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TPL Tethys

1.125
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tethys LSE:TPL London Ordinary Share KYG876361091 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.125 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Tethys Share Discussion Threads

Showing 63251 to 63271 of 63475 messages
Chat Pages: 2539  2538  2537  2536  2535  2534  2533  2532  2531  2530  2529  2528  Older
DateSubjectAuthorDiscuss
15/4/2024
09:32
It's always been about control with Tethys. First they try and steal it, then they try and force small shareholders out and now they are squabbling amongst themselves.
It's always been about control and the good news is that with the signing of the production license we should finally find out what they were fighting for.

tankerton
15/4/2024
04:42
I didn't get any more info than that. But clearly they're not happy in that camp. But it won't affect Tethys as a whole.
1399peter
14/4/2024
21:49
That is why the board need to be pro active rather than the 10 years or so of reactive.


1399Peter did you question the change of ownership of Olisols shares or whether Olisol ave just changed their name for the next stage of whatevs?

dr3dd
14/4/2024
20:58
Unless of course we get treated to yet more dramas. I mean anything can happen in Kaz, far too often for Tethys.
1399peter
14/4/2024
20:01
Hopefully things will look a lot better by the summer.
1399peter
14/4/2024
18:08
The reply from Tethys was a firm "Not to our knowledge"
So I think we can rule out any involvement in Tajikistan.

So perhaps all the excitement at Olisol is based on the commercial license and maybe knowledge of something in Kaz, hopefully pertaining to Tethys recent purchases of adjacent blocks

1399peter
14/4/2024
17:01
Yes I was thinking I had read something like that but then,
I dug this out of the 2018 MD&A report. Looks pretty final to me.



Results of Operations and Operational Review - Tajikistan
On December 30, 2017 the Company announced that its subsidiary, Kulob Petroleum Limited
("Kulob"), had been notified of the final arbitration award in respect of Kulob's interest in the Bokhtar
Production Sharing Contract ("Participating Interest") and Joint Operating Agreement and
Shareholders' Agreement ("JOA") with Total E&P Tajikistan B.V. (“Total”) and CNPC Central Asia B.V.
(“CNPC”) pertaining to oil and gas exploration and production rights in Tajikistan.
The Arbitral Tribunal of the ICC declared and/or ordered that Total and CNPC are entitled under the
JOA to require Kulob to withdraw from the JOA and assign its Participating Interest to them and Kulob
should do so.
In view of the circumstances described above, the results of the Tajikistan segment have been
disclosed as a discontinued operation and shown separately from the results of the Company’s
continuing operations. In accordance with the disclosure requirements for discontinued operations,
the comparative figures in the Income Statement have been restated to be consistent with the current
year presentation.
On May 31, 2018, Tethys Tajikistan Limited and Kulob were struck off by the Cayman Islands Registry
of Companies. As a consequence, the Company has lost control over those subsidiaries and
derecognised their assets and liabilities and the related non-controlling interest. The resulting gain has
been recognised in profit or loss.

1399peter
14/4/2024
14:16
Yeah, I remember when it came to the end and tethys pulled/ was pushed out, there was a clause where we could buy back in if we wanted, I'm pretty sure that was the case. Interesting.
wrighty46
14/4/2024
11:33
Wrighty,

Tankerton's posts have sparked a few thoughts about Tajikistan. I don't know if he has any knowledge about possible Tethys involvement or that it's pure speculation on his part.
As far as I know, we no longer have any involvement in this project. So I have written to Tethys to ask the question.

IMO, it would be daft to rule it out completely. Probably wouldn't happen this year but if all goes well regarding commercial licenses, Tethys could have the cash next year to get involved Bokhtar. It would make sense for the Tethys strategy of becoming a large oiler. And they don't get much bigger than Tajikistan.

1399peter
14/4/2024
10:10
Share your thoughts. I'm intrigued to hear them ?
wrighty46
13/4/2024
12:02
Obviously the commercial license will be a game changer for Tethys. It will certainly quadruple current revenue, that being a conservative estimate.
But would this alone be the reason for the Olisol infighting, or is something else brewing. Something far bigger 🧐 🤔

1399peter
13/4/2024
00:02
1399Peter, they have to start crawling before they can walk, let alone run and by the time the board sort anything out they will all be in zimmer frames and we will be living on the moon!
dr3dd
12/4/2024
23:42
Clearly Tethys couldn't afford this folly at the time. None of us know the conditions that were set after the arbitration found in favour of Total and CNPC's complaint about Tethys "at the time". There might have been conditions set for re-entry if Tethys could ever afford to do so. Who Knows.

Personally, I hope that Tethys are not considering this project

1399peter
12/4/2024
23:12
Classic Tethys management!
dr3dd
12/4/2024
22:51
I stand corrected with work now having started.
tankerton
12/4/2024
12:16
Any guesses on what the share price will be by the end of April?

The Mrs wants a new kitchen - LOL

karmicpete
12/4/2024
05:02
I expect we'll see a new version of Olisol FZC soon
1399peter
11/4/2024
23:24
------------------------------------------------------------------------------
Total stake in
total number of
Common shares, company
Names units offered shares, %
------------------------------------------ ----------------- ------------------
Pope Asset Management 43,443,715 37.82
Nautilus Investment FZE 17,415,392 15.16
Gemini IT Consultants DMCC 7,950,000 6.92

ir99
11/4/2024
21:55
Goose is about to start laying, so it stands to reason that some will want more golden eggs than others
1399peter
11/4/2024
21:50
Apparently there's a wrestling match going on
1399peter
11/4/2024
18:00
I think it's safe to say, that the larger share holders are obviously expecting a turnaround or sale. You don't squirrel your investments for no good reason.
1399peter
Chat Pages: 2539  2538  2537  2536  2535  2534  2533  2532  2531  2530  2529  2528  Older

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