Member Info for StanleyPro

And the dividend slashed to 5.5% from circa 9.5%, yet the stock surged higher on open.

Net cash decrease by 39% in 2025 is more worrying than divi. Could be very bloody for TW.

Almost everything is realised close to spot. Our first tanker in March should be $80+ if prices remain high going into next week.

"Shorters have nothing to fear as there is little upside here."

Tullow is top of the FTSE today. Could you please quantify "little upside"?

Still a lot of potential here, I do not see any other oiler that can double near term. The acquisition of FPSO and further development of TEN could turn things around.

This board is persistently dominated by "posting records" and "calling sell at 39p" messages, which are not helpful for anyone, even annoying that one has to scroll through a large heap of posts to find a half decent piece of information on Tullow.

KOS is currently back to June - July 2025 levels, which for Tullow translates into 16p+

Just wanted to emphasise that all "non-experts" mulled possible refinancing options and arrived to a consensus that a wider agreement with Glencore was the most probable outcome, with a couple of years extension at circa 15%. The self-proclaimed expert, on the other hand, called for bad news this week. Unless it was implied that bad news will be accompanied by a surge in the SP, it's fair to say that "non-experts" have won this round.

"The terms of the refinancing is the bad news."

The news are in line with what has been discussed on this board since November. We're also way ahead of a rather conservative 2026 forecast, with brent at $71 and Jubilee flowing over 70 kbopd. If Tullow can manage the natural decline then we'll be safe.

Too early for that, oil is probably going to test $80 level

BARC exited completely as you can see from today's RNS, could be due to the SP decline in recent months putting more pressure on them. It would've made more sense selling closer to £10 but why now? They must think that it's going further down.

"Pricing Window (Days 1–5): The final price is typically calculated using the 5-day average of Dated Brent immediately following the B/L date."

As day 5 is coming to a close, Tullow and partners should be getting at least $68 which is a decent result

Down but not out. Long live Tullow oil!

When do we expect delivery to port? One could then relate to the spot price of oil.

Hi Flavius, we don't know what they've been up to. The IR has been absolutely terrible at communicating information - you get news from Kenya, KOS, Ghana, partners and contractors, XX tanker tracking... anywhere except from Tullow Oil! Market assumption - things must be really bad, hence, the MCap of $100m. Are they getting paid to sail Tullow into a rock and jump ship in May? What's the result of their activities and negotiations?

Venezuelan oil is mostly heavy and sour - different gravy! If we take high quality low sulfur light grades (of substantial reserves) these will include Arab extra light, Brent (North Sea), WTI from Texas, oil from West Africa and a few places in Asia. The more you think about it the more you realise that it's absurd to sell this stuff at $60 per bbl in this day and age.

The oil sector has experienced a decline over the last 5 years due to a so-called "global supply glut" but if someone thinks that there are rivers of light sweet flowing around then they couldn't be more wrong, so the price is likely to increase even medium term. Metal miners were also unloved for decades and right now your neighbour and his dog are buying gold. The central bank of Poland is buying gold at the all time high, now where were they 3 years ago? Institutional investors of China, India etc. are like sheep being herded through a narrow gate.

Now FRES is predominantly a silver miner and silver went from $20/Oz to $120/Oz. Their cost model was based on a much lower price per ounce and now they have massively exceeded expectations, it's like increasing production by a factor of 5 without extra operating costs. There's no magic involved in the share price surge.

Brent is extremely undervalued if you look at a wider picture in the market and factor in eroding US Dollar. We should get closer to $85-90 per bbl

Posted this one month ago: "Good close today, firmly over 6p. It's not unreasonable to expect the gap at 8p to be closed anytime soon."

Brent price broke out of $67 last night which is the upper bound of the 60-67 trading channel where the oil has been trading since October.