Tower Resources Share Discussion Threads

[2solaris] 17/7/2019 11:37

Anyone know if the site is ready for the rig yet? It should be about to kick off soon!

'...the Company has agreed with Vantage to move the planned mobilisation of the Topaz Driller to July 2019 instead of late May 2019, in order to allow sufficient time for the additional site preparation work to be completed.'

[jimarilo] 16/7/2019 23:10

I see JA is already booked in as a presenter at the Africa Oil Week in December

He and TRP obviously look to still be around by then ;-)

[2solaris] 16/7/2019 14:34

Most of them would have a heart attack if they tried to do that!

[mr hangman] 10/7/2019 15:36

If i was a lender, i would run a mile

[keya5000] 09/7/2019 18:50

Don’t have the exact numbers but I think it produces a refund of £130k and removes a liability of £830k

If I was a lender it would give me comfort that I wouldn’t be funding a tax liability along with the drill.

[rayrac] 09/7/2019 09:57

What does the VAT judgement mean in terms of cash? If it comes off of course!

Will they, won’t they, raise the cash to drill?...or have they!

Not holding the shares, but on watch. :)

[encarter] 02/7/2019 08:50

Looking like finance is sorted.

[cudmore] 02/7/2019 08:17

Something brewing. Buyers piling in here

[jimarilo] 01/7/2019 23:56

3m @ 1.04p at the close

[2solaris] 27/6/2019 16:14

Is there a rig really booked?

Oh yes, of course, silly me. The new data delayed it until July, not lack of money to pay for it I am glad to see!

'Since the Company's last update, the Company has received additional data from the original Total wells at NJOM1 and NJOM2, which indicate that further site preparation work will be required before the rig is moved to site. Therefore the Company has agreed with Vantage to move the planned mobilisation of the Topaz Driller to July 2019 instead of late May 2019, in order to allow sufficient time for the additional site preparation work to be completed. This is still within the original date range contemplated by the rig contract, and well within the license extension period agreed last year.'

[senn1] 24/6/2019 17:36

Nice 2 mill buy at the end someone in the know??

[mr hangman] 24/6/2019 13:40

There is going to be a EGM, to change the Epic/Ticker code from TRP to JUNK

[encarter] 24/6/2019 13:21

Imho he will raise it but at well under 1p.

[rayrac] 24/6/2019 11:49

Raise the money and he’s on his way. I’m watching, see how it goes.

[senn1] 23/6/2019 17:16

maybe he will just settle for 2p and double his money??

[0ili0] 23/6/2019 14:40

He'll need to get a key for the booster rockets for 5p.

[rayrac] 23/6/2019 14:19

Can’t see how Asher is going to fix the finance..perhaps it can be done? In the meantime it might be better to watch?

Got some good prospects off SA..but how the heck...

[senn1] 23/6/2019 09:12

To ramp it to fxxx and run to the hills at 5p×??

[0ili0] 22/6/2019 21:58

Asher chucking money into it. LOFL

[senn1] 22/6/2019 11:25

looks good for 4p with finance not a bad return.

[2solaris] 21/6/2019 16:32

I think we have to give him a last chance, even if you don't invest hangman. There is no point in being bitter, the person feeling bitter is the one to be left with the sour taste so maybe time to let go. Happy weekend.

[jotoha2] 21/6/2019 12:19

Hangman , am assured they have a 80% COS of financing , so lets see what happens after the drilling starts , the man has one last chance to prove he can achieve .

[mr hangman] 21/6/2019 11:00

10p for the whole company