Touchstone Exploration Share Discussion Threads

[sleveen] 13/11/2024 09:57

11 percent
"Part of the plant "expansion" at the Casc A Pad was the installation of a Test Separator."

Where did you get that from?

[dunderheed] 13/11/2024 09:54

38643, I totally agree but "they" did have some pertinent points in their riposte. I have had to point out previously to them, on another company that they had mis-calculated enterprise value of said entity which was a pretty basic mistake but sometimes they do make good points "in the jumble".

[11_percent] 13/11/2024 09:50

Ok.....it was a spike......a very short lived on......AND STRAIGHT BACK INTO THE RANGE.

There is a gap there to the up-side.......that needs to be filled.

The previous gap at 31 was filled this morning.

[11_percent] 13/11/2024 09:48

Part of the plant "expansion" at the Casc A Pad was the installation of a Test Separator.

This allows you to test flow the additional new wells from other Pads while still producing from exiting wells. it is basically a Test Separator......which can also be used as a Production Separator when not testing.

[sleveen] 13/11/2024 09:39

D'heed

So much mud thrown that a target is likely to be hit and stick.

[captainfatcat] 13/11/2024 09:32

I think with the extra compressor to increase capacity to 140 it's wise to reed between the lines a bit. I take it as one of our two compressors (45) each is not currently working properly or never has been and the newly installed compressor is to get back to 90 with a theoretical capacity of 140 if all working. May be wrong on that and it's nice to have redundancy when one needs to shut in for maintenance.

[redartbmud] 13/11/2024 09:22

Dunders

Maybe the £7.50 is all that remains from his initial purchase?

red

[eggchaser] 13/11/2024 09:20

I remain confident... brick by brick the barriers are coming down...

[ashkv] 13/11/2024 09:18

haha the Bentley tyre reference cracked me up :)

Even the Coho plant capacity / outlay appears to have been a premature super car tyre buy for a Ford Fiesta budget :)

kaos313 Nov '24 - 08:20 - 38458 of 38458
0 2 0
yesterdays sudden midday selling is now explained

when they increased their gas factory capacity to 140 is like me in the young age.

i bought 4 tyres for a bently. well i still have them waiting to be used...

why are they spending cash increasing the gas factory capacity at this stage is beyond my understanding. they know very well they will not need full cpapcity for a long time. go figure.

i thought they knew something very good is happening bellow the surface.

[kaos3] 13/11/2024 08:20

yesterdays sudden midday selling is now explained

when they increased their gas factory capacity to 140 is like me in the young age.

i bought 4 tyres for a bently. well i still have them waiting to be used...

why are they spending cash increasing the gas factory capacity at this stage is beyond my understanding. they know very well they will not need full cpapcity for a long time. go figure.

i thought they knew something very good is happening bellow the surface.

[dunderheed] 13/11/2024 08:16

38442, Leone my favourite was £7.50 by the end of 2024 by another ultra bull of TXP, lol.
S93, good post.

[ballymoss18] 13/11/2024 08:14

Spot on Red

[spangle93] 13/11/2024 08:13

What I was surprised to notice was that, even without the oil well -3ST on stream in Q3, oil revenue was more than gas revenue.

It's a wall, Jim, but a small one, and we're knocking it down brick by brick.

[dunderheed] 13/11/2024 08:08

Red, great post.
Promising results for the assets, but as ever, simply lowest quartile when compared to guidances, performance and efficiency of "management".
I used to really laugh when "others" seemed to put so much emphasis on the importance of irrevocables which were obviously based on public (and later) "inside" guidances!! But hey, the real issue there wasn't that fact, or that the experienced "management" hadn't agreed a divorce settlement but it was the "uk" system appeared to be limited with regard to governance of "takeovers", lol.
Where oh where is the long awaited response to the post AGM guidances regarding BOD composition as well?
As ever all IMHO, DYOR and best of luck all!
Yes it would be nice to finally see the BOD put their own hands in their pockets and purchase some material amounts of TXP shares as well of course.

[leoneobull] 13/11/2024 08:02

Pro....5 pounds by 2022. 30p....reality!

[johnoxxx] 13/11/2024 08:00

Over to me what DH?

[redartbmud] 13/11/2024 07:57

Still very much work in progress.
PB's favourite word appears to be delay(s)
Unfortunately that inpacts the bottom line and the bank balance.

The can has been kicked down thw road and into the long grass - again.

The positive side of the coin is that we are inching closer to a stable positive cash flow from the 'developed' assets.
The vexed question is whether or not the ongoing cash and profits generated will be sufficient to create a strongly growing long-term business.

red

[dunderheed] 13/11/2024 07:53

Over to you johnxxxx?

[ashkv] 13/11/2024 07:33

P.S. JSE CEO forked over another GBP 102k per RNS today for buying JSE shares - this is for the board participants who were disparaging me for my long standing buy JSE - that is at a substantial loss!!!

6 figure share buy from TXP CEO would certainly be a vote of confidence!!!

[kaos3] 13/11/2024 07:25

can this not be avoided with better engineering. it seems simplistic solutions are there. not that i have a clue - but costs are high

...as the Cascadura facility being shut-in four days to accommodate the tie-in of the Cascadura C flow line ...

ONGOING DECLINE AT CASCADURA - it probably is still linear because otherwise they would say something encouraging about it. I would appreciate some comments about it as at this point i do not get it why decline rate is not getting smaller. Strange. Is stimulation needed?

[dunderheed] 12/11/2024 17:30

Ah ok, edit John xxxx end edit, I thought you may have "assumed" that, genuinely I'm not so sure, there's been a seller since G's last presentation I think, so to suddenly highlight that may not be correct? However again also, I'm only being playful buddy and I think you knew that as well!