Tethys Share Discussion Threads

[1399peter] 08/3/2024 22:38

Just for those interested. on the 30-08-2010 Tethys had an all time high of $21.90 in todays money.

I think we need to smash that this time around.

[1399peter] 08/3/2024 17:06

There can't be that many shares left on the MM's books. They'll have to whack it up again to encourage a bit of selling.

[1399peter] 08/3/2024 16:57

We've been thinking "any day now" for the last 6 weeks, so it's stands to reason we'll be right one day LOL.

[dr3dd] 08/3/2024 13:47

Better late than never....

[dr3dd] 08/3/2024 13:45

Maybe it is time to actually use this from the Tethys website when there is a possibility that they might be right after 7 years!

[dr3dd] 08/3/2024 13:36

As an old investing phrase goes, and for once I actually agree with it regarding Tethys Petroleum..........

[tankerton] 08/3/2024 12:27

Peter,
No not necessarily. I still think the acceptance of the field plan is worthy of an RNS in its own right given the stated critical nature of it and certainly the huge uptick in trading indicates imminent news so I still think news could drop any day. It's just that I think people were confusing protocols with a decision time. It's very hard to say what's going on behind the scenes, it could just be that there is some discussions with the authorities over the field plan that has delayed their decision by a few days.
We just don't know but I expect news anytime now.

[1399peter] 08/3/2024 12:13

Tankerton,
As you say, Tethys have bundled news together in the past and is most likely the case this time as well.
Guess we're gonna have to wait till next month.

[tankerton] 08/3/2024 07:51

cutliff2,
I am just as frustrated as everyone about the current situation but I will just make two points about the stated two weeks.
If you read the RNS then the two weeks referred to the receiving of the protocols which I think I and many others perceived to mean a yes or no on the field development plan, which technically it doesn't because protocols is a set of rules.
Secondly as I said before, Tethys does tend to clump news together so it could be that they will just announce the granting of the production license without flagging up the three stages to get there.
There is no misinterpreting their intention to restart production by early April however and to do that everything needs to be signed off.

[cutliff2] 07/3/2024 22:36

Your probably right Tankerton but the constant delays and missed targets sure get you down.
How many weeks are we beyond the stated two for news?
Moving from the Canadian backwater to the NYSE would be a big positive,no doubt about it.That would say more about their intentions than an RNS.
We will probably be back near $1 tomorrow on 50 sells 🤬

[tankerton] 07/3/2024 21:44

Dr3dd, as frustrating as things are at the moment, the bottom line is that if things turn out the way we hope then not only will there be upward momentum but you will be looking at multiples of today's price even before growth, and or a takeover is factored in.

[dr3dd] 07/3/2024 21:15

Interesting info tankerton.

[tankerton] 07/3/2024 19:41

Dr3dd,
On days where the bots exchange single figure trades it is relatively easy to control the price. On days where there is higher volumes it is not so easy. This last couple of days we have seen the effects of one way trading resulting in a huge 82% gain followed by days of two way trading resulting in high volatility.
It is this matched bargain basis that we need to get away from.
A move to the NYSE is definitely the right move.

[dr3dd] 07/3/2024 17:04

Ratfan were you the only one in profit apart from the major investors when those 360 multiple 100 trades were made a few days ago? LOL

[ratfan] 07/3/2024 15:59

Funny how they can walk the price up on not a great deal of volume now some news is imminent. Not that I'm complaining! 1.50 CAD is breakeven for me so hopefully a bit of profit to be seen this year!

[dr3dd] 07/3/2024 15:12

The market is awake....

[dr3dd] 07/3/2024 12:38

Tankerton, ah got it hence the spikes up and down achieving bare minimum.

It worked in Bills favour though as he has bought multiple millions and the share price has hardly moved.




Come on Bill lets kick this cowboy exchange in the butt and lets start Tethys new era on a professional exchange.

You have got what you want out of it now let this share price run


And lets have an update on this company changing news that you have been working on for 7 years!

[tankerton] 07/3/2024 12:32

Dr3dd,
Because it's on a matched basis. The problem with matched trades is that it leads to a highly volatile price which is why we need to get off this exchange as soon as possible.

[dr3dd] 07/3/2024 12:24

Agreed, the trading looks a little suspect to me! How can 3000 sell wipe 40% off of a share price.


All adds to the comedy that we have had to endure over the near decade.

[1399peter] 07/3/2024 11:55

Wouldn't it be nice to see some of those shares at $1.75 offer, get snapped up today. Rather than the usual boring snoozefest of a stand off.