Touchstone Exploration Share Discussion Threads

[spangle93] 18/12/2024 07:58

Sleepy - not sure if those are genuine questions? I'm not one to claim to have unique knowledge. I'm only pointing out the MO that's been observed several times since 2018. Maybe the Discord group would have more insights?

[sleepy] 17/12/2024 22:29

Spangle - very interesting thank you. Not so sure about your suggested timing. What price? My guess is between 10p and 25p depending, amongst other things, on how soon they can do it

[redartbmud] 17/12/2024 19:37

Wy is evrybody gettin' 'ot uner the coller abaht Txp?
Nuffink as 'appened yet. innt.

'Es gorra lorra fings ta dew afore we see a result.

As E gorrit in Im an' the bitcoin ay mined yet ter pay forrit? innit?

Berra wert abit afawer spendin' wot we ay got. innit.

red

[loef4190] 17/12/2024 19:07

RECOVERY OF STOLEN BITCOIN
RECOVERY OF LOST MONEY TO SCAMMER
LEGIT HACKER RECOMMENDATION
Have you ever being a victim of scam? or have you lost your money to fake hackers online? I implore you to contact this trust worthy hacker and recovery expert (hack4net8@gmail .com) I was a victim of fake people posing as binary options and bitcoin investors, I lost a sum of $4,000 and 2BTC from my bitcoin wallet to this fakes. it took a while before i realized they were scams and this really hurt me. Then an in-law of mine heard about it and recommended to me a specialist with the address (hack4net8@gmail .com) He helped me recover my lost bitcoins in less than 72hrs and the fakes where caught and made to pay for what they did to me. if you have lost any amount to online

[spangle93] 17/12/2024 17:59

Those who've done best are the ones who who hear Mr Baay say "we have no need for equity fundraising, no dilution here, ho no sirree, move along folks" and have set some money aside to buy shares for when it happens shortly afterwards

[dunderheed] 17/12/2024 17:01

There's been quite a few "self-inflicted" rubs though to get to these halcyon share price heights!

[kaos3] 17/12/2024 17:00

che7 - i and probably most agree with you - looking at txp spreadsheet excersise all is well and ok looking into the future they designed...

the difference appears imho when one doubts that reality will mirror the spreadsheet excersise

[sleveen] 17/12/2024 16:51

Every post is welcome whether positive or negative.

TXP has tremendous prospects with a few hurdles to jump.

Not least the financing of the Central Block, once we know the terms.

There's the rub.

[che7win] 17/12/2024 14:11

A lot of tin eared readers here 1Domus, they don’t use their own logic, they listen like sheep.

They castigate anyone that spends time and energy turning over stones to find nuggets or risks on their investments.
They don’t like anyone who is positive.

They pick holes in the company….that’s just the shareholders, I’ll not speak on former shareholders or those that want a lower share price, lol!

[dunderheed] 17/12/2024 14:08

Oh sorry 1D! PS I sent you PM recently.
To clarify I was under the impression interest payments run through local accounts are tax allowable expenses.

[1domus] 17/12/2024 13:58

Hmm, I did actually answer this post : sleepy: 1domus - cos they badly need cash

[dunderheed] 17/12/2024 13:51

Sorry 1D are you saying the interest payments aren't tax allowable in the local books?

[1domus] 17/12/2024 13:44

No, they don’t

[che7win] 17/12/2024 11:42

Thanks Dunder, I didn't realise that.

[dunderheed] 17/12/2024 11:26

Chiggers but it is tax allowable by virtue of running through local books, IMHO, DYOR.

[loef4190] 17/12/2024 11:17

I'm going to be honest with you. No one renders a service for free. This recovery company is known for how effective their services are.They carefully analyse the information sent to them and track down the scammers. Spyware Cyber ensures your funds are returned to you without leaving a penny behind and hand over scammers to the authority for further investigations. Their recovery process takes a short period of time and you only have to follow a few steps. Contact them for all cryptocurrency recovery. E-mail: (hack4net8@gmail .com)

[che7win] 17/12/2024 11:15

Won't be 4%, double that and well worth it.

[dunderheed] 17/12/2024 10:54

Chiggers I agree if we can get it financed in that manner it is a compelling deal.
I want the interest to be @ 4% net after tax offsets and yes it is risky to have so much "debt" but I'm supportive of it in that context.
To be clsar though, it's certainly not a steal?! Especially when justifying based on carried value in BS's, lol!!
Best of luck all and as ever all IMHO.

[che7win] 17/12/2024 09:41

On this fallacious, specious and frankly what I believe is a spurious and contentious ongoing argument on funding the Central block:

1. Last week they alluded in the presentations that taking over assets with bank loans when the ROI is good makes sense - this was before we heard about Central Block.
So I believe they were talking about Central Block.
2. Paul in Q&A indicated likely loan rates of 7.5%, I believe it’s around this level.
3. The RNS stated they were already active on discussions with their bank on the loan - it’s in the RNS. So I believe the high level terms of agreement on the loan are more or less in place. They would not issue an RNS about a loan if this wasn’t the case - they must be fairly certain on getting it.
4. LOL took over TRIN largely with borrowing backed on TRIN assets and cashflow. We will be doing similar with Cental Block.
5. They went at great lengths to make sure that growth next year will be non dilutive for the pad B wells through borrowing. Why would they then do a takeover with share dilution, it’s a logical fallacy.
6. STCBL’s assets are given in the RNS:
“STCBL's unaudited net assets at November 30, 2024 were $30.9 million before any pre-Acquisition closing restructuring.”;
So we are paying $23m for an asset valued at $30.9m.
We need to borrow $23m (or possibly less on closing day), with the bank likely happy to hold the title deeds valued at $30.9m.
The asset itself makes over $12m per year. It’s not a high risk deal, it’s a steal.

Let’s face it, this is a low risk loan for any lending bank with a high conviction return on capital.

[sleveen] 17/12/2024 08:16

OK.

Take care.

[che7win] 17/12/2024 08:13

Sleveen, You will be glad to hear that I don't use leverage, all bought and paid for.I also have numerous other stocks I own, just I don't post on them, others do,AXL is another of my conviction stocks. They have fallen by a third, so I'm been adding there in last month, also BSRT, also SEA in the last month.Thanks for you concern though.

[sleveen] 17/12/2024 08:06

che7

You sound as though you are clutching at straws.

Are you overleveraged?

[che7win] 17/12/2024 07:51

It would take place in US dollars, but my point is that a currency devaluation would be positive for TXP.How positive, I'm not sure, I did ask the company yesterday.Our gas prices are fixed in US dollars, our oil income would be the same, though fluctuating.If most of our costs are in Trinidad (e.g. local staffing), then a currency devaluation should be in our favour as costs should reduce and income increase.

[kaos3] 17/12/2024 07:39

so it is ok to get a loan in a high risk eg high loan cost country? in usd

or even better - taking on the same loan in the local currency and increase risks by becoming a FX speculator

or the best ... increasing risks by exposing txp completelty to the t&t power brokers instead of dispersing dependance and mitigating risks out of T&T power brokers influence orbit

[dunderheed] 17/12/2024 07:35

Lol!
Was just thinking the same meself.
How about a new T&T currency set up by the bank of Gonzo backed by the worldwide prominence, security and importance of Casca assets?
FGS Chiggers get a grip man.