Member Info for NNeo

That's a big assumption, how then if Glencore are absorbing the extra funds can the company make a statement saying they doubling FCF at $100 oil? Are you saying the free cash flow is actually Glencore proceeds ?

17% interest ? That's ridiculous, I wasn't aware it was so high.. no wonder the company is struggling !

Ya very noticeable, maybe Helikon desperately trying to hold there short position open:-)

Https://www.cnn.com/2026/03/20/energy/oil-gas-prices-intl-hnk

That was the case in the 2020-2022 era where they made very little from spike in oil prices. They haven't mentioned much about hedging this time other than the recent statement that $100 oil doubled the FCF, suggesting they maybe haven't done much hedging up until now

Just day traders I guess fdm

Am I correct we are still owed $200m from Ghana government? That will make a dent in debt pile ..if its ever received

Agreed JMax mostly because they hedged quite low and lost out on increased oil prices, anything over $100 should be a good but maybe it goes to $200? Risks of hedging

Not if they are currently hedging future production, company would continue to benefit regardless of any drop-off

Oil price won't make a difference...You are joking right ?

Https://www.theguardian.com/world/2026/mar/11/why-irans-vital-kharg-island-oil-hub-is-still-untouched-by-us-israel-bombers

Lol @fog .. that would be epic if they had !

...and that's why I talked about hedging earlier! oil price now at $88 and falling. This company need to lock in anything over $100

You are correct totally irrelevant to TLW

Hedging oil

I really hope management are beginning to lock in these prices

Wonder whether they will consider hedging over 80-85? The price will likely come down quickly on any kind of conflict resolution

Hitting the 20s with Tullow is definitely not normal ! But here's hoping

@melnat you sound like someone desperately trying to close a short position (Anton you got there before me!)

'Refinancing transaction does not involve any dilution of existing shareholder equity' great result, I think the best we could hope for and hopefully oil will continue to head northwards. A rare good day for shareholders