Member Info for scaredycat

Presumably with higher near-term oil price forecasts a revision in the Group's long-term oil price assumption from $60/bbl to $65/bbl is likely. The Group presumably will want to write back material impairment and exploration write-offs made last year. We have a +ve net asset balance sheet?

The only people paying taxes are the pi's!
Janet Yellen may yet target the wealth management and offshore tax industry to rationalise fiscal policies between markets/ different regimes. She says the new administration wants to 'protect the investor'.

'Mr Dhir purchased 1,346,000 shares in the Company on 11 May 2020 (the "Purchased Shares") and he is required to retain these shares in connection with the grant of the Awards....'

https://www.lse.co.uk/rns/TLW/directorpdmr-shareholding-go23qr55293zdtt.html

probably rolling to the april brent contract. I added a few ..

'Have they taken the price down to fill those orders?'
Possible. If we are back up tomorrow we can reflect on the derampers who were on here today and their intent. Going to watch the video at 7.30. GLA

Think its paid 11 Feb

Happy with that. Div on its way. Can see 640 next

Bargain imo.
Earnings resilient to the pandemic. LTH

Agree, underpriced. Think buying at ex div price tomorrow is less risky than price today as its being controlled off the market by marshall wace and gladstone. Get the div either way?

We deserve it, looking back...

Who knows, oil moving up, maybe an opportunistic bid from an oily with a strong balance sheet in the meantime.

if you hold your stock, the mm's will raise the price to encourage you to sell, i guess

'this year's tested my patience like it has with almost everyone!'
yes NMC was disgraceful, FINABL as well. Stocks can recover unless they are fraud..!

Anyone know when the GM is for the BoD to be voted in or out?

Night Watch, Jetboy
Major holder in BVI selling and financing of kenya looming. You dont need a degree in geography to see where the value is.

Can sell, cant buy! Everything stacked against the PI imo

There is an earlier post suggesting review in January but February RNS. Anecdotal..

Dont see this getting back to £2 as end last year eg sold UG and lower production for example. But cashflows look solid and kenya plus a list of initiatives might get back to £1. RBL in Jan will set the stage for a rerate or more of the same, robbing peter to pay paul ...aimo

..so a major shareholder has reduced position under 3% today. That mean anything?

'$75 million from Uganda FID, should be heading into Tullows funds in the next few weeks!'

I dont think it has been priced in yet and hard to lose given the current market value is c$416m.

Another RNS in Jan for the RBL, presumably 2nd or 3rd week when books closed, anyone know?

With demand regulated by CV+ and vaccine rollout etc, I think high oil prices will offset to balance, $60+. Opec look like holding monthly meetings going forward to better manage speculators.
Higher oil price doesnt seem to help tlw sp at the moment maybe because of the hedge value lost?