Member Info for deltalo

RockLawn, the trade was about 11;30 its shows up in ADVFN.

Tullow's debt level now is less than it was a year ago when it was £2 quid a share, laughable it really is, should be in the 40s and 50s atleast.

yeah held all day, well good on the holders, another good rise coming tomorrow when many see the news later.
with the uncrossed trade it may be 28 percent up today.
Tullow is back ;-)

i wont sell a bean, its only going up from here as its priced to fold, over 70 licences in 14 countries are not even priced in the mkcap, massivly undervalued now i must say.
enjoy the ride.

i been saying its for weeks that this is Just the beginning , its time now to get back into the 40s 50s and beyond, we're saved and the value will have to come through.
over 1 billion in the bank in the next few days.

i hope the shorters stay short in here, then they'll be cleaned out and not return.
what's said in here will change nothing, The Total interview was real, shorters views are bullshxt.
"anyday now and we'll be laughing"

Good luck with that then,
I'd put another 10 grand at 15p so your 10p is even better, but we all know thats not going to happen now, so I take it you won't be invested then.
Just a reminder of when the sp was over 2 quid a share a year ago and in a worse financial position than it is now.
575 million to come if we believe the Uganda Total manager, "and I do" so this will bring the cash balance to over a Billion just like it was less than a year ago.
With the redundancies paid for and all the cost cutting the new CEO is introducing we should start to see a climb back towards last year's sp.

Here the financial position on the 13 November 2019,
Make your own mind up, as mine is.

Financial update

Full year free cash flow is forecast to be around $350 million, subject to year-end working capital movements. Free cash flow generation has been adversely affected by lower production, and by lower oil prices for much of the second half of the year.

Despite lower than forecast free cash flow, the Group continues to focus on debt reduction, and net debt at the end of 2019 is expected to be around $2.8 billion (from $3.1 billion at the beginning of the year). Gearing is expected to increase marginally to approximately 2.0x (from 1.9x at the beginning of the year), reflecting lower EBITDAX. The Group retains liquidity headroom and free cash in excess of $1 billion.

Capital expenditure for the year is expected to be approximately $540 million, including approximately $35 million for Tullow's 33.3% share of the Lake Albert Development in Uganda.

I can't understand why anyone woud sell ,we've hade the leaked tip off from Total that its coming but some can't wait more than a day lol, i can and ill be laughthing at the sellers when they all try to pile in at a much higher price. Beggars belief.

The trend is up now so I expect this to be blue soon

I'm quite happy within the rise today, I expect some are waiting for the concrete news, maybe a nice rise towards the end of the day.
Buy and hold.

Have a good week all,
Looking forward to the week ahead, as stated,
On the Tullow transaction, basically, all hurdles have been overcome and should only be a matter of days or weeks to closing of the deal. Goodnight all,
https://youtu.be/hhsTtk-Tj68

All who are in the know here are in the money imo,
Many investors haven't had the hint yet, I know it's not 100 percent but 99 will do me.
On the Tullow transaction, basically, all hurdles have been overcome and should only be a matter of days or weeks to closing of the deal.

Just a reminder why the tables are about to turn
https://www.theeastafrican.co.ke/tea/business/pierre-jessua-much-to-do-before-uganda-first-oil-flows-in-2024-2483176
Enjoy the ride

You'll recope your losses Stuart, it's been a bumpy ride and the uncertainty of the companies future has not helped in the slightest.
But now we're moving into a more secure and stable business that's in the reins of the best in the business.
Expect plenty of news feed in the coming weeks,
Just experience that's all. Gla.

Sorry to hear that, I've had the same in the past few years, I'm 47 and so I've seen many relatives pass over the years.
All the best to you.

Not at all, would you put 1000s in a company that was at the risk of folding, no nether would I, but it's about to change all that.
We hold over 70 licences in over 15 countries and delivering mbpd.
228m mkcap is an absolute joke, anyone who knows the company inside out will be invested, and the one's who don't will pay.

And not all will know about it until RNS is delivered, so I would say get in before the herds arrive and enjoy the ride.
575 million is a massive amount of cash and this will bring the cash balance to over a Billion.
No wonder the company has the backing of the banks.
This is priced to go under and it's in a better position than it was in Jan-Feb when the sp was 40-50p.
Laughable really but the tide is about to turn, goodbye shorters as it was nice knowing ya lol.

Wish I was 39 again, have a goodun.

Dave'sdesperate post to say this will drop 3 percent Monday lol. Omg the desperation is amusing, cleaver shorters Will be closing and the thick ones will be picking the crap up after the party. And about time I must say.

My 10 grand is chicken feed to what's about to come. There's been no dilution from the dizzy highs of over 2 quid a share less than a year ago, so it should be at least 50p+ imo. Bring back Dividend and we're talking 2+quid as it was last year. The oil demand as stated is expected to increase up to 2030 at least, so 10 years of high demand and as the third world countries catch up it will also push oil prices up. I'm looking forward to a great return on my investment here and why not.