View
Page
The shale producers raison d'etre is too subject to volatility in the price - sooner or later most will sink - you can't run a business on this scale with such capital requirements and long horizons on the basis of one factor (poo) being favourable now and again. The OPEC will ramp production up and down until no-one wants to finance shale anymore. TLW is a good bet for the patient investor able to play a long game imo due to quality proven assets in a low-cost prod.n environment. Yes, it has high debt levels but compared to its earnings they are manageable... my home loan is 20 years based on my net disposable income - TLW's only about 8 years... what's the problem??
Latest from the Community...
Latest from the Community...
Latest from the Community...
