Member Info for edd12

Buzzing for the short term here.

Not many shares on AIM have multiple catalysts that could cause a multibag.

Cameroon licences...

New licenses in Cameroon (should be today decision made) ...

Namibia approval...

Maybe even some SA news at some point too

C.£190k spent in 4 trades today... doesnt look like PI's to me

Premium getting paid on 86mill buy.... think u could be right

£71k Buys X 2.

Really suprised we havent had a TR-1 already with this size of these buys.

Someones accumulating a healthy holding

Expect a TR-1 in next day or two also

Original NPV Calcs were done on Brent being C. $65, which provided value for TRP of £30 mill. (After discount, split with prime and factoring in Cameroon taking a share)

JA could have pulled off a masterclass if we get this signed off in the ST 1p will just be the start here.

Significant buys and they dont move the Bid either.... i have never seen transactions that big in TRP and i have been following a long time... i suppose we havent been this close either.

Mental that two 2 20 mill sells moved the bid down and we get 1.3 billion bought and they keep it the same.

Considering there is 40 bill shares in free float, JA owns 8 bill (1 bill direct, 7 bill indirect) that means there is 32 mill shares in circulation.

4% of total shares in circulation just got bought in 10 minutes!

Tick tock wont be long till 0.03 and then all the way up to 0.1

Think someone is also splitting a £10k buy into £0.11 buys...

Wtf is going on with those buys, relentless at 0.11 lol

Just seen this, that must be 10+ 10k+ trades dropped today..

£10k after £10k buys, Next tick up is due here.

Going to be a quick rise once MM's let this go....

Whos knows maybe we get a intra day RN, catch a few with their pants down... after all Cameroon are only one hour ahead of UK.

Exactly - the 30 mill Mcap estimate is based on a old NPV (Ft a 70% risk factor).

I would imagine a updated NPV with the latest oil prices would provide an even more attractive NPV calculation.

A c. 15% dillution that has cleared out bridge loan. Our Mcap has gone from C. 9mill to C. 11 million.

If thats worrying you why the hell u invested in AIM.

Cleared our debt and put us in "prime" position for farm out and definitely make our balance sheet look better.

No one here invested here as they thought damn this Co. is going to an 11 million Mcap.

TRP will be a 30 million Mcap once cameroon is confirmed:

Pre raise today that would have made the share price 0.083.

After the raise today a 30 mill mcap would make share price 0.074.

Oh no only 3x from these levels.

Great news this morning, sounds like more news is imminent. Puts of minds to ease that confirmation of permits is almost done.

I had a top up myself this morning for a trivial few hundred bob as was surprised at opening price.

We have seen this before here with immense buying pressure one tick up will see the share price climb massively. Once we get past the 0.026 it wont stop until 0.03 and all the way to 0.04.

Could be the last time to get seriously bargain price shares.

Lots of money to be made here if people wanted a punt thats turning into less and less of a punt as time goes on.

Imagine the news flow once permits are achieved; farmout completion, farmout funds receipts, rig confirmations, potential new blocks with our farmout funds :) etc.

Lots to be excited for, definitely wouldnt want to be sat on side lines when this finally does multibag.

The price right now has a substatial risk factor already built into our Mcap.

C. 10 mill Mcap right now.

Cameroon alone on approval should make us min a 30 mill Mcap.

Sprinkle some news on Namibia or south africa and skys limit for where we could end up...

Cameroon lisense approval could be the catalyst that see TRP become a mid tier african oil co...

My shares are defo under sticky fingers and i know of others are also. Fat chance MM's will have my shares at anywhere near these levels

MM's prewarned us this was going to 0.03 with the UT last night.....

Anything under 0.04 is bargain prices.

Anyone in the know what all these 354 share buys could be over the past few days?

Probs someone messing about just been looking weird for days now with constant trivial buys coming through.

Hi Casper,

Some people might think your being hopeful here but just a reminder on the beast we have here and why thats achieveable:

If our farm-out agreements receive final approval, the company will receive an immediate cash injection of roughly US $4.4 million, with a further US $15 million to fund the Thali work programme in Cameroon.

A separate US $2.5 million payment relates to the Namibia PEL96 licence.

Cash alone from the deal would therefore equate to around 35–40 percent of the entire company’s market value, while the full US $17.5 million funding package (cash plus work programme costs) exceeds the current market cap.

According to Trps June 2024 corporate presentation, the base-case post-tax NPV10 for the Njonji development (Thali licence) is approximately US $300 million at a Brent oil price of US $75 per barrel, assuming an initial production rate of 6,000 to 10,000 bbl/d. Following the 42.5 percent farmout, TRP will retain 57.5 percent of the licence. On that basis, Trp share of the NPV is roughly US $172 million (57.5 % * US $300 m).

If we apply a substantial risk discount — say 60 percent to reflect exploration, regulatory, and execution uncertainty, the risked NPV would be about US $70 million, equivalent to roughly £55 million at current exchange rates. Even at a more conservative 75 percent risk discount, Tower’s implied value would still be near £30–35 million.

BTW this is just looking at our cameroon asset not factoring in SA and namibia.

Looks weird with all these small trades, MM's keeping the Bid up for these chunky buys to buy into.

TRP hasnt seen buys the size of todays in a long time.

50m delayed buy gone through.

Placing shares fully cleared and reported also.

Start of a great week here, if volume maintains could easily hit the 0.04's again preapproval.

Tick up we go.

Buying activity shows market is confident.

Fully funded now after the recent raise.