Member Info for Tornadotony

1 January to current Brent mean average futures price reaches $74.4 per barrel and should past $75 tomorrow. Company cash flow in Q1 to exceed $10M higher than original forecast. Every chance of continuation in Q2.

Omits detritus.

Now priced near the capital raise. Perhaps the insiders could see this all happening. It is still a good idea to read through AGM material. Has to hit rock bottom at some point.

JMAX is very lonely like an abandoned dog on the street all unloved and hungry and looking for some attention.

Jmax

The company gave one critical figure that you can not dispute. It was done to help us gauge in a realistic way future valuations in the current scenario. Every $5 per barrel on the average annual price above $65 adds $20M free cash flow. We already passed the average annual future price of $73.9 per barrel since 1 January on futures. Taking 10p as the pre war baseline when refinancing was resolved we get to 13.4p if the oil price averages $85 per barrel spot price from tomorrow until 31 December. If the average from tomorrow was $90 a barrel per day the lowest price for Tullow is 14.8p using the info what the company gave us. This is based on a 1:1 ratio of FCF being added to enterprise value and is not using a multiple PE rate that would give far greater valuations if it were done that way. We could see oil hitting $140, but it could peak and demand destruction slowly lowers the daily price. Income from Uganda could add 1.6p to enterprise value as a minima. At $95 average price barrel per annum the share price is 16.4p and with Uganda income would hit 18p. These are minima outlooks. The market is already accepting that $85 a barrel is here to stay. Every day this war gets worse the oil and gas prices go higher. It is therefore useful having Tullow as a hedge in a share portfolio. The market is currently deciding if the war can end in the next few days. The next phase is valuations being based at $90 and Tullow sits at 14.8p.

The situation in Asian markets is to ignore comex paper prices. to obtain physical barrels of oil being off loaded for delivery is between $120-140 range. There is real panic building in the markets to obtain physical oil supplies. It is now paper plus premium price to get a physical delivery.

ITM is my hydrogen energy play. Commodities out of the ground are buy and hold for 2029. BoE having a meeting later today. Also bear in mind that 8p today will eventually be in a devaluing currency.

Titanium is up 550%. Will Vanadium follow a similar path?

Wow

Correct in the pull back not specific to this company. See of red out there all travelling in the same comparative direction. The exception for the most part are oil stocks. The banks are in a reasonable position until companies find demand destruction caused by oil/energy costs and loss of materials in the supply chain impacting commerce between producers and consumers.

China have placed a massive fishing fleet between Japan and Taiwan and have activated their air force in Taiwan air space on drills. USA can not be everywhere at once. North Korea also fired antiballistic missiles into the Pacific Ocean off Japan earlier this week. Geopolitics is awful at present.

Feb 20 26 Tullow documents confirm $100M in cash was redeemed off senior loan notes. Leaves another $170M in the accounts off disposals. Some may have been taxed.

50% of the Gabon sale monies was used to immediately reduce the revolving credit facility by $150M and was in the same RNS announcing completion of the $300M sale. This happened just 9 months ago. The outcome of the remainder is something that would be in say a 2025 annual report. Probably comes out soon.

Uganda pay out at $80 average annual sold price a barrel equates to $32.85M and helps drill a new production well.

JMAX as they pay off debt, a higher proportion of enterprise value goes on the share price. The extremely low PE rate given to Tullow becomes elevated and this helps to qualify to take on new debt to convert resource barrels into proven and deliver new drilling wells.

Https://www.tradingview.com/symbols/LUXSE-USG91237AB60/

Feels like a tree shake. Income going up every day. Buying into the unknown unknowns as to how or why someone else is selling it down to give lower prices.

Professional interview and I would not read anything negative in what the CEO has responded to. It is hard graft getting finance into production and it is work in progress. A key element in due diligence is identifying they have an experienced team to deliver what they promise.

If the share price does retreat further I see it as a buying opportunity and good entry for new investors to welcome on board. If it was not warrant holders it would be some outfit placing a macro inspired short interest instead. A time where every investor resilience gets tested and the key is us holders having patience along with some optimistic faith. Keeping some cash in the portfolio for pull backs is fire power and has its own useful position to play.

Strong support at 11.6p that was already retested and resistance at 14.3p area (long standing). It looks as if pressure is building to break resistance this Friday or Monday opening as we have a rising support line converging with the resistance.

Now at $73.14 a barrel and climbing every day. Likely to hit $75 by Friday.

Please stop the bickering and ruining the board for our readers.