Member Info for zeusfurla

Alchemyx My selling was not 'playing with timing'. Do you have a spreadbet account?

Guys Let me reassure you - I had to sell 150k today to meet an unavoidable financial commitment elsewhere. I didn't sell the 50k's but the last thing I wanted to do was sell at this stage. I have complete faith here now that the 1st drill has de-risked so much of where we are going. I will be topping up my holding as soon as other funds permit. TXP remains one of my largest holdings.

SBB1 Agree that PI's have less influence on the sp than MM's. If the II's are still offloading more to MM's we may still be able to buy around 30p for a while although I wouldn't count on it for long. There is clearly at least 1 larger buyer in the market too.

BBN Thanks for your measured and calm posts today. I didn't catch all the trading today but watched carefully as the sp was manipulated down on minimal selling and plenty buying under the 30p mark, which was clearly to pick up stop losses, potentially considerable in size given the strong buying today which wasn't reflected in where the sp ended up. I held my breath, sold some out of another company I strongly believe in and topped up here. Good luck all, the upside is still worth the risk. Before today the sp had been suppressed by II selling so has fallen from an unrealistically low level - it can only get better from here.

I like the continued understatement from Paul - no over-promising here. This additional income from gas more than makes up for the 10% dip in CY production in my view. Today's RNS is a also few days earlier than I expected and I'd expect the next 2 RNS's on Coho and Cascadura to be at the early end of the timeline - late October rather than November.

Should have said 140k...

50k sell followed by 100k mid-point trade likely an inter-MM transfer.

Looks like yesterday's buying has raised the bid in the UK too.

I'm with Ross on timing and think more than 50/50 we have an RNS by Monday - although the timing isn't critical. Decent volume on Toronto means we may have a bit more buying today/tomorrow.

Decent volume and buying in Toronto today.

Hard to be sure but looks like a 100k buy and a 100k inter-MM transfer through this afternoon given the way the sp reacted to the trades along with my opportunistic top up of 25k at 14.95p. Can't resist sub-15p.

BBN Thanks for your posts today which I found very helpful. As usual you have absorbed significant amounts of information, analysed and thought it through, drawn out the salient points and communicated these effectively to those who want to hear them.

Sunday Whilst I agree with you on TXP (I hold quite a few) the state of market sentiment on current oil stocks is very low indeed and there are others out there which are also considerably undervalued. TXP does have short-term upside potential however which will likely attract the market's attention at sme point soon.

Still a lot of buying pressure here. I noted that Winterfloods upped their shares on the bid from 250k to 500k today - they still have a buyer maybe an II toppingup? Still strong underlying buying pressure keeping this up. The MM's are all I think keen to start the day with a wide spread to ty and get some shares cheap - completely unsuccessful today - and also to try to discourage interest. Not really working so far.

3 days until Monday and Day 26. Given that Paul initially thought TD would take 20 days although the RNS said 28, we couuld see something on Monday. Canadian market quiet yesterday and still priced ahead of LSE. I agree with the point on investor interest made a few days back. Any positive RNS neess to generate some buying interest or else the 'buying opportunity' just gets better. Any announcement implying a doubling of production for the company would do it I think.

Low volume moves TXP up or down quickly. 6 days until 28 days are up. Maybe a few last minute buyers will appear?

I meant to say 250k!

MM's looking to buy 250 at 22.7. I think there is another worked buy going on in the background.

Concise, poasitive and reassuring. As uysual BMN progressing as they said they would and are also preparing in advance for the arrivalk of the new facility. Excellent RNS.

MM's struggling to keep sp under 23p at moment - they have little stock to sell despite trying to squeeze the offer down slowly.