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Lol.. Did wonder at the time (for a millisecond!).. why Donald Trump (US Government) wanted to 'buy' Greenland..
ATB ;)
https://www.theguardian.com/us-news/2019/aug/19/why-does-donald-trump-want-to-buy-greenland
https://youtu.be/Gy9lxSPLNBU?list=UCIRYBXDze5krPDzAEOxFGVA
Buy or Hold... This statement has cemented my 'Hold position'.. - Results confirm that graphite content at the project "is very high, amongst the highest found in flake graphite deposits globally".
Could this be the beginnings of a similar EUA scenario?
Have a look back at their 'Charts' and corresponding 'RNSs' from circa Oct 2019 and beyond.
ATB
ATB
Brakes are slowly being released...Breach 0.5 then we are off on the journey..
L2 is looking good (for a change today) steady increase to 0.55...MM's taking their positions?.. getting primed for the arrival of news?...
ATB
I've got a feeling the MM's know something, another acquisition in the pipeline?... Romanian O&G perhaps??
Exercise of Warrants etc.. Great to see all directors agreeing to this collectively and releasing much needed liquidity to the market.
Also good to see Christian Schaffalitzky (EUA) getting his worth...and still very much involved ;)
ATB
I've got a feeling the MM's know something, another acquisition in the pipeline?... Romanian O&G perhaps??
Exercise of Warrants etc.. Great to see all directors agreeing to this collectively and releasing much needed liquidity to the market.
Also good to see Christian Schaffalitzky (EAU) getting his worth...and still very much involved ;)
ATB
Yes Reggie. I too am patiently awaiting the 'New Age' reprocessed 2D seismic data results. I expect an encouraging RNS this week,..
Intriguing that they (TRP) want to 'review the data' prior to going public, I sure TRP's '50% partner' (NewAge) would've kept TRP updated throughout the whole process and they most probably already know the results. Which leads me to the question - who else is reviewing the DATA? Has TRP signed a NDA with a Farm-Out partner?
Could we be on the cusp of an overdue 'blockbuster' RNS revealing massive revised reserves AND a Farm-Out to a major E&P partner?
That said, I would also like to see a bit of movement on the Cameroon operations.
ATB
For transparency, I haven't got a 'twitter account', however to access the 'tweet' click on this link then click '#TRP' then 'latest post'..(posted about an hour ago)..
https://twitter.com/Justsharesonaim/status/1354004376994648064?s=20
ATB....now, DYOR :)
Twitter post... (Taken from an 'email screenshot').
………......
Re: Tower Resources website contact: "Jan 2021 Update"
"Dear ****,
We did say that we expected NewAge to complete the work by month end, and my understanding is that they have done so. However, we do need to review what they have done, before commenting on it publicly, and that due to begin next week. I hope it won't take long.
All the best, Jeremy"
ATB
I recon this is what the investors have been waiting for..even before reviewing our own 2D data and possibly progressing with even more accurate 3D modelling.
Best review my statement from last week by 3 fold!!.
This is Massive news for TRP (as going by GBP new interpretation of the 2D data in the area) the Walvis Basin could hold circa 3x reserves, which encompasses our Welwitschia Deep reservoir/well.
ATB
With the 'issue of equity' yesterday, Could it be Terrain Energy Ltd or (and) Onshore Oilfield Services Ltd??
With the recent interviews with RG and PR, I get the impression that there is a 'hunger' for aggressive acquisitions/deals to be had...and kicked into the dust (aka: LVG)...at the moment... Possibly getting in whilst the POO is low.
Hmmm, something to ponder over the weekend. ;)
ATB
UK E&P Licences:
EXL141 (100%; operator);
EXL294 (100%; operator);
PL199 - we hold 95% other party is Terrain Energy Ltd
PL215 - we hold 50% other party is Onshore Oilfield Services Ltd
PEDLO90 - we hold 50% other party is ??
PEDL209 - we hold 28% other party is Egdon Resources
EGDON RESOURCES (EDR) is the one to watch. Once our other well comes back on stream "next month" ('quote from PR') and flow rates increase from our existing producer, we should be around the equivalent Barrels per Day.
EDR - 328M shares in issue, MC 7M, SP 2.25p.... Could be very interesting this next few weeks.
Also with that last couple of TR1's approximately 75M shares less in 'free float'.
And this is only the first Stepping Stone!
ATB
All 'eyes' of the TRP (and potential 'Farmee's') teams will be watching with interest.. I believe we have circa 20% =@180MMBBL- after the revised data...who knows, could be double that figure..
Also, with the well already drilled (albeit not far enough) it would've been 'plugged and abandoned' which means most of the subsurface infrastructure is still in place, so it wouldn't be too expensive 'relatively speaking' to re-enter' the well and continue or side-track a few hundred metres or so to hit the payzone.
ATB
They will be expecting their enhanced data on PEL0094 (where we have 'acreage' interest) any day now.
Also 'potential' Farm-Out news due.
Interesting thread to read, (taken from GBP BB).. if you are getting bored of waiting for any operational update whatsoever from JA.
"Welwitschia 1A well missed the cretaous sweet spot target and wasn't drilled deep enough to penetrat"... Posted: 19 Jan 2021 20:16
ATB
New MM has just joined our L2 Board..(we now have seven). MREX
Graeme Dickson (@graeme_dickson) Tweeted: A new market maker is making a splash onto the London Stock Exchange.
Marex (MREX), the world’s biggest market maker in commodities, is making a go of it in equities. Coming to a stock you might own soon?
https://twitter.com/graeme_dickson/status/1348588387280809984?s=20
https://www.marexspectron.com/
ATB
As it's the same quantity of shares, it's likely a 'reverse trade'...just like 'London South East' muppets to forget the minus (-) sign .. just as they have 'forgot' to post RNS's these last few days!.... f***Ing muppets!
ATB