1. Limited financial resources - Tower Resources Ltd has limited financial resources compared to its peers, which may limit its ability to invest in new projects and expand its operations.
2. Limited production capacity - The company has a relatively small production capacity compared to its peers, which may limit its ability to meet growing demand for its products.
3. Limited geographic reach - Tower Resources Ltd operates primarily in Africa, which may limit its ability to diversify its operations and reduce its exposure to regional risks.
4. Dependence on a single project - The company's success is largely dependent on the success of its flagship project, the Thali Block in Cameroon. This dependence may increase the company's risk profile and limit its ability to weather market downturns.
5. Limited experience - Tower Resources Ltd is a relatively new company with limited experience in the oil and gas industry compared to its peers. This may limit its ability to compete effectively in the market and navigate complex regulatory environments.
6. Limited brand recognition - The company has limited brand recognition compared to its peers, which may limit its ability to attract investors and customers.
7. High operating costs - The company's operating costs are relatively high compared to its peers, which may limit its profitability and ability to invest in new projects.
