Member Info for Adieuk32

Volume is starting to pick up, which is a good sign.

Market sentiment is returning, due to surprise UK growth In November, which has stalled the expected Recession (for now).
Onwards & upwards .

GL ALL

Slater don't be tight, your mum wasn't last night.

GL ALL

IR Response to dividend - Dated 19/12/2022

Distributions to shareholders are restricted under the notes indentures. At present we would be permitted to make distributions of up to $50m per annum. For further details please refer to the offer memorandum of the 2026 senior secured notes, which is available via the Luxembourg Stock Exchange.

Gl all

He’s another one on ignore.

Wouldn’t surprise me if they were the same person.

Whenever he rears his ugly head, Tullow bounce up.

Must of lost a lot on shares, I suppose Butlins dosent cost much, compared to my profits made from 8p lol

Gl all

Two new Jubilee South East production wells are planned to be drilled before year end, and a further two wells (one producer
and one water injector) are planned to be drilled in the first half of 2023; these four wells are expected to be brought onstream
in 2023 and are expected to add material production in 2023 and beyond

With $200. - $250 Million FCF, IR have advised that they are able to pay a $50 Million dividend, for the year.

Hedges are coming to an end in April-23, this years de-commissioning costs will be materially lower than 2022.

Also the $180 Million spent on TEN/Jubilee BIR, has already paid for itself.

Grab the Golden Tickets, about to go Booooooom.

Gl all

Simple button called IGNORE, wouldn’t waste my breath reading the ****e he posts lol.

He’s probably sweating it out with his failed SHORT.

35p was the bottom you dunce, now load up and watch it fly.

Gl all

Got to be on one of the IOC's list for a M&A

2022 Expected profit of $450 Million against a Market Cap of £500 Million, that's just over 1X P/E.

Well under-valued, and the shorter's know this.

SHORT Squeeze will come, let's see how long they can hold on the brakes.

GL ALL

Looks like the charts are showing a reversal.

Just need to see the fundamentals on 25th January.

Gl all

Dilution comes when a company is in distress, not when you have $600 Million available at your fingertips.

2 weeks today is the update, the SP will move north up to this date, as it always does.

Gl all

Just put them on the ignore list, saves wasting your breath.

Obviously they can’t read, and just scrape by with writing (spell check enabled).

Another weasel on the IGNORE list.

Q.

Has an extension been granted by the government, as the 6th November 2022 date has passed?

If so what is the new date?

A.

Yes, Tullow and the Joint Venture (JV) Partners are working with Energy and Petroleum Regulatory Commission Authority (EPRA) and the Ministry of Energy and Petroleum to re-submit the FDP incorporating feedback from EPRA. Tullow and JV Partners are on track to re-submit the FDP in 1Q23.

Tullow was like a burning house, when Rahul arrived, thankfully the flames are out, and we are on the way to a re-build.

Azvalor still holding, good times will return.

Gl all

2022 Est. 2021. 2020. 2019. 2018. 2017. 2016

Production (k). 61.5. 59. 74. 84. 79. 87. 67 price bbl. ($). 80. 62. 51. 62. 68. 58. 61
Revenue (Billion) 1.6. 1.2. 1.3. 1.6. 1.8. 1.7. 1.2
Profit after Tax 494M (81M) (1.2B) (1.6B) 85M (189M)(597M)

FCF (MIllion $). 250. 245. 432. 355. 411. 543. (792)

DEBT (Billion). 1.9. 2.1. 2.4. 2.8. 3.1. 3.4. 4.7

Gearing (Times) 1.5. 2.2. 3. 2. 1.9. 2.6. 5.1

Share price. 35p. 44p. 32p. 62p. 174p. 200p. 266p

Still think we are fairly priced?

Debt reduced by $2.6 Billion, Gearing down to lowest level, highest profit, FCF of $250 forecast, even after $190 Million spent on acquisitions of BIR for TEN/JUBILEE this year.

Market Cap of £500Million, compared to 2016 of £3Billion+

Won’t be at these prices for long.

Gl all

https://www.graphic.com.gh/business/business-news/gold-for-oil-first-consignment-arrives-in-ghana-next-week.html

Gl all

I’d sooner hear it from IR, but thanks again, and good luck all.

Constructive discussions are on-going, progress is being made

Hold or Top up, won’t be this price for long.

Gl all

https://www.kbc.co.ke/news/top-story/article/34254/president-ruto-to-hold-a-media-roundtable-interview

Saudi’s moving into Kenya.

https://tfiglobalnews.com/2022/12/31/saudis-aramco-is-buying-uss-influence-in-africa/amp/

Next official update is 25/01/23, but the free gas to Ghana government ends around the 31st December.

If agreement is reached, then an RNS will be issued.

Gl all to 2023