Member Info for mrJimV

NEWTOTHEGAME / You sound like a pro , bring it on ,

Canary , I have been reading your posts with interest but i dont like the $2.8 billion debt and i think that is not helping the sp even when oil is going up , no one knows how long the down cycle will last , it is getting better from the virus but it is not over yet , just my thinking

I dont think TLW want to sell Uganda or Kenya but they have to much debt and need to get it down now , the hedge on their oil has saved them big time but it would be scary to have such big debt and no hedge , if they sell even at this price they have been offered it puts a better safety net on tallow , when price of oil goes up they can work on their other licences , if tallow can get debt down to a $1billion it would look a lot better company even $1.5 billion

MYSON , stick by your guns , TLW are doing ok now , everthing is falling into place and the only reason for the dip in the SP is is general market in shares and oil demand , i wouldn`t be surprised if this hits 50p July sometime , may even be from a update from the ceo contributed with Uganda sale .lot of people on the fence with this one and could blow north very easy imo .

Good news as it gets the money for Uganda , it puts TLW in a much better position

Betrayed , the markets are done a bit today , maybe because china has a bit of corona , tullow is in good hands and will fly when ready .

Bovey , lollol

Longish
Hedging

As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 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. Tullow's realised oil price in January and February 2020 was c.$62/bbl and following the recent price drop, hedging receipts of c.$30 million are forecast for March 2020.

Wheres old Numpty today , he reminds me of a Gremlin not liking daylight this ones doesn`t like seeing Blue colours , lollol

thought i would have a look in and see who is controlling the bb , and i notice humpty numptie is in full swing , don`t worry he will go into his little hidy hole when it ticks up again lollol .

just need Varde to reduce , they have quite a chunk compared to the others

Bash /yes goodthinking , it has gone down again today yesterday i posted 7.8% now 7.24% good news
https://www.shortdata.co.uk/company.php?isin=GB0001500809

jzzj , he is only missing on the typing he is watching and still hoping to get in the teens still ,lol .

looks like oil has settled at $40

holding up , not sure if this will dip anymore

Oily , lollol , but you can make quite a bit moving up trading on the way but have to be careful incase get another lift off , it seems to jump in 10p batches , quite an exciting share when it hops about .i think it will still get to £2.00 but not sure about the 12 months , have to speak to HateMM`s about that lol.

Lot of folk are out waiting for a dip , few missed out on the last big rise out of the late 20`s into the 30`s , I think some more might miss out when it doesn`t drop or not enough , be interesting to see what happens with the market

40p soon enough , had a little shake now ready to move on

Yuri , wait and see

American Markets opens soon , they like to knock the SP up .