Member Info for dflynch

Twenty will be plenty - for now!

It should go much higher, but not sure by how much! Will have to wait for results and next AGM etc etc

I am no expert, but it occurs to me that the action taken to flatten the infection peak, to prevent overwhelming the NHS, has caused the virus to linger in the population for a longer time period than would have been normally expected!

Has this extended period allowed the virus to progressively mutate, as it passes through the population, instead of naturally burning itself out by its initial virulence?

I wonder?

Anyone out there help out?

And RT is still retained as a consultant! Watch this space (company)!

The issue of CV19 has been misunderstood and badly handled from the outset. How, why, who, and what etc are for future detailed discussions and analysis. The current concern focuses on the number of infections and rate of spread - (R number). Surely this is the wrong focus!

The increase in the morbidity rate is probably as a result of the better detection of CV19 by increased testing, and possibly tracing. As stated, previously measles is five times more infectious as CV19 - research into the magic "R number" nonsense revealed this!

What should be scrutinised is the CV19 mortality rates - where these can be accurately determined.

Are these increasing at the same rate as the morbidity rates?

If they are proportional then monitoring of the morbidity rate should determine the appropriate action. But if the mortality rate is falling, as the morbidity rate apparently increases, then I suggest we are looking at the wrong-end of the horse, if we are trying to spot a race-winner!

Andrew Newland, the chief executive of ANGLE plc (LON:AGL), says he hopes the medtech firm’s Parsortix device for detecting the early signs of cancer will obtain the FDA’s seal of approval ‘later this year’.

Newland reminds investors of the benefits of Parsortix, why the group is so far ahead of the competition, and explains why the Medical University of Vienna is so impressed by the system.

Video interview with CEO Newland 30 Jan '15 - http://tinyurl.com/kw3hy58

I am an investor.

Though not a technocrat I believe this is a solution. BUT WHEN!

As previously discussed, ad nauseum, where is the parallel between HUR & SXX?

SXX ran out of money before they could produce anything to sell and therefore generate revenue – hence the rescue!

HUR are selling and producing revenue – the CB is not as issue as it can either be paid off from accumulated revenue, or refinanced in a similar manner as to the 2017 cash raising?

BREXIT has taken far-to-long. That and CV19 has obviously addled some mindsets into a “new thinking.”

This sort of reaction will do little to attract customers back into stores!

Are the SNOWFLAKES now bullying Sainsbury's management into conforming to their mistaken view of the World??

It is reported that...

Sainsbury’s has bowed to pressure from domestic abuse campaigners by removing a “triggering” Roald Dahl-inspired mug they said promoted violence against women.

The mug had written on it the words, “A brilliant idea hit her”, a quote from the author’s 1988 book Matilda about a precocious five-year-old seeking revenge on her head teacher.

Activists had accused the supermarket of trivialising and promoting physical abuse against women through the mug that was on sale for £5.50.

The 11:57 transaction was a BUY not a SELL!
Unreliable information -
Makes it difficult to know which way the money is going!

I have always been of the view that governments world-wide have over-reacted to the CV19 issue. Reading the linked article supports that view, and despite that the statistics quoted could be very inaccurate, they do give a basis for basic analysis.

Given an estimated 58 million (58,000,000) population in South Africa it is reported by Reuters that there have been 579,000 cases of infection of whom 11,500 have died.

These figures indicate that approximately 1% of the population were detected as having the virus, and of those detected cases, 2% died.

Importantly, the mortality rate from CV19 across the whole South African population was 0.002% (ie 20 deaths in every 100,000 of population).

How does this rate compare with other South African mortality rates eg murder, drugs, sickness, poverty?

Well, spectacularly, the estimated the number of deaths in South Africa attributable to AIDS in 2017 was 126,755. That is over TEN times the deaths attributable to CV19 and approximately a quarter of all South African deaths!

Can this Reuters published information really be used to vindicate and support the extreme restrictions, imposed by the South African government? Restrictions that have pushed millions of South Africans deeper into extreme poverty, particularly when the South African economy was already in recession,

This is not an isolated example of the apparently knee-jerk reaction of governments throughout the World? The real issue facing governments should be the urgent return to normality, having realised that the CV19 mortality rate cannot possibly justify the dystopian strategies presently being employed.

When will People and Governments World-wide WAKE UP?

Changed personna to dreamachine possibly?

The Company will have the option to redeem all, but not some only, of the outstanding Bonds:

• at any time on or after 14 August 2020 at par plus accrued interest if the value of the Ordinary Shares underlying a Bond (calculated over a specified period) shall have been at least US$300,000; and

Note "...after 14 August 2020 at par plus interest..." This indicates that HUR must purchase them at the full face value and furthermore it must purchase all of them!

Any other entity, however, is free to purchase piecemeal amounts at a discounted price in the Bond market.

Happy to be corrected.

Not certain, but possibly because the terms of the CB would requires HUR to purchase ALL of the CB's at the same time.

Critically, do they have the funds to do this?

They therefore cannot purchase the CB's piece-meal but a third-party can - hence the CB's being traded.

Of interest is why a discount of 48%? The company is able to pay the coupon and repayment at maturity does not appear to be a problem.

Happy to be corrected by the more knowledgable.

......Continuation.

Australia has a population of c25 million of which c4.25 million have been tested. Of these 17,920 people were found to be infected (0.4% of those tested). Sadly 208 of those infected died (1.16% of those who tested positive). Overall, the Australian CV19 mortality rate is 0.00083% (ie less than 1 death / 100.000 of population)!

Is it not about time that the governments throughout the World stopped panicking, and introduce strategies that will re-rail the World’s economy, reinstate sanity and remove the un-necessary fear that they have created!

I don’t think that a vaccine will be the answer to the problem. Despite political promises to the contrary, a suitable vaccine in sufficient quantities, distributed efficiently to allow effective vaccination of the whole population is way in the future. Even if this could be achieved how successful would it be given that it would not have completed the full cycle of clinical testing normally required. Would there be problems because of taking a shortcut – the Thalidomide tragedy is not forgotten – indeed it is the reason for comprehensive testing.

A more pragmatic solution is to allow CV19 to take its course through the population. The measures to counter the initial threat from CV19, the overwhelming of the NHS, are no longer required as that issue has diminished.

More is now known about CV19, the signs, the symptoms, and the wide range of the effect of the virus on the human body. The focus on dealing with CV19 should now be on restoring normality and consequently saving the economy. At the moment it would seem that we saved the NHS but few have yet realised the cost was the economy!

Sweden, and the UK, have followed different strategies in dealing with the issue, albeit the Swedes appear to have followed a path similar to the UK’s 2011 strategy, which was extant up until March of this year.

Sweden has reported 80,422 cases of infection and 5,743 deaths which the authorities have attributed to CV19. A mortality rate of 0.055% (ie. 55 deaths / 100,000 of population)

The UK has reported 256,428 cases and 41,082 deaths attributable to CV19. A mortality rate of 0.061% (ie. 61 deaths / 100,000 of population)

Sweden has a population of c10.5 million and the UK a population of c66.75 million. Therefore, it is reasonable to state that the UK population is c6.35 times that of Sweden.

On a population basis the Swedish infection figures become a UK equivalent of 510,679 (actual cases x 6.35) and UK equivalent deaths of 36,468.

This would seem to indicate that Sweden has had twice the infection rate of the UK but a lower number of deaths within that increased level of infection. This is borne out by the Swedish mortality rate of 0.055% compared with the UK 0.061%.

Because of the different national strategies followed, Sweden’s economy and general health are now in a far-far better condition that that of the UK. So why is the HIGNFY team at no 10 still continuing with the dystopian strategy that is wrecking the UK economy and the general wellbeing of the UK populous? Tragic as it may be to some, can 6 extra deaths per 100,000 of population justify the current measures?

Interestingly it would appear that dysfunctional government is not limited to the UK. The State of Victoria in Australia, where a quarter of Australians reside, would seem to have the lead at the moment - with a similar approach to restricting normal life.

Continued.....

Undoubtedly buying more shares would affect the demand side in the market – hence the SP should rise if the supply side is restricted.

The SP rising is not a good situation for shorting operations – so yes, encourage purchase of HUR shares and their retention by holders!

Much better tactic than wasting Oxygen ranting about those engaged in shorting operations – don’t you think?

Any attempted takeover of HUR will have an immediate effect in the market - generating further interest by competitors at the audacity of any “low-ball” offer. I would expect the BoD to immediately reject such an offer in view of their stated intent to achieve financial resilience – they are clearly in for the long term!

The BoD has exerted more control over future capital expenditure and has available a steady flow of income, the level of which is known and essentially guaranteed over the next few months - a result of the $35 PUT option on 10KBoPD.

Additionally, the BoD is establishing the company’s future credibility with an updated Competent Persons Report (CPR) in Q1 2021. A report which will be eagerly read by all, and the basis of future decisions, plans, operations and co-operations, ability to raise and service finance, and the SP, etc.

Obviously, the CPR may not be as optimistic as previous publications and this could have a detrimental effect on the company. Hopefully, this will not be the case!

Surely, to attempt a takeover, prior to the opportunity of evaluating future short-term production and reservoir operations, supported by the delivery of an independent CPR; is a “jump-in-the-dark” and unwarranted gamble for main-player companies in the sector.

Hurricane is not subjected to financial pressure and has a satisfactory cash-flow which gives the BoD time and space to consider, and correctly react to, current economic volatility and irrational markets.

The BoD, therefore, has no apparent requirement for the company to be taken over. So, until the CPR is produced, I do not foresee any realistic prospect or a Takeover offer and all comments on the matter are speculative and the effort in making them nugatory.

But if the “Loony” or their ilk, do come calling I would not be interested in any offer below 87.65p!

Kindly explain your statement " SP is down due to loan holders shorting the stock to protect their capital"

From easyjet's Trading Statement

Customers and operations

"... It also reflects the enhanced bio security measures which were introduced in June:

· Aircraft cleaning - Every aircraft is subject to a daily disinfection process which provides surface protection from viruses that lasts for at least 24 hours..."

Could it be anything else than the Byotrol 4 in 1 product?

You can bet your bottom $ that others in the airline sector will be watching......and following!

Does STT1 fly easyjet? - she will be pleased!

AGREED - Investment was in Oil & Gas not Unicorns & Fairies!

Back on thread!

Without going into the detail of how - I did have the opportunity to speak to someone from the DoH who claimed responsibility for specifying the 4-hour limit. In response to the question how was the limit set - I learnt the figure was just “plucked out of the air.” The saving grace from the responder was the statement was that they wished it had never been set, as it was clearly a mistake! Abolishing the 4-hour limit and returning to a triage system based on clinical priorities is the way ahead.

With regard to financing, the NHS does not need further funding. Instead high costs, with no clinical value, should be removed. This is code for “there are too many little, but costly “empires” within the service that provide no additional value to the clinical service that the NHS is required to deliver. These empires are mostly unproductive talking shops that allow “senior” management to pontificate in the “health-care economy” bubble that they have created and fiercely protect. Cost savings in culling these unnecessary empires and other duplicated organisations within the NHS, together with ridding the service of its “over-managed” burden, would release funds that could be better utilised on the famous “NHS front-line” and medical research.

With regard to TRMR is there a captive audience amongst people waiting for NHS attention - particularly “trapped wind” sufferers?