Member Info for SimonThePieman

Must be the smell of an RNS in the air. Stupid price anyway.

Funding RNS today or tomorrow?

I had hoped to have heard of the funding by now. What is the delay? If it goes to the wire is that good for us? What if we don't get it.? Are we in the driving seat? There's all kinds of news due. production, exploration, Macquari, APR.We don't have to pay a loan repayment till September [750k] and we raised 18 million already this year.

This share was in the 20ps before the Sinohan deal collapsed. We still have that asset and news from elsewhere is good. True we now have a bit more debt but because of the increased production we are approaching break even. I can't think of any bad news in the pipeline because its just more funding and we are easily funded till September. I think the SP is safe around the 8-10p mark although I see a rise to 12p at least. Only pis would be selling and most of them got out on the way down to 5p.

They must be waiting for something, some more info? something from the Ministry of Energy?. The Ministry that showed us some love last week.

A big UT at the end at 9.75 plus a late buy at 9.75. It's like they are short on shares. I wonder if there are some shorts to close as it went from 12p to 5p pretty quick. Seems to be de-risking all the time. The bid has gone from 8.25 to 9.0 in a week so it may stabalise around here. I hope they turn a profit this year - it's possible.

It's always nice to see it in auction when the SP is rising, it means nobody wants to sell. Of course the reverse is true when the SP is falling.

Business back to stable with production up. Wouldn't it be great if production was up, cost were down and we didn't need the financing. That would be something. Anyway, panic over.

Seems to want to move north. It held 8p well for a few days last week. Back up to 8.25 now. Where have the sellers gone? Sell in May and go away? It's June now. Nice weather for mining.

Does it cost us 15 dollars a barrel oe to get it to the well head, or do we sell it at that price to someone else? if we don't know then how much do we actually get per barrel: and how much does it cost us to produce. And how do we know. Thanks

Nostrum Plc. look here http://en.wikipedia.org/wiki/Category:Oil_and_gas_companies_of_Kazakhstan. Or here http://akpan.kz/en/customers/

As of May 09, 2015, the investment analyst covering Tethys Petroleum Ltd advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Jan 30, 2015. The previous consensus forecast advised investors to hold their position in Tethys Petroleum Ltd.

I don't think the new financing that is being discussed during the exclusivity period will be at 7.5 like the last lot. I would be disappointed if it were. - I will be glad when we get news of how we paid Sinohan

I foresee this going back up to the 20/30p region. The loan note to APR can be redeemed at 3% by tethys so it may not lead to any increase in shares at all. This could boom-bu-de-boom-boom. It's amazing how sentiment over the failure of the Sinohan deal sent this share so far south, but like John Bell kept saying 'we kept 100% of an asset that Sinohan was quick to value at 150 million. That asset is just a piece of the pie. The excitement is in the exploration in Tajikistan. Cash generating and financially 'safe and secure', further financing and positive seizmic results. What's not to like. who knows what the SP will be at the end of this week, this year?

TSX had longer to assess the RNS and they finished 9.7 bid and 11.8 ask(18/22), although the highest paid was 10.8. On the strength of that I expect at least an arbitrage rise come Monday. The convertible loan notes were at about 7.5 but are not convertible for two years. The last set of warrants to Pope were at 10.2 (0.19 CAD). John Bell the CEO is getting paid at 16.84p per share. This year we raised 5 million in January, 3.5 in March, 7.5 last week and another 2 or 3 to come. that's 19 million of debt @ 9%. On the plus side we are now 'safe and secure' and we are gushing 5,300 bopd. We have a recently updated resource and a 15 yr extension to the kyzyloi gas production contract. The MCAP based on that jumped from 19 to 30 million on Friday, a mere 38% of the year high. So it's not surprising how soon after the Sinohan dybakle was swept aside how quick we got an unsecured loan at a premium. Start of a bull run IMO.

Now for a fresh start.

Going crazy in Canada too.

And my missus gave me all kinds of stick for buying this.! I was down a pricely sum haha! Not now.

The results must be good then. Next week could be massive.

Can't buy? How ironic!