Member Info for BlackHopper

Trump is officially NUTS. I am amazed, even in Trumpworld. This might be for him a 'cointoss' for whether he gets a second term.....

The stimulus package is obviously welcome....

Bye bye Warrants. See you later .....not. Chow. Adios. Au revoir.

Will we survive? Yes we very much will Shadow, as you well know.

And that crazy fellow in America is going to open it up again soon to save the economy. What a piece of work. Bit like you.

We had all the survival chat last September if you recall. Then on October 4 NT RNSd over a million in the bank....

In the early April RNS a similar RNS will appear and you will all have to climb down . Looking forward to that. A real opportunity here for a double bag in a few short months....

RNS

Any more new arrivals, old timers, trolls, experts or nervous nellies ....

This could be one of your lockdown pastimes.

On my 1 solo walk in sun. Keep your distance!

Neil, dried hemp seed last for ages in a cool environment

Years as Si says

Growing continues as per.... up to 1.25 million feminized seeds a month. Manufacturing probably stopped or on v slow to save cash.

Expect accounts next months as YE 31 March. Nick conserving cash and has 2.9 million seeds to sell worth 1-3 million dollars depending on price.

But beware, I am a ramper apparently so make sure to take St Anitha’s negative skew on events into account. He is totally impartial and wants to look out for you... and your cash. Ideally he’d like your cash in his pocket where he can look after it best.

ATB BH

It's pretty clear really Chris. I wonder what part of that is not black and white enough for Persimmon???

He is a troll in my opinion. Pure and simple. What part of the below from last friday's RNS is not clear?

'Reabold's expected work programme for 2020 is fully-funded by cash already invested into the operating businesses. The programme includes the testing of West Newton A-2, the drilling of two wells at West Newton B, the testing of IM-1 and the drilling of IM-2 in Romania, and the drilling of additional wells in California. We believe that these projects remain highly economic at current oil prices.



In addition, Reabold currently has in excess of £6 million in cash beyond the cash invested into the operating entities to fund the 2020 work programme, which is available and uncommitted at this time. Reabold and its investee companies are financially robust under current market conditions and Reabold is in a position to potentially take advantage of acquisition and investment opportunities that these conditions present.'

Nice healthy work in the open air. Masks and gloves on of course and sanitisers at the ready. Very exciting.

I think in many ways this is the most exciting opportunity in my holdings. If results are as good as they obviously hope then it's going to go MENTAL. And we have TWO projects of scale. Really very excited indeed.

ATB BH

NT is precisely the guy you want in charge in an emergency like this. He was cautious already and will have seen these circumstance coming down the track and acted accordingly.

Very good news about seeds. 3 bays worth. Dec, Jan, Feb...more coming. Assume key staff held to maintain De Beque facility and seedflow. Good inventory of product in place.

Piddling in the scheme of things but the timing of the outbreak lining up with our plans for expansion and distribution is quite something. However, ZOE will be all set to get the ball rolling once this passes.

Better sites, more and better products, US and UK, Superb seeds with sales outside US alluded to, careful cash management and.... no dilution via 23 million founder warrants. Stay healthy and have a great day. Sun will be out for what should have been a fine Mother's Day weekend, now tempered by the need not to visit ones ageing mother.

The flower delivery people are going to melt....

Stop speculating and invest !

100 sit up feet under sofa

Get going Chesh

Work your core

It's like the changing of the guard... don't get tired and drop your hat...

Sheesh... take it easy then ;-)

yup

How's you indoor exercise regime going Chesh?

Dumbells at the desk or squats in the hall...

Some 3p Shares inbound in a minute.. chomp

Indeed Amaja. The RNS is well written and carefully explains their strategic approach to minimise exposure to cash squeeze in these troubled times. Let's hope the EPS keeps performing well. I was pleased to hear that as they are running it the reservoir pressure is building. I think CMD info may allude to an increase in reserves....

Further down..
The directors note that should oil prices fall below those assumed above, or productions rates fall below the level forecast, the Group would be able to take mitigating action by postponing or cancelling certain capital projects which are currently forecast but not yet sanctioned. In addition, the directors note the emerging risk of COVID-19 at the time of reaching their conclusion on going concern, where the impacts on global oil demand, Lancaster facility uptime and wider society are currently unclear. However, given the large level of cash resources held by the Group, and limited levels of committed expenditure in the coming 12 months, the directors consider that Hurricane is well placed to withstand a severe downside scenario which could be caused by COVID-19.

Following this review, the directors are satisfied that, taking into consideration reasonably foreseeable downside sensitivities, the Group has adequate resources to continue to operate and meet is liabilities as they fall due for the foreseeable future, a period considered to be at least 12 months from this financial information. For this reason, they continue to adopt the going concern basis for preparing the financial information.

So, they are happy they can meet their obligations even in this, frankly awful environment. Very good news.

The big questions: Will they get consent on LC? Clearly not given up.

How long will low oil price last?

Looking forward to next week.....

Maybe 'someone' will drone a facility or two... I am not advocating this naturally but I can imagine a couple who might fancy it. The timing of this 'trade-war' now, given C19, is entirely nuts.

Thanks trillsg and Leemuu. I had not checked until now. NT did seen super upbeat about this unexpected seed sale outlet in the interview. he was almost at a loss at how to contain his excitement. I think you will hear of European sales in the next few weeks.

As I have been saying... not long now....

Filthy business. Definitely manipulated the trousers out of it. Interesting few days ahead...

I'm disappointed... no pithy saying.

C'mon...you can do better....'Don't look a wolf in the eye with a sausage in your mouth' or 'Lie down with a snake and end up in knots'

You must have some more??

You know full well that buying at these levels is a no brainer. Just a matter of time. RBD is well set up to withstand this crisis.

Perhaps more by luck than judgement but timing has worked well for them.

And Romania is GAS. WN GAS and oil. Oil price will recover. Because this sheetstorm will knock out loads of production and send Exploration into a nosedive.

This seriously could 10 bag in 18 months. If you are still alive...;-)

Love you pithy sayings

AND finally.... somebody just did a nice trade... was it you perchance?? You postings make you a prime suspect... but if it was, well done you (gritted teeth... a bit)

Have a nice day and was your hands all.