Fair post on Discord31 Jan 2025 04:43
In regards to a ‘take out offer’:
1) having spent so much money and time (especially battling through the historical/ political issues with drilling for T&T’s natural resources) on the infrastructure for Cascadura
2) having a self funded drilling plan
3) now having got the licence for Rio Clara
4) looking to finalise the financing (in the very near future) Shell’s Central Block (unlocking access to LNG gas prices)
5) with the potential of drilling Cretaceous targets
I wonder noting that the general consensus is that TXP share price is seriously undervalued:
1) what is the true / expected SP?
2) how many ’vultures’ are circling above TXP, waiting to swoop down to try and after we are finally on the cusp of getting some serious cash flow - come in, put a stupid offer forward and try to pick up a bargain?
Hence, that’s the reasoning behind this Discord group quantifying our collective holdings (%), create a robust S.H.A.G., to fend off a potential takeover, but more so, in advance of one, nominate x3 spokespersons / representatives and establish a substantiatived group to communicate with PB and the BoD, so they realise that we are aligned in our needs, and if we don’t get the necessary feedback / response / action from them, then at the next AGM that they will ALL be looking for new jobs!!
Quite frankly - enough is enough! They all need to start protecting the SP / their shareholders interest!!