Member Info for SS17

This is good time to buy a quality share like RR; it’s one of the British icon and well diversified, not 100% relying on Airlines industry! Dyor

I think this will be re- rated now given reducing debts by 500m + new ceo who has extensive experience in the Africa ; more likely it will be take over target and they will be actively looking to sell ... my target at minimum 60p as starting point could go £1+

Is happening tomorrow; both PMO and Tullow will fly tomorrow to get closer to 40p! Hole to see another rally tomorrow

Is happening tomorrow; both PMO and Tullow will fly tomorrow to get closer to 40p

Holding both, in my view they are seriously undervalued! Both should go above 50p soon ... both low cost producer , only issue they have large debts, but they have good cash flows and plan in place to tackle ! So don’t see point selling at this price for small profit ... when both were below 16p( tullow was at 12p) I quoted WB famous comments “ be brave when others are fearful”

It is still applied ... hold tight and you have you will be rewarded !! DYOR

Holding both, in my view they are seriously undervalued! Both should go above 50p soon ... both low cost producer , only issue they have large debts, but they have good cash flows and plan in place to tackle ! So don’t see point selling at this price for small profit ... when both were below 16p I made quoted WB famous comments “ be brave when other are fearful”

It is still apply

It’s going back to 50p + very soon where it should be ! Same for Tullow both massively undervalued and I’m holding

I made two comments yesterday that panic selling and overdone , it is bound to bounce. Next Monday in OPEc meeting SA n Russia may agree a deal which will take all oil shares to where it should be , at least another 50%. ... PMo and Tullow is my favourite/ high risk / high return! Either of them could be take over target

It will bounce back tomorrow, market panic overdone ... today was great buying opportunity!

Too much panic going on, couldn’t resist , just got in ! Oil price will go back up, PMO is too cheap ! Be brave when other are fearful !

Now Tullow ticks all the box for takeover , it has solid asset, low cost with 245mb proven resource + has partner like total , CNOC! Anything is possible, it’s too cheap now! Hold it and sit tight !

Given gold price is nearly $1700, don’t understand why Newmont is not accelerating Anza project ? Omi should be above 10p now

PMO may open at 40p tomorrow ; don’t panic it will be just paper loss! Hold tight

Would be interesting if BP drops 30%?

Unfortunately it’s bad timing, Tullow may go 50% down tomorrow! I bought at 60p , v sad ....hope one day we will recover if it doesn’t go bankrupt

How long the co can sustain with this level of cash ? I would be interested to see at what price they raise cash or is there any other source without diluting share price ?

“The Company can also confirm that as at 31 January 2020, its cash at bank was £1.53 million and the available cash from its banking facilities was £0.72 million; a total of £2.25 million available to the Company.”

You will see whether it’s a joke or not when market open in mid February! I am a assuming you don’t any holding or read latest RNs where independent resource estimate shows over 76mbo, it also has potential of over a billion bo, it could be massive ! Worth taking the risk and taking this joke seriously! DYOR

Excellent Update on 23rd Jan, LKA confirmed 76mbo of contingent resource gives NPV of $595m alone , form out discussion underway too ... when open SP should fly

At this price Tullow is too cheap given it’s production level , profitability and cash generation and this is the time usually offer comes ! Hoping an offer from a bidder ranging from £1.30 to £2...

It’s clear market makers are playing with this shares , brining floating between 40p to 68p! When it goes up it will go straight to 90p and gradually to £1.50+

Same for me , good to see we are on the same page !