Member Info for DifferentAngle

Today, HUR assets alone are worth significantly more than a 14-16p valuation as bare minimum, and any takeover here will have to be at least ~14p+ at present (and likely lot higher from H2 onwards) in order to have any chance of success IMO.

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Brent now up circa 2.5% and gaining further momentum so far today, HUR revenues/net-cash will be very much improved this year and onwards.

Good Post Elementary, and well noted that even-though institutional Shorters have recently been increasing their Short positions in the likes of PMO & TLW, however during exactly same period, they have consecutively reduced their HUR Short positions which now makes the recent various reductions all the more interesting/noteworthy here, please DYOR.

“OPEC+ Sees Almost Full Oil-Cuts Compliance in December”
“Delegate says OPEC compliance at 103% and non-OPEC at 93%”
“Group of major producers is curbing supplies to prop up prices”

https://www.bloomberg.com/news/articles/2021-01-31/opec-sees-almost-full-compliance-with-january-oil-supply-cuts

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And when they start closing positions here as they now seem to be doing, it will be an additional catalyst for massive potential upsides ahead for the currently way oversold HUR.

Massive upside potential here can no longer be ignored while any downside risks at these levels remain absolutely minimal/negligible IMHO.

As POO gains further upward momentum with vaccinations now in progress and likely very tight supply & demand fundamentals ahead, HUR’s huge and extremely prolific West of Shetland acreage begin to look more and more attractive to potential investors for wide variety of reasons, as also highlighted by CA, patience is key here, please DYOR:

“West of Shetland generated excitement after firms concluded there were much bigger finds to be made in its waters than in parts of the North Sea closer to mainland Scotland, which have received lots more attention over the years.”

1nvest, I didn’t say purely, and certainly don’t fully disagree with your earlier statement, however IMO, main point to note here is that Oil prices are today even way higher than they were back in December when HUR themselves highlighted their obvious and significant impact on the additional company cash reported which should now benefit HUR even more from this month and beyond, and this is significantly inflow for a company of today’s valuation.

HUR itself seems to attribute much of the additional cash to higher oil prices but still regardless, Oil prices are today even lot higher than what they were in December, and extra cash of this magnitude will play a significantly positive role in any HUR forward plan funding discussions.
GLA

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Ditto, HUR’s extremely unrealistic lowball valuation/mc with it’s huge rich assets, net cash, tax credits... and overall fundamentals (including rising Oil prices) simply makes zero sense, news based upward re-rate here is now clearly on the cards and inevitable.

As POO gains further upward momentum with vaccinations now in progress and very tight supply/demand fundamentals likely ahead, HUR’s huge and extremely rich West of Shetland assets begin to look more and more attractive to potential investors for wide variety of reasons, patience is key here, please DYOR:

“West of Shetland generated excitement after firms concluded there were much bigger finds to be made in its waters than in parts of the North Sea closer to mainland Scotland, which have received lots more attention over the years.”

And are you gonna cry if this goes to 30p+?
Nobody knows here, and that’s why people analyse risk/reward and generally do their own research rather than listen to anyone with various agendas on this bb.

Also seems fitting to add here that slift is much more like an attention seeking but deluded double glazing salesman who as obvious by his constant posts on other boards (see below/on CPI lse bb in full context and judge for yourself), thinks by his nonsense BS deramping on HUR bb, he can scare a few poor investors into selling their HUR shares at these ridiculously low levels and thereby, somehow help himself gain even cheaper entry here, ultimate delusion, lol.

“Slift
Posted in: CPI
Posts: 1,997
Price: 38.47
No Opinion
RE: topped up11 Jan 2021 14:57
Okay great, gratz to you.
So why are you here then if not for a lower entry? lol”

“Throw them dollars away and look after your health instead, people are less fortunate than all of you (but more happy) than all of you!!”

Is that your way of saying, please sell your HUR shares so that slift can obtain a cheaper entry here, otherwise, why are you here 24/7 and “looking after your health” Mr. Double Glazing Salesman? Lol.

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HUR assets alone are worth significantly more than a ~14p valuation.