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has to be update on Cameroon drill

interesting

Brulpadda and says towards the end of the video TRP watching Totals drill with keen interest

WELL Brulpadda is a success!

https://www.bing.com/videos/search?q=tower+resources&qft=+filterui%3avideoage-lt525600&view=detail&mid=76E2B1F7177C0268BB3076E2B1F7177C0268BB30&&FORM=VRDGAR

£10k flutter

bid is rising! L2 looks very strong

james this is TRP not Katoro!

and that's before Totals big find!!!!!!!

than me and I suspect many here think TRP is very under valued!

Tower Resources as valued by the Relative Valuation Technique

Current Price
1.07p
Mkt Cap: £ 5.09m
Implied Valuation*
1.72p
(61.0% undervalued)

imo has the potential to be the best performing oily of 2019 without doubt.

Latino

hey apologies if my comment rub salt in a wound I have researched TRP over the last decade and for LTH boy its been painfull.

Right here right now though things look bloody interesting!

Big oily like Total finding this new Gas and Oil large find bodes well for tiny mcap Tower.

Yes the bod have destroyed LTH wealth but the last 5 years has seen the oil business throw up incredible surprises. TRP needed to survive for the next 5 years maybe for the BIG payday LTH need.

My advice here today is top up and I know many will scream they've done that for years but the sad fact is maybe they were the ones who havnt done their research.

Today I am a buyer purely on facts recent finds in the locality and same trend back up my research.

on the prowl as I said elsewhere they are making bags cash BP Shell Esso Chevron all making good money at $60

bodes well for Total to look at little TRP block

totally overlooked at present I know shareholders been hit hard in recent years but this looks like a turn

expect farm in news here soon little voices

crude thanks for that as I can see TRP looks undervalued indeed especially with Totals massive finds 150km west on the same play!

Its early but best time to buy Tower Resources if Total made a farm in move I expect many %%% rise here

The well was drilled to a total depth of 3,633 metres and encountered 57 metres of net pay in Lower Cretaceous reservoirs, and with this discovery opens a new world class gas and oil play. Total have stated that they believe the new discovery could hold between 500 million to over one billion barrels of oil equivalent and they now intend to drill several further exploration wells on Block 11B/12B to test additional prospects.

https://www.towerresources.co.uk/wp-content/uploads/2018/09/P253NewAgeSouthAfricaRegionalMap17-9-18.jpg

looking at the location of the Brulpadda well Total have announced as a new oil and gas region its looking really interesting for a farm in for TRP

Importantly, the Brulpadda well has successfully tested the Lower Cretaceous turbidite fan play of the Outeniqua basin slope, which is interpreted to extend along strike into the southern part of the Algoa-Gamtoos block, in which the Operator, New Age, has identified on 2D seismic a substantial prospect.
The Operator has assessed the analogue prospect potential on the Algoa-Gamtoos block at 364 million boe on an unrisked basis from 2D reprocessed data, which is an increase on its previous 2018 estimate. Envoi, on behalf of the Operator, New Age and Tower have been contracted to facilitate a farm-out of equity in the licence, and a data room is currently open.

Block 11B/12B is located adjacent to the Algoa-Gamtoos licence, operated by 50% partner New Age Energy Algoa (Pty) Ltd ("New Age") and held 50% by Tower. The Algoa-Gamtoos license also contains the southern deepwater basin margin of the Outeniqua Basin that was targeted by Total's Brulpadda well and is approximately 150 kms along strike to the east from the Brulpadda discovery.
Importantly, the Brulpadda well has successfully tested the Lower Cretaceous turbidite fan play of the Outeniqua basin slope, which is interpreted to extend along strike into the southern part of the Algoa-Gamtoos block, in which the Operator, New Age, has identified on 2D seismic a substantial prospect.

so many beaten down oilies AND YET BIG OIL LIKE

BP SHELL CHEVRON ect ect prove theres damn good money to be had at $60 oil

patience would be the watchword sadly many don't get it.