RE: Glencore agreement20 Mar 2026 18:01
TLW has for a number of years now been a bit of a gamble in my view. The sort of high risk but potentially high reward share you take a punt on with money you can afford to lose if it all goes wrong. But the refinancing followed by oil price rise has really turned the dial in favour of reward in my view. Yes, still a bit of a gamble, but less so than a couple of months ago.
Back in November, I like many thought I was going to lose it all. Now I keep flipping between small profit and small loss. That was inconceivable just two months ago. I almost hit the sell button when it spiked to 15p but resisted and temporarily regretted it. Less so now.
I still think this is a traders share until results/other comms from TLW but I’d now rather be in than out at these prices. At least for now.