The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Dear all. Could I suggest that the 575 million is transferred directly into my bank account for safekeeping?
Don't worry Dave, hopefully it will not open up more than 100% allowing you a narrow window of opportunity to get out.....LOL
The 500 m is already known. It will be positive if a RNS hits...but let's not forget original idea was to raise 1 billion from asset sales. So what would really light touch fire would be a huge farmdown Guyana....nobody wants Kenya until new CEO has sexed it up with new approach of.jumping to Phase 2
Kenny . You were buying at 50p....thanks for the advice.
Sorry for your loss. Mine is also very large. I'm not sure having 3% shorters is that big a deal here. We just need positive news and good management to get us out of this hole.
Yes, just did thanks. Hoping to recover catastrophic losses elsewhere....LOL
Cojones NGMS doesn't have..constantly negative
I watched a documentary yesterday on BBC I player about a Danish mole going to North Korea. They did some dodgy fake deal to pretend to buy arms and meth ampethamines from the North Koreans. The Koreans suggested building the factory in Namibia or Uganda. The Ugandans welcomed the, with open arms, no questions asked about the factory, willing to move a few thousand people off the island for 5 million usd.
Relevance to tlw. Diversify risk. Sell Uganda. Take money and run...
We dont.know the well will water out in a short timeframe. Hur's last RNS stated WC increase and natural decline were slight
Could come out with a relatively positive RNS and end up down.
Very positive RNS. Considering the armageddon scenarios being banded around, this was a positive as one could hope for in circumstances...14500 + 19% WC up from 18%
EOM
I'm assuming that CA bought them off book?
Thanks for your assessment of TLW vs . PMO. I have a lot more confidence in Rahul Dhir than T Durrant!
He seemed to be full of ideas on how to boost production and the funding shortfall once Uganda goes through doesn't seem that big....if TLW can get through without another RI, this will fly in 2021, as i'm expecting Brent to av. 55 USD.
Ps obviously very keen on tlw hedging 2020 and 2021
Slift. Still very long TLW. Listened to rest of interim results webcast at weekend. My question is simple. I can see this has potential post COVID to get back to 1 to 2 pounds. BUT in meantime, what about the risks I.e. the PMO decimation. The deal today is good.for today's Sp but not for LTHs. So how likely is some kind of equity dilution here? Uganda fantastic but I'm worried about Kenya.
Premier Oil PLC
LON: PMO
17.33 GBX +2.14 (14.09%)
The RNS is probably simply that as Glen resigned they wanted him to dispose of his holdings which meant the lock being changed. When they did it for him they had to do it for all the bod. Simply trying to get rid of the old ceo imov
Hound - your posts of a few days ago said the exact opposite, that the complaints and associated funding set aside were sufficient.
This will become a better co. with more responsible lending and fairer interest rates...