Member Info for Scott22

Well something is an issue. Suggest you pull up the 2 year chart.

https://www.lse.co.uk/ShareChart.html?sharechart=JLP&share=Jubilee-Metals

Moneyman64: There is more than that to it. I bought some PICK Global Metals and Mining EFT about 2 1/2 years ago when I bought the Jubilee shares. PICK has exposure to PMG metals and Copper too. That EFT has done poorly, up only 3.61% over 30 months. But JBL is DOWN 55%. (and I bought it on a dip.)

Thanks Mikiesunday: Nothing I would like better than a mad scramble for shares. For the last while it has been a mad scramble to exit the shares.

HD: I am thinking of changing my screen name to Happydays44 just to improve my mood and outlook. Always enjoy your input.

All bleeding stops. But it is best if it stops while the patient is still alive.

The next six months should be very positive for the company and the share price as well. Production is about to increase not ten percent but TEN FOLD. Truly remarkable. And that sets stage for self funding of robust development and exploration programs. (usually a sweet spot for small oil and gas companies). And the exploration opportunities (already sizable) will increase further if they get awarded new blocks in the pending on-shore bid round.

For many reasons, but the long period of erosion of value has been pretty brutal. Seems to be red every single day.

Have lost interest to be truthful, but there is so little to salvage that I will just let it die of natural causes if that is what is destined to happen. And be pleasantly surprised if it rises phoenix like from the ashes. Though most of the microcaps that do that are not burdened by billions of shares. Would never buy any more of this. Do not even have a sell target. Will continue to follow this board and I wish everyone well. Will be more than happy to admit it if I am wrong in my analysis and for throwing these shares in a figurative drawer with little hope they will ever amount to much, if anything.

I made my bet a couple of years ago and must ride it out.

I think I know everything necessary to understand that Tai is an interesting prospect, and that the geology of the basin is very interesting as well. Lorna seems to be a good leader. So now just have to wait and see if they can line up the drill and the well services, drill a good well, and confirm a primary helium discovery. I'm not going to add more shares. But I certainly have no intention of selling any shares if they jump a few percent or even a few multiples. I am going ride it out and see whether the basin has commercial potential and if so whether Tai is the proof of that. I am not sure what that means ultimately for He1 share price but probably a lot. It depends on whether they sell the company, find a JV partner on good terms, or figure out a way to access enough capital to exploit the helium discovery (production and sales) themselves. For that they might need some support from government of Tanzania and that could happen if it is proven to the government that helium could really become an important national industry.

I made my bet a couple of years ago and I must ride it out. It is sort of a binary proposition at this point. And if it hits, then I will let it sort itself out.

I do not see how one can fault negative posts as they have been pretty predictive of the share price collapse. On the other hand positive posts are also welcome. But check back in 1 year and in 2 years to see if they were equally warranted.

Confetti shares does not even capture the share situation. I prefer "Sagan shares". As in billions and billions (with proper accent) shares. Should have passed on that account. Learnings even at advanced age. (I am sure someone will say, market cap is what matters, not share count - but I do not want that discussion )

It is very quiet. VAT news is good. Next items will be Star Valley move to C pad, Service rig to Royston Pad, and hopefully results of bid round. Then the big one - Cascadura facility goes into production - a lot of details will get attention at that tims. Supposed to be end of June - that is only 6 weeks away. That solidifies cash flow and sets stage for a real continuous drilling program by Star Valley Rig. So far since back in action it has drilled one well smartly, but is mostly parked, Then the quiet time will be over and there will be steady news to think about and discuss.

happy sparrow, it might make sense to build the connecting pipeline early while drilling on the C pad. But there might be additional long lead time items to order for the production facility at the main facility. They might need an additional separator. They need to figure how much liquid they can truck from the main facility. They are still planning a liquids pipeline from that facility south to the main oil pipeline terminal, but maybe that will change if they acquire the Rio Clara block and the Balata East terminal. Anyway there are so many things to work out that I would be happy with optimization of Cascadura field gas to 90-100 mmcf/day (plus accompanying liquids) by year end 2023 and a nice boost to 200 mmcf/day by end of 2024.

yes, very sorry, Cascadura ramping to 200 mmcf/day by end of 2024. That was a typo.

Stuff should start happening.

1. Royston 1-ST) had been completed and cased. It is being tested. (sub-thrust and intermediate). Results should be out within a few weeks.
2. Cadcadura field is set to come on line at 60 mmcf/day by end of June 2023 with optimization of first two wells to 90 mmcf/day by end of 2023.
3. Cascadura C pad is nearly complete and two development wells there should be drilled in Q3 or Q4 2023.. They will not come on-line until well into 2024 because a 1.5 km pipeline from C pad to the main cascadura facility has to be built and maybe some additions to the facility itself will be needed to ramp production to 200 mmcf/day by end of 2023.
4. On-shore bid results were due April 9. They are late, maybe arrive in next month or so.
5. They are waiting on approval of Rio Clara asset swap. Should happen by end of year.

Those things are pretty certain, as certain as can be in Trinidad. Importantly Cascadura field coming on line and ramping will create increased production and revenue quarter after quarter after quarter - and will accelerate developmentt drilling and further exploration drilling on Ortoire block and on any new blocks they get in bid round.

Other possibilities where sequence and timing is less certain include:

1. Several development wells at Royston if current tests are favorable. Probably Q4 2023 or Q1 2024. Royston oil wells can go onto immediate production further increasing production and revenue.
2. two Coora legacy wells late 2023 or sometime in 2024, one with a deep test for underlying Herera resource
3. Kraken cretaceous test (HUGE) probably Q1 or Q2 of 2024. As I said - HUGE.
4. Optimization of Coho 1 production once Shell can accept the gas (late 2023) - and maybe drilling a Coho development well to double production there. (Late 2024).
5. Some sequence of chinook up dip well, steelhead and guabine exploration wells (all on Ortoire block) , and as yet to be determined wells on Rio Clara block (once acquired) and also any new blocks acquired in on-shore bid round. Likely all that late 2024 or 2025.

That is a lot. Just saying. After a long stretch where Star Valley Rig was parked and nothing much happening except puhsing ahead on the Cascadura facility.

Not at Royston site. Seems to be nearer the Cascadura C pad. Unclear if it could be brush fire or grass fire. Not likely from any flare of natural gas. Was just exciting for a minute.

You are right. I have pretty much drifted away from participating on this board but I do read it and there are a lot of good posters here that I appreciate. The trouble with ignore is there are two sides to every rant and you can get the gist from the responses and hearing one side of the conversation. Anyway I should not have been triggered. I won’t again. I just hate to see a good board unravel - and that happens all the time. It has not happened here yet. It is kind of an exciting time period for TXP with lots of balls in the air and outcomes that could propel the shares higher - or sink them lower if disappointing. Best to all including DH.

Final bids for Noble farm-in (or farm -out, which is it?) is April 26. If not conclusive, then Helium 1 may have to bite the bullet and sign their own contract. Cannot miss another year.

If it (this advice) is good for the goose, it is good for the gander.

"... as long as you keep your personal stuff away from the bb as well - then I have no problem.
....I'll also gladly educate you of some of your technical ignorance(s) / mis-understandings"

"all I was doing was calling a prat a prat - so really don't see what is wrong with that?
It would be interesting to see if you were willing to state such insults to my face if we were to ever meet as opposed to behind your laptop?"

"You then attempt to "shame" me about name calling, ffs if a twat is a twat let's call it one, what's the big deal?"

"Why don't you just apologise for being rude then I'm sure I can guide you in a more friendly way when you talk cr*p again?!"...
Waiting for your response buddy?"

In my humble opinion only, DM is almost a prototype message board irritant/wrecker. Who else talks like that? And adds so little. And will never leave as long as he gets a response. Sorry guys. I won't comment again on this topic. I can only pray that he has me on ignore. I am not interested in his predictable response.

I hope he does well in TXP, because if he does, then I do too. But that does not require his presence here. Nor mine of course. It is a very interesting time for TXP as many separate threads are advancing within next few months. Royston-ST results, on-shore bid round results, Cascadura on-line with details about initial flow rate, confirmation of Rio Clara asset swap, spudding of first of two Cascadura C pad development wells. Optim,ization of flow from first two cascadura wells (will that really be a 60 to 90 mmcf/day jump as Casca-Deep cleans up?" There is a lot more right behind that. Including potential for several Royston development wells and most importantly a dive into the cretaceous with drilling of the Kraken monster well. I am thinking Q1 2024 for that. And there will be 3rd and 4th Q results which will begin to show the actual robust increase in production and revenues that is projected and will continue all through 2024 as well.

Nice post over there. Discord is great but a little complicated and it took me awhile to get used to it. Lots of good information. Started to wobble a little and I am taking a little break from posting, but I am still reading it every day. Moderator is pretty good at herding cats. Just that every board once it gets to a certain size gets a few zealots who rant the same message again and again. Nothing terrible there, just I am tired of "management sucks" 50 times a day and getting drawn into the same discussions every day . But that is only really destructive when if veers to political and philosophical and theological diatribes, which it really has not.

The plus of Discord is deep knowledge and connections and willingness to share. Plus the site structure which allows photos and files and archiving. It has been very fun. And useful. TXP story is very good story. It is still intact. We are in an early chapter. They have not even started what will be a massive ramp of production and revenues. My conviction remains high (compared to universe of other small cap high risk high reward microcaps).

In my case this topic is not necessarily uncheerful. I would be 105. There is no "new 105". So I will cheerfully pass on that. (or more accurately before that).

I know I will be dead by then. (30 years).