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Shinfalls,
"Must admit, the mention of Harbour Energy lurking in the background doesn’t sound too far-fetched at all. "
Hmm. Yes. Worth looking at the CV's of Harbour's BoD. Many with 'past' and involvement with either Shell or BP, or both. I find it weird that out of the the 12-person BoD, seven are listed as 'non-executive directors'. Which leads me to suspect that they might be representing third parties, instead.
I am really starting to hate this share but have to much in to want to sell on the cheap, about time this Bod got kicked out of their money draining over inflated salaries that we pay them for looking after our investments. CROOKS
Whilst share price is drifting downwards and money still needing to be accumulated for bond I don't think anyone will be paying more than 4-6p. This would be a fantastic return on current SP if it ever materialises. Otherwise it's hoping enough oil can be produced to pay off bond holders and raising of capital or further production for an appraisal well to be drilled 2023 in my view.
Well said Top Cat.
TopCat81 - Time for a vote of no confidence in the HUR BOD, starting with me!
It's a shame the Opinion Bar doesn't offer an 'In or Out' option to
TopCat81 - Time for a vote of no confidence in the HUR BOD, starting with me!
It's a shame the Opinion Bar doesn't offer an 'In or Out' option along side Buy or Sell, my post would carry an 'out' Opinion.
Sorry for the duel post, I hit the wrong button (probably due to frustration / exasperation with HUR Management).
Topcat,
"we deserve much better than this joke of a board now in place."
I believe that their only aim is a sellout at ten cents on the dollar to their buddies in Shell and BP, and possibly to 'shelve' the entire thing. It's scandalous.
another vote for ousting of the bod. I was willing to give them the benefit of the doubt until xmas. however when no plan was announced it was pretty obvious there was the real danger of missing the weather window that had been mentioned. they then missed this. now as we approach May We still await the "plan" and also funding.
there has been no interaction/interviews on/in any media that I have noticed. if they had wanted to destroy investor sentiment and SP they could not have done a better job. which begs the question what are they up to? clearly CA agree.