Touchstone Exploration Share Discussion Threads

[redartbmud] 13/2/2023 10:32

11_

PB is the management!!

red

[11_percent] 13/2/2023 10:26

The issue is that PB wont sort the management out.

[dunderheed] 13/2/2023 10:16

34450 under11, at the risk of looking an idiot because you were being ironic, I'd say they've had a project planner in situ for quite a long time, actually!!
The "issue(s)" are probably a bit bigger than that!! IMHO.

[11_percent] 13/2/2023 10:09

Mmmmm....yes.....447.....could be something Churchill said just before D-Day.

[spangle93] 13/2/2023 10:03

redartbmud - as Donald Rumsfeld is dead, could you get an actor to record post 34447. Maybe Alec Guinness reprising his "Smiley" character? ;-)

[lauders] 13/2/2023 09:26

There is usually an intra-day bounce on these sort of days. However, what we really need is the resumption of decent drill-bit success and then the Cascadura updates to be market pleasing. Probably a good time to add to the pot, funds permitting!

[redartbmud] 13/2/2023 09:09

The die is cast, as far as I can see.
They are executing the plan and there is a forecast timeline. We cannot influence that.
Either a success, a failure, or a degree of either one. The latter will leave us guessing even more.
Just waiting for the sands of time to run down.

red

[dunderheed] 13/2/2023 09:05

I'd say it probably needs a decent management structure and then team in place more importantly, bwtfdik.
IMHO, dyor.

[che7win] 13/2/2023 09:02

Just following chart I’m afraid. Needs to break 80p

[dunderheed] 13/2/2023 08:59

Oh f me, whilst I mostly disagree with under11% can I just add to post 34442, TXP aren't useless at drilling but they are pretty useless at most project delivery beyond that stage though, IMHO, DYOR.

[dunderheed] 13/2/2023 08:55

Lol I actually stated about a week or so ago over on Discord about expected share price weakness (re trading, and we all know who this is) a couple of weeks ago but this and quite a few other of my posts were deleted, not because of my promise not to post pre RNS, but because it "wasn't relevant".
Seems pretty relevant to me now though?
Great information there but a little too diligent moderation which means that a few posters who actually know what they are talking about step back and quite a few munters who don't, start to dominate, which is a shame really.
Would have posted this there of course but it would probably have got removed because "not relevant" and not in line with the cult majority.
I'll get me coat, lol.
As ever all IMHO, DYOR.

[ashleyjv] 12/2/2023 10:58

Another Tina Doyle Scammer

[specialistwasagypsey] 12/2/2023 07:55

People will always make good money shorting overhyped tin pot oil shares like this.

[homebrewruss] 11/2/2023 14:02

Cascadura latest pics, there is also some hope we may get a Cascadura RNS update next week

[mount teide] 11/2/2023 12:53

Yes, that is about all they have to hang their coat on.

Rest assured they will be closed before Cascadura comes on stream whatever the result of the Royston drill!

[davidblack] 11/2/2023 12:26

More likely betting on delays and a minor panic and the 54p placees undermining the price.

[davidblack] 11/2/2023 12:26

More likely betting on delays and a minor panic and the 54p placees undermining the price.

[redartbmud] 10/2/2023 16:21

MT

Maybe the shorters think that the forecast oil flows will be significantly lower than anticipated.
That is the only reason for the share price to head south to any significant degree in the shorter term.
Or is that too naive?

Any other suggestions?

red

[mount teide] 10/2/2023 16:15

Somewhat surprisingly the short position has progressively increased from 0.25% in October, to 0.97% in December and then onto 1.54% in January.

Considering the fundamentals and present valuation - good luck that!