Member Info for SimonT

Yes all good here mate, still making ends meet! I am sure you will get your target price very soon but i would see the year out at least. If any other companies show an interest in TXP we might see a £2 rise in a day? so don't sell too early! It is not easy to continue holding once you have achieved your target but i am sure waiting a little longer will be worth it!
These results might be the tipping point that attracts external interest, i am certain Paul thinks the same which is why i believe they are going to be released together with the annual reserves update to follow in March (March 25th last year) creating a step change in the value. Getting us up into the multiple TCF region will make us very hot property!

That's not me Photo if that is what you are referring too?
It's good that you have diversified and still bringing it in to keep you going until TXP delivers big time!

Rome wasn't built in a day but PB has put in some sound foundations! The wall of cash will come and will probably be bigger than we have all contemplated?! By the time the summer comes and sun comes out we will all have a lot to feel good about!

Photo, in the grand scheme of things a delay, if there is one? of Coho coming online is of little relevance as it's output is not going to make much of a dent in the gas shortage of T+T. Cascadura and Chinook coming online has to be where the focus is as far as NGC are concerned as that will substantially support island industry.

That 20,000 "sell" at 1.57 they just put out delayed is not correct, at 9.21am the mid price was 1.53.
Don't get fooled into parting with your shares!

There are only 209m shares in issue so it probably equates to the 1m shares that changed hands.

Maybe because there are not enough digits in that field to display it as 1630k ?

I cast my eye over the trades quickly this afternoon and came to the conclusion there were about 200,000 missing from the list, and look what popped up! I very much doubt anyone who took the gamble and sold a few today at around 166p will get them back for a lower price as it looks like they have been snapped up by whoever has been behind the multiple £100k+ purchases that have been going through in recent weeks. I am not criticizing anyone for trying, he who dares etc!

We have had several buys of over £100k this week, i dont suppose many of those were LTH Pi's topping up! This may dip a little but i think it will mainly be the MM's dropping the price incase a few decide to trade it.
We have to look forward and not long at that but the impatience seems to set in very quickly with some investors these days. 2 of the intended 4 wells at Cascadura have all ready been drilled that is 100mmcfd added to Coho and the current oil production. Paul has spoken of more wells at Chinook too bringing that up to 4 also so he must know that is big enough to warrant that, we just haven't been told the same officially yet. The drill there was stopped early due to the rig struggling against the gas pressure so it aint no duffer! 4 wells on each of those sites totaling 225mmcfd each and we are looking at 450mmcfd a day plus the monster Royston and the monster from the deep, Kraken! I shall hang on to all my shares rather than risk losing a few in a bad trade as they are only going up in the short medium and long term! Been here 2 years and think one more will be all it takes to see a really good return!

100mmcfd @$2.50/1mcf is $250,000 per day so $91m. With development wells filling the pipe Pauls estimate of 250mmcfd from Cascudura once it has 4 wells on it would take that to $228m.
So 4-6 weeks for the results from both Chinook and Cas deep. Great idea to leap frog back and forth to flow test one while the other is being monitored during pressure build up tests, it will get back the lost time from the test crew being stuck with BP.

It wasn't that long ago Photo that you were waiting for the first 2p in a day rise which was quite exciting when it happened! I too have to remind myself that these what we now consider "small" rises are in fact still very significant to the bottom line. With £3000 a penny riding on this bought at 16p it is getting very exciting!

Yes there is one arranged for the 14th of Jan, Next thursday. So i am expecting some results before then?!

:-) i bought in at 16p so i am looking forward to hitting a 10 bagger at 160p!

Smasher, i too think an offer will come during 2021. If you were hanging your nose over this when would you attempt to buy it? I see Royston having an higher COS than the previous wells so it might make sense to do it after the current drills testings have taken place as the high COS at Royston would only add to the purchase cost. A £1b+ offer at that point would likely be accepted by share holders and further success or not it would still be a great ROI for the buyer.

My understanding was that they wanted Casc deep drilled before the testing of Chinook so they could maybe see a pressure difference at Chinook when flowing Casc deep to show they are connected. However that is not the case anymore with the deep target not being reached due to stopping a couple of thousand feet short for safety reasons because of excessive gas pressure which they couldn't prevent from reaching the surface during drilling!

The 120m 0 cost share options and up to 10m options at $0.05 are not exercisable for 12 months, but it would be worth any LTH's putting the this date in next years diary to remind them the issue will become an option.

RMS gave those shares as part of the deal when getting their hands on P2F, and you are complaining that they cashed them in to get their payment??? I suppose you would have preferred a large placing to raise cash to pay instead? Get over it, it was theirs to do with as they wish!!
Onwards and upwards!

If 25% of the company shares have been sold and absorbed by the buying pressure in 3 days then there is considerable hope that continuing demand will bring about a decent rise now the market is not awash with supply?!

I hope you are spot on Corpse, or dead right! :-)

I can explain, 2% of the company would be 30m+ shares, the 5m ish late trades equates to about 0.33%.
The explanation is your maths is below par!