Member Info for Rktech

Asher may not be any good as a manager but more importantly he is not an oil man. He doesn't know the movers and shakers who could work with him to get the project moving or it would have happened years ago.

failure and incompetence has been the name of the game here and the end result is they've discovered **** all !

ironically of all the half baked, badly thought out **** ups that trp have undertaken, the thali project has, imo , the best chance of being a success on many levels. the question remains as to why asher can't get a jv and finance ?? something has to change radically or this will drift into extinction. very soon.

kever is asher's poodle and does whatever the fat w@nchor tells him.

he can't even remember the crap he's just posted and has been made to look a complete **** multiple times. when all else fails he says " i suggest you sell uo " ......which makes him about as popular as a f@rt in a spacesuit.

this is a total punt on asher getting finance. the thali asset could be transformational but so far asher has shown himself to be a liar in encouraging investment on the promise of jam tomorrow for the last five years. with the sp on the floor he is either going to have to deliver something or it's the end of the line.........last chance saloon.

i expect this post will get removed now.....we'll see !

So it's all somebody else's fault again Kever.....is that the best you can do or did mummy help you with that one ?

I don't need advice from a sanctimonious ponce like you.

Steady as she sinks !

Full time job for you here then Kever.

If you were only another concerned investor you might just be annoyed that the last two RNS's were issue of equity and issue of warrants when the SP is on the floor. What we want to hear is finance secured and rig mobilisation.

Your mindless happy clapping and jam tomorrow doesn't cut it.

So it's $6millon dollars of pipework. ?......crap !! Publish a real list and not just some Bu_ll$h_1t about it's only pipes and we own the yard and it's locked up.

Even Asher has said in one or more of his presentations and in an RNS that there are costs involved with storage and maintenance. This equipment has been in storage for over three years now.

My agenda is pointing out that if there is no finance and Thali does not get drilled then he can issue all the warrants he likes but you can be sure he will issue more shares to fund the overheads.

What's your agenda then Kever ? Do you get paid to be a cheerleader or are you just so deep underwater you're getting desperate ?

Don't be naïve Kever. Call Asher and he can tell you how much it costs for storage alone. Things that get neglected degrade or didn't you know ??

" If Cameroon was mothballed TRP has $6 million of paid for drilling equipment that has resale value in Douala."

That equipment needs to be kept on care and maintenance which costs money and if Cameroon was mothballed it might as well be game over. It was not for no reason that Asher was saying five years ago that Thali was the focus of the company and with good reason. All this trying to deflect the attention to Namibia which is a wildcat and needs a JV with a major or to SA with a few added paragraphs on a website will not change the fact that the future of this company is dependent on drilling Thali.

It is said that a gold mine is a hole in the ground with a liar at the top and the same could be said about oil wells or any hydrocarbon prospect.

We already know Thali is a discovery and the geology is very straightforward. Anticlines and stratigraphic traps, we don't need telling. In any case the full dataset would in be available to any JV partner who would do their own analysis or due diligence.

In the scheme of things, issuing warrants that may end up worthless is nothing really but this has been going on for years now. More important would be knowing how much the company is paying SP Angel who are a pointless oxymoron as far as TRP is concerned. Reduce the overhead and get a deal done or it's game over.

Just more warrants for JA and two NED's. Look at the aggregate total of outstanding warrants ( albeit at progressively higher prices ) outstanding.

OK.....Asher is the CEO but can anyone tell me what do Paula Brancato and Mark Enfield actually contribute to TRP. Neither has any O&G experience in the E&P sector and they just pick up these warrants every three months for nothing. Not bad having a free bet on a company that if Thali funding were to materialise would ten bag.

And ENVOI are the jokers who are supposed to find funding opportunities for their clients. A one man band outfit that found Beluga and those Aussie chancers......what a success that was.

Jezza needs to dump the deadweight feeeloaders and get people who can really make deals in the oil business as he is clueless.

IF......... only it was that easy.

I'm glad someone else thought JA sounded desperate in that last presentation.

There's no doubt he wants the company to succeed and he has historically put more of his own money into it than most other AIM/small cap CEO's, many of whom blatantly exploit PI's and use worthless shells as lifestyle vehicles.

In simple terms the company needs a total of $15m to progress Thali which would, if the drill was successful open the doors to further exploration which on the face of it looks promising.

If the money was there then a ten bag from here would be achieved and the market cap would then exceed the investment twice over.

If JA reads this board then the simple message is get a deal done and don't be greedy........something is better than NOTHING !!

The simple fact is that if funding is not secured in the next three months then the begging bowl will be out again and there will be a lot more confetti.

JA has been lucky so far with the license but another extension if there is no progress is unlikely. Could be game over before that.

As for selling up up it's not worth it now so let it run.

Same old story we've all heard before. The anticline structure of the Njonji discovery has a lot of potential and the geology of the surrounding area is also a good prospect.

Kever.......where is the TRP office these days ......the garden shed or a boiler room with an answering machine.......Just let us all know.

Exactly Kever. ........You were telling people to call JA ( which is a bit stupid anyway ) and then putting a number up on here as though it would give a direct connection but it goes nowhere.

You are full of sh-ite kever with your sanctimonious cr-ap you keep posting.

Your credibility is less than zero !!

Kever: You were telling folks to contact JA and posted his phone number on here a while ago.

Put his mobile up again and then we can all do what you suggest.

Thanks Pauly, but in all fairness he does post factual information if you want to just look at the upside,

And for balance the downside is the fact that JA has not manged to secure the finance to unlock the potential of Thali.

Thanks Golden, So Professional ramping can work for small short term gains. I guess normal service will now be resumed after the hype generated by that rampathon.

Dicko80 : Are you the mystery investor who took part in the recent placing ????

A few years ago there was a poster like kever who was a happy clapping cheerleader posting about Namibia and SA to gee up the punters into investing. Don't remember his username now. Of course the SP was about twenty times it's current value. So having 95% of your investment destroyed would seem to me to be " Destruction of shareholder value "........or am I missing something ?