Member Info for Albi1

Fair and good points Cebo. I've read a few posts on these boards of long term holders giving up and selling out, the intention behind my post was to cheer folk up a bit. I don't know about you, but I'm looking at a sea of red bar one or two of my holdings right now!

Agree Wellwell,
This is an oil stock of course it tracks Brent - though not as readily upwards as it does downwards!

Cebo-456
It's a lighthearted post but one, I observe, that reflects the views of many posters, both here and on other boards. More to the point - why not? It certainly wouldn't do any harm.

Dear Mr Stobie
Would you kindly help the little guys out and show your confidence in Hurricane by perhaps purchasing a few million at these prices?
Yours,
The little guy

Sincere apologies - too many windows open and misposted here!
Go for it though :}

Dear Mr Stobie
Would you kindly help the little guys out and show your confidence in Hurricane by perhaps purchasing a few million at these prices?
Yours,
The little guy

https://uk.investing.com/news/stock-market-news/wto-trade-threats-sink-european-stocks-1974377

The drop is largely investors rebalancing while we wait on news of recession, falling Brent/Crude, global markets are affected. This is NOT just Hurricane.

Worth noting, even with Brent currently falling due to declining demand:

FTSE 100 dropped by 3.2%
Hurricane dropped by 2.43%

In other words, Hurricane is actually holding up in the overall market. BP also dropped by 4.32% today, in spite of being an attractive dividend go to with ex dividend in November.

Biffadog
Have to say, very grateful for your clarification re. Bonds, have been trying to get clear on this for a while and your posts and other questions arising from them have finally made it clear.
Best
Albi1

Have given up trying to understand the markets. Purely focused on what Hurricane are actually doing and what that might translate to long term. Unbelievable opportunity to top up at under 43p and have been doing so. Now happy overall with portfolio, not top heavy and await future events with interest.

As someone who has not lifted a finger to explore or produce these assests, I am grateful I am able to invest in this company with the view to increasing my personal wealth. Hurricane don't really 'owe' us anything.

Only because'he' genuinely cares about investors...

She, but not surprised at the assumption.

Halespur
"In reality one needs trust themselves more than anyone else."
100% agree with that. I'm just trying to bring some balance to this bulletin board for the sake of investors who don't do their research but just blindly follow and believe what they read. No more, no less. A few years ago that might have been me so why do I bother posting? Because my cynical friends, I actually care.

I would highly recommend visiting the Advfn Bulletin Board for a more balanced view of this share.

https://uk.advfn.com/stock-market/london/nuformix-NFX/share-price

For investors it is not a matter of 'obsessing' about the Chinese payment' but rather taking a long term view and considering what happens if this is not received and the need to dilute shares through fundraising. My criticism on this board has never been aimed at NFX but the unbalanced posts which only consider the bull case and don't consider the bear case. It is important to look at both to understand your investment.

Thanks Missdosh, most interesting bit from Hannam's update:

"Valuation and catalystsOur risked NAV is 135p/sh (up 5p/sh on a mark to market of £/US$ FXrates). Our fully diluted core NAV of 51p/sh,only gives credit for the 2P reserves from Lancaster EPS, the EPS extension to 10 years and the firm carry provided by Spirit. With the shares trading at 46p/sh, this impliesthe market is ascribing no value to Hurricane’s >2Bboe of contingent resource -ittrades at ~US$0.5/bbl of 2P+2C resource.The next few months of production performance from Lancaster will be very important to proving the play and Hurricane will hold a follow-up CMD in January next year to discuss this and the understanding of the 3 GWA well results. We also expect an update on securing a rig to potentially bring forward GLA drilling to 2020.At US$70/bbl in 2020,we estimate operating cashflow pre-interest of ~US$350mm.We estimate that Hurricane is trading on <4x EV/EBITDA in 2020."

website@martinhouse.org.uk

18:37 (0 minutes ago)
Reverend
Good cause, donation made.
Martin House Donation Payment Confirmation ID - 8645
Thank you for your donation of £10.00.

Helpful post from Bloodhound on Adfvn just now:

"I guess it's alright for me to post this and I sincerely hope I'm not betraying any confidences from the company in doing so, if I am I sincerely apologise. Ok, I received a reply from HUR today regards the the question I asked which was: "Can you give me an approximate end date or your expectation as to when six months pressure data will have been collected." Reply: "The quote that you have identified specifically mentions "steady state production". You will note that our latest updates guide to a degree of production interruption during the final quarter of 2020 which would have an impact on the data we will be collecting. Note that we are targeting a capital markets day in Q1 2020. That is a good indication of when we expect to be able to make a material update on analysis of the subsurface. A specific date has not yet been fixed." So now we know a more accurate time frame in which HUR are thinking. Thanks to HUR for taking the time to reply. BH"

Tardigrade, hope so, drink to that!

Tardigrade, I have good cause to laugh at myself on a daily basis!

Tardigrade
Fortunately for him most Canadians appear fairly forgiving and understanding that this was the oblivious act of a young man in his 20s. The more pressing question is in whose interest was it to publish those photos and discredit him?