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Share Name | Share Symbol | Market | Stock Type |
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Touchstone Exploration Inc | TXP | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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19.75 | 19.75 | 19.75 | 19.75 | 19.75 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 29/5/2025 09:34 by dunderheed 39890, respectfully I don't really think this asset was at the top of their strategy list and was hence staffed at the adequate skills set appropriately, for the purpose required? IMHO.EDIT, they also called TXP first because they wanted rid of assets. I was also disappointed to hear that because I thought this was TXP pro active BD and part of their own (quite obvious?) strategic thinking. I always thought the two obvious acqs (Trin and CB) were part of an initial TXP strategic plan. I am now inferring only the strangely timed (yet obvious from a potential tax set off scheme if applicable) was part of the TXP strategic plan which is a little disappointing considering CB was always the better asset IMHO? |
Posted at 15/5/2025 08:34 by ashkv What utter falsities - I used to be pro TXP AND INVESTED IN TXP until management repeatedly failed to deliver!! REPEATED MISSED TIMELINES / GUIDANCE et al!!!I have made a lot of money on TXP - it has been so far my lifetime superstar share!!! I bought in around 15p and around 25p - and sold all the way up to 160p and on the way down to the 80s!!! Post my initial complete exit I repurchased TXP at around 80p - sold flattish and have been closely tracking TXP ever since!!! I am invested in the share / know the company reasonably well!! I would have liked to be long TXP and cheerleading it as I am AXL and other shares!!! Sadly TXP has displayed a track record of failure on the geological and management front - and I have not been keen to invest in the share. I am very sour TXP's management and as I am familiar with the share on the odd occasion provide my view as a counterpoint to the many cheerleaders on this board. THIS ACT CHARACTER IS AN OCD SORT WHO USED TO LURK INCESSANTLY ON THE TRINITY EXPLORATION BOARD AND THE ONLY WAY TO CURTAIL A BACK AND FORTH WITH THIS TWISTED CHARACTER WAS TO WALK AWAY / TURN THE OTHER CHEEK. Obviously is a petulant sort who still bears a grudge :) I am happy to be under your skin :) BTW POST TRASHING TRINITY EXPLORATION - HE FINALLY INVESTED AND LUCKILY JUST ABOUT BROKE EVEN WHEN THE HIGHER BID ARRIVED POST TXP's OFFER for TRINITY BEING TRUMPED. MENTALLY UNSTABLE - AND I WILL LEAVE IT AT THAT!!! Arlington Chetwynd Talbott14 May '25 - 11:31 - 39795 of 39801 0 1 1 If anyone becomes interested in AXL on the back of ashkv's ramping, remember that he used to ramp TXP all day long using exactly the same format and reflect on how that turned out. Always DYOR and remember that BB rampers (even more so Telegram and Discord rampers) are bad for your wealth. No one should ever commit a significant amount of capital to shares like these. Even my beloved PTAL, as a single country play, is not for widows and orphans. Stock selection should really just be a question of choosing between Newmont and Barrick. Or you could have both. There you go - job done, PF secured - now you can go outside and play. |
Posted at 14/5/2025 11:00 by sleepy Seems a pity not to mark the first anniversary of the TXP bid for Trinity. This from a poster on the TRIN BB last May01 May 2024 - 07:29:13 - 7437 of 8239 Trinity: OIL PRODUCER 2020 - TRIN Skyship, As a TXP shareholder, I can honestly say I think TRIN shareholders are getting a steal. Because of one thing - Ortoire and specifically Cascadura. TXP production is forecast to reach 14500 boepd by end of this year, you guys will be joining the ride at the best time in 3 years |
Posted at 14/5/2025 10:11 by ashkv Sirmark going to town as to how share price below May 2025 placement at 20.5p is a steal - TXP share is at a stonking discount etc - IIs have kicked the tires and made a considered investment... Laughable!!!Sirmark needs to review IPO/equity raise prices of firms with far more so called due diligence - CABP Cab Payments, ROO Deliveroo, DOCS Doc Martin, THG, Boo Debenhams/Boohoo.... What a tawdry reason to buy post recent equity raise!!! And how did the similar reasoning work out for the multiple TXP Equity Placements at increasingly lower prices / further dilution over the past few years!!! If Investors were privy to Q1 2025 production information prior to placement - than TXP is party to illegal conduct!!! Even PB would not go to such levels!!! |
Posted at 14/5/2025 08:37 by ashkv The relative mismatch in valuations across Small Caps in the AIM universe is astounding.Compare the Enterprise Value per flowing barrel for TXP versus Arrow Exploration (AXL) - while AXL has lesser reserves they are high value oil reserves versus low value low price Gas for TXP Production for AXL is now ahead of TXP on a quarterly basis Q1 25 and growth prospects / recent trajectory for AXL is far more exciting!!! However, AXL's ENTERPRISE VALUE IS ONE THIRD OF TXPs!!! Make it make sense!!! :( AXL Share Price -> 16.20p AXL Current Share Price vs 52 Week low of 14p on 9 Apr 25 -> 15.71% AXL Current Share Price vs 52 Week High of 33p on 27 Aug 24 -> 103.70% Brent -> $66.30 Market Cap (GBP) -> £46,310,024 GBPUSD -> 1.330 Market Cap (USD) -> $61,592,332 Production Average FY 2022 -> 1,345 Production Average Q1 2023 -> 1,635 Production Average Q2 2023 -> 2,169 Production Average Q3 2023 -> 2,518 Production Average Q4 2023 -> 2,335 Production Average FY 2023 -> 2,167 Production Average Q1 2024 -> 2,730 Production Average Q2 2024 -> 2,546 Production Average Q3 2024 -> 4,124 Production Average Q4 2024 -> 4,738 Production Average FY 2024 -> 3,542 Production Levels 23 Sep 24 -> 5,835 Production Levels 28 Nov 24 -> 5,500 Production Average December 2024 -> 4,899 Production Average January 2025 -> 4,500 Production Levels 10 Apr 25 -> 4,500 Net Cash (1 Apr 25) -> $25,100,000 Inventory (Q4 2024 Results) -> $177,400 Debt -> NO DEBT Enterprise Value(EV) (Market Cap + Debt - Cash) -> $36,492,332 EV/Barrel Q4 2024 Average Production -> $7,702 EV/Barrel 10 Apr 2025 Reported Production -> $8,109 Decommissioning liability (FY 2024 Results RNS) -> $6,307,659 2P Reserves (Year End 2024) -> 13,620,000 EV/2P -> $2.68 Shares Outstanding -> 285,864,348 Shares Outstanding (Diluted) -> 292,791,385 Net Cash Plus Inventory Component of AXL share price -> 6.65p Net Cash Plus Inventory % of AXL Market Cap -> 41.04% |
Posted at 14/5/2025 08:27 by ashkv At 18.6p even factoring for the Central Block acquisition TXP is overvalued relative to many more worthy E&P firms listed on AIM!That TXP management conveyed in a recent RNS that for the remainder of 2025 - post the current problematic Casc well and Casc 5 no more Casc wells are to be expected in 2025 telegraphs the insider take on Cascasdura prospects / reliability!!! It is all up to the Central Block - and if TXP management can get anything out of those assets!! Which at this point is an unknown!!! TXP SHARE PRICE-> 18.60p TXP share price vs 52 Week low of 18.6p on 14 May 25 -> 0.00% TXP share price vs 52 Week High of 38.25p on 11 Nov 24-> 105.65% Brent-> $66.30 Shares Outstanding -> 311,460,661 Market Cap (GBP)-> £57,931,683 GBPUSD-> 1.33 Market Cap (USD)-> $77,049,138 Mid-Production Guidance for 2025 (SUSPENDED) -> 7,000 Production Average Apr 2025 -> 3,628 Production Average Feb 2025 -> 4,274 Production Average Jan 2025 -> 4,800 Production Average Q1 2025-> 4,317 Production Average Q4 2024-> 5,287 Production Average Q3 2024-> 5,211 Production Average Q2 2024-> 5,432 Production Average Q1 2024-> 7,015 Production Average Q4 2023-> 8,504 2024 Actual Average Production -> [Re-Revised 2024 Mid-Guidance Production (5600 to 6200 boe/d)] 5,734 Net Debt (USD) 31 March 2025 -> $33,330,000 Enterprise Value or EV (USD)-> $110,379,138 EV/ / Per Barrel (USD) APR 2025 Average Production -> $30,424 EV / Per Barrel (USD) Q1 2025 Avg Production-> $25,568 2P Reserves (Boe) Year End 2024-> 50,063,000 EV/2P-> $2.20 |
Posted at 10/5/2025 07:46 by sleveen "it's maybe surprising that there are so many posting here when TXP have left us taking wild guesses and trying to pin the tail on a moving donkey that has previously identified as Chinook, Royston or Trinity but now goes by the name Central Block. The Management thinking here is fluid and moves like jelly. Nobody can keep up with what's coming next."Agree, I'm taking a bashing on the Discord thread for identifying that TXP have switched from annualised production forecasts (9.12.2024) to a forecast that mentions only during the 2nd six months (8/5/2025)rather than providing an annualised forecast for 2025. To me that distinction smells as bad as omitting Chinook from historic RNSs. TXP also say an updated forecast will be provided once the CB deal completes, IMHO they are going to be very disappointed. |
Posted at 09/5/2025 20:20 by spawny100 Turned very philosophical this evening this thread. Given that Philosophy is a "love of knowledge" it's maybe surprising that there are so many posting here when TXP have left us taking wild guesses and trying to pin the tail on a moving donkey that has previously identified as Chinook, Royston or Trinity but now goes by the name Central Block. The Management thinking here is fluid and moves like jelly. Nobody can keep up with what's coming next. Knowledge has been hard to come by.So many posts (40k in 7.5 years) on here over the last few years have been simply many, clearly intelligent people, trying to understand what Baay is REALLY saying in any of the RNS releases; they are nearly all ambiguous and require a lot of reading between the lines (and the wasted energy and bulletin board posts discussing) to get to any idea what they mean. Many times anyone interpreting an RNS in any kind of sceptical way got jumped on but was eventually proved to have been on the right side of history. Was particularly bad in the time of Pro and his many acolytes (like thebull8). I'll post an example from Mar 2021 when I raised the possibility that Chinook was perhaps not it was cracked up to be and the responses I got. I find it is often very informative to go back a few years to see what people were saying to each other about prospective discoveries etc; Chinook was clearly omitted from this RNS for a reason. Dunder was on the ball as usual. Someone was even suggesting that TXP could do nothing for the next 20 years and pay out dividends of £2.40 per share based on reserves. Absolutley bonkers. This was peak TXP insanity I think. |
Posted at 14/3/2025 11:09 by sirmark This Monday, Stuart Young takes office as the new Prime Minister of Trinidad & Tobago! As a strong advocate for the energy sector, his policies aim to enhance investment, drive exploration, and secure a stable regulatory environment.For Touchstone Exploration (#TXP), this leadership transition could mean greater support for oil & gas projects, improved gas pricing negotiations, and a boost to long-term growth. 🌍 With a focus on exploration, LNG expansion, and energy security, Young’s leadership is set to create exciting opportunities in the O&G sector. 🔹 Central Block Acquisition Closing Soon! TXP is set to finalize the $23 million acquisition of the Central Block from Shell, a move that will increase our production base by over 25%! This aligns with Young’s goal of boosting domestic energy security and strengthening Trinidad & Tobago’s gas supply. 🔹 LNG Pricing & Market Expansion: With Young’s push for improved gas pricing and LNG export market access, TXP’s increased production from Cascadura and the Central Block could position us to leverage global LNG prices and improve revenue potential. 🔹 Active Drilling & Growth Strategy: TXP’s ongoing development well programme at Cascadura is set to increase gas output in 2025, directly supporting Young’s vision for stable energy supply and investment in high-return assets. 🔹 Strategic Infrastructure in Place: With two operated gas plants, expanded production facilities, and newly drilled wells, TXP is poised to contribute to T&T’s role as a regional energy hub while benefiting from Young’s investor-friendly approach to O&G. 💬 What’s Next? As Young takes the helm, TXP is well-positioned to thrive in a pro-growth energy environment. Stay tuned as we drive forward with exploration, production, and a vision for a stronger, more sustainable energy sector in T&T! Stay tuned as we navigate this evolving landscape! |
Posted at 06/3/2025 11:21 by herecomesthesun CRIKEYI don't think Sir Rampalot is in any position to dish out "LOL's" !! User: sirmark Posted in: TXP Price: 34.75 Date: 6 Nov 2024 14:32 added 370k shares User: sirmark Posted in: TXP Price: 35.00 Date: 6 Nov 2024 15:18 added 480,000 shares looking good and ready for lift off !! User: sirmark Posted in: TXP Price: 34.75 Date: 6 Nov 2024 15:47 last of the 35p stock left sirmark - 11 Nov 2024 - 08:11:19 - TXP 40p now in sight !! sirmark - 11 Nov 2024 - 10:39:47 - TXP back to 60p soon !! bwahahahahahahahaha :) |
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