Tullow Oil Share Discussion Threads

[sbb1x] 09/3/2020 09:26

Shorters to close at this price and mr 12% to double up!

[w1ndjammer] 09/3/2020 09:25

managed to buy at 12.5 expect OPEC to get back round the table before end of March

until then TLW will use their hedges....

WJ.

[volsung] 09/3/2020 09:25

For some, gloating is the only joy they have in life

[cashandcard] 09/3/2020 09:25

Whites,


That maybe, but are there any covenant triggers linked to oil price?



Cash

[whites123] 09/3/2020 09:24

ICAC9 Mar '20 - 09:17 - 42628 of 42630
0 0 0
Next stage is TLW will raise money from share holders at huge discount price to stay alive pending when coronavirus disappear.. huge punt even at this current level.

No reason at all for TLW to raise cash.
Majority of 2020 production hedged at >$57
No near term debt due.
$1 Billion headroom.
Coronavirus will disappear as quick as Ebola did.

But for the time being you who have no interest in the stock other than enjoying gloating because people are losing money on paper.
Strange kind of people: Why not go have a laugh at people in the cancer wards for your kicks?

Pension funds... (Real people) will be losing all they have worked for in life.
Suicide rate will rise massively, yet you laugh and gloat... Amazing.

[whites123] 09/3/2020 09:20

Justthemoney...

Stupid boy.... LOL...

The ability for a company to continue to operate is dependent upon liquidity, not equity.

And TLW can service its due debts with relative ease.
Certainly as majority of 2020 production is hedged at > $57
But thanks for the laugh anyway.

TLW will generate many 100% returns for those lucky enough to be able to buy.

[topazfrenzy] 09/3/2020 09:18

Managed to grab some finally in the 12s

Will get more if it goes down further

[icac] 09/3/2020 09:17

Next stage is TLW will raise money from share holders at huge discount price to stay alive pending when coronavirus disappear.. huge punt even at this current level.

[sbb1x] 09/3/2020 09:16

Today is a buying day.10- 20 bagger from her over next 2 years

[hoper2] 09/3/2020 09:08

justthemoney - where on earth did you get that from?

[volsung] 09/3/2020 09:08

Volatility will wipe all traders

[sparky333] 09/3/2020 09:08

Afren part 2 Gold and utilities in times like this

[icac] 09/3/2020 09:06

Market cap - total debt - current supply and demand for oil make this company a stay away company... anyone adding more or averaging down will lose everything..

[justthemoney] 09/3/2020 08:59

assets - debt = equity
when it goes negative, shares are not allowed to trade at any price and company goes into admin.

[loafofbread] 09/3/2020 08:54

Almost half this years production is hedged at $56.

[daniel levi bmd] 09/3/2020 08:51

FYI

The 'Bushmills Vampire' is Dead! Ascent Resources Post Corona. Buy!

Dan
x

[blueball] 09/3/2020 08:51

Sadly I can see these @3p soon.

[topazfrenzy] 09/3/2020 08:48

Shorters will be totally decimated before the day is out .... lol

[waikenchan] 09/3/2020 08:46

Goodbye tullow oil. Going to be diffulict for the junior oil companies to survive, especially with no other form of cash flow, ie downstream activities. Good luck refinancing its debt at reasonable rates in these rates......

[sentimentrules] 09/3/2020 08:38

Canadian buy some vasolineeeee

[the canadian mounted] 09/3/2020 08:37

You bloody numpties I’ve just made a stack
And you losers....lose

[volsung] 09/3/2020 08:36

Shorters and longs will be toast. Volstility will wipe traders out

[topazfrenzy] 09/3/2020 08:35

Shorters are gonna be burned alive, takeover bid on they way this week