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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 | -5.13% | 0.0185 | 0.018 | 0.019 | 0.0195 | 0.0185 | 0.02 | 381,826,086 | 11:32:54 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -1.01M | -0.0001 | -2.00 | 1.69M |
Date | Subject | Author | Discuss |
---|---|---|---|
08/2/2019 12:48 | While you're here take a look at BRD. It should multibag if all goes to plan. | encarter | |
08/2/2019 12:46 | Nope. Could be about to win Cruffs. | encarter | |
08/2/2019 12:42 | Haha same old merchants crop up here !! this old dog with fleas does not die .. GLA | pal44 | |
08/2/2019 12:36 | It has to be worth a punt now. | trulyscrumptious | |
08/2/2019 12:25 | Stupid not to be involved, even if just in a small way. Did someone mention £5m mc?! Nearly £6m having checked. Bought a few today...get lucky one day? | rayrac | |
08/2/2019 10:07 | These were trading at +20p a few years back and even much much higher looking at several years ago...its great news imo and paves the way for a farm out in this lucrative basin. | pre | |
08/2/2019 10:03 | I have been following this since Brulpadda was re-entered. Great result for total, their partners and SA. A new province is born. This is the best time to invest in a newly opened frontier - but I am reluctant. Why? My main issues with TRP, is their management track record (failure) but also (perhaps just as important) the fact Algoa-Ghamtoos license only has two small areas (relatively speaking) exposed to the Outeniqua basin. Most of that basin has been snapped up by Total, Exxon and others. In fact, of the 3 basins on their A-G license, Outeniqua has the least exposure. Consider they have only mapped 334mln of prospective resource potential in this new play. They will need to farmdown from their 50% aswell. What will that leave them with? Its very rough seas and expensive wells - $40-50mln a pop. I think there is upside if they can workup further potential in this trend, but I'll await their next move - with this management, even a crucial lifeline can be fritted away. Cash | cashandcard | |
08/2/2019 09:39 | Still need lots of funding for Cameroon well. See how that plays out first. | soulsauce | |
08/2/2019 09:37 | Defo read across to ECO in terms of market mechanics, discoveries next door on ECO licences just look at shareprice/mcap. | ileeman | |
08/2/2019 09:35 | If they are serious a first step would be a 100 to 1 consolidation. If not then this is a mere breadcrumb to be swallowed as they run out of cash in a few months time. | davidblack | |
08/2/2019 09:33 | This has the potential to play out like ECO in Guyana, sitting back and letting Exxon do all the exploration, but adding value to the ECO sp Total are coming back with at least 4 more wells | jimarilo | |
08/2/2019 09:31 | What do you reckon hangman? | trulyscrumptious | |
08/2/2019 09:29 | It’s not completely derisked but it’s a damn sight more attractive on that news. Maybe some stale bulls from the placing to get through but at this mkt cap it’s pretty compelling. | bumpa33 | |
08/2/2019 09:27 | Tower Resources plc (TRP.L, TRP LN), the AIM listed oil and gas company with its focus on Africa, notes the announcement dated 7 February 2019 from Total S.A. ("Total") regarding the results of the Brulpadda well, which has reported a significant gas condensate discovery in Block 11B/12B (Total 45% (Operator), Qatar Petroleum 25%, CNR International 20% and Main Street, South African consortium 10%) located in the Outeniqua basin, offshore South Africa.The well was drilled to a total depth of 3,633 metres and encountered 57 metres of net pay in Lower Cretaceous reservoirs, and with this discovery opens a new world class gas and oil play. Total have stated that they believe the new discovery could hold between 500 million to over one billion barrels of oil equivalent and they now intend to drill several further exploration wells on Block 11B/12B to test additional prospects. | davidpines | |
08/2/2019 09:14 | RNS - SOLD BY SCHEME OF ARRANGEMENTðBefor | gkp_banggone | |
08/2/2019 09:05 | Cnt believe this has gone largely unnoticed | davidpines | |
08/2/2019 09:05 | Bought 1.5mil today, think shareprice deserves a whole lot more than 15% up on that news. Completely derisked and farmout looks like a sure thing now. | ileeman | |
08/2/2019 08:47 | I expect Total will snap it up. | encarter | |
08/2/2019 08:28 | tuck some away and wait for farm in.theyll certainly get one on that news should be an easy 5 bag or more.just need to lock them in for a while.gl | purple11 | |
08/2/2019 08:19 | TRP has been a long term dog no doubt, but that result from Total (500m-1b OE from the same Outeniqua basin) is difficult to ignore. | bumpa33 | |
08/2/2019 08:17 | Ye me too. It turned out to be a 100 bagger. | encarter | |
08/2/2019 08:17 | Raw, Agree | judijudi | |
08/2/2019 08:13 | 100 bagger needed to break even with these crooks , I've heard this all before ..... | rawv8 | |
08/2/2019 08:08 | £5m cap. That news has gone largely under the radar. | bumpa33 |
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