Member Info for Adieuk32

Yes, why waste all you're day, posting on a share BB, when you don't hold any shares?

The SP could blow anytime now, allot of news is due over the next few months.

1. Kenya FDP Approval

2. Ghana Gas agreement

3. Ten Development POD Approval

4. Hedges fall off in May

5. Arbitration results on Ghana Tax dispute.

6. Cote d'Voire, 2024 Well Spud Date (Opposite Ten Licence) Announced.

7. Gabon SIMBA Development update.

8. FPSO Lease is up for renewal in April, Opportunity to BUY the FPSO, Continue leasing (But on a new reduced charge) or Alternative methods.

9. Decision on a NEW RIG, for 2025 Drilling

Plenty of NEWS stream, to get this SP Higher

GL ALL

Del

He’s getting desperate, 2 posts reply says it all.

When I’m on my luxury yacht in the middle of the Mediterranean Sea, with my Tullow Pension fund, he’ll still be barking on how he made double on his Giro funds.

Filter and ignore, best option for likes of the SCUM BAG SHORTERS.

Gl all

gogadget.

it must be true, i believe everything he says, the world is flat, aliens do exist, and the good old 39p saga.

he needs to keep off those dodgy ***s, next he will be saying elvis has been spotted on the moon, which is made out of cheese.

anton

yes 2 posts reply, is desperate stuff. i suppose i would if i had been on here since the £3 days.

being bitter, shortens your life, oh **** carry on maxine, ignore the last bit.

gl all, another day closer to results.

with the 2023 accounts showing a gearing below the 1.5x which is required by the bond holders, i wonder if a dividend will be re-stated, just like enquest are looking into in their update today?

gone eerily quite on the volume side, is the spring about to be released?

ignore the scum shorters, they’re ****ed as they can’t close their shorts, due to everyone sitting on their hands.

the short squeeze, is getting ever tighter, patience is more important now, than ever.

gl all

Try December 2021 it was submitted.

Just waiting on a few more brown envelopes to seal the deal.

Corruption at its best.

Gl all

You have to ask yourself, why Roald Goethe, sold some of his bonds at a discount, and purchased a tranche of shares at 38p.

Does he think his investment is worth a maximum of 2p a share for the whole of 2024, when he has been receiving a nice 7.5% annual interest on the bond.

Wake up, he owns 22 Million shares, is a very prudent business man, with greater knowledge of what is going on within the Tullow camp.

As they say follow the money.

Gl all

They can do the fook they want, but still have to pay us our back costs of $2 Billion.

Gl all

another one blowing their own.

ffs we don’t give a ****e, what you said or when you said it.

move on from the past, it’s the future i care about.

gl all

Flavious

I would send an email to IR, but I doubt they would take it onboard.

Where’s Rahul, is he still on his Xmas break? Last time he was seen was last year.

Whatever is going on here, the company clearly have their own agenda, and not bothered about the swings in the SP.

The Board need to give the Kenya & Ghana government a good kick, and let them know we are fecked off with their delays.

I’m sure something M&A is going on, as they are not promoting the company anymore, by way of CMD.

We shall see, but on the plus side, another few thousand shares at bargain price

Gl all

Something brewing behind the scenes, which the Board are happy for it to sink!!

The failed Cairn merger, is a distant memory, but surely the vultures are looming.

I’m sure we will find out before the results.

Gl all

Damn leap year, 4 weeks tomorrow.

Gl all

We should know more in a few weeks time.

It’s starting to tick up.

Gl all

JMAX

Posted in: TLW

Posts: 2,272

Price: 17.415

No Opinion

RE: Private11 Mar 2020 15:23

Low ball is possible. However, I would expect that the negotiations have been going on since before the oil crash, and low ball will attract the attention of other players and this could drag on and raise the T/O price. So I think 90p plus would secure.

So how’s the 90p take over going?

You’ve been sprouting a T/O, long before I mentioned it.

A good liar, also needs a good memory. You my friend only have the first.

Good luck LTH

I’ve read it all now, Gingy

“If we get good news with regards to Kenya, it will have no positive impact on the share price”

What an absolute plonker, you really are, what 🌍 are you from?

100% of 585 Million (pre BIR) of proven reserves, with a Oil in place of over 1.5 Billion barrels, $2 Billion dollars in back costs owing to Tullow and an impairment reversal to the balance sheet of over a Billion dollars, if we get the FDP approved.

It beggars belief, how thick some people are out there. They really have not got a clue, and do some research, before making yourself look a twat.

Gl all

The arbitration hearing has taken place last year.

IR Reply below:

The arbitration hearing for the branch profits remittance tax assessment has taken place in London, but the timeline remains the same. We expect an outcome in 1H24.

I prefer to rely on Tullows IR team rather than a numpty like JMAX/PATEL

Gl all

A lot of green about today, the numpties must be out in force.

Kenya FDP outcome is due this quarter, unless it’s delayed again.

I’m more interested in the Ghana Development of TEN, with the FPSO Lease up for renewal in April along with the Arbritration result.

For Tullow to announce the RIG will be released 6 months earlier, is a good sign that Jubilee wells are looking good for the long term.

I wonder whether the RIG will start back on the TEN block??

All comes down to the signing of the amended POD Agreement being signed.

IMHO we won’t have too long to wait.

Gl all

One word, Bargain.

Gl all

You will find the revenue from the gas sales agreement for 2024 is $4 Million a month $48 Million a year at $2.90/mmbtu.

An agreement on acceptable commercial terms for export of future long-term volumes of Jubilee and TEN gas is in progress for completion.

Current export volumes are c.100 mmscf/d. The pricing remains lower than the weighted average price of other sources of gas in Ghana, underscoring Tullow's commitment to the economic development of its host nation.

Remember the additional revenue stream of $48 Million is NET of CAPEX, OPEX ETC, Its added to the bottom line profit figure, so not some small amount of income.

The final agreement is likely to be over $4 mmbtu, and 100 mmscf/d is the minimum supply, We can produce 190 mmscf/d and by year-end 2024, we have the capacity to export 250 mmbtu of gas a day (as per capital market day presentation).

Throw all those into the mix and you get the following annual revenue:

Current $48 Million - 100 mmscf/d @ $2.90

GAS Agreement $66 Million - 100 mmscf/d @ $4.00

Increase Export $91 Million- 190 mmscf/d @ $2.90

Increase Export $120 Million 250 mmscf/d @ $2.90

Increase Export $ 125 Million 190 mmscf/d @ $4.00

+ GAS Agreement $165 Million 250 mmscf/d @ $4.00

So not small figures, based on a Gas Agreement being in place.

GL ALL

Tensions are escalating, POO likely to re-act to possible U.S./IRAN Conflict.

https://www.bbc.co.uk/news/live/world-us-canada-68121694

Yes started buying in the pennies back in 2020, waiting for the big pay day. $300 Million a year until 2030 at $80 is a no brainier. I can wait another 6 years, when I’ll be able to retire in the sun, enjoying my Tullow retirement fund.

Who knows Kenya may come good, then I’ll be retiring a few years earlier, but I’m youngish, and can wait, sit on my hands in the belief one day I will be a millionaire :)

We can all dream of better times.

Gl all