Share Name Share Symbol Market Type Share ISIN Share Description
Tethys LSE:TPL London Ordinary Share KYG876361091 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.125p +9.09% 1.50p 1.25p 1.75p 1.50p 1.375p 1.375p 19,831.00 13:45:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 15.0 -46.3 -14.9 - 5.05

Tethys Share Discussion Threads

Showing 51576 to 51595 of 51600 messages
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DateSubjectAuthorDiscuss
17/1/2017
01:00
Can someone explain the EGM as it ocncerns POPE? While the Kumars invested at a price above then-share price, it seems if I read correctly that Pope's revised loan effectively reduces their break-even price significantly, to the point where they may be now making a profit at 3 cents USD as well. Is this true, or am I way off? Thanks in advance for any clarification.
benandemmiboo
16/1/2017
22:39
Casual, reference to the change in office locations, I honestly don't know but would make sense if correct.
dorset64
16/1/2017
22:37
naimanka7416 Jan '17 - 19:34 - 13052 of 13053 Basically they said it no longer fitted any investment criteria they had. There was no longer any "dream" being sold as the collapse in oil prices illustrated how weak the position of Tethys was. ===================================================== lol That exact sentence can be levied at every single Oil company in the world. Jeezzzzzzzzzzuuuuusssss Tell me one oil company, that drills for oil, that looks for oil, that sells 0il that is not affected by the price of oil. Its not rocket science ffs.
dorset64
16/1/2017
20:49
So what next?
rarelypost
16/1/2017
19:34
The former holders essentially said that it became "uninvestable" for them due to a number of reasons. 1) Contraction in Market cap 2) Erratic decision making (Nostrum) 3) Loss of confidence in Board/Governance (Nostrum) As an aside they said Plena had been a shareholder (few million shares) for quite a long time, thus the new board member, I guess to help Pope against Olisol. They were aware of one PI with considerably more shares than Plena. Basically they said it no longer fitted any investment criteria they had. There was no longer any "dream" being sold as the collapse in oil prices illustrated how weak the position of Tethys was. No smoking gun. I don't recall writing anything positive about Olisol (correct/remind me if I am wrong), I predicted they wouldnt complete (correctly) and hypothesised that they had borrowed the money (because I didn't believe they had it themselves). However they did invest a lot of money, so would imagine they must be considering their next steps, who wouldn't. Robson may not have known how to run a business, he did however know how to talk one up, if SinoHan had completed people would have said he was a genius. Revisionist History......
naimanka74
16/1/2017
14:23
Thanks Dorset. The move to consolidate and reduce overheads is promising !.
hguess16
16/1/2017
14:14
I wonder if the move to a different region could be to fall under a different judicial administration that is, perhaps, better disposed to TPL/Kumars than the Almaty one.
casual47
16/1/2017
14:03
Thank you to Dorset64 for the heads up.
temporarily insane
16/1/2017
13:54
Looks as though there might have been some loose lips this morning.....
temporarily insane
16/1/2017
13:52
Thank you. Nice to see a rise on something that Tethys management have done for once! LOL
temporarily insane
16/1/2017
13:51
update TI regarding Georgia and the closing of a few offices and re-locating into one office for all ops.
dorset64
13/1/2017
15:55
TI,Casual, The C$0.147 offer on 22/9/15 from Nostrum was based on 1 Nostrum share for 69.433 Tethys shares when the Nostrum share price wsa £5.005. Unfortunately, very shortly after 22 Sept, the Nostrum share price was trading below £4 and then went below £3 following the collapse in the oil price. The current share price of Nostrum has picked up in line with the rise in the oil price and now trades at £4.69. Unfortunately, Tethys has not benefited from the rise in the oil price for specific company problems, which I hope will be resolved in the future !. As regards the valuation of Tethys, I would be surprised if the Kumars' decide to sell in the near term, if and when they acquire 280m shares at an average cost of 2.5p per share. Moreover, I cannot foresee a situation where PAM would agree to sell their 274m shares at 3p, when their average cost could range from anything between 7p - 25p, depending on how much they paid for the initial 64m shares !. It is pure speculation at this stage to consider a sale of Tethys at this point !.
hguess16
13/1/2017
15:10
No sign of TD Securities selling to themselves again over on TSX. I wonder if they have run out? Interesting to see that it has all happened by luck just before the Kumars/PAM vote in a few days.
temporarily insane
13/1/2017
14:23
When POO was above $100/barrel, Sinohan effectively valued the Kaz subsidiary company at $150 million. Assuming the company gets sold at $150m and Pope/Kumars fully dilute then, taking into account $30 million debt, this results in 13.6 pence per share. Nostrum was prepared to give us C$0.147 per share (9 pence) when there were still only 310 million shares in issue. Assuming Kumars and Pope fully convert (and there is no further dilution) this would now be closer to 3 pence. So you can see that the "upside" has deteriorated quite a bit, both by the fall in POO (and limited prospect for it going higher than $70/barrel due to fracking) and by the recent calamities that have befallen this company resulting now in a heavy potential dilution should Pope/Kumars fully convert. But at least, for now there is still a chance of upside, as opposed to having a bust company......
casual47
13/1/2017
14:07
That would be not the "crazy dream" but the "Temporarily Insane Dream", TI
casual47
13/1/2017
14:01
I expect 50/60p min.
temporarily insane
13/1/2017
13:54
There's not really much to add for now, only share our frustration. My optimistic view is that while the recent actions of the BOD (e.g. emergency prepayment and doubling of warrants to Kumar initially offered) and what is being proposed at EGM are completely devastating to us PIs(*) I do think they are doing it to checkmate Olisol so that once this is done they are free to start building the company up again. (*)in terms of influence but mainly by severely limiting how high the share price can go should everything pan out, I expect best case scenario 3 pence and "crazy dream" scenario 5 pence.
casual47
13/1/2017
13:41
benandemmiboo, hopefully we can ALL, including Olisol put this complete shambles behind us soon and the new management can work on getting some oil out of the ground and sold. It would be nice if the management could show us some figures on who is actually working on what at Tethys petroleum, inclusive of the teamaker if he/she/it is getting paid.
temporarily insane
13/1/2017
13:28
Really hoping the Kumars can secure the bank loan prior to the EGM. As one who lost all hope after the Olisol mess, their involvement and current efforts have been a blessing. As for Olisol, am curious why they no longer are using the KAZ media as an outlet to voice some of their frustrations. Hopefully things are improving between Tethys and Olisol now too.
benandemmiboo
13/1/2017
12:53
............Wells, May and the other guy could have stopped searching for any further offers as the Kumars have what it takes to get some oil out of the ground. They have done well so far in the political game I will give them that. Over to you Wells May and the Kumars and the other guy. Do we know what the other guy is doing on the board yet????? He has kept very quiet!!!
temporarily insane
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P:34 V: D:20170117 06:52:47