George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Tullows been good to me and my family this last 12 months - we're going nowhere - come on Tullow!!!!!
I have been in this stock for many years and it has been good to me and I even bought under 10p. I agree that it will take a couple of years if things go to plan - but other than Kenya news there is no need for me to be holding as this is not going to shoot up and the shorts know it.
nothing, NOTHING, has changed for the worse. tallow is going for the low hanging fruit at the moment. low risk high success possibility. new wells in exiting field. kenya update coming soon. new people fit for the job to do at this current phase in time.
high oil price doesn't hurt us even with the hedging! please stop this yammering. it is just not AS high as the daily price. But still a lot higher than envisioned in the 10 year plan., and guaranteed! And the unhedged percentage still profits from the current oil price. so net, still very good. new wells will profit too.
i have a lot of trust in these golden tickets.
Understood but I really don't get the sense you have followed Tullow for very long, Kenya and the other asset they recently sold were the prized possessions. People have a tendency to forget, they're a good producer and will increase production in a matter of a few years now. This isn't a get rich quick share, let me know what is.
Daragh,
If it wasn't for Kenya, I would be all out - as it will take too long to see a significant rise in the SP with poo and production alone.
That's the big question, clearly nothing into the share at present. I think if you base it on what was in H1 and roughly add another approx 150m, which is a guestimate. This is all positive though since 75% is only hedged and we'll have an increase in production from new wells. Its only a trading statement/Forecast in Nov. I think Kenya will be the bumper ride.
Daragh,
If this cash flow is expected - how much of it is priced in?
Even plausible, its not what's going to lift this share price. The forecasted cash receipts in Nov should help things. I suspect, Kenya will boost things also.
Don't think it's even possible,terms of the finance don't allow i believe.
i wouldn't get hung up on this, debt paid down, Kenya finance, Share buy back, then maybe dividends, Years away.
I reckon TLW could be given out dividends in their next trading update.
Without the hedging strategy Tullow would have been in major difficulty last year and years ago. You seem to neglect any sort of research, as to why companies hedge.
Highest cash flow, except the oil companies that hedged or had to hedge at the wrong oil price
rats or******...?!
Good news must be due as the shorters are working really hard walking this down everyday whilst Oil Prices continue to rise.
Total disconnect from OP going up bet gets whacked every time it has a slight drop , couple more weeks of this I think before we clear out the rats causing all the manipulation.
NOTE:
That wasn’t aimed at just TLW Board, I see it on many I’m invested in and frequent..
Love the thought of starting a fight without you.. I watched Fight Club recently and had images of a lonely man at back of Tesco’s punching and grappling with himself :)
Additionally, it’s funny how most ( ok, some ) Posters, publicise it’s a great 2year hold investment, you see the vision in Management etc
Then moan within 2/3 months it’s not at your desired level
The Dips and peeks are more in recent times IMO, due to impatient profit seekers chasing the next hype.
$85.50 on the PoO now so maybe it will just keep going to $90 per barrel.
Opec head honcho said they are in no hurry to cut production.
I'll be there 3pm Kettering, if I'm late due to sp hitting 90p start without me.
lol.
Poo is due a pullback, before surging much higher.
BloodyRedBaron
If anyone wants a drunken fight about it meet me behind the car park of Tesco Kettering.
My first real laugh of the day so cheers for that :-)
GLA (genuine) LTH
I'm not going to get involved in the drama. I can afford to hold for the time being and that's what I'm going to do. I've seen nothing but good things from Rahul and I think his latest appointment is an excellent choice. In fact I don't think the market realise what a good choice it is and what he can do for Tullow. Share price is currently being abused but they can't change the fact oil is over $85. This will show in the end of year results when they're published next year and hopefully we'll see a swing from over a billion loss in 2020 to a profit in 2021. That and few good RNS's along the way and we'll be flying. Also, we know Tullow is not going bust anymore so the shorts will need an exit point as they can't hold forever. So just a waiting game now.
I'll be positive when there is something to be positive about. Namely 65p. Until then I shall be mostly in a deep dark depression that will spill over here. If anyone wants a drunken fight about it meet me behind the car park of Tesco Kettering.
Oil price is the highest it's been in years and new highs were reached today, yet quite a few negative comments on here. Guys let's have more positivity please, likes of Anton and Big Risky regularly posting good comments and we need more. We're at a tad under 50p, given the Co. fundamentals and Energy stocks back in favour with the astronomical price of Oil would have expected 65p by now but it's just a case of being patient. Tullow has everything going for it, a bit slower than we'd hoped but let's just be patient. In terms of value for money Tullow is a bargain for anything under 70p right now. As soon as a strategic partner is announced this will add probably 15p in 1 day IMHO. So guys don't scare off potential investors with your childish squabbling and look at the bigger picture.