Member Info for VisitTimor

The EU interesting, many Gas/LNG shipments from Australia diverted to the EU to cover shortfalls, since Putin put the boot in, leading Australian politicians divided, as with Industry players, on how to increase production for Domestic use and maintain its position as No1 in Gas/LNG sales to the world. 🤔

Without compromising its own GREEN agendas. 🙄

More tweaking of TL , investment and Infrastructure policy

(again Portuguese translates well)

http://timor-leste.gov.tl/?p=36102&n=1&lang=pt

TL cosying up to the EU (Portuguese but translates well)

http://timor-leste.gov.tl/?p=36118&n=1&lang=pt

Adelaide South Coast Australia ?

Also further distorts the ratios/volumes as on here it will be seen as 3 trades, original/cancel/amendment, on the real LSE it will end just one entry showing. 🙄

Not weird and seen on many shares daily, the pairs are a reprint of an earlier trade, first being Cancelled or Amended, note the HYPHEN in front, this indicates it is a removal , used by 3rd party sites like this one, on the real LSE ,until recently would have been flagged either CANC or AMND.

The CANC , not so common, the majority are AMND, you will not either a difference in volume or price between the two prints, again no such thing as black trades or mm hocus pocus, just 3rd party sites like this one dealing poorly with events and its guesswork algorithm. 🙄

Back a bit earlier than expected, guess after this mornings churn, still some placing pump and dump overhang still to clear, then the concrete boots and handbrake should come off for a hard bounce....GLALTH

Real lse

Volume

370,048,539

Turnover (on book)

-

The magic happens on most shares when that Turnover , £ gets into the Thousands, routinely zero ( -) to a few £ hundred most shares, most days, multi baggers it usually hits £15-25k, mega baggers like He1 recently sessions running £45k+

No idea what the Turnover on the real lse means , just years of observation seeing what it keeps doing on my shares.

Hosp appt, hope to be back late Monday, to a breakout price beyond that recent 0.0275p, if FOMOF has not kicked in and done it already😉 GLALTH.

Laters.......

https://www.londonstockexchange.com/stock/TRP/tower-resources-plc/company-page

it's why the big deal here is namibia potential multi billion barrel asset, not cameroon 35m. would have been a big deal a few years ago, it was supposed to be drilled years ago and be producing revenues, to prop up trp commitments in the two much, much larger assets, lard **** has taken so long (and not quite there yet) that either of those could now overtake events.

which would be great if ja can get a good deal for once in his life, dosh plus free carry drill/s etc, or its share offset consolidation and ..........🙄

So that was an NPV 10 not NPV , seems a bit high for Africa and most sales basis outside of the likes of the states, run below 10% of the poo

$305 / 24.9 = $12.24 a barrel basis

When asset sales last year in the USA with poo touching $100 a barrel , done at $4 - $8 reserves basis. 12.24 seems a tad high and optimistic unless, they a working by production cycle, which companies rarely get credited anywhere near for. 🤔

Look at the state of Boil its asset valued at over $40 billion production cycle 550-850 mbo/e plus upside, only overheating wildcats like 88e (many times) get £500m MC's on a lot more than 35-40mbo. 😉

So using simplified basics, Tower for what it has UNDEVELOPED, should be sitting at a MC of £25-£30m, with potential rises from each exploration and development + revenues (soon Cameroon) adding to that basic ground floor. Cameroon the baby sibling in the Tower portfolio, JA gets either of the other two moving JV etc and low PENCE not fraction beckon, even with large confetti in play.

As posted many times, bucket shop finance , loss of license, etc, etc, has seen TRP slam dunked and priced to fail, that worm should now turn, into a hard bounce RECOVERY play. 🤔 GLALTH

Oil and Gas values (for sale) are usually on an NPV 10% X Regional Risk factor, for e.g. last time Oil boomed and stayed boomed 2011-13? (hit $155 a barrel peak) Sale prices high as always USA at $12.50 a barrel , while Syria/Iraq $2/4.

But on a basic value, with NPV $305 for Cameroon, its NPV 10 would be $30.5m aka £24.2m.

Today's display has TRP mc £2.79m, so in simplistic terms, that asset should give us almost 10 bags alone, with nothing added for enterprise value, or the additional much, much larger South African and Namibian assets. 🤔

So fair undeveloped value , just holding the discovery asset alone, should have Tower sitting 0.2p not 0.02p🙄

The $64m question right there Aiminvesting, slow burner while the last of eecp churned, or is the new placing also being dumped for safe easy profits with the new wonga in tow, late completion offset trade after close yesterday £95k worth, that held back yesterdays session.

Is another large late completion offset dump being worked today and is it death spiral scum eecp GONE, or just another wonga dumper in play, happy to get out on safe easy profits from 0.018p placing.

If overhang done , it should hard bounce, priced to FAIL, becomes RECOVERY play🤔.........GLALTH

The day it breaks out, will like many others be 100-200%, which from down here MC wise is ,NOT A LOT😉

It was the biggest of steps, that went unrewarded, without the license, NO DRILL.

Now license restored, rig wide slot in place, finance the final piece once in place , WE DRILL

😲💥

First target has to be 0.0275p, a high from just a few sessions ago 🤔

Yep, its always about MC , never shares in issue/sp, MC will rise exponentially once that final piece in place and leading into the drill, just as it has in the past for Tower, who remembers the basement to 7p (yes whole pence) drill rise, sadly that one ended ww oooooooops duster, figures equate to a lot less now (larger share base)

Drill is appraisal to go directly into production and revenues, hence the need for only a 1 year extension granted recently, permit will be renewed and changed to a production license (end of exploration/development phase)

It's on an already drilled and discovered reservoir, not a wildcat drill🤔........GLALTH.

Volume ended well over 2 billion shares yesterday, expecting more of the same today, especially with imminent finance being 18 months old, imagine that landing rns o'clock 7am Monday 😉😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Hardly moved yet, just like yesterday and then an after close offset completion trade dump £95k, see what the status is later today, then we will know, big week next week, or perhaps still some more of the same.

As posted yesterday, from 0/3 to now 2/3 pieces in place, we should recover from being priced to FAIL, if clear to move FOMOF should do the trick to clear the eecp fumes remaining.

Fear Of Missing Out Friday's - WNWTBOOTOTW.2

Its a real thing like coke

chose your own 😉😂

After close offset dump for about 15% profit at 0.018, was it the last throws of eecp (fumes/near gone) or the new placing starting to be dumped already....🤔

15-Feb-24 16:38:05 0.02014 470,000,000 £94.66k O

Will know soon enough, death spiral scum gone, we boom, we move slow/stall you know the answer😉

Always thought that saying was .........than a snakes rectum ?😉😂