Member Info for Rktech

Fair enough. Newport lost yesterday, it's usually feast or famine with them. And my team are propping up the championship. They also have a habit of always managing to snatch defeat from the Jaws of Victory.

Kever: Got a question for you. I follow the Welsh clubs , Newport Wrexham etc and you said you were going to the game yesterday.

Wrexham were already top but they got a good win ( 3-0 ) and stayed there. They were playing at home and you have a business in North Yorkshire......errr...Not telling more porkies again are you ????

International break this weekend for my team. Wanna talk about football ?? I used to play at a lowly level many years ago. Your team Wrexham then?? They've done really well since their return to the EFL.

I thought you were some kind of small sweat shop business owner who was used to being obeyed but maybe you just run a seedy B&B in Rhyl.

Just an example of a real life case which some folks may be familiar with:

In 2020 COPL had a license to drill OPL226 along with their JV partners in Nigeria. They finally sorted out the arrangements between the JV partners on funding and were all ready to go. There was two months left on the license and they would not have completed the drill in time and had to apply for an extension which was supposed to be a formality.......It was never granted and the rest is history.

I think the Cameroon authorities have been amazingly good about the licensing so far but unless it is legally contracted and terms set out there is no such assumption that "started so I'll finish" in the real world. If you were risking millions on a project you would want formal assurances before you started.

Just a real example for everyone and not fantasy, delusion or lies.

Saying "it's common knowledge" and "Invictus 2021" does not make you an I dustry expert Kever......It makes you a sad deluded loser and I think it is you who is now panicking about the doubtless massive losses you are nursing.

I've made my investment case before but I have lost and profited in the past in that order (Uganda and Namibia hype ). I lost out a few years ago but cut that quickly and just left a small chunk which is now worthless. Bought a small amount recently because of the licence extension and cashed out on the recent pump with a small loss......Never run your losses on AIM Kever, but you know that now.

Finally, the link is to a collection of Envoi's ex clients and failures if you were to research them, and putting "Undisclosed" after every project is a bit of a giveaway.

Kever ....You really don't have a clue. Your answer to where is this stated is " it's common knowledge".......That's the extent of your research capability??...Pathetic.

And a successful project from Envoi with all the details.....Your answer...."Invictus 2021".....well that was illuminating because I can't find any mention of them in Envoi's current or completed projects. For those interested, here is the completed projects of Envoi.

https://envoi.co.uk/projects/project-history/

Everyone might like to note that this is a list of companies on their books who are no longer on their books, for whatever reason. Also note the word UNDISCLOSED after every single one......or a list of failures. Just for interest there is one that I know of and that is Bowleven 2017 who did sign a farm out with VOG but it never materialised into anything and is currently not an active project for them.......A bit like Beluga and OilLR.

"if you bother do do some research and bother to ask ja the question he will tell you that drilling only has to commence before the licence expires."

Where is this stated ???? and why should I need to ask Asher if it is. You really don't have a clue do you ?

"ja has been talking directly to jv partner along with envoi. many comanies use third aprty consultnats to advise and help. envoi have advised on many successful deals."

Name one....just one with all the details. Go on....I dare you.......I double dare you !

Whay's up Kev?........Admin getting sick of your requests to remove posts ?

"TRP only have to start drilling by FEB 2025. They don't have to complete drilling operations by this date."

Did Jeremy tell you this in one of your cosy chats or are you just making it up ?? If that is true then the terms of the licence should be made crystal clear to shareholders, because right now the demarcation and possible renewal terms of the current licensing agreement are probably the most critical elements in this companies survival.

"JA has been involved in all asset finance talks along with Mike at Envoi so you are wrong."

Wrong about what ??............Envoi are deal finders and they found OilLR and Beluga......What a success they were......Pathetic. Asher is supposed to be an Oil CEO and should be able to find his own JV partners and not even consider the kind of no hopers that Envoi dredge up. Can you give an example of a single deal that Envoi have closed in the E&P sector????

"if you hold TRP and think the company is dommed then for gods sake sell up and move on instead of wasting your time posting drivel on here every day."

Dommed eh....? One of your posts would not be complete without telling anyone who questions how dysfunctional and ineffective this company is to sell up and f..k off. You should just use it like a signature to sign off with !!

@ZYX098: Thanks for that info. It makes sense that the H2 leaks from threaded joints and not damaged pipes.

I'm wondering whether there would be H2 leakage from domestic compression joints in gas pipework which are everywhere.

@Taverham: The domestic network has and still is being upgraded to MDPE pipework to replace the cast iron. I asked a few of the cadent engineers why because the pipes actually going into the house were in perfect condition.

They told me on two occasions that it was because they had been testing parts of the infrastructure with Hydrogen and the leakage rate was unacceptable. I found it impossible to believe that H2 could in any way leak through a solid cast iron pipe and so I can only assume that much of the mains network must be damaged and leaking CH4 but the leakage is unacceptable when used with H2.

In any event it would seen that the domestic network is being set up for Hydrogen or at least a high percentage H2 content.

This is only my opinion but I see things going this way:

The Thali project is in my opinion the best chance the company has ever had to getting a success. That is based on the fact that it is at least a discovery that needs to have commerciality proved. TRP have never discovered oil.......NO .....not even one drop. Asher was questioned in interviews and podcasts going back five years about how he was going to fund the drilling and he was always dismissive in saying that there were other ways to fund the project other than via equity but to date nothing has materialised, Plenty of talk and false dawns but you only have to look at the two so called JV Partners that were supposed to be a done deal but then vanished back into their boiler rooms. Then consider that Asher has been relying on Envoi to be their " deal finder". A CEO of an oil company should be out there talking directly to potential JV's and putting forward a strong case for why they should be investing and not trusting to an outfit that as far as I can see has NEVER succeeded in closing a deal.

If you were a potential JV investor then aside from your own due diligence you would need reassurance that if the drill was to overrun the licence then an extension would be granted. Given that the licence expires next February then every day that passes takes us closer to not even having the right to continue.

If the drill were to be announced today it would take at least a month to get the logistics organised and I think that it is already too late to conclude a drilling program to a successful outcome within the available timeframe of the current licensing agreement.

The cash position must be getting close to zero right now and so a further round of equity dilution is inevitable, just to keep the lights on. At the current SP a consolidation is also highly likely and this will effectively wipe out those nursing losses of over 75% and seriously dilute everyone.

I expect some more false dawns to occur and of course this is when it gives the opportunity to forward sell placings, so be very wary of this.

I expect the licence to expire, and then after a further SP drop, the lottery will continue as to whether Asher can secure a further extension into 2025-26.

I expect nothing to materialise in terms of Namibia in the short term and SA is a basket case.

All this is just my opinion but PLEASE DYOR AND MAKE YOUR OWN JUDGEMENTS.

I sincerely wish everyone.........Best of Luck.

James:

What Kever is saying to you and others like yourself is:

" Thanks for your support in the past but unfortunately you did not buy a winning ticket in the ongoing TRP Lottery. The companies history is a litany of failure but there have been opportunities to make a decent profit as evidenced by the recent pump and dump........timing is everything. Please accept your 90%+ losses and just suck it up and F--k Off. You're ruining my efforts to attract new mugs into throwing their money away into the next round of dilution and consolidation that will ensure the welfare and lifestyle of others ..........it's only for your own wellbeing. "

Correct Ninetails.......but there is always the possibility, especially with a few more worthless letters of support and Mad Edd in charge of the billions £££££.

So long as the hype is there then it translates to value in the mad world of AIM dogs.

H2 is definitely in the mix, The domestic infrastructure has and still is being upgraded to take H2 instead of CH4. H2 is a very small molecule and would have leaked from a lot of the old pipework. Additionally the transmission pressure needs to be much higher because the energy density of H2 is a lot less than CH4. Hydrogen burning boilers are a far far better option than an Air source heat pump..........free advice..........do not EVER buy an air source heat pump......water or ground source maybe if the price came right down but if they ban CH4 then H2 is the next best thing.

Hydrogen burns with oxygen to form water vapour.......which ironically is also a greenhouse gas but it's always CO2 that gets the bad press.

This stock may still have another chance for short term profit if you get the timing right with the hype of the possibility of Government money.

If your talking to me your emminence then I've not been " Abusive" to anyone unless you count Kever and that's only a bit of amusement.

There's a few other words like "Placing" that the Fat controller and his stooges don't like and portably find abusive.

If your setting yourself up as the enforcer then here's a few tips.

https://www.youtube.com/watch?v=iqgaX_skm8w

Now run along and stop playing with yer crook !

The economics of using electricity to produce H2 for fuel is even more insane than the windmills and solar panels but you can be sure mad Edd will be doing it.

Amazing when there's trillions of cubic feet of CH4 locked up in shale but you can be sure he will do it.

Did you see Mad Edd Billions Yesterday ????

Tice asks him a really sensible question about the economics of this insane Green Agenda .......with facts and figures so that you could work out the result with the mathematics of a five year old and Old Mad Edd goes off on one and says that covering the sea and land with windmills and solar panels will give pensioners cheaper energy. Yet they are not allowed to call him a liar ( which he clearly is ) and he's going to ram this green $h+1t to everyone.

All the serious players must be thinking they've got a real basket case in Mad Edd who has access to the British Treasury and are going to be queuing up to take it from him.

Even mad Edd can't be that much of a loony to give any to Scamderson....or could he......makes you wonder...!!

Well somebody is watching this board like a Hawk. That's six times They've deleted a post from me. I can keep re posting them all day but can't be bothered.

Here's a rehash of the main points.

Evel does have the reputation of a self serving hard nosed growler but why the beans .......enduring image though LOL

Charlie H:

" Kever sounds like the IT guy in Jeremy's office he makes the tea as well and maynot have a british passport... "

Evel and the Fat Controller..........Life @ TRP

https://www.youtube.com/watch?v=_DtR3Oyq5a8

CH:

" Kever sounds like the IT guy in Jeremy's office he makes the tea as well and maynot have a british passport... "

This is him.....no really it is !........Life imitates art.........or some $h _1t like that !

https://www.youtube.com/watch?v=2Z8pgV74_Hw

See how long before this gets $h_1tcanned by the thought police !

If you go back four years or so the only thing that has changed about TRP is that the SP has lost 95% of it's value, the market cap has decreased and there are many billions more shares. It is priced to fail.

The assets are the same and the company mantra about just over the next hill and we will be into the sunny uplands is also the same but unfortunately NOTHING has actually been achieved.

The lame story about being in talks with potential JV partners for Cameroon is getting so stale it's gone rancid and so attempts to big up Namibia and SA with the latter being in the no hoper class are also being tried out to persuade more mugs to throw their hard earned into this lifestyle dog. By all means throw your money in to Jezza's benefit fund and watch it halve at the next placing which is imminent...........The well known phrase "Best of Luck" is appropriate.....You will need it.

Steady as she sinks !!!!

There's going to be a placing very soon and if Asher had anything positive to say he'd be saying it right now to ramp the price up before issuing more confetti.

Of course there's always a chance something might come out of left field and then an instant ten bagger but that is a punt and with the Fat controller running the show.......highly unlikely.

You pays yer money and very much take your chance if you think risk/reward makes this a worthwhile punt but remember that's what it is.