Touchstone Exploration Share Discussion Threads

[awise355] 06/11/2024 13:52

Constant stream of buys now

[redartbmud] 06/11/2024 11:39

Lauders

Is there any information on the period of the grant i.e. date of expiry, or date by which drilling has to be carried out?

Looks like PB will need to get out his Black & Decker.
He can do the training at the same time.

red

[awise355] 06/11/2024 09:48

Nice buying

[lauders] 06/11/2024 05:22

“The key provisions of the Rio Claro licence are the financial obligations to the State and the work programme to be undertaken by the licensee. The financial obligations include bonuses, minimum payments and annual surface rent.

“Provisions have also been made for training and research and development (R&D) contributions along with scholarships for nationals. The licensee has committed to a minimum exploration work programme which includes the drilling of three (3) exploration wells and the reprocessing of seismic data.

[spangle93] 05/11/2024 18:11

"The timelines are now getting compressed"

Would it actually have been possible to expand them?

[dunderheed] 05/11/2024 15:57

Ah of course, that's why the share price has dropped this afternoon. Good old Gonzo.

[captainfatcat] 05/11/2024 09:22

Good things come to those who wait...👍

[dunderheed] 05/11/2024 08:44

38364, lol.
S93, sorry for ignorance lately.
Did send v quick pm to you sometime ago.
I'll update ASAP, never seem to have any time anymore.

[11_percent] 05/11/2024 08:25

Sellers seem happy to take 35....

[11_percent] 05/11/2024 08:24

Maybe we're (mis)led to conclusions by the use of colour, but slide 22 looks a bit promising for Cascadura to say the least.

============

1tfc?????......or 2tfc....lol.

[spangle93] 05/11/2024 08:21

Maybe we're (mis)led to conclusions by the use of colour, but slide 22 looks a bit promising for Cascadura to say the least

[sleveen] 05/11/2024 08:20

That's 2 ducks with 2 more to line up within 2-3 weeks.

[flyinghorse1] 05/11/2024 08:15

Lease operators , who are buying Trinity owned Rio Claro via the subsidiary, so possibly some horse trading here to facilitate both parties.

[homebrewruss] 05/11/2024 07:54

The video will be world class :)

[redartbmud] 05/11/2024 07:45

Trinity scheme of arrangement becomes effective.

red

[kaos3] 05/11/2024 07:35

cretaceous is THE word for me

[11_percent] 05/11/2024 07:35

"Notably, these resources will be marketed under a distinct natural gas arrangement, separate from our existing Ortoire agreement.


Subject to regulatory approvals, we anticipate drilling the first commitment well on this block originating from the Cascadura pad C surface location and targeting a bottom-hole location within the new Rio Claro License."

=================

So......do we drill Rio before Casc B pad wells......I guess it depends on how long it takes to get the regulatory approvals.

[homebrewruss] 05/11/2024 07:25

New presentation showing possible Rio Claro prospectively

[dunderheed] 05/11/2024 07:24

I hope the different pricing model will not cause issues re unitisation (ie asset split) etc but if the price is higher than Ortoire it's simply a "win-win" anyway?

[11_percent] 05/11/2024 07:20

Yup....Rio is a dun deal.