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Not always, look at harbour energy’s wintershall dea RNS, share price was stable up until the RNS landed in the morning then it rose 30+ % on the day… that deal will have been under negotiation for months.

Roald Goathe likely to be just as frustrated as many of us longs, sold his Tullow bonds below par on last buy back, put the proceeds in Tullow shares only for the bonds to rise further and Shares to fall a fair amount..

hopefully some news on the tax issue soon and not drag on too long.. you would think a few good lawyers and accountants should come up with the correct figures in a reasonable timeframe!

Sick of every day being red.. is today going to be lowest close in 6 months.

Does anyone know the timeframe when arbitration should be concluded once commenced in court?

Sadly religious beliefs has been the cause of wars for hundreds of years

Anton I was thinking similar, The share price doesn’t seem to react to broker upgrades, and I can’t understand the hold Jeffries has on this share either, coordinated attack likely… A lot of oilers have been performing poor over the past few months. Inflation, interest rates, cost of living, bond prices, it’s all stacked against us. The world is a dangerous place right now with wars etc which is dragging on sentiment of certain sectors. Even with all this Tullow is undervalued regardless.

Todays share price is looking like scafell pikes incline

Share price should never have been pulled back to 30p to begin…

Trading statements looking good to me!

Https://www.upstreamonline.com/production/tullow-oil-well-glitches-in-ghana-impact-production-remedies-at-hand/2-1-1551367#:~:text=Tullow%20Oil%20has%20hit%20downhole,in%20average%20production%20for%202023.

Looks like this is the cause of lower numbers but output will be recouped

A very negative article from the self declared shorter… the question I have is why would Roald Goethe sell his bonds below par then buy shares with the proceeds if he wasn’t confident in the companies value increasing…

Maybe some of the drop is related to the news article that Ruto has asked Tullow to look at building a refinery instead of a pipeline and use the products for domestic use, after all these wasted months of reviewing the FDP. So likely a revised FDP including a refinery will now have to be submitted, idiots. Are they also going to request discounted domestic use products too. Such a significant change may cause the potential farm in partners to walk, or maybe they will favour it, who knows, refined products will likely increase the security risk of the valuable refined products being hijacked after leaving the refinery. I guess this will kick the can down the roads a few more years. Ruto get your damn check book out. Think Tullow need to issue a update to clarify on Africa intelligence article.

Positive is Turkana not been written off, not sure if this would mean FDP has to be revised and go back through consultation. Also refinery costly at around 4billion but would avoid the heated pipeline

I believe now is NOT the time to sell, the US spring rate cut market optimism is going to work wonders in Q1 2024 for indebted companies like Tullow that have been pulled down in 2023. Debt and refinancing is no longer an issue. Increased production, director buys and possible Kenya FDP approval in Q1. Oil pull back into 70s is transient and will steady above $80 in January. I’d rather follow the actions of a director buying than random posters comments on chat boards.

It’s not negative, London south east prices delayed by 15 mins. Also the first 15 mins of the trading on other sites appear to bounce all over the place with delayed trades from previous days. To get a true price I do a dummy sell on a small volume of share to see what price comes up.

Another positive day today, 39p plus, US rate cuts market optimism continues

Back into 40’s January then upwards from there on I’m predicting. Sentiment is turning a corner. Directors buying, Inflation falling, US interest rates predicted to start being cut in spring, Tullow debt no longer a issue, increased production. Will Kenya happen? Who knows! Kenya already priced in as a failure.

It’s up! That’s a change for a couple of weeks.

Needs to be balanced to work financially and environmentally, so yeh approve Turkana and offset the carbon footprint with solar and wind renewables using the Turkana revenue.. it’s a win win for kenya

Tullow missed out on the share price rally when oil was soaring due to Ukraine etc.. now oil going negative, I have a feeling the US government are manipulating the US crude/fuel inventories reporting to push prices down to combat inflation. The risky situation with OPEC is if they reduce output, other increase their output to cash in. Playing with fire as Saudi could flood the market again crushing prices to bankrupt others like 2020.