Member Info for JMAX

We have known about the political situation for several months. I took a tranche at 802

Good afternoon people :)

I am now at a paper loss, I didn't want to be out of this at these low prices and I am waiting to add more. GLA

Sub 820 would be tempting :)

UT - Uncrossing Trade

Drone123

Let's also include the debt and the Rights Issue.

Nothing that significant.....

https://www.ghanagrio.com/news/547672-tullow-to-increase-oil-production-to-180-000-barrels-in-2019.html

Tullow have a decent hedging strategy in place
https://www.tullowoil.com/Media/docs/default-source/3_investors/tullow-oil-plc-overview-presentation_may-18.pdf?sfvrsn=2 See slide 11

And

OPEC https://oilprice.com/Latest-Energy-News/World-News/OPEC-Prepared-To-Call-Extraordinary-Meeting-As-Oil-Falls.html

But this is not new information - we hit 970 around the time this was last in the news.

My thoughts too - but we have seen this before with fres, it's why I like this share.

JPM have a serious interest in silver.

https://oilprice.com/Energy/Crude-Oil/UAE-OPEC-Very-Likely-To-Agree-To-Oil-Production-Cuts.html

DBNO, you know value when you see it :)

I would rather the debt was paid down instead of paying dividends. I'm still buying in tranches.

Exactly, some type of signal

I am not expecting too much, just hoping the debt has been reduced. I just read a rather negative article in the Investor's Chronicle regarding TLW. However, I am still positive 🙂

Thursday

Indeed, great value.

I added more today. This scenario looks similar to late 2015....hopefully we can have a similar 6 month turn around!

It looks like value - I'm buying in tranches to hopefully smooth out the bumps a little