Touchstone Exploration Share Discussion Threads

[pro_s2009] 14/10/2020 08:17

Something could happen sooner.............

In that respect I am suspicious as to why the NGC deal is not signed.......is there something going on already and Shell or someone has requested TXP to go slow and not sign into any NGC deal yet ?

[buffythebuffoon] 14/10/2020 08:17

Yes LG, crowning not drowning! Duly edited.

Buddy, you can get away with.. :^}

Buffy

[pro_s2009] 14/10/2020 08:16

Lazarus, yes........but I think Shell would try a lower offer first to test the water and see the response. 300p to 350p with the view that they could increase to 400p if not accepted.

[pro_s2009] 14/10/2020 08:15

ODR, I think as an initial offer 300p to 350p would be what Shell might offer to test the water......... all being well of course and progress as planned in Q1, ahead of Royston drill.

We would then see if any bidding war starts.

[lazarus2010] 14/10/2020 08:14

Pro, if Casc deep is a success with only Royston remaining, that would be 4/4 successful drills. I think PB would continue to drill Royston unless there was an offer that he could not refuse! I would consider £4/s pre-Royston as that sort of an offer, however with the 20+ targets mentioned to follow Royston, realistically we could be heading to £10+ in time. aimho dyor gla

[captainfatcat] 14/10/2020 08:12

No mention of pressure in the rns announcement hopefully PB will add some details in a video update later today.

[captainfatcat] 14/10/2020 08:10

Predicting text strikes again

[pro_s2009] 14/10/2020 08:09

I believe, once Casca Appraisal/Deep is drilled and tested along with Chinook testing, that Shell or one of the big boys will make an all cash offer before they drill Royston.

That is a very real strong possibility now....... and will add to the excitement going forward now.

[spawny100] 14/10/2020 08:08

Don't worry rodders I'm not selling a bean. Holding tight.

[onedayrodders] 14/10/2020 08:08

I bought more post placing

[onedayrodders] 14/10/2020 08:08

I bought more post placing

[onedayrodders] 14/10/2020 08:08

I bought more post placing

[onedayrodders] 14/10/2020 08:07

I say again a closing price with a £1 at the front is fine by me .. round numbers are always difficult to get through as blinkered target price sellers seem hypnotized by them

[lord gnome] 14/10/2020 08:06

Crowning, surely Buddy? ;-))

[onedayrodders] 14/10/2020 08:06

Don't get a nosebleed chaps ... we are still undervalued in the short, medium and long run

[fozzie] 14/10/2020 08:06

Another great result from the team. Like you KS I did plenty of chelping about the placing but held on and indeed bought many more. If we get to the heady highs of 400+ this will be life changing for many long termers. Have a great day all.

[spawny100] 14/10/2020 08:04

Wowowowow.

[78steve] 14/10/2020 08:03

That sucks as well how is it fair to allow anyone to buy premarket openning and at that cheap price.

[onedayrodders] 14/10/2020 08:03

BOOOOOOOM

sorry guys, rampy I know .. but never held a stock where I could post that !

:0)

[onedayrodders] 14/10/2020 08:02

Anything with a £1 in front is fine for me for short term

[buffythebuffoon] 14/10/2020 08:01

Stockport Loser, just like Heaton Norris Rovers, you should think about changing your name. :^}

The main question is becoming clearer after every discovery. How long will, how long can, PB run this.

Personally, I would love him to take this quite a bit further down the road before selling out. These don’t come along very often, and at his age, I imagine this would be the crowning of a tremendously successful career.

A calm assured leader, measured with his words, always under promising and over delivering. What more could you want in a CEO.

A tremendous amount of credit goes to the back room team, who clearly have carried out a tremendous amount of work to shape the direction the company has gone in.

Spangle and others will be acutely aware of the gap between conception and successful execution. That comes from choosing and adding when appropriate to the team, both back room and operational.

I remember how excited I became when Soco had their run of successes. It felt a little like a rollout of a successful retail operation. Familiar set up, rinse and repeat.

More complex in hydrocarbon exploration of course, but it feels like we are well on that path now.

Yes, I’m getting excited.

Hell, even JonnyT sounds like he’ll have an extra rich tea with his PG tips today.


Buffy

[onedayrodders] 14/10/2020 08:00

I imagine the print of this RNS has just been dropped in the Shell CEO inbox

[lazarus2010] 14/10/2020 07:59

going to be interesting to see where we finish today/this week after the news has been digested and traders have taken profits. Without the test results it's still just a gas find without any info on commerciality based on flow rates. That said it's the standard sand deposit for the area so lowish risk. I was expecting that we should be looking at 125-150p on a successful Chinook, but without test and flow rates maybe we will be c. 100-110p +/-

GLA and well done for those of us in since the early days and pre-AIM!!

[onedayrodders] 14/10/2020 07:58

SOS

Yep been doing that since 25p ..served me well

:0)