Register
Login:
Share:
Email Facebook Twitter

Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Tower Resources Share Chat (TRP)



Share Price: 2.375Bid: 2.25Ask: 2.50Change: 0.00 (0.00%)No Movement on Tower Resources
Spread: 0.25Spread as %: 11.11%Open: 2.375High: 0.00Low: 0.00Yesterday’s Close: 2.375


Share Discussion for Tower Resources


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


nice1
Posts: 649
Off Topic
Opinion:No Opinion
Price:2.375
TRP
Mon 19:16
I use to be a strong holder with TRP, but when Namibia came out dry and I had near £40k I pretty much lost most of it, I then with what ever cash i was able to save moved to Mosmans Oil and Gas.

I think with Tower they did have a proactive board and did not sit around but considering how many attempts they had Uganda 3 times, Namibia 1, Kenya 1, not success and no luck.

I do feel for everyone.

Good luck and I hope you all get better luck else where.
 
Pdo69
Posts: 4
Observation
Opinion:No Opinion
Price:2.375
RE: Hope
19 May '17
Edlog, I'm absolutely certain that you work from Tower. Whilst all shareholders are crying out for answers on their investments, you're holding them in high regard, peddling garbage from the internet. The highlights below come from a Company who just lined their pockets with our money, they aren't independant results. Thali was a concession that was relinquished by Perenco and relinquished for a very good reason. The placing for seismic last year was just to help keep the BOD afloat until they could come up with a plan to fleece more money from investors, so at a time when everyone is highly miffed about their investments, there's you painting them in a golden light. Clearly you are deluded or work for tower
gige
Posts: 8,050
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.375
View Thread (2)
trp
18 May '17
2K lost ,,no big deal but this crooks should be sent to prison...
EDLOG
Posts: 444
Off Topic
Opinion:No Opinion
Price:2.375
Hope
17 May '17
they can save something from this lot----------------------Highlights

Signing in September 2015 of the Thali Block PSC, located in the prolific proven producing Niger delta, offshore Cameroon; Tower is now reviewing existing discoveries (7 million bbls) and upside, as well as planning for H1 2016 3D seismic;
Institutional placing in July 2015 raising approximately £5.2 million (US$8.0 million), after expenses, at a price of 0.19 pence per share: Key support from M&G Investments who now hold an 18% interest in the enlarged share capital and directors, consultants and employees who now hold a 15%+ interest;
Completion of the Company’s Initial Period commitments in Blocks 40 and 41 of the frontier Zambezi basin, Zambia, with encouraging results;
Application for new licences covering PEL0010 and other areas submitted to the Namibian Ministry of Mines and Energy following PEL0010 relinquishment notice being submitted by the Operator, Repsol;
Drilling of the unsuccessful Badada-1 exploration well in the Block-2B, Anza Basin, onshore Kenya. Premier Oil plc (55%) and Tower (15%) have given notice to withdraw from the licence;
Cost reductions including closure of regional East Africa office in Uganda and relocation of Tower’s corporate office; and
Appointment to the Board of highly experienced technical experts, Phil Frank as Independent Non-Executive Director and Nigel Quinton as Exploration Director.
Graeme Thomson, CEO, commented “Our September entry into the Cameroon shallow waters marks a shift in our risk profile from frontier towards proven producing basins and introduces an asset with existing discoveries and significant upside to the Tower portfolio. In Namibia, we have a number of applications in process as we seek to build our acreage position in what remains a hugely underexplored but highly prospective area. Our early stage field work in Zambia has been encouraging, and we have now received approvals in South Africa to move into the next licence stage on Algoa-Gamtoos. These positive developments have been made possible largely through the support of existing and major new institutional shareholders and the unstinting efforts of the directors, employees and consultants, for which we are grateful.

We have now refocussed our portfolio and resources to areas predominantly on the Atlantic Margin where we are confident we can add value even in this difficult market. Accordingly, we have withdrawn from areas where we feel there is no medium-term likelihood of commercially worthwhile success. Our near-term commitments are low, and yet we have significant working interest holdings which we aim to farm down as appropriate to manage our risk-reward position. Tower intends to take advantage of the current difficulties in the sector to continue to assemble a high quality acreage portfolio in our focus areas.”
mikemac
Posts: 708
Off Topic
Opinion:No Opinion
Price:2.375
TRPers
13 May '17
MGW doesn't seem confident on the next announcements
flundra
Posts: 419
Off Topic
Opinion:No Opinion
Price:2.375
RE: flundra
12 May '17
Thanks sage, v helpful.
Looks like you can treat it as a loss when it's a "negligible value claim", and as you say there's a list (by the shares and assets valuation office) which tells you when it's officially treated as such (could be on TRP's administration or liquidation I suppose).
https://www.gov.uk/government/publications/negligible-value-claims-and-income-tax-losses-on-disposals-of-shares-you-have-subscribed-for-in-qualifying-trading-companies-hs286-self-assessment-he/hs286-negligible-value-claims-and-income-tax-losses-on-disposals-of-shares-you-have-subscribed-for-in-qualifying-trading-companies-2016
I think we're heading for liquidation here to be honest which would mean a £2k loss for me, So down the pub to drown sorrows. But at least I'll be able to offset the loss against other gains.
republikanac
Posts: 102
Off Topic
Opinion:No Opinion
Price:2.375
View Thread (2)
TRP
12 May '17
Another crocks company disappeared with millions in directors pockets. FCA again is doing nothing about it. No investigation, just ripped off investors getting stupid comment "sorry bad luck".
sage
Posts: 54,466
Off Topic
Opinion:No Opinion
Price:2.375
try this..
12 May '17
sage
Posts: 54,466
Off Topic
Opinion:No Opinion
Price:2.375
flundra
12 May '17
There is a special list ...hmrc and fca should have it..I looked at it recently for IVE .Try googling or I`ll try and find it.
Ollieh
Posts: 4,204
Off Topic
Opinion:No Opinion
Price:2.375
Goodbye TRP...
12 May '17
You died 3 years ago.

Fri, 13th Jun 2014 07:00
RNS Number : 5399J
Tower Resources PLC
13 June 2014

Hard luck all....cheers.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.