Member Info for Scott22

Smasher: You are missing my point. Not that it matters. Of course Coho coming on line is not by itself what is important, it is what it ushers in as the story starts to unfold. But that was true a month ago when posters were saying Coho would not have even symbolic importance because it was so late. That was incorrect.

Great day, hoping for smooth progression at Cascadura and a good Royston-1 sidetrack well. If that happens the share price will take care of itself. And the continuous drilling program may add (should add) new stuff.

In mid-July there were a lot of posts saying Coho coming on line would not move the share prices. Just too small a volume. Well that seems to have been incorrect. And it is not on-line yet, just very close.

Don't get distracted by worrying about the masks when the Minister of Energy meets face to face with Paul and Xavier and tweets "looking for good news soon on Coho production and pushing for more to come by year end" and "met with PB and XM as we continue to work to increase production in TT."

Did you also notice they were all wearing pretty fancy suits. And Paul and Xavier had silk ties, while Stuart did not.

Anyway the suits and the ties and the masks are all cultural statements. The communication and the cooperation and the positive messaging are what is important. I am no more upset over the masks than the ties. Maybe the masks don't work, the ties certainly don't work, the suits don't add much - but there is important work being done by the people there who can contribute to the successful development of Ortoire block and the success of the company.

Trek: Congrats on a great day. Maybe the right approach is to get on the bike, ditch the internet access, and head for the beach. TXP story is still intact. We are very early in the story. It just has taken longer than expected to get here . As long as the coming chapters unfold smoothly it will be a good read, maybe a best seller. Congrats on your other issues too. Not common to have multiple micro aps flourishing at same time. They usually march to their own tune and are more dependent on favorable company specific news than overall market or sector swings (those matter too). So glad everything is popping for you. I need a couple of thing to happen with some of my other picks but it is very nice to have TXP rise from ashes after downward grind, with clear reversal and more optimism about future course.

Okay. Make # 2 the current production on September 7, since they have that fancy radio tower. (Instead of blending that with 1.).

I have think this presentation could have major impact.

Meanwhile I am hoping this 20-30% jump off the bottom represents a reversal and start of an uptrend. Rather than just a little transient bounce like last time, when the downward grind was quickly re-established. I am hopeful a new trend can be established, and Inthink September 8 presentation could contribute to that.

I heard 2-3 million at one time - but I am not sure where that comes. NGC under the contract builds, tests, maintains the pipelines to the well head. So even all these current expenses should be chargeable to NGC.

Should use the discord group to clue him in on what info will be most helpful and what will seem like an omission if not included. Although I suspect he know that better than we do and will be working hard to fill in as many as he can.

1. Coho first gas date discussed (well before Sept 8) but also real time production to show ramp.
2. Price paid by NGC for the pipeline.
3 EIA accepted for Cascadura field.
4. NGC start date to build 20 inch pipeline to Cascadura Pad
5. Plan for firing up Star-Vally rig to begin continuous drilling program, including early sequencing of wells.
6. A few details on timing of TXP part of Cascadura facilities build out.
7. Bank financing extended to permit continuous drilling to start right away.
8. A surprise or two. Biggest surprise may get be no excuses.

Great news at Coho. As soon as the Cascadura environmental impact assessment is accepted, TXP should be able to fire up the Star Valley rig and get going on a continuous drilling program, parallel with starting the work to get Casca1-ST and Casca Deep on line by year end. That will usher in exciting new phase for TXP. Even thinking about the sequencing of the wells is fun. Coora, Coora, Royston 1-ST, Royston Deep. And when does Kraken fit in. How about Coho 2, and the Cascadura A and B development wells. Not to mention a Chinook up dip well further down the road. Steelhead and Guabine will be drilled. Eventually Royston development wells. And those are just the wells that are in clear view - there are more prospects. Anyway, we are very early in the TXP story that could unfold, starting with first gas at Coho and then the Environmental Approval for Cascadura field development plan.

September 8 is good. I am sure Paul will want to talk about Coho but also be able to talk about approval of Cascadura field plan. I am sure he doesn’t want to have to make excuses again. Presentation will be a lot more pleasant for him and I am sure TXP is pushing hard to get that wrapped up. He might even be able to talk about NGC construction timeline for the 20 inch pipe to Cascadura site.

MJ: I actually was kidding about that that. Tongue in cheek.

Meanwhile story is still intact. As long as that is true I am going to keep buying. SLOWLY however. I have a low ball bid in this morning. Small amount, will update total if I fill.

So no RNS for August 1. Maybe something Tuesday or later in the week. Or maybe just operations update with earnings mid month.

HappyDazes: you have five posts this month and this was your best -

"Morning fruit loops ... what will you all do with your time when this has either crashed and burned or multi bagged ?!"

Whether you virtually stop using this board or actually stop using this board won't be a huge difference maker unless you amp up your own contributions either information or analysis or comments or reflections or speculation. It is an interesting and crucial time for the company and pretty natural to wonder if they can make it happen - or not. And to try to find little hints. Story is intact. Hasn't been trashed. There are significant barriers to proving it and then exploiting it. Not the least of which is access to capital in an environment that is getting much more difficult with rising costs and rising interest rates and overall credit tightening. Capital markets are helpful if the share price reflects some optimism over company prospects and is trending up.

Could someone take a photo of the central block facility across the fence where that 63 foot above ground pipe is being constructed? We have all of these satellite images. This should just take boots on the ground and a cell phone.

Hope the pressure test went okay and everything is ready to open the valve at the well head and see what flows.

A lot of talk recently about how they should have raised more capital and planned a bigger campaign. Trouble is that capital raises at a few pennies create so many new shares that future gains are really compromised. Better to do capital raise after a discovery at a this point, at higher share price. I have been lectured about how share count doesn’t matter but ai still don’t see huge gains in AIM companies that have ramped their share count to 3 billion or more. Math does matter. Revenues have to ramp to 3 billion a year to earn a dime a share and pay out a penny a share. Pretty daunting. If they are very confident about Tai I am okay with going all in now. Rather than raising more capital selling shares way below potential value and greatly improved impairing future returns. It is always tough with preproduction companies without revenues. High risk even with lure of a great potential resource (size and quality).

MJ: thanks for organizing the discord group. Point about potential to be a voice against hostile takeover is very real. And besides, this is the closest I will ever be to being a gamer.

Kind of odd for sure (dearth of Coho news. Give rise to all kinds or worries. Most of them seem unlikely.

1. Did main pipeline pass the pressure test?

2. Will Coho well flow properly after long shut -in?

3. Why is not Shell completing the connection?

The most amazing thing about this Coho saga is that TXP, when starting the first 5 well exploration phase of Ortoire block, deliberately drilled the smaller Coho structure first rather than the larger Cascadura structure. They did this entirely because of the proximetry to the central block processing plant with about 50% unused capacity. They thought that hooking a discovery in this location to production would be simple. They thought it would take a few weeks. Wow.

KO: I still find it amusing

Good humor. He is presumed to be worth a lot because he is the founder of Helium One, "a business that deals in the restaurant business".

smallfishbigpond: they started out doing exactly what they said and then ran into a technical problem that trashed their hoped for discovery well. Somehow that does not seem like that unusual for an AIM story. Nor would running out of money if that occurs. Maybe more atypical for AIM stock would be going right back and drilling a successful well at the site of the catastrophe. That is what I am hoping for.

I usually don't think much about who is who on the message board and I appreciate all viewpoints. It has been an interesting ride and most of the posts react in some way to He1 troubles making it happen or the hope that He1 will actually make it happen. Deano1978 has been more active lately and does seem more irritated with the "rampers" (to me just those on the hanging on to some hope side). Anyway Dean Nawata is a very knowledgeable business development person for Royal Helium in Saskatchewan. But he also goes by Deanio on a FB Group about RHC. He would know the Helium 1 story because he was at the Houston Helium Summit and met David Minchin there. Anyway I read through the last 100 Dean1978 posts and Dean1978 probably is probably not him. Dean1978 doesn't think a drill this year is likely, and I am not sure DN would have any specific view on that. But I surely would welcome his insights if he did join the thread. And Dean was born in 1961 so that 1978 part doesn't fit. Anyway, just idle speculation - waiting for some confirmation on the rig and the drilling program - hoping they can give Tai another try, and a try informed by experience, THIS YEAR.