Member Info for StanleyPro

I have a feeling we will break 35 and go on a rally to at least 50p this time round.

In October when the Brent was cheap Moody's came round the corner to knock TLW and publish their forecast of 35$/bbl for the whole year! Now Brent is flying some other muppets moan that the total production forecast is lower than expected... get out!

There's absolutely nothing wrong with "TLW oil results".

5.80 was a key level, hopefully we'll be up to 7-8 in the next couple of days.

"The SP is going to either the 200SMA 25.65P or the 100 24.48P. There a Fibonacci pivot at 26.19 so could swing around that otherwise it's down to 23s but that seems a bit too low M"

A BIT? Mate, TLW's taking a nosedive

blasted TLW. The current SP is ridiculous

MMs should just let it go

I'm new here so it's interesting to see what other members think about SOLG valuation especially that they are not profitable atm.

Not giving away a single share below 50p! Surely big buys will be coming in first thing in the morning... TLW is so undervalued atm.

Surely they must be thinking about hedging around these levels but I wouldn't go "all in" yet. We have to see where the price takes us. If TLW can get some amount secured over 56$/bbl they would actually outperform most positive expectations for the year 2021. Let's hope it reflects on the SP too.

TLW should be near 50p by now

Brent over 50$ how come we're still in low 30s?

Pictet can't hold their short indefinitely and at some point they will have to close even if they don't like the price.

"wheres your buy in price.. im thinking around 48-52 :)"
I still think we'll see mid 30s - low 40s during the market correction.

From Rahul Dhir's message we can sense that TLW has world class assets which are actually better quality / value than what he thought when Rahul joined the group. This allows to focus on 10y. strategy and navigate through the current crisis. Bad news for the shorters, TLW will not go bust! I said it half a year ago and I'm even more confident now.

We've had a good rise indeed but TLW still remains undervalued IMHO. I would say 45-60 range is about right for now.

Why are we sliding down? Brent is now 48$+

No way! Positive vision tomorrow, maybe an update on planned drilling in Q1 2021 to increase production. You just don't want to be out of this share.

"Pictet asset management are playing a very dangerous game now that will become very costly indeed."
Their loss my gain. Nobody cares about Pictet and their financial situation. The long term holders have been in the red for too long in this bear market. For some reason all shorters accumulate at LSX, they don't short NASDAQ or S&P, they know they will be toast.

Me too. I would like to hear about the future plans from our CEO. TLW will survive and we may even get to 50p by Christmas if the oil price stays at the current level or goes higher. Now Moody's can put their 35$ prediction in a bin! They just wanted to "play safe" by releasing a negative outlook on TLW.