Recent PSEUDO Announcement for COHO First Gas & Shorts U/D Lurk & Learns:
Cynically, one might want to mention the term "standstill agreement" (typically used in TO scenarios) and compare a checklist of said agreement to the "progress" (or lack of same) of TXP over wrt deliverables.
My recent post of a link to the Minister of Energy's tweet will have a 1 week "anniversary" tomorrow. Meaning,
One cheerleader, postulated that the approval (permitting) of a Cascadura development/production plan could be the TXP milestone that MIGHT precipitate a TOO from a potential suitor. "merger of equals"?
Meaning, that after the MP (SY) expounded to their governments credibility, we are still "holding some strain" while we await a final sign-off.
Presaging (as per others' calcs) revenue of $400k/month, possibly resulting in a doubling of production, i.e. BOE going from ~1500 to ~ 3000. Possibly resulting in a $0.02 EPS (annualized). In addition, we might contemplate the additional benefit(s) to be derived from the recent TT SPT TAX REFORM. One thing to watch out for:
Sometimes the "astute" agile might guard against a Monday morning NR spike proximal to the close on Friday (Oct 7th today).
BWDIK? The shorts have just increased (albeit marginally); an increase nevertheless.
T : TXP | 2022-09-30 | 1,167,595 | 60,560 | 213,021,161 | 0.55 |
T : TXP | 2022-09-15 | 1,107,035 | -28,930 | 212,275,327 | 0.52 |
T : TXP | 2022-08-31 | 1,135,965 | -52,938 | 212,275,327 | 0.54 |
T : TXP | 2022-08-15 | 1,188,903 | -378,500 | 212,275,327 | 0.56 |
T : TXP | 2022-07-31 | 1,567,403 | -407,031 | 212,275,327 | 0.74 |
T : TXP | 2022-07-15 | 1,974,434 | 290,711 | 212,275,327 | 0.93 |
T : TXP | 2022-06-30 | 1,683,723 | 169,311 | 212,275,327 | 0.79 |
GLTAL GLAP (thanks for the four (4) "thumbs up" in a recent post)
Cheers
Stanley