Member Info for mizman

Went to 35 on open, watch it gap back up.

AGM is a formality. Key points here Re market capital value based on sale verses current.

TLW is seriously undervalued, especially if you factor in sales revenue price guaranteed and further sales of assets to strength balance sheet, reduce costs and debt.

TLW are taking all the right steps to secure its future and move SP back over £1 this year.

Look at it tomorrow. Let's see how many have closed their shorts.

It's a great deal to have. Think of it as an insurance policy to guarantee income at 53 dollars.

Surely with income for 2020 and 2021 hedged at 53 dollars, the upside here is massive. I think we'll close above 40p today.

60% of 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl

This is way undervalued.

Tullow announced its full year results for the year ended 31 December 2019 on 12 March 2020. In these results the Directors assessed that the Group was a going concern for twelve months from approval of the Annual Report and Accounts. However, at the time of issuing the Annual Report and Accounts there were unprecedented market conditions relating to COVID-19 and the oil price. Therefore, this increased the risk that the Group may not be able to sufficiently progress any planned portfolio management activities, as a result of which its lenders may not approve the bi-annual RBL redetermination liquidity assessments or covenant amendment if subsequently required. Therefore, the Directors concluded that there is a material uncertainty, that may cast significant doubt, that the Group will be able to operate as a going concern. Although this material uncertainty remains in place, this Transaction represents part of the mitigating actions available to the Group and the Directors recognise that further portfolio management beyond this Transaction will be required to remove this material uncertainty.

Nicola Sturgen is outlining the policy and strategy out of the lockdown for the Scottish government today.

I'm sure she will be mentioning the role of testing to allow this to be done safely.

Sure is Gazza. The market should be waking up to the need for our tests. Expect steady rise over a few weeks and on news we could be the next NCYT.

"Professor John Newton said the public should not purchase unapproved antibody tests until a working test is approved.

"We are breaking new ground with this work every day and I am confident this major research effort will make a breakthrough," he said of efforts to develop a valid serology test, which measures levels of antibodies in blood plasma.

"Until then, please don't buy or take any unproven tests. They may not be reliable for your intended use; they may give a false reading and put you, your family or others at risk."

He added: "As soon as we have found a test that works for this purpose, we will be in a position to roll them out across the country as a back-to-work test."

They are destined for the USA first.

FOMO, into last hour of trading.

Rising fast again

We will follow

New labour leaders first PMQ all about why government is falling on daily testing targets (BBC news ar 1).

This followed up by Germany announcing massive testing as part of lifting lockdown restrictions.

You’d like to hope so but think world economy not going anywhere until covid vaccine developed. If oxford trials go well could possibly be producing vaccine by Sept but with billions of doses needed will be 2021 I think before any recovery

I said that earlier about AVCT not doing well as anticipated and some fool put me on filter.

Talk of placement at AVCT and SP starting to drift.

Easy 50% to be made from this SP.

RNA will come soon, no doubt. But what Trump announced yesterday is enough to send this back to 400.