TSX:TXP - Post Discussion
Post by
stanley on Dec 16, 2024 7:45am
Touchstone Corporate Presentation December 2024
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 liability" might mean going foward. With credit to David who suggests how Shell's reclamation and restoration liability might play out "ad infinitum". Especially in consideration of any (possible?) future Touchstone (exit & tax) strategy vis a vis a "stranded investment".
Also when contemplating, the "why now question" the Shell conundrum is also discussed there.
With those serious enough to learn even more about the possible why now, PB talked about the upcoming election (SY may have PM aspirations). Fun Fact: While Kamla announced that she will not be running any candidates in Tobago; she and childhood neighbour Gregory has Siparia roots, the historically significant terminus (turntable) of the "Last Train to San Fernando". See also location of TXP's "in country HO", after relocationg from Forest Reserve.
Also Google "Trinidad & Tobago Foreign Exchange Crisis", to guage if there is any (synergitic) timing advantage for Touchstone vis a vis political opportunism.
This opportunity might have been "foretold" (aka telegraphed) when in his presentation PB's recounted a phone call "boofing" TXP for not communicating a gas delivery interruption.
WRT "slippage recovery", See also the recent timing on Cascadura 4 & 5 Graphs.
Link to December Presentation:
Touchstone Corporate Presentation December 2024
GLTAL GLAP Caveat Emptor
Cheers
Stanley
Be the first to comment on this post