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 Shares Traded Last Trade
  0.00 0.0% 74.50 350,359 09:52:00
Bid Price Offer Price High Price Low Price Open Price
74.00 75.00 74.50 74.00 74.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 28.12 6.82 137
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:00 O 10,000 74.00 GBX

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Date Time Title Posts
27/9/202015:33Touchstone Exploration11,592
18/4/202009:16Touchstone Exploration - 2014 - A new dawn892
11/3/202007:48Touchstone Exploration 30
14/8/201810:08Touchstone Exploration (TXP) One to Watch -

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Touchstone Exploration Daily Update: Touchstone Exploration Inc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TXP. The last closing price for Touchstone Exploration was 74.50p.
Touchstone Exploration Inc has a 4 week average price of 69p and a 12 week average price of 51.50p.
The 1 year high share price is 77.50p while the 1 year low share price is currently 9.75p.
There are currently 184,407,761 shares in issue and the average daily traded volume is 538,719 shares. The market capitalisation of Touchstone Exploration Inc is £137,383,781.95.
pro_s2009: Hardly......... Coho-1 and Cascadura-1 (already discovered and coming in to production) are worth more than the current share price. Which makes this one of those "no brainer" situations where if the next 2 wells (Chinook-1, Cascadura Deep) all fail, just hold on and the share price will be worth that todays share price when Cascadura is on line May 2021. Now with those discoveries in the bag, done and dusted, Coho-1 on line from October this year and Cascadura from May next year.......... your sitting pretty buying in now. Whilst the share price would take a hit on failure, IT WILL recover, as those 2 are in the bag already. Thats the way I see it...........Chinook success can take this up to 100p levels and then Cascadura Deep success could take this up to 140p to 150p levels. Hot money will be coming into this from Monday 6th of July, getting in before the reserves news expected mid July. So next week might be a sideways week but then the momentum builds.
spawny100: Cheers for reply. Yeah I know the drivers re TXP share price. Just odd that gas has taken a big jump down out of recent uptrend. I just read an article suggesting gas may go negative like WTI did last expiry period. Just makes me uneasy committing even more here as may put a drag on TXP even though they're obviously not producing from Coho and Cascadura yet. Https://
spawny100: Just been looking at the TXP share price on the Canadian market on google and noticed it goes back to 1996. Surely this was for a different company back then? I like the around 25 bagger in 3 years from Jan 2005 though :-> Https://
che7win: Reality returning to TXP share price, outperforming the market ?
rossannan: Mount Teide I have had very little to say on the TRIN BB about anything of late, other than calling you out for an offensive post. I have certainly not been calling TXP down - in the short term the market will do whatever it wants with the TXP share price and I am not going to attempt to second guess it. As far as I can see, the TXP share price is holding up relatively well. There are macro headwinds and production has gone south but TXP has a story involving a low risk drill in the next few weeks. AIM likes that kind of story. I certainly doubt that all the PIs who have bought into the story fully understand it - for example is clear that the idea of this drill nearly doubling production in boepd terms does not mean nearly doubling revenue (not even close), particularly when it could take 6 months to monetise the new well (something which Paul Baay has made clear but some PIs may not have picked up on). Also, you were talking on the TRIN BB about Paul Baay having the money for the first two Ortoire Wells. In the RNS for the TXP Q1 placing Paul Baay was crystal clear that that money was for the first Ortoire well. Do you honestly believe that, after a Q2 like the one that TXP is having, the second Ortoire well will not have its own dedicated placing? But while I can see that placing coming, I am not going to hazard a guess at the placing price. It is perfectly possible that it could be higher than the current share price. Timing is everything and Paul Baay is quite nimble. I think though that you will have to row back from saying that Paul Baay has the money for the first two Ortoire Wells. It is not, after all, what Paul Baay is saying. Otherwise you end up looking like someone who is simply talking their book rather than offering objective analysis.
ileeman: "Nothing I say is going to affect the TXP share price." Aint that the truth. Just find it funny you dont hold so you deramp and then as soon as you buy you ramp lol
rossannan: iLeemanNothing I say is going to affect the TXP share price. Imagining that what you say (or what anyone else says) on a BB has any real traction is not a healthy way of thinking about shares. Even the Pied Piper himself, Mount Teide, would have to concur.
rossannan: Hoping the TXP share price overtakes the TRIN share price and I can then switch my TXP into TRIN - #result
rossannan: I note that Mount Teide seems more interested in talking his JSE book than his TXP book these days. I guess that the TXP share price and production figures did not really cooperate. I hope he has better luck with JSE.Cave illos qui in libro dicere, as the Romans never said.
spangle93: Well, greed beat fear this morning, a wee top up though it would have been nice to have been around to catch the lower price last week. TXP must be the best risk/reward oiler around at the moment - even not taking into account the macro trends described by Mount Teide, nor potential black swan developments - the TXP share price is supported by production, - oil price is looking like there are at least as many factors pushing it up as down - there's continuing well program activity - there's high potential game changing drilling next year in Ortoire
Touchstone Exploration share price data is direct from the London Stock Exchange
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