RE: More fake news on TLF4 Feb 2020 02:06
Captain Swag
"Why now?"
I doubt that it's anything to do with water based on the last RNS, though I'm open, albeit reluctantly, to data that tells us something we don't want to hear at the CMD - but that doesn't really add up either otherwise why release that RNS at that point and not say something?
It feels increasingly to me that there is something being maneuvered (not necessarily bad in the long term) behind the scenes, possibly around book prices for oil, possibly around FFD development and financing / joint venture options. But again, I find it hard to believe rumours would not have filtered down to posters on here by now.
We are simply left with speculation and panic combined with a combination of falling PoO (for the moment), possibly some differential in the exchange rate and a general worldwide market teetering on the brink of a stock market crash or correction at some point soon.
The wisest strategy, it seems to me, is to continue to hold based on production and the fundamentals and that I'm one of those investors who has been learning about E&P/O&G for the last two years but likes the story and wants the company to succeed and has been impressed with what's been delivered so far.