The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Fantastic too see Tullow up 2% whilst most other oilers are down this morning. Positive news on the horizon mm's know what's going on. Time to load up everyone.
We may well see $75pb by cob this week God Almighty willing. Great stuff after all the doom and gloom last week.
As a minimum 65p on the sp front. Hopefully 15th Sept H1 update will be a propeller to get to the coveted £1.00 sp and in excess of $1billion market value. We do need oil above $75 IMHO before we see that sp again. But company fundamentals wise looking very positive indeed under Rahul's stewardship.
Brent has just breached $70pb. Fantastic news for all genuine Tullow holders and other oilers. A near 9% rise in just 2 days. Let's pray that God willing this continues in this direction. We will back at $75+ in no time. Post 15th Sept with positive H1 results and Kenya update we're going to Back above 65p on sp. GLA-LTH.
Kenyan Court orders the Kenyan revenue authority (KRA) to refund Tullow Sh488m or £3.3 million pounds sterling at today's exchange rate. Better in Tullow coffers.
In case you ret@rds didn't realise this is Tullow board not Kosmos or any other co. for that matter.
Why don't you get the message you monkeys and clear off back to your Enq board? Wtf
Key points of the refinancing:
-Maturity date 2026 (5 yrs from now so creates certainty)
-No risk of equity dilution (this is vitally important for investor confidence and sp value)
-no change in interest payable (I.e. payments have not gone up as some idiots on here are suggesting)
All in all company direction looking extremely positive under Rahul.
@January 2: For the record Enquest bond matures Oct 2023 at a rate of 7.55% interest. There's a total of $1.15 billion to repay in circa. 2 yrs. In reality Enq is a small player circa 25-30k bopd production in the increasingly challenging North Sea area. I think you're in deep ****e so go back to your poor schoolboy board and leave us real players to it on the Tullow board. With future potential developments we should be seeing 80k-100k bopd for Tullow at an average hedge of $55-$65. All positive going forward. H1 results due in early Sept. Proven going concern. Re-rate due by Morgan stanley and the big boys by then. Lth it's looking good we should be looking at 100p+ by Sept end.
@Ammu we will all be so happy to see you run under a bus. We are not interested in Enq so go die. Bye.
PoO nicely moving to $75pb. We should see another steady lift by 5% to Tullow sp tomorrow. Great to see Tullow outperform big oilers when heading upwards. Bp and Rdsb only up 2 to 3%. Tullow managed 5%. Happy days.
Price of Brent dropped 10% to $68pb but is now back above $74pb. All things being equal we should be back to mid 50's early this week. Air travel is picking up nicely and so it is at the pumps with increased road travel with the holiday season. Early August we should be above 60 on sp. Bargain to be had here. I've topped up nicely on the dips.
Brent Oil price has fallen from $77 to $73. Sp has fallen from £0.65 to £0.47. Interim update was positive and reassuring for the market. What justifies the circa. 20% drop? I appreciate other oilers have also dropped big during this period. But still?
PoO today officially hit highs not seen since 2018!! Must be a positive as last I checked tullow sells the damn stuff!!! Increase not yet reflected in sp here. Mm's ba$trds at work again.
Nice little spike in tullow sp last few minutes. Up at 61.5p now. That's more like it!!
Yes the market anticipated 500k bopd increase, so early indications of only 400k bopd increase, is what has got price of Oil sharply up this morning. Fantastic news prior to OPEC+ meeting.
What a knob
Can sum1 explain wtf is going on. Wti $75+ and Brent $76+ right now. Yet this share is barely up at all??? We should be looking at 65p+ right now!!! You've got absolute lotteries like hur, ukog, 88e all 20% up on the week WTF is going on? People lost their minds!!!!
Brent Futures now up at $69.49 = share price Boom Boom!!!
Up up up from here. Tomorrow share price close £0.60 IMHO.
On the live price data, price of Brent Oil is now up to $69 pb. This share should be flying from tomorrow. There is no reason why this share should not be back up to £0.35 we saw in early March under PMO IMHO.