Member Info for edd12

What is detrimental about the RN?

Committing key members of staff for 3 years through incentives of shares. Did you read something different?

Agreed.

Particularly with all the work that looks to be going on behind the scenes.

Very curious to get an update on SA.

Exciting times for TRP, still a great price to get into a potential multibagger

Interesting find this.

Taken from their website:

"The system focuses on the key areas within the drilling and completion process that can be benchmarked and analysed for performance."

Sounds very promising that they have confirmed to be working with TRP and have in fact gone out to cameroon.

Espically considering its a cloud based service.

"Our cloud-based software is the culmination of decades of experience in measuring drilling performance and delivering drilling optimisation strategies with tangible results."

BSR, last time I saw you was sceptical about TRP.

What has made you get back in? I feel like we are around as low as we will get now without any news. Looks like a great price to re-enter.

Wonder whats happening with the Buys and sells, no update since 11 but been lots of share price movement.

Been a good morning for buys

If an update on the Farmouts getting Gov approval is given this will rise substantially.

An update on SA will see this rise substantially.

The price we are currently sitting at is a bargain when compared to the assets we have within this Co. This is obviously due to market scepticism (potentially rightly so with a history of raises and delays) however that is the nature of investing on the AIM market. Right now however we are in a news rich period for the Co. I cannot see further dilution in the ST/MT with the recent issuing of the bridge loan (which is convertible at over 100% premium to todays price, showing the confidence!).

Just a simple comparison of the Mcap and the potential value of the assets we have makes this a very interesting and exciting punt. I certainly wouldnt want to be out of this, as soon as any progress is relayed to the market it will be too late to re-enter.

It does look like a weird trend in the Buy sells this morning.

I also have this morning, looking at the buys I think a lot have realised the bargain price this is.

Chunky buys of 47m and 87m going through this morning.

We have a mcap of £6.8million with $4.3 million set to be received on completion of both the farm outs with a further commitment of $15m contribution to the Thali work programme costs.

This shows the massive disparity in the TRP's value without even factoring in the assets we hold in SA.

Typical with Aim, this is a waiting game till news on progression is received

Building nicely today.

Been a morning of sizeable buys

Would not want to be out of this over the weekend.

News on the two farm outs and an update on SA is imminent

Did u watch the same interview?

15 mill for the cameroon asset, exploring debt finance options (no equity raises in short to medium term).

Derisked Namibia asset following the farm out there

Confirmation SA farm out discussions still ongoing.

Rig discussions/planning being held.

I think the only thing missing was S2T's rockets.

Great to see the persistence has worked S2T.

This is only the start for TRP gains, Mcap is still severely undervalued. We have been saying this since early summer when Mcap was 2 million. People are crazy to give there shares to MM's at this price, lets see them struggle, keep hold of them shares until the true fair value for this company is achieved.

Exciting times here, not much opportunity to buy at these levels.

Had a top up this morning but it seems to have it down as a sell.

These daily increases are nice but immaterial to the rise we will see when the news drops.

Wouldnt want to be out of this over the weekend....

As Sebbo mentioned, cant imagine ASX issuing a query here.

Our tiny Mcap makes augments any movement on a % basis; yesterday did feel very leaky id be very surprised if we heard nothing in the next week.

I think it was obvious there would be some decline in price with no news today... 5% rise monday, 5% tuesday, 11% yesterday.

This is still severely undervalued but we wont keep rising purely on anticipation. We know whats coming these daily rises and drops are completely immaterial once we hear news on any one of our 3 assets. Dicko provided a good summary last night of what we have in the works

1.2billion volume today, can we get to 2 bill by COP today.

MM's are praying on sells

Love to see it BSR

Glad to see BSR has found yet another alias