Member Info for Wolfofsomewhere

Lek have got all the ducks in a row now as requested by industry major (assumed Shell). Now balls in their court to get the deal signed off. Anyone wishing to buy, only have a short time frame now to get positioned. As soon as that deal is announced this will fly.

Another 150k raised. So the existing holders have churned through a batch of shares from the original placing and enjoyed the easy profit so have asked for more shares to do it again. Cant help feel the board should explain why they accepted this and tell us what the extra money is required for. When this happens its not a fair market.

Looks like we could be on the move the ASK has ticked up for the first time in weeks. Hopefully seller cleared and this can now work its way back up to where it belongs.

Regarding level 2 i use iii for trading and also used their level 2 at £24 per month. I thought it was very good but due to a change in my work environment i could no longer carry my laptop around with me.

You would think in this day and age that using the mid price to determine a buy and a sell would no longer be a thing. Why cant it be reported as it is. To me its wrong that this happens and its just another thing that needs fixing on the stock exchange.

Just topped up, showing as a sell, which is the only reason am messaging as i dont like investors being fooled.

I might be wrong as am just a watcher and not a holder but i dont think they can do a placing below 0.1.

Floppy, am also looking at KEFI but those loan conversions are completely controlling/dragging the price down so proceed with caution.

I think the reason the share hasnt risen is because it wasnt the news that was expected. The mystery (Assumed to be Shell) havent agreed to a final investment decision yet, so until that comes the rise won’t begin nor have we been informed that the £7m license fee has been paid for OPL310 extension so there is still a doubt there too. We need those two questions answered and then this share will fly.

Share price movements suggesting those people who are worried about a placing, can relax as either they don't need one or if they did, its going to be carried out at a premium. My opinion is they don’t need one anyway as they have enough revenue and other financial options available to them to cover the costs of the license fees.

Your not the only one scored am back at square one too. Because i have bought more at 6p, 5.5p, 5p & now 4.5p i am only just breaking even after being in here for 6 months. You got to laugh about it, i still maintain there is a long way to go with this one and should it drop again i will keep drip feeding in. The way i look at it the more i drip feed in, the bigger the profit in the future. For any novices out there this is a classic example of why you should never go all in on an investment.
All the best everyone and chins up, its the weekend

LEK dont need to placing, the reasons the profits are not huge is because everything they earn they are investing. Totally makes sense why be happy with 2000 bopd income when you can have 8000 bopd income by reinvesting. How do you think the likes of amazon, google, facebook and hundreds of other companies got where they are today. It certainly wasnt by pocketing every bit of profit. Time to move on bear and take your 6000 negative posts with you

Another top up from me. Nothings changed guys so pick up a bargain while you can

Nice little top up from myself, didnt expect to see 5.5p again but am happy to snaffle up a bargain when i see one. As in the title of the thread its only drifting down because of lack of news. Nothing has changed and major news on the JV is due soon which should take us to the next level.

Takeaim - looks like its supposed to be a joke to me, am sure nobody would actually of taken up the offer.

Well i finally got my top up in this morning, i shouldn't complain as it went through a lot cheaper than i expected. I must say although i dont comment very often but this is by far the friendliest message board i have come across. Hope it stays that way, all the best to everyone involved, Wolf

Good to see we have our large buyer still hanging around holding up the share price whenever a flurry of sells go through. I have been actually trying to make a top up today but best price i have got all day is 6.74. If our buyer doesn't stop buying i may have to take up the offer as am running out of time to get this next tranche in.

Second tranche from me this morning. Big things going to happen here, huge field to be exposed and its still relatively under the radar. Am starting to get very excited about this one. Today’s drill result has massively derisked TXP in my opinion.

It seems to me there is a large buy order being worked here. More sells than buys, yet price not budging and whenever i do a dummy buy the sell price is creeping up as they try to entice me to sell some of my holding.
Positive news on jv and this is going to motor.

Dnd, i have just placed my first tranche in txp, i have followed them for years but never invested and pretty much forgot why i had followed them in the first place. Having seen your name over on the lek board and noticed you were in here i thought i’d do a bit more research. Mcap seems low for a producer and that 95% cos makes it a compelling investment in the short term. So anyway i just wanted to say thanks for the tip off.