RE: Swazers1 Jul 2020 16:31
I got all the trash talk on TLW - oh obscene debt of nearly £3b, next Afren and that' when it was 8p. Now its 30p those posters appear to have disappeared now. What some need to realise is that stocks go up and down and there is a basis for TA and signals. I am investing on what I know as fact. Production is 12k not 18k, cash in bank is circa $152m no debt repayments due for 9-10months, oil up from $19 to $42 and I anticipate $50 (48-52) short term. We have Spirit Energy onboard who have farmed for 50% at Warwick and we have the Lincoln licence.
Trading at below cash in bank value right now!