Member Info for Bishop190

Yes I know about the seismic Jackie. You may not know it but I do shed loads of research. My point is that the licence is up so soon that there is no sense in a major farming in, they can just acquire the whole licence next year.
I find it interesting that Peter Taylor sold his shares when he stepped down from the board.
Of course I hope I am wrong as I don’t like losing money!

@jackie, the licence runs out next year, why will anyone farm in when they can get it for nothing in a matter of months? It is like a footballer running down his contract.
I am resigned to my “investment” here being a write off but that is outweighed by gains I have made on Zephyr!

Well said OB.

You are a strange one @wolf, is personal abuse your normal reaction to other people’s views?

Hello OB, yes, like you, I am still here :-) and happy to carry on holding! I hope all is well with you.

To be honest @Wolf, you are behaving like a spoilt child. Many of us are long term holders in this stock, based on research we have each done and our patience is not going to suddenly be exhausted by a few days “delay”. It is best if you find something else to do with your time!

Market cap of £270m on spud? “You cannot be serious” :-)

A piece of carp? I don’t think there is anything fishy going on. Some people do their research and invest, others sit on the sidelines criticising, it is clear which camp you are in.

@ololiw, I imagine that most of us LTHs have done plenty of research which is why we are still here. Everyone should research any share they might buy though and not rely on others!

Lol at @wolf, do you really the think the ministry is going to welcome loads of emails about a small UK company? They will do their job at their own pace and you must learn to have patience like all of us LTHs here.

Hi OB, it’s doing well today, let’s hope no more set backs, but then this is AIM!

You beat me to it OB!

Hello Rodge, I think it was changed from Topaz to a COSL rig because that was nearby, but that would have been a couple of years or so ago now so may well have changed.

Brig, good to see you here, I hope you are well.

Hollybean, a study by Oilfield International in March 2020 is posted on the TR website here:

https://www.towerresources.co.uk/wp-content/uploads/2020/03/Summary-Reserves-Resources-Valuation-Report-Tower-Resources-Cameroon-Assets-Effective-Date-10th-March-2020-Publication-date-12th-March-2020-Final.pdf

On page 18 you will see that the Best Estimate NPV for Thali was $119m. This was based on Brent at $40/barrel. The farm out would reduce that by 50% attributable to Tower. I keep meaning to try and rework it at $80!

Of course, as ever DYOR but that data gives you something to work on!

So long as it is an upward storm that will be good :-)

But he did score a great goal in the FA Cup semi final some years ago :-)

I would be pleased if it did 5x lol!

Thanks for posting this Sailplane, an interesting read!

Indeed they are not alike. Zephyr is further ahead but I have every confidence that TRP will soon get there. Thus us why I am invested in both. My point was that I didn’t see the need for the silly gratuitous comment about Novum, money is money after all.
By the way “glowing in the dark” was years ago and not relevant now.