ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TRP Tower Resources Plc

0.0185
-0.001 (-5.13%)
Last Updated: 11:32:54
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 -5.13% 0.0185 0.018 0.019 0.0195 0.0185 0.02 336,112,525 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
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 0.1625p.

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 25076 to 25099 of 43575 messages
Chat Pages: Latest  1011  1010  1009  1008  1007  1006  1005  1004  1003  1002  1001  1000  Older
DateSubjectAuthorDiscuss
21/2/2019
15:31
What a company, who would have thought they would make a comeback and now they could even find oil. That would be something! I bet this upwards over the next few weeks.
2solaris
21/2/2019
14:14
only way is up imho gl

BUY BUY BUY

purple11
13/2/2019
16:13
Yes, drilling Q2. I have to admire their positive attitude! '...first oil by the end of 2019'.
trulyscrumptious
12/2/2019
16:45
Immediate focus is on Cameroon, rig signed up for April to June .
encarter
12/2/2019
14:13
Use the scale that they have on their map. In a direct line from the nearest point it scales at least 200km. I feel they are compressing things a bit.

I now hold a few shares.

rayrac
12/2/2019
12:21
ðŸ¤-SALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19ðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME😊ðŸ'ŸðŸ–¤ðŸ–¤ðŸ'–ðŸ'–ðŸ'œThe more their proxy Citigroup /Pareto have bought in the higher holders profits at t/o:ðŸ'–ðŸ'–ðŸ'ŸðŸ'ŸPeel Hunt issued a recent note on the company.#Valuation and recommendation. Following the above tweaks to the production profile and capex, we revise our core NAV to 392p from 387p. We continue to conservatively include no value in our target price for the 239MMbbl gross 2C in Shaikan, worth 34-136p/sh risked-unrisked.Gulf Keystone Petroleum continues to stand out as one of our top sector picks and we reiterate Buy.#They are being super CONSERVATIVE 🌋ðŸ'‹!They use 58% WI when we now know it remains 80%.So their core valuation must be revised by this, 38% higher.The do not place any value on 2C, actually 330m at 80% WI, and even at a very modest $ 2.3 boe this adds further £2 plus.They are only using $3.4 boe for 2P when MOL report $8 and Shamaran higher.So low base-case in my assessment is 470m 2p, 330m 2C (which would in my be treated as effectively 2P when new FDP approved)Working on 800m 2P without adding any value for the MOL recently reported upside and using a stil very modest $10 boe provides $ 8bn asset resource value.This is still very modest in that a land based resource of this size would be strongly fought over by IOC.With 229 million shares, using dollar exchange of 1.29, £ 27 per share would be the minimum I would expect the company’s major owners to accept.It would not be a surprise to me if this number doubled.🎈
gkp_banggone
12/2/2019
07:44
Block 11B/12B is located adjacent to the Algoa-Gamtoos licence, operated by 50% partner New Age Energy Algoa (Pty) Ltd ("New Age") and held 50% by Tower. The Algoa-Gamtoos license also contains the southern deepwater basin margin of the Outeniqua Basin that was targeted by Total's Brulpadda well and is approximately 150 kms along strike to the east from the Brulpadda discovery.

Importantly, the Brulpadda well has successfully tested the Lower Cretaceous turbidite fan play of the Outeniqua basin slope, which is interpreted to extend along strike into the southern part of the Algoa-Gamtoos block, in which the Operator, New Age, has identified on 2D seismic a substantial prospect.

encarter
11/2/2019
22:26
Adjacent licence it may be. But from my scaling of Brulpadda, it looks to be 250km from TRP’s interests!
rayrac
11/2/2019
16:06
From Malcy today:

Tower Resources

Just a quick word on Tower Resources after much discussion last week about the ‘significant gas condensate’ Brulpadda discovery made last week by Total offshore South Africa. The discover potentially opens up a new world class gas and oil play according to Tower Resources who are in the adjacent Algoa-Gamtoos licence. Along with partners New Age they were planning to farm-down a stake in the block, a job that suddenly got a bit easier. With Total wanting to drill a number of wells in the area the prospects for Tower may be worth taking a look at again.

2solaris
11/2/2019
14:51
yes, i meant currently holding 15.5...plenty of buyers around today...there could be potential partners lining up for farm out deals reading the previous rns re:Brulpadda...good support here by the looks of things, dyor as always.
pre
11/2/2019
13:59
If you look back far enough on the RNS you will see Peel constantly go up and down.
soulsauce
11/2/2019
13:55
They held 21% earlier this year.
2solaris
11/2/2019
13:25
They are backers of the company, they are sure to reduce into strength.
rayrac
11/2/2019
12:58
No, you are correct, they are reducing!
2solaris
11/2/2019
12:32
I read it as a reduction in Peel Hunt's holding from 16.78% to 15.50%.

My apologies if I have that wrong.

gostevie63
11/2/2019
11:44
just noticed the rns out today ..peel hunt taken 15.5% stake here...interesting
pre
10/2/2019
21:27
A-haaaa iLeeman. You are over here; interesting choice. Too politically toxic for me.
gunsofmarscapone
08/2/2019
16:32
Great news just out for BRD. It's not too late to be in another multibagger.
encarter
08/2/2019
14:29
Yep lots of stock around at 1p but only good news coming to hoover it up
encarter
08/2/2019
13:53
Clear this placing overhang from early January and then we move towards 1.5p-2p.

Great time to accumulate and wait, easy to see what is going to happen here with todays news.

ileeman
08/2/2019
13:48
Another read across with ECO is of course Namibia, TRP recently acquired new Namibian licences adjacent to ECO

Total, Shell and Exxon due to drill this year, four wells in all

jimarilo
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
Chat Pages: Latest  1011  1010  1009  1008  1007  1006  1005  1004  1003  1002  1001  1000  Older

Your Recent History

Delayed Upgrade Clock