Tullow Oil Share Discussion Threads

[crossing_the_rubicon] 02/4/2020 09:48

@Smartie.

When two tribes come to war...

Mine will be the last voice you ever hear...

[sbb1x] 02/4/2020 09:38

Time will tell

[smartie6] 02/4/2020 09:33

“When you hear the air attack warning”, “na na”.
Sbb1x come on man.

[sbb1x] 02/4/2020 09:30

Saudi Arabia turning on the taps was like an act of war. When sanctions are put on a country that is also an act of war.

[smartie6] 02/4/2020 09:29

What. Advocating buying into bankruptcy? FFS.

[azalea] 02/4/2020 09:19

Sbbix
Who do you suggest is capable, let alone willing to bomb Saudi Arabia to pieces?

[sbb1x] 02/4/2020 09:15

If oil rises the whole stock market should rise, not just oil stocks.

[tidy 2] 02/4/2020 09:13

Trump said if putin and Saudi do not sort it out within 2 days then him and putin will move in on them and sort it for them.

[smartie6] 02/4/2020 09:12

Meeting cancelled?

[tidy 2] 02/4/2020 09:11

Saudi have no edge now as putin and trump are talking which was always Saudi strong arm as the one in the middle talking to both who wouldnt talk directly to each other. They do now and Saudi will be trumped.

[smartie6] 02/4/2020 09:01

Too political for me.

[smartie6] 02/4/2020 08:59

Drop it to 11p. Come on little fishies. Daddy has a big hook for you.

[smartie6] 02/4/2020 08:49

Keeping it low to pull in a few more mugs.
Come on Sbb1x 11p is cheap isn’t it?

[mcsean2164] 02/4/2020 08:48

Sbb1x/ tidy,

Oil price may help but without rbl, I wonder will Dorothy put the company into administration?

It's a disgrace, no market update concerning rbl and two days overdue according to Moody's.

[mcsean2164] 02/4/2020 08:46

I can't understand what museveni is trying to achieve, further impoverishment of his people? He has completely delayed an important oil development in order to get the worst price?

If tullow can't push the deal through in this environment....

[tidy 2] 02/4/2020 08:45

Trump in his update last night stated the oil issue will be sorted within daysPutin and trump in talks to control Saudi

[sbb1x] 02/4/2020 08:39

High of the day being paid 11.5p

[mcsean2164] 02/4/2020 08:36

six-monthly calculation of the borrowing base amount under the RBL is due to be finalised at the end of March 2020. The significant downside protection and certainty of future cash flows afforded by the group's hedge portfolio should help underpin the level of availability under its RBL facility. In line with its commodity hedging policy, 60% of 2020 sales revenue is hedged with a floor of $57/bbl and 40% of 2021 sales revenue is hedged with a floor of $53/bbl.

However, given the unprecedented market conditions currently prevailing in the oil markets, the risk has increased that the group may not be able to sufficiently progress any planned portfolio management activities, as a result of which its lenders may not approve the semi-annual RBL redetermination liquidity assessments or a potential covenant amendment if subsequently required. Therefore, Tullow pointed out that there is a material uncertainty that may cast significant doubt on its ability to operate as a going concern.

[smartie6] 02/4/2020 08:36

Trap being set.
They held it at 10.7p just to bring in the weak.

[mcsean2164] 02/4/2020 08:34

Funny that, it's not locked to view like most of the other stuff....

[topazfrenzy] 02/4/2020 08:32

Only the mad do not keep accumulating this share at this time

[sbb1x] 02/4/2020 08:20

American troops need to leave Saudi Arabia. The place needs to be bombed to pieces.America and Russia fall if oil doesn't rise.

[smartie6] 02/4/2020 07:55

PIs being locked in on the back of a share price fall is not a laughing matter Ammu.