Member Info for Maverick7

Last location on vessel finder as below

AIS Type Other type
Flag United Kingdom
Destination TEN FIELD
ETA Jan 31, 05:00
IMO / MMSI 9428932 / 235074573
Callsign 2COV5
Length / Beam 227 / 45 m
Current draught 12.0 m
Course / Speed 24.0° / 0.1 kn
Coordinates 4.542 N/3.1975 W
Last report Apr 21, 2019 20:29 UTC

Offshore Ghana, but that was well over a month ago

Drone - now you are a liar as well as a numpty. Do sad people like you, like to make things up? What losses have I incurred?
Sorry, but I don’t converse with lying lowlife which you are

So if Keith Hill thinks that we are on for 8th June spud, surely the drill rig is on its way. If it’s location is not visible in West Africa, have they switched off the transponder?

lol Drone, i made 40%, you made jack all. Rinse and repeat, i will buy back in soon and make at least the same again, whilst you will just drone on, talking the same nonsense and being none the richer.

Any numpty can see the share price is related to macro economics and oil price and they trade it accordingly. Obviously you cant see the correlation so that's your problem.

High oil price = high TLW share price, its fairly simple to understand for a non numpty.
Trade war between China and USA hits oil price - is it really hard for you pea sized brain to understand, lol

blimy, that's a bit confident but premature at this stage, making it sound like discoveries are inevitable, drill bit still needs to prove what we potentially have. This is the oil business and we have all experienced "dusters" and near misses in the past to know better

well Drone, at the moment it doesn't look like £3 by August. Unfortunately trade wars and oil price have put a spanner in the works.
Nothing to do with TLW, just macro economics hitting sentiment. I would have expected most people here to of sold around the 230-240p mark as macro events looked unfavorable.
Buying opportunity will present itself again, know what i mean. You already missed out on a 30-40% increase. Same opportunity here again. Dont go all in though, keep some dry powder ready if it goes below 180p.
This is one stock to trade the ups and downs.

one of the short term issues with funds is that they have a lot of leverage that can keep the share price in a tight range until they have done buying.
So depends how much Henderson and MSCI want.
Anyone know if at the current Market value whether SQZ would be promoted to the FTSE 250?

End game coming, 2.9m buys versus 390k sells, and as already posted by a few some massive buys.

Question is, are the buys

1. by institutional investors buying for a fund
2. by institutional investors on behalf of another entity
3. Hedge funds
4. Private equity
5. Those in the know as another big acquisition is on its way

Either way, this isn’t staying below 140p for long

looks like its trying to push through, more volume needed but heading in the right direction.

that seems to be a bit too soon? Stena Forth is still offshore West Africa

Some interesting comments on the other board. Could it be that Exxon are testing the deeper hammerhead prospects that saddle the Exxon & ECO/ TLW/ TOT blocks?

i'm not so sure Starvin - there's a lot of misinformation, the number of bankruptcies in the shale areas has been increasing in the last 12 months, this is despite people saying that the costs have come down

Also not good for shale oil. Further bankruptcies to come in the US oil patch.

However, I see that the TRUMP is handing the US farmers a helping hand

I suspect China will play the long game and wait until Trump leaves office

Yes and more shale companies will go to the wall, unfortunately for the USA

yes hopefully the treasure map will bear fruit - we should know in only 6-8 weeks?

wallact - haven't you seen the price of oil today - down 5%, all oil stock are down a lot today

They had one in late December 2018

Sorry typo from me NewKOTB - I meant “wouldn’t”

well we have seen the likes of IAE and FPM get sold way too cheaply. Nothing to suggest the same would happen here unless the BOD deliver another BKR type deal or there is a merger. The cash in the bank and future cash generation with no debt is just too attractive.