Member Info for Jamesthesecond

No such move is likely here. JA needs to deliver. end of.

The fact of the matter is that the incompetent GL and his mates have been up to no good and cost the company a year's revenue in costly delays and exorbitant finance not to mention dilution via those mates. now that production is permanently streamlines with lower cost base, buyers will return to recognise the completion.

All the fat ladies passed away with news starvation on the rig and financing!

I think we are quite close!

Another RED day courtesy of JA. surely JA did not lie to push out a few fee paying confetti which left nothing in the TRP bank.

So far one way traffic towards selling. JA needs to get a move on.

TRP is a leaky ship and when the news are really imminent there will be buys flooding in.

It was a sell. Come on JA. Rig news please NOW.

One would think that if only JA pulls his finger out and sign the rig contract. TRP was better off doing a mega placing two years ago raising the 15 million needed when the price was good instead of diluting us four folds and still seeking funds.

The total MV of Cameroon is around $250 million. Knock that down to half for dilution caused by funding the drill and we are down to $125 million. Once the rig and licence is confirmed the value should be close to $25 million and it will rise when the drilling starts sometime next year.

Unfortunately we keep suffering from false dawns and the likes of Kever keep promoting "knowledge" of imminent good news which are OVERDUE. Its disgraceful and unacceptable that the rig contract is sill not finalised and JA was implying that we are extremely close. Its time it gets done.

We are sinking to new lows. unbelievable

Utterly disgraceful that two minor clauses with the rig contractor still not sorted. Kever still flogging a dead donkey!!!

Where is the rig contract

There has been no concrete news.one would have thought that rig contract was finalised by now.

That was the bid when I checked online

Trades at 0.386 are sells being reported as buys as over the mid price.

A week or two with rig contract should trigger a massive re-rate

Buys are flooding in

Hence $10 per barrel

Its a highly speculative punt and there is a remote chance that some of us may recover our money. First the rog- then licence and money etc. the 1st 2 should be easy. money has been elusive. but with higher oil price, that may change too