Tower Resources Share Price (TRP)

op love that quote it’s so true.

i’m in panr bought at a good price when some were ****ging it off.

but look how much it’s gone up since then 300% profit so far. and more to come

dyor but i believe trp will come good, as you say buy when others aren’t and price when goes down as a result , the as we all know is knowing where the bottom is.

i’m hoping to top slice solg on monday and put a few more in here.

“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”

Warren Buffett

I expect the CEO would like to consolidate and reduce these shares from 29 Billion to 290 million , however as I posted here some time ago the Nominal Share price needs to be much higher - somewhere like 0.1 to 0.2 Pence . Let’s say 0.1 p for arguments sake which is about 4.5 times current Share price , implying a market cap of about 25 -30 million pounds . This mkt cap seems about right to me if / when

1. the cash from Cameroon farm in lands

2. Drill rig and drill date confirmed

3. Possible large injection of cash from a successful Algoa Gamtoos Farm in

In that hypothetical/ potential scenario, a share price of 0.1 pence becomes 10 pence in a 1 for 100 share consolidation. I’m sure we all agree 10p and 290 million shares would present a vastly improved outlook for sustained share price gains assuming the Njom 3 drill is in accordance with expectations ( finds oil & flows )

But the Share Price needs another big leg up first

All in my humble opinion. No investment advice intended to purchase TRP shares .

Some times you chase the dreams and they don’t happen keep the faith here let’s hope . In honesty though if it drops after end of march i will sell all my holdings making a small profit and maybe buy in again with news.

GLA

Why would there be a placing? Plenty of cash coming in once the president approves. This is Africa, stuff does not happen quickly.

57.5% of 30m barrels potential at discovery value of say $7 a barrel. Work it then divide by the present mcap, simple arithmetic!