Member Info for Jamesthesecond

The sellers are the beneficiaries of the cheap confetti and making a profit at the expense of investors like us. JA needs to wrap up the JV at Cameroon PDQ. The current valuation is ridiculously cheap but its all down to confetti

TRP does not have 3 months to put a deal together. That would be reckless and the very least negligent. It is now or never.

Regardless what the company has said, the funding should be sorted this month for NOT missing the drilling window/rig etc.

https://www.youtube.com/watch?v=mx5NjzGlGxo

Confetti to EECP is finished as per last RNS.

The relevant question is where has all the money gone ( revenues from gas and placings).

Indeed risk/reward ratio is excellent. JA needs to deliver ASAP.

There is nothing in the pipeline until finance is sorted. And its imperative that its sorted NOW. Funds have to be in place now for contracting all the necessary labour/materials for drilling in July/August this year. JA does not have the luxury of time.

Yes- come on JA

Any deal around the company guidance with a variance of 5% is a good deal. Is there a deal? Its taking forever!!!

The third box for Cameroon is taking forever to tick. Come on JA. GET IT DONE

JA needs to pull finance together. Its overdue and there are no excuses. Re rating can only happen when the 3rd bo of finance is ticked.

Finance has to be in place now to sort the drilling in the next few months. Otherwise, kiss goodbye to drilling this year.

SP will catch up once JA confirms $$$ sorted . That news is now overdue. Considering the talks have been going on for so long and the boxes have been ticked, we should be very close to RNS.

08.02.24 rns

"We remain confident in finalising asset-level financing for the well, for which this extension was a critical condition precedent. However, we cannot comment further on the commercial discussions in progress until firm agreements are reached.

"In the meantime, we are also continuing our work on the evaluation and prioritisation of leads and prospects on our Namibian licence in light of the basin modelling work we recently completed, and we have been discussing the next steps on our South African Algoa-Gamtoos license with our joint venture partner and operator, NewAge. We hope that this will be the first of many positive announcements in 2024."

The JV/finance deal must be very close. Could be any time. GLALTH

Its good to see that JA has killed this facility. Indeed its a pill that had to be swallowed and great to see the end of EECP. a relief it was not as bad as expected.

What we all need is the confirmation of finance ASAP. SA & Namibia are distant dreams by company's own admission. Cameroon has 2 out of 3 boxes ticked. The last box is down to the company and potential partner and since talks have been ongoing for sometime, that asset finance should kick in urgently. GLA

EECP confetti was expected. It was at a higher price , just marginally, this time. If we get the 3rd box of finance ticked, he future confetti will become dearer . we should be trading at 0.04p plus once the finance news comes through and that should be imminent. Asset finance , according to JA, has been close to fruition, and IMHO, the talks will succeed or fail shortly. Place your bets ladies and gentlemen and GLALTH.

AT least some 500 million trades have been shown as buys when they were sells.

We are even steven due to expected confetti shortly. However 2/3 boxes ticked and the 3rd looking very likely and soon. I will begin averaging down soon , AGAIN!!!

Now that the licence has been extended , money should follow via JV for the Thali drill. Rig Availability confirmed is good news. SP performance so far disappointing . Hopefully the penny will drop as risk with the drill not happening is now much lower. Its all down to money!