Member Info for Adieuk32

Where does it say RBL News end of January??

As per 7th October RNS.

At Tullow's request, the next redetermination will commence following Tullow's Capital Markets Day, which is scheduled for 25 November 2020, and is expected to be completed in January 2021.

Don’t be fooled, news of Bonds/RBL any day now.

Shorts need to close to free up shares for the MM,s to trade these on the rise.

A re-rate on the cards very very soon.

GL All

Let's Clear 34.9p, should see quick leg up to 40P from here.

Lets see if that order has been filled, Nice 32p support gained, Next GAP up now.

Order Filled?

Has the order been filled, some heavy trades gone through.

Let’s see what tomorrow brings.

Can’t believe the MM’s still have this under 40p

It’s a no brainer from here.

GL All

The order book is still being worked, IMHO tomorrow we will see some movement.

Once this has been filled, the brakes will come off.

RNS tomorrow? Something's about to come out, very strange trading, some ones taking a stake in the background.

GL ALL

At Tullow's request, the next redetermination will commence following Tullow's Capital Markets Day, which is scheduled for 25 November 2020, and is expected to be completed in January 2021.

Let’s see if we have a nice surprise, along the funding secured, with Bond dates extended, or could he have been brought in due to his M&A past experiences??

Rahul started his career as a Petroleum Engineer, before moving into investment banking where he led teams at Morgan Stanley and Merrill Lynch, advising major oil & gas companies on merger and acquisition and capital market related issues.

GL ALL

https://www.google.co.uk/amp/s/oilprice.com/Energy/Energy-General/Chinas-Energy-Dependence-To-Grow-Despite-Major-Oil-Discoveries.amp.html

Or maybe it’s that oil price is undervalued!!!

Works both ways.

Forgot to ask how you’re short is going here?

What a nice guy you are over on the Hurricane board you are, gloating on people’s misfortune.

What goes around comes around pal.

GL all Long term holders, ignore the swamp life that breeds off peoples downfalls, scum of the earth.

The presentation is based on Tullow doing nothing, and the worse case scenario, think it’s called managing expectations, something the previous captain of the ship didn’t follow, which led to the crash in sp.

The new team appear realistic, and not over exerting their expectations.

As with every oil fields, a lack of capex, results in reduced production, like a car not serviced, not running the best it should be. But increase in oil price will fuel cash flow to reinvest in jubilee/Ten infill wells, will see fruitful rewards in 2022.

There’s still 85% of oil left based on conservative well results, which is based on a small exploration of a large acreage, with licence potential.

It will all come good, with potential to see fruitful rewards.

GL all

Sad to see you sell out, when the tide is turning here.

Been trading shares for years, but you know when the fundamentals are changing.

Shame to see you miss the boat, but good luck in you’re new ventures.

All LTH - 2021 will see Oil prices stabilise, with a current $6 a barrel above forecast, will equate to Free cash Flow of $200 million for year.

Bonds will be refinanced, at historically low rates, and the SP will re-rate before you know it.

GL All HOLD HOLD HOLD

Gap up, about to happen.

Another Top up, ready for the next break-out.

GL ALL

Production to be forecasted to increase to 80k bopd by 2022, following improved water/gas injection at Jubilee/Ten.

Page 7 of presentation.

Shorters don’t want you to see that either, the rose tinted specs work both ways, up & down.

GL All

Profit takers today, Moving forward, the big boys will be taking a position, especially with oil price about to touch $49, Drilling Q1 , Debt refinance and suitors hovering around the assets, like flies around a donkeys ring piece.

GL All, let’s move into the next trading range 40 -50p range

Looking like a leaky ship here.

During a downtrend, the market strengthens the bearish trend with a long black candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal is given by the white third candlestick.
The Morning Doji Star is a fully realized bullish Doji Star pattern.

Could be a re-rate on the cards here, what with COVID Vacines, Oil price on the rise & CMD next week.

All looking very interesting from here.

STAY LONG

It is important reversal signal.

In Auction, should see a nice rise here, shorts closing positions ahead of CMD next week

GL All

OIL is looking strong, should see this tick up very soon.

GL All