Member Info for JF92

From previous farm outs the cameroon government approval process takes up to 60 days. Going by the RNS date that would put us early March for news.

Assuming JA has submitted prior to the RNS date, we could see news on approvals in February.

Tower will have the best part of £4 million in cash, the main risk for a PI on AIM is a placing. This risk in my view has gone in the short to medium term.

'Therefore, in aggregate Tower will be in receipt of a total of US$4,375,000 in cash on completion of both the Thali and PEL96 farm-out agreements'

This why the farm out agreement is so positive, Trp will receive cash upon agreement. No need for placing in the short to medium term.

Huge delayed tades showing, bodes well for next week

Significant shareholders updated prior to Christmas indicates PH have sold the majority of shares.

TR1 will send this back up !

https://oraclepower.co.uk/investors/significant-shareholders/

The RNS states 'reduction in the exercise price of all its outstanding warrants by approximately 21.9%'

Not all warrants are exercised at 0.025p

MCAP is key here, 5 million.. with Billions in the ground

Still only 4 mil mcap 🤣

Especially with the current market cap, this should do well from here

Property off the market, may have sold !

https://www.rightmove.co.uk/properties/144962993

Great RNS, 250k with no strings attached. Commitment from Ecap

This went to 0.7 on a delay of suspension, we should see much higher today

1p today

Market asleep on this one

Going to smash 2p today

Afternoon run

3p today

Agreed, gets rid of any fears of a placing also

Here we go

Gearing up for an afternoon run to 2p