”

No? Let’s see where the money is coming from then when the RNS finally drops.

The idea that any lender is going to pony up the missing funding.