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The link from my previous post was from here
Posted 7th May 2024
https://www.slrconsulting.com/public-documents/teepsa-dwob/
" I invested in TRP as I see potential but JA has repeatedly changed and delayed timelines and has lost so much goodwill and faith."
JA hasn't delayed anything on purpose. The market did. COVID / Rig shortages / etc have led to the delays.
You may have read some of my previous posts regarding “above the ground risks” ref SA
Confirmation that Total have now got the green light to go ahead and drill offshore SA , with a potential of upto 9 additional wells
https://cdn.sanity.io/files/b0ecix6u/production/b90b960a686bda1d64d6b304c6997aa075b4c486.pdf
This is extremely positive news for us as it opens up our highly prospective SA assets
Reminder of our current leads and prospects offshore SA
Oil in Place (MMbbl)
Lead P90 P50 P10 Mean
Reedbuck 110. 288. 624 336
Steenbok 34 124. 381 174
Lead 1 40 210 853. 356
Roan 89 322 1275 558
Canyon 25 84 207 103
Deepwater Slope Shallow 377 1,093 2,954 1,444
Deep 111 349 1,241 563
Deepwater Basin Floor Fan 528 1,349 3,384 1739
Summed Mean 5,273
https://www.towerresources.co.uk/operations/south-africa/
Finally looks like farm out discussions can now be progressed and more so for us all 3 assets in play for a very cheap £3m mkt valuation
This bb is becoming like a kid's playground . . . . . .
Sorry Splatted but surely I have the right to reply to the insults and false accusations from Pauly.
Check his posting history it’s clear there is a motive and agenda at play here causing instability across a number of threads.
If I cannot stand up for myself then the bully wins.
No point insulting each other. He either delivers and we make bags or he disappoints again and the mcap drops. The odds are very good this time, that's why I am in.
7veronic - you are such a one dimensional bully that you seek to think that saying the same things to genuine investors will make us stop holding the company to account.
Your insulting posts to investors and love for provoking people is becoming commonplace and boring
My answer to the question you repeatedly ask people is quite simple. I invested in TRP as I see potential but JA has repeatedly changed and delayed timelines and has lost so much goodwill and faith.
I know why that’s so soffit for you to comprehend. It is clear you worship JA and probably have posters and quotes of him in your single bedroom. As a result you have lost all balance and objectivity and would not dare to hold anyone to account
Pauly , On 16/4/23 you post ,JA is untrustworthy you have heard.
PLUS you had posts removed for libellous reasons about JA
Why the hell are you invested in TRP, or are you like James not holding any and I stand by that.
I had email correspondence recently with JA, he never fails to reply so for me that is everything the man can do at the moment due to disclosure reasons during negotiations with multiple parties.
Rig date is pending BW Energy completing on time ie July. They may need a little longer .If the rig delays that is not JA fault .
I have just emailed JA telling him we must get RNS's every 2 weeks to tell everyone we are still in talks.
is that OK james your end ?
or do you want such RNS's every week ? or even every day perhaps ?
Kever- You have a brain of a kid. Why on earth should I fear JA or call him?
Basically to hear the answer to what you are consistently moaning about from the horses mouth.Think that is quite a reasonable suggestion.Of course there are certain individuals who appear to enjoy whining all the time ,and dont really want to hear about a solution to their concerns.And yes i dont think you have the guts to call JA because if you were really that concerned about this ongoing situation,you would have done it.
Quite, kever! I'm pretty bloody amazed that supposed investors don't realise that. Lordy!!!!
We had an RNS on 8th Feb. Did you not see it ? Here it is:
"The Company is continuing discussions with several parties regarding asset-level financing for the NJOM-3 well, for which it has contracted the Norve jack-up rig with Borr Drilling. Borr Drilling's latest advice is that the Norve rig is expected to be able to mobilise to Cameroon between June and August 2024, subject to its existing contractual commitments.
The Company will make further announcements about the financing of the well and the mobilisation of the rig as firm agreements and notices are finalised and received."
Do you honestly ecpect the company to issue regular updates via RNS to say talks are continuing on a monthly basis ? you are an utter idiot
If all the talks had ended that would need to be RNS'd.
Kever- You have a brain of a kid. Why on earth should I fear JA or call him?
JA works for the company and its shareholders and he is answerable. His private assurances are worth nothing. An official RNS is what is required , such as the company is talks with multiple parties and discussions are progressing well with an estimate time of conclusion. Confirmation we are in good time and not desperate. If he can say that to you in person over a call, he can confirm the same in RNS. Just the basic truth will suffice. Try to get this through your head.
"Probably Kever = JA expressing his frustrations arising from constant failures! No wonder he keeps telling everyone to call JA as if that would expire confidence. LMAO Lord Kever"
TRP has been a disaster in the past yes. But now we are on the verge of driling a proven discovery. Why haven't you called JA yet ? Are you frightened to ? or of course perhaps you don't own any TRP shares
Kever ☎️ JA maybe hi will invite u for 🥘 maybe he will tell you more stuff that we don’t know😂
so j2nd i presume you didn't have the ****** to call him?
but you do have the ****** to name call etc.
i agree with p80 polite patience is required.
gl.
As investors who have put money in the this company with the aim of being rewarded for taking a risk, I appreciate it’s hard to contain our emotions. It’s is clear that some of us are letting that boil over …a bit too much .
I have been invested in some shares for 6 years and more and I have clearly made emotional posts . I am relatively new ish here in terms of investment but have been following the company for a few years.
I appreciate Kever is not a well liked individual and his posts could be worded more politely. I too have had a few ‘run ins’ with him.
However he has clearly spoken to JA which I respect because it’s best to go to the top to get answers instead of moaning. If JA says we have u til early July the so be it .
We are all desperate for news but a few weeks extra might not be a bad thing is he has had more interested parties
Equally JA could be feeding Kever rubbish. I would suggest we should not be shooting the messenger. I actually appreciate Kever sharing the information with us.
Probably Kever = JA expressing his frustrations arising from constant failures! No wonder he keeps telling everyone to call JA as if that would expire confidence. LMAO Lord Kever
What should we do to worship you oh superhuman?
The person who has bought 4.65% of TRP knows that TRP are talking to numerous possible investors and is confident a deal will be done. Just as I am. If you have no patience then sell.
Maybe someone knows enough to build a 4.65% stake....or else another gambler like me.
James
Previously I have said I expect a deal by end of June. This could extent to early July if needed. You do seem rather angry over this issue. Again I suggest you ring and speak to JA on the number I have provided. Thsi would help you calm down somewhat. Go on ring him and have a chat. He will explain what is going on and the complexities involved.
Obviously not stupid Is you Kever gla
Is time on our side or does JA’s bargaining power dwindle as each day passes? The closer to July we get, the more desperate we will be to get a deal sorted given the fixed timescales agreed for the rig
So you have already shifted the goal post from June to July. We have till July is utter BS and absolutely disgraceful of pushing that BS.