Member Info for MisterPositive

Change of control requires a bit of Admin paperwork to pass through different Departments at the Govt ministry. Thats why 60 days quoted as sufficient time. Approval could come Monday, but Jeremy would not know that at this point in time.

Rodge
Beluga probably ready to go, just waiting for the green light from Govt approval first.

Very professional reply i must say from Jeremy.

All looking good here. Govt is on board with what TRP is doing and helping Cameroon to untap its massive resource. Govt granted extension earlier this year, which is a huge endorsement.

Beluga on the other hand also waiting just for the rubber stamp sign off and must have also been busy getting their own house in order during this 60 day interim period.

I would expect back to back news here on both fronts very soon.

Cameroon Govt already granted TRP an extension earlier this year.

Farm Out approval is just admin to update and register the incoming partners Working interest to come onboard and untap the billion barrels potential just like those Billion barrels oil fields to south of Thali block.

No brainer....its coming.

Expect another crack at 0.53 - 0.55 or higher tomorrow before RNS pops up.

Cruickie1
Good to have you on board. You seem to have good experience in that part of the world.

Buys coming in...news must be very close.

Should open lot higher. Like i said earlier, cheap shares are now gone.

Again cannot get even £400 worth on Barclays?

Have they really got no shares ?

Looks like lot of folks not interested in selling low with news imminent.

Been buying on the way up as cheap shares are all gone now with news on the doorstep. This is primed to move to a higher bracket soon.

Current MCap is just too low given the Upside from both Cameroon and South Africa licences with discoveries all around us.

Now not even £250 worth...WTF

Think IG got better liquidity than Barclays.
OR price about to Tick up.

I bet ya @ 0.52 they will be happy to sell us few...

Cannot buy even £500 worth now on Barclays?

What is going on ???

I think this will tick higher from here with news on the doorstep.

0.68 was hit just on Farm out deal announcement day. Expect this to blow past that on Farm Out approval. This is real and happening. Wait is over.
Soon the 0.50s price will start to look cheap in coming days.

Should be in 0.50s soon.

Cheap tickets gone.

Explosive upside here. We know how fast this moves. Re-test of 0.68 should be here soon.

MCap under £10m is just bonkers. News due anytime. 1p by Christmas would be minimum for starters.

Potential 200 Million barrels from Shallow waters

Upside from "Deep Plays" even higher and on trend with the Alba & Zafiro fields south of Thali block.

Annual projected cashflows over +$100m and current MCap only £10m ???

There is your value mis-match !!!!

Current MCap is significantly undervalued.

OB.
Agree. I came back to TRP after many years when they announced the gamechanger Beluga Farm Out deal. Bought first around 0.54 which i thought was a bargain having hit 0.68 on the day.

Been adding since to accumulate as many as poosible funds permitting before this moves to a much higher price bracket.

TRP future now looks very bright from here on.

Substantial upside also from Deep plays also on Thali Block on trend with massive fields south of Thali block.

Over 5 TCF - ALBA field
2 Billion barrels - Zafiro oil field.

Punters in the queue waiting to get their tickets.
Cheap seats are going fast.

Upside here is just too big to miss out on. Market is slowly acknowledging that.

TRP can 10 x bag in double quick time like Zephyr.
May be more in my view.

Cameroon upside 1.2 Billion barrels.
South Africa potential 1.5 Billion barrels
Namibia upside....is a bonus

Cameroon $15m Farm Out approval imminent.

South Africa - our partner New Age (Operator) has engaged firm to also look for Farm Out partner.

TRP is at well advanced stage with Appraisal spud of Njom-3 well in Thali block Cameroon.

Zafiro 2 Billion barrel field is just to the South of Thali licence.

Wait for the wider market to come in.

Some will kick themselves for not getting in below 0.50 when this hits 0.80 - 1.00

Wait is almost over.