Tower Resources Share Discussion Threads

[2solaris] 03/10/2019 07:15

Let's face it, they have some good prospects but lack the cash to do anything with them unless someone comes along. Whoever that may be will hold the aces but even so TRP will become valuable if anything does happen. Slagging them off is pointless and usually indicates someone who has lost money.

[judijudi] 03/10/2019 07:01

oilretire, I have no idea why you would think a data room has been opened and that’s what Asher has described? Reads quite simple to me Tower were approached

[2solaris] 03/10/2019 06:49

I think it means we are about to be very rich Rodderz! -------- Tower has disclosed technical and commercial information to a major international oil company, in order to explore the potential to co-operate in respect of Tower's Namibian Blocks. This follows preliminary discussions initiated by that company and held earlier this summer. Jeremy Asher, Tower's Chairman and CEO, commented: "This process is at a very early stage, and may not lead to any agreement. However, it does provide a timely reminder that, in addition to our Cameroon appraisal and development project, the Company has two extremely attractive exploration opportunities in Namibia and South Africa. Our Namibian Blocks, in which we have an 80% interest as operator, include two giant four-way dip closures in the West and four large structures in the Dolphin Graben where the 1994 Norsk Hydro well 1911/15-1 encountered three source rock intervals, and recovered oil from Albian carbonate core samples. Our Algoa-Gamtoos license in South Africa, operated by NewAge, where our interest is 50%, adjoins Total's license where it made its recent 1-billion boe Brulpadda gas-condensate discovery in the Outeniqua basin, and that Algoa-Gamtoos license includes a 364 million boe prospect identified by NewAge in the same Outeniqua basin."

[oilretire] 03/10/2019 06:39

Very strange. Was there a data room open for Namibia?? Cause that's essentially what Jeremy has described.

[encarter] 03/10/2019 06:27

Nothing announcement. What's that all about?

[2solaris] 01/10/2019 06:28

Bringing out the very best in people I see!

[purple11] 29/9/2019 04:26

purple long ago exited at .80 glholders,

[judijudi] 27/9/2019 20:39

He’s a loser End of imho

[zen12] 27/9/2019 10:31

Bridging loan grace period ends Mon..but have no money to pay back!

[mr hangman] 26/9/2019 09:07

Anyone seen Purple ?

[jotoha2] 23/9/2019 15:26

Its more like slip slip sliding away .

[encarter] 23/9/2019 15:24

Placing at 0.1p is my guess

[soulsauce] 23/9/2019 15:15

One wheel on my wagon and I'm still rolling along..........

[0ili0] 19/9/2019 20:25

Ask Hannibal.. LOFL

[cashandcard] 19/9/2019 20:18

With the assets they have, why is he not selling or farming down interests to raise cash?Cash

[judijudi] 19/9/2019 18:33

At running a company with hard earned peoples money, JA is as useless as a piece of Shyte That’s the very best I can say without risking a Libel case imho

[jotoha2] 19/9/2019 18:21

The poor soul liked to blame other people for the companies lack of progress , clearly the problem lies with him and other Board members , Chairman / CEO is also very strange with a PLC .

[ohisay] 19/9/2019 04:04

Its all rather deja vu. https://uk.advfn.com/stock-market/london/tower-resources-TRP/share-news/Tower-Resources-PLC-Suspension-of-Trading-on-AIM/74572347

[bebehuge] 17/9/2019 17:20

The pilot left the plane???

[jotoha2] 17/9/2019 14:29

So now we have the house broker selling down , come on Jeremy sort out this little mess of yours , or sell up , am sure there will be takers , at a price.

[mr hangman] 17/9/2019 13:10

I feel sorry for the "investors" who have taken part in the placings over the years