Member Info for JMAX

Are you saying that FRES at £37.00 - is based on silver at $40.

Who was the Wally you thought this would fly when the results came out :)

Anton,

Check out my posting history from spring 2021, I had bought sub 10p and started dumping 40p plus.

Read it and you might learn something :)

' Change the tape, the company was not refinanced at the expense of the SP growth - the SP has surged massively from its lows'.

The 52 week was about 22p when the oil price was around $70AA

YWSML :)

Stan,

I'm long retired - keep paying for the new comers :)

I worked directly in this industry and when shares are borrowed for Zombie companies the fees can be insignificant.

No one was going short at 5p when anyone with a fraction of sense knew that the Co would be refinanced at the expense of sp growth.

They are not sold immediately.

As for shorters- they may have borrowed shares - but they may not have sold them yet :)

Xx,

Who has a more accurate posting record than me:)

How can they lock in these prices ?

Oil over $100 and TLW sub 15p.

Loon,

Please explain - if you can't explain then clearly you do not understand the situation.

Loon,

If I am wrong please explain why ?

How long have they borrowed the shares for - they can wait for the op to collapse.

The market is forward looking and with oil prices rising..........

Few Dollars More

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.

Loon,

You mentioned contingent payments from Kenya - when can TLW expect to begin receiving them ?

If it turns out that a significant amount of production - say 20% plus, has a ceiling hedge then serious questions need to be asked - because the only realistic way to transform TLW is through high oil prices.

In 2022, TLW lost out on $319m - due to hedging ceiling prices.

Hedging 50-60% on the downside possibly- but on the upside ? If so the longs have been screwed again.

All of this info is outdated.