Member Info for laidback

$35.28

Up 42% !!!

This will survive and multibag from here imo.

Once in a lifetime chance I think

Hopefully confirmation of loan facilities this month will boost the sp.

Worst case scenario is that there is negative cash flow this year.

2021 everyone is expecting a bounce back in global economy !

Shale oil wells output goes down by 60% in first year. So they need to constantly drill new wells to maintain production.

We shall see a steep fall off in US shale production over coming months, just as world starts getting back to work. Could be the perfect storm for sharply higher oil prices.

Down 44 this week !!

£1 this time next year imo

Could reduce 5m bopd in 12 months imo.... now that would be a result !!

Down 22 this week !!

Nearly all in Permian

US shale is super fooked

Shale output drops
Virus disappears over summer
Ussr n Saudi resume cooperation
Economic activity starts again in 3 months
New CEO
At least 1 farmdown announced

We could see £1+ again imo

This is priced for liquidation imo ... no equity at all !!

This is the day !!

I think $1bn sales would not be mentioned under Dorothy's watch unless talks were well advanced

Buy buy buy all day long imo .... once in a life time opportunity imo

GL all

This has now been kitchen sinked twice. A perfect storm of the governess from Mathilda, Covid 29 pandemic and OPEC + civil war.

Having said that, the underlying assets and business are robust, and the business will come out stronger from all this from the rationalisation and reorganisation

Could turn out to be the bargain of the century imo

13m production this week ... 100k less than last week.

I think it's peaked and will start falling from now on hopefully

$34.65

Looks like bounce back today

Tlw recovering

Pmo falling

I'm actually relaxed about Tlw

Markets always bounce back ... just hold onto your titties and ride it out lol

Announcement of just one sale and this will shoot up !!

Probably worst time ever got oil market in last 30 years .... TLW will emerge much stronger imo

All oil companies are struggling....what other RNS you expect ??!!

Main point - Tlw fine for 2020 - which is a very long time for world to change. Who knows Brent may be back to $70 by December 20.... then this will be back over £1.50