Member Info for 8ead

Thats some happy juice haha

Slift your looking at it all wrong, right now we stabilise, increase production and profitability into our established assets and inject a £150m into the bank, an excellent strategy and decision.

Your taling 9 -13 years away?? What about the next 3-5, we can focus on new projects and prospects in the next decade.

What Rahul is doing is streamlining this well oiled ship (pun intended) to be an extremely cash positive and business positive position. We don't need panoro so he got an excellent deal and as we are seeing with the SP showing everyone Tullow is only going one way... UP

Ant, I'm sitting in the same spot, my thought is I think we will see a spike and rerate straight to between 45 and 50p then a tops live by most like me to mitigate any risk and take profit.

I genuinely think new base line will sit at 40s at which point depending on Poo and further developments in Suriname etc I will buy back in / add further to my holding.

If we find a well in Suriname, all bets are off and ill just watch it grow over the next 12 months and fully enjoy my investment.

Thats my strategy for this share. Be good to hear others

DYOR
GLA

I have Stuart I do agree, but I'll be honest, motley tipped me both NeX and cine and I've nearly 3 bagged on nex and doubled up on cine by averaging down (risky at the time I know)

Exposure is a positive Motley cover enough shares they have to be right about some of them ha

Sold last month as the profits here covered some losses elsewhere, jsut bought back in for pretty much what I sold for - here to a positive meeting monday - I think a JV or deal with AA will be done, each to their own but id rather be in and risk some retrace than miss out on positive news and it jumpt to 8p + plus on monday

thanks SiPi,

Wow and this ladies and gnetleman is exactly what we mean by the news trickling through to the masses - the markeet had turned its eyes away from tullow, thought it had seen its day.... now someone has spotted it and giving it its platform, this is going to be an exciting 2 months.

Does anyone know when the 70 days started fro the suriname drill - we should expect results then.

I am being abit rampy but its just looking extremely positive, one final hurdle/ tick in the box and this investment which was extremely risky a couple of months ago, could turn out to see me double my investment within the next 6 weeks!

Slarti - yes but that is over a ten year period - once we at the point hitting the required numbers annually - we shall see the £1 which I reckon we will be this time next year, this year after next month I fully expect us to move between 50 - 70p depending on POO, suriname and global factors but once we produce annual finances of 2021, this will be £1 plus.

Just IMO DYOR

This companies turnaround is one of the most impressive I have seen, in such a short space of time and in current conditions, incredible.I just hope the LTH who were hit by previous leadership failings can stick around to get their £2 a share back, because this will see it in the next 3-5

Agreed, this isnt ike getting the results from the projects so techincally no value but its at these points in companies where if you buy into their products and assets then we see the biggest returns.

Im waiting for my Tullow RBL to hit and then going to slice and move more into here probs pick up another million.

https://www.metalary.com/manganese-price/

Also used in so many industrial products - stainless steel, alluminium alloy, beverage cans, car batteries.

So we have copper, gold and manganese mining projects - good portfolio

Been doing some more research on this and its getting a lot of press coverage for being third metal for electric vehicles no one is talking about!

With the the PGMs have risen along with copper, we could be ahead of the game here

Absolutely fantastic news and to have been granted the license we've had in application since June is also huge! 130km off new unexplored prospects in the copper belt, I have been banging my head for 6 months waiting for this,

Now we have ithe foundation I'm glad I made the right investment, if and when we hit what we are looking for, we could be worth some serious money!!

We just need to be looking for JV for production down the line I think

I'm sorry but every keeps talking up tlow having debt, nearly every company has debt. The issue we had was how to pay it and we have solved that problem and then some, we are sitting on 20% POO profit we hadn't accounted for, streamlined organisation and sold non profitable assets putting us in excellent shape.

Everyone who has a mortgage, has debt, but if you have an income then it's no worry at all, same with tullow.

We need to move on, debt is a past problem, we've solved, it stop flogging a dead horse as the saying goes.

Tullow is a Strong buy at 30p

Just an objective look at why we are trading in the small range.

When this dropped to low 20's it was primed for a bounce hopefully a number of savvy traders have got the 40/50% profit and are currently moving on
Those buying in off the back off this excellent news sitting waiting for their slice of the pie on the next move up - like I am, I actrually averaged up this morning - woohoo!

30 -31p new resistantce base line so if you have bought in below or around here your money is safe going forward.

Exposure - fair to say Tullow was a forgotten sinking ship after 2020 and wont be on alot of investors watchlists, it will need time for all the positive work and improvements to leak and get through and that is also a massive factor.

RBL and cast iron finance plan - most investors like to mitigate risk as little as possible. this is that last tick in the box to completre the puzzle. Once we have a positive RBL, there is NO downsides left on technical and fundamentals (market can change obviously with POO or another global pandemic).

ive no doubt at the top deal are being done, handshakes (sanitized) made and MMs, HFs, Shorters, all effect the share price to some extent but there are a 100 reasons for SP, including sentiment and momentum, very human factors.

All in all when the fundamentals are good, like Tullows now are, then trust them.

I am learning and have learnt that timing is everything and the quick wins are very few and far between. if you get in at this price, have 12 months tro not need your money, we will likely see this this double if not triple in that time.

GLA

The buy and sell spread is so thin, must be desperate for shares

Excellent news

They have sold off prospects to focus on high profit assets either in production and in doing so weighted our balance sheet in what I can only say is an incredible work of business acumen.

After the way the year has battered so many business, some in much better positions than this was. Too have such a positive cash flow, debt management boxed off, investment and production highly optimised making it more profitable than we thought possible. I'm in a very good and relaxed placed with this company and share.

I would like to see the excellent positive steps reflected in the SP but that will come over the next few weeks, once the powers at the top get out unscathed they will let it go to where it should be and that is genuinely 50p plus, nevermore my 40p milestone

Aaah get you, good spot

Hi android where can you see/find that info?

watching the chart this morning htis looks like the level shorters are trying to get out, so might be a slow day for the upswing, but im just about to sell another holding to top up here, as I think come tomorrow afternoon, friday, shorters will have reduced what they are going to and this is going up, no one is thinking otherwise.

So happy I stayed with this, was a bit of a higher risk than usual but it has certainly paid off now and with the RBL, that is going ot have a real impact