Member Info for mrJimV

sleeping giant this one , just wait till the money comes in from the asset sales .

HMM lot of the Professionals never thought oil would get to $38 a barrel that fast , those cuts must have had a fast impact

nhawan some truth in his words , tlw own a lot of licences and are pumping a lot of oil , they are selling couple of good assets to get the debt down, I can see some life changing in this share , some feel negative but not many and once the debt is down it should be a very rewarding share . imo

markets are down because of the virus , you sell now this could well go up with good news flow and really is due soon , you look about you will see some shares have gone up but imo TLW will have it`s turn , oil is going up in price and TLW has 2 assets it is about to sell , 2 make overs should be completed soon , new ceo coming aboard , TLW could be doing 90,000 barrels a day end of the year if not sooner , Steve -777 the choice is yours , your money , gl.

just to add to the post , this was at the end of an article .

“However, we are looking for a company that shares in the vision of the project oil Kenya and have the capacity to work in such frontier markets. Our expectation is that by June, we’ll have narrowed down to who is interested and what we can get out of this, then conclude.”

I have a feeling we could get news on Kenya any day now , tlw have been in talks with a number of parties and buyers will want to make their move while oil is cheap , as tlw said china is not off the table , it makes me think cnooc are going to make go for Kenya that is why they pulled out of Uganda .

dbnt , all depends if oil does keep going up , oil has gone up quite a bit now and even tlw isn`t dropping that low now , certainly if shorts get even lower ,

still good for a divi when they start back up , having a couple of hundred thousand tucked away is a no brainer imo .

paolo , yes the ceo takes his position in July , i would like to think the BOD have picked the right person .

paolo a lot of people have moaned about TLW with the large debt , but hopefully with the money in the bank from Uganda and the sale of Kenya that should remove a massive part of the debt , producing 80,000 bpd at the moment which should grow this year with a couple of make overs they are doing , CEO about to start in a one months time , oil certainly had it`s rock bottom dip imo and moving up to $40 barrel , this has got to be a no brainer , they must soon after the sale of assets they maybe able to think of a share buyback or a divi even start next year or get another large asset.

it would be interesting to know if others have reduced there shorts and what %

pay back some of the money from this years divi , also from ppi whats over , also next years divi

snige , have to wait and see

Richard , I was thinking the divi next year could be around 5p to 6p , just IMO

Seismic / lol , thanks for the tip ,

Seismic / Don`t start worrying about what Cummings done , Labour MP`s done the same Kinnock was just one of 3 I know , it is just the Press want Cummings out because they don`t like his policies , he is the mastermind on Brexit etc , as for Brexit we have to move on and make it work , the EU are in a dreadful state so they will want to trade with us , Lloyds is going to start getting back to normal like the rest of the country , I would think December we will hear about a divi and up goes the SP near back to the old times previrus .

Good news at least that sorts that part out and now TLW can get on and sell to Total , but CNOOC could well have their eyes on Kenya , few interested parties are looking at Kenya .

Virus gave all the stocks a bit of a waking , should see a climb up next few days huge assets BPC . sleeping giant this one .

Buys keep coming in fast , good time to take a position here .

I don`t think the CEO would have joined if there was insight of a takeover to be frank , I see the 2 asset sales and a big chunk of debt paid off .