Member Info for antonvb

What actually is your agenda here xxnjr? I've been pretty clear about mine from day one.

Share price is going up, what's not to like. New well came on at 10kbopd and they predicted 1kbopd ramping up to 4kbopd if i recall correctly, yet now you're dragging up sh i te that Rahul gave us in 2021 to try make it seem that 10kbopd is not good. 6 new wells at 10kbopd will double to 60kbopd production we've seen so far this year. Not saying it will happen, however it would be significant if it did.

As to the shorters .... I was just pointing out that they last increased their short in 2021 at 16p and the share price went to 66p. They never increased their short all the way down from 66p and now at 9p to 10p have increased it twice. Since then the share price has risen 20%. So no, not a smart move on their part ..... well that's the way I see it anyway and I'm entitled to my opinion ... as you are ... however you definitely seem to have a hidden agenda here.

Yup…. need to do a lot more research. Increased their short again.

They last increased at 16p in 2020 and didn’t increase at all from the drop down from 66p, yet now think it’s a great idea at 10p. Someone’s not getting a bonus this year.

Qube Research & Technologies Limited 0.56% 0.10% 11 Aug 2025

Looks like they might not have done enough research......

If things are so bad you’re surely not invested …. yet you constantly feel the need to post on here and tell us how bad things are. The question is ….. Why????? You don’t seem to feel this need to post on the BB’s for other shares and warn of impending doom.

It’s the dishonesty on here that makes it toxic. Strangely those long admit they hold and ramp this, while those short never seem to admit it. Then you just get the those posting public service announcements……for some reason this BB seems to attract good Samaritans who’re concerned for the financial future of those around them. What a load of sh i te ….

Of course you did ..... let me guess ..... 0.36p ..... oh no wait that was what you paid for UOG

More bipolar than a cross dressing polar bear. JBOTAMAX posted at 16p that they took a gamble just in case the share price went up at some point so they could gloat about it .... now it's gone up to 10p they're boasting about how clever it was instead of boasting they called the sell at 16p. I think LSE has a duty of care to get this poor chap the help he needs.......

JMAX

Posted in: TLW

Posts: 4,710

Price: 16.24

No Opinion

RE: 2026 Bonds10 Jul 2025 16:34

The truth is not negative - please show me if I am factually incorrect.

Fres paid a 46p per share dividend and I gambled some of it on TLW.

Well my post aged well didn't it :-)

Seems those short are now getting a little bit irritable today.

10% …. That’s a bit conservative. At this price they could make 10% in a few minutes. You’d have to assume this was shorted at 14p on the results. If this is bottom they will need to close and this will go back over 12p in no time at all.

No. In conclusion for me the signs are Tullow is not going bust and as usual the drop has been overdone, so will recover. Therefore I will continue to hold.

Why do so many people who have no invested interest in a share spend their whole day commenting on it?

That’s not what happened in 2020 when this last went sub 10p xxnjr. They were all over this like a bad rash.

RG

https://www.rofgo.com/about/

JBOTAMAX

https://shopping.mattel.com/en-gb/products/hot-wheels-car-culture-circuit-legends-vehicles-fpy86-en-gb

I think he’s a lot more wealthy than the rest of the board, so has the cash to invest. Don’t think any other board members can afford a racing team either.

He was ridiculed on here by some when he bought 2025 bonds. Yet turned out he very well out of those. Just like the rest of us he doesn’t have a crystal ball and no one can ever predict the perfect time to buy and sell. End of the day you buy at 10p, the share price then drops to 8p and then later you sell for 20, 30, 40 or whatever p, does it really matter.

He’s obviously averaging down and why wouldn’t he. The key takeaway though is that he doesn’t think Tullow will go bust and will refinance, despite all the fear mongers on here.

Oh, and if things are so dire why haven’t we seen an increase in reported shorts since June?

I’m a suspicious individual….

xxnjr - 25 posts yesterday

JMAX - 23 posts yesterday

Does 25 + 23 = 48 …. Probably not I guess, but I do wonder.

Xxnjr ..... that statement regarding insolvency is nothing new.

From the 2025 HY Results

The Directors note that despite expressions of interest from private as well as public parties for participation in the holistic refinancing, executing a holistic refinancing is outside the control of the Group. If the Directors were unable to execute a holistic refinancing, the ability of the Group to continue trading would depend upon the Group being able to negotiate a financial restructuring proposal with its creditors and, if necessary, that proposal being approved by shareholders. Whilst the Board would seek to negotiate such a financial restructuring proposal with its creditors, it is possible that the creditors would not engage with the Board in those circumstances. There would therefore be a possible risk of the Group entering into insolvency proceedings, which the Directors consider would likely result in limited or no value being returned to shareholders.

From the 2024 YE Results

The Directors note that despite expressions of interest from private as well as public parties for participation in the holistic debt refinancing, implementing a holistic refinancing is outside the control of the Group. If the Directors were unable to implement a refinancing proposal, the ability of the Group to continue trading would depend upon the Group being able to negotiate a financial restructuring proposal with its creditors and, if necessary, that proposal being approved by shareholders. Whilst the Board would seek to negotiate such a financial restructuring proposal with its creditors, it is possible that the creditors would not engage with the Board in those circumstances. There would therefore be a possible risk of the Group entering into insolvency proceedings, which the Directors consider would likely result in limited or no value being returned to shareholders.

There's a fairly regular group of posters on this BB who contribute. However, every time there is an attack on the share price as usual this BB is suddenly a hive of activity with posters whom we've never seen before suddenly feeling the need to warn us that the sky is falling on our head. Soon to disappear as quickly as they appeared.

I'm not saying things are great at Tullow .... in fact far from it. However, I just don't buy these doomsday scenarios and can't help thinking besides the P/L figure pretty much all of this was known/anticipated. I think what has clouded the waters here is the double whammy of not getting the $300 million from the Gabon sale by the end of June and the Jubilee shutdown/issues hitting production. The sale only completing in July has meant they couldn't restate H1 2024 numbers as was suggested in the Gabon sale RNS:

"In the Group's forthcoming interim consolidated financial results for the six months ended 30 June 2025, the Disposed Assets will be presented as a disposal group held for sale and discontinued operations in accordance with IFRS 5 if Completion takes place by 30 June 2025. As a result, comparative financial information will be restated in the interim consolidated income statement for the six months ended 30 June 2024 to present the financial results for the Disposed Assets in the prior period as discontinued operations."

So I think things appear bleaker than they really are and I still say RG wouldn't be buying if insolvency was imminent. Would be nice to see RM also buy a few.

Supercooper the fundamental question here you need to ask yourself is Tullow going bust or not. RG must have a good indication of what the answer to that question is. If they are not going bust he stands to make a significant profit at some time in the future or at the very least he’ll severely reduce his previous losses by averaging down. Rightly or wrongly he is the reason why I’ll continue to hold as he wouldn’t be buying now if insolvency was imminent.

Things not great, however I don’t think they’re quite as dire as the market would lead you to believe. So place your bets…. sell now or hold.

JBOTAMAX all we remember is you ramping UOG at 0.36p. If you were a such a successful trader you’d be dining in 5 star Michelin restaurants and jetting around the world to 5 star resorts rather than spending all day and everyday on here trolling and self congratulating. Sad.

Strange days indeed. Very strange that one of the directors isn’t predicting total wipe out. Wonder if RG will buy more.

Fortunately RG is convinced that the refinancing will happen and Tullow isn't going bust. That is all that matters to me and I'll believe him over anonymous posters on here who all have agendas .... well mostly anonymous ... JBOTAMAX I know who you are. And seeing I'm on the subject of JBOTMAX, perhaps RG is down, however he's still a multi millionaire with a racing team and you'll always just a 2 bit troll who spends your entire sad life on this BB.

Actually I think it changes a lot and it is not relevant how much he is underwater. What is relevant is that RG is hardly going to throw away £238k, so think it's a pretty clear indication that Tullow isn't going to bust and will be able to refinance. So in time this will go back up again.