Member Info for Shpunken

Actually the production guidance drop is a good thing, this way if the numbers will be higher the market will be more positive so a more conservative view is better atm.. and cancelling dividends might be bad news for us but for the co it’s great news and cash saver so the market will be positive about this one.. board changes show some kind of response to underperformance.. it looks like the money will be used for aggressive exploration and development of licenses in Guyana

The market will only react to the cuts when they will actually be shown.. they already know that a lot of countries didn’t follow their guidelines.. so Saudis will have to make sure that everyone follows the cuts in production.. if they achieve that the market will react positively 100%

-4% on no trades, well done boys, keep milking it... bk yo 53p tomorrow

Lol they are really doing what they want with tlw atm

That’s horse ****... repsol are the operator on that block and tlw will have to drill on our licence, otherwise total and Qataris will make sure tlw never gets to drill again

Also 2x375k trades earlier

The info they had could only be released when appropriate.. every company in the world withholds info.. the dumbest thing tlw did was to release that rns without the final results.. they should’ve held on to that info until the final results are out.. imagine if they come bk to say, yes it’s commercial, we will make 30% less profit than anticipated etc.. I don’t blame eco nor our ceo.. but tlw on the other hand I’ve had enough experience to know that it’s run by idiots.. the mistakes they keep making are just ridiculously stupid

Nice spread, good work...

Lol in that case, I apologise. Although not sure what to make of the two nearly 400k trades

Sells?? The rise kicked off after the 200k buy which followed by 50k blocks of buys until close.. not many trades overall but some very nice buys.. could be that ppl are buying before the drill results are out

I agree with u on sentiment.. but that boat is now steady.. sentiment already did it’s job to drop the sp.. now the only thing we are left with is the trading range.. this obv will change if the news are good or bad.. and regarding the bod, only private investors will think that the bod lied to them etc, emotions always take over when rational thinking and inexperience kicks in..

Lol u guys obv have no idea about the trading range.. 44p is bottom and won’t drop below that, unless we get negative news.. just like we won’t go above 66p unless we get a positive update... the range will vary depending on the situation, but atm this is it

This looks like a favour rather than a placing.. which is disgusting... someone about to make a lot of money by the looks of it.. the dilution is tiny and won’t affect the sp during the rise, so am not angry about that.. but the discounted price and the timing is a slap on the face.. I am expecting nothing but good news now from the operations and also can see ukog forcefully taking the shares of other participating companies that couldn’t meet the obligations

James, I agree, the channel would present a quick turn around.. if successful ofc lol.. confirm circa 700mb (heavy commercial oil) even at $2 a b. It’s still a lot of cash... like I said before tlw can easily sell a chunk of that field and get good money for it, which they can use for more drills on both licenses..

That would be interesting if they manage to Drill the jethro channel before March and then go for two exploration wells in the summer/autumn.. hopefully everything will be planned and ready by jan and may be the jethro drill by end of jan/ first week of feb?..

Lol so u think this is big vol? U must be really bored posting crap like that.. I’ll be worried when tlw tanks on no news.. eco is a very easy pray to drop and raise the sp at any given day... be my guest and cut ur loses and adios... majority are here for the end game of 2020 and not a quick profit.. and with the drilling campaign we are about to have, I don’t really care if we drop to 30p, I’ll just buy more shares

oh Wise one, what did you see in those trades that we mortals did not?...

My statement is a fact... if the flow is commercial then it will be profitable, that’s already been discussed by the company.. in terms of costs, numbers etc that will only show the margin, so the specifics... but generally speaking, commercial flow = profit..

Again all these numbers are just made up, hot air.. until we know what we are dealing with, we can’t say exactly how much more it would cost.. all we know is that if commercial, it will be very profitable, that’s it

The reason why muppets are selling is because we might get no material updates for at least 2 months.. this is aim, the drop was inevitable, but honestly, unless u need to cash out asap it doesn’t really matter.. if they achieve good numbers, we will be celebrating throughout 2020