Member Info for MaverickD

Flushed out the weak holders a 100% move up likely today and more tomorrow. The experts said an asset sale would not be possible, they achieved that in this markets to a super giant. With our numbers looking very attractive a dealmaker at the helm, would you not think a takeover could not be negotiated too? I mean 20 months of oil production hedged at approximately $53.5/54 is the best place to be.

Take over pricing is now £1.50-2.00 in my view.

Green shoots for sure. Holders will be rewarded here no doubt!

It is one of the best positioned due to what appears a whopper of a hedge. SP will reflect this and all we have seen this morning are some traders sell at open they will have been coming back to buy, so we will get another wave upwards. End of day I see 40p and then we go again from there

Should close on the high of the day.......they have delivered.
We have 60% oil hedged this year at $57 and 40% at $52 next - so half our production for the next 20 months covered at $55.

That's where this will head - no worries. That was a mega deal

Loading up now could actually get back close to 1.10 as a finish. Real test is £1.18

Looks like the MMs have a flurry of buys all filled - FTSE and Dow positive. Talk of green shoots and we could now get a really strong finish to set us up for tomorrow.

Menzies is a sevice that is needed fullstop to support the transporation business - these prices are a give away

Talk the black stuff down and take a position in TLW. The CEO was then announced yesterday with ties in Africa and we have an AGM tomorrow. Makes you wonder why they chose TLW and not say one of the peers?

You can never call the tops and bottoms, but you need to be in it to win it.
With assets in abundence Tlw sits on potential billions and with a dealmaker in place it is down to him to unlock value.
Oil low now, but in 2 months we should be significantly higher. Cuts, natural decline, lack of investment will cause the price to head in the opposite direction.

AGM tomorrow - is there a sniff of a leak somewhere.........
60% hedged at $57 for 2020
40% hedged at $52 for 2021

These hedges are golddust right now. I think some were knock it at the time as it hit $69 - me included. Now these ensure a breakeven this year can be achived at $13 brent.

New CEO on board with ties in Africa - have they lined up a dealmaker- I think so.

Train now leaving next stop 60p.....then 70p. Hopefully post lockdown we could be well over £1

Seen that this morning......lets see where we go

Next leg up - would like to see us break through £1.19

Still $3/4 lower than where we were yesterday and the SP held up much better than I thought.
I was hoping to add a further tranche lower before the AGM tomorrow.

Can see that the directors also see value with significant purchases in the last 4 weeks at £1.60 and £2.50. Any fall in the sp and buyers are mopping up.

Managed to fill my order for £1.....never thought it would. Certainly think a 100% bounce on the cards as CV clears and lockdown is lifted.

I have added again today, as I think we are coming to the point where we could see a decent move higher. CV related deaths appear to be falling and we are looking like coming towards the end of what has been a bad few weeks.

More by the looks of it MMs eased a few out and now the buys going back in.....should see this back around 10.5-11p. Low cost producer with good hedges - 20% at $66 and 10% at $52

May caught them on the hop with that announcement