Member Info for JMAX

If this share is being manipulated to keep the SP low - why then are are buyers not flooding in? With PoO at about $120, low volume and no scheduled update for 6 weeks it could be a long wait - unless trading it.

No

The most likely place that good news will come from is a successful Repsol drill, this result should be in around the time of our next update.

BigR,
Good point, just to break even a PI would need to make 15%pa to keep up with inflation.
Anton,
In percentage terms would is your definition of the SP flying ?

It has been mentioned on here before about the constant lack of enthusiasm. Is the SP being deliberately suppressed for other reasons.

If would be helpful if someone was to ask what average price we are currently achieving PB.

Anton,
That could be the dilemma for some - so have a strategy in place.

Short term price fluctuations are irrelevant. Let's see what price we are now averaging PB, the wider market thinks we are still shackled by the hedging.

That's a low target for me - 1500p and then just follow closely as it continues to rise.

I have never unloaded - have held since 900p and traded my was into profit.

It will be a good update. TLW averaged $86 PB for January and Brent has been much higher since then - and this is not currently reflected in our SP, so I have bought more. GLA

Correction 'average price for Feb and March'

The RNS in February stated that TLW were averaging $86 per barrel - with the average Brent price for this month being $86.51. Since then the average Brent price for March and April has been $97.14 and $117.25 respectively and the pre-emption was concluded during this period. How much of this is priced in ?

Repsol drill ? Results expected in mid July.

Carv,
Good post, but there is still time for this to be traded too.

Asking your broker for the physical share certificates would be a start - ?

Bonker,
Do you get paid for posting on here?

I can see why some would buy physical, but it's not for me - due to trouble selling and the prices paid. Real interest rates should be at least 1% above the inflation rate - but I can't see that happening anytime soon.

Does Fres hedge it's oil costs ?
In these uncertain times where does one invest - my living expense inflation is over 15%.

Or contact London Stock Exchange, and they would have to tell us why TLW are off line. But a T/O of some sort seems probable.

And did someone on here say that IR hadn't responded to their emails?