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Dropping back again
Just out of curiosity, does anyone know anything about this new shareholder? This name is unfamiliar to me.
Noted pal. I do have a short fuse with investment trolls
Don't waste your time on CH. You have them on most boards! Just ignore him or filter him
Who is buying this
Who would pay current prices this close to funding to own 5% of the company without knowing how it is going. This is a no brainer!
Yep some great buys going through, seems to be moving up quickly
It’s a long way up there’s is plenty of time to get in
Where's Charlieharper ???? Spent your Sunday deramping. Where are you now?? Was that your only day off from burger King??
Hello hello, volume going mental
Back to the 1 billion a day chaps
48 mill full ask
Take position jump in for the ride
46 mill buy. Getting better
Easy 0.024 + today , After today’s RNS i’ve got a feeling that tomorrow the big one is coming
Hopefully the first of many to get in before the next RNS. any idea how much buying pressure will be required to hit 0.03, I presume the 10% crowd will appear soon.
Sp Angel research note assumes 21 billion shares in issue (currently 16 billion) and an oil price of $60 a barrel ($87 currently)
Is he still buying
25m buyer in play
*Reminder*
The SP Angel research note assumes 32% farmout for $10m
If this was the case the value of njom3 on a 100% WI would be $10m / 32 x 100 =
$31.25m
TRP retain 68%
$31.25m x 68% =
$21.25m / £17m
TRP current mkt cap £3m
Some 450% upside on the value of the deal alone
https://www.towerresources.co.uk/wp-content/uploads/2023/12/TRP-2023-12-06-Initiation-Report.pdf
There after, leading up to the drill the sp should start to price in some success with it being an appraisal drill But further upside from the exploration element of the drill
35mmbbl prospect at 68%
24mmbbls net to TRP in the success case
@ $3 per bbl that’s
$72m/ £57m mkt cap
Trp £3m mkt cap
Then there is an additional 111mmbbls in other mapped leads , plus the larger deeper targets , to which no numbers in the public domain at the minute, which I’m sure will change
We also have multi billion potential offshore Namibia. & SA
We await updates on these also
All for £3m
Buys building nicely!
Has Mr wallis finished buying?
Anymore building positions?
At last something +ve and interesting!
GL.
202-207 lets go blue then
He can buy cheap now most of us don’t have money because we bought years ago 😬
Taking the Mickey
207 to buy with a missive hint just dropped. This should start to motor today