Touchstone Exploration Share Discussion Threads

[spangle93] 17/12/2024 07:28

In what currency do you think the transaction would take place?

[che7win] 17/12/2024 07:17

Much better to borrow within country, avoiding currency risk.May even inflate away the debt if currency devaluation, especially with our gas potential to export and get LNG prices.hTtps://www.jamaicaobserver.com/2024/12/05/unravelling-trinidad-forex-crisis/

[sleveen] 17/12/2024 06:41

Or TXP have an MC of circa $65m and want to borrow $32m.

[kaos3] 16/12/2024 22:03

to be clear - i like cantral block buying and fast drilling plan - but do not like all the rest how it is done - 3 steps 3 days revolver communication and saying hop before jumping.

[kaos3] 16/12/2024 22:00

because they talk to the trini bank. look up trin company history for what i mean by that. why not canadian bank or else to disperse risks?

[kaos3] 16/12/2024 21:58

because they depend on 1 bank negotiation

[sleepy] 16/12/2024 21:42

1domus - cos they badly need cash

[1domus] 16/12/2024 21:10

Regarding the speculative placing - The only way to debunk them will be when Txp put out the firm debt term sheet.

And btw…why the heck should they do a placing now? Come on! Someone want cheap shares…

[redartbmud] 16/12/2024 20:57

kaos

Timing brilliant for Christmas shopping at Harrods.
AND he only needs to get a taxi, there and back.
He has the name of the shop and the address of his hotel.

What could possibly go wrong?

red

[kaos3] 16/12/2024 18:26

i will be brief -
BP said all those beautiful things and bright future has one condition. financing. one bank negotiation only!!!zeitnot (not enough time to act - situation created by design. share price level created by design by publishing the 2025 estimate just at the right moment). who dares to refuse eqity dillution if bank loan does not materialize vs - loosing the described future and accsess to the lng export and fast forward drilling. no one imho all will be accepted.

all happy and inclusive and accepting
but - non pb trusting kaos3

ps - would be interesting whom in the fin sector PB visited in london last week.. after all the presentations to the public done. that would be telling

[dunderheed] 16/12/2024 17:59

Got to admit when you hear investment company that can cover private equity and even hedge fund, which could explain a lot?
I really shudder to think how Gonzo would "handle" either and hope this is not the case.

[sleveen] 16/12/2024 17:36

chessman2,

As is often the case, the bank grant the loan on condition that 20-30% is raised via equity/placing.

[sleepy] 16/12/2024 16:45

An investing company that’s currently a shareholder?

[chessman2] 16/12/2024 16:44

1d, How very interesting!!

FWIW, I wouldn't be surprised by a placing.

[1domus] 16/12/2024 16:18

No, but an investing company.

[ballymoss18] 16/12/2024 14:58

Letter of fund approval from Republic Bank lol

[eggchaser] 16/12/2024 14:03

1D - not had a placing offer land upon it by any chance!! ?

[1domus] 16/12/2024 13:52

Sunny…so you suggest I have insider info?
You would have loved to see my desktop right now.

[spawny100] 16/12/2024 10:04

38747 agree. He's about as reassuring as Michael Fish was in 1987 telling us there was no hurricane coming.

[awise355] 16/12/2024 09:59

A placing around these levels would be disappointing anything above $5million

[dunderheed] 16/12/2024 09:53

It was just a "smidge" below 31p and just about to "break".
Sadly it never did.

[hooded claw] 16/12/2024 09:50

sirmark28 Nov '24 - 14:54 - 38511 of 38747
0 3 1


Level 2 now 2 v1

I honestly can't believe we can buy sub 30p this Black Friday deal wont last long.... I've taken advantage !!

--------------

Oh dear ...

[11_percent] 16/12/2024 09:43

PB always says that there will be no placing......then he goes and does one.....happened about 3 time now.

[sunnyjim88] 16/12/2024 09:33

Considering the amount of insider info eg Domus knowing of centralblock deal months ago, and analysts being made privy to production figures before the public just goes to show the distain we shareholders are treated. Now a suspected placing that some obviously know about.

[dunderheed] 16/12/2024 09:14

Level 2 anyone?
I'll get me coat.