Come and hear Shaun Day from Greatland Gold #GGP, Cathal Friel and Jeremy Skillington from Poolbeg Pharma #POLB, George Bennett from Rainbow Rare Earths #RBW and Helium One CEO David Minchin #HE1 present tomorrow evening. Register here.
There is no reason whatsoever to suggest farmout won’t happen or a further raise will. Why would it? We have enough cash to see us through to farmout. Price action is annoying but classic AIM. Won’t be surprised if we finish blue! Seen it a million times. Also a lot of people here talking their book. Pretty obvious
Yep, farm out finalised, ie we have had one condition met - Beluga shareholder sign off - and now just waiting for minster of mines to approve. It is certainly in their best interests to get this monetised ASAP!! Shouldn’t be long. Good news. All ticking along nicely and still massively under the radar. Wait til the herd arrives. Kapok!
I agree. Can't believe we are still trading below placing price. I am fully loaded (although could always take more!) and ready for lift off. It's only a matter of time but a real gift to be able to keep adding at these levels
“Derisked upstream assets”, “Short-cycle oil and gas development projects such as this have excellent economics”
All to play for here. Wait for boomage
the CEO of Beluga, commented:
"We are pleased to be associated with Tower's management team in the development of the Thali block in Cameroon. This investment fits perfectly with our strategy to invest in de-risked upstream assets, and supports the integration of our services from downstream to upstream. Our technical team has extensive experience in developing assets in the Gulf of Guinea and will collaborate with Tower in bringing the Thali block to first oil."
Jeremy Asher, Tower's Chairman and CEO, added:
"We are delighted to have the opportunity to work with Warebibo Soroh and his colleagues at Beluga, and to fulfil our shared ambition to move this project forward to oil production in Cameroon. Short-cycle oil and gas development projects such as this have excellent economics, which reflect their importance to Africa's overall energy balance. The Njonji structure on which we are drilling the NJOM-3 well is one of several attractive structures on the Thali block, and we are looking forward to a great future developing these resources together."