Member Info for Careful

ex parte order = temporary restraining order.

ARCM expects this to be removed shortly.

ex parte order = temporary restraining order .

ARCM expects this to be removed shortly.

I'd say
It's patently obvious that he was pushed out because he didn't agree with the scam and wasn't prepared to go along with it.

Daily production of 10k barrels @ $50 per barrel profit = $ 500,000 per day profit.
140 days production for enough cash to pay off the remaining bond holders by end January 2022.

sensey save a gold star , with specially sharpened points to shove up fartybottom.

Fartybottom , oops meant Bartlebobton

Have you emailed ?

Done the grunt work and sent email below. Well done senseman for motivating everyone.

Dear Sirs
I write to support The Crystal Amber Fund request that a committee (comprising the non-executive directors) be established with a mandate to investigate certain matters :-
Why was RNS dated 29/9/2021 released by Maris.
Why were Bonds not bought back earlier than August 2021, at a bigger discount.
Why circa $17 million was wasted on a restructuring plan which the High Court rejected out of hand.
Yours faithfully

https://shorttracker.co.uk/company/GB00B580MF54/

That's really good news. !
Just a reminder it wasn't a surprise to see the AHC of bondholders were the same ****ers who were shorting since their little plot was hatched ! What a shame their plan failed.
Melqart Asset Management $38 million,
Caius Capital $35.5 million,
Kitelake $34.6 million,
CQS $22.7 million,
Astaris Capital $20 million.
Suspect Kerogen were the remaining 35%

Wonder who sold & who remains.

@ 31st August 2021 , CA own 25.4 % of HUR ie CA owns 506 m HUR shares.
This represents 14.2p of the 138.8p NAV of CA.
CA has 84 m shares in issue.
84m x 138.8p = total NAV of £ 116.5m
so 14.2p divided by 138.8p x £ 116.5m = £ 12m = CA investment in HUR

C A average
£12m divided by 506m shares = 2.37 p per share

sad news, much enjoyed his posts.

Good read , well summarised Senseman.
I assume CRYBABY is Bobby Bartleton then , him & his tag team have been stalking positive posts on this BB for years.
Reckon they're on Kite Lake's payroll doing Kerogen's dirty work.

Oil produced during July 148 (Mbbls).
Average oil rate (bopd) 4,781.
Water produced during the month 58 (Mbbls).
Average water cut 28%.
Well gauge pressure 1646 (psia)

These production figures for July seem really good !
Considering P6 well only resumed production on 27th July having been shut in from early July.

Does any one know :-
What date the well was shut in (planned maintenance commenced) ?
Well gauge pressure 1646 (psia) seems OK ?

OH YES IT DOES !

( pantomime time )

especially for you that was Bobby

Bought some more. Thanks

Go hug a tree !

Great news . CA 's NAV RNS strongly implies that the Bonds are being bought.

Deal must be coming soon because the doomster's are out in force and working hard this morning.

@ 30th June 2021 , CA owned 22.6% of HUR.
We know CA have bought more since and on 16th July 2021 own 25.11%.
The 19.3p represents the value of CA investment in HUR as part of their NAV of 146.81p.

dflinch 's post and rough calculation looks accurate to me .
CA shares in issue = 84 milion.
19.3p of each share reflects the NAV attributable to HUR
Therefore, CA’s investment is c£16.2M (84 million shares X 19.3p of attributable value)
This c£16.2M has purchased 22.6% of HUR issued shares ie. c 450 million.
The CA investment of c£16M divided by shares purchased c450 million gives an average purchase price of c3.6p

Ella10
RNS on 25 June 2021 states
Arc's liquidity position is strong, with cash and cash equivalents exceeding US$5.3m as of 31 May 2021.