Member Info for blissful

Initial news on the 26th or 27th October.

The 5th is a Saturday so news the day before hopefully.

THE_CHAIN. Yes, 7p sounds very rosy as a launchpad after the year we've had!

darientaylor. It's about time we had a positive week. If next week can continue like this we should soon be back on course, 6p is a hard nut to crack so fingers crossed this is it this time.

They used to just call it attention seeking! Let's keep to Zephyr from now on and ignore or filter.
'Histrionic personality disorder (HPD) is a mental health condition marked by unstable emotions, a distorted self-image and an overwhelming desire to be noticed. People with HPD often behave dramatically or inappropriately to get attention.'

Over 100 million traded so far today!

Fingers crossed whistler51, it seems the trend is upwards at last. I think there are quite a few people buying in now as they don't want to be left out when it takes off.

Malcy said he would be meeting with JA this week. There must be something to talk about as this would have been arranged before yesterday's excitement. Although it is unlikely there will be nothing that requires an RNS, or we will get that beforehand, we will hopefully be given a better understanding of what is happening with some pencilled in timelines. If there was nothing to talk about this interview would not be taking place.
Just for fun, imho I still reckon this will at least 10 bag from here and although I always sell a portion of shares on the way up, I will keep some for the ride. Good luck all!

BANG!!! Haha... wrong thread!

It looks set for a bumper week as I am sure Malcy will winkle some little gems of info out of Jeremy later this week.

https://www.malcysblog.com/2022/10/oil-price-genel-coro-hurricane-reabold-tower/

'After a considerable amount of time and with Chairman Jeremy Asher bearing the brunt of the funding I can now see the light at the end of the tunnel. I would have liked a few comments from him but he is reluctant to blow his own trumpet.

The Thali block in Cameroon is joined by the excitement in Namibia thanks to the perceived success of the Graff-1 well which could prove up something for Tower under the nearability rule. I’m spending time with Jeremy Asher this week and I look forward to reporting back positive news. '

Oh, I don't know about that mrcautious, my TRP shares are up 43% today, mustn't grumble.

The interims were last Friday and show recap the funding arrangements to date for the NJOM-3 well on the Thali block in Cameroon. The money is coming together, it appears just the loose ends need tying up.

'June 2022 - Tower Resources Cameroon SA executed a term sheet with BGFI Bank Group, the largest bank group in Central Africa, for a medium term loan of CAF 4.42 billion (equivalent to approximately US$7.1 million) as partial financing of the NJOM-3 well on the Thali block in Cameroon. The loan would cover around 40% of the US$18 million well cost, with a further amount in excess of 25% already having been paid for by TRCSA, and the balance of 35% of the cost of the well also to be funded by TRCSA.'
Added to that Bedrock Drilling have again taken shares in lieu of cash for well project management services.

'...it has issued 11,200,000 Ordinary shares in the Company (the "Fee Shares") to Bedrock Drilling Ltd ("Bedrock Drilling"), in lieu of fees to the value of GBP 25,200 .
The Company has issued shares in lieu of fees on previous occasions to Bedrock Drilling, which provides well project management, well engineering services and drilling consultancy services to Tower's operations on the Thali block, offshore Cameroon, both to reduce cash costs and above all to align long term incentives with our well management team.'

Double that at least jonesrichard when the finance is completed.

Jeremy has stuck at this one for so long now and put a lot of his own money and time into it that he deserves a huge reward. He's soldiered on in the face of criticism and derision and now harvest time is approaching.

This has to be a very confident move, they are the ones who know what is happening. I expect this move up substantially with a bug jump on the news we are all waiting for.

Thanks THE_CHAIN

What does the Twitter message say?

Yup, that's what I thought and it would give the sp a nice boost.

THE_CHAIN or anyone. Do you think we will get an RNS regarding permit approval as I recall reading that CH said there would be an RNS when the permits had been approved. Therefore, depending on the approval date, we are likely to know before the presentation/webinar.