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if it hits 5-7p ill buy you a pint haha ))
duno how i worked out my calculations haha. i viewed cash in bank + sale of production + the debt + lowered production for 2021 and came up with the price of oil needing to be above $55 for next year haha.
Predicting a share price isnt doing your research . thats just guessing and been optimistic. I will agree it will increase but guessing a price is up for anyones imagination.
when use calculate the "breakeven" are use facturing the short term pricing of paying the debt back by the deadlines? when i last seen all the figures on this forum last time it kinds looked like oil price would need to be $50 to pay the debt back in time plus the free cash in bank. next year production downs would see it needing $55 to kill the debt off.
is it not :
2020 = $50 poo and above to pay debt.
2021 = $55 poo and above to pay debt.
the extra $5 next year needed compensates the drop in production??
anything after $55 next year would bring in a profit???
oil needs to be above $55 to pay debt. as im lead to beleive...
Brexit shouldnt effect tullow but like some other companies it will effect 1 place which will effect another so there might be some domino effect , time will tell.
Im more bothered about the oil price , if it heads above $55 then 2021 onwards will be good with the lowered production and debts will be paid. If stays $50 then we might have to sell afew kidneys. ))
Sounds promising for the area )))
And if it suddenly drops and they cash out a profit we shall sit here saying you sneaky slimey lucky b@stards haha
Totally understand. i try to keep my observations realistic. Currently i see positives and a steady growth going into 2021. All that could change in the next 4weeks , i guess no one can predict the future. My analysis of past £2 stock makes me confident in seeing half that stock return back at least a £1 in the future but same again it could all change )))
You can see the pattern in this stock lately. Its likely to be 35-40p for xmas. The idea of £1 is 6 to 12mths away.
I dont honestly think this stock will massively jump in the next few mths but it will gain slowly.
Maybe next xmas we shall see a nice profit )))
Dont build your hopes up. We need them short positions to close , transport to fully get going and oil prices to keep rising before we see 50p+.
Got a funny feeling the "experts" at the shorting companies will be fired for xmas haha ))
the day isnt over yet )))
Its hard to say yes or no but been a realist ill assume £1-£2 is do-able in 1-5 years. Who knows what the future holds but with the current reports from the company ill stick with £1 mark as my target for now.
If your planning to invest for the next 10 years. id say anything upto 300p is worth investment ))
i like your nonsense ))) ive been invested 2days so hearing expertise on a company in these forums is greatly welcomed ))) tho i do take SP prediction with a pinch of salt these days as ive heard every number you can think of in tullow oil share chat haha and so far none are right at moment lol
Does make me wonder what information they are using. There investments will be discussed with the "experts" of pictet.
Either they have a team of gambling addicts or they are very intelligent people who know the future with inside information.
Time will tell....LOL
Roll on tmw then ))) Fingers crossed.
we hope so )))