Member Info for laidback

Dxaaa
I suspect now with deal confirmation, shorters will have to close. Should propel sp even higher !

The key thing is that $575m allows for a new strateg to be omplemented. Ok, it is selling some family silverware but much better than an eequity raise.

And Tullow is still asset rich after the sale. I think Pmo got clobbered because they could not monetize their Zama discovery. For Tullow to get this deal done is a game changer.

Onwards and upwards. Me big long on this !!

@STOCKBUSTER
This is a big deal. $500m is twice the market cap. You really think this will be a damp squib ?!

Confirmation of this deal is game-changing news !

@johnygaddae
I lost huge amount here guys, it looked a very good investments .... but life is unpredictable. Hey ho.... i shrug it off, accept the loss and move on. Better days always come....

@Sammy
What's your problem mate?

@Dzaaaa
Yes all hurdles to the sale have now been overcome according to Total and deal.should be closed very very soon. The sale receipt is imminent. It's looking like a massive boost for Tullow who should have $575m banked from sale. That us twice the market capital. Monday will be a very good day for Tullow Oil I think!

CMD in November will set out future strategy and best use of the $500m

It's clear good is a shorter and bricking it

This sale is a great buy for Total, but even more important for Tullow.

The length it's taken to get to the point of completion allowed for doubts to creep in. Sp hit 40p plus when oil was lower. The 'unceratainty' and shorting forced price slump from 40p to 14p.

It is almost certain now that the transaction will complete in days or weeks, and Tullow will have $575m in bank by the end of the year. That is over twice market cap at present !

I think we will see a huge upswing on Monday. Shorters should be running for the exits if they had any sense. This is not Cine !!

Roll on Monday. Enjoy your weekend guys (even you shorters.... money isn't everything ;)

Go All. Dyor

Shorters might get a severe burning soon

As you know I sold out of Cine after suffering 50% losses and got into Tullow Oil @15p

Total have just confirmed that sale of Tullow's Uganda stake is nearly finalised and $500m will be received by Tullow "within days or weeks"

So I see a massive jump in Tullow sp on Monday. If it hits 30p soon, then I recover all my losses from Cine.

Wish me luck everybody xxx

ps. I may jump back into Cine once it's future becomes clearer. I've been badly burned here

Well shorters and derampers cannot argue with that.... straight from the horses mouth so to speak

Tullow will have $500m banked very soon

Then bring on CMD in November

Could be 50p+ by then

What a fantastic start to the week for all It is

GL All. Dyor

Lack of info is causing this fall !

What a dog of a share !

So it looks to complete by23rd October....no indications at all that it has been delayed

@Tornadotony
Do you have any links or is that just your opinion?

$500m payable on completion of sale, not FID

The deal is expected to compete in Q4.

We have just started Q4 !!

Happier with the new team as compared to the old one.

Need to give them time to show results

It is scheduled for Q4...Q4 has just started

All parties want the deal to happen

This can jump 50 % in a day

$500m receipt news could do that !

$43.32