Member Info for MisterPositive

Madpunter

Thanks. You are correct.

Potential for Tullow to TREBLE Cashflows....WOW

😳

Equation is very simple:

40k bopd selling at $70 per barrel would equate to effectively 80k bopd selling at $140 per barrel.

Tullow would effectively DOUBLE its revenues.

Wider market still not cottoned on to above. Soon as Mr Market picks on it...watch this spike upwards.

Accumulating as many as possible before it moves into the 20's next week.

80k bopd

15p on the cards tomorrow.

20p next week

"no further material well operations will be conducted. On this basis, available funds are sufficient for the remainder of calendar year 2026."

Bit confused with above statement in RNS.

Does this mean a U-Turn and now they going to just sit on the funds raised in Jan 2026 ??

Farm out talks take many months and then you need to get Regulatory approvals. We are far from even a shortlist of any potential names !!!

Iran blew up a US Oil tanker in Strait of Hormuz last night. Oil tanker was owned by New Jersey based company in the US.

OMAN largest oil storage facility was hit yesterday

BAHRAIN Oil storage facility was hit today.

KUWAIT - oil facilities also been hit.

IRAQ suspends Oil operations at its ports after 2 foreign Fuel tankers were hit.

They just taking out ALL the oil Supply.

Scrodingerscat.

Excellent post.

Agree 100% with tax advantages of debt interest.

Production will increase for sure with more wells coming online in 2026.

Another way of putting it is:

Current Production guidance of 36k bopd suddenly becomes 72k bopd or higher if you selling the same Oil at $150 per barrel.

Above is a quick "simplified" version for those who cannot understand the figures.

I can see Tullow more than 10 bag this year from current 13p if Oil price hits $150 - $200 per barrel.

Redhead

Many thanks for sharing. Amazing Upside.

Weighted average at £3.60 a share

Would be welcome by everyone here. Let's see how quickly we get there.

ATB. GLA

Https://www.google.com/amp/s/oilprice.com/Latest-Energy-News/World-News/Iran-Warns-Oil-Could-Hit-200-per-Barrel-as-Hormuz-Threat-Escalates.amp.html

$150 or $200 oil could become reality this year.

My guesstimate under each scenario:

$150 oil - share price 80p - 100p

$200 oil - share price 130p - 150p

Could go higher under both scenarios. IMO

Agree. Chile is the main value driver.

Andacollo Oro Gold project:

Measured and inferred: +7.08Moz

Eric Sprott bought in 50m shares. Hmmmm

He can spot value from miles and can see the MASSIVE UPSIDE.

Following up on speculation of Chinese interested in our African oil assets, wonder what Offer price they got in mind ?

You are right. Omagh is a 80/20 joint venture

Ocean Partners UK Limited 80%

Galantas Gold Corporation 20%

Ocean Partners: Operator

As of the July 2023 resource update (effective June 22, 2023), the Omagh Gold Project in Northern Ireland, operated by Galantas Gold Corporation, holds the following estimated resources for the Kearney and Joshua veins:

Measured + Indicated Resource: 762,653 tonnes grading 6.82 g/t gold, containing 167,256 ounces of gold.

Inferred Resource: 686,404 tonnes grading 5.69 g/t gold, containing 125,668 ounces of gold.

Total Contained Gold: The 2023 update represented a 77% increase in total contained gold ounces compared to the previous 2014 estimate.

Galantas Gold Corporation

+1

Key Details:

Vein Systems: The resource consists primarily of the Kearney and Joshua vein systems, which are being mined underground.

Grade: The resource is considered high-grade, with recent drilling consistently identifying significant gold grades, including intersections such as 31.7 g/t gold over 7 metres.

Expansion: The deposit remains open at depth and along strike, and the company is actively targeting further expansion through ongoing drilling.

Andacollo Oro Gold Project Overview

The Project is located in the Coquimbo Region, Chile, approximately 55 kilometres southeast of the coastal city of La Serena, at a low elevation of 1,100 metres. The Project includes a substantial permitted footprint with mining concessions, land title, and water rights in place. Extensive earthworks, mine infrastructure, and three leach pads remain on site with excellent access to infrastructure, services, and a skilled workforce.

A historical mineral resource estimate(1)(2) for the Project estimates its measured and indicated mineral resources at an aggregate of 2.02 million (M) ounces (oz) of gold (Au), consisting of 130M tonnes (t) at 0.48 Au grams per tonne (g/t) and estimates its inferred mineral resources at 5.06M oz Au, consisting of 358Mt at 0.45 Au g/t. The historical mineral resource estimate is derived from the National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report titled "CMID SPA, Andacollo Oro, Chile, Technical Report" prepared by GEOINVEST SAC E.I.R.L. Chile, with an effective date of August 23, 2021 (the "Historical Report").

The Historical Report states that the Project operated as a 20,000 tonne per day (tpd) open pit heap leach operation, producing a cumulative 1.12M oz Au between 1998 and 2018, with peak annual production of approximately 135,000 oz Au.

Strait of Hormuz been blocked for many days now. There is supply shortage already from losing 20 million barrels daily.

Oil Supply shortage going to get worse.

Gulf refineries are being shut down. Oil storage tanks being blown up.

$150 Oil price is just a matter of time. US media press release to cover up NOT working anymore coz everyone is lot smarter now than 25 years ago.

Recent Performance: The stock has shown strong, high-risk, high-reward momentum, with reports of a 146% surge in5 days in early 2026, reaching 72.5p, driven by the acquisition of the Andacollo project.

Analyst Consensus: Stockopedia reports a consensus target price of 49.46p, with a recent high close of 62.00p after hitting 80p intra-day.

Yahoo Finance UK

Factors Influencing Price:

Production & Assets: The company operates the Omagh gold mine in Northern Ireland and acquired the Andacollo project in Argentina, creating potential for significant cash generation.

Gold Market Trends: Forecasts for gold in 2026 are generally bullish, with some analysts expecting prices to reach $7000 per ounce

That is tiny mate....Will last few days may be.

Press media headlines simply can NOT stop the rise in Oil price that is coming and all the Western leaders are scared sh11tt now....

Not sure what happened to the Chinese buyout rumor thread and Header !!!!

What offer price can we expect ?

Especially if Oil trading closer to $150 at that time

Will not be surprised to see Tullow hit +40 to 50p this year sometime with what is going on.

At $150 oil expect this over +50p in my view

AL Jazeera:

Iran just issued warning to US to get ready for $200 oil

Oman port just been hit with drones with Oil tanks on fire.