Member Info for Scrodingerscat

Fully expect them to be upgraded further come results day.

Looking forward to production forecasts in particular. I'm going for 67,000 - 72,000 bpd, wild card could be commercialisation of gas at the end of Q4 but if not definitely in 2023.

I think re-entry into the FTSE 250 is also something to look forward to and will be different this time around as there was a concerted effort from our short interest to push us out, so only if the shorts come back en mass should we fail to stick this time around.

Our PE ratio will highlight how undervalued the stock is, the 3 year industry average being approximately 11. But I suspect until net debt is reduced by $500M and is under $1.7B then TLW won't get to those heights.

Q1 update will be interesting that's for sure. Do we know if Lincoln Gold has achieved first gold yet? The last RNS update in December suggested on track for Q4 2021, Adam reiterated that in his presentation call but they seem to have gone quiet on this one. It might be covered in the upcoming trading update but I would have thought they would have alerted the market if first gold milestone had been achieved. 2022 looks to be priming for a significant re-rate for TRR. Still surprised how low this is considering what the company is on the cusp of achieving and at breakneck speed.

The drop from the raise has been fairly brutal so no doubt many are twitching. The update possibly focused too heavy on the negatives as a result of global shipping issues and anyone who has bought some wood this year from Wickes will be all to aware that there are supply issues at play.

Still good progress has been made and shipping issues won't last forever, this is an excellent entry point for non-holders and or averaging down. I can't see a case where revenues haven't improved by 50%+ by this time next year. Think the potential dividend was mooted too soon. Well hopefully management have learned to keep their powder dry on that front. GLA let's hope for a marked improvement after Q1 and some progress on Carbon trading.

Same trick as yesterday just executed earlier in the day. I hope they get burned and lose their shirts but unfortunately Rahul doesn't do surprises so it will be like this until the trading update. Not posted yet but anyone else see this? Seaweed used for pigfeed... what an odd article.

https://mobile.ghanaweb.com/GhanaHomePage/business/Tullow-Oil-begins-processing-of-sargassum-seaweeds-into-animal-feed-fertilizer-1441339

He won't leave here, look at Uganda as an example completely wrong about the need for the disposal to happen at the time. Any normal person would have disappeared after the vote or held their hand up for being wrong. Not this guy in his head (not reality) he's right. China about to claim the countries international airport because Uganda can't pay it's debt obligations and still no FID for Total as it bounces through the courts. Any sane person would see we were right to get shot, not having the time or third party interest to seek a better price, or having the cash to develop and more urgent looming debt covenants.

It's funny to watch him trying to argue with Slift because it's exactly what is playing out in traditional and social media right now, in the sense that his opinion is greater than actual facts. The internet is full of his like, anonymity is directly responsible for this phenomenon. Knowledge and access to information afterall are 2 very different things.

Did I hear right, Adam is expecting revenue to come in around $20M next year? Dividemd was promised when revenue exceeded $10M previously. Annnnnd another deal on the horizon as well. The dilution is worth it because it equates to an additional $37M to 2035 when you take out the cost of the royalties (no idea what the finance cost will be, but say a few million to minus as well). Just annoyed I didn't get my full allocation and if it wasn't Christmas I would have requested more. For the record I have been holding since 19p.

This has to re-rate in the new year it already was tracking lower than it should have been with the developments at Thacker pass.

What's the bet this thread doesn't last the distance much like your other aliases. You write like someone without a filter ie. sociopathic.

Oil is up 7% over the last week and TLW is up just under 5%. Other Oilers (not all) are mirroring the rise in oil, what's the difference well we are no longer on one of the major London listed indexes (dropped off the FTSE 250) and we have a very aggressive short interest and low volumes. Let's be honest here with the company taking up it's pre-emption rights from the OXY sale we shouldn't even be here. I like to look at Kosmos for a comparison and their SP is far more stable than TLW's and that's despite similar levels of debt, lower production numbers and a recent rights issue. Difference only appears to be sentiment and the short interest, I don't bark manipulation but we PI's have been played here all year. I'm lucky to be sitting on an average of 26p but no wonder the London stock exchange is struggling for IPO's FTSE and AIM are the wild west, if TLW was listed on the NYSE there's no way we would be here... food for thought of our new CEO, chairman and incoming CFO.

DestituteBroker surely withholding that info is against exchange listing rules. They can only argue holding a day or two to prepare an RNS. Basically after a partner has signed and due diligence is finished then it's heading out there, only the strategic partner could insert an NDA but it would have to be an exception that wouldn't breach any of TLW's or the other partners listing obligations. Personally I think you are right though we will probably get an update in December but the cat won't be out of the bag until everything is signed, if it does move forward that is... so in Q1 2022 at the earliest.

There isn't enough crude in the marketplace Bloomberg has been reporting a deficit of 2 million barrels per day since October. Even if air traffic stopped entirely then it would still take at least 3 months for stockpiles to build up back to normal levels and that's not even taking into account the demand for distillates during the colder months due to a worldwide shortage of gas.

The markets reacted (rightly) to the unknown quantity of Omicron because of it's significant mutations (10) and only in a few weeks will we know if it's something to worry about. Some people seem to be writing the variant off and with only some scant anecdotal evidence. Vaccine efficacy will be tested in time, so will mild/serious illness vs hospitalisations, fingers crossed this is the virus becoming more infectious but milder and if it is both of these then it will eventually make Delta extinct. Again though let's let science give the answers here and not those who read a Facebook article and therefore know more than infectious disease experts.

The deep state... you don't half talk rubbish for someone who lives in a country with a socialist government. Just nonsense, the market makers make the markets and supply, demand and algorithms force the direction. If Crispin Odey is initiated into the cabal/illuminati then they are really scraping the barrel. You should try critical thinking it really is an under rated skill. It's not hard to see why UK shares are down it's not the fault of Leprechauns, the tooth fairy or Santa Clause, sell offs are exaggerated these days and that's all down to AI. Or you can believe it's Barrack Obama and Bill Clinton and you can remain a fruit loop. Your choice.

ScotsLoveTrump I don't know where you get your hashed knowledge of the BoE, government bonds or Quantitative easing from but your sweeping statements about UK borrowing are quite wide of the mark. For starters the UK is not bankrupt, secondly the new debt belongs to the bank of England and thirdly the OBR modelled the impact of the additional borrowing and deemed it to be materially insignificant compared with current finances. Additionally Economists all highlighted at 0.1% base rate as the ideal time borrow. UK plc is not suddenly going to grow significantly enough to generate enough tax revenues to pull itself out of the debt it finds itself in. The funny thing is one of the major drivers to inflation is of course oil but also aging populations in advanced economies and the absence of the labour to replace them, something that your namesake ever managed to grasp.

fatoomch deflecting the question there. The honest answer would be that the presence of SAG brings zero benefit to most shareholders. Aside from a little rise, which has been and gone we are back to where we started SP wise, albeit with SAG owning the lion share of equity now just under the bid threshold. You were warned about and still did vote for the head eating cannibal party. All the positives you alluded to and extolled the virtues of have now consequently evaporated, other than SAG submitting a low ball bid in time how do we the shareholders of TPG (not SAG) benefit from this decapitation?

Who was it that sold all their holdings and piled into Metro bank from on here? Madness. I'd take the up/down slow and steady realisation that the world hasn't produced enough crude this year and oil politics churn. Our own re-rate event is Kenya and nobody has a clue when a major announcement could hit on that front.

I really don't understand so many day trader tendencies and people clearly get caught out chasing quick wins. I guess you learn these things eventually as getting caught out is inevitable, it's just multiplying odds. The Trading update is steady as she goes and there is no way this is going to be 46p by the end of the tax year.

Looking forward to YE's and I'd take so called dull updates over the hot air and lies that came out of the last regime all day long. DYOR.

50 bopd might as well be a duster. That level of production surely can't be commercial? Time to start reducing staff numbers and CEO has to go, promised 1500 bopd in 2018 they are barely over 400 bopd with 3 wells in 2021. The next well I predict will be a turd just like all the rest. Best hope for shareholders because there is no debt here is just fold sell the fields and pay back via a special dividend.

seakingalpha great point but the positives do not finish with just cash flow, TLW just added a significant amount to it's reserves for a pittance. Just because I'm in a balanced mood it's fair to mention there are downsides as well, eg. increases the cost of future drills in Ghana for TLW and will have a higher share of decommissioning costs in the future.

Great news and really a no brainer at current oil prices. Oxy had to sell ASAP for well documented
reasons not related to the quality of the assets so great value, for balance there's an argument for putting all your eggs in one basket but Ghana is one of the most stable countries in West Africa (still corrupt though). Market hasn't reponded properly yet but production guidance for 2022 could realistically be back to 70,000 with the impact of the 4 new wells in Ghana and 1 in the non-op. Hold onto your butts DYOR.

Sadanby001 Algorithms/bots make money up or down everyone knows that. Why is 45p such an important number for shorters... answer it isn't, you've made it up. I don't know what you think you know, but by gosh you are a strange fellow. Run along now, there's a good chap.

Awww no it has breached 45p... quick stop buying you are letting the shorters in, how could we have let this happen Sadanby001 must be having Barrow boy kittens haha.

Who left the padlock off Sadanby001's box?