RE: AGM30 May 2019 01:01
JP,
You've sent two posts, your first referring to an unfortunate stock market loss in another O&G share (sorry for you about that), and the second about the CEO of Hurricane.
Which I'll quote.
"He does strike me as a magician though, he sort of has a cocky wry smile I suppose as if to say "i told you so", not greasy just super competent and self assured."
No. not a 'magician'. No smoke and mirrors involved. Or at least, that's my personal opinion, so of course to be taken with as many pinches of salt you may wish.
However, I consider myself not just a pragmatist, but also (from decades spent as an oilfield professional at the 'sharp end') a resonably good judge of character, and also I've got the tech stuff fairly well nailed-down. Be it drilling, seismic, logging, logistics, the whole nine yards.
Now obviously there will be others here who'll instantly accuse me of 'bragging', but that's their problem, not mine.
There will be others who'll say I'm 'ramping the share', but the same remark applies.
Plus there's one little fact to back up my 'belief' in what Dr Trice and Hurricane Energy are doing. A little thing that some people like to play down, but is nevertheless factual. The biggest AIM-based O&G 'Exploration company' fundraise ever done, half a billion or so, which has financed an FPSO now moored WoS and beginning to produce oil.
I've just done a long drive, and it's cost me a couple of hundred of euros in diesel. But not half a billion. That's some rather serious money.
Someone somewhere believes in this thing succeeding, and has 'speculated' that it will.
Personally, as a smalltime PI I like to follow the lead of the 'big money'. It usually works.