Member Info for brig0d00n

NC, I would suggest sooner rather than later ;) 3x MM's are now on 0.6... wouldn't surprise me if we have an intraday RNS... (Seems to be the MNRG way ;)
ATB

Oh sorry....that didn't sound right..got a 'flash back' from 40+yrs ago.. :o

NHi Jim,
Please 'no offense'..only voicing my opinion. Sorry you may have taken it the wrong way. I appreciate your 'knowledge and experience' I was only voicing my opinion....whilst tending my tomato plants in my greenhouse...and drinking too much JD..
Apologies if I sounded out of turn. :)
By the way, I think I have a 'bigger willy' than my dad's.. lol .. :)
Apologies Again.
ATB

ATB.

Good evening Jim,
Thanks for your 'Broker review' on GBP, however I do think TRP are in a stronger position than GBP (i.e we are ready to go drilling). Therefore, I believe our PMUR rating may be 'somewhat' higher than than GBP.
The 'Long Lead' equipment, along with other 'standard' drilling tools are already in storage in 'Douala' for our 'NJOM-3 well' (indeed, also for the further -3x wells- re: Cameroon campaign). The Geo-survey and 'preferred rig' survey have also been completed.
We now only need the the go head from the Cameroon Government to commence the operations.
Regarding the 'JV' funds, I imagine these will be released on confirmation of ops go ahead from the CG.
ATB.

Lol.. the '86p' sell .. tipped the scales.... Seriously there's not alot of shares in 'free-float' even less 'available shares' for the MM's to trade when news is released... (They know more than us what's coming), patience is the key ;)
ATB

Should be only a couple of more days to go before we expect an RNS...if according to 'Director Dealing closed period rules' i.e.waiting 30 calendar days before news can be released.... Thoughts?
ATB

For those who haven't seen it...
This is the valuation of the Thai license in Cameroon alone (including NJOM-3 well), conducted by 'OilLR Pty Ltd'.
Valuation date is 10th March 2020 @ $40/bbl Brent price.
Total for Prospective Resources (low) $193M, (mid) $787M, (high) $1,949M.... Conclude your opinion on how that will reflect on the current SP.

Read this report:
https://www.towerresources.co.uk/wp-content/uploads/2020/03/Summary-Reserves-Resources-Valuation-Report-Tower-Resources-Cameroon-Assets-Effective-Date-10th-March-2020-Publication-date-12th-March-2020-Final.pdf
ATB

Agreed OB,..et Al... think your on the same page...OilLr have had two warnings in consecutive RNS's that 'others' are awaiting in the wings... Just don't think they have the 'balls' to commit.
As mentioned TRP have already spent 'circa- $3M' on the THali campaign, so they are not going to let go 'down the swanny'..for a paltry '$7.5 nor $5M' investment.... considering the returns of 8kboepd.. :)
ATB Holder's...

Yes, I'm well peeved off. Got too many M's shares £XXk's invested....but so close (just days/weeks) until a massive increase in the SP.... I'll just have to hold....not prepared to go 'rainbow chasing' in this current climate....
ATB Holder's...

Since the 'Trading Day' is over... I'll vent my frustration... 'OilLR Pty Ltd' have had plenty time to commit to the funding...now the 'HoT' terms have us tied for another 4 weeks!... Asher should get his lawyers on the case to attempt to cancel the agreement (for failure to 'grow some balls')... it's only circa $7.5M to get this project going and transform the company into a bonified O&G producer...I'm sure there are 'others' waiting in the wings...but unfortunately'HoT contractually wise' can't show their cards... We need to get a drill in the bed on or near the 15th Sept (to keep the schedule on track)....it wouldn't surprise me if JA (Personally & Board) funds the remaining $7.5M to get the cashflow going ....and hence start to fund the Namibian campaign.
All IMO,... rants welcome.:)
ATB

Shrewd move by JA, get all the ducks (financing for the Cameroon campaign) lined up, then straight in for the BIG Namibian campaign.... L2 looking good now with Panmure leading the way... Well that's how I see it.
ATB

A bit bitter 'steve196'...why have you popped up now?.....was going to comment on your post, but looking at your 'history'....I can't be arsed :)

For those who haven't DYOR on TRP.
This is the valuation of the Thai license in Cameroon alone (including NJOM-3 well).
Valuation date is 10th March 2020 @ $40/bbl Brent price.
Total for Prospective Resources (low) $193M, (mid) $787M, (high) $1,949M.... Conclude your opinion on how that will reflect on the current SP.

Read this report:
https://www.towerresources.co.uk/wp-content/uploads/2020/03/Summary-Reserves-Resources-Valuation-Report-Tower-Resources-Cameroon-Assets-Effective-Date-10th-March-2020-Publication-date-12th-March-2020-Final.pdf
ATB

Fit like OB,
Firstly, I don't think that 4.3M buy was just an 'educated punt'.
I would be happy for a steady increase towards the 15th August...then the fireworks will really start when the expected news drops.
Secondly, on the Rig front, IMHO wouldn't expect JA to throw away £200k+ on another rig survey (even though 'if' the 'Jack-up' was of the same design: 'spud-can' forces will be different (different 'deck plans' from 'non-fixed' equipment etc..) from the original COSL Seeker survey.
I'm sure JA has probably negotiated a 'cheaper' deal with the Chinese owners - who knows, they (COSL) may want a foothold in Namibia also? and could possibly be the other JV partner for NJOM-3 well.
However JA has stated "We are pleased that this transaction is still on track, and we look forward to having funds in hand in good time for the resumption of normal oil and gas operations. We are using this time to get as fully prepared as we can for drilling and testing the NJOM-3 well."
ATB.

Just ticked up.. lol a quiet one up here...in lock-down again..
ATB

Very good.. 3x 0.45 & 3x 0.5
ATB

JA, might even surprise us all with an interday RNS..!..
Which would be nice ;)
ATB

Doing just dandy pal, hang in there, I'm sure COPL will come good (been keeping my eye on it but not ready to invest yet - waiting until the shenanigans calm down a bit :)
Also keeping my eye on MNRG & COBR..;)
ATB

OB, COPL went a bit mental today, hope you got 'in and out' with a good return ?
On TRP, held well today considering a few sells and a balanced buy.... Won't be long now..this week or next, then we will see who hits 1p first.. ;)
ATB

Nice buy OB. ;)
Was going to say "good time to buy" as PMUR are on the L2 book @ 0.50... so looking good for next week...;)
Anyway , I've been away for a few days - picking up my new 'vintage' motorcycle :)
ATB