Member Info for JMAX

2.5% royalties from Uganda on 200k production form Mid 2026 if the price of oil stays above 75 dollars.

That is basically equivalent to 10k barrels of oil production

Are you sure ?

TLW owned circa 33% of the project and contingent payments of 2.5% kick in when the OP is above $62 a barrel. Nothing to get excited about.

T-Man,

You are never right are you - just like when you were loading up at 50p.

Xx,

The TLW SP only needs to 4X to get back to the range when the OP was last over $100....

With the OP near $100 - name another oiler that needs a 50% rise to match its 52 week high ?

The truth not only hurts but it triggers losers too.

I called this situation over a year ago - did anyone else :)

Barn, how was this for a contribution:

JMAX

Posted in: TLW

Posts: 5,924

RE: TRUMP23 Jan 2025 18:43

War in the ME will take oil above $100 - but TLW just don't produce enough oil.

Barn,

You claim to have blocked me - so how would you know what I contribute ?

:)

Why have Sam, Azvalor and others not bought more shares if this is only going one way?

A 50% rise from here to get back to the 52 week high :)

'Not Long' until we see £60.00. :)

Anton,

Who are 'they' ?

TLW kindly gave their Jamaican assets to UOG - what a clanger.

Marcel,

Are you disagreeing with fact ?

When the debt was touching $5B. TLW were producing 78k bopd, they still owned Uganda, Kenya, Gabon and other assets and their 2P reserves were significantly greater than today.

Markets aren't in turmoil, and FRES hedges their oil purchasing.

Well why is the SP no where near the 52 week high, when oil is over $100 ?

Just look at ENQ, KOS or BP, Shell all doing well - but not TLW.

:)

The oil production sold at spot is no where near 40k per day.

Loon,

I asked a reasonable question- are you able to answer it or not ?

How many barrels of oil per day are TLW selling at spot price ?