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Wouldn’t a quick sidetrack of 7z higher up suffice and water injector then could be cancelled.
Sidetrack would cost a fraction of water injector
Anyone ?
C.A. obviously think that HUR has some market pleasing news to announce, should I, or shouldn't, I press the button.
HUR Valuation/Market Capitalisation is now so extremely undervalued that it simply makes absolutely zero sense, hence any positive updates will by default bring about a long overdue and truly massive positive re-rate here, and soon IMOO, DYOR.
Up she goes......
Whilst the buys load up at 2.455.......this should bounce up as the fill has been completed
I like this bit
Following discussions with other significant shareholders in Hurricane, the Fund expects that the board of Hurricane will shortly update market participants as to its decisions on the use of its available capital and its future works programme.
Interesting:
http://storage.googleapis.com/crystalamber-com.appspot.com/_downloads/monthly-net-asset-value-2020-10-19.pdf
With current circumstances i can see this making a play move closer to double figures in 12 months, if the forward plan can deliver good sentiment.
40p is a BIG ask....... I doubt that will come without something transformational at Lancaster, sadly with a 90% over estimation on resource investors are twice shy.
At these levels its good to average down but its all i matter of risk. Im not the worlds greatest investor, i made a big mistake when i was new to AIM and ended up over 90% down. Only got back in to the company 2 months ago (all be it over exposed) but took out some to a more comfortable level and im sitting green.
HUR will come good from these levels, fingers grossed the high averagers can do something similar. Lets focus on 5p, then 10p......which i think is a big big step. Buy when the bears are in the woods
Hear, hear!
Patient investors will IMO see HUR well in double figures here again fairly soon.
Hurricane.
Agree that HUR “ Forward Work Programme” RNS can drop anytime and when it does, also agree that it will be a game changer here, particularly, in the SP direction IMHO:
“ The Company is making good progress on a proposed work programme and will provide further updates when appropriate.”
I have been keeping a very close eye on this. I've got to agree with you Gino,
I have funds coming available and will be looking to buy in.
I know someone is holding from 40p will he see his cash back
Made a fair bit the first time round, didnt have the nuts to hold past 200%, but really cant believe how low this has got.
Put few K into it and i fully expect to see a +ve run in the next 12 months. Surely this has bottomed out.
Time will tell, best of luck guys and gals
give me 5p. SP and i am gone from this trash with 0loss or profit.. so horrible share.. liars ..
Planted
What's your point?
If you're right the SP will go up, if not it will go down
You seem to need to convince yourself it's going to go up. If you were confident you wouldn't need to do that...
Only thing is they cannot use stuff they already have as it’s not chrome, water injector requires this so everything has to be made from scratch.
Lucky you, im 68% loss, no option other than to watch it do.... well anything really, lost all enthusiasm and hope.
Live and learn yep , still learning... hoping for those LTH gains , hopefully in this lifetime.
“ Oil steadied as Saudi Arabia vowed that OPEC and its partners will do what’s necessary to balance the market“
“Market keeping close eye on stimulus talks in Washington”
https://www.bloomberg.com/news/articles/2020-10-18/oil-stable-as-stimulus-hopes-run-up-against-fresh-virus-surge
10 k a day , 5 k for hurricane
Zero value ?
Zero ?
Pumping 14500 barrels a day
20 million of that value tie back equipment Pre bought for Lincoln?
So 30 million for acreage and production at 14 k a day
Seems about right ?
Article from last week, and absolutely zero new information here which is based on on Rystad Energy research on "North SEA" production:
https://www.energyvoice.com/oilandgas/north-sea/272116/hurricane-energy-downgrade-dashes-hopes-uk-production-rystad/
That is not alot