Member Info for rossannan

Https://www.bbc.co.uk/news/articles/c937kqxyy5wo

By next Easter perhaps. Worth the wait.

Eventually the market may start ignoring Trump’s pronouncements, once he has contradicted himself often enough (which he has arguably done already). This feels like a great entry point to me and I would not be surprised if (please forgive the ramper cliche) some opportunist now tried to take us out on the cheap.

I am a happy holder who can see the value here and understand the long term (very TSF sensitive) prospects, but I’m not clear where the current momentum is coming from, what with the gold price currently in a tug of war with the oil price. Has there been fresh coverage or is a Twitter ramp underway or is it something else?

Good relative strength on a down day for gold. Has there been more coverage?

KEFI is a special situation given its recent raise - it is no surprise that it is not following its peers back up.

Sticking with my prediction of 15p+ if gold regains $5K though.

Frankyee

“I definitely don’t want to be a troll or a fanboy”

That is wise. For me, the picture is now a lot clearer: TXP’s disappointing trajectory seemed fairly obvious before and has now been largely confirmed by the last two releases. I have therefore removed it from my watchlist.

A number of PIs seem to have followed the Discord Crew into significant losses. Sadly, PIs often choose pied pipers over having honest conversations about risk and reward or reading between the lines of company announcements.

If, even after the last two releases, there are still folk who want to be guided by the Discord Crew, I’m very unlikely to change their minds. So that’s all from me.

Frankyee

In just one day (April 1st) you’ve gone from a first ever post that talked about the possibility of “lights out” to almost being a true believer! Those exchanges with the usual suspects seem to have got your mind right. Not suspicious at all.

Really? Not a lot of footfall on here, which I think speaks volumes about GDP’s profile.

Second that.

Andrew

You really do not have enough information to call this a “promising start” for CR-3. CR-3 is still a long way from stable flow rates - there is no clear indication of what these might be (and no guarantee that CR-3 will even clean up successfully). If stable flow rates are achieved though, how will they compare to the “intermittent peak rates of up to 5.7MMcf/d during liquid offloading”?

You must realise how Paul Baay works by now.

All the best

Ross

A great effort by everyone this afternoon trying to talk this back into positive territory. I’m sure that the financials tomorrow will help. And maybe the Discord Crew will have their stories straight by then. Failing all that, there’s always “PR Wednesday”.

Joking apart TXP bulls, is this one really worth the effort? In recent years it has been a lot easier for PIs to make money by avoiding TXP’s end of AIM and focusing on asset allocation rather than stock selection. I don’t think that opportunity is over yet.

No need to sell your TXP shares if you need cash then - just tell your lender that Malcy “remains confident”.

A Freudian slip, perhaps.

There’s a massive, continuous reservoir of something here, certainly, but I don’t think it’s hydrocarbons.

Ayecuramba

Why did you say “not long to wait now to know” when the market had been open for 18 minutes? But you’re right, I’m not going to hang around waiting for the Discord Crew to get their story straight - that could be a long wait. I’ll check in again tomorrow for the financials. I’m sure they’ll be fine.

Ayecuramba

“at least wait until the market speaks”

The market has now spoken. Tell me I was wrong.

Ayecuramba

“feels like a good day for me”

I think you’ll find that is not the market’s verdict. John2727 sold a chunk of his TXP about 10 days ago. I wonder if he sold any more last week and if he will be selling any more today.

“CR-3 has demonstrated intermittent peak rates of up to 5.7 MMcf/d during liquid offloading”

“my gut instinct is that the most likely CR-3 result is one the significance of which is not immediately clear - neither a ‘make’ nor a ‘break’”

Nailed it. The Discord Crew will just be wasting their time trying to argue otherwise. And I note that gains from CB optimisation appear to have failed to match declines elsewhere.