Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Trinity is on its way back up going from £0.90 to £1.08 in a week yet we are on the verge on doubling production in the next week or so and it's flat and 4 months down the line Cascadura could make us the biggest onshore producer.
Hade some big buys over the last few weeks and it just doesn't move.
Absolutely can't get my head around it. Christ you could put Trinity and Shell's central block together and it wouldn't match what's about to happen here and that includes if Trinity doubles it's production.
At some point they have got to let this go big time.
But you did strike then in 1987 did you not to improve you pay and working conditions that gave you what you have just started . And you can't deny that term's and conditions and pay have been eroded since and that is a fact any BT / openreach engineer will tell you.
You will have witnessed the pension scheme has been decimated over that time and been changed 3 times . Also free shares was stop many years ago when everyone was offered free broadband and only can back for 2 years and has stopped again. Most of the other stuff mentioned most people get in different forms.
For God sake most companies provide overalls in this day and age so don't talk as if it's just BT.
You both had the right to strike and that strike has given you what you have just stated a fair living but you both can't deny that it's been smashed down by upper management over the years.
Are you both saying we should just roll over and forget it as you didn't.
Here's the thing that if I said what you 2 have just said back in 1987 I most definitely would have have some colourful language coming my way.
I don't have to go on strike just like the older generation back then but they did knowing it would do little to benefit them but there young colleagues ( you) would get that reward and you both have . You both should understand that more than most.
Hope you both are enjoying retirement and I will join you soon .
All the best to you.
Ok then, please tell me my BT have not come out and said that 32% is incorrect to everyone as they most certainly would as it would make the union look bad .
And the CEO himself has it incorrect as well.
And just to round it off it's in the BT accounts
Whichever way people wish to spin it the CEO has had a 32 % rise .
So you saying the cwu and all the papers are wrong and he himself in a meeting saying this is wrong.
And let's put the £ 650k to charity In perspective, he had received over 32 million after taxes from his last job so why do the rich give to charity hmmmm.
Check out his last 2 jobs and what he did to schools on his watch.
He is certainly not a decent man by anybody's standard
Just my opinion as always.
I have work well over 30 years in this industry so I understand exactly what's going on and
In many positions . It is an exciting industry to be in as the changes have been nothing short of breathtaking and like yourself have moved with each change and taken it in our stride.
What I'm seeing at the moment is a young workforce learning the trade which is great for the future but takes time as you know to get it right. They by far outweigh the older generation of which many like me are coming to the end of working life.
So those that voted to strike have been the younger ones as it's not going to make much difference to my generation is it but it going to make a difference to them. I have spoken to many many of them and I can tell you that they are pi.. off with the CEO taking a 32% pay rise while in real terms the workforce has take a huge it over the last few years on theirs.
Now I hear the Ceo say the company can't afford to give the workforce a good pay rise but hey I'll give myself a 32% and 25% to another . Lead by example comes to mind don't you think .
The average call center worker is on £22000 so the CEO has payed himself over 30 years s salary in one hit so 2 years is their lifetimes wage and then some.
He doesn't give a to.. about the workforce and the workforce absolutely know this and without them he would be getting fantastic pay increases.
In all my years I have never seen the workforce like this fleccy I really haven't . I won't go into details to much mate but you know yourself after many years in the industry that this was coming and let's face it they have a right to say enough is enough.
I just wish as we all do to get round the table and talk as this does harm to the company.
I see people have said they would get contractors in but let me say this that a lot of our work ( and you know this Fleccy) is actually repairing the damage caused by them . I fact I bet you've had to do that at some point in your career.
Big pay rises.
Tell that to the greedy CEO of BT then and the rest of then. Are you saying everyone else just suck it up and see where it takes us .
I'm nearly 60 and it's getting even worse and not better so something has to change don't you think.
I agree mate mortgages are almost impossible to get for the younger generation and they can go to 35 years plus now leaving them little room to manoeuvre latter in life.
Surely people here must see something has got to change mate and of course it got to be done correctly over time.
I think we can all agree we can't continue down this path. I don't pretend to know the answer but we certainly have big problem building.
This is happening not just in the UK but across the world. Atb.
Some absolutely fantastic posts on here that gets people actually talking but some just miss the point. What is important in life for most is being able to support your family first and foremost no matter what. Any here ever had it that you can't feed the kids because every penny you have earned goes to keeping a roof over their heads and the bills that go with it.
It's hard for most of us that's for sure so what do you do if you are at that point and this is not just about BT.
What we are starting to see is people fighting for their families and the right to earn enough to feed them and try and give them a fair upbringing and each and everyone of us would do that .
This is not about the Ceo of BT or any other but about a certain standard of living that should be fair for all.
The UK workforce is getting poorer by every year that passes by while the rich just get more and more and that's a fact we see every day .
We are not greedy like those so called above us that take and take to the point that food banks are needed to feed those that work hard for them.
So what do you want to do, say everything is fine and we carry on struggling for scrap or do you fight for your families a try a get at at least basic living.
There is not one person that can truly justify huge pay rises we see from these Ceo's because just go and ask them. Not one of you here could justify why the Ceo of BT has a 32% pay rise. He is already an extremely rich man and has got greedy that is a fact .
If people say the workers are greedy then you should be utterly ashamed of yourselves as you only need to open your eyes and see what's happening around you across the UK.
Sorry but I have the upmost respect for those fighting to help their families have at better life and be able feed them.
Be honest that if you invest then you can afford to lose that money as it's gambling whichever way you want to put it, while others would give anything to have that money to feed the kids .
Put things in perspective doesn't it.
I hope this hasn't offended anyone and wish all the best.
Well In all honesty I was getting a bit negative myself towards Txp with the delays but I wanted to make sure nothing had changed and what I was doing was still a good investment decision based on what is happening.
I agree Scott that absolutely nothing has changed apart from the timeline and in fact strengthened in some area's.
Txp is a company that has found a world class asset plus Coho and Royston yet before this they had the legacy fields which absolutely pales into insignificance to what's been found.
We have seen time and time again in this sector that most companies fail in the timeliness department and Txp is no different. Some thing that can't be disputed is we can't lay the blame squarely on Txp for these delays as 2 years of covid has happened then Shell plus government. Christ the country was in look down for many many months yet we just wash over that now as if it never happened.
I hold my hands up and have given the company some crap when actually looking at it Txp have done well over that period compared to others.
I do agree with you Scott and MJ that they a top man out in the field overseeing these projects and Paul being in Trinidad on a more regular basis.
Absolutely agree with you both. Cascadura could well hold 1Tcf or more of gas and will be going deeper. After a few years of waiting some have forgotten we never reached the bottom or tested that 558 ft of play .
I also believe the Ema will grant us the EIA quickly after the meeting as it has become an embarrassing situation for all.
I can understand why the market has given us a good kicking but I think a little to much as we will become by far the biggest onshore producer In Trinidad and that will keep growing as we move forward. Royston is a fantastic find but need that ST done so the market can see it will produce a good flow to which it will be sold straight away . That really opens up Royston when you think the size of it, plus that little anomaly under it in kraken.
So the first phase of drilling on the Ortoire block has been nothing short of outstanding that will completely change Txp going forward and that's a fact we are seeing before our eyes.
A world class asset is going to do that to a small company like TXP with many things needed to be put in place which is something maybe we as investors do not think about often enough.
If you are going to build a great company then make sure the foundations are strong enough not just for this moment in time but moving forward.
Fantastic company that needs a few tweaks here and there to bring it up to scratch so I most certainly will give them time to complete the transformation. Let's face it the company is going to make us a lot of money going forward of that there is no doubt.
I say bring it on Txp.
The very fact that Cascadura has a lot more that could hold a crap load more gas as never completed either drill and the 558 feet to be tested at a later date. Cascadura may produce considerable more gas than they say if more is found in those sheets. After waiting so long you start to forget these things as you focus on what's been found and not the fact they haven't even completed the full wells yet and tested all.
Cascadura
There remains an additional 558 feet of potential pay above the tested zone in sheet three which can be evaluated in future development wells."
Still believe a lot more to come from Cascadura.
Coho can't be far off now as construction was underway on the last 63 feet to the tie in point on the 27th June.
Touchstone Exploration (Trinidad) Ltd
EMAIL ME JOBS FROM THIS RECRUITER
Follow This Company
1-(868) 677-7411/7412
http://www.touchstoneexploration.com
OPERATIONS ENGINEER
Not disclosedUpdated 14/07/2022Debe/Penal/Siparia / Mayaro/Rio Claro / San Fernando
We are looking for an Operations Engineer, to work alongside our General Manager of Operations to oversee field operations, assist and support special projects, and other assignments as required.
I might apply as they don't seem to do much for the money at the moment.
Wondering if Txp have had that meeting with EMA and sorting out the last few hurdles.
Coho must be just about done and an instant doubling of production.
Just need Paul to stop in Trinidad till Cascadura is is online or at the very least bring in a top manager .
Bring it on Txp as I'd like a nice Christmas present and Cascadura coming online would be perfect.