Tethys Share Discussion Threads

[1399peter] 15/1/2018 19:59

This is looking a bit more like it,

[hguess16] 15/1/2018 16:38

Someone or a few have taken notice and
have decided to get the show moving with nearly 7m shares being traded.
I wonder if something else is cooking in the shadows ?.

[mount teide] 15/1/2018 16:30

Good lord! An observation rarer than a Lord Lucan sighting - a TPL share-price above the 200MA?

Surely not - there must be some mistake?

[mostro] 15/1/2018 16:23

Well knock me down with a feather!! just spat my afternoon beer across the table when i saw my TPL monitor!!

[devonlad] 15/1/2018 16:22

Well 8 wells out of 8 are commercial, just a shame that they couldn't have followed this strategy a while back, it's all still there, just in the ground!

[redstone64] 15/1/2018 15:57

Coming back to life? 0.025-0.03 bid-ask spread.

[temporarily insane] 13/1/2018 14:39

Cheers for the reply.

If Pope and Kumar/Yessenov can take up more shares in Tethys at US$0.031 why do they not take up a bunch at these depressed levels that we have all been forced to live with for the past 2 damn years whilst the slow cogs of Tethys bumble along?

[hguess16] 13/1/2018 11:01

TI,
There are 508m shares of which 240m are
held by the major players incl Pope,Kumar/Yessenov and Olisol.
This leaves about 260m shares held by others incl PI'so.
The share price is likely to move up only if holders of the 260m shares see positive
signs of Tethys recovery in the near term. That will occur when the EGG/TAG
dispute is resolved and money starts to flow in from increased output of oil and gas and better pricing.
The share price can only increase with signs of confidence in Tethys financial recovery.
Any move up from 2 cents to 4 cents would also trigger the right of Pope and Kumar/Yessenov to take up more shares in Tethys at US$0.031.
The key is confidence in the recovery of Tethys in the near future.

[neilyb675] 12/1/2018 17:18

Toppix

I called Clive today. I was informed he was "working from home" so I forwarded on my original email to him.

No response......YET

[toppix] 12/1/2018 16:18

Neilyb - I also sent a similar email and have received no reply.

I shan't shake the cage until the transfer to TSX-V is confirmed.

[hguess16] 12/1/2018 16:01

TI,
I understand an attempt was made to bring the perpetrators of the Tethys near collapse caused by bad management and "high living" using shareholders funds.
Gathering credible evidence relating to misuse of funds amounting to possible fraud and collusion was nigh impossible
due to a combination of factors incl the lack of funds, collapse of oil prices and a " closed environment" relating to past events.
Trying to save Tethys from bankruptcy
had to take precedence !.
Olisol then changed its stance from a potential "saviour" to a determined
Obstructive force which Wells and May
have had to contend with.
Perhaps we should now focus on the signs of recovery in production and
improved pricing and the Supreme Court
Suspension of EGG claims.
Alas Robson is no more and his flock are not on board.
Let's hope for a better future for Tethys and its long suffering shareholders !.

[hguess16] 12/1/2018 15:42

TI,
I understand an attempt was made to bring the perpetrators of the Tethys near collapse caused by bad management and "high living" using shareholders funds.
Gathering credible evidence relating to misuse of funds amounting to possible fraud and collusion was nigh impossible
due to a combination of factors incl the lack of funds, collapse of oil prices and a " closed environment" fre

[temporarily insane] 12/1/2018 14:57

Is there any way we can get ALL holders together and sue ALL the previous management personally under the Robson era for our losses due to incompetence theft and everything else this lot were doing??????

[hguess16] 12/1/2018 14:27

Devonlad,
I have seen no evidence of previous management keen on maximising existing
production from wells until Ken May took over to focus on increased production.
If Olisol had been sensible and realistic from the start, all these disruptions by them could have been
avoided and May could have got on with
the job of focusing on production and
distribution.
I do hope Olisol have now come to their
senses following the Supreme Court ruling and help to resolve this dispute
soon.

[devonlad] 12/1/2018 14:06

Hmmmn, it would be very interesting to find out what the compression capacity is. The RNS implies that the results are pretty good. They are shutting down 3 wells to get a reserves report done rather than leaving them on production to raise much needed cash so there must be a material impact on reserves here. I would also envisage that there will be some urgency in repairing and upgrading the equipment and probably getting a decent company in to do the maintenance in the future. Far better to have the problem of repairing poorly maintained equipment to increase output than to have great equipment and no output to increase it with. starting to look very interesting again.

[temporarily insane] 12/1/2018 13:12

Olisol should be requested to issue an apology to shareholders for failing to
acknowledge the ruling of the Supreme Court and misleading the market.............

...............And make a donation of ALL of their shares for intentionally corrupting the market share price for so long....trying to force Tethys into bankruptcy by not fulfilling their obligation of the lump sum payment. Maybe a good thing now though.

[hguess16] 12/1/2018 11:33

Devonlad,
The only latest reference I have seen relates to the ESP installation which aimed for 2500 bopd.
I have yet to locate output levels related to the compression station.
Perhaps the info has been "compressed" into the Q3 or Q2 financials !.
Re the Olisol PR on 2 Jan, I am surprised how Olisol disregarded the
KZ Supreme Court ruling of 29 Dec to suspend the EGG claims.
Olisol should be requested to issue an apology to shareholders for failing to
acknowledge the ruling of the Supreme Court and misleading the market.

[devonlad] 12/1/2018 09:33

Ok, what was the output from the compression station, the existing compression capacity was pretty big as I remember, anyone know for sure?

[temporarily insane] 12/1/2018 08:59

Well thats good news.

Now this report does not sound like a company that is going to fail.




Time to buy some more.