Usual scenes here....14 May 2020 13:03
...as soon as the SP drops the same individuals are out in force talking about the end of the road for Tullow.
Ignoring the the fact of the recent RNS, hedges, new CEO to take up duty next month, Kenya sale news could drop any time, oil is stabilising, economies are cautiously opening up, more cars on the road and people encouraged to drive more, I could go on and on.
Tullow has debt, but they have made a big step in reducing it in the recent asset sale, have puts steps in place to reduce capex and run leaner and more efficiently.
Keep the discussion on point rather than scaremongering weaker hands. Perspective needs to be the focus here.
TLW are in a good position financially short to medium term. Ignore the noise.
Yes I am a new poster but been lurking on these boards years.
If anyone wants to question my position, I'm in for the medium to long term here. Average below current levels. Target £1.
Goodluck to all invested, and those who are on here to disrupt I hope you get what you deserve. Mr Brent was put on filter as soon as I signed up. Sea of green today on this thread!