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Never seen a psycologist in my entire life.
It wouldn't even struck me the idea if it hadn't been for you. Probably you have had many previous experiences with psycologists, as the old saying goes: "he who smelt, it dealt it".
Take a rest from the stock market Biggy, sell!
Deeko you have 70 posts, Rahul has experience as a CEO oiler and at jp morgan and has skin in the game. I would rather trust Rahul over you. At the end of the day Tullow's pockets and Rahul's pockets are aligned with my pockets. Exploration can end up being a sand hole and end in a loss. While production can mean guarateed income. I will rather much trust Rahul.
@Thomie, I wasn't banned I just forgot my password
@JMAX Total has more assets other than Uganda, Total is a giant, I wouldn't be buying Uganda alone, nor would I be buying any bargain purchasing Total's shares and they would certainly not sell me Uganda at the price we sold it to them.
No a toy oil field has no reserves, contingent resources, I can't think of a worst deal than Uganda nor can you, you are an arrogant priick for who posts arrogant childish nonsensical answers and can't see reality for what it is. You messed it up!
You trusted his criterion and we undersold Uganda. Yet FID has not been signed yet (and the Ugandan gob. is not taking Total's assets/licenses away from them) nor have our debt maturities expired (we could have waited for a better offering). Kenya has cheaper development cost and better margins than Uganda, with current oil prices we can get more from Kenya than what we got from selling Uganda.
Stuartv calm down, we are not the only stakeholders, Kenya is an asset not an ongoing concern, they are not trying to steal our property, it's all a poker gamer, with oil at 85 and a break even of 22 it's a no brainer, take it easy, we would be the first company to get stolen before first oil and not actually profitable or wise from the Kenyan gob (it was worse for Repsol when it got it's YPF argentinian branch "nationalized") the thing that concerns me it's not Kenya but Les. He is a liability.
"Without the hedging strategy Tullow would have been in major difficulty last year and years ago. You seem to neglect any sort of research, as to why companies hedge."
To lift an autumn hair is no sign of great strength; to see the sun and moon is no sign of sharp sight; to hear the noise of thunder is no sign of a quick ear. To buy hedges in the worst times is no sign of great management. To sell your silver in the worst times is no sign of great management. Taking all the wrong decisions and yet Dorothy Thoompson and Les Wood got their raise. Tullow shareholders are muppets. You don't have blood in your veins.
Yes, POO at 85+ and we are held down under 50, completely insane.
No it isn't, we have celling on 65%-75% of our production this year(around 40kbopd), until next year we won't see much benefits of increased oil prices. And it will take multiple years of higher oil prices to have a real lasting impact in the SP.
We sold Uganda for a dollar per barrel. Pre-Uganda we were undervalued, now we are 70% down and our production and reserves don't support a 3 billion valuation, we lost a fortune selling Uganda. Hope you were invested in Tullow 2 years ago, Tiger.
"Just give me 63p and I will move on" -> You mean you will sell
I can wait to buy more shares... and so can other buyers... too many impatient short term holders that want to sell... please don't tell us you are even influencing every possible buyer not to buy, just go away and withhold from posting for your own good