Member Info for Phoebus

It wasn't too high. Look at the big project NAV and 80% COS. TRP's share of Cameroon NAV points to around 2-2.5p. This ignores the excellent looking additional prospectivity on their Cameroon licence, possible Namibia farm out in an area that's hotting up and their excellent South African licence next to Total's mega Brulpadda discovery. Next news here should be farm out finalization and rig contract all within next 6 weeks and then it's chocks away. I'm not risking being left on the sidelines all for the sake of a few percent when the upside looks so good. £10M market cap. Be right and sit tight.

It wasn't too high. Look at the big project NAV and 80% COS. TRP's share of Cameroon NAV points to around 2-2.5p. This ignores the excellent looking additional prospectivity on their Cameroon licence, possible Namibia farm out in an area that's hotting up and their excellent South African licence next to Total's mega Brulpadda discovery. Next news here should be farm out finalization and rig contract all within next 6 weeks and then it's chocks away. I'm not risking being left on the sidelines all for the sake of a few percent when the upside looks so good. £10M market cap. Be right and sit tight.

Indeed Belstaff. QBT, TRP and GBP all in one day. :D

We have breakout.

We have breakout.

Correct on QBT.

Warrants. As I said earlier. CEO is in mega here. Doesn't want discount dilution. Try to read.

Ask now at 1.60p breakout point. :D

This news is transformational. It's the sort of news that should make you invest. People trying to make a quick turn here don't get it.

Yep. Already raised £1M in April. Happy days.
https://investegate.co.uk/global-petroleum-ltd--gbp-/rns/placing-to-raise--1.0-million/202104290700099861W/

which should drive interest in Namibian oil stocks. First up is Total's Venus-1 on Block 2913B which is penciled in for next month. Next is Shell on Block 2913A followed by Galp on PEL 82 and Maurel & Prom on PEL 44. TRP's acreages will come under increasing focus.

which should drive interest in Namibian oil stocks. First up is Total's Venus-1 on Block 2913B which is penciled in for next month. Next is Shell on Block 2913A followed by Galp on PEL 82 and Maurel & Prom on PEL 44. I wonder who has cheap oil assets in Namibia? Hmm ...? :D

Knob clearly didn't read my comments.

GBP is moving up as Total's Nambia drill gets closer putting the gaze on our own woefully undervalued Namibian assets. Today's licence extension enables a potential farm out and green lights the re-rate into Namibia season. :D

Shio ga nen da. Aitsu baka.

CEO Asher 's 20.4% shareholding also means that he won't want a discounted placing. Just look at his behavior here in recent times, doing everything he can to avoid raising money and then only as little as possible. Even put his own cash in to avoid it. Let the 10% traders take their profits then this should soar. Fundamentals look great. Today's news was transformational. TRP has just been reborn. GLALTH

They don't need a placing. Plenty of warrant can be exercised to bring in any cash. TRP CEO Jeremy Asher has loads of those warrants and also owns 20.4% of the company, so it's unlikely he would exercise them in a way that would stymie the SP rise. With a mega holding like that, he'll want this to rocket. We are in a great place.

They don't need a placing. Plenty of warrant can be exercised to bring in any cash. TRP CEO Jeremy Asher has loads of those warrants and also owns 20.4% of the company, so it's unlikely he would exercise them in a way that would stymie the SP rise. With a mega holding like that, he'll want this to rocket. We are in a great place.

Anyone else adding? I'm averaging up. I see this moving to around 2.0-2.5p on Cameroon alone. Focus also about to come on our Namibia assets and our South Africa acreage looks great. Making sure I have enough.

:D