Member Info for Tornadotony

Correct. Divi dodge versus divi hold day (or a bit of both).

Looks like a Belarus job. President rounding up people especially journalists. Investment turn off for some.

Jmax

For ages it was tracking in a band with other oil companies and now compressed by 4p. How low against book value is fair risk. 60% is where we are. In the past Tullow traded 1.2 times book $60 oil is now $270 M FCF on annual rate. $55 oil next year is $175M FCF. Unless you think oil stays on $45 a barrel forever than Tullow is 50% under valued.

Spot on Kingarthur. I am not trading the whipsaw.

$100 down. Only paper leverage does this. Money now moves into some depressed assets. Gold next rally in September imop.

I ticked recommend button for others to read it and thanks for sharing.

line not lie

https://www.marketscreener.com/SYNAIRGEN-PLC-4004905/charts/

I wonder if we have an ascending lie from 178 to 192 to 208.

Fiercely defended all day. Bloomberg had discussions 2- days ago vaccines versus treatments reducing mortality and morbidity of Cvd 19 and vaccines came out second place.

Kaeren

It all depends how efficient an organisation is in donig the peer review. The process I;

1. Find peer reviewers who will do it and available.
2. Peer reviewers return a no conflict of interest.
3. MHRA might also reviews or part of panel overseeing reviews peer appraisals received.
4. Others identified on panel to read through all the peer review comments. (Zoom meeting later).
5. Company sees individual peer reviews (Source not disclosed). Submits answers and questions. Provides amendments.
6. Panel examines all the evidence and communications.
7. Any agreed changes made.
8. Published as being peer reviewed.
Time taken depends on degree of consensus. (Mid-September maybe).

Very strong support still for market treatments for Covid-19. Not everyone buys the Putin Russia vaccine. If its to good to be true, well it just isn't.

Additional support lines are at 144p and 138p.

It is completely absurd to suggest an RI. The company is readjusting from a 78 PE rate to just 8 in 2 years and the longer term forecast is for the stock to be at £12 as a bottom area assuming oil remains quite low in price which is most unlikely when you think what might deliver future inflation. Debt is planned to fall $9B in the next 12 months. The most efficient area in the market place will be oil companies in 2021.

I thought it could get to 18p and perhaps Barrick reporting and a broker tip was the nudge to get it there.

Second support line is at 152p. Breach is on the buy bid at 157.2p.

4p or so to be bagged.

Forget test of resistance today. The previous support line tested was around 188p. expect a higher low, somewhere around 192p in the coming days. This is so normal to run down to support and up to resistance levels when there is no RNS out. Holders should not be worried about this at all. It will pick up a lot of buyer support and then go back to resistance and try and do a higher high. If it does so and the goes down to deliver another higher low that is bullish and be happy and relaxed with it.

The support package at $1 trillion and how its put together is likely to boost oil price and could maintain the dollar where it is against other currencies. We shall see for sure next week.

University of Colorado predicts record number of hurricanes season due to warmer Caribbean sea for August- November which is likely to disrupt production from time to time.

I would not rule out a $50 a barrel being hit for a few days late summer.

I noticed it could not get through 174p. I ended up selling half at 165p as to bank some profits. If it goes down to 130's I would certainly buy it back. The AAZ share should deliver its best production in Q4 from the underground source. I therefore believe it will retest 174p again near the end of the year or in January. Q3 production is expected to be low and was guided as such. The exploration results were vague. There does appear to be a rich silver and gold vein which was intersected by two drill holes, but we have only a depth measured but not the length between those two drills and we do not know how long that vein runs on both sides of those drilling targets. Without a detailed drill map that we could actually read it was really frustrating. I suspect the exploration effort has recovered all the gold and silver being mined out in 2020, but I am making crude estimates on likely grams per tonne found. I therefore say its probable that your investment is fairly safe for another year if you choose to hold and earn a divi better than a bank rate. I have put what I sold on AAZ into sylvanna platinum as I have yet to earn real monies on that one. Will this share go back to 150 or 135? Anything is possible if gold takes a restful drop, but whatever happens I think AAZ does go back up on earning fundamentals later on. Quite a few people are banking profits and hoping for second dippings and that has to be expected after a good run wen miners are overbought. As for the deal in Ireland, AAZ did well with it and I believe it could work out t be a worthwhile venture. It is low risk in my opinion and manageable within the company plan.

Tim

Dorothy took her time on the CEO decision and is probably standing behind our new CEO. I think he was brought in to deal with Kenya. There was no mention in the trading update, but they certainly have to deal with it on 9 September. They have a Kenya audit to go through which is mainly stalling on the government side. The issue with Kenya is the central government working out the arrangements with local government. Kenya has to get away from tribalism and agree a model of nationalism and a national identity that supports local communities in an equitable way and everybody agrees is fair. Tullow withdrawal brings this to head as it highlights weak national leadership where as Uganda are operating on a national local alliance in a more structured way. Kenya government needs to stop playing games and regard the audit as a double check on facts and support Tullow selling to a big major who will deliver the project to the benefit of Kenyans. We shall see if our CEO has the personal skills to do it and deliver a good outcome. The Suriname well drill talk was a dead cat thrown on the table hiding this major issue imop. The CEO and Chair Dorothy needs to use UK diplomatic sources in the discussions with Kenya government. Tullow is not ripping them off. Expecting Tullow to build massive infrastructure on overland pipelines is not something they can do as small debt loaded company. Operating off shore oilfields is the way they are going and I do think they need to start thinking like BP and Shell and become Tullow Energy or merge with an operation that is doing it.