Research complete: #TRP calls itself “Drill ready” in Cameroon & is clearly comfortable cash wise after a £1.25mill fundraising at 0.325p. It is evident the path has been cleared for Tower Resources to progress in both Cameroon, South Africa & Nambia!
Great interview below 1/4:
Great interview below 1/4:
2/4 interview:
https://www.proactiveinvestors.co.uk/companies/amp/news/936677
Overview:
Warrants priced at a 100% premium at 0.65p with only 1 warrant per 3 placing share.
MCAP currently sits at £6.2m but will swiftly could go to £20m+ as newsflow ramps up on progress on 3 different fronts.
https://www.proactiveinvestors.co.uk/companies/amp/news/936677
Overview:


3/4
South Africa (50% interest) - updated analysis & volumetrics due this week for Algoa-Gamtoos license from New Age the operator.
Namibia (80% interest) - blocks 1910A, 1911 & 1912B - Total drilling Venus well in the region which if a strike will see huge M&A action.


4/4
Cameroon - (100% interest) - NJOM-3 well is drill ready (pending funding) with site survey complete.
Following placing its fully funded for operations and more importantly paid off the death spiral loan facility from Shard Merchant cap and also seeking JV opportunity!

Following placing its fully funded for operations and more importantly paid off the death spiral loan facility from Shard Merchant cap and also seeking JV opportunity!