Member Info for Arbitrader75

Don't mind if I do, what a bargain here.

this is now absurd

https://twitter.com/hurricomms/status/1115860774210215936

Hurricane: Reduce to SPEC BUY (from Buy) as we believe the share price could be more volatile around the Lancaster field start-up in the next couple of months. We trim our target price to 110 p/sh (from 115 p/sh).

this morning mentions Hurricane:
Sunday Times recommends buying Hurricane Energy, focuses on maverick boss Robert trice, says only a pessimist would best against him.

@JK for me this works a lot smoother on mobile than the regular version so I'm pleased.

The provisional outcomes of the study indicated that further capital investment of around US$120 to
US$140 million could deliver an expected life of mine of 18 years with an average steady-state production rate of 300,000 to 350,000 ounces per year at an AISC of US$700 to US$750 per ounce.

This alone is worth more than the measly 2 quid we're on now.

taking a look at the US market the average seems to be a bit over 30.
now of course this will vary wildly because of expectations of future drilling, current poo movement, type of field, indebtedness etc.

if the coming months prove the field is a reliable producer the barrels in the ground can be valued at 2-4 dollars easily.
now if they also find considerable new resources with the upcoming drilling campaign that shows similar properties to the then producing field things can get very interesting indeed.

my personal blue sky scenario reads a take-out with 1bln barrels @ $5

naturally about a million things can happen in the mean time, for better or worse and I will readjust my views accordingly.

As a side note: the beta of the new site here looks like a massive improvement.

you and I have a very different view on what bad news is.
a warrant exercise is certainly not ever a bad sign.

@scoreagainsteps, if you think their planned nationalisation of the utilities is gonna stop at o&g companies you are a more optimistic man than I am.

I'm not at all concerned about a temporary market movement because of Brexit, sentiment has its effect on the markets at all times.
However if this shambles in parliament leads to an early election and Corbyn is elected I will sell all UK stocks immediately.
I'd rather take a haircut now than having the company seized for the greater good of the nation as this Marxist will no doubt do if he gets the chance.

well you have time spout nonsense on this bb and try and pass it off as discussion, but I will gladly stop engaging you.

so passing exams in the 70's doesn't mean you understand what's going on today in the market.
always amusing to see sell side trying to explain the markets to clients.
since I have also passed all the mentioned exams and then some, I find it hilarious that you use that as a sort of proof you know what you are talking about.
maybe that works in your local pub, but not with me.

please prove it then Daltry, because your questions thus far lack any insight.

Daltry, if you don't understand the fundamentals nor the workings of the stock market I would indeed strongly suggest selling all your holdings.

every and any "article" on that s(h)ite is bullocks, best never read any of them.

@HTL, are you now seriously suggesting a stock won't rise as much if the nomination is higher?
really really?

@fitguy, not surprisingly your broker is shite at his job.
Honestly the amount of people that still use these people baffles me in this day and age.

are absolutely fine, just lower eve because of insane trading last year in crypto's.
plus and igg should rerate comfortably the coming months.