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as soon as we get any news or just another whiff of Namibia FO!!!
0.6p base camp nicely established.
Time to push on.
I only know they are PGS (petroleum Geo services) ships.
Best wait for Jimarilo as he is the one who has been tracking
them.
The light from the tower is beginning to glow brighter when the right person spots it it will super nova hang in there
Here are the links, put the cursor on the nose of the first vessel, it will give the coordinates in the top right hand corner
The PGS vessels are the four close together dragging the pink dots, this shows they are in survey mode
https://www.marinetraffic.com/en/ais/home/centerx:11.7/centery:-19.8/zoom:8
The map below shows the Namibian licences and have coordinates to the borders. The spacings are divided in units of 60
Currently the vessels are at Coordinates S19.06/E11.14 and near reaching the top of 1191
TRP blocks are not yet mark here, but they are 1910B, 1910A and 1911
https://www.namcor.com.na/media/plg_downloads/maps/Lic_Map_31102018.pdf
I'm sensing a frenzy coming on the steam is getting up the train is about to leave the station enjoy the ride it will be a fast one gla
You will need a lot of patience with this one it won't happen over night but the light is glowing at the end of the tunnel and the boat is moving nicely along
Hollybean. You said yesterday”enjoy the ride. It will be a fast one”
Today you say” You will need a lot of patience with this one it won't happen over night ”
That just about covers everything then.
Yes Chris what I ment by a fast one is as soon as the oil flows this will rocket but it will take time too get to that point quiet a bit to be done yet but progress is being made gltu
Chris 2 this is probably stating the obvious but the fast train I also believe that there be some big spikes along the way to the oil gushing if your on board
Yes rocket I agree 1p soon there a good team on this bb making great jobs on the ship's and other targets this alone is a great driving force I took a big hit on welwitcha but this could bring it all back home bol to all on board
It looks positive for monday omwards bring it on 1p plus
For more clarity about my previous post when I mentioned the train leaving and getting up steam I am believing there an imminent and sharp rise coming in the share price is a spike but overall I think patience is needed due to the time it will take to get to see the oil but it is there and under pressure just waiting to be released good luck and good timing with your punts
It's pay day end of this week should see some money pouring in on here now the rabbit is out of the bag ho ho ho
Hollybean, rabbits come out of hats, cats come out of bags. Clearly you are very excited to be mixing your metaphors in such an egregious manner!
I too am way underwater with this from years ago, have averaged down massively so am very optimistic that I will recoup my losses and a great deal more. It has been a very long journey but I think that our time is close
I thought the rabbit would bring a response yes it did I'm hoping it will work a little magic for our share price I suppose a lucky cat would of done just as good excited to say the least as you I'm deep under through I believe the fault of repsol incompetence but that has to water under the bridge now just dont let them anywhere near this well
Willowman I feel your pain ,I'm on the same journey with this one thought the light had gone out and the door had been closed but with the resilience of Mr Asher I've seen that glimmer of light appear and getting brighter along the way I bet there be a big party at the end of this road good luck to U
Rocket13. Why does my post make me look silly? This morning I bought into TRP for the first time and my buy showed up as a sell. I’m just mentioning it as a fact. And no, you haven’t seen me here before, but I’ve seen you on GCM board and it was you who brought my attention to this share. So silly or not, I accept your wish of good luck. I hope that’s something you can get right!
Suppose if something broke it might take a while to get spares.
Agree the fact the boat is just waiting implies something has to
happen before it can complete the Full survey.
The thing I keep thinking about is Cameroon Farm Out deal.
Hi oilmanmike, could be so many reasons, but the big delays we always encountered were usually custom related, the expensive positioning equipment is usually hired from seatronics, (some of it is mega bucks) anyway as such it has to fly in through customs, now it’s difficult to understand being here in the UK, but usually in Africa if you want equipment out in a hurry it costs (brown envelopes) fortunately the company pays hire charges after it clears, (usually) once sat around a pool in Mombasa got 6 weeks for this reason, that’d be my best guess anyway.
Progress has been stalled there could be a buying opportunity coming up next week if it stays grounded
I want to see if there is more equity required first to fund this well I am expecting some sort of equity either to complement farm in and/or some sort of deal with a bank
Good thinking bb2 it's got to come from some where unless the Chinese take a big stake in it
The equity raise only covers the site survey. Tower have zero to contribute to the drill. If they want a full carry I cannot see them having more than 25 percent and even then as per 88e recent raise even though they are carried by prem they need cash for any over runs.
won't work here bear.
best start accumulating
carefully at current levels
imo. Tower will retain 51%
of Thali. No equity below 1p
Beggars can't be choosers there only going to be so many offers they have to take the best that's on the table or remain stalled and stagnate