Cameroon government farm out approval expected very very shortly now that TRP have the rig booked in
Also the $15 million that Prime are giving TRP to fully finance the drill is more than enough now.
Given that daily rig rates are 20% below last year and that TRP are sharing the rig with Addax the cost now is about $13 million. So TRP will have $2 million spare !"
In the absence of news, TA is a good bench mark for sp. British Bills suggest to STAY LONG , which I clearly am (crusty!)
Signal Update
Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 10/06/2025, 1 day ago, when the stock price was 0.0227. Since then, TRP.L has risen by +10.13%.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to