Member Info for Adieuk32

BUY - 443,565 Trade just gone through, could be another Director buying in?

GL ALL

Its only a small amount, but it's a case of how much the other directors are going to BUY at these prices.

Should see a BLUE DAY, with expectation of more director purchases( well there is quite a few BOD's in Tullow)

GL ALL

Another Director buying in.

Positive signal

GL ALL

Breakout, just passed through the breakout point.

30p very soon.

Gl all

Nice large trade went through earlier.

Let’s get this moving north.

All aboard 🚂 🚂 🚂

Haven’t seen one of those for a long time.

Hope it’s the start.

Gl all

Could see the balance of the Bond paid before year-end

Well Rahul did say 2023, would be the year of de-leveraging.

Bring it on.

We continue to progress a range of options to address the remainder of the 2025 Notes, and with the start-up of the Jubilee South East development around mid-year we will generate material free cash flow in the second half of the year and beyond.

GL ALL

RNS

Great result, $60 Million of additional debt wiped out in an instant.

The SP should now move over 30p, just on this alone.

All aboard for the ride north.

Gl all

Anyone else notice that patels account has been cleared.

Looks like he’s done his job, and fled.

Let’s get this moving to where it should be trading, 30p close today?

Gl all

That’s got to be a short movement.

Find out on Monday.

Gl all

Bounce - Should see a nice bounce before close.

May see the dizzy heights of 26p.

Coincidence that the Bond Tender completes on Monday, and all this NEWS flow due soon.

Imagine if we get a tender for all of the Bonds? 55.5% of $800 Million = $444 Million, and we receive a nice lump sum from Kenya farm-out to pay the total back...

Something to think about over the weekend.

Wouldn't want to be out of this over the weekend.

GL ALL

Should find out Monday, whether it was successful.

I would of imagined, that the Board would have already been in dialogue with the BOND holders, and given the heads up before the tender offer.

Let's hope that the tender is over subscribed, and Tullow can cancel above the $75 Million debt at 55.5% of the value.

$75 X 55.5% = $135 Million of debt cleared for only $75 Million, giving an uplift in value of $60 Million, which is about 13% of market cap (SP should reflect this)

Jubilee South East should have the taps turned on next week, hopefully an RNS stating this, along with the gas agreement & the Amended Development plan for TEN.

DYOR & IMHO

GL ALL

Ha Ha

Yes touched a nerve, needs to see a doctor, the man needs some serious help.

Got a feeling though, he’s past medication, perhaps a padded room with no internet will do the world of good, and clear up the sychotic behaviour??

Gl all

Looks like a sale of Côte d'Ivoire

Gl all

Don’t forget Jubilee South East being tied up to production from July, increasing the Gross flow rates from circa. 80k BOPD to 110k + BOPD.

Gl all

It’s a long term agreement, that will be a catalyst to the company’s share price. We have 150-200 bcf NET on TEN of bookable reserves.

There is 1.5 TCF of gas in place, which when the government sign the contract, this reserves will become reflected in the Balance sheet, giving the the SP a re-rate.

Now that gas prices are starting to stabilise, this agreement is looking more likely to be signed.

Could come any day, I do know that if signed, you won’t see the likes of 25p again.

As per AGM update on 24/05/24

Good engagement ongoing with the Government of Ghana ahead of the planned formal submission of an amendment to the TEN Plan of Development (PoD) and securing a Gas Sales Agreement by mid-year. The amended TEN (PoD) sets out a clear pathway for creating value from the TEN fields alongside the proposed commercial agreement for the long-term supply of gas in Ghana from the TEN and Jubilee fields. A successful outcome would result in a significant volume of bookable gas reserves (in the range of 150-200 bcf net) on TEN.

Gl all

Now BURN 🔥 🔥 🔥 you SHORTER SCUM

A long term contract is planned to be signed before end of June, adding material amounts of book value to the accounts.

Gl all

LP 26.38p

Https://nation.africa/kenya/business/kenya-to-gazette-five-new-oil-blocks-for-auction--4260638

Just ignore the mongs, they will disappear into other BB’s , when Tullow SP Starts to motor north.

Should be a good day tomorrow.

Gl all