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Oil up 4.5% at just under $48, pricing in the increased demand after Easter (once the vulnerable have the vaccine) and opec cuts continuing. The project looking more and more appealing, lack of news means one thing, no deal has been done. Whether that's by choice, or bod are waiting for a better outlook before committing, thats anyones guess, imo.
True PAD, but a non progressive update might damage share price even further, imo. Hence id rather wait for the progressive update, there's a lot to update on, financing, potential farm ins, majors in discussion, drilling timelines. But clearly no financing no drilling, and one relies I the other in a domino effect.
3D needed in sa. Financing needed for the small fry. Xmas time approaching, we should have an update very soon , maybe Monday, that would be nice, certainly before Xmas I'd hope. But not concerned if not, we aren't burning cash at a high rate right now. Financing probably easier in new year when covid situation better known.
Haha, mm trying to get someone to sell their shares on the cheap it seems.. lol! Low value sells... keeping the bid low and the ask at .50 (reducing the chance of others buying, as that makes shares even more in short supply). There will be some decent buys this afternoon id say, maybe even a move. Maybe a tree shake this afternoon if they don't get their sellers... or just a move up! Let's hope news lands Monday, certainly expecting news very soon thats for sure.
I remember someone saying that JA has 29.9%, unsure if thats true. But this is from the website.
https://www.towerresources.co.uk/investor-relations/shareholder-information/significant-shareholders/
JA is in this for the long term, may he is the person to buy them all up, seems the most likely person to do so at current levels. But you have to get the vote through of course.
Also meant to say TRP were at the party in Africa way before all the majors that are there today, way before it was thought there was large scale oil and gas (otherwise the majors would davenport already been there), they had choice of the blocks and went for the blocks with large structures for example, the most appealing blocks. The majors are taking up what was left... another reason I'm invested I am hoping they picked the right blocks, but it doesn't matter now, there's oil all over the place, all around our blocks, so that tells me they got the right blocks.
Agree PAD, this is about to take off imo. There are so many options for TRP, the more drilling around our blocks, the more oil/gas they are going to find, the area is rich in resource, the more they find the more valuable your block becomes, as simple as that. Soden from Africa energy has already said there is even more than total found in the east of that block, thats where TRP are. No one these days really drills without 3D, as the 3D isnt as expensive as it used to be and it gives you greater confidence/certainty. Drilling is expensive hence you'd rather get it done right 1st time. Just my opinion, not trying to guide anyone to buy, the news is out there for all to see, simple Google search is all you need to do. I posted some recent articles the other day, the new age Web site and TRP ones are also a good source, although slightly outdated. I can't believe people would invest without reading them tbh.
Hi kibz1, if you are referring to me, I'd suggest you read my posts properly. My post was broken up in a number of posts, so possibly how you have incorrectly made your comment about, how i was telling people this means there is an incoming RNS. I initially said,
1 share traded
I need shares.. if you believe the trade codes
You can Google trade codes yourself and take a read, plenty of sites talk about them. I said, IF you believe the trade codes! I in fact got the code wrong and was correcting myself, as 100 means I need shares, supposedly! Its up to you whether you believe them or not... there is no proof or facts on them, some people believe some do not. Thats up to you. But please don't suggest I'm telling People there is an RNS on its way... as another poster said, they have seen them loads of times and no RNS.
Thanks