Member Info for Alavib

HUR are and will be in great position cash wise to pay off these leaches whom have had a massive 7.5% interest on their investments
Once these leaches are out of the way a great burden will be shifted from the company’s balance sheet, and the company can move forward with future projects such as getting well 7 back into production, commence a thorough and accurate resource check with an independent CPR, commence a programme of future drilling post the New CPR identification
CA are not daft they would not have put more money is a dead horse, they know the company due to deliberate attempts by previous BOD(of which two crooks still need to be rid of) is massively undervalued and even know and at this very moment with almost 1100 bpd of production and cash in the bank more than the MC the SP must be north of 20p at least
Remember when the basement fracturing was just an idea in DR T’s head we were valued between 35-40p before the unfortunate fund raise by the good Doc where he got a lot of institutional investors on board at 32p, with no production and no income
Now we have sold over 10 million Burrell of oil already and still producing with a 550k Burrell lifts every month and a half and we are valued at just over 70 million $!!!
This is the mentality of such reactionary market which does not see potential value in such a massive assets located in one of the world’s most prolific oil resource region
This will change and the markets will wake up
We just need to remain focused pay off the CB leaches and move the company forward and upward
GLA

PS- there is one possibility as to why do soon after the RNS of Sep 17 today’s RNS was put out, and that is to scare the remaining 67% CB holders whom did not take the 75% offer to thinking hell if the P6 is going to possibly dry up due to gas bubble surfacing then it may result in HUR not being able to pay the full amount come Jul 22!! As the company is still actively involved in purchasing the CB’s in open market
If so then maybe today’s RNS was actually had an intention and was directed at the 67% who did not take the offer
What does anyone else think, in the world of corporate finance all things possible

Once again the old remains members of the previous board are sticking their head above the parapet by issuing a totally unnecessary and least informative RNS,
What is not so clear here is that why the two new board members namely JW and DC have allowed this to be published
We all know how the two old crooks still hurting from not being successful in giving the company away, and I thought CA’s nominated two new board members were put in charge to keep these two under control, what is amazing is not not long ago they reported that the well #6 has averaged 11400 Burrell Per day but only in a matter of few weeks now the range is 8000-10,000 !!
JW as chair person needs to veto any unnecessary and useless RNS’s to stop the SP suffering in process
After all with so much cash in the bank 33% of CB’s paid for POO nearly at 80$ and possibility of a new resource CPR not far off, the company should be boasting about the positives and not to waste everyone’s time by butting out such useless and totally unnecessary RNS so close to previous day when SP was up 18%
I ask CA’s nominated NE’s to be more thorough in their control of the two old guys still left in charge
GLA

Well described, the previous BOD given their agenda was to report a massive reduction in resources
Hence the reason why they provided ECR with inaccurate data , and in process the new CPR produced based on that data was sure to provide massive write downs on potential resources
What is very strange is that why DR T did not despite the CPR produced by ECR as him of all people should sure have known that the née CPR was most inaccurate
Still all that is in the past but how the old BOD must feel now, when they managed to drag the SP to below 1P hoping that it could be given to the Ad hoc bunch of unknown people right under nose of the company’s true owners ie the shareholders
And today of all day it just shows how right we all were to stop that scam and throw out the scammers and instal a new more proactive and shareholders oriented BOD
The result the SP is up over 450% over those dark days and this is just the start
With clever CB offer saving us 22 million $ and POO in the north of 76$ is it any wonder that the markets are know realizing how wrong they were and how they fell for the hatched scam
Now soon we will be in double digit SP and from there on 40-45P as it is the least

Am I the only one here missing something?
The market currently have given NCYT a PE of just over 1.5, add the cash in hand of 1.2 leaves us with a PE of just over 0.3!!!
How on earth a biotech company of NCYT is rated on such stupid PE?
Is the dispute with HSCE that important that the market is giving this company such unheard of PE
And lookin at the FY result they company reported unbelievable numbers and yet here we are red day after red day
The dispute is something the company has to resolve one way or the other even to the point to write off 50% so that the matter is resolved and then we can concentrate on other potential growth areas
Such as US markets UNICEF 8 countries contracts
Export to other countries, the travel PCR tests which are huge on their own
It’s a mystery how this company is valued by this crazy market

CB buy back was a master stroke, which was put forward by a caring BOD and in process saved us 22 million $ , CA will continue with recovery of the 17 Million $ as we have insurance cover for that, not to mention personal liability concerning the previous BOD
CA would not have increased their holding to 25% if they like most of us thought the company is most under valued and once the deal is done with BW concerning AM and sorting out well 7 to come on lone producing and the PO scheduled to remain north of 70$ for longer term all point out to HUR being one of the most exciting recovery play in the energy sector
We all had some torrid times a while back but we believed in the project and despite many being under water by much we stuck together and the Judge saw our determination and ruled in our favor and stopped a biggest corporate scam there was
Now more than ever I feel the future is bright and in a year or two from now we would laugh at the current SP despite 20% rise today
GLA

It’s all very well to say GKP and KRG are well suited,
But in truth the LTH have lost a fortune with the consolidation after SP dropped from 2 pounds to pennies
I for one have lost over 38K in this scam, so despite 32 pounds divi and another 32 to come it will take many many years to even get part of that 38K loss
We were all done in this scam and nothing anyone can say can change that

Can anyone tell me why the spread on the SP is so damn stupid today
This has been since 11 am today
Is the SP suspended? As there is zero trades indicated today
Any one please

Very well said onthebeach
The SP at the moment is reflecting a bit shake out by the MM’s to try to get those who bought in 2P and below to cash in and move on
Leaving the SP need depending to break to new highs say 5-6 P range
Always remember CA most recently bought over 10% more which in itself should tell the LTH’s that there is more to come
The two new NE’s are well know seasoned. Oil men whom been there done it all and seeing all
I am sure these guys will arrange for better daily production as a first step to build the free cash pile before July next year so the company will not be de- stressed come that pay date
And in process will look to conduct a more true to firm resource analysis and a new CPR, which will show the market the company is massively under valued
All these efforts will take a bit of time and with a new BOD in place there will be more transparency and we will only get to know the real story
So do not pay much attention to the last three trading days where SP is being sold much more than bought
Those lucky enough to get in at 1-2 P are being given a chance by the MM’s to cash in and those with funds to load up
All will come good in 12-18 months time I am sure
GLA

You really have to hand it to the management of this company
They spent over 100 Million $ in Bahamas and ended up with a duster, they diluted diluted borrowed borrowed till cows come home and then left and gone to somewhere nobody had bothered to go for 600 boo per day maybe!!
They screwed the shareholders by their recent 20 for 1 new shares and even that had dropped by 33% since
Now they want to mortgage the small production which is yet to materialize for another pie in the sky fantasy
I think the best way is throw the shares in the bin and forget this ever existed
Talk of a dog
We should all have guessed when the partner they found 4 years ago walked away that we should all should have done the same as those people spent over a year going through all the data in the room and concluded there was no oil in deep water in Bahamas
What great mistake we all made

The single big mistake the CEO made was to sell millions more shares to some investors for a mere 2m£, that unnecessary placing which came out of the blue just about did the damage and we are now stuck at that placing price for months
The company has multi drilling going on but so far nothing substantial has been reported
If and when good drill results are reported the SP will languish where it is
The placing has made sure of that, as the market is not going to give this investors the chance to gain 40-50% gain and dump millions of shares no one is going to buy
The best thing is to put this share under the mattress for 18 months and then if good finds and decent JV’s are in place we might see 4-5p again
GLA

The rate of infection in UK is doubling each week
Today 28000 new cases were identified
This proves that self testing kits don’t really work
And we should go back to proper PCR testing
The government must now make a tough decision before opening the country on July 19 to forget about their poor investment in cheaper test kits and go back to proven technology of our PCR test kit
They cannot afford another spike like last April
That is why I am certain that our test kits will prove right once again and we will sort out our dispute and future is bright
So today’s rise is the first of many to come as our PE of 1.67 is a joke
We deserve a PE of more than 12 which is the norm for such companies
GLA

Well, when CA took out the case against the company’s restructuring plan, we should have known that they like the rest of us believed in real value of HUR and knew the previous BOD were trying to force a plan which made no sense at all
Now they have put their money where their mouth was by buying almost 10% of the company
I totally agree they now believe with dark days over the company has a bright future and they are worth investing in for medium to long term
With the new BOD in place, we can expect many more positive RNS’s to land unlike the previous regime
So congratulations to CA and all other holders whom put up a fight to stop the plan and now we can all look forward for better days to come
GLA

Interesting news on Liknedin
The Alliance marries Petrofac’s world class engineering, project delivery and operational expertise to Storegga’s project development capability".

Read more about our strategic Alliance with Storegga:
I advise anyone who has a stake in PFC to access this article on LinkedIn
GLA

Dear All
Now that the court of law has issued its verdict and stopped the company’s restructuring plan
And with the new Bod in place , we all need to take a step back and allow the new board time and space to carry out their duties
I am sure the new board will be much more shareholders oriented and we all will be kept in the loop better than before
So let us all to celebrate the current outcome and stay loyal and patient to see this company moving forward and getting to where they belong
The future is in my opinion is bright we have put the dark days behind us
gla

Sense man
Thank you, but it was thanks to all of us believers in Hurr whom put up a fight against injustice
But I am sure it was our emails to CA which kick the ball rolling , as it was CA which listened to us and took up the fight
Well many thanks to RB of CA whom had been in contact with me and I am sure many others to keep us informed about their intentions
And I am sure the judge was well persuaded by that email received by RB from BW about shorter extensions of the FPSO
That email was the master stroke which all but made up the judge’s mind
Well done RB we are so grateful to you and whole of CA

would like to thank Steven and the other non-executive directors for their contribution to the Board over their years of service, particularly during the recent challenging period for the Company - I have been very grateful for their counsel and support. I would also like to welcome David and John to Hurricane and look forward to working with them as we aim to maximise the value of our West of Shetland assets for the benefit of stakeholders."
What a joke here this so called CEO is talking about preserving shareholders interest!!
It was not so long ago him along with other dishonest directors were trying to steal the company
But today this guy has become a shareholders champion
What a turn, well done to all those whom fought so hard to get us where we are today
Back being the owners of this once and more so today a great company
We can only move up from here
GLA

Boldreceiver
People like you come two a penny, no one ever heard of you and then on the day the judge saw the scam the BOD were trying to pull off, you appear from nowhere claiming to be an expert (definition of an expert is a salesman 50km from hone)
Markets are better experts than you or I ever will be
Look at how the Share price is placed on the top of the blue board, this tells you all you need to know
No need for so called expert opinions from likes of you
The CPR was cooked by deception to show the resources so low
A new one which will be based on new drills will prove that very soon
Go back to your day job we don’t need experts like you here
We know much more and know how you could possibly be part of the BOD scam and seeing that all is gone and the shareholders having won, as the intelligent Judge saw the scam as it was and stopped it in its track , now come here claiming to be an expert in fracture basements
Look at likes BP She’ll etc big players being neighbors oh HUR!! This is all the expertise we need
GLA

Well said, if these inova test kits did in fact work and could detect the infection, then how on earth we now have over 11000 infections recorded and 19 death confirmed!!
FDA in US is a very established organization and very knowledgeable also, if they have identified the Inova test kits only good for the bins, they most certainly have done thorough examinations and would not have issues such damming report otherwise
The UK government as usual have been duped by the cheapness of these test kits, even though the experts had warned these test kits can only be administered by qualified personnel and that their accuracy at best of times if used by unqualified people is no more than 40%
And the result we are now seeing doubling of the new Indian variant all over UK, and soon the rest of EU will also suffer the same fate as the Brits are now allowed to travel once again and they will spread this everywhere
Whereas NCYT Established PCR test even though more expensive will detect the new variant at once and could help to prevent its rampant spreading
UK government in their haste to save money have spent billions on test kits which are only good for binning , our young people’s lives are now at risk cause the government made a massive error in placing orders for test kits which according to FDA is not suitable for sake in US
Is saving money is all this government cares about
One young life saved is worth more than billions saved
Time this so called government agents come clean and admit their massive mistakes and revert back to testing people with accurate PCR test kits as produced by NCYT

Cebo
Have you been sent any correspondence from CA?
I have, it’s a 36 page PDF which is their letter to the court
For obvious reasons I can’t copy of the contents of this letter but I am sure if you log on to their website you maybe able to access it
I can only tell you that is is very professionally prepared with solid arguments asking the judge to at least delay the ruling till Sept this year thus preventing the company to in case of getting approval from the court to issue additional share to the CB holders to the tune of 95% of the existing share capital and hence prevent the current shareholders ability to vote for the 7 resolutions proposed by CA on July 05
It says the crooks in charge deliberately delayed the EGM to July 05 so that if the scam was approved by the court they will immediately issue the billions of new shares to the CB holders so that the vote will go in their favor on July 05
We did not know this as the reason for July 05 date now we know
So please if you have not done so far go right ahead and send emails to court and let the court know about your objections to the scam, it is not too late as the case is not due for hearing till 1400 on Monday so the judge will have time to read as many as possible all pointing to one thing total objection to the scam
Please do not delay go ahead and send the court the emails