Member Info for Thrump

Help.....If in doubt ask - Looking at Yellowmans note above, could someone please explain in broad terms how shorting works and they are able to squeeze every little drop from the share to make money? Does this drive the share price (Stock) value down? And finally how can they be caught out so it costs them financially.

That's a good positive news item :-)

Unfortunately not - I couldn't afford to with the losses sustained here - My next overseas trip is planned for 2040

I was ill with a dry cough, sore throat and a body full of aches and pains about two months ago - I personally think half the nation may have already this. I didn't take a single day of work during that time............... I think the whole Covid 19 situation is being blown out of proportion (Just my humble opinion)

Although I'm heavily invested here and stand to lose my retirement fund I remain positive and know that the stocks will increase in value at some point in the future. Just a case of sitting and waiting - I have recently been quite ill suffering with hot sweats, a high temperature, blood shot eyes and sickness and diarrhoea and thought it may be Covid 19. Im happy to report that it wasn't as it turned out to be TOCS (Tullow Oil collapse Syndrome) - Very similar symptoms

£228K loss for me at Zero meaning I retire at 85 years of age

liquid1 ..........Sub 10p - Based on what? Do me a favour and do one

BigBear2 - This may help explain the lack of updates / RNS

Thank you for your feedback. Yes, we have indeed had many similar discussions with private investors recently.

The Board and management of Tullow have been very active before and since our 9th December announcement. A number of actions have been taken, including the departure of the CEO and Exploration Director, the formation of a reduced sized interim management team and a material restructuring of the organisation, which has led to over 35% reduction in headcount. Other actions are also underway to progress portfolio management activities, such as the sales process to reduce our stake in Kenya, continued discussions regarding Uganda are underway, as well as considerations of other portfolio management activity. You will understand the sensitivity of these activities and why they can’t be discussed in detail yet. The recruitment of a new CEO is progressed well and remains a priority for Dorothy Thompson (Executive Chair).

We also continue to focus on running the material day-to-day operations of the business. We have started the year well, with production in line with expectations and a number of improvements made in Ghana.

I understand it feels like time passes with little news at the moment, but the actions mentioned above don’t happen over-night and I can assure you that the Board, management and staff are working hard to complete these actions and stabilise the company as quickly as possible, whilst ensuring that the actions are appropriate.

The next planned update to the market is 12th March, when we will report on the key outcomes of the Business Review and the 2019 Full Year Results. In the meantime, we continue to engage with small and large shareholders. What we cannot do though is put out RNS releases in reaction to share price moves which have no substance or news. I know this is frustrating or appears that we are not reacting, but please be assured that the Board is extremely aware of the need to repair trust and rebuild from the solid asset base the Company retains.

I hope that is helpful.

babusabu1992 - Good to see you use the word think it kind of demonstrates that you haven't got a clue what your writing about, your comments are all based on your personal feelings and assumptions (unless you can support your comments with data and facts which I very much doubt) - I look forward to seeing your apology to Dorothy after Thursday

HeresHopin - Brilliant

No worries - this was a response I got from them recently after I contacted them - it was interesting to read the comment about a new CEO has progressed well...........Hopefully we may have some good news on Thursday

Thank you for your feedback. Yes, we have indeed had many similar discussions with private investors recently.

The Board and management of Tullow have been very active before and since our 9th December announcement. A number of actions have been taken, including the departure of the CEO and Exploration Director, the formation of a reduced sized interim management team and a material restructuring of the organisation, which has led to over 35% reduction in headcount. Other actions are also underway to progress portfolio management activities, such as the sales process to reduce our stake in Kenya, continued discussions regarding Uganda are underway, as well as considerations of other portfolio management activity. You will understand the sensitivity of these activities and why they can’t be discussed in detail yet. The recruitment of a new CEO is progressed well and remains a priority for Dorothy Thompson (Executive Chair).

We also continue to focus on running the material day-to-day operations of the business. We have started the year well, with production in line with expectations and a number of improvements made in Ghana.

I understand it feels like time passes with little news at the moment, but the actions mentioned above don’t happen over-night and I can assure you that the Board, management and staff are working hard to complete these actions and stabilise the company as quickly as possible, whilst ensuring that the actions are appropriate.

The next planned update to the market is 12th March, when we will report on the key outcomes of the Business Review and the 2019 Full Year Results. In the meantime, we continue to engage with small and large shareholders. What we cannot do though is put out RNS releases in reaction to share price moves which have no substance or news. I know this is frustrating or appears that we are not reacting, but please be assured that the Board is extremely aware of the need to repair trust and rebuild from the solid asset base the Company retains.

I've got 345.5K Shares and need £0.67 to break even

Today's RNS ref voting rights? It seems to be a bit random

Wull_1976

I received a note from Tullow Yesterday this did mention the following

"The recruitment of a new CEO is progressed well and remains a priority for Dorothy Thompson (Executive Chair)" They mention Progressed not progressing so hey may have actually found a candidate so I am hoping there will be an announcement soon.

In terms of a director purchasing shares - with it being close to announcing their year end results would they now be in a closed period which doesn't allow senior staff members to trade in their own company shares?

I recently wrote to Tullow and this was the response received

Thank you for your feedback. Yes, we have indeed had many similar discussions with private investors recently.

The Board and management of Tullow have been very active before and since our 9th December announcement. A number of actions have been taken, including the departure of the CEO and Exploration Director, the formation of a reduced sized interim management team and a material restructuring of the organisation, which has led to over 35% reduction in headcount. Other actions are also underway to progress portfolio management activities, such as the sales process to reduce our stake in Kenya, continued discussions regarding Uganda are underway, as well as considerations of other portfolio management activity. You will understand the sensitivity of these activities and why they can’t be discussed in detail yet. The recruitment of a new CEO is progressed well and remains a priority for Dorothy Thompson (Executive Chair).

We also continue to focus on running the material day-to-day operations of the business. We have started the year well, with production in line with expectations and a number of improvements made in Ghana.

I understand it feels like time passes with little news at the moment, but the actions mentioned above don’t happen over-night and I can assure you that the Board, management and staff are working hard to complete these actions and stabilise the company as quickly as possible, whilst ensuring that the actions are appropriate.

The next planned update to the market is 12th March, when we will report on the key outcomes of the Business Review and the 2019 Full Year Results. In the meantime, we continue to engage with small and large shareholders. What we cannot do though is put out RNS releases in reaction to share price moves which have no substance or news. I know this is frustrating or appears that we are not reacting, but please be assured that the Board is extremely aware of the need to repair trust and rebuild from the solid asset base the Company retains.

I hope that you don't get opportunity to spend that cash and that the share price increases today

Done - Thanks for this :-)

I have a significant amount of money tied up in Tullow and watching this fall so rapidly a number of weeks ago made me feel physically sick. My view is that the value has gone down but I will only lose my money if I sell which I simply cannot afford to do. At the moment I haven't got any further funds to invest and am therefore sitting tight waiting for some positive news from the BOD that may influence the share price. I could have increased my stock holding by selling at peak and purchasing as the share value dipped. My only fear here was getting it wrong and losing more money.

It does annoy me when certain idiots post comments about there wish for the share price to fall and that they have a secret signal that we should wait for, this behaviour is simply pathetic..............So Yes Leer75 I'm sick of Jaffoon and if I could block his / hers post then I would

Betrayed you really are a twat