Member Info for bransonbull

Franky - i've been a silent admirer of your posts for a while. Seems i was correct that bondholders do not vote post court hearing, only former and current creditors owed redress + the FOS on behalf of some complainants.

I have watched the whole results presentation twice, so with respect....

How can the bondholders vote down the scheme?? Only the creditors with loans can vote as I understand, I.e, those owed redress?.

Debtcamel are going to set up as a CMC and specialise in whatever follows after PPMI, paydayloans and guarantee loans. Maybe BoE loans next?

After March 30th court hearing IMOV. Don't gamble more than u can accord to lose, DYOR, AIMOV

I make it 15m USD profit a month but only once Brent averages 75 US
12000 X 75 = 900,000. BE 400ks a day (10ks at 40 US). But HUR sell for about 2 USD less than Brent...

The link works perfectly on advfn. Copy the whole thing rather than click on great link as LSE is breaking he link when I paste it. Check advfn amgo posts...or copy paste the whole link not just hyperlink

Good evening fella or lady. I wasn't giving investment advice in sense they may hope to relending but there are no guarantees. Simply that if things go well, they may start relending quite quickly

Sorry people
Copied link wrong. Should work now xxx
https://www.glassdoor.co.uk/job-listing/digital-marketing-apprentice-remit-group-JV_IC3313555_KO0,28_KE29,40.htm?jl=4021135618

You get a free fireside chat on that brown leather sofa with Gary J thrown in..

https://www.glassdoor.co.uk/job-listing/digital-marketing-apprentice-remit-group-JV_IC3313555_KO0,28_KE29,40.htm?jl=4021135618

What a week. Those having sold will kick themselves in a few weeks IMOV . Amgo are advertising for sales people. Amgo 2.0 anybody??
https://www.glassdoor.co.uk/job-listing/digital-marketing-apprentice-remit-group-JV_IC3313555_KO0,28_KE29,40.htm?jl=4021135618

They now appear to have 7.4% voting rights whereas previously they had none? Have they exchanged derivative instruments for real shares?

I have been waiting for an active intervention from CA for ages. This was LONG overdue.

https://www.energyvoice.com/oilandgas/north-sea/west-of-shetland/304351/activist-investor-relationship-hurricane-deteriorated-dramatically/

Chaffe was woeful on Sept 11th....tongue tied and not in command of detail. hasn't bought a single share either.

that everyone writes to Hurricane's comm's dept expressing their support for the points raised by CA? I would not want them to think that CA is an isolated lone voice....i will be doing so...

Where are the covenants in the CBs? You state with certainty they exist....
In practice, given HUR owe them 230m usd of course they will not.embark on major spending without their say so but it ain't formally required

Slift the covenants are not publicly available...and an obsessive type on the lemon fool or whatever it is called found some text suggesting HUR do not formally need CB approval before spending cash.

At 65 to 70 brent, which I fully expect, HUR's cash pile will swell quickly. Sure, WC steadily rising and production declining but they are cashflow positive...10000 x 40 usd was BE so 400ks USD a day costs. Now they are at say 12k a day x 62 usd or 740000 a day. Even a decline to 10ks would generate 620ks a day more of Brent reaches 70.

Ain't over til fat lady sings

Encouraged by JPM, Bybrook, Gary J and Vinson, with aspirations of visiting Lake Constance, bought a load more amgo. High risk, high reward. Dont gamble more than you can afford to.

It did occur to me that maybe the delay is deliberate...every month, the cash position gets stronger and investment proposition for future FWP will look a lot better modelled at 65 USD than 40 USD. Sp still wont go up much until meaning of Dec RNS clarified. My impression was they were presenting a worst case scenario.....but I may be wrong.

Slift. Shouldn't you have moved on by now?

What was his moniker on LSE?