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There have been some OK news over past few months but they way management has stated RNS its left the company in a poor light especially in view of RNS 18th December warning of company being wound up when next they talk about drilling in 2022 or even 2023!

Great prospects but **** poor management is the name of the game and why I got out. Even so I really do see a positive future for Hurrican investors who have invested at these levels and LTHs who have stuck by the company. They have got to get one RNS right even if its by mistake and hopefully it will be the long awaited CPR. If they don't get this right I cannot see a future for Hurrican as existing well cannot produce forever but on the plus side there is always Lincoln to go back to if all else fails but once again will be limited in respects to income growth. Reserves and prospect targets need to be identified for a positive outlook otherwise current share price is about right when you take into account bond repayment. Good luck and I hope I'm forced to buy back in after a positive CPR with other financials and drilling programme sorted.

Looks like they originally put a plan together on back of a fag paper and expected it to work. Doesn't look like much research has been undertaken on the first plan so looking forward to sitting down and reading the new plan to check fundamentals. Is it the case management are looking for another pay cheque off the new plan or has new mine management drawn up worth something. Price of metals will help over next few years so looking forward to reviewing. On first glance first thing I saw, 'The cashflow forecasts provide very strong underwriting for further debt investment, if required in the future, focused on further drilling and capacity upgrades.' Furture debt investment fair enough but considering track record is this just another red light. Management has a lot to prove before IIs take this company seriously.

A lot of my apps not working either. Not on Samsung but android. Hopefully the quality posts on this thread will continue. It makes a nice change from a lot of BB.

djryan market valuation is only 37m currently. At 1.25 we only get to approx. 125-130m an absolute steal at current copper price and forward plans in place when we are looking at end of 2022.
Of course the previous debt - equity holders are a major factor but if BoD can show progress I expect they can be brought on board if they see a greater return in long run. The price of copper has transformed this company and I cannot see a major sustained drop (fingers crossed) in view of demand for copper even if the world enters a recession in view of move away from fossil fuels.
Saying that are people going to turn away a 360% return for prospective 500% plus return?

I think any takeover bid would likely to be rejected at current market valuation multiple but this could change in a years time when Rambler will be a producer and there is a more realistic share price reflecting company fundamentals.

Looks to be looking to do collaborative work rather than take overs! A take over is always on the cards but not in shareholders interests in my view and Rambler has assets in place. Its looking good

Rather keep away from rumour and look at actuals. A buy out currently would undervalue the company in view of forward plans. Provided Rambler can hit production and put in place Mill in the next couple of years I can SP being far greater than any takeover price proposed now. People need patience with a share like this. These opportunities do not come often with capital in place, forward plan being executed and copper prices at a high.

Hurricanes attitude for one of its largest investors sums up their attitude. 'Engaging with stakeholders' and then ignoring them is pretty damning. I sold out the other day but was thinking about buying back if opportunity presented itself at a reasonable price. I very much doubt I will unless Hurricane changes its attitude to investors and stops treating them with contempt. Looks like the BoD needs to be changed.

I don't disagree. It's a sad state of affairs. Was a speculative punt and I got out today. Only saving grace for Hurr is POO. Only reason I was able to sell for something in my view.

Bod have done a poor job in respect to RNS releases. The new CEO may be doing a good job in protecting shareholders value but press releases leave little to be desired and does not show much faith in future drilling success. The news of stakeholders not supporting the next drilling programme shows there is significant risk as a compromise could not be reached. I still see Hurrican has a future but it is not the multiples I was expecting in respect to risk/reward. Hopefully the reserves update will show a better position and worth me taking a speculative gamble for future success.

Considering RNS Hurricane will not be undertaking any positive drilling activity for next year or potentially two. For me it's time to move on and look back on a years time. Hopefully positive reserves update but not going to give me the drilling programme I was hoping with dilution. Good share for future and for LTH their is potential light at the end of the long tunnel.

Bondholders are looking for their money back and with POO currently they can see this happening. They were not able to get the number of shares they wanted due to POO increasing and therefore unable to hold gun to BoD head for equity for for bond swap.

HURR now looking to build up cash with POO to pay off bondholders and then commit to drliing next year.

I was expecting a significant dilution in shares but longer term now looking OK. Shareholders are not going to be wiped out.

It's more than possible one of the larger share holders are selling a significant amount. This could be keeping price down while it is executed. On the plus side once its completed should see a significant increase in price going forward. Just my thoughts and not backed up by any facts.

Increasing investment has been timed well with increasing price of copper. With additional monies raised will probably look to accelerate mine maintenance work to get back to 2019 production levels as well as employing contractors for increasing production. Some good hires and strengthening of governance team which hopefully ensure money raised is used in most efficient manner as well as targeting the most productive areas of the mine following the pumping of water from lower levels of mine. I can see a significant increase in short term SP in view of positive headwinds. Longer term an increase in SP suggested by many if these level of copper prices are sustained and I see no reason why not in view of lack of supply. The October report forward projections probably need to be doubled and possibly more based upon lack of supply of copper!

The current POO changes things positively for HUR not only at Lancaster but also Lincoln where there has been successful commercial discovery. Spirit Energy is in the position to sold but at current POO even they will be looking at these reserves as currently their production is declining. Hurricane will also be looking at positive outlook on POO which opens up a lot more opportunity. I expect the well is supposed to be plugged but will this be reviewed going forward... I would still say yes but longer mid term this could be under review.

Seeing a good correction in share price looking forward to positive news. There was a big drop in share price following previous RNS on possible dilution (which was to be expected at that time with POO) and potential of company been run until reserves exhausted. With current POO this is very very unlikely and side track is looking more and more positive with fundamentals supporting HUR. With reserves update due in next month and half looking very positive from my view point.

The attraction of no debt here was a significant reason for investing as well as the forward plan.

Yes been keeping a view on Hurrican for a long time. Real risky share with bonds payable in 20022 so a lot of risk but plenty of reward if your willing to lose your money. My average is low even though I'm making a loss at the moment so not too concerned as with a small increase will be in profit. Anyway that's going a bit off topic for here.

y11-shx, they are producing from Lancaster and Lincoln well likely to be plugged as per half year RNS. Lancaster production is going well. Hopefully reserves to be revised upwards by end of 1st quarter and therefore prolonging the life of the well with further works for a few years.