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Https://www.channel4.com/news/iran-prepared-for-10-years-of-war-says-former-senior-irgc-commander

If the war does last that long, what price do you think Tullow will be, I think a lot more than 15p?....

Yes is getting tempting to add more at this price, considering it nearly hit 240 last Friday...

Good find QF10, as the LBC article states Asda have already seen a recovery;

"Asda has revealed a continued recovery in sales over the past three months as it pushes ahead with its turnaround efforts.

It came after the UK’s third-largest grocer struck a deal with Ocado to improve its online grocery service for customers."

Yes let's see what the market thinks, is this finally going to turn on the news?...Here's hoping..GLA

For the record Richard Miller has bought 507,000 shares at various prices since Sept 30th 2025.....plus I think was awarded 6.5m shares as part the company incentive scheme reported on Oct 7th 2025.....

Don't want to jinx it, but the chart seems to have turned upwards. Long may it continue.

Anton, could not agree with you more, he is looking for a way out to save face, but all routes are closed. Have a good bank weekend all as we look forward this hitting 20p very soon.

Anton, could not agree with you more, he is looking for a way out to face, but all routes are closed. Have a good bank weekend all as we look forward this hitting 20p very soon.

Yes it does seem a positive statement, lets see what the market thinks on open.

Same here Fewdollers, but seems not going to hit it prior to going into the bank holiday weekend, with Trump.insisting he is going to remove the urainum and oil price droping currently as a result of his comments.

All looks good to me, the good news and recovery seems to be continuing at Currys, especially like the bit where they state, the middle east conflict appears to have had no effect on the business..

Tony, I love your confidence in terms of share price appreciation in the next few months, fully loaded here for that 50p target, if hit will recoup most of my losses over the last 35 years of gambling, sorry meant to say investing..

I also, just hope the recovery at Currys has continued and not stalled because of the Iran war.

I also, just hope the recovery at Currys has continued and stalled because the Iran war.

TDDW, not saying it will happen, but you never know in this game when the market starts to believe in recovery of a once dead stock which TLW was before the completion of the re-financing and the Iran War bought on by our friend Mr Trump, you only have to look at Saga, it was around 250 around Dec 2025, by March 2026, it was over 550. Have a good weekend...

I hope you are bang on Tony, as I have set my exit price of price 50p by year end...got jittery yesterday, so unfortunately let some of my holding go at around 16p at a loss on resent buys bought around the spike @ 😕 19p

Looks like currently this is in free fall, not sure where the brakes are.

Have I missed something, has TLW up rated to 19p by someone?

Sorry for reason I can't post the full article.

Nice one Shls, so we have been upgraded from the previous rating 'D' (default).....which sent us to an all time low of 3.5p.

08-May-2026 | 05:59 EDT

Tullow Oil PLC Upgraded To 'CCC+' On Refinancing; Outlook Stable; New Senior Secured Notes Rated 'CCC+'

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On April 27, 2026, Tullow Oil PLC completed a consensual debt restructuring that improved its liquidity position and debt maturity profile.

While we expect the company to generate S&P Global Ratings-adjusted free operating cash flow (FOCF) of about $280 million in 2026, we view this cash flow as reliant on oil prices, and therefore insufficient for the group's high financial indebtedness. Because of this, and the company’s effective inability to refinance its debt maturities for a more extended period, we view the new capital structure as unsustainable. We believe that Tullow Oil continues to rely on favorable oil and capital market conditions to meet its financial commitments.

We view liquidity as adequate in the next 12 months, as funds from operations (FFO) are supported by the current favorable oil prices, new $100 million cargo prepayment facility (CPF), and lack of debt maturities in the next 12 months.

We raised our long-term issuer credit rating on Tullow Oil to 'CCC+' from 'D' (default). We also assigned a 'CCC+' issue rating to the new $1.2 billion senior secured notes issued by Tullow Holdco 2 Ltd. We withdrew our issue rating on the $1.285 billion refinanced senior secured notes, because they are no longer outstanding.

The stable outlook reflects our view that Tullow Oil’s liquidity will be adequate over the next 12 months, and that market conditions are very favorable at present.

LONDON (S&P Global Ratings) May 8, 2026-- S&P Global Ratings today took the rating actions listed above.

S&P Global Ratings believes that refinancing has improved Tullow Oil’s liquidity position and maturity profile. The completed process has provided the company with a new super senior $100 million CPF. It also replaced the existing senior secured notes and the loan provided by Glencore Energy UK Ltd. with new, longer-dated debt instruments. The new CPF ranks ahead of the senior secured notes and has the same security package and guarantees. The CPF can be drawn against designated cargo from the Ghanaian Jubilee and Tw