HH you know precisely Jack all, please enlighten us why the share price is languishing at near all time lows, not forgetting a minor 26 BILLION SHARES IN ISSUE FFS 🤦🏻‍♀️ 🤡
Where’s the rig, more fibs 🤡🤥 |
Not long before the begging bowl comes out again ⬇️8201;🕳ᥧ9;🤦🏻♀ᥧ9;🤷🏿♀ᥧ9; |
A Trickle.. |
Strong buys coming in |
HUGE NEWS MORE CASH coming our way either 5% upto 25% from the cameroon government
«Upon Contractor’s submission of a development plan for an Exploitation Authorisation, the State shall notify Contractor within 60 days whether it is exercising its right to a paying participation in the development of a minimum of 5% and maximum of 25% share. The State will contribute its
participating share of all future costs excluding bonuses and training fees.»
Page 6 |
HUGE NEWS MORE CASH coming our way either 5% upto 25% from the cameroon government
«Upon Contractor’s submission of a development plan for an Exploitation Authorisation, the State shall notify Contractor within 60 days whether it is exercising its right to a paying participation in the development of a minimum of 5% and maximum of 25% share. The State will contribute its
participating share of all future costs excluding bonuses and training fees.»
Page 6 |
Mkt cap £8.65m
Current valuation
Cameroon
$15m / 42.5 x 100 x 57.5 net x fx 0.8 =
£16.2m
Namibia
$2.5m / 25 x 100 x (80-25=55%net) x Fx 0.8 =
£4.4m
Total £20.6m
Cash $4,375,000 x fx 0.8
£3.5m
Grand total £24.1m
Without anything for SA farm out , could be $5-10m net to TRP
or any oil across the multi billion bbl potential
Purely based on just the deal values net
So approvals re rate the shares to £24m mkt cap as then will then need to sort looking at some upside to the share price for the appraisal drill
Company internal NPV per bbl is $12per bbl , if we use a conservative $6per bbl
35mmbbls x 57.5 x $6 per bbl
$120.75m x fx 0.8
£96.60m mkt cap vs £8.65m today |
Did Any Of Southways Rigs Turn Up.. Total Lies.. |
Did any of ny/tanboy predictions of doom come true today ? Worthless opinion as ever from ny/tanboy |
another toy share for retail punters to gamble on, like gbp |
Lots of buying... |
Asia would make sense in all fairness. Can't get a bird so you've resorted to lady boys. |
Yes he's had a sad weekend |
Talk about taking the bait! Right on the hook, what a moron. |
southway, is a serial ramper connected with others trying desperately to seduce mug punters into another duster. They are already seriously under water and need buyers, big buyers to dig them out of a black hole. The markets are turning against them now, Global Trade wars have erupted, markets will tank, weak, bloated minnows will become worthless |
For all of you that doesn't have ny/tanboy on filter Welcome to another week of lies and worthless opinion as |
meanwhile, tin hats to the ready…🆘;📉💣
Global trade wars erupting, serious risk of stock market collapse, already seriously over valued. |
Thank you Tanboy |
Last one… |
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