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we still have a higher mc than they do , its never about an individual companies sp , it is always about their value as mr market sees it, at the mo, it gives us zip and sfa value for all 3 assets, so a little out of kilter to any value.
many a market , upcoming drill company has reached £250-£500m mc's in anticipation of a strike, well cameroon is appraisal to production , not a wildcat, so should be credited with some value, £50m not exactly a stretch, compared to others in the past and recent market history.
cameroon , not a show stopper like some others boil tl drill expected december 595mboe - over 1 billion, sits £17m at the mo, market currently has a downer on junior exploration companies both oilers and miners, come and go in cycles and will change again , pre our drill , in the meantime, it needs ja to get of his lard **** and deliver , news not repeated
in talks and finance soon ad infinitum. 🙄🤦♂️
then watch it fly from the submerged basement, back to a company seen by the market, as having a bright future again, not just keeping a dim light on. glalth
Its becoese they have 1 asset in namibia with 3d...
And the other asset in italy is in early stage so they dont need a lot of money for progress.
I think we have much better assets in namibia and south africa but our main issue is cameroon.
we dont have enouge money for the drill... its too big project for us ... if we are not getteing any farmin with carry for the drill im believe that in the moment we leave this asset we will behave bettter in the price action.
A lot of investors around the world are looking to invest in junior exploration stocks in the atlantic margin...
And there are few... hope this company will understand the chance that the cheveron farmin to pel 82 can impact on us if we choose good the next actions.
Yes thats what i meant that how has our mcap not gone up. We're still languishing below 0,025
Patience
Added, I’m just under 3 %
Loads in sticky fingers now for the imminent push north gla
We are still higher than them, its never about sp, its always about achievable Market Cap value, they were further in the priced to fail basement than we are, hence , more recovery, be interesting to see what happens tomorrow, if/when GBP reach parity with TRP MC, both rising on Namibia assets potential wake up call. 🤔
Both Namibian OIIP figures in at the price of a kids sherbet saucer currently per barrel, with Oil threatening $90-$100+ a barrel again soon, according to the experts. 🤔
When is the big rise coming? I.wanr a multibagger on here. Its way too low. How has GBP gone so high and we are around this sp.
Probably more here for the prospect of South Africa and Namibia, teeny tiny Cameroon 4 years to late , to do what it was supposed to do, non confetti fund the company bigger assets.
As for funding placings a good thing, if done correctly , news progress , raise and raise again on a rising price, on delivery of milestones and targets, which JA has missed dozens, hence death spiral confetti, HIS only option🙄🤦♂️
Hmm same reason we had a big holder rns last week i guess
"Got get involved in Trp it’s has been diluted to death and always will be , always dusters"
Every oil and gas company has to dilute before they get to cash flow and production. How else can they fund activities ? The magic money tree ?
"Got get involved in Trp it’s has been diluted to death and always will be , always dusters"
Yes dusters in the past. However Thali drill is into a proven previous discovery and that is what we are here for.
Haddy...and you're here why ?
GLA ATB DYOR
Got get involved in Trp it’s has been diluted to death and always will be , always dusters
The funny thing is that the more the share price rises, the more the company is able to raise a bit of money if required at minimal dilution. Shareholders will gain confidence that they aren't going to be wiped out in a raise. A virtuous circle!
If you then think about the assets here and their potential value if Tower can get traction and revenue then we are talking way, way up from here!
(I am still 60% down at the moment lol.)
Chevron ceo in October 2022 said , we now plan to DOMINATE Namibian acreage, the Orange has been juiced, so can only mean, the Walvis about to get all the attention, in a land (seabed grab) , if Chevron moving, be certain others will be also, case in all frontier plays, they want to DOMINATE, others will try to stop them , with moves of their own.........
Hotspot Namibia, about to ignite......... 👍
said a while ago cameroon a side issue now, it was supposed to be turning revenues long before now, that would support our end on the much bigger south africa and even bigger namibia, lard **** has taken so long , they could now leave cameroons teeny tiny asset behind in the dust...........glalth
We have the biggest block in the walvis...
This is what the matket looking for... and its fit to our size and to do farmout deal...
Our main risk is cameroon!!!!
Always about mc not sp, they are still behind, a long way behind if JA ever after 4 years gets the finance sorted for our stable minnow Cameroon. GLALTH
Boil only recently started talking about non equity finance for its drill , hope to have sorted this Q, drill is provisionally in a slot in late December, Jesser has been its close , if not today by next week, since two Septembers ago, time he got it sorted , our drill a lot nearer likewise in a provisional slot , subject to finance in time. GLALTH
1 billion traded and 0.0237 on the bid. Looking good
GBP peaked, TRP still rising.
Moving time
GBP almost caught us , TRP mc £3.91m and GBP £3.2m
see how Mr Market reacts once parity reached🤔
Both rock bottom, both Huge Namibian acreage and leads....... GLALTH 🤑
16.64 Billion shares , think about it before silly statements.......... 🙄🤦♂️
0.0240 getting battered
Still, a rock-bottom entry. This will fly into close. Not much free float.
Both just kicked in again and ticking up, GBP 120% , Bod will have to respond, no recent company news release, Mr Market will be asking the question (RNA update or the not to be mentioned S.T should be coming GBP's way) GLALTH.🤔