Member Info for Albi1

Interesting no DPS update on the NO since am this morning. For all we know she's loaded and back off. Anyone have a subscription to MT that tells us more?

Jiffybag
Naturally my eyes were drawn to the millions! I really must curb my optimism.

Yes, anyone with Level 2 able to confirm the £1.1 million 'buy' at end of trading today?

I think we're in save hands with this geologist, they're not wasting time and one positive update after another.

Looks like it and don't forget the lasses! I'm holding fire till we stabilise higher - don't have spare cash to invest at the moment - very annoyingly!

ADouble, Buyinmay
Maybe you're overlooking the therapeutic value of PowerPoint, I'm sure arranging data in tables can be very comforting at times like this!
Rereading the H1 Interim Report today, Hurricane have done everything they said they would and are working 365 days of the year / 24/7 to achieve their goals. A small figure to quote 2.8 million barrels of oil expected to be sold in oil in 2019. That's £129.2 million, converted from USD 168 million - or thereabouts allowing for varied exchange rates over the year. I'm ignoring the SP and focusing on the numbers that matter long term.

Jiffybag
No idea as to DSPP's credentials other than I vaguely recall something about working in this field in his day job and possibly for BP? I can't be bothered to read through every previous post again right now to be honest.
Just saying, main point, - the MM's are the ones who have orchestrated this from the get go a long time ago. Don't ask me how, but it's the only rational explanation that makes sense to me. They will have a clear picture of various factors that can be played to their advantage to drive SP or ride SP down at certain points in time that we simply don't. I personally think DSPP has just been used as part of that, probably quite unwittingly. Entirely my own view, yes, but prefer to look it at that way for the moment.

DiveCentre
Obviously the ensuring 'gossip and speculation' can be attributed to DSPP's posts but he may be as mortified as any one of us if our posts were used in that way. Just saying -benefit of the doubt until proven (underlined) otherwise. I don't agree with anything he's posted because it simply doesn't align with operational updates and presentations from Hurricane and, as I said a while back, is not based on the complete picture - or dataset - as others have said here today.
I suspect his motives are not to bring the SP down but other motives which are more personal in nature, either to appear as an authority in this area or otherwise, but that's assumption on my part, nothing more.
At the end of the day I genuinely believe the SP today is no surprise at all to certain folks in the City who have played this long. I note as IJWT reposted a day or so ago, Morgan Stanley quoted 25p bear case. Mmmm - and look where we are. Funnily enough! I've seen posters who clearly short post this will hit 10p. Well, if it breaks 24p it may do just that. I'm not discouraged by that as equally bull case could see us above £2 or £3 at some point in the future based on Lincoln/Lancaster and I don't forget Halifax!

Personally, having reread DSPP's posts I find it hard to believe he is trying to discredit Hurricane. I would prefer to believe he is genuinely trying to make sensible appraisals of the current situation. 1) He claims to be a LTH, 2) the consistent style and response - appears analytical, methodical and fair in approach.
It is more likely others have used DSPP's posts to their own ends. Anyway, that's what I'd prefer to think based on what I've read.

Oaber, do you live in Australia?
Very happy for folk re. rainfall in NSW, though, of course, the next concern is flooding. Hope somehow enough of the wet stuff hits the areas needed. It's been incredibly painful seeing the destruction over there from the UK, can't imagine what people have been going through.

Daltry
Good to know I'm not alone in my thinking. Agree filter noise and hold to fundamentals!

MCB55

"I think that a drill plan/operational update will be forthcoming in the next 2 weeks."

Sounds specific, what leads you to think within 2 weeks?

I still hold the view, with the benefit of hindsight, that the SP has been subject to a long term play by MMs. This is AIM, after all. At the same time, regardless, it has nothing to do with the fundamentals of the operation which is what makes it all the more frustrating for holders here. It's sickening to see how many PIs have sold and crystallised unnecessary losses when, given the fundamentals, it is only a matter of time before the SP hits whatever target the MMs wanted to acheive and then starts its rise (however long that takes). My average was 45p, sold 50% of my holding earlier in the year to diversify and recently topped up in the early 30's. On the upside, although it doesn't feel like it right now, waiting for this to go as low as it will then it becomes an excellent entry point.
I still believe there were ways the company could have communicated something positive by way of general reassurance to investors at this critical stage, however what is done is done and the MMs would, as others have said, carried on regardless of what was said.
I honestly thought we'd be at £1 as a minimum by March this year if not earlier but have adjusted my expectations to hold tight for a few more years to see this realise potential. Can only tune out the 'noise' and rely on the balance sheet and future presentations / RNS updates as to progress. I'm certainly not giving MMs a penny!

jointhedots
most sensible post I've read in months!

NewKOTB
Serica are doing very well so congratulations to holders there as understand you're about to receive dividends. One day, we might be posting the same about Hurricane ...

Noosking,
Sensible and fair comments. As to Kerogen? Who knows with this share. A rise, at some point, is all I've got. Signing out as feeling not at all pleased at the moment and don't want to spiral into BB rage!

Tiggerman - offload due next week around 25th. Weather conditions may delay.

Holmdene, fair play and good luck to you!

Steve, Why is this so low? Because that's how the markets work. Fundamentals I believe are still unchanged. MM's just playing this down and up to the loss of small PIs panicking and selling money back to them! Feeling fairly disgusted at the moment as to me Hur's silence speaks volumes. I cannot believe they are not aware of this.

Littlened
I'd like to believe it was as simple as that. I'm afraid I no longer do. On the upside have learnt a lot in the process and have changed the way I approach AIM shares which has been invaluable. Still believe in the fundamentals which is why, after this has been manipulated to death, I expect to see a signficant rise at some point in the next year or so! When? No idea.