Member Info for fewdollorsmore

Someone got some balls. Bought £240,000 worth at close. Beats my 2.5k @4.25P by a mile. Crazty times

Any one brave enough to buy at these levels?

Normally rises today to get loons like me to buy more and drops like a stone tomorrow. Mind you, its been much higher than this with higher dept.

I have no balls keft to buy more at this price. I asked if Friday could bring good news. Here is the answer below. Good luck to anybody who buys before Friday.

Yes, good news is possible, as Tullow Oil has made significant strategic progress throughout 2025 and analysts see potential for a strong recovery. The upcoming trading statement on Friday could positively surprise the market on several fronts.

Potential areas for good news include:

Successful Debt Refinancing: The company's primary strategic priority for 2025 has been to refinance its capital structure. Management has expressed confidence in achieving this goal, and positive progress or completion of the refinancing would remove a major uncertainty for investors and could significantly boost the share price.

Stronger-than-Expected Production: While the 2025 production forecast was lowered earlier in the year due to asset sales and maintenance, the company's core Ghana assets have demonstrated high operational efficiency (97% facility uptime). If the second half of the year saw better-than-expected production from new wells coming online in Q3, this could be a positive point.

Kenya Asset Sale Completion: Tullow signed an agreement for the sale of its Kenya assets in July 2025, with completion and receipt of the first two payments (totaling $80 million) expected during 2025. Confirmation that this has completed on schedule or earlier than expected would be positive news regarding deleveraging efforts.

Positive Reserves Update: Analysis of the 4D seismic data acquired in Q1 2025 is underway to identify future well locations and drive reserves growth. A positive update on the progress of maturing contingent resources into proven (2P) reserves could indicate strong future growth potential.

Improved Free Cash Flow: The company's full-year free cash flow guidance was previously adjusted to $300 million at $65/bbl, including disposal proceeds and expected overdue gas payments from Ghana. Delivering free cash flow at or above this target, especially if supported by higher current oil prices, would be a strong indicator of financial health.

While challenges remain, the company's focus on operational delivery, cost management, and debt reduction provides several avenues for potentially positive news in the upcoming announcement. Investors can review the official trading statement once released on the Tullow Oil website.

Tempted, but upto my eyeballs in this share. Value now at current share price is £125 million. GLA

Someone is brave today buys at 18k, 45k, 50k & 13k this morning. I suppose its a 2 horse race now, buy @10p and you could loose if restructuring (dept for equity swap) is chosen option to reduce dept of 1.1 billion. You might get 2-5p a share. On the other hand, conditions improve, oil price moves higher and more oil is pumped. Then the outlook is far more positive and refinacing deal will be sorted by new managment with better terms for current share holders. We were informed that shorts had reduced last week, so maybe , just maybe its about to turn and share price gets back to a reasonable level. This share is not for the faint hearted. Very high risk but potentially high returns. GLA

My 57,123 shares bought for 9.99p showing as a buy. So thats nice to see. Wish I had a crystal ball to see price in 3 years time. Fingers crossed we sort out the dept and this share allows me to retire a happy man. High risk for great return. GLA

Thanks MaverickD, appreciated. Painful at this price. Will top up more knowing it's a risky bet. 5 years anniversary this March. Went to 8p and then 60p+ in a matter of weeks. GLA

Great price to enter, opportunity like this don't come around so often. Can move very fast. GLA

This is good news, slight reduction but very strong growth ahead. It's a buy now at 11p. Infact it's significant growth ahead.

New RNS just arrived. Need to read it. GLA

So for any potential new investors. Buy at 11p, sell half at a decent higher level and then the remaining shares are stress free whatever happens. GLA

I bought more at 11p this week. I never learn. Very risky share , but rewards potentially are huge. 10x if refinancing sorted and more oil.pumped . Add in higher oil price at say $90+ then could see £2 a share. Not impossible. Only the negative side, lucky to get back 30% of my investment after 5 years. (2026)

JMAX, if your so clever! Would you buy TWL at this price and what events could make this company go bust or hopfully rise from this very low price. Keep it simple, and pass on your wisdom you bang on about month after month. GLA

Am I seeing things?... Who is crazy enough to invest more money here.

For the record bought a few more in my SIPP this morning. My average must be below 20p now. Will I ever learn. Positive news at last.

Bought out by a big player. Might get some of my investment back.

JMAX , simple question! Would you invest now at this price?

Well said. Most accurate poster on this site. That's what's scared me for months. Seen this happen before, and I lost 100k. Saying that, Tullow could move in the right direction very quickly. Need higher oil price or more oil pumped.

I will hold as selling is this is not an option in my book. Shocking investment what ever happens now. Only one poster on here was spot on and you all want to filter him/her. Will be back if this ever gets over 20p.