Member Info for antonvb

Here’s the link to the same tweet by the office of El Presidente of Gabon

https://x.com/presidencega/status/1905332101580542328?s=46

“ The Head of State, HE @oliguinguema , chaired the signing ceremony of the agreements formalizing the acquisition of SMP Afrique and Tullow Oil by Gabon Oil Company on March 27, 2025.

A strategic initiative by the President of the Republic to strengthen Gabon's energy sovereignty.”

Https://x.com/lpjgabonais/status/1905339874472849605?s=46

“The Head of State, HE @oliguinguema , chaired the signing ceremony of the agreements formalizing the acquisition of SMP Afrique and Tullow Oil by Gabon Oil Company on March 27, 2025. #Gabon #LPJG

𝐏𝐨𝐮𝐫 𝐩𝐥𝐮𝐬 𝐝 ' 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐬 : urlr.me/eCmyWf”

Nice to see RG putting the profit from his 2025's into the equity. I bet he was gagging to buy when this was 13p and couldn't wait for the results to be announced so he could buy.

11th march share price hit 12.86p

share price today 17.32p

that's a 34.68% increase in 2 weeks

so if you're holding why be negative and continually post disparaging comments when sentiment is finally turning in our favour and the share price is going in the right direction? makes no sense. the irony is this is a golden opportunity to recover your losses. even if you bought at £16 and your holding is almost worthless today, if you buy the same value at 17p today and this goes to 34p you'll break even. that seems like an incredible opportunity to me given the situation you've found yourself in. however, seems people would rather feel sorry for themselves and **** this off, rather than try did themselves out of a hole.

no guarantees of course, however if you're scared call the police.

Frogthemogg I think your graph is upside down …. Looks like it’s going up nicely to me.

Actually that might be an AI generated article as says Tipranks-auto-generated-intelligence-newsdesk. So might be old news rehashed. You do have to wonder who would want to rehash old negative news about Tullow though….. not that I’m suggesting a conspiracy theory of course. Up nearly 15% on the day and good old AI just decides it an appropriate time to spread old negative news on Tullow…..makes perfect sense.

Just can’t help themselves….

https://www.tipranks.com/news/ratings/tullow-oils-financial-struggles-prompt-sell-rating-amid-asset-sale-and-debt-concerns

“According to TipRanks, Wheaton is ranked #7628 out of 9407 analysts”.……hmmmmm

Very pleased (and a little surprised) to see we closed over 17p. Guess we’ll see what tomorrow brings and be nice to put the teens behind us this week.

And another reminder of what happened in 2020:

20/03/2020 Share Price: 9.75p Oil Price: $22.59

21st Apr 2020: https://www.lse.co.uk/rns/TLW/appointment-of-rahul-dhir-as-ceo-d0au0e47et8pgd9.html

23rd Apr 2020: https://www.lse.co.uk/rns/TLW/sale-of-entire-stake-in-uganda-to-total-for-575m-qlgpoc3l04jhxn0.html

19/06/2020 Share Price: 33.75p Oil Price: $39.80

02/10/2020 Share Price: 14.29p Oil Price: $37.05

7th Oct 2020 https://www.lse.co.uk/rns/TLW/rbl-redetermination-completed-cmd-on-25-november-4ygxunisvg1phkw.html

04/12/2020 Share Price: 34.13p Oil Price: $46.26

What's the matter frogthemogg ... can't pick on MaverickD today as their share price predictions have been accurate, so now you're going for Jayroz?

To those who topped up at 13p I salute you. Think about it .... for every 1.3p this goes up you make 10%. Now that is quite some return. Even at 16p for every 1.6p this goes up you will make 10 %. Then if Kenya does by some miracle happen .... now that's the stuff dreams are made of.

Sadly no top up for me as I've got no spare cash at the moment ......

The update was yesterday ... :-)

Get the refinancing done and get a new CEO in who can do deals, then get Kenya moving again. I think the Kenyan government haven't wanted the project to go ahead as there has been too much green money thrown at them and they didn't want to risk that by giving the go ahead to a big dirty O&G project. I think this is why the investors pulled out. Now the global landscape is different since Trump has come in and the government has a desire to get it done, as they feel they can do it without being seen to be a pariah and losing investment. Plus they've probably lost billions in handouts from recent cuts to foreign aid and need to make up the shortfall from somewhere. Also feels like Tullow haven't been reading the room, as when the deadline gets continually extended each time by 6 months and they don't approve the transfer of the AOI and TE 50% to Tullow it tells you something. It tells you they want a piece of the pie, so just give them something and get it moving. I think if the FDP is not approved by the end of June and is extended by another 6 months, even I will admit defeat and that the chances are Kenya will never happen. Going to be an interesting year I think.

What’s your average on UOG then JMAX and what’s your average on TLW given you’ve been in since the £13 days. You’re so far underwater that you’ve become delusional and had to resort to trolling to get your kicks. Whatever floats your boat I guess.

I guess you can stop wondering now Glowacki .......

The trigger is the refinancing RNS. You can argue that they making good progress or merely treading water, however it's difficult to argue they're going bust. So there's only so low they can take this and I think we've hit that already when we recently went below 13p. Think about it .... might have been a little deramping on here today, however not one person suggesting we're going to 10p. Lots of moaning by those underwater, however this is a golden opportunity for them to average down and it's time for less moaning and more buying. sadly, chances are they won't and we'll see them even more bitter in a few months time.

This is my takeaway from the results today ....

"The Directors have initiated a process to execute a holistic refinancing based on proposals received from banks. The Directors believe this is achievable before the end of June 2025, noting the risks associated with wider market conditions. If this were not achieved by the end of June 2025 the Directors would continue to pursue such a refinancing in the second half of 2025 to alleviate the projected liquidity shortfall in May 2026 and believe this is achievable, again subject to market conditions."

What the hell is wrong with you frogthemogg…. you have a holder who is making a positive prediction because they bought the share believing in it, yet you try belittle them. It’s funny how when people are at a loss they turn on others as they would rather not see the share go up than see new comers making sizeable returns why they’re still underwater.

Funny …. insults from others on here are like water off a ducks back to me, but holders who constantly criticise and post negativity wind me up no end. What kind of a special idiot do you have to be to do that. Unbelievable……

Come on, that’s pathetic deramping… you can do better than that. You have to make it scary.

Now the results are out and the closed period out the way, hopefully we'll see an RNS from Roald increasing his stake by

using all the profit he made on the 2025 bonds.

Got to say ... I thought that presentation was a breath of fresh air. Much prefer Richard to Rahul, as felt like I actually got some answers and information this presentation instead of the usual waffle.

Might not be a bad thing to not get a new CEO until the refinancing is done. My take away from the results is that it is looking very positive in that regard and think that is what is holding the share price back. So hopefully we’ll refinance by end of June rather than end of the year.

What I don’t understand is why they don’t go sort out Kenya. The government are playing games because they want something. They keep pushing back the FDP approval date date and still haven’t approved the transfer of the AOI and TE 50% to Tullow. Just load up the suitcase with cash and go sort it out. Even gifting the government a 50% share to get this moving would be a better option than it dragging on indefinitely.