Touchstone Exploration Share Discussion Threads

[che7win] 16/5/2024 13:43

Just bought more, very pleased

[stuart190] 16/5/2024 13:38

I’m out small lose, move on.

[eggchaser] 16/5/2024 13:28

Sirmark - trouble is what is fact and fiction where in this case it's hard to separate either.Big trades going through in terms of sells tells me someone with a large holding also getting out...I'll remain on the sidelines until the dust settles but if this carries on I can see buying back on the 20's likely...

[sirmark] 16/5/2024 13:16

Now valued at £76mln with production acceleration in just 3 months... this is insane and will turn on a sixpence as the value of the hook up come on stream and as TRIN's assets are added (as long as it's voted through)

[che7win] 16/5/2024 13:12

AGM next month, let's vote these guys out.

[dunderheed] 16/5/2024 13:06

This is the problem when you have a Clown in charge, building expectations way beyond reality then trying to hide from the market, differences which goes on to further damage trust.
Whilst I appreciate the potential declines are worrying as are the potential reasons behind these, I still think Casca is not that bad an onshore asset, but wtfdik?
Best of luck all.

[ashkv] 16/5/2024 13:01

The clown PB has to go!!! He has proven to be dishonest and deceitful!!!

[eggchaser] 16/5/2024 12:57

I'm out too - for now... Now where is this bottom....

[galarse] 16/5/2024 12:11

It's all gone a bit dog s### here. Can't even get a quote to sell.

[the_gold_mine] 16/5/2024 11:37

The whole basis for my investment was based on the profitability of Cascadura, this is now looking markedly worse than projections... just like Coho, just like Royston...

[the_gold_mine] 16/5/2024 11:35

I've sold out here after a few painful years holding. Simply put, I do not trust the management and I'm alarmed by the huge Cascadura decline rates, the fear I have is if it continues trending downwards the two new wells will be lucky to get us back up to 50mmcf at Cascadura,

[sleveen] 16/5/2024 11:04

ash

We're under no illusions about decline rates, I'd be surprised in TXP DID'NT lower it's guidance.

[che7win] 16/5/2024 11:03

Reservoir has not been misjudged.The gas is there, they have learned a lot from the first two wells.May take longer to get there, but we're well on the way.Cashflow from 1.5 performing wrlls is substantial, 20m so far!It's paid for itself twice over so far and many years to come.

[sleveen] 16/5/2024 09:56

I've seen a rubber band
and a housefly
but I jus' seen about everything when I see a hedgehog fly.

[dunderheed] 16/5/2024 09:40

I was talking about your anger with North cge7 not hedgehog who look like (perhaps unfairly) they could be "fly by night II"? IMHO.

[che7win] 16/5/2024 08:26

No. It's an Announcement today, hedge fund has snapped up 1.49 percent stake in TXP

[dunderheed] 16/5/2024 08:13

37416 I thought you wanted iis che7?
They are selling for very good reasons perhaps better to concentrate your "wrath" on that rather than ii's reducing exposure? IMHO.

[sleveen] 16/5/2024 08:13

probably hibernate soon.

[awise355] 16/5/2024 08:13

Being light hearted?

[che7win] 16/5/2024 08:07

New buyer - hedgehog snapping these up

[che7win] 15/5/2024 15:35

Excellent, good riddence

[sirmark] 15/5/2024 15:30

North down to
8,267,508

3.52%

[sirmark] 15/5/2024 14:16

Flip side to all the selling is someone is buying and if it's MM's you can guarantee they'll so switch this and spike and sell on the way up.