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I think most investor's are more concerned about the fact that Hur as a share has been pegged for failure with little or no return to shareholders.
They will be and should be more concerned with that than what they think of me. The simple truth is that unless by some sheer miracle now the shares will be diluted to oblivion with the equivalent of over 39B shares if the court approve the plan.
39B shares at even 1p implies a market cap of £390M. Shareholders will also be left with just a 5% stake so it doesn't take a genius to figure out just how overvalued this is.
And a flying pig passing by? Your problem, Mebladder, is that forum has pegged you, Slittiboy & Transistor. So every post meets the law of diminishing return.
some hidden figures relish others loss and discomfort ,i doubt that if face to face that they would enthuse as much ,schaudenfraude is the name .
the joy at the dicomfort of others .
far far better to ignore them completely and block them ,ignorance is bliss
From where I'm looking sat on a lounger on a lovely hot beach with white sand in between my toes while writing this - yep life couldn't be any better for me ;))
Being employed in such a puerile job...
Says all about your quality of life, eh, MeBladder?
On the contrary Mr Dense I have all the time in the world watching this outfit gradually wind-down
MeBladder meramper- such poor effort - tiredness - you must be due a day off soon
Mcadder/Slift/RNS, why are you wasting your time here when you don't have shares? What do you want the shareholders to do and why? what is your benefit here.
It is clear that the current board wants us destroyed and many of us have sold what we can. I sold some at 2p and I was lucky I did that even at a loss. If this hits around 2, i may offload completely but at current SP, I loose all my money anyways so what do you want me to do?
Dense boy no more effort required other than to get the message that this is finished.
The company themselves are doing a pretty good job and putting a lot of effort in I see. They've definitely been busy behind the scenes!
Not at 5p then denseboy?
Must be truth in my ramblings after all then ;))
So convenient...send a series of bad rns, oil has vanished, build up end scenarios and then dilute to oblivion.
rns - lol. very amusing.
as i have said i can accept the geology however the thing is the bod actions since september have been questionable...now it may well have been genuine incompetence or.....
but you are right in the history of business there has never been any underhand dealings ever...everything is always as it seems and perfectly truthful
captain nonsense
Bladder boy ...don't be silly. Do try harder. or they'll sack you
There you go, Tranny me old china............you HAVE figured out it's a scam. Took you long enough. But should have kept your gob shut - they'll sack you now
Captain Sensible: Your persistence has paid off, the penny has just dropped, this is how they perpetrated the biggest oil field steal in weeks, done by the OCG (Organised Criminal Governance), this is how they pulled it off:
1: The old Chairman DC Rob Arnott was quietly replaced by Steve "Why me?" Mc T after disagreeing with the CEO about the contact.
2: The perched water affair; CEO claims its still billions of barrels and that the water is perched and will soon go away, ( memo to Chair: he's become a liability) Steve quickly throws CEO under the bus and puts Bev "Laboutin" Smith in the CEO role, never done the CEO role before, but the pay's good, and she understands what needs to be done ;-).
3: Bev does a quick Kitchen Sink RNS and claims its all much much smaller, were all fckd- the share price falls
4: They bring in Tony "The fracture" Maris to support the downgrade and charge ERCE (Every Resource Catastrophe Explained) to confirm Steve, Bev. and Tonys claim that its all gone folks.. shareprice drops.
5: In case there were doubters they bring in PWC (Pay, We'll Confirm) to state that in all reasonable circumstances the firm is about to go T its Up because of the debt owed to a mysterious group called The Bondholders
6: The sting: They agree to give 95% of the company to The Bondholders and also agree to pay them another $180mm (The bondholders are a loose collaboration controlled by Chinese state entities, HK based Private equity and other folks including, it's alleged, Dr Evil) - price falls further.
7: Troublesome legal issue: The law states a judge must review the details and agree it is indeed its about to go belly up. They ensure the right Judge is put on the case, who's really a secret love child of two of the Directors.
8: Judge agrees and the Bondholders claim the company.
9: Suddenly they discover that the contact has mysteriously deepened by 200m and its unexpectedly worth billions.
10: They sell it to Big Oil Mega Corp for $5bn.
11: Finale; Shot of the former Directors on a secret Island in S E Asia quaffing champagne, laughing loudly and plotting their next scheme..."West Newton"
There's a BBC Drama series in this you know Captain....thanks for putting me straight.
Because they found the oil water contact was actually more than 200m shallower that they thought it was (an unprecedented revision ) and so much of that oil was actually water...(unperched).. that’s why...
So denseman, by all means YOU keep it up because based on what you've said I'm expecting this to open up at 5p this morning.
And if it doesn't just like I expect it won't then we'll know who's talking out of their backside won't we ;))
At last Slackbladder - the penny droppeth with you - it's a scam, a fairy tale, a big con. And you aren't laughing at all - because your poison if failing. Do keep it up..
We're all losing our bladders here in laughter at you're denial of the cold hard facts senseman, you must have limitless money to burn!
So the presentation is fake, last Fridays RNS is fake and we're all making it up is basically what you're saying.
Perhaps you should ring Hurricane up tomorrow and tell them about the "fairy story" that's been put out there?
Then we'll wait for the HUGE RNS correction saying they got it wrong for the last 18 months and all is well. All because you rang them and told them that the whole thing is fiction!
I think a complete reality check is what is needed for tools like you senseman. Have you got any sense at all perhaps you should have called yourself nosense man lol
RNS,me old china. you're at it again, making out black is white and night is day.
there will be no financial shortfall. - it's a fairy story
do you, slifty boy and mcadder loose bladder live together?
mcadder..me old sausage - the problem you have is that the presentation document is a fairy tale....it's a con....a scam.
which begs the questions - are you are a fool taken in? or a deviant part of the scam?
Maestros,
"If this deal goes through shareholders will have enought left to buy a few pints to drown their sorrows GET OUT WHILE YOU STILL CAN."
You'd make a dam hopeless poker player. Personally, if I'm terribly behind and 'short stack', I'll fight like hell, not leave the table with just some short change, wondering what might have happened next. So long as one's taken the ( essential) precaution of ensuring one's got enough fuel in the tank to get home, it's better to arrive there flat broke and eat a bit of stale cheese from the fridge than buying a McDonalds on the road which one might not enjoy, feeling sick enough already.
Sold out last Friday and still here? I don't think Trice is the problem, it's Kerogen and HUR board in a corrupt collaboration.
Trading, buying these shares is suicide or a very big gamble.
If this deal goes through shareholders will have enought left to buy a few pints to drown their sorrows GET OUT WHILE YOU STILL CAN.
If it goes through I hope the wells water out and stakeholders get stung for ripping off long suffering shareholders.
https://www.hurricaneenergy.com/download_file/force/606/222
Here you go I've even attached a link to Hur's presentation which can be found on their website released on 30th April. It's in black and white! Not only will there be no money left over after the debt is paid there will be a big shortfall hence the £50M write down of debt needed....
"it has become apparent through the Company’s financial planning that, in all reasonable circumstances, the Company is unlikely to be in a position to repay its Convertible Bond at its final maturity in July 2022"
And that is in all 3 scenarios they will be way short
"Furthermore, the Company has engaged PwC to support the understanding of a number of wind-down and subsequent insolvency cases
including the “Wind-down” Case"
Hence why they are engaging with PwC at this stage! I think that's pretty clear...