Member Info for EAS10

Berenberg is Eco broker. Target is not independent therefore.

Just on that point. I put in a sale order in Dublin exchange this morning to test the water at 0.04 for abput 69k shares and it didnt didnt fill and dropped to 3.60 but filled at .04 a few minutes later.

Thanks very much for sharing that info on the licence Manyana. Good sign to see. I thought it would be a lot longer. Very positive sign in my opinion.

I think that was self preservation for the investors rather than anything to do with TOR. What was the alternative if the didn't back it?

I know ive stated this before but TOR didn't have a choice. The investors got rid of him. He wasted valuable time and money on APEC based on a tenuous link to CNOOC etc. When this fell apart, it's not beyond the bounds of possibilities that the main investors said enough. Furthermore, if you were a potential farm in partner, would you want to farm in with him running the company. Just look at the millions wasted on dusters, legal disputes and unwarranted bonuses over the last number of years.

Pagent holdings have probably lost 50% plus on their 15% holding. Similar for the rest.

It's going to be a worse deal for sure. There will be no full carry unless they put together a number of partners. Still think an outright sake of exola is very likely option too. If you are innocent enough to take a chairman's word on something as subjectice as "world class assets" at a given point in time, this probably isn't the share for you.

I don't think they need either of the tallow director in full time capacity. The data room is set up for ages. Anyone interested has made themselves known. They don't need contracts just to negotiate something.

Ticking up a bit in London over the last few days.

Thanks Longwait!

Longwait

That half million is on dublin exchange? Where are you viewing it?

Thanks

Mrd, this line you wrote in your post isn't correct.

"Tullow has 1 billion liquidity which means real debt stands at $1.9 billion"

Probably want to get all their clients out! ; )

Hereshopin, you post plenty too! What's your point?

It's two separate production revisions over as many months, the second of which extends to 2023. Ghana very little to do with it.

25 for 49 Rights Issue Mar 2017

Guiding 70-80 next year and 70k for three following years.

Auson...What do you Base it on that it will be back over £1? You can see people are posting looking for guidance and you are posting finger in the air targets? No one knows where it will go other than they have some really serious problems they are starting to address.

I call it average at the very best!

Hold unless you can't afford to lose anymore. That's my opinion but DYOR and good luck.

They are raising a valid consideration to PI! I'm sure you were screaming buy a few weeks ago as well

A lot of people here posting that this will come good were saying the exact same thing a short time ago when they announced heavy oil and production miss. I'd urge anyone to have a listen to the call this morning and also to review the debt commitments in the context of the restated production before you go buying shares at the moment.

Having listen to a car crash of a conference call, you can definitely rule Tullow the company out of anything providence related. I don't think they will exist in a years time. I think McCoss is being hard done by. The issues are not in his remit. Be delighted if he devotes more time to PVR.

That call wasn't very reassuring.

I think we just have a different opinion about this. I see it that they are looking to buy interests in later stage existing developments that majors or smaller are looking to move on from for whatever reason. I doubt they want to be getting bogged down in a clusterf#$k that PVR is at present whatever its potential. I doubt their backers had PVR in mind when they put it together.

I don't think they will be the white knight for PVR