Touchstone Exploration Share Discussion Threads

[davidblack] 23/8/2021 17:20

Not a word.

That’s good, let’s get some good news at Chinook but only if it’s absolutely certain and not subject to revision.

[dunderheed] 23/8/2021 17:05

Did I miss anything on Chinook - even sub commercial would have been better than absolute blank, surely?

[captainfatcat] 23/8/2021 17:05

DB thanks for the heads up on the proactive update.

Reassuring to hear solid progress being made on several fronts.

PB's comments that current funding to hand will be sufficient to see them through to first Cashcowdura production is also welcome.

[mynameiskhan] 23/8/2021 16:24

Paul B interviewRoyston currently drilled at 3500 feet, and result in early OctoberInterestingly and pleasantly, Cascadura first gas in early April

[davidblack] 23/8/2021 16:21

Update out

[thebull8] 23/8/2021 15:57

I think they are conscious about people having inside information regarding the drill outcomes from ground visualisation. They will most likely release RNSs like they did at Cascadura and Chinook and Coho - there will be an RNS stating significant gas discovery (hopefully) with the net pay and then about 1-2monthsa later we will get flow rates/resource size

[1domus] 23/8/2021 15:50

They will likely put out a RNS after TD with the logs included.
Then they will need a number of weeks to rig down the big rig and to bring in the testing equipement.

[soggy] 23/8/2021 15:37

Bit of a daft laddie question: How long do peeps reckon it will be after reaching TD that they indicate what the oucome of the drill will be? Are they likely to RNS that they've reached TD without adding something about encountering hydrocarbos, or significant gas shows, etc? Or will it just be on RNS which will either make or break some of our fortunes on here?

[inthemix] 23/8/2021 15:36

Just took another 5200 shares at 82.5p. Shorts have to close before long, anything I free up goes in here now.

[davidblack] 23/8/2021 15:13

More than happy with Cascadura online 1st April.

[1domus] 23/8/2021 14:35

NGC can and probably will start pipeline construction before EIA is finished.
As the known info says, EIA should be all finished by YE. Then the facility construction can be started.

So Casca online by april is my prediction. Then TXP will have around 20000 boed production in May

[pro_s2009] 23/8/2021 14:00

Actually Casca online will be quick, once its approved.

Only a short 3km pipeline to put in.
Surface facilities will take the longest time.
Initially all liquids will be collected at site and trucked out. Liquids pipeline will be done later.

So if the EIA is approved early 2022, it could be online in early Q2 2022. Certainly will be online by end of Q2.

[simplemilltownboy] 23/8/2021 13:49

Domus, i hope your right as this would definitely rerate the shares IMO. Not sure Coho on line will move the share price that much as I think it's already priced in. Clearly Royston good or bad will have a significant impact on share price think the market is just waiting for commercialisation of the known assets and this is more focused on cas due to its size and further potential. GLA

[ngms27] 23/8/2021 13:45

Very foolish date...

[mynameiskhan] 23/8/2021 13:44

It's your prediction or any source?Well, April 1 is very optimistic

[1domus] 23/8/2021 13:38

…more timeline

April 1.st - casca online

[bernieman] 23/8/2021 13:09

He's obviously very obedient to your request then :) the email was to have shareholders voices heard, so even if not a detailed response, you'd think a polite acknowledgment would be, well, polite! I wouldn't mind so much if IR actually replied to emails, but in my experience emails seem to fall on deaf ears. I appreciate you emailing though and all your contributions to this board are great to read.

[royaloak] 23/8/2021 12:43

If you trade fairly regularly have a look at IG Level 2 for free!

Great updates and thanks for taking the time to update us. I’m too tight to pay 600 pa for L2

[mount teide] 23/8/2021 12:40

L2: moved to 1 v 1 / 85p v 87p (then 2 x 88p, 1 x 89p, 5 x 90p and 1 x 91p)

[pro_s2009] 23/8/2021 12:08

Hi Bernieman, I told him not to reply, and he did not. That was expected, I often ask him not to bother to reply and he does not. If I ask for a reply, he replies.

[bernieman] 23/8/2021 11:59

Hi Pro.. did you get a response from Paul to your email ? Curious to know if he acknowledged any of your points at least ?

[sunbed44] 23/8/2021 11:32

Great updates and thanks for taking the time to update us. I'm too tight to pay 600 pa for L2

[mount teide] 23/8/2021 11:28

L2: moved to 1 v 3 / 84p v 87p (then 1 x 88p and 89p, 4 x 90p and 1 x 91p)