Tower Resources Share Discussion Threads

[barneygumble27] 17/11/2022 12:00

What's with all the small trades turning up?

[felix0007] 17/11/2022 11:34

Mr H why are you lost for words??

[mr hangman] 17/11/2022 11:25

I'm lost for words..

[satkaur1973] 17/11/2022 10:00

Doing deals in Africa takes time.

We need to understand that.

Let us hope the long wait is over for holders who have been waiting for this farmout.

[felix0007] 17/11/2022 09:50

Chaps. Thanks for the thanks and thats a pleasure. Always appreciate info coming through from members of this board so only to happy to share info myself. It does sound positive so lets hope this comes through imminently!!

[satkaur1973] 17/11/2022 09:30

Thanks Felix007.
News is imminient.



"We are continuing to make progress on the Cameroon financing, and I do hope to be able to say more in the coming days"

[sanilav] 16/11/2022 20:59

Thanks for the update,and also for taking the lnitiative to do this.

[felix0007] 16/11/2022 20:56

Whatever your thoughts are about JA, he is very prompt to respond to shareholder enquiries and I do believe he is working hard to ensure the maximum share holder return possible. It should be noted I have also emailed David Horgan at Clontarf and as yet have not received a response!

My thoughts are well summarised by a post this evening on the other thread:

I Picked up on this again just recently and bought back in, I have been reading the chat and have noticed the frustration over delay in news, dilutions etc. As mentioned by others, I would agree It would seem there is a lot going on in the background for sure. Its noteworthy that JA has a significant amount of his own money invested here, not just a token amount. There is no doubt in my mind that there must be a lot of ‘Sub Rosa’ negotiations going on in the background to get the best deal, maybe several other companies, possibly even a buyer for all of TRP’s assets, time will tell but with the amount he has invested, I feel sure JA is not being idle. All of TRP assets are in areas of increased activity and interest and now proven working HC systems. Further to the original financing arrangements, there must be additional JV discussions going on with regards to all the TRP blocks, either as separate assets or even as a whole lump, hence the protracted delay. All will be revealed But in due course, I feel sure this will be a multi-bagger.

[felix0007] 16/11/2022 20:02

Gents, a response from JA approx an hour ago.

We are continuing to make progress on the Cameroon financing, and I do hope to be able to say more in the coming days, but for an RNS we want to be able to say something a bit more specific than simply “we’re making progress”.

I’m not sure what collaboration with Shell you’re thinking of, but if we were discussing something specific with Shell then I probably wouldn’t be able to say anything about it until it was agreed anyway. However I can say that there is nothing we would consider price sensitive being discussed with Shell right now. The last discussion we had with them was about the possibility of working together on a multi-client 3D seismic acquisition project in S Africa, and those discussions might resume in the New Year when they have their environmental authorisations sorted out, but we’re not holding our breath.

There is also talk of various multi-client 3D acquisition programs over the next couple of years in Namibia, but as I write I don’t recall if Shell was interested in participating in any of them.

[tanboy1950] 16/11/2022 16:36

Asher Will Be Running Out Of Money Soon.. Then Out Comes The Begging Bowl Give The Fat Barstool Some More Money Lads....Merry Crimbo Lol

[dodge_city] 16/11/2022 15:08

News that Cameroon has been cancelled.

[felix0007] 16/11/2022 15:01

Barney you sound confident of news in soon. lets hope so!!

[barneygumble27] 16/11/2022 13:17

Great price to buy in, what with news so close.

[iammrweald] 16/11/2022 13:12

Funny the rigmeister appears here when he only got £350k for the sale of his Surreh shed and is angry. It also has bunkered him with his Oilygarch mates in the 19th hole! four!!!! he he

[sanilav] 15/11/2022 21:01

Below what,where who, how!!!!!

[mr hangman] 15/11/2022 19:55

Tanboy below provided all you need to know about the Cameroon asset

[sanilav] 15/11/2022 18:47

Yet again,another In Depth analysis of the Cameroon Assets,obviously worked out to the minutest detail,looked at from every angle.We should be grateful to have somebody on this thread with such knowledge.A guiding light in fact.

[mr hangman] 15/11/2022 14:04

The question is what will the bank want as collateral..? if we not careful, a African bank will end up owning a prime Namibian drilling licence

[satkaur1973] 15/11/2022 11:42

There is no way a Bank will lend you money to drill a well and especially a bank from Africa.

Its obvious Asher is struggling to get this Farmout over the line.

[iammrweald] 15/11/2022 11:35

Transform your Christmas with new Hambro game..'spot a rig and upgrade it to a lifeboat.