excited6 Apr 2020 10:07
it is funny people are getting excited on 24p...I guessing you all are new to TLW or have been here since less than 3/4weeks.
Assets are worth billions...it was worth 2billion mcap not long ago...maybe 7months ago...not we are at 200million....do the math.
sure tlw went through restructuring to cut cost of unwanted or poor reserves and offices. it is a tough market out there. guayana oil is still exportable and have a 15% discount to sweet light crude.
TLW is leaner, no unnecessary expenses, and are still producing 80000bopd which is hedged at 55$ for next 2 years.
shorters can burrrnnnn
this is easy 60p-only on assets sales alone...this doesnt take into current production.
£1 is fair price given the debt. if they service the 2billion debt, they would be £5 a share.
think about it