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Sorry, must have missed something -what's this about a placing?
...to .575p
Incredible - someone thinks our blocks (and GBPs) are attactive enough to pay millions for a seismic survey!
I guess they want to get this work done and dusted before Venus-1 drills in April. If that is a success, then the costs of a farm in with either TRP or GBP will go through the roof.
People now either in or out, and those in waiting for a possible 2pm RNS?
Three possible options.
I think Cameroon news would be too small to justify the huge ammount of interest today - and a farm in there would only happen after the site survey complete - and survey ship has not even left port yet!
It could be the South African news, but TRP is in there 50/50 with NewAge, so any farm-in payment would be diluted.
I think the ammount of interest is so great that the announcement is going to relate to the 100% TRP owned blocks in Namibia, with a whooping ammount of cash (10s of mllision) due to be paid by a major for farm-in rights.
Fingers crossed!
It has appeared again, as a trade today!
Can anyone explain what's going on?
Happened at 16:07 - marked as a sell, but if it was surely we would have finished the day with no change to the SP.
Could it have been a buy?
Just copied and pasted from ADVFN site - no minus sign that I recall
Following showing two separate trades of 1million buys but not here:
https://uk.advfn.com/stock-market/london/tower-resources-TRP/share-price?xref=navmenu_shareprice#tradesTable
09:47:45 0.39 754 2.95 O
09:45:16 0.39 29 0.11 O
09:35:04 0.39 14 0.05 O
09:15:53 0.41 1,000,000 4,050.00 O
09:15:47 0.41 1,000,000 4,050.00 O
I am no salty sea dog, but given the ship was supposed to be on site by 30th Dec, and it's recent behaviour - could it be the ship is having problems with its stabilisers - those propellors that keep it locked in position regardless of weather conditions?
If you look here, it seems 8 million shares have been bought before the bell this AM, but not showing up in LSE share trades.
https://uk.advfn.com/stock-market/london/tower-resources-TRP/share-price?xref=navmenu_shareprice#tradesTable
08:44:49 0.39 144,325 560.00 O
08:21:37 0.39 1,000,000 3,925.00 O
07:57:31 0.41 4,000,000 16,200.00 O
07:57:30 0.40 4,000,000 16,000.00 O
Appraisal ship should have been on site by 15th Dec, but looks like it is still in port, if that indeed is our vessel.
Unsual bit of activity so close to Xmas slow down.
Has rig arrived on site? And/Or Farm In annoucment incoming?
8 to 1 buys to sells - and share price goes down.
I only hope its a tree shake.
Volume up - being shown as sells, but if they were the SP would be tanking.
Some news about to break?
https://t.co/2eri5w8y6w?amp=1
At 8:44 a director of ECO says Total will be spudding Venus-1 in April 2020
FAO Scruffee01:
Are you on the wrong board.?
What is Njonji?
In fact, what are you on about, full stop?
Can you explain in straightforward English?
According to Google search for: trp share price
Something brewing?
...as a trade for 100 shares (signal: I need shares) was executed around 3pm.
Strange - in interviews that accompanied the last big RNS (which contained information about Namibia data sharing with majors), Jeremy said the farm in into the South African assetts could be the next surprise bit of news.
Now, in the latest Malcy interivew, he is saying that the SA data room is still open, but they are reprocessing their sciesmic data on the area - which sounds like no-one is interested so they are trying to clarify the oil potential etc. to make it more attractive.
Hope I am wrong, but does seem an about face from the impression he was giving previously.