Member Info for JMAX

My posting history shows that I recently banked 15% profit before the obvious pull back ;)

Where is the room to rise when the SP hasn't been over 40p for more than a year. .

Oh, and Uganda was sold during the huge down turn.

When the debt was nearly $5B, the share price was many times what it is now.

There were no taker- over offers when this was sub 10p.

The lowly share price says it all, fact.

Tullow total equity -£359M

Yes, minus £359 Million.

Cap,

Are you mental, if these companies are so financially similar - why then is there such a difference in the share prices?

Tlw total assets 4.46B - Total liabilities 4.8B

Kos total assets 4.94B - Total liabilities 3.9B

Shares in issue, Tlw 1.45B

Kos 471M

From YE 2023.

Cap,

Check out the basics. Assets Vs Liabilities, shares in issue etc

TLW have tried to sell Kenya and there were no takers, and the other two partners walked away without even asking for a share of the circa $2B in expenses that can begin to be reclaimed once oil production begins.

The problem is not with TLW or RD, but with the expectations that some on this board have.

What would you like RD to do?

If RD doesn't get Kenya over the line then Kenya will be relinquished.

Production guidance for the year is lame, the market saw though the 7k of gas.

Not great is it.

Where is the outrage for Anton and Co, and all the nonsense they have posted:

Ramping at 63p

Claiming that 10th May 2022 was the dead line for a Kenya deal.

Constantly claiming that a Kenya deal is imminent.

Attacking me for posting that TLW now own 100% of the Kenya project.

The rampers on this board have been consistently wrong for about 4 years. Not to mention deliberately trying to spread false information

My posting history is fairly accurate

I never said it would hit 30p.

Is the SP being held at this level to pave the way for a cheap T/O ?

Any sign of a Kenya deal and there will be a cheap take over.

Gogadget clearly hasn't got a clue:

gogadget

Posted in: TLW

Posts: 312

Price: 36.54

No Opinion

RE: Kenya29 Apr 2024 10:37

I don’t see how they can claim their expenses back from Kenyan government if they sell the asset. Tax purposes yes. Be easier to relinquish than negotiate a sale for a $1. More negativity from JMAX. Anyway you haven’t said if you will take me up on the gamble

Read the small print. Once production begins TLW can begin to reclaim circa $2B in expenses