Member Info for Persiantrader

looking at Bloomberg people are talking $85 oil. I personally am shocked that oil could hit $85 again, but the charts are pointing in that direction and because of recession it will have to be priced in. im not de ramping or anything but sp could hit 25p again the way its going. 62p 55p 50p 48p 45p 40p......whats next. I will take out a monster long position when the oil bottom is hit. sorry. 290k shares sold. world is not happy. I will be back, hopefully soon.

Shorters soak up all the upward movement and leave you with just down. leaving us will a fake SP. 45p is NOT the real share price. if people stopped selling this leach will soon die and leave.

Crispin Odey
18 Upper Brook St,
London W1K 7PU
+44 20 7208 1400

D. E. Shaw & Co. LP
ODEY ASSET MANAGEMENT LLP
Pictet Asset Management Ltd
thanks for all the manipulation over the last few years we know who you are, where you work and your real names, thanks for your lame posts on this board and pushing the SP down. now Close your short positions and f off.
Tullow SP should be around 70p minimum not 45p !!!

Brent prices could soar to a "stratospheric" $380 a barrel in "the most extreme scenario" of Russia slashing oil production by five million barrels per day (bpd) in retaliation to a price cap being considered by the Group of Seven, analysts at J.P.Morgan said in a note dated July 1.
G7 economic powers agreed last week to explore imposing a ban on transporting Russian oil that has been sold above a certain price, aiming to limit Moscow's ability to fund its invasion of Ukraine, which Moscow describes as a "special operation".
"A $50-60 per barrel price cap would likely serve the G7 goals of reducing oil revenues for Russia while assuring barrels continue to flow," the bank said.
"The most obvious and likely risk" is Russia not cooperating and retaliating by reducing exports of oil, it said, adding that Moscow can cut output by up to five million bpd "without excessively hurting its economic interest".
"Given the high level of stress in the oil market, a cut of 3.0 million bpd could cause global Brent price to jump to $190/bbl, while the worst-case scenario, a five million bpd cut could drive oil price to a stratospheric $380/bbl," J.P.Morgan said.
Russian Deputy Prime Minister Alexander Novak said last week that attempts to limit the price of Russian oil could lead to imbalance in the market and push prices higher.
JP Morgan also saw alternative scenarios where China and India do not cooperate with G7 on the price cap, or where Russia fully re-routes exports from the west to the east but loses pricing power.
https://www.thehindubusinessline.com/news/world/oil-could-hit-380-if-russia-slashes-output-over-price-cap-jp-morgan/article65599299.ece

Anyone want to pick a name for the Merger ?

Revenue £1,273m Operating Profit £514m but market cap ....... Market Cap £649m ? Share price is a bit low. Trading Statement and Operational Update on 13th Jul. Should be very good.
https://www.lse.co.uk/share-fundamentals.asp?shareprice=TLW&share=Tullow-Oil
check this link out for good insight into TLW https://simplywall.st/stocks/gb/energy/lse-tlw/tullow-oil-shares

current SP makes no sense.

really appreciate the big discount. seems some people not looking at the right charts. -4% today ? crazy.

Hey i'm trying to find an answer, couldn't get any help on Tullow chat (im a tlw shareholder).. Clontarf Energy (CLON) has 60% of the Ghana Tano 2A Block – a 1,532km Block, its right next to Tullow's huge Jubilee field. current issue is Clontarf have a long standing ratification issue. Anyone hazard a guess to the value of Tano 2a block? what would it normally cost to buy a Block that size? its in such a good location. I say this as Clontarf is only worth 1.6 mill market cap with a huge asset? (BTW im really not suggesting anyone purchase Clontarf stock). would appreciate some price guesses on Tano 2a Block. many thanks

Clontarf Energy has 60% of the Ghana Tano 2A Block – a 1,532km Block, ITS RIGHT NEXT TO OUR JUBILEE FIELD. they got a long standing ratification issue. Anyone hazard a guess to the value of that block? what would it normally cost to buy it? its in such a good location maybe Its Possible Tullow could purchase it? I say this as Clontarf is only worth 1.4 mill market cap? (BTW im really not suggesting anyone purchase Clontarf stock). would appreciate some price guesses. thanks

@ inittowinit22 no please stick around and troll the board as hard as possible. you were invested everyone can see your posts, your a hypocrite. The company has done nothing wrong they are trying to make big plays in drilling, its not an easy game. But I believe if you are trying to push investors off there hard earned money because you are hurting and lost cash then I believe God will return to you what you do in life. as you were invested like others that makes you a troll. please keep posting every day, dont go.

the reason for investing in Clontarf is that Clontarf Energy has 60% of the Ghana Tano 2A Block – a 1,532km Block, close to four recent discoveries including Tullow. The oil price market has changed and if Clontarf gets ratification on this block then its game on.

Looks like a big day of wild SP swings for POG. If you are looking for high risk there is a company called Clontarf Energy (CLON) they had a failed drill 3 week ago and sp dropped 85%. Bottom should have been hit They have other projects coming up. CEO doing interviews Possible short term x2 upside. Interview: https://audioboom.com/posts/8108900-clontarf-energy-plc-aim-clon-david-horgan-chairman-follow-up-interview

Bottom was hit, Good value now especially to new investors.

@ Asperger1 nice fantasy post, try £1000 on something more risky like CLON Clontarf Energy Plc they had a failed drill and the price way over crashed 85%. they have other projects coming up and price always spikes x2 x3 on news alone. worth a short term punt. https://www.share-talk.com/clontarf-energy-plc-aimclon-david-horgan-chairman-follow-up-interview/#gs.407xwn
https://www.google.com/finance/quote/CLON:LON?hl=en&window=5Y

podcast.
You announced that the Sasanof-1 well did not show commercial hydrocarbons. Has this affected plans to explore deeper targets in the block?
What is the timeline for the next phase of drilling?
Are you still considering farming into Western Gas’ recently acquired projects from Hess?
You raised £3.5 million in April – will Clontarf need to raise more funds to progress its projects?
Can you give us an update on your assets in Ghana (Tano 2A) and Bolivia (lithium)?
What can investors expect in the coming months from the Company?
Though the Sasanof-1 well did not intersect hydrocarbons, we retain our strategy to seek out gas and liquids in Western Australia: originally North-West Shelf discoveries were considered “stranded gas” because of long distances to population centres in the south-east across that vast continent. However, the development of a competitive LNG industry by several leading players, including our former partners Woodside-BHP, Exxon, Chevron, Inpex, and others, have transformed LNG into now the major export, by value, from Western Australia.
It is important to note that funding for the Sasanof-1 well (£3.5 million) was provided by local Australian investors who invested at a 25% premium to the then-bid price of our shares (when the funding process began). We believed that we would struggle to raise such funding from traditional London investors, while institutional investors might expect a discount for a strategy to seek out opportunities without having a defined investment.

Although the Sasanof-1 well was water-wet, the Australian gas play remains excellent, with a world LNG shortage, high gas prices – as well as pro-mining policies, legal title, and reasonable fiscal terms.

Clontarf Energy is also pressing the Ghanaian authorities to complete the ratification of the signed Petroleum Agreement on offshore Tano 2A Block and is discussing with the relevant authorities in Chad on how to convert Clontarf’s signed Memorandum of Understanding on prospective sedimentary acreage, close to existing infrastructure in southern Chad, in a manner consistent with corporate governance. Progress on these promising projects had been slowed by the virtual disappearance of the farm-out market after 2014. It made little sense to commit to a substantial work programme, without a reasonable prospect of de-risking through partnering with companies with deeper pockets.

As expected, demand for lithium, specifications and lithium prices have surged. In Bolivia, we hope to conclude a Technical Cooperation Agreement on a systematic mapping exercise shortly. Clontarf Energy did not participate in the pilot plant testing of Direct Lithium Extraction technologies in Bolivia, since Clontarf is a user of such services rather than a services provider. Our proposal is to explore and develop mid-sized Bolivian lithium salt lakes.
https://www.share-talk.com/clontarf-energy-plc-aimclon-david-horgan-chairman-follow-up-interview/#gs.3yxc

this looks like another big x2 x3 ? they will be drilling again. sp always spikes

https://www.google.com/finance/quote/CLON:LON?hl=en 14m and 17m

somethings going on