Member Info for MaverickD

Next wave higher I do believe we will be topping 27p near the close or a little higher

Breakout on the charts now too

Well those talks came a day after their partners kindly exited - seems a little bit too much of a coincidence to me, but coupled with the charts pointing at a breakout we could see a seriously move higher

Well we have seen 3/4 substantial buys and I think these were iceberg orders that the MMs were looking to fill……onwards and upwards. I believe I have timed my buys perfectly this week

But we are still comparatively lowly priced and with the large volume already at 11:30am there could well be some news that breaks over the weekend. Certainly a day to be adding as with an RNS drop next week you easily could get a 50% jump

MMs will let the bid drop I feel but the trend is there like I said in the morning

Aligning rather - it looks set to bounce. Yes there are positive holders, because value will be unlocked for holders. I’ve added all week

Charts actually alighting - looking very bullish too……there is positive holders trust me

Not sure that was the only consideration, obviously it helped, but the dynamics of bringing the 2 together and synergies was there for all to see. I am pretty comfortable building a position here to exploit the additional wells coming online and ramping up total production. Oil demand is there and as long as Russia is at odds with the west I think that supports/ underpins the cost for oil going forward

And then it will easily top the 49p Barclays rating. My view is that true value will come when someone puts in an offer for the outfit as a whole or the Capricorn merger perhaps goes full circle

A move back towards 35p is inevitable……..read what is planned for in the near term!

Looking good - wants to make a good move higher

@slater606 - just a little tip, as your account has only been active 12 months then best you not comment about Tlw and potential. In the recent past their banks and creditors were happy to refinance debts of 3.8billion and now we are sitting at half that figure, with wells coming online and production going up. If Tlw survived sub $30 oil then I’m sure it will be just fine at $60/70 plus. Banks request an element of protection hence they hedge prudently to offset any sharp movements (upwards or downwards). I’m shocked it’s where it is right now - true bargain if you ask me. Let’s see how tlw gets on over the next few months

Was here when the sp was in single digits and debt was $3.8 billion and oil was sitting sub 35 dollars - we have come a long way and Rahul has debt down to 1.5x earnings from being at 3.5x plus. All investment houses have this as a buy with a target rating of double the current sp as a minimum. Scoop what you can the payday won’t be be far away. Production will ramp up as more wells are tied in and dividends will return. Sale or divestment of Kenya could even see us receive a special divi.

Well there is wisdom in following the SP movements - it appears to be pretty bullish right now and the price is holding firm and moving up.

Buyer appears to be mopping up at this level

Correction 281k buy

Well whatever the reason it does look like a 289k buy order has just been filled…..looks like being masked because of the bid

Gap has just been filled here ……. Think we should be cracking on and breaking through the 26p ceiling - the progress we have made in the last 18 months is quite astonishing

Time to load up here guys, its going to move higher I believe