Tethys Share Discussion Threads

[tankerton] 20/11/2024 23:18

TPL
Up 146% over 1 year.
Up 700% over 5 years.
Down 50% over 10 years.
Down 94% from it's all time high.
Still a long way to go but perfectly doable.

[cutliff2] 20/11/2024 18:30

$7.70 dollars canadian needed Zangdook.
All the best and hope it's sooner rather than later 🤞

[dr3dd] 20/11/2024 18:10

At least it is going in the right direction zangdook.


In 6 months time we will all be wishing we had broken the piggy banks and invested in Tethys at these prices to average down.

[zangdook] 20/11/2024 08:17

I need £4.35 to break even, ignoring inflation, opportunity cost etc. Wake me up before you go go.

[1399peter] 19/11/2024 18:05

They'll need to put a bit more coal on the fire by the looks of the trading.

[sgodha] 19/11/2024 16:33

Hope now the journey is only upwards. Looks like T time (Trump, Tesla and let Tethys join the party too)

[1399peter] 19/11/2024 16:30

5yr high $1.69
10yr high $2.00
15yr high $20.00
20yr high $38.00

[mount teide] 19/11/2024 16:27

Up 141% YTD to $1.69 Canadian - new fella's shrewd, activist, equity market investment reputation once again proceeding him?

After the horrendous and highly expensive experience of having the Robson Crime Family at the helm for many years misappropriating shareholders funds as fast as they could raise it - it's the least Tethys long suffering shareholders deserve!

[wrighty46] 19/11/2024 15:51

Would be nice to see just a small bit of volume in anticipation. But hey ho been here long enough to wait another few weeks for anticipated license. GLA not long now.

[cutliff2] 19/11/2024 13:32

Good summary Tankerton 👍
Hopefully a rise today on the prospects which look decidedly better with this news.
The production licence is the holy grail and the biggest piece in this jigsaw puzzle 😍

[tankerton] 19/11/2024 12:45

The main thing to take from yesterday's news is that we will now be producing from production wells as opposed to test wells.
I would expect a response from the market if only a muted one because it is another step towards the production licence being signed off. There is just a couple of things investors need to be patient with though. Firstly the ecology permit is only up until the end of 2024 although there can be little doubt that the 2025 permit will be approved. Secondly, production will be at test levels until the production licence is signed.
The big uplift with the share price will come with the signing of the production licence for three reasons. Firstly there will be no restrictions on oil production, secondly they will be able to export the oil and receive export prices, thirdly they are likely to attract the attention of a bidder.
The gears may be turning but Tethys are not yet firing on all cylinders so investors need to be patient for just a little while longer but it will happen and the rewards should be good.

[dr3dd] 19/11/2024 11:11

TRANSFORMATIONAL INDEED

[1399peter] 19/11/2024 04:41

Good news, We got there in the end then. long may it continue.

[fbrj] 18/11/2024 23:37

Our new shareholder certainly seems to be doing his stuff!!

This could get quite interesting. Would love to know what Bill's plans are - hopefully an exit for us all at an eye watering premium that makes the wait all these long years worthwhile. I would be quite content to wait as this unfurls to its potential (eg to NYSE) while receiving a decent divi. I suspect though we will be taken out well before that.

[tankerton] 18/11/2024 23:21

Good news BahamasOil, delivered on time and it's not even Friday.
The gears are starting to turn.

[daz21] 18/11/2024 23:06

I am guessing another brown envelope is needed to get the 2025 permits

[bahamasoil] 18/11/2024 22:52

Corporate Update Tethys Petroleum Press Release (TSXV: TPL) Grand Cayman, Cayman Islands - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has received the Ecology permit for oil production at Kulbas. This permit is valid through December 31, 2024. The company is in the process of commissioning the facilities to start production from KBD #2 and KBD #6 as soon as possible. The commissioning with the connection to KBD#7 is scheduled to be started on December 1, 2024. The Ecology permit application for 2025 is currently under review by the Ecology department. The permit for the gas flaring for 2025 has already been received.

[cutliff2] 18/11/2024 17:00

As ever Peter.
Are they not late reporting Q3 earnings as well 🤔

[1399peter] 18/11/2024 16:33

"too the wire and beyond"

[dr3dd] 16/11/2024 21:39

What a week, what excitement. ;-)