Member Info for JMAX

With its assets, TLW will only go under through bad management. So I agree - survival is not guaranteed.

Oiluser
The possibility of him lending share has been mentioned before. im long term and will add sub 10p

Sam buys more and the shorts increase.....

Have the shorts increased recently....

I took a punt on this - 3bagging - I should sell...............but is it worth a lot more?

40p should be declined, 60p would still be cheap

When it comes to PMs I was told - 'If you don't hold it, you don't own it'

My biggest fear is waking up dead one morning - I thought I had when I saw the TLW RNS on 9th Dec

What's a massive average these days ?

Read between the lines

It will only go bust through 'bad management' - look at the assets

No need to sell at that price

Let's hope it's not a Total wipe out

A T/O might depend on TLW selling off problematic non-producing assets and reducing the debt before sealing the deal. Furthermore, in a time of low oil prices, exploration is deemed more costly and risky - whereas TLW has proven assets.

Good post

Borrow from who....

https://oilprice.com/Energy/Crude-Oil/Saudi-Arabia-Doubles-Down-On-Production-As-Prices-Crash.html

It's not all bad Tony. I recently received an email that a distant relative had left me about $10million, to claim this money all I had to do was to send them $20 for administration fees. As I was feeling particularly generous this day - I told them to donate the funds to charity.

IMO it will only go bust through very 'poor management'. Therefore, in time it will recover to 70p plus. A cheap T/O is the bigger threat to those with higher averages.

How much of this is just propaganda....

Hereshopin
I agree, after going through this I would like some decent profit - and if all goes to plan I will sell in tranches. I still think a fair T/O is in the 60p-70p range - but fair counts for nothing in this game.