Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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To clarify my position - WTF - Im cannot believe that im actually being lectured to by someone who has absolutely no idea whats going on with the whole HUR adventure and probably never has.
Now then to clarify my position - ; (semi-colon if thats ok by the headmaster) - Another Ejit :
Im not posting to make pals, I post because I want to project my opinion as accurately as possible on a message board, if some of you don't like it then thats just too bad, if the administrator doesn't like it then im history, who knows you may even say, you know what' old RED was bang on...
Red
"...how much of choke you have on the well's"
I couldn't possibly trust anyone who uses the aberrant apostrophe.
Sorry haven't had the opportunity to follow things today
Lamluvingit I note your remark "His first post told us about the fishing what was later confirmed completed successful"
I just wondered where/how the company confirmed the above.
And Red, you don't happen to have a pal in the Bluewater Aberdeen office do you?
Best not to answer that.
Good weekend one and all.
Sarcasm. I thought that was fairly obvious.
Perhaps I should explain that I'm 100% positive on HUR.
A good result at Lincoln (of which I am very hopeful) combined with the EPS continuing to perform at or above expectation, will absolutely underwrite the investment case for HUR.
Even if Warwick is a non runner, there is plenty enough oil at Lincoln for a FFD project with Spirit.
It's that simple.
If Lincoln doesn't come in then it's a longer, colder road but there is still enough value in GLA to underwrite the investment case in HUR.
I hope that clarifies my position.
GLA.
To put this one to bed. I have briefly met Moonlanding at the last three AGMs.
Whilst I'm sure the information was passed on in good faith, it turned out that Moonlanding was wrong in the conclusion he drew from the information he was privy to.
Unfortunately, that didn't help me, or anybody else that took his advice, on the day.
I hope the clarifies things for you.
GLA.
“You are trying very hard to gain some instant credibility on this board. Why is that ?”
Biff. Do you think that’s why Moonlanding mentioned your name when he said there was nothing to worry about on the last drill? To gain credibility?
You responded by thanking him for the information, saying you’d act accordingly and that you’d be in touch later.
All very strange.
Biffa - The 2nd Cargo was 420-430k, no more than this, im 100% sure of that fact, its difficult to be "absolutely accurate" as even a few hours could produce 9k barrels depending on how much of choke you have on the well's, so there is always a few thousand either way when working out the final cargo, thats why is aid between 420k & 430k for the 2nd cargo.
There has been negativity regarding my posts, it surprise me the level of apathy on this board, why does there have to be an ulterior motive when people post? Im in HUR as my sole investment, so there are no ulterior motives for me other than the reluctance of no RNS by the BOD. Stay positive and hopefully we will have good week with better news, have a nice weekend...
Redoctober,
You are trying very hard to gain some instant credibility on this board. Why is that ?
Your predictions on tanker off loads do not achieve this though.
The first off load confirmed by HUR at 350k and the second off load was all but confirmed by Amaja at 450k (and this figure seems to be widely accepted). It's highly likely the next off load will also be around the 450k mark as that would seem to be the packet size going forward.
So, predicting 1.23M barrels (10k either way on accuracy) is no big deal. The bottom line is that in all likelihood your prediction will be accurate but the fact of the matter is that anybody on here with half a brain and the inclination to do so could have made that prediction.
Can't wait to see what your "big post" is going to be when it finally arrives......the build up is killing me.
GLA.
JK - I rest my case...
JK!
Im obviously not as smart as you want me to be, however im not going to get my brief to proof read every post I make for grammar, spelling & very small unintentional errors, the bottom line is by Sunday we will have pumped 1,230.000 barrels of oil, if im 10k out in any direction I will sit my English & Arithmetic GCSE'S again........
Watch out for a poster with a disturbing number of aliases (Sentiment Rules, Armageddon etc.) who has been spamming other boards popping up on here in the guise of a clueless new investor or over eager bull. Not naming any names right now but one poster today might fit that bill.
All good points Red but in line with every other listed Corporate they would most likely uplift their guidance at the time of the next results presentation. I agree with you there is a massive disconnect between the actual cashflows coming out of HURR and current SP but can only assume that this disconnect will vanish once some sanity (and more volume) returns to markets and we get a positive announcement on Lincoln. Exciting times ahead.
At the recent presentation the HUR BOD's said that any significant depletion in oil rates at any time during the next three months would be reported as an RNS, this has not happened and subsequently we have had allegedly 350k, 320-330k & now a -WOW-450k.
During this time the SP has dropped from 64p to 39p, IMO - would it not therefore be prudent for the BOD to release a simple RNS of the above alleged offloads, this would certainly show some love and good PR to long term investors, perhaps there is a reason they don't want to release this information, arrogance or perhaps legally they cannot, im not sure, but we all need a Very big reassuring HUG! and very soon.
450k is certainly the most likely off load size but we will not actually know the figure until either HUR announce it, or our Dutch friend does some super sleuthing.
If it comes in at 450k (or above) then production rates have increased significantly over the last month, so HUR most be confident in the data to do this.
It would be nice if they made some form of announcement (even if it's just a tweet) but I won't hold my breath.
Levs seems very positive. Obviously very close to the action. Very kind to share it with the rest of us.
GLA.
There have been two so far.
The Amundsen Spirit is due at the Aoka Mizu tomorrow 0500. That would be the third takeoff.
Parcel size mooted at 450k which equates to >16k per day production since the last offload approx.
could someone please confirm - this is the third off take from the Am , yeah.
Am I correct in my understanding that the AM has offloaded ( 450,000 boo or whatever ) onto Petro atlantic ?? , and it is now on its way to Aberdeen to be sold , and another $2*,***,*** dollars are on their way into the HUR bank a/c. ???
This to be the third offload.
I am still surprised at HUR's reluctance to RNS their success.