Member Info for gotabesirius

Do the directors hold any stock? Thanks

Zero debt. The jv held the debt

Sanctions by the US on US OIL companies.... That's not going to happen!

Can't find anything in the news on this?

Unfortunately he hasn't a clue what he's talking about or how markets function

Tullow is in Africa....think I'd rather be in Iraq!

Precisely. Very interesting week remains

No it isn't!!!

Surely the Company would know if there's a TR1 seller...This is my point

Exactly

That's a much better explanation than mine. Thanks Jimzi

If I'm right this will be 10p by Christmas....Seen this a few times and this situation is excaxtly the same

Not if the shares don't currently exist!

Ever heard of a broker going net short to create space 'stock' for a placing? This stock is then offered to the Company as dilution....if the Company has alternative funding alternatives and the placing is refused.....then what do we get?

I've seen this happen a few times over the years and this has all the hallmarks. Huge volume, company unaware of share price movements but in a marginal cash position....

Watch this space

Look at Capex commitments for 2019! Which are now feeding through into production with a circa 30% increase from earlier in the year. Nickel - please stop doing this. You seem a knowledgeable chap but keep seeing you pop up trying to spread negativity with an obvious agenda / short position. Shorting a 25m buy back programme is a brave move!

Considering they are committing to more buy backs, they obviously aren't concerned

Holding up extremely well given extensive capex. Production at 42,000 now means significant cash will flow into the business, hence another buy back programme. Deferral of 55,000 target by a couple of months is not ideal but overshadowed by the much more significant positives in this RNS. Great progress!

Bang on, anything commodity related is getting hit today

Afraid not, but if you google unb Ukraine you'll get their website, I have their production at around 40,000 boepd.....

More to the point, what if they don't get a transit deal arranged!