Member Info for dpend

So, who is the CFO at TRP? if they raised $1m less than a month ago for "working Cap" why are we raising another $250k for working cap just weeks later? it's like death from a thousand cuts.....

Well I doff my cap to him then....... he definitely wasn't a good CEO though....

The management are not perfect agreed, but hey after the Bahamas farce, who saw Uruguay as the next play? you have to give them credit for that (not Potter of course)

That's my point, CEG has all of those assets but the share price currently doesn't reflect reflect that?

Has to go up soon you would think? with a Market Cap of £12m and cash in the bank of c£12m currently there's currently no value attributed to the other assets

0.02

I didn’t try 30 i tried 50 and 20 also with AJB

Tried 50m no deal, but could sell 20m @0.0155

What’s the problem? It’s always been an estimate for the drill availability

“ The Rig is currently subject to existing contracts to deliver a series of wells, whose timing are naturally subject to operational uncertainty. Following the completion of those wells, the Rig is expected to be available in Cameroon between April and August 2024. Subject to the Rig being available during this time period, the Company therefore anticipates that the NJOM-3 well will be spudded in Q2 or possibly Q3 of 2024. The expected date range for the Rig's availability will be narrowed as it draws nearer.”

Struggling to see what's holding this one back really,

Debt free and with a Globally recognised Farm in Partner that has assets of over $200billion, and that had a capital Budget of $4.3billion in 2023

Well done to everyone who kept the faith

The first of many positive updates this year

Doors are closing going up

Johnny no mates is not a troll, he's just a very lonely man , bless him

Must be something happening, otherwise why would a wise old sage like you be here ?

I am of the opinion this is a red or black gamble and happy to take that risk plus you are good entertainment value, piping up at the slightest opportunity, have you no investments to look after?

Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo Seven offshore blocks became available to bidders in 2019 with an average area of 15,000 square kilometers each, located between 100 and 300 kilometers from the coast. Ferro also said that in May 2022 a first contract was signed with CEG, while five more are expected to be signed in October and the last one is expected to be signed by the end of the year.

This is the interesting bit…….

Other bidders were Brazil's Petrobras, France's Total, and Britain's British Petroleum (BP), British Gas (BG), and Tullow Oil.

Its time to chill, more progress made, the CEO in fairness did state in his interview that he can only control things within CEG, he can't control how long the Farm in partner takes to do its Due Diligence etc. So if it Q1 then so be it, he was just a bit naive putting the "complete by the end of year comment in"

He's become an activist investor in his companies activist investor ;-)

Full ask was offered for 25m shares just now

Can someone just explain to me why you would spend your time on a share discussion board if you have no investment and no intention to invest? Is it for some kind of sexual gratification ?

Me personally I have been in since BPC days, my investment went down (I didn’t lose because I didn’t sell) I watched and decided , of my own volition that there was a new direction here, I decided to invest some more and now I am overall in profit, (I haven’t gained money yet because I haven’t sold) this still has plenty of legs over the coming 18 months I am sticking and I MAY throw a few more quid in