Tower Resources Share Discussion Threads

[buffskins] 12/8/2021 08:19

well said, expect a nice rise here today back over .5 gla

[lw425] 12/8/2021 08:14

Market cap of only a measly 8m here is insane.

Buyers of the shares get the Cameroon drill with an 80% chance of success and accompanying huge cashflows. You also get the life changing hundred bagger potential of South Africa and Namibia.

Also the company now have working capital at the corporate level and the JA loan has been paid off. I would not be surprised to see 2p plus here this year.

I.M.O

[fredo1976] 11/8/2021 21:03

I wouldn't mind that. Done very well with TRP lately. Will load more if it drops to 0.2p.

[mr hangman] 11/8/2021 20:47

Not many rampers around tonight

[rayfenn] 11/8/2021 20:27

Back to 0.2p

Overvalued still

[terminator101] 11/8/2021 17:17

Placing huh rampers. Hilarious.

[dodge_city] 11/8/2021 17:02

Unless you are a complete idiot that placing should not come as a surprise. More placings to follow before drilling starts, if it ever does.

[mistt] 11/8/2021 13:21

It was a good punt when in late July, the rns came out announcing the proactive webinair (firms don't often flag that) and when you could buy under .30p. It was an even better punt when we got the word from the webinair, and you could still buy in just under .30p. Happy to take my little bit.

Now, it carries more risk - uncertain sentiment vs increasing number of placings. Not to say this couldn't get to 1p. But the time for making almost certain money has passed. It's now more a gamble than a calculated punt.

So, on to the next one! I hope thatsnotsosmart didn't lose his shorts on this, having lost his shirt on bpc.

[yellowdog] 11/8/2021 12:25

It was a punt 3 days ago. It's a better punt now and cheaper.

[mr hangman] 11/8/2021 09:26

I have been mislead by posters that have done their calculations and "research" this should be trading between 1-3pLMFAO

[sanilav] 11/8/2021 09:22

Crystal ball back out of the Attic.Try for the Lottery next,now i know its working.

[chesty1] 11/8/2021 08:32

Ouch TRP never fails! Or is that TRP ouch always fails!!!

[mr hangman] 11/8/2021 08:15

How is the chart going ?

[judijudi] 11/8/2021 08:03

Oh dear 😩
All that is bad about poor aim management
imho

[rayrac] 11/8/2021 07:52

Well, they don’t pay it to Tower, but to the contractors, ie, the drilling company?

$102.5k interest? Shows how concerned he is for the financial health of the company?!

[roberts1975] 11/8/2021 07:47

First placing today Next one will be bigger Now open your eyes and take note of the pumpers on twitterTold you they all started pumping as soon as they got into the placing

[unabkxb] 11/8/2021 07:43

Anyone clear on when Beluga have to pay the $15 million? Has to be before drilling or it might never materialise if its a duster then TRP end up with all the debt. This is West Africa afterall.Including their website I can't find any info on Belugas proclaimed experience with production assets in the GoG.

[induna123] 11/8/2021 07:36

The Company will use the net proceeds of the Placing to repay the US$750,000 loan facility from Pegasus Petroleum Ltd (whose ultimate beneficial owner is the Company's Chairman and CEO, Jeremy Asher) together with accrued interest and fees of US$102,500

LOL Oh my god. Absolutely breath-taking.

[volsung] 11/8/2021 07:30

Placings are the bane of AIM

[roberts1975] 11/8/2021 07:29

Yesterday one idiot was saying it was the rns of dreamsWonder what he makes of today's rns

[purple11] 11/8/2021 07:21

THE STINKY SIDE OF AIM

and ppl believe theyre going to get a farmout LOL

[purple11] 11/8/2021 07:18

Asher does well doesnt he

[roberts1975] 11/8/2021 07:17

When the pumpers were out they were in the know of the placing and were ramping away telling their brokers to sell the stock