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TRP Tower Resources Plc

0.0195
-0.001 (-4.88%)
Last Updated: 09:12:14
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tower Resources Plc LSE:TRP London Ordinary Share GB00BZ6D6J81 ORD GBP0.00001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.001 -4.88% 0.0195 0.019 0.02 0.0205 0.0195 0.02 184,444,897 09:12:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -1.01M -0.0001 -2.00 1.69M
Tower Resources Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker TRP. The last closing price for Tower Resources was 0.02p. Over the last year, Tower Resources shares have traded in a share price range of 0.0165p to 0.17p.

Tower Resources currently has 8,443,981,022 shares in issue. The market capitalisation of Tower Resources is £1.69 million. Tower Resources has a price to earnings ratio (PE ratio) of -2.00.

Tower Resources Share Discussion Threads

Showing 43401 to 43421 of 43425 messages
Chat Pages: 1737  1736  1735  1734  1733  1732  1731  1730  1729  1728  1727  1726  Older
DateSubjectAuthorDiscuss
19/3/2024
09:18
Have you ever heard of traders.. there is a out there! Hope this helps. FML
bullrun1
19/3/2024
09:16
It’s only best on the market if you were one of the mugs that got seduced in by the rampers last year and trapped in at huge losses. Dark clouds gathering in Africa

Can’t see this one surviving without more dilution and a ton more confetti.

Punters getting out before Administration. Imo

ny boy
19/3/2024
09:10
If it's the best on the market why is everybody and his dog selling
reba
18/3/2024
08:53
55 m+ buy just gone in
neilyb675
18/3/2024
08:52
Leaky leaky big buys today
riskyinvestor
17/3/2024
16:33
In light of potential financing concerns, here's a recap of the previously secured financing terms by Tower Resources, which unfortunately did not materialize due to various issues such as rig availability and the COVID-19 pandemic:

In March 2020 when the oil price was c$49 per barrel, the financing secured for a portion of the overall cost was;

"The farm-out covers US$7.5 million towards the cost of the NJOM-3 well that Tower is planning to drill on the Thali block. OilLR will receive a 24.5% working interest in the PSC, subject to an overriding royalty of 10% for Tower on the contractor share of production under the PSC. The well cost is currently expected to be approximately US$15-16 million, of which approximately US$3 million has already been spent. Each party will recover back costs actually funded and recoverable under the PSC, pari passu. Tower will effectively contribute its non-recoverable costs in consideration of the 10% overriding royalty on the contractor share of production referred to above. Costs in excess of $15 million, and future costs, will be funded pro-rata with respect to working interests."

In Aug 2021 when the oil price was c$73 per barrel Tower reported;

"Tower Resources is pleased to announce that it has executed a binding Heads of Agreement in respect of a farm-out to Beluga Energy Limited ("Beluga") of a 49% non-operating working interest in its Thali Production Sharing Contract ("PSC") in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon S.A ("TRCSA"). The key economic elements of the transaction set out in the HoA are: The farm-out covers US$15 million towards the cost of the NJOM-3 well that Tower is planning to drill on the Thali block; Beluga will receive a 49% working interest in the PSC, subject to an overriding royalty of 10% for Tower's subsidiary TRCSA on the contractor share of production accruing to Beluga under the PSC. The well cost is currently expected to be approximately US$16.8 million, of which approximately US$3 million has already been spent;"

Both were great deals that would have pro rata covered the entire cost of the well at times when the oil price was far lower than today. Today a barrel of oil stands at $85. If Tower could get $15M for 49% of Thali when the oil price was $73, can they get those terms or better when the oil price is $85 - I think so!

bionictroller
17/3/2024
11:04
What is the best performing Oil Stock on the Aim Market this year so far


End of the year it will be Tower Resources

riskyinvestor
17/3/2024
09:38
No post from the other boy a few mins later . Trying to be clever now.
southway2
17/3/2024
08:56
Nice, not long now by the looks of it!! All ducks nearly lined up.. ready for a large re-rate. Thanks for sharing. GLA
bullrun1
17/3/2024
07:35
JA has confirmed, "Tower are in discussion`s with Multiple parties, details will be released when concrete decisions reached"

Should see plenty of price action now.

steveberyl
16/3/2024
16:13
Confetti time…again 9395;
ny boy
16/3/2024
14:17
Last time I checked Blighty is a democracy, markets are made of bulls & bears, surely you no that, Why are you so concerned what bears say, there are many who dont believe this miner will ever deliver anything apart from more dilution and confetti.

Sorry to upset your cosy ramping cartel, what’s the matter… only like hearing nice things about trp and everyone else is a troll..have you run out of mugs to seduce🤦995;‍♀️🤔€169;🤡㈇5;

ny boy
16/3/2024
12:38
both saddo's obsessed with TRP

They watch this thread like hawks and comment every single day

Mentally ill

bionictroller
16/3/2024
10:20
The 2 boys post within minutes again .TransparentThe same poster same agenda
southway2
16/3/2024
09:32
Lost His Way, And His Shares Are Going South. Lol
tanboy1950
16/3/2024
09:11
Southway, you certainly have lost your way🙄
ny boy
15/3/2024
17:40
wonder if the 2 ?boys? are in fact the same poster agreeing with themselves.ConfirmedOh look they're conveniently posting with uncanny unison.....as always.
southway2
15/3/2024
17:29
1 Trp Share Is Now Worth 75th Of One Penny. NEW Record Downwards.. Dont Forget Rampers Keep Averaging Down, Until Asher Legs It With His Pegasus 2 Mill Stash.. lol
tanboy1950
15/3/2024
17:03
US markets starting the 1st stages of a large correction imo

Buffett knows..$150 Billion in case as he can’t find stocks on decent valuations, he knows the markets are completely overvalued

This one is just for reckless gamblers believing white man will win in Africa but history shows a damn lot of failures. VAST another complete basket case, where rampers have helped many lose 99% to date.🤦ӿ95;‍♀5039;🚨

ny boy
15/3/2024
15:57
wonder if the 2 ?boys? are in fact the same poster agreeing with themselves.Confirmed
southway2
15/3/2024
15:56
Great input
dicko80
Chat Pages: 1737  1736  1735  1734  1733  1732  1731  1730  1729  1728  1727  1726  Older

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