Great rns. funding sorted for Cameroon with no dilution and farmouts with drill carry in SA and Namibia. It's true what JA says that the assets have never looked more attractive - pity that rns is not a reality because it should be so where is it?
Beyond belief we are nearly in June and STILL waiting for something to happen SOMEWHERE despite all the positive sentiment around the areas where Tower have assets. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
RE: ExxonMobil and the Future of Namibiaโs Hydrocarbons Market.9 May 2022 08:15
Not forgetting TRP already had an approach from one of the majors for their acreage before covid stepped in. This was before any discovery was made so doesn't take a genius to assume there will now be a lot more interest. The discoveries are massive!. Let the bidding war commence.
yes agree, full offer being paid into close last night. 0.2p today would be nice, however look at the assets. majors must be circling to take these guys out once seismics fully analysed and put to mkt
they have already done two placings with nothing to show for it! the last was a big surprise and even bigger was the 30% discount despite 'the assets never looking more attractive' apparently. Not impressed, nor the mkt.
dicko - there better be - it is not acceptable the lack of progress shown across the portfolio by the bod. Where is the news flow? where is the progress? We are not in an depressed oil market here!
still a long way to go to get to 0.6p or the big 17p! could there be a scenario where boil was bought out soon with such big assets mid to large caps must surely be in talks - well we know they are!
someone bought them! agree overhang must be nr done by now but main thing is positive news on 3d/ farmouts! this must be two projects for the big players