Sadly only sulphur, water and hot air. Most of TLW's UKNS old fields are DECOM'd. |
Any old fields of Tullow contain Helium or Hydrogen? |
September has not been a good month for Brent crude! |
In the sense that oil reserves = production = (hopefully) free cash flow = debt repayment. |
xx "I'm beginning to wonder if the oil reserves will ultimately be sufficient to repay the debt and the presumably even more expensive debt that follows a potential refinancing." xx have you seen this before paying debt with oil reserves ? |
https://www.fxempire.com/forecasts/article/crude-oil-price-forecast-crude-oil-continues-to-see-overhead-pressure-1463121 |
TLW have always been successful in negotiating tax favourably! Countries in another phase of development are reluctant to kill the golden goose. Especially when they have only one! |
I think the share price will not change if it's negative as it's already holding this back. If it's positive and TLW have already said it will be, I think this will fly. Only my opinion DYOR |
Anybody care to hazard a guess as to what the imminent tax decision is likely to do the share price, positive and negative? |
You keep on wondering. Best to stick to facts. |
Well I've been extremely surprised by the resilience in the 2026 10.25% bonds in recent weeks. But they are starting to move lower, now trading at 94.5 as opposed to 97 in recent times. Not exactly flashing a red light, but absent of a rabbit out of the hat, I'm beginning to wonder if the oil reserves will ultimately be sufficient to repay the debt and the presumably even more expensive debt that follows a potential refinancing. |
Sqz recovering nicely Hbr about to recover Ith lagging and tlw !! |
SP struggling to get past 24p 😢 |
I phoned them up and they will go to the market and try and place the order for u |
Thanks guys , for the info. |
Mano300,
Lack of liquidity and/ or no sellers down here at todays Oil prices ? |
Why don’t you Try buying smaller amounts? |
Perhaps the 250k order prevented you getting yours filled but I imagine that you can get it if you called your broker. |
The obvious answer would be you don't have 60k :) |
Guys why can't you buy £60k worth of shares ? Does anyone know? |
SP moving up nicely |
Plans, plans plans. Still within guidance. |
Plan A: (Sell off some non-op assets for cash. Reinvest/Concentrate/Maximize operated Ghana.)
Plan A hasn't really worked, has it.
Plan B: (Capricorn Merger) abandoned.
It's Day 1,539 now. Where's the Plan C here?
Meanwhile Rome burns. share price plummets. And as a consequence the CEO will get more options than ever before due to the low share price at time of bonus awards. |
On a rolling forward 12 month basis, Stockopedia has a forward PE of 1.6X. Seems reasonable to me, given the uncertainty surrounding future eps estimates, for the Ghana arbitration case is a massive source of uncertainty whatever the company has to say about it.
There is nothing the company can say to change that except to summarise the judgement when it arrives. Director deals by a non-exec don't change that, no matter how large they are, I wonder? JMV. Long and loss-making position. |
According to eps this is on a Pe if 1 ? |