Agreed! And yes HRT are in trouble and the BOD is split so if I can get an even lower price even better there is one thing you can always count on when it comes to small oil company's.. And that's the greed of other investors not wanting to be out of something that is going to drill again at least 1 more time. And I would put money on HRT issuing the bad RNS the SP falls around 55-60% and bounces quite fast as people realize they are drilling again and I reckon it will bounce back 15-20% by the week of the second spud of the second well. Also opened a short on CHAR at 20p when I sold out so time will tell hay my chips are placed and I'm just waiting now
so you keep saying. You have made your position clear. You have sold, you want HRT to find marmite so you can buy back in to justify your decision. Well, spartacus, atm chariot is not following HRT's trend which puts a smile on my face.
Ordinarily I would say you are probably going to be proved correct, however, HRT is a company in turmoil to say the least. Very little income and lots of expenses. Even if we were not expecting Wingat results HRT sp would tumble IMO. If Wingat was a known duster the sp of HRT would be much much lower would it not????
Were hit HIT! Investors are torpedoing HRT and she is going down fast, this is the oil world lady's and gents a STRIKE is always shouted from the rooftops as soon as the reservoir is encountered and following that the full logging results. Why would HRT let the share price fall of a cliff it's a BOD responsibility to protect the company's SP and create value so... Everything pointing to be not great. Along the lines of... Encouraged by reservoir at blah and been on target for the seismic blah blah gas was encountered at blah and logs confirm.. no significant hydrocarbons were encountered, well to plugged and abounds along the lines of company prides sure and rig to be moved to next site.
Then whoever is acting CEO will say something like we are disappointed that our first well out of 3 was not success but we are encouraged by that data gathered and look forward to updating investors with the spud of our second well in the coming weeks
Look forward to buying HRT sub 2 in the coming 3-4 days Best regards to all Spartan
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