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I believe JA stated 1st the rig contract then the licence extension followed by the funding through multiple investors. The rig contract being essential to get this going. Yes its massively diluted but 2024 will see this at multiples of it’s current price.
It’s strange that some will debate for hours the order that things will happen and yet fail to watch a short Video during which the the CEO tells us. Watch the videos https://youtu.be/tCckFVp8dbI
JA talks about the farm out for Cameroon and states it’s likely to be numerous investors for smaller amounts. Reading between his lines I guess no one company wanted to risk circa £7 million but the interview is slightly reassuring that things can move quickly once rig contract signed off
Encouraging to hear JA state that the rig contract could come any day now and this then leads to all the other parts becoming completed. https://youtu.be/tCckFVp8dbI
Just about says it all. I’ve got over 11 million shares now at an average of 0.15 so £12k down and now believe I won’t get that back, so going to think long and hard about selling and recovering at least £4K. Am beginning to realise that TRP May never get the funding they need. Not deramping just being realistic after years of having my hard earned cash in this company
We remain very confident that we will be able to drill the NJOM-3 well in good time and thank our shareholders for their patience while we seek to conclude these discussions."
Not so confident now I bet seeing as the license expires next month