Member Info for spawny100

Agree all that. He desperately needs to invest in better comms and Internet though.

That's what I think I heard too. With a view to debt restructuring progress this year. Cagey on dividends though. It's a bit ridiculous that the sound was so poor we can't be sure of what we heard.

Sound was pretty bad yes. Hard to get the full picture. Standout comment for me was something along the lines of they expect to announce new gas customers in the short term. And sounded pretty confident about that.

Thanks Trek yes I forgotten about that. All my shares are in an ISA so I don't tend to think about end of tax year profits. Hope that's all it is and not to do with Niger drilling Agadem has been referring to.

Weird price action end of day. Didn't seem to be caused by selling pressure to start with but was some reasonable volume in last hour. Not the ideal way to go into presentation tonight.

The advertised spread of 15/14.3 is making all the buys appear as sells at present. Sneaky. Wouldn't be surprised to end blue.

I think you're missing the point junky monkey with that overly sarcastic rant. Nobody was saying there are not some justified reasons for the delays. But it would be silly to argue that the delays have been immaterial and have not negatively impacted the share price recently. We all make our own decisions on how much to have invested in any one share at any time. I'd been 100% in TXP for a lot of 2020 and was becoming increasingly uncomfortable with price fluctuations as each pip was, to me, a lot of money. I've significantly reduced my holding here and am much more comfortable with it now.

Not sure I'd call myself totally nuts Ginmunger. I've been in here since 10p and sold 70% of my shares from £1.70 down to today's price and put that money into other shares that have gone up significantly while TXP has been steadily declining. Each to their own though. I may come to rue my decision in future years but, for now, I'm happy with it.

I share many of his concerns David hence have reduced substantially lately. They really need to start hitting some deadlines and delivering on the production side. I honestly don't think Casc/Chinook will be hooked up this year now but we'll see.

Agree. This board is becoming unreadable so much dross posted about the 'choir'.

GL gibo. It takes balls to go all in on something but can pay off if it works out. I went all in on Rock Rose and somehow very luckily managed to sell around the peak and put it all in TXP Jan 2020. Have now sold a good chunk of TXP and that is spread between here, PRD, SAVE, i3e and MNG.

And look at all those late printed trades up to 14.5p too.

TXP were the same with their raises which put a few backs up but it can be done far, far more quickly without having to have a prospectus etc etc.

It's not a great bb at all at the moment. It's cringe worthy.

Agree clueless Tim re Predator ought to be trumpeting their green credentials. I've already emailed them suggesting a name change to 'Predator Energy Solutions' to reflect this together with their innovative concepts.

Great news today to get an oversubscribed placing away at such a price only very recently hit. Huge strength.

There are others here who understand binomial and probability GRH. One here!

Which one bebeto? I can still see a comment suggesting possible TR1 and some news likely soon? I had it on another board where a post of mine disappeared but came back later!

Paul Baay of TXP just referred to PRD CO2 project as a 'good project'. Sounds like TXP are sticking with water injection for now (but possibly not writing off CO2 in the future.).

He said they'd 'probably' release results as they go rather than wait til the end. I wish he'd go back to the straight talking he used to do and commit to it one way or another rather than use words like probably.

Interesting thanks. Just goes to show none of us have a crystal ball. While some of us were selling down TXP to diversify others are selling their diversified stocks to go back into TXP fully! Only time will tell which strategy was correct. Currently my portfolio is 15% or so higher in value than it would have been if I'd stayed 100% in TXP. Whether it's still similar in a year or 3 is anybody's guess!