I really do not understand why you would sell trp for this. GNP are around 3 years from drilling Namibia so they will need a lot of funds and dilution before then. It cost trp many many millions for where they are now with Namibia surely Gbp is a very long term play and trp is march next year
All depends on the terms - problem for the smaller oil companies these days is that the big ones know how hard it is to get finance and raise money in this market, so they tend to get the best out of any deal. Just seems a long time until drilling for it to keep going and new buyers outstripping sellers. I'd fully expect another sharp rise though close to drilling.
Not sure there will be quite enough hype on TRP to keep it up now there has been a delay to the drilling schedule there and would suspect it will drop back to some extent (given a 300 per cent rise already) between now and spud before it then picks up again on anticipation of a big find. Tempted to get in here and can't see it going lower, just not sure there is a huge rush either though. Just my opinion.
sparky....not sure it is all pumping, serious upside to the share price on TRP and the odds are still in favour of buyers at this level, exactly the same for us here, really serious upside but as I said before just need to wait a little longer, it will happen, there do appear to be some little games going on with sp though, well we are on aim. GL
sometimes no rhyme or reason to the workings of aim, sometimes have to just sit it out and the rise will come out of the blue, best to be in than out at this point. I am in and waiting, looking forward to at least double where we are now, that isa not alot to ask on the back of TRP, or is it?? Namibia offshore could potentially be massive, lots of data pointing that way. DYOR GL
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