Member Info for Bullseye14

Question for those in the industry. Now thec4d has been completed how long does it normally take to analyse the inormation, revise the reserves and come up with new drilling locations?

Shouldn't they have waited for this info before starting thr new drill?

We all know a lot depends on the 4D results and Mr Millers ability to get the 26's sorted, and a new boss might help! I have to say I'm impressed with RM up to now, he's got sh*t done. Maybe wishful thinking but I do believe the asset sales were all part of the refinancing conditions so hopefully a deal is close.

Question, why is it so important to get the 26's sorted before the end June when they're not due till next year?

News tomorrow....

FDP APPROVED!

That's if IR can be bothered to let us know the 25 bonds have been paid!

We need a decent CEO ASAP, one that has a plan and communicates well with the market. Whoever comes in will have a challenge ahead of them, it won't be an overnight turnaround.

Still not great, but what i don't understand

Why was the update announced so late, to me they were waiting for news, this was unlikely to be production news as this would have been well known.

Why would RG buy so much, yes he also bought bonds, but he must have known about the production guidance

Still think something is going on

"Our next Trading Statement is expected towards the end of the month (exact date TBC)"

Only four days left this month (wouldn't be a shock if they missed the date), just been on the website and still no mention of a date, are they just going to drop it on us without any prior warning?

OK, maybe a stupid question, if as suggested TLW are looking at options for the junior bonds why would that stop them issuing a January trading statement?

As the bonds are due to mature on the 1st March they don’t have to inform the market until that date or when an decision / outcome is achieved. I would have thought TLW would just provide stock update in the Jan statement, something like, “we are reviewing our options” or nothing at all.

Somethings going on, the date is normally released weeks before, but what are they waiting for?

New boss

Kenya

Refinance

Gas payment

Acquisition

Takeover

RD can't bothered as he's too busy packing his bags

Stanley, don't be so naive, it's Africa

Scaffman, you're entitled to your opinion. Personally I couldn't disagree more, a good CEO can change everything, hopefully you'll see what I mean if we get one!

Scaffman, you think who we get as new CEO is trivial? Really?

Crikey, Brent on a tear...$78.5+

Positive tax ruling

And still just managing to stay above 23p

What a joke, the sooner the management is changed the better, first job, move us to a new exchange.

3 outcomes!

Again this is my issue with comms from the company.

There can only be outcomes at the minute.

The FDP has been approved

The FDP had been rejected

The review period has been extended

The status should be communicated to the market, this has got serious potential to effect the SP one way or another.

RNS stands for Regulatory News Service and all listed companies are required to make RNS announcements when there is financial news, rumours or corporate updates that could effect their share price like financial results, earnings reports, trading updates, AGMs, shareholder meetings, bid rumours, director dealings, percentage ownership changes, regulatory updates, or even just big share price moves.

So if this is correct he was pushed, wonder why they didn't already have someone ready to replace him , or have they?

Gord

You forgot two big ones

New boss - hopefully a game changer for us PI's

Refinance 26 bonds

Can't even break 25p, we were at 26p before the KOS fiasco

Have to say I'm a bit disappointed with that reaction, if the decision would have been negative we would have been hammered.

Don't think y11 is getting his 19p anytime soon.

Wonder if we'll get someone else trying a takeover now that the first tax claim is sorted