Tower Resources Share Discussion Threads

[hazl] 31/10/2024 12:20

Look to be more than double the amount of buys than sells,


assuming transparency.


IMO

[dealer55] 31/10/2024 12:16

VAST is the worst out there. I hope TRP delivers this time. I hold a large position and hope/expect.

[hazl] 31/10/2024 12:06

Fast forward to 2025 and we have the same speakers at this future event.

[hazl] 31/10/2024 12:02

I stress that my point in bringing these articles to the table are to understand better, what is happening in the oil industry and Africa in particular.
And again to bring them to the attention of like minded people for discussion. It is not a ramp before people jump to conclusions but to support the research here on my fairly modest investment.
I think it looks more interesting the more I research.
We will see.
Again interested in genuine investors thoughts.

[hazl] 31/10/2024 11:54

Why would books like this be written unless this is an important strategy?




Abstract
This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. '
continued.

[hazl] 31/10/2024 11:51

Has the position of oil changed since 2022 ?

McKinsey.

'
Despite these challenges, the shift to a low-carbon future could create significant opportunities for oil and gas producing countries in Africa; several options exist for them to potentially strengthen the resilience and sustainability of their resource bases and build robust positions in the new energy businesses of ...'
8 Jun 2022

The future of African oil and gas: Positioning for the energy ...

'McKinsey modeling estimates that African energy demand in 2040 could be around 30 percent higher than it is today, compared with a 10 percent increase in global energy demand (Exhibit 1).'


A year later


The absence of articles on this topic since could be political?
Thoughts welcome.

[riskyinvestor] 31/10/2024 11:50

VAST must be the worse ever company on AIM

[dealer55] 31/10/2024 11:34

0.06p/0.07p should be there in the build up, however with companies that have multiple failures behind them trust may be limited, aka VAST.

[chesty1] 31/10/2024 11:16

Hope it comes good RI but feel I have got more chance farming out my back garden!

[riskyinvestor] 31/10/2024 11:06

Would be nice if we could move in anticipation of the Farmout but that does not seem to be happening.
Looks like Investors would rather wait until its actually concluded and pay 0.06p/0.07p

[hazl] 31/10/2024 11:02

Look at these topics...fascinating.

Wednesday, October 9
09:25 - 09:55 - Anticipating 2025: Africa’s Hottest License Rounds and Geology Insights
David Spofforth, Director of Global Business Development, Earth Data
E&P Forum | Panel Discussion

Thursday, October 10
14:30 - 14:45 pm - Building Momentum, Placing Opportunities in Sharp Focus
Zuo Xu, Business Development Manager, Sub-Saharan Africa, Earth Data
Innovation, Technology & Decarbonisation Forum

15:30 - 16:15 - Repurposing Oil and Gas Assets for Geothermal Resource Development
Zuo Xu, Business Development Manager, Sub-Saharan Africa, Earth Data
Innovation, Technology & Decarbonisation Forum | Panel Discussion

[hazl] 31/10/2024 10:47

Again Africa and importance.

[dealer55] 31/10/2024 10:33

NY Lady Boy

[hazl] 31/10/2024 09:37

Now that I assume will be a regular occurance....the 2024 one was beginning of this month.

Very interesting again if you scroll down to see, what presumably is the wealth of interest in the sponsors!

[emrysiorweth] 31/10/2024 09:37

enlighten us

[hazl] 31/10/2024 09:31

If you scroll down you will see some very interesting information about the African conference.

[hazl] 31/10/2024 09:29

Our shareholder, Jeremy Asher holding over 7%.

Quite interesting.






'

Jeremy Asher
Chairman & CEO Tower Resources

Jeremy is Chairman and CEO of Tower Resources plc, and he is also Chairman of Agile Energy Limited, a privately held energy investment company, and Senior Independent Director at Block Energy Limited, an AIM-listed exploration and production company with operations in the Republic of Georgia. Until November 2018 he also served as a Director of Pacific Drilling SA, where he chaired the Remuneration Committee and was a member of the Restructuring Committee. He has also served as Deputy Chairman of LSE-listed Gulf Keystone Petroleum Ltd (until June 2014) and TASE-listed Oil Refineries Ltd (until December 2014). Following several years as a management consultant, he ran the global oil products trading business at Glencore AG and then acquired, developed and sold the 275,000 b/d Beta oil refinery at Wilhelmshaven in Germany. Between 1998 and 2001 he was CEO of PA Consulting Group, and since that time has been an investor and Director in various public and private companies.
'

[ny boy] 31/10/2024 08:49

⬇️8680;ADMINISTRATION 🚨⬇5039;

[ny boy] 31/10/2024 07:30

Please note that this figure does not include the 3,158,000,000 Second Tranche Subscription Shares which are due to admit to trading on AIM on or around 6 November 2024. Following admission of these shares, the total number of voting rights in the Company will be 22,375,689,275 as set out in the Company's announcement dated 16 October 2024.


22 Billion shares is just ludicrous 🤡🤣🤡🤡9315;📉ԃ71;️🚨🚨🚨

[hazl] 30/10/2024 15:58

A tower of strength soon?

[dicko80] 30/10/2024 12:02

Conference in Cape Town next week Tower are presenting , showcasing the huge , prospective Namibia licence…

Be timely for the SA farmout to be announced …

[jungmana] 30/10/2024 11:55

Would love to buy more but no more funds and will not sell elsewhere

[zen12] 30/10/2024 11:41

Apologies slippy fingers and auto type to blame.