Tethys Share Discussion Threads

[temporarily insane] 06/10/2016 16:11

That was my thought as well, hence the screengrab showing that JP Morgan were still on the list on Morningstar...........Post 11589

Albeit at a % below what is published.

[casual47] 06/10/2016 16:01

IMO, I think JP Morgan are still selling. They dropped below 5% a few months ago so there won't be any holding notifications but that still leaves nearly 20 million shares to get rid off and TPL isn't all that liquid, hence imo the drip drip of 100K trades

[temporarily insane] 06/10/2016 15:43

Cheers for the reply.


BTW I would prefer to believe that Olisol are honest successful businessmen who want to make Tethys a massive success.

[casual47] 06/10/2016 15:37

The 63 million shares they have now was a placing so it wouldn't have shown up as a transaction, so no brokers.

[temporarily insane] 06/10/2016 15:31

Actually, for once that was a basic question. Lol

I was wondering who the brokers were, who were picking up the shares sold that Olisol agreed to buy at a set price stated in an earlier rns.

That was all.

[casual47] 06/10/2016 14:53

TI....It's complete b0ll0cks. There is no such thing as "olisols brokers". It's completely nonsensical.

Unless you believe that Olisol are criminals and are committing fraud, of course.

[temporarily insane] 06/10/2016 14:27

Does anybody know who Olisols brokers are?

[temporarily insane] 06/10/2016 14:26

And not surprisingly a 100000 sell trade comes through just before TSX opens.


The mms are still trying to get the LSE down to the corrupt exchange level.


Lets not kid ourselves that this is all random.







Oh and Yesterday.........

[casual47] 06/10/2016 11:46

I am still scratching my head as to why a vote was taken on the AGM to allow Pope to convert their convertible loans/warrants, seeing as the conversion price was $0.19 -- it seems a pointless exercise as it will never happen.

What would make more sense is for Pope to agree with TPL to replace those loans with new ones at a later maturity date but at the same placing price as Olisol: 0.054 CAD.

D64 -- could you see if your contact at PAM might answer this?

[casual47] 06/10/2016 11:23

To create shareholder value for Pope this needs to go well north of 7 pence.....not to mention the loans he has outstanding needing to be paid back....which won't happen if this thing collapses.

[casual47] 06/10/2016 09:09

I guess this would be Olisol:

"The Company's management has operated in the former Soviet Union for more than 15 years and is able to utilise existing contacts and capabilities to capitalize on new opportunities in niche technical and business areas throughout the region leveraging on a proven track record of success."

[benandemmiboo] 06/10/2016 09:02

FYI that the Tethys website has been updated in lots of places -- their plans/strategy, etc. Why are they updating now? I can only think of positive reasons.

[truenorthcanuck] 05/10/2016 22:47

Little old, but PAM bought 5 million back in June (before the current issues)....gather he must have seen some light at that time. Still hopeful!

Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price
Jun 20/16 Jun 20/16 Wells, William Paul Indirect Ownership Common Shares 10 - Acquisition in the public market 5,000,000 $0.030

[temporarily insane] 05/10/2016 14:58

How long does this have to take.

[casual47] 05/10/2016 09:29

On a positive note, with the pound dropping the placing will now be at the equivalent of 3.2 pence, i.e. double current SP

[temporarily insane] 04/10/2016 14:12

Somebody is trying hard.........


Making a market my ass, manipulating the market, definitely! Just to make a change.

[casual47] 04/10/2016 12:15

Don't think the two are related. Olisol released more than $3 million while the court case was still ongoing and while the Kaz subsidiary's bank account was frozen.

There's only $1.7 million still needed -- I doubt they would have been holding back that small amount just for the court case.

IMO, TPL is most likely just waiting for the KAZ authorities to renew the permits for the placing to happen, as these and other permits expired 2nd September and after.

[loobrush] 04/10/2016 11:54

Well its looking better than it did. Court case settled ,I expect oilsil now happy to release some cash. You never know, things might start to improve quite drastically.

[casual47] 04/10/2016 11:02

IMO, and as I mentioned earlier, besides something extraordinary happening (e.g. takeover bid by 3rd party) there are only two things that can lift up the share price in a sustained fashion in the short to mid term:

1. Olisol needs to complete the deal. We are in limbo now and limbo means uncertainty. Uncertainty=depressed share price.

2. News on additional funding. Once the placing is completed the uncertainty regarding Olisol has been lifted but there is still the larger uncertainty regarding funding for drilling and TPL being a "going concern". The Olisol placing alone will not remove this uncertainty as a great deal of the money that will be raised with the placing has actually been spent already, G&A for the next 12 months alone will be around 8 million USD, there is an 8 million USD loan that matures in March next year and most of the other $22 million loans mature in summer 2017.

[temporarily insane] 04/10/2016 10:59

^^^^^^^

Good comment.

[casual47] 04/10/2016 10:45

Sorry, but BigNutter and most other posters over on Stockhouse are full of sh1t. They either have no clue or are ramping.

The court case was not a milestone, it was barely a foot note.