George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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And this is why we are worth more than 150p - because the new buyer will expect more efficiency from TLWs producing sites.
Na its just his opinion.... they just saying they can do a better job if tullow let them to get 10 and jubilee upto scratch but tullow too busy with Guyana and kenya. Well we knew that.
The headline is misleading - nothing certain about this acquisition
I seriously wouldnt mind a takeover from total at £1.50 a share. Even if dorothy rejects it our share price would start the day there.
This one https://www.newsguideafrica.com/2019/12/total-to-be-named-new-owner-of-tullow.html?m=1
This link covers what we know - but from a different perspective
https://www.ghanaweb.com/GhanaHomePage/features/Alex-Mould-writes-on-Tullow-oil-crisis-All-is-not-gloomy-for-Ghana-812701
I agree but id take it. Or itd be start to negotiations at least.
That post with the link total taking over has vanished.
I think 150 is far too cheap.
Jubilee is fine. They just stopped spending any money there and used it as a cash cow. Mcdade was stupid. He should of made sure production stayed higher. In the conference call the guy sounded pretty confident he can get much better out of the field if they let him spend some capex. So I think this 70kbp was just a base line easy to beat.
From my understanding they will sell kenya and uganda but not in a rush only when price is right. Total should just pay us £1.50 a share and the debt and take it all. Im guessing they waiting on guyana. They can have ten/jubilee/kenya/uganda(33%)/guyana. But if guyana strikes good then 200p.
It's early days but maybe it would be better for Total to operate Jubilee and for TLW to be a silent partner.
Well we got jubilee and ten. Both world class but mcdade stopped spending money there! And kept searching for more oil even though we got uganda and kenya total 2 billion barrels there!
Is Jubilee TLWs best asset - it is described as world class ?
So they taking over our producing fields!?
250p
What does this equate to share price wise?
$1.6B
At what price though ?
Wildcat drilling is never a forgone conclusion. In Fact its risky and why Tullow only have less than 50% with Repsol taking the lead.
The after hours sellers missed this info??
You'll only know when it's a discovery or not once drilling and wire line logging is complete. Were still drilling 60 days from 20th of october gla
"imho it’s a pretty foregone conclusion that is a major oil discovery"
Utter nonsense.
Just a matter of time though, imho it’s a pretty foregone conclusion that is a major oil discovery and recovery/production will happen quickly and our sp will rocket up and beyond 2/3/4£... :-) £Kerching!
Doesn't say anything about carapa not yet