Member Info for Albi1

Ricfle per chance?

As yet have had no response to my email of 2nd December to Hurricane on clarifying the last RNS. I note two other posters on Advfn say they also wrote to Hurricane along much the same lines and have not seen any response posted there.
Will post 'if' I receive anything.
In the meantime, this is a high risk share, an exciting opportunity to be part of an amazing story. But, please, and this is to those who have their entire pensions pot or savings in here - do not risk more than you can afford to lose. At this point just hold, it will come back up to the 40s again. But then consider halving what you've put in if you're overextended to mitigate on loss. Not because I don't believe in this company but because I, like you, can't afford to lose hard earned money and over the last year substantially decreased my holdings to fit my budget and risk appetite.
No criticism of Hurricane intended here, merely time to review. Selling at this point, in my view, would lock in losses and be a mistake. But that is my personal view and everyone should look long and hard at their own personal financial situation - objectively!

Some good posts today and actually over the last week or so examining this from an investment point of view.

Would my money have been better served elsewhere earning dividends, interest or trading over the last five years? Yes. Unequivocally given the SP is where it is now and looks to be driven lower. That's a fact. Not interested in arguing on that point - for some who bought in low/traded etc that will not be the case but I'm talking about me, average Joe, PI investor.

Does this company have enormous potential? Yes.

Can it fund future development and what will that development be? Probably and let's see what the December RNS tells us.

Is this an exploratory Oil and Gas investment posing high risk to investors? Yes. Though risks are decreasing substantially we await further data to substantiate the possibility of returns.

Is this a great story and a bit of a hobby horse for those who can afford to lose a bit of money? Yes.

https://citywire.co.uk/investment-trust-insider/news/sliding-crystal-amber-doubles-up-on-distressed-de-la-rue/a1302023

Crystal Amber has also been impacted by the 'Woodford' effect re. De La Rue.

Let's get the general election out the way and maybe sanity can begin to return or not?

EV
If you were genuinely trying to help investors it would be a different story. Your posts paint a self serving (or perhaps serving someone else entirely) picture.
BrokerAnalyst's post says it all quite perfectly in a measured, considered and in my view, objective way. More of that and less of the dross that's been posted on here by scaremongers in the last few weeks.

Thanks for my free shares EV, most obliged. Will remember to tip you :}

How much are you ne'er dos getting paid to post this tripe? Probably not nearly enough. Sad.

Tindrum
I'm still not convinced I'm afraid, I do see the potential here and am thinking long term. Happy to buy more at 20p so thanks to whoever produced that result!

So Tindrum
Would you care to tell the good folk on this board what you base your prediction on? By that I mean with some precision.

Extrader
Someone for some reason is driving the SP down. I agree with your analysis - Trice, having read around and examined comments, was extremely positive and remarked notably on being 'ahead of schedule'. In my view - I am beginning to wonder if we have a buyer lining up to reduce the Mcap.

Sam
"am considering going all in here if this drops again now"
Diversify. Never ever put all your eggs in one basket. Protect your capital.

EV

"hope for your sake you have a light bulb moment soon and see the shenanigans at play here..........."

That's quite a statement isn't it? Suggests you are aware of something mysteriously awful about to happen - infers some kind of deception by someone but actually says nothing at all of any substance.

I'm happy to hear other view points - go on now, tell us exactly what you mean? Not able to? How surprising.

One thing I do agree with is best to keep your own counsel. I've found myself doubting and mistrusting folk on here I had previously trusted (I don't include DSPP in that by the way) - equally I might be wrong!
Everyone has to do what's best for them to protect their capital. I can see solid arguments on both sides for staying or going (at least temporarily) but everyone's position is different and it's a personal decision.
On the upside, I have to laugh as actually if the SP does hit 20p in the short, actually I'll be very grateful because it will be an extremely helpful buying opportunity. So in that respect whatever lies behind this, simply hedging, takeover strategies, whatever you can think of, it doesn't really matter if Hurricane are producing, cash is banked and the future is bright.
I'm with Aduk here, I might be completely wrong and have been, but personally my gut feeling is good.

pchima

I don't see anyone on the Hurricane Board misleading anyone. The greater risk, currently, is that folk are misled on these boards which is why I've written to Hurricane directly in the hope of putting some of these rumours to bed. On that note - to sleep!

pchima

Thanks for taking the time to post your reply, it does help put DSPPs thinking in perspective also. I take the simple (and arguably lazy) view that there are no issues based on trusting what Dr Trice has been at pains to repeat in all the presentations and updates that have been given since June - it's not a concern.
That said it can be helpful to cross reference these figures with OGA data etc but as Aduk points out, and funnily enough I do share his thinking there, we may not all be working to the same time periods and data points so actually we may not be able to arrive at any accurate understanding on our own. Which brings me back to lazy, I'll wait for an update from Hurricane.

OK, BBAGeddon

Plain old fashioned hedging or working up to a hostile takeover?

BartleGeddon

"I'd suggest it's not just oil being out of favour."

So is it a film, a book or a play?

Pchima

What do you base your post of 18.46 on, where you say:

"As I understand it ,in September they confirmed an increase in the watercut aggregate to 7.5% with the -6 well watercut as nil therefore implying that the -7z watercut was 15% but confirmed that the aggregate was within their predicted range of 5-10%."

Thunder
Will let you know what response I get from Hurricane. As for what may be going in the background:
1) Nothing - it's all good, data is being analysed, further news will be released when it is available and 2) Nevertheless it's being shorted and walked down before, imo, it gets walked back up!
Seem most likely to me. I could speculate about bidders, manipulation but it would be just that - speculation.

Thunder,
The latter - no. The former, yes to some extent shorting. If we suppose Marshall and their ilk took a bet that WW's results might be similar to WD (though they're clearly not!) you can see how they'd use that to drive the SP down. I suppose there are lots of possibilities and a lot happening in the background we're (or I'm) certainly not privy to.
I have emailed Hurricane as have a few others so will be interesting to see what the response is.