Member Info for Alavib

In their last RNS they never indicated that a dividend will not be paid

They indicated that a divi of between 2-3P will be paid in November

So I have no idea where you get this information that the company is thinking of cutting the Divi all together this year

The company still makes a lot of money and they are cash positive, so I very much doubt they would want to shoot themselves in the foot as by all account and according to professional analysts this company is massively undervalued

And the true value is somewhere north of 70p

No matter how hard the BOD of this company try to give a rosy outlook for future, the markets just don’t believe a word of it

All these value enhancing IPO’s have done is to push the SP to such ridiculous level that frankly it’s not worth even talking about where we are with SP

The company has to deliver a major and true metal discovery before the markets take us seriously again

And PJ with all his experience couldn’t make that happen and ultimately threw in the towel and gone

Need I say more

Over sol
This share is the most under valued Junior minor stock on AIM
When you think of that vendor last year whom sold big parcel of prospective mining land and took shares at over 14p ad part of majority of the payment one should know this guy is a seasoned mining expert in Western Australia and no way he would happily accept 2.5 million share at over 14p for his land
It is just a pity that the company’s news flow has been so poor and they have failed to update the market on recent drill results as one expects the test results must be out by now
Still I am a great believer in this company and I just topped up on such silly price

Hi all
Can anyone please tell me if there is UK tax deduction on cash Divi from NRR?
I hold 26000 shares and based on 3.3P Divi just paid I should received 858 pounds but HSBC invest direct has credited my account by 670 pounds
I am a non domicile UK citizen whom pays tax in my country of residence in EU I am no longer UK tax registered so why then my Divi is deducted
Any advise will be much appreciated

For the CEO to blame the PI’s for the reason for low share price is just typical of a man who tried to steal this company for under a penny but with the huge efforts of the PI’s and a sensible judge his plan was smashed,
The share price is where it is cause the markets know CA will have to liquidate their near 30% holding by end of 2023, and the market is keeping the SP low hoping some other North Sea player will come in with an offer which by all accounts will not be much and certainly not more than 15p
So it suits the market to keep the price below 8p to see who will come in first and what will they offer
Knowing CA with their 30% stake will have a say to any offer
So please Mr CEO we know who you are and what you tried to do to us PI’s and we also know what you think of PI’s as you see them the reason why you and your gang on previous BOD could not succeed in stealing this company
IMHO I think the SP will not move much until an offer with a 40-60% premium comes in and the players out there know all they have to do wait another year where HUR will have more money in the kitty and CA will have to sell
Then a low offer of 13-15 p will come and CA will have no choice but to accept it
So put these Shares under your mattress and take them towards the end of 2023 and see
GLA

I bought the Shares in this company cause of generous divi, and last thing we needed was to say they wished they would pay 5P this year only to say well sorry we can’t cause our Malaysian investors will lose money cause of their country tax changes
This is a company with many nations invested in
So to hold everyone hostage cause otherwise the Malaysian investors may get upset is nothing short of typical scam
As I said they can declare the divi pay to everyone else who is not Malaysian and hold the monies for those who are on account till their tax issues are resolved
I got so fed up for lack of news on divi that yesterday I paid myself the 5P profit on 20000 share I had bought 4 months ago at 28.5 sold at 34 and bought Abdn at 162 which pay over 9% divi I suggest everyone to take a look at this option if you are in profit

The short answer is no I did not, I just thought maybe other shareholders may have some news on Divi
I know last year the divi was paid at the end of July but this year we past this date and all we got in the update in full year result was they can’t declare what they wish to pay cause of some Malaysian investors having some tax changes which will affect any foreign earnings
But I find this very strange why should the other holders be held hostage to some Malaysian investors tax problems in their country
This is just an excuse to hold the cash on account where in Kazakhstan they can earn 15% interest on monies put in deposit account
So the whole thing is a scam
DYOR

Hi all
Can anyone tell me what is happening with the divi payment for this Share, I had heard a rumor of 3.5p
I know the company had previously stated that they wished to pay 5P, but came up with that unheard of story saying their Malaysian investors have some tax changes in their country so the divi is held till that problem is resolved
What is that got to do with the price of bread!!why can’t the company pay the divi to others who have no tax issues in their countries and hold the Malaysian divi on hold till they have resolved their tax
Any news as to why the company had not issued any update on divi payment will be much appreciated

Granted that CA will not be dumping shares in the open market and will by all means try to place their holdings with other II’s
But given that we are still only a one well producer and no forward planning forthcoming from our hopeless BOD no Ii will be willing to pay a premium on the current valuation
Ii’s are forward thinking organizations and unless they see a clear strategy from our static BOD which shows there will be future value in the company they would be very hesitant to part with any funds for such a huge stake in this company
So I agree the clear strategy as to where HUR will go in 5-7 years from now is a must if CA can convince the other Ii’s to put funds in for their 29% stake
So we all have been very patient so far and now have no option but to remain so and see when if at all this BOD will finally tell the markets where HUR are going with all that cash and more coming in months ahead
This will need even more patient as we are all under water with this share and have no other option except hope and pray
DYOR

It’s nice to have Mr Bernstein having the decency to reply to personal emails
Much to be appreciated
However CA is a major shareholder in the company with something like 29% so with such major holding CA and Mr Bernstein are far more near to what is going on within HR BOD than any of us small holders
CA have installed two NEDs on to the board ad one assumes that these guys are there to protect the shareholders interest CA included
One of the main reasons the SP is being held back despite so many positives recently is that CA will have wrap up by end of next year which means they need to find buyers for their 29% stake so this by all account is a big overhang on the SP
So if anyone needs to be more upfront beside our none trustworthy BOD is CA as they should let the market know what is their strategy regarding their HUR shareholding as non of PI’s know this either
The SP given the cash position and more to come with each lift should be north of 20p at least so we should ask why is the SP is being held back at its current level and me personally think it’s the CA overhang
DYOR

CRS
It is no wonder the HUR shares are held down despite POO going past 120$
Now the market knows there is a big seller in CRS holding over 28% of the shares
CRS had already announced that they will wind down and are looking to cash whatever investment holding they have which inter Alia included a large stake in HUR
So it is imperative that the current main players on the board are voted out in the upcoming AGM as we all know their background and what they tried to do to us shareholders
So I have no idea what CA have in mind about their large holding in HUR as they only have over a year to get rid of this holding and the buyers know all they have to do is wait a bit longer and pick up over 28% of soon to be debt free and cash generative oil and gas company well below it’s true value

Hut’s fair value on production alone is at least 20P per share, add to that the assets and huge tax losses you come up to at least north of 30P
Yet this market is giving the HUR share price of just over 8P!!!
And dropping the SP by over 8% on windfall tax when this will not apply to HuR
So any. Take over must pay north of 30p a share
GLA

I would not rush to fill my boots up with BUR shares as today we touched sub 6 pounds and the trend is still to go lower
Like one punter had said today all markets have lost confidence in this company as all those cheap talks by CB about a billion dollars earning bala bala bala have been found out by this intelligent market
Today most FT 350 shares are up but Bur is down even more! Do you know why? Simple no market believes in YTS nor do they believe in the business model generating anything like CB predicts so down we go I was lucky I got rid of half my holding at 850 with Hansom profit I only wish I got rid of all at that price

If, and it is a very big if, management’s prediction is anywhere near correct and the company will generate 6 billion in the next three years, then that is the potential earnings, so if your argument is correct and the share price is a multiple of potential earnings then the SP should be north of 15 pounds not 6.70 as is today
Markets unlike you don’t believe the management and until such time these so called potential cash returns are actually earned and on the book, they are nothing but cheap talk
SP was over 8.50 no so long ago, and CB came on and predicted that based on so called company business model there should be over a billion in case winning returns and over 400million in other management fees
And what did market do dropped the price by almost 2 pounds!!
So whether or not this in your view is not a constructive post, it’s your opinion and you are perfectly entitled to your opinion
But facts are facts and all you need to know is look at today’s SP
GLA

Markets are not always correct in valuations of companies some they get right but most they get wrong, however in the case of BUR I think the markets on both sides of the pond have got it fairly spot on in valuation of this company
It has been over two years since MW debacle and what have we got more jam for tomorrow time and again
So we can all blame the pandemic for court delays etc, we can blame Argentine for delays in Paterson case but we can’t go on just blaming for this and that
The company must show some visibility into where their profits are going to come from, as until now all we hear is potential earnings but year after years these so called potentials just don’t show up in the accounts
We should all remember that the share price is a multiply of the actual earning not potential earnings
It’s time BUR to be more upfront with their useless predictions about potential earnings and just report what is actually earned and what is the net profits
Anything else is just jam

Does anyone know why HSBC invest direct are only quoting POLY’s for sell and not quoting any buy price?
They did this wit EUA also I find it very strange and how anyone can resolve it?

We shall all remember that our debt to CB’s is only 78 million $, this is already in the bank and fully covered and we still have three months of income to come
6 months ago if anyone had said POO will be over 100$ we would have told them to seek medical help
But this had happened and last cargo was sold at 116$ pp so HUR will be a cash positive company with no debts and if we can get some decent CEO he can then set about to unlock the HRS’s other potentials we have plenty of oil locked in the basin just need some forward investment and good management to unlock it

With over 13 mining projects on the go this is not a single drill company
We only need one or two of these projects to hit the jackpot and we will be massively re rated
This share on such potential should be north of 10P

Who ever listened to what fools tells , we all should know if fools says buy you sell if they say sell you buy
The company is about to turn around and I am sure they will not cut the divi from what it is as they already have from 21p
So they are very much mindful of no further cuts as a lot of companies pension funds are invested in this share cause of good Divi

Me too received the same email, but I am still baffled as to why DW and DK did not stop that useless RNS to be published which as can be seen today cause the SP to drop from 4.5P to 3.5 in just three trading days
And even if the production is now expected to be around 10000 Burrell per day with POO almost at 80$ this would have covered the 1100 bpd shortfall, which I believe is not really a shortfall at all as in September 17 we were production over 11300bpd
So no way in mater of two weeks there will be that much shortfall
The last two remaining crooks can’t be left in charge as they had previously proved beyond doubt that they were the most dishonest pair in the Old BOD and now with the threat of the legal action against them they are the least suitable people still in charge
I am Sure CA must have had a reason keeping them there, what that reason ? We will know soon
In the meantime the company must try to stop this daily slide in the SP which is by no way is justified
GlA