Member Info for JMAX

Where did the 700m come from....

I must be feeling unwell because I have a strange desire to start buying TLW shares.

It is far from ideal but depending on the small print of the Kenya deal - could TLW borrow against their share of this asset.

There is no denying that this company has been badly managed over the last 4 years. RD has been a disaster and he gambled on Ghana and higher oil prices.

From my understanding they are currently infill drilling, and the seismic data is for potential drill locations.

Anton what's your average ?

It's only really a few 'experts' on here who have been fooled.

If after reviewing new data the reserves are increased then this will be reflected in the value of the company. Some on here seem to think that a T/O price would be decided by potential buyers - this would only happen due to corruption.

Who would want to T/O this company and why ?

The realists already know all of this and a T/O would be disastrous for the longs. However, this article does not allow for delayed lifts, new wells coming online and the analysis of the seismic data.

Do we need to see silver holding above $35 before this really moves....

Don wouldn't last 44 days with the mighty TLW.

How many of these 'great managers' either inherited good players or had to spend a fortune to get some success.

TLW need a Brian Clough.

RD did say that 2025, would be a transformational year.

The Boss has said £20plus - so hold tight.

A few basic estimated calcs show that debt hasn't increased.

The biggest issue is the lowly production. I believe this will be turned around - but the lack of directors and big players buying is a concern.

Blue,

Are you worried ?

It's too late to be worried - the more astute posters on here predicted this situation.