OTCPK:TLSMF - Post by User
Comment by
shambano1on Jul 23, 2014 4:11pm
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Post# 22775247
RE:Hit 11.99
RE:Hit 11.99I know we call him hapless Hal, or maybe I just made that up not really sure but don't forget he inherited these problems and he put in measures to address them and clean them up, which I believe they are doing albeit a little too slow for this market to apprecaite and reward but never-the-less things are working pretty well so far in 2014.
they wrote off the kitchen sink in 2013, so things will get better.
q2 around the corner so if Repsol is going to make an offer they will have to do in the context of a good quarterly report especially and guideancve for the remainder of 2014 and 2015.
I hope we get some encouraging news from duvernay wells, and eagleford wells and columbia and Iraq.
I also concur a fair price is in the 15-17 range but 14-16 is equally as good for me.
and yes it's been a logn suffering investment but that shouldn't be the overriding reason to sell if things are just now starting to make free cashflow and more to come in 2015.
once north sea is clened up, they will live within their annual CF and still grow produciton 5-10% a year with the curretn array of plays.
Oh well, here's hoping it;s fair and quick and painless LOL. I'm long and biased so DYODD