Tower Resources Share Discussion Threads

[farnham] 22/1/2021 15:50

Not surprising I'm holding there for this months updates hopefully

[jimarilo] 22/1/2021 15:28

I think you will now find Panmure have 2p as the target price for GBP, since the dilution and lose of licence

[farnham] 22/1/2021 15:11

Seem to remember last year there was an analysis giving 150p target for gbp . I guess that was before license loss.I'm weighted 80/20 in Trp favour for now

[jimarilo] 22/1/2021 14:57

Slide 9, shows the Alpha and Gamma prospects have a potential of 1Billion barrels each Is it any surprise a super major has expressed an interest ? https://www.towerresources.co.uk/wp-content/uploads/2020/10/Tower-Resources-Cameroon-Namibia-for-AULGS-October-2020_.pdf Recon are currently drilling ahead onshore Namibia, with offshore drilling expected soon with the Total and the Venus well, Shell with two wells and Exxon/Galp due to drill in the Walvis basin The interest in TRP can only increase from here

[jimarilo] 22/1/2021 14:43

Not only that, GBP LOST their flagship licence PEL29, adjacent to TRP licence in early December, which had a potential 3.66 bln barrels GBP have just one small block left, were as TRP are one of the largest net acreage holders in the Walvis Basin Namibia, in addition to Cameroon and S/A

[pembury] 22/1/2021 14:07

how is it that gbp have multi bagged while trp is down here? gbp primary lead runs into trp block in namibia and trp have sa and cameroon also!

[jimarilo] 22/1/2021 13:49

Was just a matter of time.....news expected on three fronts. TRP don't have all their eggs in one basket and all their eggs are in hot spot locations

[jotoha2] 21/1/2021 15:33

At this rate its going to be buy one get one free soon ,what a mess has been created here.

[jamins] 21/1/2021 07:34

Especially as there is news expected this month regarding the outcome of New Age reprocessing the SA data.....

[jotoha2] 20/1/2021 15:58

Most astute CEO's would of released major positive news prior to getting out the begging bowl , poor old JA has little to offer the money boys hence the manipulations of these shares . Resign and bring in an experienced deal maker.

[chinahere] 20/1/2021 15:32

There are 384 million new shares from the placing today so it will take some trades to shift them.

[sanilav] 20/1/2021 15:23

Strange goings on with this 12 million,is it a buy,is it a sell,or is ot 3 seperate deals,most peculiar.Or is it so simple iam missing something.

[jotoha2] 20/1/2021 13:08

If it's a buy why drop the price straight after , dodgy stuff going on here.

[fillipe] 20/1/2021 11:13

12.3 m shares - a big buy at 1100 hrs today. f

[jotoha2] 18/1/2021 15:34

hangman , being a junior investor is probably the answer here , by the time something happen you will be a senior investor or 6 foot under , beam me up scotty , something starting to glow 6 light years away. Ja don't despair your monthly cheque is on it's way.

[jotoha2] 18/1/2021 15:28

JA certainly has a record of failure , just keep giving him the cash , he will come good one day , but only in his dreams , 6 years and counting to first drill .

[pembury] 18/1/2021 14:17

last summer apparently!

[dodge_city] 18/1/2021 13:15

When do they start drilling.

[mr hangman] 18/1/2021 13:13

I totally agree with China, the problem twe have on this thread, is to many junior investors, with no idea, on how difficult it is, to put a oil deal togeather.

[judijudi] 18/1/2021 13:01

He’s got the fire for more confetti like dilution That’s about it imho

[chinahere] 17/1/2021 17:47

I don't think that is fair at all. We have been through 6 years of ridiculously low oil prices with hardly any development investment. If the oil sector turns around then JA has the fire to get things done IMHO.

[jotoha2] 17/1/2021 17:30

Great pity that JA has turned out to be such a snail , lots of hype and very little action from him in the last 4 years , handover the executive power to someone who has fire in his belly , and not someone who falls asleep in his armchair.

[jimarilo] 14/1/2021 14:03

I like the odds, good prospects, one a discovery with 8k barrels per day potential Walvis Basin Namibia and S/A are sought after post codes next door to majors Updates due anytime