Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
I agree totally
Not got much spare cash but will buy £500 tmrw
The new oil production forecast is substantially lower than previous target
Stop it now please
Those director purchases have not affected anything
Wake up and see the facts that no institutions are lining up to buy and no matter what the hype that is said here that is the key fact.
I want tullow to come good but there is nothing on the immediate horizon that shows good news
Thank you
We are going no where because of shorts simple as that
Also no one wants to invest big bucks
Projections on oil production are worrying
No
Projected production is down against what we had hoped
Shorters are shafting the share
Institutions are not buying
Directors are not buying
Everyone who can
Just keep buying the shares
It's not rocket science
Re the folks here talking about the above -rather than just talk about it why not just do it
Read some very good tech analysis here this morning and thank you for those posts
However the simple way that I see it is that investors are not happy with the data that oil production is forecast to be down against the former plan. I think the mkt is not convinced that debt repayments can be made. Therefore the sp drops.
Also what are people expecting on the 27th that has not already been priced into the sp
Mkt is flat
No news nothing happening here
Low volume of trades and no new news. Price to stay around here until end month and then should move up
Just need to convince the rating agencies and major investors now. Tullow is holding well here and surely better times are coming
I'm not thick or a shorter and I am not abusive either. I am a realist and to talk about dividends is ridiculous
Good God are you for real. Tullow is nowhere near producing a dividend.
Brent is steadily rising now. Surely there will be a tipping point where tullow sp will rise at a quicker rate than over the last few weeks. Shorts are under great pressure now and tullow cost savings will soon kick in. So all the positives are building a momentum and this will affect the sp in due course
Nope
Debt here is the major priority without doubt. Its massive. The sp is low because of this and the potential investors are worried that tullow will not be able to service it. If the mkt were confident then the sp would be higher. Its not confident is it. It will take at least two years with everything going right for the sp to get anything near a £1 a share. So be patient
The people with the real money won't invest until they see that debt can be repaid. That can't be seen clearly at the moment so the sp is not going to increase to the levels suggested on this bb
Also mkt confidence is key here. If the board can demonstrate that it can meet debt repayment then that will attract investors and squeeze shorters. This is key imo
The pressure building might be slow but nevertheless it is building. With oil rising day by day tullow will follow and shorters will come under increasing pressure. Just need patience