Member Info for UINOIL

8ead, either way it's a positive indicator of momemtum in the right direction.

Either the levee 's broke or I've wet myself laughing at the shorters getting their pants pulled down.

There could be whispers the rbl rns is about to drop, long time since we've seen such positive price action.

Stockbuster, I'd like to say it was a calm, cool and calculated investment decision on my part but the truth is all discipline, reservation and common sense were chucked out of the window on this one.
This was definately not a Warren Buffett moment, more of a reckless compulsive gambling one.

I was equally loaded with tlw and eco.
Following the heavy oil fiasco and the impact of covid I sold all my eco holding late may early june at a massive loss.
I reinvested in tlw who had taken a similar hit and have since averaged down further amassing 410.000 shares.
My reasoning was as a subservient partner on orinduick and the fact tlw had more assets, tlw were the better recovery play.
These were desperate measures to save my arse in a unprecedented situation.
I suppose I could have turned my back on the oil sector at that point and headed for safer higher ground but one thing I was certain of was a oil recovery.
After some sleepless nights and soul searching I now believe we have turned the corner.
I have complete faith in Rahul and his team and applaud their efforts so far in turning this around against the odds.
I hope all us long suffering holders have some good fortune moving forward, we deserve a break.
gla.

One certainty is ii's will not commit to investing until the ink is dry on the rbl .
When all's said and done they are speculating with clients money and cannot afford to get it wrong.

We're due some good luck, it's about time something unfolded nice and tidy instead of unraveling.
gla.

We are where we are for a number of reasons, some self inflicted, some unforseen and some out of our control.
We've peppered our net with some spectacular own goals in recent times like jumping into bed with some toxic african partners, reintroducing a dividend when we didn't have a pot to p**s in and not least the oh we forgot to mention the oil was heavey fiasco.
A new man in the dugout now with his eye on the ball, good man management skills and a good communicator.
As for the other stuff expect the unexpected.

Take your point jmax but collectively the examples you raised and others are helping turn our ship around.

Odey will be pondering over there plan of action, they don't like uncertainty.
They like their ship heading for the rocks, full steam ahead.

Rest assured all Institutional Investors, be it hedge funds, pension funds or the large private investors all do their own due diligence and invest accordingly.
Odious Odey has his own agenda which I believe is becoming more at odds with the general consensus as tullow's recover unfolds.
Shorting this company is slowly going out of fashion.

I feel weird too, my piles are playing up.

I'd like to apologize for my earlier comment just in case I offended any fish.
gla.

Well!, I'm as frustrated as a blind nun in a fishmongers shop.
Many Tullow specific concerns laid to rest today, covid vaccine rollout gathering pace and oil recovery better than expected yet the sp hardly moves.
DEFINATELY SOMETHING FISHY GOING ON!.

We just have to trust Rahul and go along for the ride, no point trying to visulise the route forward.
These are unpresedented times with an ever evolving story line, hopefully with a happy ending for all.

Surely todays events warranted better sp action, granted ii's are probably waiting on rbl completion but any lingering doubts about the direction of the company have been dealt with.

Agreed but largely due to our undervalued status, hard to quantify value of idle assets but that value will slowly be realised.

Don't doubt for one minute that rahul and the team have forgiven or forgot that when we were treading water certain people were throwing us sand bags.
There is a random pattern developing for dropping rns's and long may it continue.

Don't think there will be a rush to turn on the taps just yet.
Production volume is not the imediate necessity until demand escalates.
Oil producers are focused on maximising profit now and recouping lost profits.

Any further delay of rbl or an unsatisfactory conclusion will surely be detrimental and will infuriate just about everybody.
Uplifting news is what is required to instil confidence and kick start the sp recovery, everything else seems to be falling into place.