Tower Resources Share Discussion Threads

[glowing in the dark] 16/6/2021 22:04

Low point of the year. Can Asher breathe some life into this ? Probably not.

[jotoha2] 09/6/2021 21:57

Man this dude is one experienced bull shiiter , does he have a problem with trying to use his brain in making fairly easy decisions .

[encarter] 08/6/2021 11:09

He's burned his bridges and can't find a farm in partner or raise enough cash, thus far.

[searcher0] 07/6/2021 17:44

When Jeremy the can kicking Asher kicks the bucket. Until then enjoy a serving up of tumbleweed and dilution. Oil at $70 and the state of this Board, deary me.

[mn100mobile] 02/6/2021 12:54

Oil now at $71 per barrel and these guys still can't RNS a drilling schedule yet!!! ?

[lw425] 21/5/2021 18:56

I agree with Purple regarding ADV. TRP dreamers should take note. Funding ALREADY raised. Cap 23m. You can still buy at 2.4p early Monday I should think but the window is closing fast. Large late buys reported. The 20m capital raise in the reverse takeover was at 2.6p This is low risk appraisal given the past 8 well penetrations of the Elang reservoir with a high probability of encountering the undrilled crest. The projected peak of gross oil production is 40,000 bopd within 2023. Based on the RISC CPR 2C oil forecast and associated cost estimates his would mean free cash flow (FCF) of US$276 million in the first 12 months at an oil price $50, the majority of which would be net to Advance.

[mn100mobile] 21/5/2021 07:48

Probably go down on that news....

[johncasey] 21/5/2021 07:34

good tax news...should add a penny to the share price

[jotoha2] 19/5/2021 07:36

Now "due course " from this chap has meant many years in the past , lets see if he has changed after all.

[purple11] 19/5/2021 07:18

it'll never get financed... for a sure thing pick ADV drilling a 95%COS massive well in Sept/october fully funded will double by spud.gl

[southway2] 19/5/2021 07:15

The Company has now received formal confirmation from the Minister of Mines, Industry and Technological Development ("MINMIDT") of the details of the formal extension of the First Exploration Period of the PSC. As previously announced the Company declared Force Majeure in March 2020 in respect of the First Exploration Period of the PSC, in light of the restrictions required to combat the Covid-19 pandemic, and on 31 March 2021 the Company announced that the President of the Republic had also approved a formal extension of the First Exploration Period.The formal "arrête" from MINMIDT extends the First Exploration Period to 11 May 2022.This formal extension allows the Company to proceed with finalising a schedule for drilling and testing the NJOM-3 well.Jeremy Asher, Chairman and Chief Executive Officer, commented:"We are once again grateful to the Republic of Cameroon and to the Minister of Mines, Industry and Technological Development and his staff for their continued support of the Thali project, and also to the President of the Republic, the Secretary General of the Office of the Presidency, and the Prime Minister for taking a direct interest in our activity, as well as all the staff at the Societé Nationale de Hydrocarbures who have supported us during this First Exploration Period. We are looking forward to seeing the NJOM-3 well drilled as soon as possible, and we will have more news for investors about the schedule in due course."

[pembury] 07/5/2021 09:37

getting near to completion according to the ceo........................and about time!

[ohisay] 06/5/2021 16:03

High volume ..today ..for what ?!

[mr hangman] 29/4/2021 18:22

GBP looks interesting...

[jotoha2] 27/4/2021 09:29

I tell you the man is a genius , how he fails at every stage and yet is driving a Ford Mondeo , now that is some dude .

[holts] 25/4/2021 09:02

A new series of Minder is scheduled starring Jeremy Asher as Arfur along with hapless mug punter investors as Terry . Arfur reaches new heights as he fails ever to dig into his wallet preferring Terry to supply an endless supply of readies to continue his daily routine down the 'old bull and well' .

[judijudi] 24/4/2021 09:06

Snouts In The Trough gorging for years, rewarding them for nothing but abject failure and share price decimation Woeful imho

[sanilav] 23/4/2021 09:17

Hello Jeremy,hello.Is there anybody out there!!!!!!

[fredo1976] 21/4/2021 22:50

It looks like we will be able to buy below 0.3p in the next few trading sessions. A small punt maybe

[jimarilo] 16/4/2021 03:02

Recon have another two follow on wells, next spud by month end

[farnham] 09/4/2021 12:22

With this tiny mcap it feels like a sustainable rise is starting

[ohisay] 07/4/2021 03:02

Or Recon ...£280m market cap already with no oil .. https://masterinvestor.co.uk/equities/reconafrica-is-a-lottery-ticket-that-just-might-pay-off/?mc_cid=fcbaec08dd&mc_eid=effcb30f86