Member Info for tidd83

And the figures have obviously increased... 1590bopd on last update http://www.valuethemarkets.com/index.php/2017/05/29/touchstone-exploration-coming-aim-measure/

GMan indeed glad to see people spot a bargain for once instead of buying inflated overpriced garbage elsewhere. Savannah is frustrating but remaining very optimistic, imho Malcy knows more than he lets on and he and AK seem excited.

Good work KUMS sit tight this has a long way to go yet, easily a bag in her yet at this stage.

To buy tells you all you need to know..

CERP raised £3m gross yesterday and now with 624m shares in issue - touched 8p today, and currently 7.175p = £45m m/cap. Trin 20p high today, closed at 18.35p = £52m m/cap. Don't forget the TXP half year revenue of almost $15m compared to CERPs circa $3.2m. TXP 103m shares @ 9.625p = £9.9m m/cap.

I think the market is catching on tbh, expect a strong day tomorrow.

Next week should show firm production rates, I’d expect around 1650bopd

Seems to now be coming on the radar. Much more to come yet to get closer to a fairer valuation.

Still only �10m.

Overhang cleared.

For position building

Probably remains of those in from IPO taking their 20%

It’s had the right news, it just got missed by the masses.. more news to come with 4 more wells scheduled for this year could see production reach 2000bopd before 2018 way ahead of schedule.

30p is easily achievable here eddie, that is how undervalued the company is. The comparison to CERP and TRIN helps but even 30p is still trading at discount to peers despite TXP having more favorable fundamentals.

Eddie they're already touching 1600bopd the NPV dwarves the MCAP. This should be a bagger with ease.. nearest competitor with less is capped at �45m in the same location, doing the same thing!

And rightly so look at CERP and TRIN valuation in comparison to TXP.. Rerate is needed.

P2 of 15.7mbo and producing at around 1600bopd already ahead of expectations. 4 further new wells to come online this year and an MCAP of around £8.8m Cash of around CAD$10m and debt of only CAD$15m not serviceable until 2019. Few bags to come here for sure when it gets picked up.

Eddie I'll be dropping an email to the company shortly anyway, I believe an investor call is being arranged also.

Agreed, the best money to be made is to pickup at the bottom before the herd arrive and the volume increases.

Volume today, looks like this is starting to pickup now. In comparison to both CERP and TRIN this is an absolute steal, cash in the bank with circa 1600bopd already in production, 4 more wells to come online this year with a further 10-20 wells in the pipeline for next year. Sizeable P2 reserves and an MCAP of mid £8m. Standout strong buy.