Member Info for Shpunken

Why are you leaving out info from the tlw update where they state that the 2020 still will happen?... obv trying to put a negative spin on this, saying that the drills won’t happen now.. the drills will be going ahead, both with us and repsol.. tlw will have a very busy drilling year in both of those licenses to cover up disappointments in Africa

Some huge buys today, good to see

Some of u can spin it in every negative possible way but that doesn’t change the fact that the jethro channel can contain around 700m barrels.. and the capex increased mentioned barely changes the profitability scenarios.. only concern with heavy oil is the flow, and we seem to have no problems with that... final results will give us more info.. joe is the only concern, atm

MMS will be celebrating with white lines and boobs.. job well done

Yea, wow... we will prob be worth £0.0001 by the end of today... muppet

Just bought 50k more after watching the update.. keeping another 50k in case it drops further, it is aim after all lol

There you have it, still very profitable and most likely commercial.. obv the price will be discounted by about $10pb but that’s not that bad... I do love aim for that, creating crazy entry opportunities!

So you decided to exclude the parts where it can still be commercial lol muppet... lots of big fields are producing heavy oil, so let’s just wait until final results..

Exactly, finally some sensible posts!

They have enough money to go for both licenses.. cpr and final results still to come obv, that will give us a better understanding of what to expect.. the drop is way overdone, some very big buys been flooding in, we will bounce bk am not worried at all.. only concern is joe..

Tlw in their update said that they will be drilling more wells in 2020.. no concerns there.. total will ofc wanna drill more, Qatar.p will also wanna do more wells in 2020, not sure why ppl are thinking this is doom and gloom... just wait for the cpr, it will be extremely important now and will show the full picture of what we have... Good cpr and a commercial carapa and we are bk above £1.. if not, then we can worry about the 2020 drills...

Some of the crap that ppl are posting lol ok, so the oil is heavy, not a big deal, as long as the costs of production stay low.. surrounding areas are producing heavy oil ffs.. ppl writing this off are either extremely stupid or are just trolling around.. cpr will now have a much bigger effect on the share price and so will the result of carapa.. will be shocked if Gil and co don’t purchase more shares at these lvls.. loading up, easy money to be made.. my only concern atm is joe, but let’s see what the actual final results will show us

I disagree, even if carapa is heavy, but commercial, the will still be looking at production. They are still assessing the results but if the costs for production will be low, why wouldn’t they go ahead with the production?.. obv it’s not as sexy as light crude, but to dismiss three potentially commercial areas, would be stupid.. still so much to play for Exxon’s next well (if successful) would also give our sp a boost.. I still see us trading way above £1 when the new drilling campaign kicks off

Not ideal for the sp short term but will provide an even better entry point... still looks commercial, they’ve unlocked two plays, and tlw are always extremely conservative in their approach so wouldn’t pay too much attention to that.. cpr numbers will be interesting and hopefully a drilling campaign that can have at least 3 wells and hopefully start around Q1 2020

That’s what confused me as well, hopefully it can be clarified tomorrow.. if we get another hammerhead our of this, that would be incredible

We need some big news to move us upwards.. everything else is just positive noise.. plus the horrible finance deal isn’t helping.. still so many shares to sell.. hopefully though, by end of the year we can start to move upwards and see a transformational 2020

8p equals to over 500m mc lol what r you guys smoking...

Completely disagree with u regarding eco being sold for cheap.. pre 2020 drills looking at £3.5-4.. post drills, if all successful, at least £8! This has the potential to be a mini Saudi Arabia, no one is getting in on the cheap

No one cares if the sp drops during a quite period.. their job is to make sure we achieve our final objective and not hold the sp lvl lol

Unfortunately these orders don’t always go through, especially if it just barely touches the price. Manual always works better for me, from my experience