Member Info for Optic15

Hi all, not invested here, this price and MC is usually out of my range. I more trade/invest in smaller stocks.

But i'm interested in the share price situation here. I've seen a few posts here mentioning '29p/30p' quite a lot - is there some sort of basis upon which that is being discussed or is it simply a prediction based on charts/analysis etc.

Could someone fill me in on that please?

Thanks!

Yes Wrexham,

I too am expecting a bag at least on approval. Ive revised my previous multi-bag expectation as that will come more likely on the back of good drilling in 2026. A good initial target is 0.1 regardless of the drilling, also going off of the broker target of 0.13 if i remember correctly?

The reason ive revised my expectation is because people have now built enough position here, a susbstantial rise of multiple 100 % will likely be sold into, that being said if there is enough pressure and interest, yes a multi-bag would be on the cards.

I wonder how the documentation & approval is fairing.

Hoping its being filed through as we speak, an update on the Cameroon trip would be well received - to land, it would set us up nicely for further drilling into Q1 and beyond.

Delays coming out of Cameroon is concerning though, even you CMG & Asher7 must agree despite your allegiance TRP.

I too hope approval lands without any unwelcome surprises, they did state in a previous RNS dated 30 September that their "understanding is that the president has approved this and that the information is being relayed to MINMIDT" so based on that reading I'll be very happy for the company & LTH, once it does land.

A lot rests on the "timing of these approvals".

Correction* - Duyung update made for "bad" reading followed by a more dismal RNS........

Could see a dead cat bounce here. RSI slightly above 30 as of yesterday, entering oversold territory. MC low and nearly -80% since mid nov. If .275 where we are currently at isn't bottom, then this might drift further down towards the 2 mark before any rebound may happen, though hopefully it wont fall that low. Just don't know with these AIM companies.

I understand that the general sentiment remains bleak surrounding this company, hence my minimal re-entry.

Im hoping the farm out issue is solved for the benefit of company and long term shareholder/investor - the sudden shift in proceedings took us all by surprise a few weeks back, I lost quite a bit. As i mentioned some time back, the initial RNS farm out 'duyung update' made for good reading followed by a more dismal RNS mentioning the dispute between the parties. The legal saga won't want to hang over the heads of the parties, they ideally want it resolved asap and with the best outcome for both sides.

We will see what next week brings. All the best :).

Took a small punt just before close.

Not much to go off support wise here, but it did fall to around this level late july/early august then started re-rating.

RSI hovering in and around 30 as of yesterday, suggesting its in the zone of being oversold.

Latest trade just payed over ask

Over 1Bn volume now is nice to see :)

I mean hey if all this waiting turns out to be a huge contract.

Then the wait was well worth it.

The only thing will be a contract, AppleBee.

They need to prove that they can:

A) Secure contracts highlighting interest in their service

B) Generate enough revenue from these contracts to keep the lights on without having to do many rounds of fundraising later down the line.

Then they have a good & stable business.

Over 400k views now.

Mirriad got some good publicity right there.

Yes hopefully an update soon.

Feels like ages since i last posted in this board. I remember, Jay, you were and are a frequent poster on this board.

How are things with you?

Interesting as well cause i remember Allenby capitals update mentioning some large names but sadly no update on this since.

Wow, haven't been here for a while.

How much cash still in the bank roughly? Are they still above 7 figures?

To me it just seems odd because you would think after quite a fundamental trip for the company over to Cameroon that there would be an update worthy of an RNS.

Definitely taking its time. TRP have been talking about approval and documentation for sometime, shareholders have been aware for awhile.

Yet no concrete update as of yet.

Tony u just sit here all day and trash talk TRP. That's part of the problem. You're dissuading potential investors by painting TRP out to be a scam company of sorts when crucially - and this is the most important part - no news has surfaced to suggest that.

So you're hating based off of thin air.

Nobody is saying TRP is going to become the worlds next leading Oil company, but with everything that is currently happening, been mentioned by JA in legally binding RNS, there is a reasonable foundation to suggest that there are good opportunities to come and the potential of significant share price rises can take place as a result.

But of course nothing is guaranteed.

Let investors make their own minds up. Best place to start would be with the RNS'es. Oh and the huge buys we saw recently? 6 figure buy? Couldn't have been random.

Guys if i were u i'd be careful relentlessly deramping stocks. The FCA are looking at this and the 'abuse' of AIM companies.

It works both ways, positive and negative. Speak good when its good, bad when its bad, optimistic when there is potential/opportunity. Everyone can have an opinion.

But this relentless deramping is exactly the kind of thing the FCA is trying to stamp out.