Member Info for JMAX

Hi,
I have been out of Fres since mid 2016. I am just doing my research but this looks like value.

A nice little rise and this drill is expected to last 34 days - early October completion.

https://www.irishtimes.com/business/energy-and-resources/tullow-oil-can-still-make-money-if-oil-prices-fall-more-than-25-1.3620950

Hello people,

I am in for the long term. I see it like this - I am looking for around £5.00. For us to get there we obviously need the debt to keep going down and oil prices to stay $70plus. However, despite the rights issue, should this happen and with our reserves we could get quite a bit higher too.

And this:

https://www.telegraph.co.uk/business/2018/07/18/tullow-oil-struck-double-blow-africa/

It's not that bad. Like you say, we had a provision for $128M - So we take a hit for $12M, which is very little in the grand scheme.

28th June

I think 220s are definitely possible and lower depending on what opec agree. The maintenance shutdown is currently distorting the true price.

Thank you Akhtar, that is exactly what I was looking for. I agreed with the positive opinion on this share - and - I bought when there was 'blood on the street' as WB would say.

It's good to see you back on this board. I tried to find a post you made on here a while ago about Tullow's hedging, can you remind me of this post please? Was there flexibility in this agreement?

Hi, I have being doing some quick research and this massive drop seems like a huge overreaction - and directors are buying - I'm very tempted.

Room - have you averaged down ? If you are so certain of this rise then you should be mopping these shares up. I hope you are correct for 2019.

By my standards I am deep in TLW - but I am long term and I am looking for �4.50minimum. For those who are prepared to wait this will come good - and we have so much of the black stuff still in the ground.

Next update is 27th June

I like many others would be delighted with �14 - but with the debt and the RI I just cant see it any time soon.

I agree Gusher. However, the Capital Group did dump a huge amount of shares recently - which could hold us back, but not forever.

Trading update next week, oil 70plus for now - things are looking up :)

Check the issue date - ancient

Google Finance is what I still use - don't like the new version. General question: Say I had spent 5k on TLW bought in tranches - if I sold 1k worth - is it the norm for the broker to keep my average share price the same but to reduce my book cost?

I sold a small tranche at 1.94