Member Info for edd12

Impressive how consistently your wrong Tony

Agreed always good to get an update. MMs playing with this share price this morning though, dropping it to 0.0019 to try and hit some stop losses IMHO.

I quite liked the additional clarity around the profit-sharing arrangements linked to the Prime deal. While the arrangement itself was already disclosed, the annual report provides a better picture of how the economics work and why the transaction is so important to all parties involved.

It is easy to naturally focus on Jeremy Asher's circa 20% shareholding in Tower, but these disclosures also highlight that Pegasus retains an economic interest linked to the future success of Thali. That means Asher's incentives extend beyond simply seeing the share price rise - he also has a vested interest in securing approvals, getting NJOM-3 drilled and ultimately moving the field into production.

GLA, hopefully Cameroon or Namibia can get the green light soon.

Sushi did you miss the RN on the 16th of March?

Scaremongers who are incapable of reading and keeping up to date with a company....

PND or a rerate...

Shouldnt be below 0.03 imho

Couple more large buys coming through...

Few nominal too, looks like MM's are tryna test for another tick up in bid

Fear of missing out on an exploration company turning into a mid tier oil company...

The transition would be too quick, one RN can change all here...

GLA

Timed it well, can see another tick up before COP if buying continues

Stonk,

The £1.5m raise wasn't simply used to repay a £1m loan and leave the company with nothing. The bridge facility had been running for almost a year at 15% interest and was extended twice. Based on the drawdown dates, I estimate accrued interest of roughly £120k (£73k on the initial £500k, £27k on the second £250k and £20k on the final £250k tranche). Adding the 5% implementation fee of around £50k gives a total settlement cost of approximately £1.17m.

That would still leave around £330k.

As i mentioned yesterday, what costs would we have incurred since then that would mean we have gone through c.330k in addiional cash gained from the raise.

The drop at the moment is giving bargain entry prices at the moment

Nice buy that asher.

Bargain prices these.... GLA

Hows ENET going santiago????

A lot of us here have larger holdings in TRP than their MCAP... but keep spamming rockets for a dead dog

I have not been here as long as most and made the majority of my 50m investment in 2024 and confirm my 50m is definitely not underwater.

Yes the play here is waiting on approvals for one of our two progressed assets (namibia or cameroon). But even some news on SA would make this rerate back to in the 0.03's. (typically an operation update is provided with our financials which is due soon)

I understand the frustration and delays but nothing is ever quick in africa, if the nod is given here the potential prize is substantially higher than what id suspect youd need to break even.

In regard to your previous statement about a raise, the previous one was done to now make us debt free and raised us 1.5million ... so what costs do u think we are incurring that would require a raise????

Staff paid in warrants...

Struggling to think what operating costs would require a raise for an exploration company awaiting approvals and ultimately 7 figures in cash from prime on approval.

Should these approvals go through it would change TRP from an exploration Co. to a potential mid tier oil company based on the size of the field we potentially have... I certainly wouldn't want to miss that transition period.

Buy high sell low am i right chess...

Id stay clear of AIM if 30% drops scare you into selling.

AIM listed shares move just as quick down as they do up...

Couple buyers with same idea.

Rerate to 0.03 is always quick. Often done this off no news whatsoever

I just had another top up when i saw the drop, got 5.5597 mill at what feels like bargain prices.

Lets see if the usual resistance comes into effect at these levels. Lots of money to be made off any news here.

GLA

I jsut had a top up for 4.7585m, had some spare in kitty and feels like a bargain price at these levels.

Cant see it drifting for much longer.

GLA

Patience is always key with AIM listed shares.

One of our assets is worth 3-4x current MCAP on its own, let alone taking into account all assets we potentially have.

GLA.. SIgn offs will come when they come but i certianly wouldnt wanna miss the rise when they do.

CMG, theres a reason all the derampers are out in full force.

Yes theres been mostly sales today (c.40k) but people need perspective, we have seen larger singular trades than 9/10 PI losing paitence. (rougly 0.2% of the total share cap)

Fundamentals havent changed here... GLA

Testing for a tick up in bid...

Usual trend is when BSR bashes a tick up is due, lets see whats in store here

Lots to be excited for here, got a good feeling about this week.

People love to point to quiet buying activity as a reason why no news is close but how many times have we seen huge influx of buying here that would typically look 'leaky' and no news has dropped.

The whole point of MAR is to prevent insider knowledge effecting share price... the news here could drop anytime and could catch a few with their pants down...

Even BSR has re-entered now, the only way is up from these bargain prices

Nice to see a couple ticks up today lets see if buying pressure can be maintained.

I hope our resident troll, BSR, sticks around once approvals are given. 70+ posts of pure drivel in previous 30 days is prettyyy sad.