Member Info for PGee

In Jefferies recent upgrade of Tullow they observed…
‘ that Tullow's debt refinancing following the placing of its $1.8bn, 10.25% senior secured note due 2026 was done "without the equity dilution risk" it feared.

The broker noted that annual interest costs remained roughly $250.0m per year and added that evidence of production support from the first newly drilled production wells at the Jubilee field, due in the third quarter, would be "crucial".

No change in interest payments.

Don’t complain, just buy! Unless you have to sell of course, then you will miss the party.

For the record.

Enquest, 9p at 3 PM
Tullow, 90p at 3 PM.

“The Kenya project has been through a full redesign using data from the 2018 -2020 Early Oil Pilot Scheme (EOPS) being fed into the model which is providing better understanding of both the resource and the optimum development plan,” the firm notes.
Oil reserves in the Lokichar sub-basin are estimated at over 4 billion barrels with full production potential estimated at 100,000 barrels per day, by 2024.
Say no more.

Anton, hardly strength to strength, we should be in the eighties now, if it was not for the recent savage manipulation, even today….even as I type!

Ronsocks, Nov. 16th mainly and thereabouts, I have counted about 26 on that day alone, a cabal of Ne’er do wells! One thing in common mainly derampers and doubt spreaders.

Me too.

..out in force today and recently.
The derampers club así call them are about 25 names here that all joined on the 16thNov 2020 or there abouts, three of them up early here today already!

If you knew what you were talking about you wouldn’t be concerned.
Great results!

Funny, another 16th Nov. 2020 deramper, they are still about, all 25 of them.

Writes like Slift! LoL.

Because he will be right someday, soon!

Been there done that, but thanks anyway.

……. I think you should lie down in a darkened room for a little while…… and bailiff will join you later ;)

‘Gets boring’
…..and you like a broken record, please don’t make me laugh so early in the day!

From today’s FT…..
“The world’s top commodity traders have forecast a return to $100-a-barrel oil, as investment in new supplies slows down before demand has peaked and before green alternatives can take up the slack.
Executives from Vitol, Glencore and Trafigura and Goldman Sachs said on Tuesday that $100 crude was a real possibility”
GLA.

A great idea and very responsibility worded, should help put the squeeze on the shorters and impress the IIs. Need a bit of volume today to hold on to sixties, POO over 73. GLA

…. love fresh insight.

….have been busy knocking the SP about today, they get away with it on low volumes, however Oil is on the up again!