Member Info for Longish

Dorothy is also a non exec on the board of the bank of england. So this management team is nothing like Sh#tty's band of merrymen

I am using the current market drop to rebalance my portfolio. The current trend to cut dividends is niw messing with my income. TLW however meets my long term hold multibagger to repair my portfolio capital value. If you are not day trading, ignore the noise. I am not selling and hope to get back in on TLW. We wont see 7 again...

6% or 7% of americans work in the oil and gas industry. Trump wants jobs and votes, not low oil prices. And texas democrat candidates on the sideline right now

'world daily production'
I thought it was 100m bpd ....c.10% cut

*cooperation

Think the markets will be lifted by improved international coopetation. Think the market narrative will turn to demand and getting economies back to work and end this spiral down.

SA increased their baseline so the cut wasnt a cut..

Wonder if les hedged the remaining revenue at $36/$35.? Useful to remove any doubters

..breakeven fcf

...if we get $35 Brent, tlw trips the light fantastic? ...$34.96 at the moment

think cazenove has it at 26 recently. a worried market will cling to that. good news like a production deal will be +ve sentiment versus soft demand side and global isolationism. AGM, CEO, FIDs are going to be rocket fuel imo.

I think 27 start and 30 finish but shorts might not want to be in over the weekend...35 would be very nice

tomorrow anyone?

US filling up cheap. They will barter something else, military aid etc. SA will then cut production by 14mbl or some factor in conjuction with Opec. Russia will walk or barter their production cut with ano

not me. added small amount at open..could have waited for close...

US will happily take cheap oil to subsidise its own interests
TLWs principle interests are in the African countries and FID rns due shortly. Fundemmentally sound and solid horizon value from here
AGM 23 April
FTSE 250 candidate June

added a few on the open. market taking a breather this morning me thinks

Brent up at the moment. $33.30.
TLW has its own 'puddle of liquidity' and there is little downside from the deal imo.
AGM 23 April update and june ftse 250 entry are key milestones to 100p

and AGM Trading Update 23 Apr 2020. for the diary..

Interesting to forecast based on historic data, but anything can happen. The future is unknowable. So fundementals really important and TLW is turning that screw 1 RNS at a time.
https://tradingeconomics.com/commodity/brent-crude-oil