REASONS TO BUY TLW RIGHT NOW !!16 Jun 2020 14:42
1. Demand rebounding. OPEC + supply cut. US Shale is devastated
Supply deficit in July will see Brent over $50. Breakeven is $35
2. New CEO starting shortly - impressive track record. Founded and built $2bn oil company
in 5 years. Reputation for getting projects completed below budget.
3. Kenya sale imminent – could rise 50% rise on news !!
4. Another rig coming online in 2nd half on TEN field - should produce 10k. 5k to TLW
5. Production will exceed guidance – 75k-80k maybe
6. Hottest exploration acreage in world