Member Info for VisitTimor

For a rare as rocking horse 💩occasion you could be right, BUT if positive news lands you will be way off the mark, that 50% could easily turn into 500% and more, that is still only 0.1p and a MC of £35m and its always about MC never sp, unless a trader skimmer or scalper in for an ickle spike, not the real journey like INVESTORS....... GLALTH. 😜📰💥

Upland pending drill later this year MC $51m, Boil fallen back but recently hit an MC of £49.85m , also drilling Q4

Tower drilling an appraisal to go to production ASAP on an already drilled , triple discovery asset with more upside.

Very high % chance Tower will surpass that £50m barrier on an appraisal/production well (not a wildcat)

Take 88e, on many occasions over 10 years has hit MC £250m-£485m, just on the prospect, this could be the one that gives them flowing oil.

Current MC for Tower , breathing with a snorkel down in the flooded market basement, remains gutted & priced to FAIL.

JA can change that perception in an instant, with just a few positive words in an RNA update over the rns news wire.

Finance secured, drill confirmed - TRANSFORMATION in play....... 🤔

Perenco remain the most likely to partner now , or take control after NJOM-3 drilled. Big payday and/or future revenues in play for Tower to fund its other BIGGER licenses.

London-based independent Tower Resources is also leading exploration within the Rio del Ray Basin under its Thali PSC, which is estimated to hold at least four distinct play systems, including two established plays in which three discovery wells have already been drilled. Earlier this month, Cameroon’s Ministry of Mines, Industry and Technological Development extended the first exploration period of the Thali PSC through February 2025. The contract requires the drilling of one exploration well – NJOM-3 – for which Tower Resources has contracted the Norve jack-up rig, expected to mobilize between June and August 2024.

They want it , we want it, just need JA to finally deliver that loooooooooooooooooooooong imminent finance. 🤔

February 28th 2024 Industry Magazine article....

As a mature producer, Cameroon is at a critical crossroads in its oil and gas development, requiring new exploration to offset diminishing reserves, while finding alternative pathways to monetize small and stranded gas reserves. As a result, the country has attracted a slew of independent explorers who are launching new exploration activities and developing marginal assets, as well as brought online one of the most innovative floating LNG facilities globally.

At the helm of upstream exploration, Anglo-French independent Perenco signed a new 20-year PSC with Cameroon’s National Hydrocarbons Company (SNH) last June for continued development of the Rio del Rey Basin, which has produced more than one billion barrels of oil to date and has estimated remaining reserves of approximately 1.2 billion barrels of oil equivalent. In the same month, Perenco brought online the South Kole Marine Oil Development – a marginal field that currently produces over 3,800 barrels per day (bpd) – following the company’s eight-month development program.

more to follow......

Question is can we get higher, like attack 0.03 pre news as we did recently, before stopped in it's tracks by another issue of confetti , that should be clear/on fumes and free to move on news. Only finance we want to see now is external not equity starting with funds to firm up that rig slot. 🤔😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

📰👀👁👁👀👁‍🗨👁‍🗨👀🤪😜

CORRECTON , dam that decimal point 16640m in issue

Approaching 185m traded today 1664m in issue, volume and herd still required for a real BLUE SKY breakout

OR

RNA update over the rns news wire........

Hearing the herd has heard something about , overdue and imminent news, has to arrive one day soon, or he will lose the slot again and this time probably the license, only a short extension given by Cameroon this time, which could be two fold, he has worn out their welcome mat, or short only required, as after successful APPRAISAL to production well (not a wildcat) it would have to be upgraded anyway. 🤔

Come on JA you can do it, credibility hands by a thread, join the list of noble shady aim ceo's in the hall of fame that did

Zero to HERO , for their shareholders.................. 🙄👍

Have not been paying attention then, Tower often sees £10-£30k trades , 50m shares is not a big trade at these prices

When Boil finally moved last year , had many £100k plus trades and a whopping £364k, expect some of that ilk here, when JA finalises his 4 year finance and drill slot arrangements , this time/year 😉😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Was still 2200 mbo drilled reserves v towers 40-50 million cameroon.

Tower a small Cameroon field, with two others with billion/s barrel potential , yet to be drilled/proven, so which one was the minnow ? Good word indeed Cliveas Skulduggery at its finest indeed.

Warned them two years ago and got shot down , all they could see was Arty Farty Pants on fire ceo and his big share purchase at 35p, while sp still sliding, pointed out he did the same thing 10 years earlier , at the equivalent of £2 - £3 a share on both the London and Canadian open markets , while paying himself over £1m a year and allowances for all those years, such hardship to throw some back in strategically.😲 to keep the crowd 🤐 and onside.

Copl was main market with up to 2.2 billion barrels of drilled on the books, hardly a tiddler, corruption left right and centre.

Without its consolidations also moved from 2 billion shares to 367 billion shares, on what appeared great success lol 😲

And the far more important external news stuff, a route to market and facilities acceptable to TL and monetise the Gas. 🤔

Plenty of near term catalysts that can add or even finally give some value to our unloved gas, our 60% of 3.5 tcf plus upside is currently valued at low pence per barrel, our 60% 357mbo/e our MC 16.58m

Just need some news and volume now it appears 👍

AIMX 146m with AQSE 4m

150m not a lot , on a share with a record session over 6000m, when less shares in issue.

Just need AB and his team to deliver , that long promised by Yeo ho ho and co, pregnancy rich news period 😉😂

The new ENI/Santos agreement was for NEW assets in the whole Timor Sea region, Indonesian , TL and Australian waters, which if thinks fall into place, Beaco would provide a 3rd potential refinery coverage for them, plenty of infrastructure in Indonesia, Sun Hub / Beaco and their own Barossa/Darwin HUB.

Can see why Woodside moved on Santos recently (talks ended without a merge/takeover deal) Woodside not long ago absorbed BHP , it had some remaining Indonesian assets.

Woodside flexing its muscles, Santos resisted, can only mean BOTH have big plans across the whole Timor Sea region.🤔🤔

Clarify that last on , the TRILLIONS, was Yen , so big money but not as dramatic as if $'s or £'s 😅

The ENI and Santos was just an extension to their already in place JV, Bayu Undan was ENI/Santos and SK Korea , who last read now also own part of their Darwin facilities , likewise ENI Evans Shoal and Barossa they had plans to develop together via the Barossa HUB and almost complete new pipeline to Darwin.

It's no mistake they when no one interested in the TL Bid round , each Cherry picked the two most prominent ,on trend licenses , Wider Bayu Area R (Santos) area P ENI, long thought to be the host to the Hydrocarbon Kitchen that feeds both our Chuditch license and Greater Sunrise.

2 years ago Japan Gov gave out TRILLIONS to it's companies , to go out and secure its future, that was extended to Woodside about 18 months ago , with INPEX and all Japanese companies available to assist if/when required, with the lot backed by Japan's own Government Bank to finance.

TotalEnergies in the area as are Exxon , BP and many others, South East and Western OZ, Unless they make a move, still see the above players as our most likely combo with Japan/OZ looking for the offtakes.

All subject to the elephant in the room , China BRI/GDI CNOOC plans and support to TL , soon to be revealed 🤔

Likewise figures distorted by cancelled or amended trades, in the case of an amendment , it will show up as 3 trades on 3rd party sites , original , canc/amnd and finally the correct print, all carrying the same time stamp. On 3rd party sites those will be seen with a HYPHEN - prefix against , usually price/volume/cost.

Only those involved in the actual trade, ever know the true status of any transaction. 🙄

As previous , unknown just chokes , nothing to do with dark arts , black trades or mm hocus pocus, that's just traders skimmers and scalpers pumpers excuses to suit their agenda. 🙄

Trades which is all the real exchange prints are mislabelled in both directions on most shares, what you see on 3rd party sites like this one ,is their rehash of the original exchange trade, trying to be helpful with trends ratio's etc, with a BEST GUESS on all.

Zero to do with MM/Market just a really dimbo Algo GUESSING , its as simple and tragic as, based on what IT thinks is the current range and mid price.

All above BUY , never the case, all below SELL ditto and all it chokes on , exactly on its mid, delayed trades , or now seen outside of its range = UNKNOWN, that popular button we all push daily. 😉😂