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Share Name Share Symbol Market Type Share ISIN Share Description
Touchstone Exploration Inc LSE:TXP London Ordinary Share CA89156L1085 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  19.50 23.21% 103.50 102.00 105.00 113.50 96.00 96.00 5,226,093 15:34:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 28.1 6.8 0.0 - 218

Touchstone Exploration Share Discussion Threads

Showing 22176 to 22198 of 23775 messages
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DateSubjectAuthorDiscuss
26/7/2021
06:11
The only thing missing from that video was Benny Hill chasing a ball bloke around and slapping his head
onedayrodders
25/7/2021
19:04
Indeed but with a copper filament?
davidblack
25/7/2021
17:01
Digital covid, I expect. Get a digital lateral flow test! Don't pass it on to us!! I expect your posts to be made using a digital mask for the next 10 days DB.
hiddendepths
25/7/2021
14:29
Digital cough getting worse!
davidblack
25/7/2021
14:29
Digital cough!
davidblack
25/7/2021
14:29
$500,000 of additional cashflow per month for TXP would be a huge signal that discoveries do become producers in Trinidad. Also much much quicker than offshore could dream of achieving. That message might encourage the Ministry of Energy to be supportive of making sure TXP and others sail through the normal road blocks.
davidblack
25/7/2021
13:40
They are rigging up 24/7, but it is a beast of a rig. They might spud in a week, but it can also slip a few days into August. No worries at all included the minister. The Coho deal can’t be far away. Probably at the stage where they are crossing the t’s and dotting the i’s 😉
1domus
25/7/2021
13:36
It’s a Well Services rig for Royston hTTps://wellservicespetroleum.com/ Think this is them. Website is a bit rubbish
adon30
25/7/2021
11:05
Well, we will have a Star Valley rig from October onwards, the new rig coming from Canada is a Star Valley one, and will greatly help in speeding up drills and cutting costs. Royston-1 is using the local big rig, so the rig up might be a bit slower :)
pro_s2009
25/7/2021
10:38
Thanks for that... looks like they got setup in a couple of hours... it was hardly worth speeding the video up! :) let's hope the team on the ground are just as fast.
bernieman
25/7/2021
09:56
Expect 1st week of August, if it happens before then be pleasantly surprised and praise Paul for delivering before end of July. Below is a video from Star Valley on rig up in Morocco 2020. https://starvalleydrilling.ca/wp-content/uploads/2020/03/Rig-Up-Morocco.mp4 .
pro_s2009
25/7/2021
09:49
Now that we see evidence of the rig rolling in, what is the likely spud date? Will the crews be working double shifts already as part of setting up the rig? I know many rigs run 24/7 to maximise efficiency/costs, but is that still true of the teams in TT, given how much slower things are there. ?
bernieman
25/7/2021
02:41
All contributes to the strong push to get Coho and Cascadura on line and into production soonest. The gas shortage has been exaggerated by falls in bpTT gas production as highlighted in the article below. https://www.guardian.co.tt/news/bptt-gas-production-plummets-6.2.1359682.b479a97d5c .
pro_s2009
24/7/2021
13:50
Just the Canadian positions which are published each month. Never convinced on this short argument because of the huge size. It could well be about portfolio management where one entity lends stock to another funded via a monthly interest charge not full payment? And doing it that way there is no disclosure as it’s under the Canadian 10% disclosure rule, rather than the UK’s 3% rule. The perfect sneaky way to get into a bid position of course.
davidblack
24/7/2021
12:41
Thanks Eyeore2. So from 1st of January 2021 TXP was exempted from the Shorts reporting of the FCA. https://www.fca.org.uk/publication/documents/uk-list-exempted-shares.xlsx US6988131024 TOUCHSTONE EXPLOR. 01/01/2021 . So anyone looking at the FCA short position list for short positions on TXP in London - you will not see it.
pro_s2009
24/7/2021
11:17
Https://www.crh.com/media/3338/crest-reference-manual-december-2020.pdf page 234 is a start
kaos3
24/7/2021
10:15
0.1% now....ok. But anyway, provided they borrow enough shares from CREST (and currently 9 million TXP shares are loaned out from CREST) - and therefore cover their short position by the borrowed stock - they dont have to report anything. The only reporting which highlights it is the CREST on loan stock report.
pro_s2009
24/7/2021
10:06
Satellite Radar from 23rd now showing (reflections of) 3 large bits of kit on the pad (as shown by XMs post above) Not an image worth posting up but radar is cloud penetrating and large metal objects reflect as bright white
adon30
24/7/2021
08:16
Isn't the reporting obligations for short positions now 0.1%
thebull8
24/7/2021
02:05
Trailers turning up......... Thats the old OL4 well hole in the foreground at Royston-1 location, and a rig starting to arrive in the background...... .....
pro_s2009
24/7/2021
01:57
This is why whoever is doing it is using CREST to borrow shares to hide their short........ It is not any of the large holders.......if they short they have to report their "net" position. They cannot have say 7% long position and a short......if they take out a short to have a net neutral position, they must report they have a 0% holding. (EG if Miton had 7% long and 6% short - they are obligated to report they no longer have an over 3% holding - as it would be 1% only). So unless you see a TR-1 notifying of a change in net position - none of the big holders are shorting or selling. So what we have here as an example as to how it works borrowing from CREST : BuffyHedgeFund (BHF) short sells 9 million TXP shares (naked shorting). BHF does not want to disclose they are short. BHF borrows from CREST 9 million shares. BHF now has 0% net position (9 million short + 9 million borrowed) so does not need to report their short position as they are below the 0.5% net short reporting level. BHF pays Euroclear a weekly/monthly fee for the CREST borrowed shares. Thats how it works and why they "borrow" private investors shares from CREST as it allows them to short with non reportable position as the borrowed shares they have cancel their short and they have a net not reportable position - the only way anyone knows there is a short is to look at the borrowed level of shares from CREST. This is why private investors shares are held by nominees (brokers) and put on CREST - as then the big boys can borrow from CREST and short......when there was only Paper Certificates for shares they could not do this. The only way to stop this is to ensure your broker who holds your shares in a nominee account provides written proof they do not allow shares to be borrowed. If you broker does not confirm they do not allow shares to be borrowed, move to a different broker who does not allow your shares to be borrowed by short sellers. So in fact, they could be short whatever the borrowed shares are on CREST, plus another 0.4% naked short..........provided they keep their overall net short position below 0.5% by borrowing from CREST, they do not have to report what they are doing - the only clue is the "borrowed from CREST" level of shares. BUT - end of the day BHF has to buy back 9 million shares to close their short - thats the rub.
pro_s2009
23/7/2021
21:56
To add further weight to your theory, no TXP short appears on the UK short tracker, which shows any net positions. So clearly the entity is net neutral, legacy the only one would be Miton or as you say a new entrant.
stockport loser
23/7/2021
15:09
“ A short squeeze........music to my ears.” I’m sure you can think of music you would consider torture to listen to. There is the chance that you may have tinnitus of course. Buffy
buffythebuffoon
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