London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
AK; haven't been looking at the lseHur so much recently, as there seems to be a lot of trader chaff here now. Saw your comment ref someone with a rockhopper agenda; imo those fields may never be developed unless a proper working relationship with Argentine is reached - and with poo quite probably remaining $60 +/- 15/bbl for the forseeable due to medium-term oversupply, i don't see the business-case being favourable for a site equivalent (whether-wise) to WoS.
Let's hope Hur have a good programme revision arising from the agm today.
"Are you saying that you get threatening emails from people with whom you have never had contact before, and that that is one of the reasons you think there is something terribly wrong happening?"
NO. (Re-reading, so must set things straight as this is a public BB )
'Threatening letter' came from someone with whom I had had previous correspondence.
'Threat' was to post earlier messages on Twitter.
Naturally I didn't respond, though ' publish and be damned' was tempting...
"You mis-spelled 'drunk' as 'drank.' "
No I f***in' didn't.
Go back to read your Coleridge.
Yes, Double - and it's pretty obvious whom my spat was with, even if you have filtered him.
He has, however, changed sides.
As it says in the Good Book,
'I tell you that in the same way there will be more rejoicing in heaven over one sinner who repents ...'
Thanks for sharing the poem.
I suppose that's where Orson Welles got his idea of Xanadu in Citizen Kane.
You mis-spelled 'drunk' as 'drank.'
But don't worry - I'm not reporting you to the Grammar Police.
In an earlier post, I wrote 'Behave yourself, man.'
My apologies. It was maybe a bit abrupt and impolite. It was written on my phone (never easy) and also enjoying 'lockdown' here having been eased a bit, which meant that I could have a beer, and also chat with people I haven't seen for a while, which is an enormously good way to get one's head straight again.
See that both you (marginally) and Longwait (particularly) have got into a bit of a tiff with a person or persons I've already 'filtered'.
Intersestingly, (without having unfiltered the green boxes). Rockhopper (RKH) gets more than one mention. A company beloved by a certan contributor to citrusfool.
"And all who heard should see them there
And all should cry Beware, Beware!
His flashing eyes, his floating hair !
For he on honey-dew hath fed,
And drank the milk of Paradise...."
' Cept sorry, it ain't me !
"Adoubleuk You are a star whether you know it or not sir, for many."
Yes, I'm aware of that. Because amongst one or two posters on this site, I reckon I've got a pretty good 'handle' on what the operations are about. Without any 'inside knowledge'. But I'm not the only one.
"One day everything will be work out and everybody will envy you."
Maybe one day everthing will 'work out', as you say. But 'envying' me? Don't be stupid. I wouldn't wish the life I've lived on my worst enemy, even if bits of it are fun.
Nothing new there, O2.
Kite Lake Capital Management (UK) LLP
Polygon Global Partners LLP
Running Shorts on HUR.
Check out the short tracker.
RT's previous reported comment in January 2020.
“We note the recent weakness in the company’s share price, and I can confirm that we are not aware of any subsurface, operational or commercial reasons that would have caused such decline”.
Seller still around? Is their a shorter?
(Is it linked to previous CFO leaving?)
BoD should comment tomorrow....
It looks like an issue of market Confidence??
When something is broken, fix it.....
So do an interview with Proactive and Vox after AGM.
Yes - I saw your earlier posts.
Every time I see your name, I think of El Al, the Israeli national airline.
Sorry, but I don't know what L2 means.
'even Aaog which is a cash shell company ‘with no cash’ saw 13% spike'
That should put paid to any idea that the pricing of HUR's shares has any logical basis.
Someone said that an investment in Bitcoin would have performed better.
Can someone please pass this invaluable information on to Richard Bernstein, Pelham Capital, Kerogen and anyone else who is interested in investing in undervalued assets?
Longwait , I mentioned this earlier today, I was on the L2 all day since the opening and I can assure you that countless blocks of £10K-£25K shares were bagged! The sp didn’t move today because I think we had an II selling & refilling the ASK @ 6.7-6.72 & on the other side shorters buying on the cheap to cover, if not then we should have seen a drop below 6.60. If the big buyers were not shorters covering then we have a new big player holding a position because the chunky buys never stopped.
FTSE is up, Brent almost $40 and all listed oilers have shown 5-10% recovery , even Aaog which is a cash shell company ‘with no cash’ saw 13% spike ha. anyway, I think we’ll see the sp moving shortly- tomorrow should be an interesting day !
'There is something terribly wrong happening. But it has nothing to do with the reservoir nor anything happening offshore
... And I'd really like to know why I get insulting and threatening personal emails relating to HUR from people who don't communicate on this LSE site, the evening before the SP plummets'
Are you saying that you get threatening emails from people with whom you have never had contact before, and that that is one of the reasons you think there is something terribly wrong happening?
Like you, I can't believe that HUR's share price performance can be adequately explained even by the recent oil sector collapse.
It's almost impossible to find another oil stock that has not joined in the rally that has accompanied the oil price recovery.
The only one I have been able to find so far is UKOG, which is still issuing shares in lieu of debt at lower and lower prices.
As I said before, HUR is being priced as if it were close to going bust.
It is still profitable, has cash roughly equivalent to its market capitalisation, and huge potential, yet its share price behaves as if Brent were at $10.
You are a star whether you know it or not sir, for many.
One day everything will be work out and everybody will envy you.
True research always win in the wrong run.
"We are a one trick pony"
Behave yourself, man.
What is the pony doing right now? (Figuratively.) Let's just look at the show.
An FPSO offshore WoS currently producing 10,000 bbl / day oil, or thereabouts, with another tied-in well shut in for the moment, not because it doesn't produce oil, but because the water-cut is giving overall 'instability' problems. Under investigation, and due to CV19 'problems' the entire system isn't operational to 'play with things' entirely, yet.
An adjacent field (GWA) which appears 'similar' (though through recent data not 'identical') on which oner well was tested at 9000 bbl/day, but which a government quango must be plugged and abandoned.
A field extention all the way up to 'Halifax', which certainly requires revisiting. But which will cost money.
Couple this with a disatrous and obviously deliberate trashing of the shareprice, which ipso facto reduces the company's Mcap, which reduces their chances of obtaining loans to progress the projects.
What I really want to know is why the CFO Alistair Stbie departed.
There is something terribly wrong happening. But it has nothing to do with the reservoir nor anything happening offshore.
Another thing I'd like to know. There was once a thread called 'MT Alert' posted on here, but it's been wiped. The poster who started it mentioned a nice new picture of the Aoka Mizu with a tanker doing offload. But not only can't I re-enter the thread, neither can I find the photo !
And I'd really like to know why I get insulting and threatening personal emails relating to HUR from people who don't communicate on this LSE site, the evening before the SP plummets....
Just had a beer myself and frightened myself half to deaf when my fat fingers pulled up the attached; thought it was part of Dr T's risk mitigation/opportunity presentation for tomorrow :)
Not only the beer, but the sun has got to your head....
For the first time in nearly three months I am sitting on a cafe terrace with a beer in front of me. Bliss. And reckon I may have figured out why Pelham have been selling.
You see, they are / were amajor shareholder. And as such, may have attended the AGM. But they're a paranoid bunch, and scared witless of this CV19 thing.
But now, having sold down, they won't get an invite.
Hmmm. Strong beer, this...
When you tested the water, I hope there was plenty of oil in it
Simples, doubts about the well/reservoir.
We are a one trick pony, our EPS has surprised with a couple of well/geo hitches unexpected by HUR's modelling. So there is nervousness that it could get worse, and the reservoir not perform as well as predicted, and/or not for as long as predicted.
I'm confident enuff to have tested the water again today, bcos whilst there is risk, if the glitches are overcome the upside is huge.
Like I said before, let the traders think about buys and sells and all the other stuff that they do but if you are a investor then DO your OWN RESEARCH and just buy below 7p as IMHO is a very good price for a company like HUR with so much potential.
Now this is what I strongly agree with. I'm sure we will get further updates tomorrow before or after AGM with usual RNS stating all the resolutions were passed. If super dog RKH can rocket then the least HUR can do short term is to touch the double digit back again just as a start.
RRE recently - in March - fell to 422p.
People were saying it was ridiculous, as the company had about £21 per share in cash.
Naturally, there were others, saying RRE shares were in fact worth only £4.22.
Today, 10 weeks later, they touched £13.
One day, HUR shares will treble again.
They are still making a lot money and there are over 100 million in the bank . How can this come to very low in share . Even pay off the borrow this year they are still making money. One well stopped but there are some more coming