Member Info for lsetown

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Even with the current low oil price this project still looks viable to me and especially so if they find the extra barrels.

When a Covid-19 vaccine comes along in say early 2021 the oil price should recover and TRP still won't be at first oil stage.

The oil price drop today would have shaken some confidence.

I topped up today.

I do hope the current oil price doesn't dissuade any farm-out investors here.

I personally reckon the oil price may be substantially higher in coming years. The Covid-19 effect must be relatively short-term. The upcoming US shale re-financing may not go well at current oil prices. The recent lack of exploration won't make up for generally declining production. So, is a supply crunch coming?

They've also got to get Italy to pay any cash.

Then there's sentiment, BOD wages and investment follies.

Great story. Yes old age teaches that betting on a game almost never ends well.

Well the Globe Tavern in Stanley has a pool table:

https://www.tripadvisor.co.uk/Restaurant_Review-g294272-d12058995-Reviews-Globe_Tavern-Stanley_East_Falkland.html#photos;aggregationId=&albumid=101&filter=7&ff=238177286

Great. I love pool too and am a better player than most, but not good enough to play you I fear.

I reckon if you play in a pub these days (hard to find a table) the youngsters are normally easy to beat. That's only because people don't play so much nowadays.

When Rockhopper are producing (??? lol ???) I reckon all of us on hear should take a trip to the Falkland Islands and play pool in their pub. (We may have to order the pool table though?).

Hey Gozzie. Snooker - good stuff.

Are you in the Wikipedia page?

https://en.wikipedia.org/wiki/1981_Junior_Pot_Black

Tower need to have shown that they have the funding ready before the agreement tabled for 15th April with OilR.

From the recent farmout RNS:

"The HoT are binding even though further documentation is required to effect the transaction, and the parties' intention is to complete the transaction by 15(th) April 2020 ..."

" In particular, the HoT will terminate automatically on 29th March 2020 in the event that Tower has not received proof of funding in a form acceptable to it from OilLR by that date."

03-Mar-20 09:37:48 0.45 500,000 Sell* 0.45 0.55 2,250

Was me buying this morning.

lol. I only posted it because I was shocked myself!!#

I am wondering if my broker used his 'stock float' or something?

Well, I bought 500,000 earlier and only paid 0.45p, so I guess they could all be buys?

Criticise and ostracise is your method Nigoil.

You try to discredit and manipulate.

So few people like you on here.

I hold some here but agree that Rockhopper is a 'Disappointment Factory' lol.

Intellect isn't enough to handle the vagaries of the stock market and definitely not those of this board!

I like the quote about Isaac Newton: "He could calculate the motions of the heavenly bodies, but not the madness of the people.'

Still very much like this but the virus, oil price and lack of news has been a bit of a worry.

Assuming the June spud is still on, will we hear news soon I wonder?

Godders - you've got to remember that this board is a complete 'laugh'. lol.

Num. Price Size Type C T Bid Offer Time Buy Sell ? Buy % Buy Vol. Sell Vol. ? Vol.
4 3.8 6000000 O 3.6 4.0 17:15:00 6,000,000 10,255 6,000,000

I believe Jeremy Asher has 27% of the company, a significant amount of warrants and options, and most controversially a $750k loan to TRP which is secured on the company assets.

I also like the look of this as Jeremy has substantially backed TRP, but the fact remains that the loan is secured on the assets and there is precious little cash.