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Like I said you can drill all you want but if you say your going to have to wait Mr market for six months for results of flow rates then what the hell is the market going to do. It was f...ing obvious plus you don't explain why the choke and Prefs had little affect or a possible remedy to those problems.
Production is down but you don't explain the possibility the wells was shut off why the work was carried out.
Like someone said in that Txp just don't give a crap about it's shareholders.
Yes I remember mate, but wouldn't a test on both wells give a good understanding of what can be delivered and also if it's still unbounded in the Wells ( I think that's the correct terminology). Plus would it not give rise to new reserves.
Also helps repair trust with the market.
Shouldn't Txp come out and say how many days Cascadura 1 and deep was down while they worked on them. It's as if they knew this would happen. It certainly hasn't helped us investors, and why won't they test the 2 Wells as that also is causing the market to react like this. Cascadura 2/3 looks fantastic yet we can't open the prize for 5/ 6 months but what a huge difference it would make to all if they did including reserves . If technical they can't then fair enough.
Bloody hell we are only a week or so behind Casca 2 drill time and people on Discord was having a meltdown last night. If it takes another few weeks then so be it as long as we get good results. And I believe we should test those wells before September for obvious reasons. It's not as if we can't afford to, plus it reassures the market everything is good and gives some guidance of what can be expected from them.
Just my opinion.
What is stopping them from testing the 2 Casca c wells once second one is complete instead of waiting till around September. They have the money.
If they tested now and they are as good as Casca 1 then the share price we reflect that good news while also shining a big light on the company, and also gain some trust again with the market. This could also get another boost when they come online. How long does it take to change a choke or pref a well and yes of course the flow rate could take sometime to stabilise.
They could have possibly tested that first well by now and ready for the next one.
Couldn't agree more. Txp just does not advertise to shareholders by Rns on f... all till after its done . So hardly a lift in share price build up to news.
All seems a bit strange as if they just don't want the share price up. Shocking communication from Txp towards it's shareholders and market.
They want you to invest but fail to keep us informed .
Kept in dark and feed on sh..
Would have been great to know what Cascadura 2 and 3 could have flowed at because it would boost the share price considerably and again when online. Especially if both are better or equivalent to Cascadura 1.
Just find it a bit strange they are not interested in knowing after paying out roughly 12 million plus and then waiting 5 months to find out. They have the money to do it .
Cascadura 2 could be an absolute beast coming online later this year. If casca 3 is as good all I can say is wow.
The market just takes the pi.s but at some point that's got to change with such huge increases in production as we are not talking a couple of million here and there but tens of millions.
All one can say is bring it on.
That's 2 drills on the go so looking good for a lot of news over the next few weeks. So much go on my heads spinning .
Casca having bigger choke and more Prefs done I believe to up production, so really excited about this year and hopefully a share price of around £1.20 plus .
May have taken longer than expected to build the Casca facility but it's done and working and just need to drill and increase production.
Will we still knock Paul if indeed that wall of cash comes true and the company is moving forward as planned.
Bring it on Txp.
Crack on Paul as your doing a great job with money pouring in which will keep growing throughout this year and next. I wonder just how many other Aim oil and gas companies would love to be in such a fabulous position as us. Sorry to say but the Ceo has got us into a fabulous position to grow the company over the next few years .
So yes we'll done Paul and long may you continue.
Casca 2 could be better than Casca 1 well . Just gets better and better and again couldn't reach the bottom due to pressure. Casca deep big improvement and Casca 3 going to kick of in around 2 weeks.
This share price is just bloody crazy.