Member Info for steward1

I'd be thinking that the shorters are manipulating the price so that they can exit... otherwise, all the conditions are ripe for TLW to motor north. Oil price is rising and should rise more - I'm of the mind that once more news materialises about vaccines and life is getting back to a normal, OPEC and co will hold back supply, forcing a sharper increase (easier to increase poo in a situation where demand is increasing). IMHO, all the predictions on poo and, therefore, TLW's sp are very cautious. Add to the mix that shorters will close and get out the way plus some form of refinancing, I'm pretty bullish about TLW's sp potential.

Spot on Sharebel... and who's to say that some bigger company won't be sniffing around to buy it?

No expected breach and I'd read into what he's saying that there should be some good news on refinancing.

It's all pointing in the right direction!

Finance guy is on later, mate.

My own view is that we're very much in safe hands... under promising now to exceed expectations later. Impressed by what they've already achieved and taking a tight rein on costs.

Remember, the world is wakening up again - poo will head up as vaccines are rolled out. If I had more to invest, I would. Upside in the short term and long term is looking very positive. aimho.

Can't see retracement being a major factor with shorts being closed.

Can only see good things for TLW.
POO heading gradually up on positive news for vaccines and testing programs, relaxation of self-isolation/quarantine... gradually the travel sector will get back to flying. We'll all start moving about more in the Spring.
Shorts closing and the ship has been steadied - TLW likely to survive and thrive.
Upside - even from here looks very positive and looking like a multi-bagger.
Patience required and resist the temptation to sell!
AIMHO

jonjo19 - a very naive statement! Take a good look at GR's MO and you'll find someone who has shafted holders time and time again. A leopard doesn't change his spots!

I think what springs to mind is "Here we go again!" GR has got bored of the toys he got last time... no-one wants to play with him so he's looking for the next shiny thing to shaft holders with. Endless promises of gold just over the horizon... GR has zero record of delivering any value and now he talks about a change of direction... disaster awaits!

Dattels' move yesterday and today's move by George are the strongest signals yet that there is news ahead very soon and that they're expecting the sp to motor... aimho!

I reckon that it's very good news that Dattels is finally coming out of the shadows! Something major is happening - aimho!

The missing 2b is clearly an issue - I think the insolvency move was to buy some time to get to the bottom of it. It is continuing to do what it does (FCA lifted restrictions in the UK) - I think this is a real positive. Does it have a future and what will it be worth? I think it does and I think that 20 euro is achievable in fairly short order.

Chesh - I've been in CERP since LK took over. Have to say that I'm thoroughly disappointed in him, the RNS and this morning's interview. There's nothing clever about the deal (as he spouted this morning) - feel very much that we've been led up the garden path!

Hey Acker - I had the same view as yourself a few weeks ago but, in my blind optimism, I recently thought that the news from Circum would have been more positive. The update is worrying to me... GR is bound to take part in the RI and ground being broken could still be years away. Why the need to update the DFS? It's all looking pretty murky again.

I agree Razorman - just can't fathom why Leo & co are accepting this. Something is not as it seems after all the positivity.

So much for GR buying revenue producing assets! Same old, same old!! Very, very frustrating!

Hey Acker - I'm no fan of GR but he has faced a lot of criticism in the past on timing and the order that he's done things. Maybe, he's learning and maybe some positive news regarding Circum is imminent. If he waits for one piece of encouraging news (that could boost the sp significantly) before picking up more of MNH then the MNH purchase becomes all the cheaper. AIMHO... ever hopeful!!

I don't know if I'm surprised or reassured that GR hasn't immediately jumped in to take another slice of MNH.

Could it be that Circum really is imminent (i.e. this week, next week) and that he's waiting for this news and a higher SP before he takes out MNH?

What has GR reportedly said about the Circum meeting?

Can't argue with that at all, Phillip1976 - he has a long list of charges to answer for and this is his last chance to make some reparation.
After yesterday's vote, he does have another 6.5 billion shares to play with.
He'll certainly be able to get another piece of MNH - I'm not convinced on that one.
However, the headroom that he now has might persuade the Zim gov't to support RHA (not convinced on that one) and, more importantly, to grant the Zulu EPO.
On Circum, I reckon the rare meeting due soon will provide some positive news.
For me, the risk that GR will muck this up is still high but Zulu EPO and Circum are out of his hands... but the reward is massive.

Over to you, George!

I'm going to agree with you... at least for the most part, CF. I think he genuinely wants PREM to do well but has made the wrong calls so often.

I sincerely hope that he can "finish well" and that something significant comes to fruition before he steps down. The next announcements on what he'll do with the head room is critical - let's hope for no surprises!