Member Info for daragh2020

JMAX, What I do know is which will give comfort, this share is now massively undervalued based upon current updates. The market will soon catch on, it generally lags behind on seeing things, it will happen soon. When you see the GS activity, it can be a good thing, the incentive will be to drive this share hard upwardly, also and not just to short, weird why people think they just do that. This is megga cheap at present.

Bailiff, To give you perspective. I've been in and out of this company over a 20year period. It's not for the faint hearted, so hitting 5GBP is wishful in the short / Medium term, even if a T/O was ever on the cards. If there's money on the table, take some and leave enough to not over expose yourself. If that helps, at the end of the day, you're here to make money.

You'd be Very foolish to jump ship now, considering the position the company is in.

JJ that's an interesting price you have on Kenya, is that industry farm down, to what percentage?

Thank you for explaining that JJ!!

Hi JJ,

Would you mind confirming the piece around 2025 bonds, so this can't be paid until the main 2026 bond or what exactly?

Regards,
D

@Slift, Thank you for that insight, but I have worked that out many a year ago lol. You're a wealth of Knowledge, please share more.

@Slift, One would assume this is a message board. Not sure what you're referring to on the RBL, this was no Gamechanger as another user was wrongly advising others on, but you seem to know all.

My question was to find out what happened to the extra production, or was there any? Is no one curious about this? Get over the debt, it will be refinanced, I don't see why ppl are banging on about it.

Folks, Does anyone know what happened to that extra production from that new well brought online end of last year, think it was part of Jubilee?

You can request the share certs!

@Android101, Do not go on the basis of these corrupt agencies to hold up a share price, in order to obtain cheap credit. Just cast you memory back to MBS / CDO financial crisis 2008. That said, Rahul looks good on paper, time will tell. Hedging your bets is normal for investors nothing new here on that front. A game changer short term as mentioned No. I actually don't comment on any BB's, it seems to maintain the same lonely souls across the spectrum. I've been monitoring this board for the past 2 years so this is my fourth comment, says a lot. Weeding out the genuine people is hard, similar to investing.
The saying goes Money Follows Money, when you see the institutions loading up on shares, it's sign of things to come. Stephen B got lucky in discovering this BB as he stated, our 9/5 money will be earned the hard way. Take what you want from that, no insults intended!

@Android101, From recent past experiences there has been No significantly jumps with this stock, only when it bottomed out or send me on your charts for these big rises, recently. We're coming to a pivot point with this stock so so gamer changer I very much doubt no, as market sentiment has dictated. Luring people to invest with the rhetoric has only one agenda. It's a long term play! Best of luck though. On a basic level, all the assets this company owns doesn't determine it's current value, hence long term play. The market will correct itself.

Hi @Credit_Limit, Thank you for your response. A nice read is "The intelligent Investor" by BG. I learnt quite a bit over the years from investing. Unless people show you their portfolio, then take what you want from them, especially around some of the figures people are regurgitating. The role of an accountant is to make them books look pretty, even when they're not. Shares / companies can be out of favour with the market, just the way it goes. That said this is a Good / Great long term investment. Don't expect serious rises from RBL's. Hold tight and avoid some of the rhetoric from comments.

You're not going to see big moves in volumes with this share price until market sentiment changes. This will only happen on the release of good news, too many institution / PI have been burnt by this share. The percentage of shorters is insignificant to even think its held down by them. 10mil shares will tick it up by a few pence so no big volumes are present. The MM can't drive the price only the spread, sentiment drives the price up, there's little of that. That said, if you're expecting short term spikes then possibly invest in another share. This stock has been battered. I've been in and out of this stock 20years, I'm fully invested now.

Thank you @Mattwales, just being polite here but I believe the breakeven is 39$ a BOPD. I've seen this in their financial statements a couple of times, mind it does seem to vary. Tullow oil, is an excellent investment, been in and out of 20 years. I know quite a lot about this company, so as you know I'm fully invested. The market is just out of favour with this, since major funds had to drop it from their portfolios, that will change over time.

Hi , Excuse my ignorance what's /1.34, what's that exactly?