Touchstone Exploration Inc T.TXP

TT Atlantic Natural Gas Restructuring (Reuters) & TXP

[stanley]

Lurk & Learns:

Sometimes the "market" seems to understand and/or act on anciallary/contributary factors...be it micro or macro wrt to Touchstone. Meaning,

When the CEO "asks for more patience from shareholders", it could signify that the company could be dealing with any aspect of their foray into the Trinidad's CURRENT realities. In this case, the "base price" of gas vis a vis recent LNG pricing restructuring, could be ONE reason for TXP PPS benthonics/stagnation. Meaning,

Trinidad's Atlantic Natural Gas Restructuring (Reuters)

Like a line up at the "breakfast shed", the Atlantic NG facility has re-established a (global) pricing formula (versus the Henry Hub) to a recent net benefit to Trinidad of $2.5 B. Meaning, 

Over the past 100 years, Trinis have watched their resources exploited (allegedly) for the benefit of outsiders, multinationals (allegedly sometimes using strategic political accomplices), with little trickle down to the "street level". Meaning,

While we continue to be asked to have "patience", the "under promise and over deliver" POTENTIAL on a plethora of (macro or micro) fronts implicit in the "tuck-in" POTENTIAL of Touchstone as the ANG "majors" face "CPM slippage" with some of their off-shore production.  Meaning, 

Touchstone, as it TRANSITIONS from a SUCCESSFUL EXPLORATION (as penny stock) to a PRODUCER appears to be in the stage of dealing with challenges on many fronts; however the question remains, "are we dealing with mid-air refuelling or ground service"?

BWDIK? e.g. Trinidad i(with a population of ~1.4M is host to 60-100k Venezuelan "refugees"; how much does its Caricom membership stand to be benefit versus OPEC+ influence vis a vis Ukraine?

GLTAL GLAP Caveat Emptor

Cheers
Stanley

[hideouscast]

At times, the "market" appears to comprehend and/or respond to ancillary/contributory factors—whether they are micro- or macro-level in relation to Touchstone. https://google.com