From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Results: TRP

Search articles by EPIC code

Are the stars aligning at Tower Resources?

I worry if I am losing my mind, but Tower Resources (TRP) is fast becoming a conviction buy for me. Yesterday the company announced the appointment of two relatively heavyweight technical directors to the board. Following on from recent institutional support, successful acquisition of the Thali Production Sharing Contract (PSC) offshore Cameroon and a flurry of insider purchase, the signs are all there that some significant is happening for this shock.


Tower Resources; plague stock on the mend?

Whenever I mention Tower Resources (TRP) to anyone it’s as if I’ve asked him or her if they enjoy incest and Morris dancing. At the same time (because surely you cannot have one without the other). Tower appears to be as loathed a stock on AIM as one could imagine. With its miserable history, 6.7billion shares in issue and 0.16p share price it’s no wonder this oil & gas exploration company seems to feature at the top of most people’s bargepole lists. What could there possibly be to love?


Tower Resources – life in the old dog yet?

Tower Resources (TRP) has become surprisingly interesting over the last few weeks. With a number of high profile oil exploration failures under its belt and 6.7billion shares in issue, Tower bears most of the hallmarks of your typical common or garden AIM cesspit stock. The 0.19p share price hardly inspires confidence. So, when the company came to raise £5.2million net on 15 July the market’s collective shrug of the shoulders was hardly a surprise. However, closer examination of the fundraising reveals a more intriguing story to the usual “keeping the lights on” package that has become all too familiar for small resource stocks in this market.

Page 3 of 4 (39 articles)
Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Complete Coverage

Recent Comments