Member Info for Albi1

Divecentre and Heidi

I wish this project well for the benefit of the UK and fully appreciate emails from lowly PIs take lowest priority. However, as someone who follows twiter, some serious investors are warning against investing here and that does make me question what's going on. I feel it's perfectly valid to question what's happening here and would be remiss not to do so. The kind of response I get or lack thereof tells me a great deal. No loss to me, easy enough to sell now and buy back in later if it's actually all going to 'plan'.

PTs and Wellwell
I don't disagree with the sentiment in either of your posts, however I do see a serious lack of wherewithal in the response from Hurricomes. There have been, in the last few days, some significant statements by respected holders on Twitter re. Hurricane. As much as I want to tune them out, I have to be objective. If the BoD are as good as we proclaim them to be let's see how they treat 3 emails requesting clarification from a PI. It's real money and I can't afford to lose it!

Hi Extrader

I've just emailed Hurricoms, again, asking for a response on water cut etc. Frankly, if I don't receive anything of note then my advice would be to sell. If they can't be bothered to communicate the basics I'm out.

Clearly the contempt for the average PI is not great. I can appreciate their frustration however they have to be awake to views of respected investors on Twitter who influence PI investors. The fact that I have not had a reply to date is telling.

I can't correlate the negative sentiment with what the company has so far achieved. Clearly there is a lot to prove and communicate in a way that shareholders can actually understand. I have, to date, received no reply to my query re. water risk. I'm sorry to say that as, at the very least, it demonstrates contempt towards PIs. I guess the CMD in March 2020 will bring us further information? In the meantime I would encourage Hurricoms not to be so highhanded.

Has anyone looked at a map of Australia recently?

I'm thinking the same, good if news was dropped later today or 7am Monday but realistically it comes when it comes. If it doesn't drop on the upside the placing should provide a lower entry buying opportunity. Have personally topped up today as don't want to get caught out - might feel a bit annoyed on Monday if no news and price drops further but long term all good.

Re. Ev, I hope he's gone, being on these BBs certainly wasn't doing him or anyone else any good. DC may be right, an ex disgruntled employee. His post today which disparaged the BoD would certainly fit in with that. Genuinely hope he moves forward and puts this behind him.

Ev
You're called 'Dave' and on the Bleoholm you say? Have emailed Hurricane with your post. Await their reply.

You know what EV, I hope the BoD sue your ass for that post. You deserve what's coming to you.

Ev, please get a grip. See a counsellor, talk to a friend. Stop posting absolute t**h on here. Tosh. OK?

No-one in their right mind would pay any attention to his posting on here. If you do, don't come back whingeing on here later. Not interested. For f**k's sake let the BoD do their job and have enough patience to wait until CMD in March. If you don't do us all a favour and sell out now and stop whingeing. Make a decision and stick to it.

Pretty good description of AIM ...

Unfortunately I've been in Sam's position and learnt the hard way. I appreciate most on here are season investors/traders with knowledge and experience. Reading the many 'disappointed' posts on here today it is also clear that most posting here haven't got a clue. If that helped anyone stop losing money, I'm happy.

Sam,
Buy on rumour, sell on news - remember that.
Here's what you could have done here as an example.
Buy 1,000,000 @ £0.0130 = cost £13,000 plus buying fees
Sell in tranches to cover your initial outlay of £13,000 and take a small profit:
Sell 1: 250,000 @ £0.0200 = £5,000
Sell 2: 250,000 @ £0.0210 = £5,250
Sell 3: 150,000 @ £0.0205 = £3,075
Profit: £315 less buy/sell fees
Shares left to ride free: 350,000 (you have to judge the top long term and that requires research but let's say 0.30 for argument's sake - also sell before the top as it may be harder to sell when everyone else is trying to take a profit) -
= 350,000 x £0.030 = £105,000 banked!
The trick is don't be greedy, a profit is a profit.

Sam, I really don't think you should be investing. I can't give you advice, but if I was you have some patience - if you need to sell some to stay liquid then sell 25% but wait till you're above your buy price! The rest, be patient and wait for takeover / production news. Otherwise maybe put your money in a building society where it's safe.

No EV - that was another poster whose name is very similar to mine, Alibi, funny, another poster, Ricfle who is plaguing the II board at the moment, made exactly the same mistake. Nice try, no banana!

EV
All you have done for holders in this investment is sow confusion and spread misinformation along with your sidekick Bartlebobiton. I'm in, I'm out, buy, sell, up, down, endless pointless posts taking us nowhere but down.
At the end of the day I think I prefer to place my trust in world renowned experts who have committed their life and reputation to this company than people of your ilk.
Noosking, frankly, post of the year, if you're invested, have done your research - just sit back and wait, another one or two years and it will be a very different story and the fools posting rubbish on here will be but a distant memory ... (I hope) - right, Merry Christmas all and Seasons Greetings - see you all in March when who knows Brent may be heading considerably higher than $60!

Bartle, I can't hear you ... I've joined other LTHs in the freezer, bottoms up!:}

PTS
Good call. Best thing anyone can do for their sanity until March is stop wasting time speculating, let the SP yoyo wherever it will and come back when we have some actual data ... wow, how many times? Data, real, actual data, not hobbyhorse (at best) deramping (at worst) speculation!

Bartle, so you're saying you predict the price of Brent will remain static at $55 then? How is that objective?