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What I cant understand is how come with acerage for Global petroleum which is only 0.78p - a penny tiddler like us - they dont have problem with Covid and neither did Total who are near us - their operations are unaffected??? Why is that ? We are fully funded until March 2021 so if others are drilling we should be as well by now - global petroleum reported good oil drill , as did Total reporting monster drill results so I reckon Mms are looking for the weak to grab shares - the motto I have known on any BB is buy on rumour and we've had that with Total and sell on news (jump in b4 the herd arrive - at which point this will be NT to buy - even £1 worth of shares). So disheartening as the sp looks with no news , all invested did the correct thing by jumping in b4 the Buffalo herd arrive - haha!! And will soon be out of the NT to buy scenario. The big Oil is defo there - just we awaiting the news. Emoji - sad face.
The sp is looking crap not just from trp but every share on my watchlist and I have 47 shares up to now . Due to Us election outcome and also outcome of share value. They mostly have great rns, assets, funding, etc but they will all come up.GLA - cover your eyes with your hands at least until some time 2021 and then see thru them - hopefully Covid restrictions will ease.
Goto 28th july 2020 rns plenty of news on Global petroleum who are south of us in Namibia oil field. 25% of their Welwitschia structure lying in block 1911 is covered by Tower's licence PEL 96 . It's a very good rns which says Tower are looking for success on surrounding oil drills by other companies to shore up its confidence on its own prospectivity of oil success. The shares were down to 0.32p on that great news - usual case Mms bringing Sp down on great news. So now JA bought at 0.39p 3.5 million shares I think. I wonder why derampers or long term suffragettes???
Maybe he was encouraged by the 28th July rns?
Have a good read of that rns ppl and also keep eye on Global petroleum news as they are prob ahead of Trp on their Namibia drill.
GLA . All good investing and all good things come to those who wait.
https://youtu.be/8_h_uxH3E_A
Recent rumour was once 0.46p,0.47p is broken on a worse day 1.1p is achievable- so it's not a write off yet and Cameroon news should raise the stakes here in the pennies so according to Zak mir much upside. I think Malcolm graham wood also mentioned it previously based on the assets alone. GLA . News could come any day. So it's a hold - although a long one maybe.
Thanks Bishop and Mr Eyeguy is invested in Trp.
I have known Trp for 5 yrs since 2015 - it was a dog of a share with great oil assets and still has great oil assets. Problem with penny shares is ppl want to become millionaires overnight. If that is case don't play penny shares stick to ftse 100 shares - on the crash next year there are some excellent ones to get into. Derampers don't do their research and post utter nonsense on BBs - Stay Calm and Carry On.
November news coming me thinks - watch this space . It's all on YouTube and give the CEO a chance ppl. He's bought 30% of the company shares- ceos don't invest that much if they don't think the company has a future.
Check twitter and Mr Eyeguy's posting that where I got info where Total's latest spud came and that it was huge - Total is adjacent to Trp's acerage so since we are due an update on that drill then its defo probable that our oil drill will be superb. Check twitter - #trp and @eyeguy_one and scroll back to trp postings on there. It has a picture of where trp block is in relation to Total and Exxon in Namibia.
Thanks Shakeyerbooty just listened to Sharetalk on August 13th about the DA deal Microsoft involvement- looks great but do u have a link for the webinar thanks?
This is only share on Aim which will be next Amazon - selling covid masks - £ms or £bns to be made thanks to China!! Does anyone think 30p-40p possible. GLA .
Anybody know why buys are coming in ? Sp going up. I know this went to 50p on Microsoft collaboration that was 2017/2018 . Sp dropped to 7.4p now going up???
https://www.proactiveinvestors.co.uk/companies/amp/news/932553
Its panic selling and covid is hitting every company. Tower just awaiting lifting of covid restrictions then BOOM sp will fly due to the restrictions lifted and work programme can recommence.