Member Info for DifferentAngle

Should hear something from CA this week, they could be slowly topping up and/or planning the next move along with their in house technical, financial, and legal teams; way too much at stake for them both reputation wise and financially, and fact that HUR BoD completely ignored them along with ALL other shareholders (with possibly the exemption of Kerogen who may also be major bondholders and resulting beneficiaries here), it’s a scandal!

Thanks British et al for the invaluable info. provided today, it could make all the difference here for shareholders, would also love to be a fly on the wall in CA/Richard Bernstein office to find out more on their forward strategy.

TR1 RNS now expected here soon, someone is loading up here, one could well be CA, adding and building on their position to make a move/statement.

Should hear something from CA this week, they could be slowly topping up and planning the next move, too much at stake for them here both reputation wise and financially.

Or on second thought, could all be the result of HUR Executive Team’s “Cost Management Initiatives” essential at this critical time to save as much money as possible, and as one item, particularly since the executive team have absolutely nothing to do this year, they’ve significantly reduced executive salaries as one “lead by example” company initiative, lol.

Maybe they were buying CBs at a large discount (or accruing for someone else to buy on their behalf), and so the reason for recent big upticks in bond prices, although with this bod, I doubt that very much, nevertheless, any notable changes in Production would have had to have been communicated by HUR via RNS, so can’t be that.

“"Why would CA be buying so heavily in this case??"”
“The fact that they are buying means they do not have any material information that the rest of the shareholders don't have.”

So CA are “buying so heavily” and Kerogen are not reducing their large stake here at all here because they “do not have any material information that the rest of the shareholders don't have.”, lol, I can accept that they may or “do not have any material information that the rest of the shareholders don’t have” but certainly NOT that then they would be buying and significantly increasing their stake for this very reason as it’s just not logical, DYOR!

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“Production efficiency during the first quarter of 2021 was 95%, exceeding the Company's planning assumption of 90%.”.

“"Remember the POO is now at $67"

You'd think the BOD would make more of this very important fact given HUR's circumstances, they don't even ever mention this positve!”

Albie, well noted, regrettably IMHO, rising Brent prices and CA activism are the two things that didn’t fit the suspicious negative only agenda of this destructive HUR board, and by the looks of it, they were not expecting either and were taken by surprise on both events, which were actually 2 very positives here for HUR shareholders!

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Good Post RB2, highlights HUR executive team’s overall non-action here regardless of CPR authenticity.

Good to get an RNS here tomorrow with latest updates on HUR production & net-cash??

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“I have a feeling that CA are not done buying yet.”, and so do I which is great, CA’s huge buy in so far is essentially Outstanding news for HUR shareholders IMHO.

Good analysis slipanchor, very much looking forward to a potential EGM here to replace this unusually unprofessional, incompetent, suspiciously do nothing but CYA, and possibly corrupt executive team.

Looks like decent trading volume here again today, wonder who are the buyers but could be time to join CA and push the HUR Executive Team for long overdue change here while still remaining confused with the BOD agenda!

Well to be fair, you do need help slift!

"You only lose money when you decide to sell."

Of course an old saying implying that it ain’t over till it’s over and true to some extent but in HUR’s case and with today’s internally manipulated ultra low SP, I believe it to be more true than ever and crazy to sell here at these levels, although, admittedly shareholders are dealing with a completely useless executive team at present, however upside potential here now by far outweighs any downside risks, all IMOO.

If PoO continues the bullish trends predicted by most analysts, HUR with it’s increasing net-cash, can easily repay bondholders before 24 July 2022 and still have cash/assets left that will be worth north of ~16p+ at the very least, and if the BOD also actually decides to do some positive work for a change, then likely much more than that, DYOR.