Touchstone Exploration Share Discussion Threads

[swallowsflysouth] 19/12/2022 13:22

Spawn100, if you have none left, then you have no interest in the company, why post ?

[spawny100] 19/12/2022 12:53

Got to say this is looking very weak having gone below placement price. If 50 doesn't hold it's bad news and has a long way down. I know it seems ridiculous but I'd be selling right now if I had any left. The market no longer trust any of the seemingly random dates PB chucks out.

[joey1998] 19/12/2022 12:48

> I mean, if you paid someone to raise money at maximum dilution, you would be slapping them a Christmas bonus for a job well done.

Nail. Head.

[11_percent] 19/12/2022 12:47

Mmmmmm......so, everyone has given up on PB.

An RSI of 22 is really bad.......just saying.

[che7win] 19/12/2022 12:45

No one believes a word the company says anymore. Too many broken promises and missed deadlines.

It will take a long time to trust the company after they promised for 2 years there would be no dilution, and anytime during those two years they could have raised money at less dilution than last months fund raising.

I mean, if you paid someone to raise money at maximum dilution, you would be slapping them a Christmas bonus for a job well done.

So, we have a company that has failed on the operational side and the financial side…

[redartbmud] 19/12/2022 12:43

We can all whinge as much as we like, but nothing will change on the PR front as long as PB remains in charge.
Frustrating, I know, so I am treating my investment as option money going into the new year. It will either come good or we will be in the same position this time next year.
Not a clue which one to choose.

red

[jungmana] 19/12/2022 11:51

I bought more on Friday at 53.20p. Should be busy from January according to the CEO

[11_percent] 19/12/2022 11:41

RSI = 22......way, way too low.....bought a few.

[buffythebuffoon] 19/12/2022 09:34

At 7 years old it was probably in the same direction as the fork shoved the beans in your mouth.

Buffy

[redartbmud] 19/12/2022 09:20

Ya wet ya finger an' hold it up ta see the way the wind's blowin'.
Used to do it when we were ablout 7 years old.

red

[buffythebuffoon] 19/12/2022 09:10

I’ve tried every possible combination, and no amount of oedema gives me a consecutive combination of numbers in the 2023 fat finger forecast. So, just plain wrong.

Those of us who have been around here more than a year or two will remember the pre-Ortoire focus was on getting the bopd number up to 2,000. We just made it I think, or just shy of, depending on whether you counted between quarters.

So, for perspective, what is the end of 2023 daily production forecast?

Buffy

[dunderheed] 19/12/2022 09:00

On holiday at mmt so will not be posting much, but basically a mediocre lying overpaid team in charge.
IMHO, DYOR.

[spangle93] 19/12/2022 08:20

Here's a link to a FinnCap note this morning, which considers the effect of the fundraise on its projections and valuation.

One cracking typo so far... "Our 2022 production forecast falls 14% to 1,635 boepd with a larger 30% decline in 2023 expectations to 89,865 boepd. We expect growth to accelerate to over 19,000 boepd in 2024"

Bit of fat finger for 2023, or these shares are seriously undervalued.

The theme seems to be that everything is still to play for, but kicked down the road versus what they (and obviously most of us) were led to believe.

[specialistwasagypsey] 18/12/2022 21:41

Hello Prozac 🤣👆🏻

You are to oil shares what the Chinese are to Covid management

[specialistwasagypsey] 18/12/2022 00:17

50 % loss

Ouch 🤕

Never listen to internet oil share hero’s like Prozac

We live and learn

[specialistwasagypsey] 18/12/2022 00:15

Never listen to anyone called Pro

🤣🤣🤣

Lots of gullible punters still getting fleeced here 🤡

[the_gold_mine] 17/12/2022 16:32

That´s amazing Pro, not too long ago you were telling us how Cascadura was coming online for year-end 2021, and about how a mobile LNG plant could be brought in for Coho - truly two of the stupidest statements i've heard during my tenure of working on oil & gas projects.

But nice to see you are back ramping again after your brief hiatus, truly a shameless performance. Boris Johnston would be proud of the sheer brass-neckedness of your ramping.

[pro_s2009] 16/12/2022 23:15

Must say its been good to buy at the placing levels, these truly are cheap down here at this level with Cascadura now at most 14 weeks away......

Royston is the cherry on top which could easily see this past 150p on success, ever higher......but failing that.........you still have Cascadura on line soon and generating plenty of cash.

[arlington chetwynd talbott] 16/12/2022 11:51

Discord - echo chamber alert! Still could be worse, could be Telegram!

[junky monkey] 15/12/2022 15:41

Send me a PM if anyone has trouble getting into the Discord.

Also update your holding in the individual holdings channel, or Private Message me if you want to keep it anonymous. This is just so we know how many shares the group has contact with.

[soggy] 15/12/2022 14:41

Many thanks! No longer soggy-no-mates...

[homebrewruss] 15/12/2022 14:25

Hi Soggy, try this invite link to the TXP 'server' once Discord is installed:

Once you have joined the server in this link you should be able to view the JunkyMonkey link and look at all the other channels for TXP

[loafingchard] 15/12/2022 14:24

You need the invite link