Member Info for Mrd5432

The Kenya deal was 900 million for 22%. We retain 11%. Only $200 million cash. The other 700 million is our carry thru for the massive field. So no development costs we get 22kbpd at full production

If we take the $700 million then we pay for the development costs.

A 230kbpd field is not cheap to develop.

$700 is used for the development cost.

We got some ppl who smoke gas in the uk. Maybe tullow should send em there free gas 24/7.

Then Ghanaians be farting too much natural gas me thinks.

Come on sell Uganda. We can get out with $200 million cash and 20kbpd a year.. in about 2 years for free.

I can see 150-200 returning. Any higher. Only if all shale wells fail. All of them.

Im sorry to hear that and have bad news for you. You will have to buy this now at 60p to average down..

Im 99% confident 150 will come... just dont know when and time line.

There are many recovery stories. Sad thing is id rather be startin in this at 60 and selling at 150. Not buyin at 150 then waiting for 150 to come back.

If this can rise 200% from here over 2 years il be ok with it. Il just feel like I put my money in low interest account.

Nop. Because it issued like a billions of shares. But from 5p to 13p still over 3 yrs is 160%.

Same 200p will see me ok for all this pain.

Pog was on 5p. See what a good year can do. 5 to 13p. We need to do 6o to 145 next year.

You think they testing the oil at carapa or still not reached TD. Dont normally take them this long. Im sure jethro an Joe didnt take long at all.

No love for oilies. Oil keeps going up but oil shares doing pants all the time.

Brent going higher and higher. But no oilies responding!

I messed up. I was diversified. I sold it waiting for a crash. Then when this opened up at 172 I thought overreaction. Oh how I was wrong

Jan 2021. Tullow share price 121p... 120-160 in 2021. Itl take 2 yrs to break even.... unles they sell uganda... strike carapa... or increase production but I think theyl do that in stages.