Member Info for Scaffman

well jmax there is no-one will argue with you on that one.

there are articles apparently talking about the us buying irans uranium.

i would love to know how exactly a transfer of $20b for the uranium works in practice..

i mean,do you give 400kg of uranium and $20b to ****stan for them to transfer to each side ?? lol

might not see that again..

Strait closed again - surprise, surprise...

A lot of pis need to just sit a little longer until we get a fuller picture of hedging production etc.

among all this volatility, Tullow is probably the most classic example ever of "patience"....

The BHP dam case taken and won in London Nov 25 could also be spurring them on to do likewise with this case.

Certainly nothing bad or questionable in the entire presentation. hard to find any other companies with a mcap of 20m that are as close to production and debt free revenue creation.

what "different" process are KDNC on compared to gangefeng?

No RNS = No meaningful further update 😣😣🤦‍♂️

Im off to twiddle my thumbs for another couple of weeks..

@bannor yes indeed, tomorrow is important.! I would prefer to see the investor meet postponed for 1-2 weeks for real update, than to just have it go ahead with little further news.

regarding the railway the reason why I keep honing in on it is as I see it as a really undervalued bit of infrastructure. Considere it like this; If KDNC did not have the Amapa mine but have the railway there is a very commercial project to spend 15m bringing it up to use as a very profitable transport company for agri and any mine owners. The cost of this type of railway from scratch as a very low base price would be £2m/mile which equates to £240m with a good % of this breing land purchase costs etc.. For KDNC to get this up and running :- £15m

I would agree draft. This would be done as a matter of course by many's a company where the commodity they were involved in was being affected dramatically by events not fully anticipated or allowed for.

But this is Tullow...

Lights on for another year or two. a lot of cost cutting making them very lean... all about achieving good trial results now

I''m holding back expectations on this meet and more expecting just a rehash of where we are at etc. first company to be on the CERM. any new updates that show further derisking will keep me going - just for now... The rail line is fundamental to cost cutting /feeding in to the other mine/s and faster progress so any updates on this will be good.

"Given that the Iranian government recently shot 25,000 protestors dead a few months ago"

They may have done, they may not have done - there is no accurate or conclusive figure for this.

Gulf of America ! oh come on ffs....

B & I ? whats that

BB hoppa - check out Tonybb posts - prob the one youre looking for? - good posts on numbers, (not so good on logistics.)

or alternatively xxnjr

@Tony How are you figuring transit of gulf oil via the Cape?. The red sea would be blocked at the mouth of aden ..

And all this rambling has got exactly what to do with Uganda🥱

Lack of trading in this stock for weeks and then a 25k trade?

Article backing up info tony has already posted about daily brent not being the price to follow

https://www.cnbc.com/2026/04/10/oil-prices-dated-brent-energy-iran-war-ceasefire-strait-of-hormuz.html

😕147 tankers per day ? wheres this statistic from? whats more relevant is the volume of oil shifted through the straits-not the No of tankers

A supertanker shifts approx 1.5-2m barrels (ave)so in terms of supertankers per day you're usually looking at 12-20 maximum..thats if they're going at good speed under normal conditions. However the speed of traffic is now very slow as they bypass mined area and go through the much narrower straits and Toll bridge chokepoint. It will take many months to get volumes up to any reasonable level

Iran can also if it chooses at any time;target the section of above ground Saudi East–West Petroline with drones. They dont necessarily need to rely on the Houtis closing the red sea.

Major protests occuring throughout Ireland & France and probably the UK will follow suit soon as Road haulage operators and Agri groups follow and copy the protests happening on the ground in their neighbouring countries...

Tullow is probably as safe a place to have your money in as any other stock for 2026. I'll be buying more in the morning...

When are we expected to find out the details of the hedging

KOS SP seems to be benefiting more than Tlw on the Iran war. If the market cap between the two opens up further its going to make Tullow look more attractive - Flav.. should be happy for switching atm.? Very hard to see how Tlw could now drop back to a 150m mcap even if things stop, with the Gulf wide infrastructure damage done.