Tethys Share Discussion Threads

[temporarily insane] 18/6/2018 11:34

hguess16, hopefully the Board of Directors know what you have written and are acting on it.........otherwise lets get hguess16 on the Board of Directors so we can get Tethys creating some shareholder value for the first time over the past 5 years or so.....

Jeez.

[hguess16] 18/6/2018 11:25

ih_,
I am still waiting like other PI's for news, hopefully positive, that Mgt have finally
managed to come up with a sensible solution in order to get Tethys doing what it should be doing, ( PRODUCING AND SELLING OIL AND GAS at competitive prices),
now that Olisol/EGG have been found to be faulty in its claims, by the KZ Supreme Court.
My hope is that the delay in any announcement might suggest that Mgt are trying to resolve the current lack of cash needed for drilling more wells and negotiating better pricing.
Having had a look at Nostrum, who tried to acquire Tethys a few years ago, I notice that it has undergone a major reorganisation which has a new chairman and other Board changes, following the resignation of Frank Monstrey, its founder and former
chairman who may have been forced to surrender control incl his shares held via
Claremont, his investment vehicle. However, Nostrum have managed to obtain new funds to cover its production of oil and gas operations which are secured until 2022.
Perhaps Tethys might be able to obtain funds to secure its future too by perhaps offering its proven oil and gas reserves as collateral to potential lenders in KZ.

I still think that despite the " disruptions and legal disputes caused by Olisol/EGG
there is a possibility that someone will recognise that the proven reserves of oil and gas of Tethys in KZ alone, are adequate to provide revenues which will exceed its current liabilities and also some value to its long suffering shareholders.

Let's hope Mgt can at last get its act together on focusing on producing and selling
more oil and gas instead of getting involved in any more legal disputes that has
virtually sucked the lifeblood of Tethys during the last two and half years.

[ih_416583] 18/6/2018 09:45

Does Hguess no longer post? I always thought he belonged to mgmt -- who would spend years saying he'd invest as long as Wells and POPE was investing in it? -- or was a dutiful child of mgmt.
Anyway, so baffled how I ever could once hold 3 million shares in this. Don't feel lucky to have sold all at 1.5 US cents, but it's hard to have regrets for selling. Wells once sued his own investment on behalf of POPE; perhaps that will happen here too, though Lord knows how.

[1399peter] 17/6/2018 19:41

Cheers Casual, good to know

[temporarily insane] 17/6/2018 16:16

The surprise would be that Tethys management have actually begun to achieve shareholder value to some of the poor sods who invested via Pope Asset Management.....

[casual47] 17/6/2018 15:09

Sorry. Bigstar10 knows nothing. He is either an idiot or a ramper. More probably both. He has never said anything intelligent. Only stupid rampy stock phrases....all the way down to 1 cent.

[1399peter] 17/6/2018 13:03

TI

Well we have all been holding tight for three plus years now, I can only hope that your cut&paste from Stockhouse has some news behind it.

[temporarily insane] 14/6/2018 23:54

Looks as though Tethys management have won so far,....ruined the news releases, allowed the share price to be ruined, ruined everybodys enthusiasm and quashed conversation on worldwide discussion boards.


The previous previous management were supposed to be doing the same at 0.31 CAD....

.......THREE YEARS AGO!

[temporarily insane] 08/6/2018 15:37

Meanwhile another week disappears with the Board achieving nothing to increase the share price!

[temporarily insane] 07/6/2018 20:30

LOL...Funny guy!

[itchycrack] 07/6/2018 12:04

....meanwhile OXB has risen by over £2 per share in the past few days!
Just sayin :-)

[temporarily insane] 07/6/2018 09:52

Parthus...........

[parthus] 06/6/2018 23:51

The company have been “insolent̶1; for ever and a day !

[enamel4] 06/6/2018 15:50

The accounts have not been kept up to date. To produce a reliable set of up to date figures is probably difficult and time consuming especially if there are legacy issues still to be resolved. It is possible that when the results are known the company will be found insolent. We just don't know. Constant hammering of the Board seems pointless.

[itchycrack] 06/6/2018 05:02

....meanwhile Accesso (ASCO) has risen from 2000p to 2700p in just a month.
Just sayin :-)

[temporarily insane] 05/6/2018 22:37

Looks as though everybody has given up, sold out or put this in some slurry pit to fester.

[temporarily insane] 05/6/2018 22:24

In fact the management have been a bit disappointing in supporting their public shareholders.


I am sure the Chairman should be promoting the company not trying to steal it!!!!

[1399peter] 05/6/2018 22:05

TI

I do appreciate there could be all kinds of technical, legal and self preservation reasons for this dragging on and on and ON! BUT I also have to think the worst is possible as they aren't really giving us a lot to feel confident about.

[temporarily insane] 05/6/2018 19:03

1399Peter, so its the standard Tethys management again!!!!

I doubt it, but considering Wells and all the other Board are well educated in the world of finance, law and anything else to do with business they certainly are dragging their time on this!