Touchstone Exploration Inc T.TXP

Buzz on the Bullboards: Three engaging TSX stocks with a holiday flavour

[matt2018]

thanks margin.  Lets see if they can get the bank loans for what they want to do. Just hope this isnt another Trinity debacle, where they invest money into this acquisition and then dont/cant go

[Margin321]

Convertible notes work best when share price is stable or even better has been in uptrend.  When shares are brutally depressed, the terms can be pretty dilutive. Almost as bad as a straight

[Tad]

Sorry about the omission matt2018, i meant to say operating expenses and G&A for the $5.7 million number. Actual G&A alone is running roughly $2.5 - $2.7 million per qtr.. There's a couple

[matt2018]

apprerciate the math, that $5.7M G&A number has to have cuts in there they can be made. Its too high based on estimated rev of $17.6M What if they issue convertible notes to fund the CB purchase

[Tad]

It might appear on first glance that the company is "tight" on funds. No doubt they're stretching a little .... however, A bit of back of the envelope estimates: Based on known

[matt2018]

understood Tad. It all sounds promising and a great opportunity for some synergies but the company has very little cash. They need to borrow $10M for their 2025 plan, now borrow more money to fund

[Tad]

Sorry, no I didn't. Could be an accounting thing, CAPEX, maintenance of the processing plant, expensing something else, or a possible write down by Shell. Shell has bigger things on their plate

[stanley]

Lurk & Learns: Sometimes, there is commentary from opposing factions; case in point is the aforementioned opinion of the MEEI Minister. With apologies to the linguistically challenged unable to

[stanley]

Lurk & Learns & Tad: Thanks to Tad for their calculation(s). Now when looking for someone "in the know" look no further than the Minister of Energy & Energy Industries

[matt2018]

during your research Tad, did you happen to come across reason why the unaudited profits reported from the Central Block were $15.2M for year end 2023 but only $1.1M for Jan to Nov 2024 period? Could

[Tad]

Another way to look at it .... Touchstone has been investing in infrastruture the past two years before they can drill alot of holes.  With no processing capability prior to drilling wells to

[Tad]

Touchstone Exploration Strategic Moves to Dominate Onshore Gas Production in Trinidad     4 hours ago Touchstone Exploration’s (LON:TXP) recent acquisition of Shell Trinidad

[drunk@noon]

undergo a major drop due to the underperformance of the wells. This is the likely reason they have been scrambling to make aquisitions--which of course they have no money for.

[Jonathon Brown]

The TSX has experienced a rocky week, marked by five consecutive sessions of declines, but several stocks offer compelling opportunities. read article.

[Tad]

..... has been completed. Fixed price contract for construction was $1.5 million Video of first traffic over the bridge. https://x.com/touchstoneexp/status/1869065025522209083?s=12&t

[stanley]

Lurk & Learns: A trip to the new Discord "wiki Central Block" (archive) is highly recommended. Especially when some might wonder what the contractual term "vicariously