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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tower Resources Plc | LSE:TRP | London | Ordinary Share | GB00BZ6D6J81 | ORD GBP0.00001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.0005 | -1.61% | 0.0305 | 507,215,057 | 16:10:50 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.03 | 0.031 | 0.0325 | 0.0305 | 0.031 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | USD | USD -455k | USD 0.0000 | - | 7.25M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:26:57 | O | 1,000,000 | 0.0303 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/1/2025 | 17:37 | UK RNS | Tower Resources PLC TR-1: Notification of major holdings |
| 10/1/2025 | 07:00 | UK RNS | Tower Resources PLC Transformational Farm-out Agreements |
| 03/12/2024 | 13:21 | UK RNS | Tower Resources PLC Total Voting Rights |
| 11/11/2024 | 07:00 | UK RNS | Tower Resources PLC Subscription to raise £275,000 |
| 31/10/2024 | 07:00 | UK RNS | Tower Resources PLC Total Voting Rights |
| 24/10/2024 | 16:27 | UK RNS | Tower Resources PLC TR-1: Notification of major holdings |
| 16/10/2024 | 06:00 | UK RNS | Tower Resources PLC Cameroon Farm-out Update & Placing |
| 01/10/2024 | 06:00 | UK RNS | Tower Resources PLC Exercise of Warrants |
| 30/9/2024 | 12:43 | ALNC |  EARNINGS: Katoro Gold pretax loss narrows; Ondine Biomedical sales up |
| 30/9/2024 | 06:00 | UK RNS | Tower Resources PLC Interim Results to 30 June 2024 |
Tower Resources (TRP) Share Charts1 Year Tower Resources Chart |
|
1 Month Tower Resources Chart |
Intraday Tower Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/1/2025 | 02:08 | TOWER RESOURCES | 38,204 |
| 20/1/2025 | 15:41 | Tower Resources, stratospheric RISER from 0.25p | 5,563 |
| 29/11/2024 | 13:51 | TRP board very quite on here | 39 |
| 01/10/2024 | 06:24 | Tower Resources, stratospheric RISER from 0.05p | 3,196 |
| 07/8/2024 | 08:06 | Tower Resources at the UK Investor Show | 8 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2025-01-20 16:26:59 | 0.03 | 1,000,000 | 303.00 | O |
| 2025-01-20 16:22:39 | 0.03 | 20,000,000 | 6,060.00 | O |
| 2025-01-20 16:21:59 | 0.03 | 322 | 0.10 | O |
| 2025-01-20 16:15:18 | 0.03 | 709 | 0.22 | O |
| 2025-01-20 16:14:17 | 0.03 | 322 | 0.10 | O |
| Top Posts |
|---|
Posted at 20/1/2025 08:20 by Tower Resources Daily Update Tower Resources Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker TRP. The last closing price for Tower Resources was 0.03p.Tower Resources currently has 23,394,207,794 shares in issue. The market capitalisation of Tower Resources is £7,018,262. This morning TRP shares opened at 0.03p |
Posted at 19/1/2025 12:17 by mr hangman As a retired Geologist and spokesman for the Royal Riggers Bridge Club, I best make my points clear on the Cameroon leg of the Tower portfolio, for the hard of hearing, and the posters who can't actually read.I will keep this short, as the majority on this thread are of a crazy nature, on paper the deal looks good for TRP, but the geology in Cameroon tells another story (just ask BLVN)There will be spikes in the Share price, but roll forward 3 years investors will wake up, and see the disaster this is. |
Posted at 16/1/2025 10:53 by 2 solaris 'cashandcard - 14 Jan 2025 - 11:29:40 - 37928 of 38114 TOWER RESOURCES - TRPCameroon will take several years imo - everything in that part of the world moves at snail pace. There is no guarantee it will be successful as well, the presence of oil in historic wells doesn't guarantee a development or future cashflows.' What makes you think Cameroon will take several years? Do you know more than JA and Prime? There is never a guarantee until oil flows but you are negative on this as well. Again, do you know more than JA and Prime or are your loose, negative statements the result of you wanting the share price to fall? |
Posted at 16/1/2025 09:43 by southway2 I copy this from another site . Hopefully the poster is ok with this EdgeinPosts: 1,593Price: 0.0335Strong BuyRE: The boss has got a lot of skin in the gameToday 08:58SR,Yes a great deal, better than I was expecting. I thought the best we would get is a carried well, we got cash and further to come, making TRP fully funded. New partner is significantly cashed up too, the previous offer was from an unknown company called Beluga. This agreement is like chalk and cheese. It didn't matter how good the farmout was nor how many shares Mr Asher took in the company there were too many traders waiting to sell the news and killed what should have been a dramatic rise last Friday. But now that the dust has settled and the trading volumes are returning to normal we're still left with assets not reflected in the market cap, CEO up to 25.33% holding and cashed up waiting for the farmouts to complete in Cameroon, Namibia and South Africa. Massively derisked from this time last week and remarkably a lower share price (0.043 to 0.034). As traders get bored and investors move in I can see this changing a lot before spudding NJOM-3. |
Posted at 15/1/2025 18:00 by labourout TRP cash position.16th Oct 2024 £1.2 million raised 11th Nov 2024 £275,000 raised Last Friday $937,500 received on execution of farm out When approvals come by end of Q1 a further $937,500 and $2,500,000 will be paid to TRP On approval $15,000,000 due from Prime which will pay fot the Cameroon drill in FULL Today £1.4 million ish received from JA for his 5.6 billion shares at 0.027p that he paid for. So it is fair to say that TRP is fully cashed up and raring to go. I bought another 60 million shares today Now got 700 million ish |
Posted at 12/1/2025 09:40 by neilyb675 Share Price vs Fair ValueWhat is the Fair Price of TRP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model. 99.5% Undervalued Current Price UK£0.00039 Fair Value UK£0.082 Discounted Cash Flow Simply Wall St UK£0.082 Fair Value 99.5% undervalued intrinsic discount 1 Number of Analysts Below Fair Value: TRP is trading below our estimate of fair value (£0.08) Significantly Below Fair Value: TRP is trading below fair value by more than 20%. Key Valuation Metric Which metric is best to use when looking at relative valuation for TRP? Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock. |
Posted at 30/12/2024 08:19 by southway2 Who knows what effect a gbp Namibia farm in will have on Trp share price It's expected within next few days and if terms are good we should see more rises here . |
Posted at 27/12/2024 07:18 by southway2 Interesting, but according to ny/tanboy it's administration bound .Believe that idiot or the below.........Tower Resources Tower Resources (AIM:TRP), pursuing a portfolio of oil and opportunities in Africa, is now close to concluding an agreement for the farm-out of its highly prospective Cameroon licence, and has made progress in clarifying the potential of its interests in Namibia and South Africa.TRP's current focus is on advancing its operations in Cameroon to deliver cash flow through short-cycle development and rapid production with long term upside, and de-risking exploration licenses through acquiring 3D seismic data in the emerging oil and gas provinces of Namibia and South Africa, where world-class discoveries have recently been madeTRP has a 100pc interest in the shallow-water Thali Production Sharing Contract covering 119.2 km2 of the Rio del Rey basin, offshore Cameroon. The basin has to date produced more than one billion barrels of oil and has estimated remaining reserves of 1.2 billion boe, primarily within depths of less than 2,000 metres. It is a sub-basin of the Niger Delta, an area in which over 34.5 billion barrels of oil have been discovered, with 2.5 billion boe attributed to the Cameroonian section.The Thali Block has the potential to hold at least four distinct play systems, including two established plays in which three discovery wells Rumpi-1, Njonji-1 and Njonji-2 have already been drilled on the Block. The latest company estimate of risked PMean recoverable resources is now 35.4 million barrels.TRP's second major prospect is a 80pc operated interest in Blocks 1910A, 1911 and 1912B (PEL 96) covering 23,297 km2 of the northern Walvis Basin and Dolphin Graben offshore Namibia, an under-explored region in which recent drilling results have proven the presence of a working oil-prone petroleum system, along with good quality turbidite and carbonate reservoirs. Recent licensing activity in the area has included the farm-in of Chevron to the PEL 82 license to the south.The company also has a 50pc interest in the Algoa-Gamtoos licence, offshore South Africa. The 9,369 km2 acreage straddles the Algoa and Gamtoos basins on the shelf, and the outboard slope edge of the South Outeniqua Basin, where TRP made its Brulpadda and Luiperd discoveries in Blocks 11B/12B.TRP reported positive developments across all of its licenses in 2024, notably in Cameroon, where it is close finalising financing for the development of the NJOM-3 well, having received a proposal for the financing of the well via a farm-out of a minority position, 'from a substantial upstream company with existing production'. Spudding has now been targeted for 'early in 2025'.An October update reported that the company had received an updated proposal from the interested party, which would provide more than $15m funding for the Thali PSC work programme, including drilling the NJOM-3 well in return for a minority interest in the PSC, with TRP remaining as the operator. Importantly, the proposal does not contain any financing contingency as the counterparty has available funds, and a portion of the funding would be secured by a bank guarantee. TRP is currently reviewing the current proposal and clarifying its terms where appropriate, and expects to work on detailed contracts with this partner, or one of the other parties interested in the licence, 'over the coming weeks'.TRP has raised £1,188,500 to 'remove any funding pressure while the Company concludes its Cameroon farm-out negotiations, and to allow the Company to keep operational preparations for drilling the NJOM-3 well moving forward without delay'.In Namibia TRP spent the first six months of 2024 analysing more than 20,000 kms of 2D seismic data held over the PEL96 license area to identify the most promising structures along the likely oil migration paths identified by basin modelling and the oil seep analysis. The company has found 'interesting structures in several areas of what is a very large license area, covering nearly 24,000 kms at present'. Rather than acquiring new 3D seismic over such a large area the company is reprocessing some of its existing 2D data to decide on which structures to focus on.TRP said that although the company is 'not formally seeking to farm out our license interest in Namibia, as we consider it somewhat premature given the current stage of work', it is pleased to have 'received unsolicited interest in the license and are sharing data with parties who wish to discuss it with us even at this early stage.'Regarding South Africa, the company has been in discussions for some time with a potential partner for its Algoa Gamtoos license. This has 'now reached the stage where draft documents are being prepared'.TRP currently trades at 0.032p with a market cap of £8.44m. |
Posted at 18/12/2024 07:46 by dicko80 Remember the market knows first , yesterday wasn’t your Friday fomo by retail0.12p share price angel target price just to secure finacing, early 300% from here We also have SA draft contracts out , could be $10 - 20m Then we have GBP farm out for Namibia , potential free shot , c200mmbls of the w deep prospect that overlaps that is drill ready Then we have to start pricing in some success on the drill as its appraisal with exploration, share price angel was 0.83p Then we have potential of bank financing and early production, targeting 8,000bopd ph1, ph2 16,0000bopd Do the math on revenue We then have 111mmbls low risk follow on prospects in Cameroon and a further 600mmboe+ deeper plays That’s before SA 1.billion deep water play and multi billion billion barrels of Namibia All for £7m |
Posted at 17/12/2024 12:19 by dicko80 The share price angel note had 23.63p target , see table on page 12but there was no allowance for GBP deep asset that overlaps our licence, c200mmbbls to TRP in a success case, nothing in for the deeper plays offshore Cameroon but we now know some numbers based on TRP presentation 600mmboe+, Namibia is just getting bigger, the stratigraphic traps and large anticlines never been looked at and now we are being told further work is required due to the sheer size and scale , the licence area is huge ! Sp angel only give 800mmbbls towards their sum of parts price breakdown, we could have many many times this resource in Namibia 23p conservative me thinks |
Posted at 26/11/2024 07:44 by jungmana Once the recent placing churn is done imo TRP share price will.move higher in anticipation of the farm out news.Market cap at GBP 6 million is too low for a company with huge oil snd gas projects in 3 prime locations.Buy, sit tight imo |
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