Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://netoilinc.com/ltd/roger-edward-tamraz-chairman-of-the-board/
read it lol
RBackground:
– Chairman of Kidder, Peabody & Co. Middle East:
o Suez-Mediterranean (SUMED) Pipeline: Conceived and negotiated in 1973 the well-known 200-mile long SUMED Pipeline, a pipeline designed to run parallel to the Suez Canal. Considered as “one of the world’s greatest engineering feats” (Center for Strategic and International Studies). SUMED pipeline captures 80% of oil movement share from the Arabian/Persian Gulf to Europe. SUMED provides the most reliable, secure and economic route for Arab Gulf crude oil movements to the consuming refining centres in the West. Over the years, it has gained market share to the point today where almost 80% of the oil shipped from the Arabian Gulf to Europe passes through the pipelines, with major oil companies using SUMED as their sole route to Europe.
o Banking: Led the takeover, run and re-built of the largest bank in Lebanon, Intra Bank.
– Founder and chairman of the surviving entity, Intra Investment Company (IIC), the first and one of the major sovereign wealth investment companies in the Middle East (the major shareholders of the company are the governments of Kuwait and Qatar):
o Banking: Owned and controlled banks in Europe and in Africa through a French bank, Banque de Participations et de Placements (created after the purchase of the commercial interests of the Paris-based Banque Stern) and its subsidiary Banque de Placements du Zaïre; and, through a Swiss bank, the Banca di Particepiazioni e Investimenti.
o Chantiers navals de La Ciotat: Acquired by Intra Bank in 1966 and then transferred to Intra Investment Company in 1967 the former second largest shipyard of France which had specialized in submarines, patrol boats and other military platforms plus very large crude carriers (VLCCs) and conventional bulk cargo vessels for the civilian maritime industry; and, pioneered the construction of LNG and LPG carriers for oceangoing natural gas transport: Built the first major LNG Carrier, the 63,445 DWT Benjamin Franklin, in 1975, for Gazocean (Gaz de France, now Engie).
– Chairman and owner of Milshare Holding:
o Banking: Owned and controlled banks in the Middle East and in the United States: Bank Al Mashrek (and its subsidiary Park Avenue Bank in New York), Credit libanais (which has total assets of $10 billion), Capital Trust Bank and First Phoenician Bank.
– Founder, chairman and shareholder of First Arabian Corporation (FAC):
o Ar-Razi: Conceived, negotiated and financed the start of Ar-Razi (formerly Japanese Saudi Methanol Company) in 1979. The Ar-Razi plants (of Sabic and Mitsubishi) are located in the methanol complex at Jubail in Saudi Arabia. The first methanol plant was constructed in 1983. It had several expansions and is the world’s largest single chemical methanol production complex with an annual production of 5 million tons.
o Tamoil (Tamraz Oil): Founded and built Europe’s Tamoil by purchasing and combining all of the Italian assets of
Anyone watched the recent presentation?
Says when JV looks to be done for Chitin - Professor Robin Rogers would retire from board position, and he has! with Roger Tamraz stepping up in place.
Research Tamraz:
https://en.m.wikipedia.org/wiki/Roger_Tamraz
https://netoilinc.com/ltd/
This guys no small time appointment.
Now why is he here???
perhaps he has plan for both PET and RGP. time to load up both companies while still cheap.
PET in particular, still has not risen yet
7,7000000 shares purchased on Friday. No News No nothing .
Someone knows something.
U could only get £10,000 worth and that with great difficulty.
5p by the end of the week if RNS is not out sooner
the more i read , the more i like this is no pump and dump, tomorrow could be good.
Concurrently with the SUMED project, Tamraz conceived and financed the world’s largest chemical methanol plant in Jubail, Saudi Arabia in partnership with Japan’s Itochu Corporation and Mitsubishi Heavy Industries. Tamraz continued subsequently as an advisor to Itochu senior management, especially on Middle East energy strategy. The methanol project included a five-year, 100-million-barrels (16,000,000 m3) preferential crude oil supply contract for Japan.
In the 1970s, Tamraz conceived, financed and built the well-known 200-mile (320 km) long Suez-Mediterranean (SUMED) Pipeline in Egypt, considered as “one of the world’s greatest engineering feats”, a pipeline designed to run parallel to the blocked Suez Canal, which had been closed since the 1967 Arab-Israeli war. Using Bechtel Corporation as prime contractor, the pipeline, which comprises two parallel 42-inch lines, was opened in 1978 with a capacity of 1.6 million barrels per day.
PET went to 20p, £30m+ market cap on speculation of a deal with Netoil concert party. Be interesting to see what happens here
RGP a shell.. but that director appointment on Friday.. that’s Roger Tamraz, PET’s oil billionaire. Fella who financed and built the Suez pipeline. Wonder if those Netoil assets are coming here?
someone is sweeping up sells, this is the prelude to news tied up to new director involvement.
...Did right but not convinced this is just P&D. FREE RIDE THOUGH NOW.
the way the market is , is not the sign of pump and dump, rest of day should be interesting
Thanks for your sensible advice.
I bought £3000 worth on a recommendation! Subsequently over the years I've largely written it off. What I do will depend on what emerges, say tomorrow.
I'll keep you informed as to what I do.
McKnowall - if I were you and had a significant holding, I would reduce at around the 4p so that if you are wrong and they drop back you are not so out of pocket or could buy back at a lower price. That way you back your hunch 'both ways'. If your holding is not 'significant' in your portfolio, the choice is not so clear for you but the above may still be prudent. Best of luck. Olda
With such a huge rise in the share price in one day .. and for a company normally experiencing minimal daily trades ... it was interesting that the Stock Exchange didn't successfully exert the company to make a statement yesterday.
If the rise had no substance, then surely the company under any pressure would freely broadcast that there was no reason for the rise.
Then why the hold back? Did RGP suggest to the authorities that something was in the wings, and if giving them time, RGP would release the info on, say, Monday?
We'll know on Monday maybe.
Shares like RGP can be vicious little so- and - so's, but maybe acting in your favour.
Going back I bought thinly traded PYC in 2009 at around 2p. The shares dropped in value and languished for ages.
Modest but consistent contracts developed in 2017. My share price in 2017 moved up to 2p then slid back to around 1p,. But things erupted in November with a contract gained with Merck.
On November 28th 2017 the share price surged. I was so pleased to get my money back at over 2p a share.
NEXT DAY THE SHARES TOUCHED 32p INTRA DAY!!!
To use an expression "I felt truly gutted."
A long way back, invested in RGP at 4.5p in 2004, are things looking up here for me this time round? My urge will be to break even at 4.5p or will I be doing wrong in the light of the PYC experience?
Suggestions welcome
note change friday am should be monday am
Totally agree, thats what i did, i dont think its a pump and dump, main reason thursday purchase 16.25 £15 k purchase
, if no body followed friday morning then they would have bought at a much higher price, in fact it took a while to go
over 1.9p, there is more to come, may be a few selling friday am, but if there is news we could see another spike.
Reluctantly sold down enough to hold balance for nothing, in case this is just a 'pump n' dump'. I only have small holding but this can never be wrong tactic.
Apologies for wading in as I’m not invested here.
I think there’s a bigger picture here.
Roger Tamraz has links to Petrel Resources and Iraqi oil exploration. Today petrel shares rose by 18%.
He’s also trying to take control of a Portuguese bank called Eurobic.
And now he’s on your board and from what I can gather RGP are a holding company?
I’m sure there are some dots that need joining here.
lets wait and see, i have a feeling this could be involving petrel resources, the new director here has tye up
with them,
shareguru the trading data doesn't support your theory.
AS for someone else posting that perhaps the incoherent company communications are coded messages... Lol. Just lol.
It's just a pump and dump.
Start of a pump and dump... all the more reason to trade it?
This popped up on my radar today because of the price increase. Has anyone reads the their half year report from September? It is jus a load of Waffle and Hot Air. Who on earth wrote it, they are just creating more greenhouse gases.
The main paragraph is all one sentence, I nearly died of Hypoxia.
This is a pure gamble or the start of a pump and dump.
Looking at the price performance maybe the presentation described below as "mumbo jumbo presentations" was actually issued by someone speaking in tongues in a coded language that only insiders and experienced investors understand.
It is just a theory but maybe there will be broker codes issued as well (1 Trade, 100 Trade etc). Maybe the ramping can be improved by someone mention blockchain, multibaggers and I am not selling until £1 and then probably only top slice?