George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Thank you @Jubilee, sometimes it’s easy to lose sight when you are badly burnt by the old management.
Sooo I believe it's a nice price and the money I need to retire lol. But seriously if all things go well upto half year with sorting out creditors etc I believe £1.25 achievable also us getting oil in April
SiPi we have more than 140 mboe in Ghana alone, Tullow will make 7 billions in profit in the next 10 years, if you divide it by the outstanding number of shares and do the DFC you have more than 1.25p per share.
The "expert" who sold at 43p has spoken. Don't daytrade, don't try to predict the markets, if you like the company and like oil buy and hold, the share is undervalued, it's stupid to sell just because is has gone up 10%, where are you going to find any other share that it is as undervalued as Tullow Oil?
I think every share will go up in waves and following TLW that always been its case after a week of constant rise, a slight retrace is natural effect when no further news is expected until 10th March. Secondly, Brent price has retraced slightly to around $64 which will have a negative sentiment to all oil companies come Monday and especially when OPEC meeting on 4th March planning to also increase production, which could even see oil hit back to $63 this week. its all IMO I'm not a G-d but that's my reason for waiting it out.
LordNaz, why do you think 125p is achievable?
Em88, why do you think there will be retrace?
Bye Bye
Lets see How Monday Plays out, I held TWL sold at 43. Happy with my decision but will re-access entry if it hits 36p which I think it looks like it will.
Em88, the low of the day was 42.74, so not near to 40.....
If you’re trying to put a negative spin on today, at least get some facts rights.
Tuesday there will be monster draw in crude storage levels, Wednesday it will be confirmed. SA/Russia posturing. Both want oil over 70, 80 ok too. I'd be a bit concerned a out that short trade ur in. 10th March rbl confirmation, oil well over the levels noted in plans. Drill coming up, tlw due luck at the bit.
I was plose to selling this morning on the increase, glad I did not. Next week going to be interesting
only my opinion - was pretty close to 40 at one point - def didn't have a moon day as you all were pumping for
lol
EM88, you saw it finishing at 40 today a few hours ago!
I would suggest we are more likely to see 50p than 36p next week. The only reason it didn't gain 8-10% today is because of the wider market slump.
Hope it will recover following week though ahead of RBL approval anticipation
Can even see this go to 36p Mid week ahead of OPEC meeting, USD dollar up causing a retrace in oil prices - unless some positive news on drilling looking for another red day Monday
BLUE MOON DAY BLUE MOON DAY BLUE MOON DAY
As a LTH i am not worried at all. Really happy with RNS today. We are at the beginning of our journey.
Chart analysis, but im hoping it doesn't retrave hence why I'm still in, but this stock, i have no hope in it, I'm in it for the short term, im hoping it'll hit 70 and then the next hope is 1£. If this doesn't yop 47, then we may have a week of just retracement, unless the effects of news takes charge
When TLW hits 50 I will open a bottle of special wine and when the SP will be £1 then it's time for Dom Perignon.
khkh - what makes you believe that ?
Im just another registered user..? Why?
Who ARE YOU????? Khhhhh