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Other than a few tweets the silence is completely deafening. Trying to stay positive and on the plus side I've been able to get in and out three times while " negotiations are on going" and put my money to work.
1sr QTR was what we were told but now heading for June and still nothing other than a tweet about. Chevron going into Namibia ( but not with TRP ). I'll continue to hold through June . ATB GLA .
Top up time approaching $$$
Doom and gloom here courtesy of JA.
Yes, worrying now but don't want to sell. I expected financing to be agreed in principle before the Cameroon extension and simply requiring a few tweaks and then signatures. But maybe that is not home things work.
Abandoning Cameroon will be like going from the frying pan into fire. JA may be milking the company via his service companies and destroying value through confetti, the matter of JV is in Cameroon is an imperative. This asset finance should have been completed in the 1st QTR and 6 weeks later we are all waiting. All we have is hope!!!
From that stage eco was up from 10p to 14.5p!!!!
its 45%! and they its a lot of value on the basis of the speculation of the walvis basin.
We have very good and very big asset in this basin too ....
but why we are not up and we are on the same price???
Its just becouse cameroon... and the point that we are afraid from placings...
Without camroon im sure we are going to enjoy from the speculation on the walvis basin!
Hope to see 1 from this things soon:
1. farm in deal for the cameroon asset that carry us for the drill.
2. we leave the cameroon asset and focus on the namibian and south african assets .
Kever seems to be the main focus on a few boards. Can we focus on TRP as this board is not called 'Kever'.
Kever
"JA hasn't been paid wages for years." It's been well established in the accounts he sells TRP advice in an advisory capacity from one of his shell companies for hundreds of thousands of pounds a year, then there's the other kickbacks...
I hope Santiago keeps posting because all you Trolling Cheerleaders couldn't lie straight in bed.
I've asked this many times here, "if anyone wants to enter into rational open debate let's go!"
I've also stated here many times, "you can get a turn playing the news here as the greed kicks in, but, don't hold you'll be sorry."
best of luck
Brilliant news, no more wading through your slime. C-Ya.
GLA ATB DYOR
Great!
So we will not be seeing you again then ;-)
GLA holders
Only narcissistic morons refer to themselves in the third person.
Santiago is not gonna post anymore here but I will come back when the placing will be just to prove myself right, so for now ta-da
What happen with VAST are you still holding it? You call dad one strong buyer is well when was 0.20p something like that and it went down to 0.06 and consolidation happened and look at the price now. Vast didnβt go well for you do you think this one will? Gla
JA doesn't get paid wages as such but his company is getting paid a substantial sum every year for services rendered. So, whilst he is not the crook and conman that some may see him as, neither is he the selfless philanthropist.
I think things are about to get interesting
JA hasn't been paid wages for years. He gets warrants. Most exercisable at much hgher prices than 0.02p
Also its not a farm out or a farm in that TRP are seeking. It is asset based finance into the TRP Cameroon subsiduary.
Try and get something right Santiago
A waste of typing and posting energy....yawn!!
I donβt think this guy got a clue he should be gone long time
Maybe 1.3 million will be enough for J A to pay his lovely wages
Trp got no money not even to pay the fees for farm outπππ I told you placing cycle itβs around the corner
Are those done β β β ?
Q1/2 news flow:
Licence extensionβ
β
β
EECP placement closure / repaid β
β
β
Options sorted iaw Incentive Plan β
β
β
β
Asset level Well financing
β
Service contracts
β
Spud date
β
Rig Mobilisation
β
Drill Q2/3
β
South Africa / Namibia news ??
Will be 24 billion on the next placing
Current market cap is not Β£2.65 million
There are 16 billion shares in issue x 0.02p = Β£3.2 million
"We remain confident in finalising asset-level financing for the well, for which this extension was a critical condition precedent. However, we cannot comment further on the commercial discussions in progress until firm agreements are reached.
"In the meantime, we are also continuing our work on the evaluation and prioritisation of leads and prospects on our Namibian licence in light of the basin modelling work we recently completed, and we have been discussing the next steps on our South African Algoa-Gamtoos license with our joint venture partner and operator, NewAge. We hope that this will be the first of many positive announcements in 2024.