Member Info for blissful

We were promised production for Q4 and the sp reflects broken promises. The non ops don't appear to be helping as originally portrayed so we need production money. We were never told the average flow rates for 36-2, more obfuscation by the board so they were probably poor, we simply don't know if they were even commercial. Why they didn't drill a proper lateral is only known to them, originally each well (haha) was going to have four laterals (repeat haha) so why not drill one properly in the first place.

I remember CH saying production was a priority by the end of this year, not just 36-2r but 16-2 +another well, (hohoho Santa imitation). So speculating on the sp this time next year is pointless as is believing all we are told by the board, it's what we are not told that is important. And the market does not like confusing or ambiguous language. Still holding as it's not worth selling.

We know the negotiations will take time to come to a conclusion but the rig news was pure fantasy with no relation to reality. Probably invented by those wishing to move the sp upwards so they could sell and make a quick £. If there had been a rig on the way it would have had to be related via an RNS.

Listen to the interview update from November again and either buy, sell or stick but can we stop this 'fake news' element on this board, thanks.

https://www.youtube.com/watch?v=g7rAe79EJxY&t=18s

Where does JA say this rig has been hired by Tower, did I miss an RNS?

How do you know the CPR is well known? It is their duty to publish it if they know, not try and keep the sp down.

Sell

Take strain as meaning pressure, so money not under pressure, ie: not required for anything else at present, spare sheets!.

That's my interpretation.

Bigbazooka. I meant a year, not a month and it was $ not £ and he included bonuses. The information was from another poster!

The re-drill was paid for by the insurance, the upcoming drill will be paid for by another party taking up to 50%. Saltwash is no longer talked about (they want someone to fund 100% of the well!). Where is the non ops money going, it was supposed to pay for unlocking Paradox but it appears it is for paying the board members huge salaries and bonuses. Bonuses for what??? A share price that keeps dropping! This is what CHhad to say last June; '"I'd also like to thank our partners at the Salt Wash Field. Much progress has been made since we executed the agreement, both at the field level (with siting and permitting) and in asset-level partnership discussions with other helium industry participants. We look forward to progressing those discussions over the coming month."

Coming month!!! Did you mean July CH, are you forgetting we are in December now?

Here's what you said last December.

"We have grounds for considerable optimism as we look towards 2024, which is set to be extremely active and characterised by substantial news flow. In particular, we continue to prepare for the exciting State 36-2R well redrill, for which we believe substantially all costs will be covered through insurance, and after which we hope to utilise the same rig for a second well. In addition to further delineating the extent of the Paradox project with the drill bit, we also look forward to delivering first regular cash flows from the Paradox project as we progress from exploration to production in the area.

"I would like to thank all of our stakeholders for their ongoing support and wish everyone a safe and peaceful festive period."

Yes, have a great festive period CH , on 800k month you can afford to!

I have all but written off my investment here because I have been lied to time and time again.

Hmmm, not so good today.

Google finance is hopeless, it goes on the last trade. If it had been a sell it would have shown red!

Losing interest and trust in whatever CH has to say.

Later this month! I've heard that before - actions speak lounder than words CH.

As for the non ops, where does the money go -not on drilling it appears but on board members wages and expenses. The non ops were originally supposed to pay for Paradox, now it's other companies.

As usual he opens his mouth and the sp turns red.

Jeremy holds 65% of the company shares so a cheap buyout is not going to happen, end of.

Tower Resources*

TRP LN SPECULATIVE BUY

TP 0.12p

Initiate with a Speculative Buy rating and a 12M TP of 0.12p/sh

We initiate coverage on Tower Resources as a Speculative Buy given the

considerable value potential of the NJOM-3 well if it is able to attract a farmin partner and a rig contract to enable drilling within the next 12 months. We initiate coverage with a 0.12p/share 12-month target price that is based

solely on the Core NAV assets and already embeds a c.£3m equity raise,

which we represent in our NAV calculation at the current share price.

https://www.towerresources.co.uk/wp-content/uploads/2023/12/TRP-2023-12-06-Initiation-Report.pdf

Instead of grasping at straws with what is probably fake news why not wait until an RNS reveals all.

Who? This is so undervalued the government could buy the company with a day's hotel money! Or should that be a week? Why don't they try and make us money instead of stealing it from us?

This will get bought out.

SlaveTo Trade. I think it will initially double on news, maybe fall back a bit to let sellers off with their profits and then move up towards the .01 mark. There is bound to be a placing at some stage but it should clear that by spud.

It's down 30% in the week since the update! They need to learn actions speak louder than words!

The non ops were supposed to fund the company, but I can see the enormous salaries and bonus pay-outs + expenses to board members eat into that dramatically. They kept telling us how well the non ops were going yet debt only comes down a smidgeon. They should have had enough non ops money to drill another well!

CH is already a rich man NtD. Bonuses included he's on about $2400 a day so delays are a joy for him.