Tower Resources Share Discussion Threads

[jfreshfield] 15/1/2020 09:08

I imagine this licence was a condition precedent in the legals for our farm in partners. Once govt approved, we will sign the docs. Usually a couple of days. So I would think farm in news next week.

[saw89] 15/1/2020 08:56

this could be the final tick in the box to get the farm-out deal across the line

[saw89] 15/1/2020 08:55

very good to see progress it now continues its march to 1.5 pre Farm-out RNS

[jfreshfield] 15/1/2020 08:51

Up we go today I reckon despite the bashers on what is excellent news

[jfreshfield] 15/1/2020 08:11

Yes exactly. Easy to forget this is an appraisal at 80-90pc COS

[thatsmart1] 15/1/2020 08:06

However, drilling the NJOM-3 well is likely to send this into orbit as it is an appraisal well and a lot of people think it's an exploration well. They are about a year behind schedule at present.

[krowelet] 15/1/2020 08:01

We shall see but it is the key to unlock what should now follow, the license extension was not a given imo and as shareholders we should be grateful for the Cameroon Govt's patience and faith in TRP to now execute this project.

[thatsmart1] 15/1/2020 07:57

Maybe not but it's an important step and shows things are happening in Cameroon. The oil business is notoriously slow and often moves at glacial speed, this is a bit quicker than that now.

[mostro] 15/1/2020 07:52

Not sure this news is going to light the touch-paper here!

[jimarilo] 15/1/2020 07:47

Got to be more to the rise than this

[jotoha2] 15/1/2020 07:36

If Jeremy is on the ball , then a subsequent RNS confirming farmout details will follow sooner than later !

[jfreshfield] 15/1/2020 07:24

Great news whatever @thelongergame thinks. Unlocks everything and farmout now a formality as impossible to conclude without this piece of the jigsaw

[jfreshfield] 14/1/2020 21:23

Sounds about right. What a loser

[texaschaser] 14/1/2020 20:50

Iamgreat1 aka @thelongergame aka ZM19 on LSE Aka jammydodger (stopped posting on 6th December set up iamgreat1 on 6th December and ZM19 on LSE 8th December

[jfreshfield] 14/1/2020 20:16

Multiple sets of News to come on Multiple fronts .Let's not forget 22% of sharesin issue changed hands within 2 days If you go back in the interviews and the rns1.South Africa JA states there are several party's with high interest in the South Africa project because of totals discovery which is next to our block and in the interview he states he would not be surprised if this the first set of news to come first .New Age there partner sold one of there assets for 800 mill ,yes 800 mill ,so very cash rich New Age chief geologist stayed it will be an exciting start to 2020 in the Algoa-Gamtoos permit)And with our seismic reprocessing almost complete, it will be an exciting start to 2020 in the Algoa-Gamtoos permit. 2.Namibia ,Tower resources did not approach a super major .The oil super major approached them for there technical data . And as per his interview in November when asked when will you update regarding talks he said by year end to see where we're going with this ,year end has gone ,so no news is good news still in discussions.3.Cameroon,JA stayed we have interested party's who want take part but they need to release of equity to go Head it's out our hands waiting for them to release funds .When asked if new party's want get on board he said they can but they need to hurry because we need to get this done by January. Then ask yourself MV investigator has been in Cameroon now for over 3 weeks and waiting ,WHY is it permits there waiting for,our trp finalizing partner to come on board first before site survey can begin ,because Trp have paid £750k for the survey to be done and MV investigator is waiting for the go ahead .4 The share volume says it all ,News on multiple fronts incoming,Any one of the news below can come first .1.Site survey for Cameroon 2.Farmout for Cameroon 3. Start of Drill for Cameroon 4.2D reprocessed data for South Africa 5. Farmout for South Africa 6.Farmout for NamibiaOpportunity's like these rarely come on the Aim market don't sell your shares cheap .they are worth multiple to current share price once the news start to drop .Good luck with your decisions these are just my own opinions .

[jfreshfield] 14/1/2020 19:35

Huge volume.

[jfreshfield] 14/1/2020 17:27

It's coming that's for sure

[jotoha2] 14/1/2020 17:24

Will now drift down further unless Jeremy spills the beans on the deal of the century .

[holdbucket] 14/1/2020 17:18

Excuse my ignorance but is it odd/unusual that there are no after market UT's etc especially when considering the volume.

[jfreshfield] 14/1/2020 17:02

Up we go tomorrow

[iamgreat1] 14/1/2020 16:56

Further drop tomorrow

[jfreshfield] 14/1/2020 16:09

Fabulous volume again today