Share Name Share Symbol Market Type Share ISIN Share Description
Tower Resources LSE:TRP London Ordinary Share GB00BZ6D6J81 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.175p +22.58% 0.95p 0.90p 1.00p 0.95p 0.775p 0.775p 16,423,519 16:23:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -23.3 -48.6 - 3.56

Tower Resources Share Discussion Threads

Showing 49526 to 49547 of 49550 messages
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DateSubjectAuthorDiscuss
16/1/2018
17:32
1m already spent, you havin a laugh or what? They haven’t even stated yet.
casano
16/1/2018
17:07
My point is, only have £1m in cash (that's already spent) there MUST be a placing somewhere down the line, & you know what happens when dicounted placings come
mr hangman
16/1/2018
16:57
And your point is? You can't keep away can you hangman lol.
soulsauce
16/1/2018
16:50
Not the first time the BOD have taken payments in shares, roll on the next placing,
mr hangman
16/1/2018
16:47
Two million of which is in cash. BoD taking payment in warrants at 1p. Big upside to come from reprocessing 3d and cpr for Cameroon.
soulsauce
16/1/2018
16:43
£3.5m Mkt cap. Some upside to come
imjustdandy
16/1/2018
16:35
News this week. Oil now through $70. Could be a very interesting punt down here
imjustdandy
16/1/2018
16:29
Nice finish ;-)
soulsauce
16/1/2018
16:25
Topped up at 85 to justify my bolox
maccamcd
16/1/2018
16:23
Stakes being taken? TomboyB -
tomboyb
16/1/2018
13:38
Well no one is asking you to invest Mr hangman but thanks for your advice :-/
soulsauce
16/1/2018
13:18
Talk about Lambs to the Slaughter...
mr hangman
16/1/2018
13:17
Glad i sold these for 7.10p old money Zambia: blocks 40 & 41: Petroleum system ingredients determined from field samples The truth is..TRP hope to drill early 2017, but still looking for a Farm in Partner South Africa: Block is next super-major Total’s block. Total drilling massive prospect The Truth, Total are not drilling anytime soon, & has probley not even got a permit (take's years in S Africa) Namibia (GLOWING IN THE DARK) This is such a hot prospect, it's not even mentioned on TRP operations website page Cameroon Going forward is there even enough oil (in shallow oil)to pay the directors salaries Best not go there, with the directors & all the fund issues (always at a lower price,then the last)
mr hangman
16/1/2018
13:16
Understand that bayeta but if that Namibia well had come in the guys would be heroes. The past is the past, they have saved the company and it is a different beast now. The way to play these companies is to not be over extended when drill bit hits the pay dirt. You only need to look at RBD mkt cap and the assets it has to see how undervalued this is. When the 3d and cpr are complete this will be valued at many times today's value. Yes they will need more funds but should not be a problem and not for some time. One would hope it will be 3rd time lucky.
soulsauce
16/1/2018
13:10
I had some of those bayetya... doesn't mean I don't want to own them if it ever looked like a good punt (oil price rally/licences/still alive/interest) one must live in HOPE!
maccamcd
16/1/2018
12:57
The reason this is cheap is due to them doing a 1000-1 consolidation in early 2016, thereby decimating any shareholder value. I am sure I am not the only one who had their investment reduced to pennies.
bayetya
16/1/2018
12:29
Excellent post macc
soulsauce
16/1/2018
12:25
reasons why this is cheap, and maybe the tiny tickup.. Market cap £2.87m. Approx £1m in cash so all assets in for £1.87m Peel hunt (broker/market maker) seeing demand recently. See the latest RNS of them reducing exposure = somebody buying stock from them Cameroon: Discovered oil on shallow-water, cheap to drill block where 20mmbbl will easily be commercial at current oil price. Vintage 3D seismic being re-processed to highlight where to drill – guess a CPR might follow after that Targeting drilling Q3-Q4 2018 Zambia: blocks 40 & 41: Petroleum system ingredients determined from field samples South Africa: Block is next super-major Total’s block. Total drilling massive prospect Namibia: Applications into ministry. Namibia coming back to life after ONGC and other farm-ins with Tullow, ECO, etc. CPR published yesterday by Global Petroleum plc. It's not a lifestyle company.. nobody rinsing the coffers. More about ego/pride and not letting his mates/shareholders down I believe having met him and investing in the last round..
maccamcd
16/1/2018
09:49
no pump and dump as far as i know.. company has enough cash for immediate plans.
maccamcd
16/1/2018
09:14
i can see a pump n dump coming lol
mr hangman
16/1/2018
09:13
May be not but it will do at some stage. With such a small mkt cap, much of it in cash, the 3D reprocessing and following CPR will add quite a bit of value. And BoD taking wages in shares at 1p. Yes it has a chequered past but they are not chasing wild cats now.
soulsauce
16/1/2018
09:09
Thee most left behind.. Tiny mkt cap stock on AIM!has it just woke up?
maccamcd
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