Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Berenberg is the house broker and as such, will be restricted from putting out new research until this deal completes in Q2. Hence the radio silence on target price!
Glad all well. Your prediction back from March 2020 when you opined it was dead money here for next 24 months given COVID-19 seems spot on!
Starvin - where have you been for past 18 months? Hibernating?
Having listened to the exploration slide in the presentation, the pitch seems more to "under promise and over deliver" than the other way around.
Perhaps Tullow isn't drilling, as they may not be operator by 2022?!?
Fernan 10, or it's a hint TLW will farm down and someone else will become operator to drill in 2022?
Interesting Reuters insight on Guyana: https://www.reuters.com/business/energy/tullow-oil-swings-profit-first-half-2021-09-15/
Any idea if both buys?
Closed at 27.25p. I would wager 28p will be broken soon.
Nothing we didn't already know, but the most telling was in Colin Kinley's comments and his choice of word "Operator" with reference to the future drilling programme and targets selection instead of saying the JV Partners (or Tullow (the current Operator)). Maybe I am reading too much between the lines!
Phoebus what can they say? TLW's hands are tied while they refinance. I believe news on farmdown/sale of Suriname/Guyana assets will come post result from GVN-1 well result.
I would also recommend listening to the group session Q&A, as Gil hints at some left field activity...I wonder if it's a new venture with Africa Oil?
It seems to be out of our hands and in the lap of the current operator who is undergoing a restructuring......will we have new news in days (with RBL) or weeks (with FY results) or months (closer to the convertible maturity due in July)? Who knows?
IJWT - are your observations based off Gil's SB1 presentation today?
Thank you Nickel
Nickel - please excuse my ignorance, but what "news" is out re: Total has only helped the cause?
Well at least you sold half near the top! Will you wait to sell remainder on TLW farmout news (2020) or drilling (2021/22)?
Mommur - are you still in ECO Atlantic? Or did you sell out before the heavy oil!
RWD - perhaps we will hear news at TLW's planned CMD in Q4, no?
Maybe he's waiting for Tullow's new CEO to start next Wednesday?