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Will need to churn through over 2 billion / 2.5 billion shares to clear this. Expecting 0.25 or lower over the next few days. Pointless buying now as obviously nothing positive forthcoming hence this desperate placing at the huge discount.

Exactly. The smart money has knew this for a while. There is zero chance of this progressing to its beluga and that’s why there hasn’t been any updates. Tower is a dead duck currently.

New to this share. Bought in today. Looks like this could be the share of 2022....

If no news by mid dec then I can see high 2’s. Looks like it struggling to drop much more than this currently. Also volume relatively low considering. Will add more on subsequent drops or further progress being made in a positive nature on the Farmout.

I’ve bought a few under 0.40. I’ll take a gamble on something coming out in the next few weeks.

Expect a drop to mid 3's again this week and back to high 2's if nothing positive in the next week or 2.

Does anyone have Jeremy Asher’s email address?

Still don’t believe it will fly until the seller is cleared. I think they are still selling and 40 to 45m left. Not too many but a few days to clear yet….

All I see short term is a drag on the SharePrice until the seller is cleared. Could have been nearly 30 million sold yesterday. So if monecor then potentially another 55m or so to go. Could be someone else of course….

Once this is cleared then the brakes will be off. Although I expect the SharePrice not to do well until then.

Im adding a sizeable position here. This looks way too cheap when you look at what other Crypto's are doing....

One thing is beluga have not asked for an extension from the end of oct so it’s either happened or it hasn’t. Would be nice of tower resources to update the market so we could make an investment decision….

The other prospective resources on the Thali bock have a best estimate NPV10 of over $1 billion at $86 Brent (It was $525m at $40 Brent in 2020). Check this on page 19 of your document.

Bishop The NPV10 at Brent at $86 is $270 for Njonji-1 and Njonji-2 fault blocks at Thali. Quite an uplift from $119.

Towers share will be 51 percent of $270.

$270m /£200m. When the deal goes through this would be equal to $135m / £100m npv10 for Tower Resources share of Njonji-1 and Njonji-2.

With 2.1b shares in issue this is approximately 4.76p per share for this alone.

Tower Resources PLC

With NPV10 of $270m for its Oil resources @ $86 Brent across the proven Njonji-1 and Njonji-2 fault blocks at Thali within the prolific Rio del Rey basin

We think this makes #TRP a compelling high growth opportunity within this sector

#oilandgasindustry

Check the date stamp. 10.28am delayed by 1 hour and shown at 11.28am.

sell at 0.302p and hence the reason for a drop at that time from 0.30-0.31p to 0.29-0.31p

The truth is this is still being talked up and the big round sells keep on coming. Another 2.5M round sell.

Nothing before end of October at the earliest. Mid November maybe.

Buy price is now .31 big seller/overhang. Expect this to drop quite a bit more yet.

I doubt it will ever come.