Member Info for January2

Looking at last years Feb update, you won't get fcf for 2022.
Simply put, You will get;
2021 - net debt year end, production , POO, hedges and ops info historic.
2022 - production guidance, hedges, ops info and any new plans !

POG, a bit of support where she is at the moment.
It may hold. You want it to stay above 1810. Still worries about Ukraine/russia.
If 1800 holds overnight then good sign. Could bounce back a bit tomorrow.

Scrodingercat,
Why pop at me. You should be speaking to your CE. They are HIS figures. Read the RNS man.
Are you saying that your CE is not a honest broker ?
I am the messenger that's all.
Anyway off out to dine with friends, catch you all later.

Antonvb
Lol, You must think people on this board are stupid. They can all see that -
If you truly did not give a sh...,.t. Then why would you reply to me ? You replied because you do care. So you don't tell the truth.
In my experience people like you start the swearing when you have Lost the argument.
Calm down and take the emotion out of it matey. It will make you a better investor and person !

Bushy will pay the 8 million !
He knows a "dead cert" when he sees one !

- Look maybe this is the bottom now.
It could be, providing there is good news to come and NO more dissapointments ! oh and POG does not fall !
But who knows .

sandyr1,
You will pay down bugger all debt in 2022.
In your CE's own words, you will have only 100m to do it !
Some on here are saying Kenya blah blah and talking as if you know more than your own CE does about the numbers. He's the boss, he knows what TLW are doing and how that equates to the P&L and Balance Sheet.

antonvb and candi,
You are obviously investors that live in the past and like to "look back".
Best to look forward eh ! I prefer to look at what money I WILL be making in the future !
The SP at ENQ will rocket due to the high FCF being made this year 2022.
Sadly TLW ( your CE's own words ) look to just make a poultry 100m fcf to pay off debt - I can't see this going anywhere until 2023 at the earliest. You have a long wait lads !
Maybe why your stuck in the past !!!!!

The Maths;

TLW = 2021- fcf 250m Debt 2.1b 2022 - fcf 100m Debt 2.0b
ENQ = 2021 -fcf 350m Debt 1.3b 2022 - fcf 600m Debt just 700m

Now TLW have confirmed their figures, however we only have H1 for ENQ confirmed, however many on the ENQ board have come to the same conclusion on fcf. lets see what Enquest say next week !
It looks to me that the horse that I am on is just starting to "Canter" while yours is still "pulled-up Lame"
Would you agree ?

Come on capdailbrit,
Do the maths !
Just read the TLW outlook for 2022 - fcf for year forecast at only 100m !!!?? You will be waiting until 2023 for any meaningful fcf (at best) Debt will be serviced plus you may knock a measly 100m off it !
ENQ did more than that in H! 2021 (147m) I have on my forecast a 600-700m fcf for 2022. Their update next week will either confirm or deny me my expected fcf for 2022.

Agreed Oiluser,
However ENQ should have free cash flow of circa 350-400m for 2021 . Where TLW who produce 20% more only has 250m.
This is telling me ENQ are able to squeeze more fcf from less production. Maybe they have a better control of costs ?
I still think that I am sitting on the better "horse" !

Can't you see the strategy or are you blind !
It's rinse and repeat - Tullow are chasing production and are not chasing debt reduction.
Yes you will replace depletion but you will not see any meaningful debt reduction =
Any Profits will be used to service the high debt at a high interest rate ! Any money left after Capex and Opex will go to the Banks , not you !
I can't see any value left for shareholders !
What FCF will TLW make in 2022 ? fcuk alls

I think you are seriously wrong gold_hummingbird.
It is ALL about Yanfolila at the moment because it's the only thing putting any money in the bank to pay the bills and wages. Without Yanfolila, then no revenue - Or are you looking for another equity raise ?
No - silly statement by you ! If Yanfolila makes good profit then you shareholder's will not need to dip your hands in your pockets again. If it makes a loss then you could be asked too, unless new mines can be fully funded by bank loans. Which are likely to be at high interest rates. So you then have a scenario of making money for the payment of bank interest.
NO they need to manage Yanfolila better !

- NO trades
- NO volume = Stuck !

Tullow, not going for paying down debt then !
They followed this high growth production strategy before, and look where that got them !
- High debt and High interest payments and Huge Market Slide in valuation ! Looks like they are keeping the same old strategy which did not work last time - Rinse and repeat !
Enquest looks the best place to be !

Like others here,
I have around 700m fcf for 2022. Circa Double 2021.

Mr c,
What are you on this morning. Lol
We did 145m FCF at the half way stage for 2021. Read our half year results. We will do 350-400m for the full 2021.

Yes story run by marketwatch too.
Rahul Dhir, chief executive at Tullow Oil saying 250m fcf for 2021. Their Market Cap is over 800m

We should do fcf of 350m - 400m in my opinion for 2021. Our Market Cap is under 400m. I see US closing this gap between us and Tullow as well as benefiting from sector growth due to POO. We are very profitable compared to our peers ! More Incoming investment for ENQ over the next few months will drive up our valuation as we have excellent cost control.

Reuters - Tullow saying their FCF for 2021 at 250m.

Well I think we will beat that for 2021 !

New 52 week low today, so maybe the bottom is not "in" yet !
To give balance - maybe it is !
However I feel that the market needs some assurances on "stability" in Mali along with new improved production and costs data. At present , one for the "watchlist" only !

Not gone private, surprised me . Along with the fact that the share price has not dropped a lot further due to Putin being on the door=step !