Member Info for Bridgedogg1

Don’t see why this shouldn’t be over £100m mcap with another farm out.

Doubled up at 0.094 🤞

The debt repayments are the big issue now. Everything else seems to be moving forward, slowly. Was it $70m due this year? Should get pushed back but would have been nice to have some sort of update on this.

Most of the physician organisations are non profit, they are not big healthcare companies.

I think this will do over 100% today but I’m hoping for sufficient liquidity on the open to get in around 0.1p. Whatever happens good luck!

Boom time

Or another farm in for 20% of >1bn barrels

Company confirmed they are in discussions with multiple IOCs. Maybe word is getting out.

Just a little pump before cash raise. At least they are being honest about it.

I dont think 88e can recover from this one in any way other than extracting oil at someone else’s expense.

Cancel forward trades which means they will be buying this amount back tomorrow?

F it. I’m buying on the bell.

Well done those that bought and held here. Good to see a success story in the AIM O&G space.

Nice block buys as well. Maybe another TR1 before long.

I'd be more than happy to see this drop back down to the 7s before the rig arrives £££

It just seems that Hum can not make a profit regardless of what's going on, let alone a problem with the mine. I don't think the cash burn will be too bad but the Debt repayments are hanging over our heads. It wouldn't make sense for the lenders to not be supportive but you never know. Either was pushing back the payments just means this will take longer to turn a profit. How long are we tied into that hedge for? If we could get rid of that then all our troubles would disappear.

“As for 400% once/if this comes back to market I highly doubt that. If I had put £2m of my money into a company on the brink of administration I would want to get my money back asap.”

Why would they want to get there money back asap. You are right they don’t put their money in this to flip 10%. They know the litigation has pushed the business almost into administration but now that’s all cleared they are getting the bargain of a century. I don’t see any reason why this shouldn’t be valued where it was pre litigation. We’ve been paying millions in legal fees every year, that’s all behind us. The business has many contracts and can now refocus and build on them. That’s what the new investors will be looking for.

I’ve already got a good holding here but average is 0.18o, thinking of doubling up as soon as this opens. Might lose 10%, might gain 400%.

PIs continue to provide liquidity for yet another placing and inevitably get left holding a steaming bag.

‘Successful’ yes this is what success looks like!

No

We should see another major farm-out deal fairly shortly. Weren't we in discussion with 9 companies at the end of March?