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Been there,done that,video is history.Move on.
Looks like the timed mass buying is on again,starting gun from 1.00pm this time,same old same old,but its not orchestrated is it!
Cmon Jeremy give us something tangible for Xmas.
Flatliner
Dont shoot the messenger,iam not the author of that post.I just found it amusing,ne odd that somebody obviously reads the posts on this forum,then writes about these posts on another forum,rather than discussing it on the same forum as they were written.Hence the stalking comparison.Who knows what is going to happen to TNT,could be the best thing since sliced bread,or an utter disaster.Never use money you cant afford to lose,an oldie but goldie.
More hilarious chat from LSE.
One poor fellow, Flatliner, posts the matched bargains facility by Jenkins is a way the company can offer 150p a share rather than shareholder take up the (as yet non existent) tender offer at the same price? well, I ask you?
Another unfortunate soul, Ornamental, amongst others, claiming all sorts of nasty unpleasant things about the Ceo. Why do the mug punters always take everything so personally? Did the CEO make them buy shares in this transparent woke nonsenses?
Poster HeresHopin, the proverbial Turkey that votes for Xmas posts that at sub 50p buying for his pension would be a great long term play. Maybe he should read his Sipp rules?
"now is the time to load up " he's lamenting, "just tuck them away"? is this his coping method do yo think? People go to exhaustive lengths to blame anything and anyone but themselves.
Adrian understands the situation well , albeit in his own mind. "It's a no-lose punt". If you want to sell for 150p you can? (how) if you don't sell, then this is a "LOW level " entry into the "next Tesla"?
Sadly, even a week with the Fist would not cure this lost lad, he's far too gone.
Fireclade, has the usually noob conspiracy theories going haywire in his mind.
"You can only sell and not buy on the market" he claims, and the price has been "artificially manipulated down"
He offers no reason why anyone would want the price down. Neither why LRB to date have not RNS one single share buys under the 150p 'tender price to make up the alleged 29.9%. Maybe they are a charity and would rather pay 150p to get rich quick red/black gamblers than 40P in the market?
Flarliner is hopeful, the reason why they announce matched bargains with Jenkins is all due to the 150p tender offer being "released imminently"
I sometimes wish i was that innocent and naïve. True the market can make you so doubting but I wonder if Flarliner still hangs his stocking on the end of his bed on Christmas Eve?
There's scant evidence of self reflection or personal responsibility for their own actions on that thread, and rather like here, the slimy fluffers with their one sentence cliché ramps have now left.
This thread will die but in years to come it will be read by someone, anyone, for some reason or another and please reader take what you can from the pain of others.
This story is old, but it continues, If something seems to be a get rich quick easy route to making money , Run away, then run harder and then get a train even further away.
To any one in the future , 2050- 2100 think of me kindly. I'm dead and be warned by the ghost of Fist. For an easier stress-free life, get off here and just buy index trackers, Travel and go out and meet some chicks ;)
The Fist of reason.
Think that is a reasonable question with all that has happened in the past,there has been no RNS to accompany this rise,so punters are right to be wary.Just nice to see a bit of positive action,how it will end ,who knows.
Https://ratings.freightwaves.com/cost-of-a-drill-rig/
Probably what JA is up against,they aint cheap.
1 Nov 2018 07:00
RNS Number : 9575F
Tower Resources PLC
01 November 2018
1 November 2018
Tower Resources plc
Cameroon Reserves Report and Operational Update
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed oil and gas company with its focus on Africa, is pleased to announce the results of an independent Reserves Report that conforms to SPE_PRMS guidelines ("Reserves Report") from Oilfield International Limited ("OIL") on behalf of the Company's wholly owned subsidiary, Tower Resources Cameroon S.A, across its Thali licence, offshore Cameroon in which it holds a 100% licence interest. The Company is also pleased to provide an operational update on Cameroon.
The OIL Reserves Report has quantified contingent and prospective resources across multiple fault block prospects on the Thali licence, including the existing oil discovery at Njonji in the southern part of the licence, together with their calculated Expected Monetary Value ("EMV"), as detailed below.
Reserve Report and other highlights:
§ Gross mean contingent resources of 18 MMbbls of oil across the proven Njonji-1 and Njonji-2 fault blocks (with low/best/high estimates of 5/15/34 MMbbls) and with a development contingency probability of 80% on first phase and 70% on second phase;
§ Gross mean prospective resources of 20 MMbbls of oil across the Njonji South and Njonji South-West fault blocks (with low/best/high estimates of 5/16/39 MMbbls);
§ Gross mean prospective resources of 111 MMbbls of oil across four identified prospects located in the Dissoni South and Idenao areas in the northern part of the Thali licence (with low/best/high estimates of 21/84/237 MMbbls);
§ Calculated EMV10s of US$118 million for the contingent resources, and US$82 million for the prospective resources, respectively;
§ A Letter of Commitment has been executed to secure a modern and suitable jack-up rig for the drilling of the NJOM-3 well in Q2 2019;
§ An offer of financing from an industry partner for the Thali licence has also been received and is being considered alongside other funding options.
The Reserves Report was independently compiled by UK-based industry specialist Oilfield International Limited and was based on the work that Tower has undertaken during the past year including a reprocessing and reinterpretation of all of the existing 3D seismic data over the licence area, and substantial further analysis of the data including an independent fault seal analysis undertaken by Dr Tim Needham of the University of Leeds Institute of Applied Geoscience that suggests that the Njonji 1 fault block may be in communication with the Njonji South structure. As part of the Reserves Report process, Tower has also developed a preliminary plan for the further exploration and development of the licence, subject to agreement with the Société National de Hydrocarbures ("SNH") in Cameroon, which envisages a Phase 1 of four wells at Njonji inc
Unfortunately we have been down this road before re Cosl Seeker and Topaz rigs,nothing materialised with those,so not reading anything in the latest supposed Envoi update.Lets face it we have had rigs actually contracted in the past,yet here we are,still waiting for that magical drill moment.The guy is a dab hand at spinning things out,real smooth operator.