Member Info for bluemoon71

Let's be clear, forecast 2025 production is not a positive whatever light you look at it under. That said there will have been a lot of panic selling in recent days and the big plus from the RNS is there is nothing existential that warrants the recent fall. Clarity in the bonds is a big plus. If SP can hold its head above water today there's a good base for a new CEO to build from

GLA LTH

5% down the afternoon BEFORE an update. I suspect tomorrow it will be patently clear why Rahul was 'sacked'. Going to be a tough day.

GLA LTH

If Tlw were waiting for some good news before setting update date,given price this morning, maybe someone knows if they got it...

I suspect RD is going because they are going to report a miss on low end guidance for 2024 and there's clearly an issue at Jubilee. They're probably wracking their brains as to what to give as guidance for 2025.

GLA LTH

You sound more of a seller Jayroz!

Thanks for confirming Maxine. We'll put in your pile of wrong predictions along with Fres,Farn and UOG.

So to be clear Maxine, you're backtracking on your 60p by Easter prediction?

Tlw down 8%, KOS down 1% in early trading. Both affected by same Jubilee production numbers???

It's very unlikely any delay in the trading update has anything to do with refinancing bonds, timescales are different.

GLA LTH

There's no real buying impetus (or selling for that matter) so we're left to the MMs to churn the low volume to cover their salaries. With all the uncertainties around Tlw we seem to be in a period where the SP will only be moved by specific news and not day to day drivers like oil price. We need RNSs to get us moving...New CEO, bond refinancing, Kenya, Ghana disputes, M&A...

GLA LTH

Well said Super. It's like being lectured by a member of the Magic Circle - telling everyone they don't know how the trick works without being prepared to enlighten them and only post cryptic and disdainful messages. Must make themself feel good, takes all sorts

GLA LTH

I doubt there'll be a short squeeze here, unless there is some re-rate news - a serious takeover approach, Kenya approval, etc. Otherwise they'll manage an orderly exit, they always do.

GLA LTH

Unsurprisingly, both 25 and 26 bonds have leapt back into the 90s on tax RNS. Hats off to RG for putting his money/faith in the outcome. Hopefully SP will move back towards 30-40p range in coming weeks. Still think we need positive news on Kenya,refinancing of bonds or other value adding news to break upwards out of that range.

All in all, great start to 2025

GLA LTH

Just before the tax arbitration RNS dropped I was about to post that it was disappointing to see Pictet increasing their short again as the new year starts. Don't think I'll worry about that for now...what a pleasant start to 2025

GLA LTH

I think the Board,including Mr G, are more open to the charge of rank negligence than insider trading. Their complicit indifference to shareholders and appalling IR messaging is borderline criminal.

GLA LTH

Mr G invested in many millions of Tlw shares and has been buying regularly this year as the SP continues to fall. Let's not hold him up as some investing guru. He may just have a lot more money than investing nous. His investment track record in Tlw is not good.

GLA LTH

Wish I'd invested in CABP like you Gussy, then I'd only be 30% down(like you)

GLA LTH

He doesn't know the outcome of the tax arbitration. If he did he'd be buying shares. He's guaranteed to make money on this bond purchase. He's hopeful,like all longs, that the tax ruling is positive.

Just an opportunistic move from Roald. He knows the 2025 are guaranteed even if Tlw lose the tax case and has taken advantage of bond price fall when Kos pulled out. Means nothing for share holders. If anything it means he's not confident the SP will recover

Tax ruling imminent from Tlw RNS. Sounds positive.