The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Bartlebobton,
Sometimes one trick is enough- a pony that lays an egg for example
HOLD or BUY! This is a golden opportunity if you have the cash
Exactly. A load of confused folk not sure what to make of that RNS and sell . Right into their hands
They have achieved a win win arrangement and the last line of the whole thing speaks volumes. Concisely!
Bernstein wanted Stobie gone years ago and called for it prior to AGM a few years back ...
Or the other way round
MCB55 I agree. This could be shoddy reporting . I have tweeted Hurr this morning to ask for clarification. Doubt I’ll get a direct answer but I’d hope it will get this article accurate (if it’s not). I’ll be surprised and disappointed if the article is accurate
Fine. Touché. Nuff said. GLA!
They just changed the article . The power of LTH p.i’s on Twitter! ( with a little help from Hurrcomms)
https://twitter.com/EnergyVoiceNews/status/1229317962370289664
Hurr comms have already posted to say the article is wrong...
All that’s happened is an extension to the existing contract that was running up to September
The rig is already under contract and will be UNTIL October. Drilling likely before then. The article is misleading and incorrect
well I’m staggered that people can look at the information in the RNS’s and the numbers and decide that this is a dead duck! The oil is flowing and there is nothing this far to say it won’t continue
Can’t be a placing, can’t be down to water cut after Trice’s assurances that he knows no reasons for a decline, could be big boys reducing , more likely a manipulation for buyout
A low bid
Its Feb(horrid month for most of the Northern Hemisphere), China is shut, oil is out of fashion, lots of rumours of water, silly press articles , Hurr are changing direction for now (prudent move but market doesn't like it short term), shorters have taken advantage. In contrast, look a few weeks /month into the future and -It will be Spring, China will reopen and oil will rise, people will begin to realise oil is here for some time to come, Hurr is pumping 20kbpd with plans for more, CMD will reveal that water is non-issue, we will be drilling again and a possible stay of execution hooking up Lincoln . If a Low offer at 40-50p comes our way I will not be surprised as it would be great value, but it will need to be pretty soon because I cannot see how we will be here for much longer
Likely now. 40-45p
In my view( hindsight is a wonderful thing) The last 2 months the steady fall has all been because of the inside news that Lincoln was to be postponed because Spirit are dragging their feet . The news is out and it’s not that bad at all. This should be the point of inflection
This was nailed on . The big boys shorting this have had the inside track on Spirit/Lincoln and today’s news is the final act. Next week we rise