RE: Tullow Oil (TLW)9 May 2026 13:01
Apart from lack of drilling and Gulf destruction issue; whats forgotten in the whole scheme of things is where is the replacement of oil coming from. A lot of posters here probably hold lithium and graphite stocks as well.So you would be aware of the problems facing many of these projects -way behind due to difficulties with financing,quality of product,planning, licence approvals and local oppositions. If the public are looking for alternative via EV etc There is not going to be enough supply coming online for replacement to Oil. If Oil continues to remain at a higher price for the next 24 months.($80+ ave.)then I'm guessing Tlw need about 18months of this to get the gearing to parity ( allowing for ghana and these new drills etc) All i.m.o..