Member Info for laidback

Be careful here guys

Equity raise may be coming

Lockdowns are increasing

Another equity raise will happen imo

Last one at 700p, next one at 450p ?

I think we will see 400p at some point ...

With second lockdown looming, they should raise fresh equity now at 350p to ensure liquidity for next 6 months

Just imo

Nothing special about EZJ, is there ?

$42.53

Back in July RBL ad not been confirmed

And now we're waiting for $500m sale proceeds to land

Multibagger from these levels ?

Haemoragging cash every day

No end in sight for pandemic

Whats happening here?!

Cost savings of $125m are huge... in two years make up the market cap of Tullow

$500m Ugandan sale receipt is 2x mkt cap .... crazy prices !!

$42.38

http://www.energyintel.com/pages/eig_article.aspx?DocID=1085505

https://www.energyvoice.com/oilandgas/africa/265210/tanzania-uganda-total-pipeline/

A second lockdown is looming

If there is no government assistance I can't see how another cash call can be avoided here

Tlw are still expecting to complete in time ... there's nothing to indicate otherwise

So sale proceeds should be dropping later this month

Gl All. Dyor

This news could land anytime

Anyone know the initial bid price ?

The market cap is so low that dilution is not a solution

The receipt of $500m is twice the market cap !!

I think the reason was fear of the second wave

If vaccine approved next few months and we get the $500m receipt from Total, I can't see why year end price cannot be 40p+

Plus if Biden wins:

1. There will be even less fracking in US
2. A China trade deal more likely

Both these should boost oil prices

Just imo

Gl All. Dyor

Ugandan sale receipt of $500m is a huge boost

So results of review should be an upgrade- but maybe I'm just ramping lol

Are also targeting $1bn sake of assets in total. I cannot see how the credit rating will not be top notch after all these sakes are in the bag.

This share us only going one way imo, and it is not down !

We need Rahul in the job for at least a year and then we will see major reratings here.