Member Info for JMAX

Who in their right mind would think that a dividend was likely.

This board has been cluttered up with nonsense being posted by the dwarf and the other idiots for several years.

A maverick CEO, could turn this around. They could 'give' Kenya away on the proviso of TLW incrementally claiming back over $1B in expenses once oil production begins - as per the contract, and include other contingent payments.

This rather simple agreement was take the sp north of £1.00

Thunder,

The market expected TLW to be successful in the tax dispute. However, the reason for the pullback is due to a lack of leadership and a low end of 44k bopd production guidance.

Toli,

Very true, the last real pump and dump here was when it was taken up to 40p for no good reason - but the naive on here got taken for a ride.

The current SP is not significant as this Co is easily worth 50p per share in the long term. Unless evil forces are at work there will be no T/O.

Anton has been consistently wrong for 5 years.

FDM,

If they sort out the production issues then it will recover. They badly need a charismatic CEO who can make things happen.

Anton and the other losers try to attack anyone who is realist about TLW.

Who called sell at 39p...

The 'gas deal' was always just a blag. TLW continue to show disrespect by including it in production figures when it is nothing but misleading.

Stanley,

You clearly do not know what you are talking about. The fact that Total Energies were only interested in Uganda says it all.

Ps During the period you refer to - TLW stated that they didn't have a single offer for Kenya - the same 'asset' that the JVs walked away from :)

What is TLWs share of Jubilee worth - selling it and going back to the drawing board could be an option.

Taken from the update:

Rahul Dhir, Chief Executive Officer, Tullow, commented today:

"Over the last four years, through our commitment to operational excellence and prudent implementation of efficiencies we have continued to generate free cash flow and have significantly reduced our net debt from c.$2.81 billion to c.$1.45 billion. Our improved balance sheet, alongside the extension of our revolving credit facility, positions us well as we look to manage our debt maturities and optimise the Group's capital structure in 2025. Following the successful resolution of the Ghana Branch Profits Remittance Tax arbitration and a return to drilling at Jubilee, combined with production optimisation activities to reduce decline rates and further cost reductions, 2025 is set to be an exciting year for Tullow as we lay the foundations for capital returns and pan-African growth."

Smoke and mirrors or what....

I don't doubt that they will refinance - but on what terms and most likely at the expense of the SP.

Mackerel,

There's something very fishy about you.

Where are the other 'experts' :)

There was a good reason why Total only bought Uganda during TLWs fire sale - the other 'assets' are ageing, expensive to develop and complicated.

Coop,

The location, pipeline / transportation and the government make this an unattractive project.

The JVs walked away asking for nothing.

TLW have been trying to sell Kenya for over a decade - you would do well to give it away on the basis of contingent payments.

Don't be so touchy, maybe you live in a country that is sinking like a brick :)

Big Sam was buying millions of shares when this was 60p .....

This wasn't a take-over target at sub 10p. The sp went from well over 200p to around 60p in late 2019, for several good reasons, then we had the Rona.

Why would anyone want this company.....