Member Info for Dr_Kaboom

Not cash generative enough to pay bondd though. Hence, most likely scenario is that current shareholders will be wiped out, due to HUR inability to repay debt.

Lookslike other parties will reap the benegits of any valued assets. Current shareholders more likely to be wiped out.

Ley's say there was the slightest chance of a bid. Bid will pribably just be enough to repay bonds, leaving a big fat 0 for shareholders.

At least, SXX had a bid. In HUR case, shareholders are likely to be wiped out by the bonds.

Imagine Ker dumping all their shares on the market. Also, they are unlikely to be able to repay CBs. Game over soon?

Hahaha, rampers getting so desperate.

Wow, the guy was only appointed in June and he has resigned already. Rampers will claim this is positive but we all know constant resignations show how bad things are at HUR. Game over soon?

Dr Parsley is a geologist with over 50 years' experience in the oil and gas industry, primarily at Shell where he held senior positions including Global Head of Exploration, Head of New Business Ventures and E&P Planning, Chief Executive of Syria Shell and Chairman of Shell Australia.

This is hardly positive. No viable offersbin the short term. FDP in 2021, so no funds coming from Kenya in short term.

That’s after the farm down process “did not result in any viable offers,” according to Madhan Srinivasan, Tullow’s managing director for Kenya

Read more at: https://www.bloombergquint.com/markets/tullow-reviewing-kenya-operations-after-suspended-stake-sale

Turnover down by 30% while PBT down almost 77%.
Most metrics look ugly, except for cash.
Guess yesterday RNS was an attempt to inflate the share price prior to these dreadful numbers.

Brent futures currently down by approx 1.5%

You need not worry, investor. You will 100% get the chance to top up below 20p. Unless, that was just a desparate rampy post.

So, exact cause of the incident stilk yet to be confirmed and another two weeks to repair TSF4. At least, they can use 3.2 in the meantime.

Dividend still not reinstated because of the incident.

Looks like game over soon. Expenses are more than cash balance, even after disregarding the debt. Very likely equity will be completely wiped out. To be hinest, not much equity left anyways.
10% traders are out in force.

Nothing really new in the RNS this morning. They could easily have combined it with the one from last week. Unless, they are trying to pump the price to do a placing. They do have cash for the time being but will that cash pot last with the new office, new recruits and sudden drop in income since March? Placing soon?

Listened to the call just now. It appears they have lots of interest in the assets already, maybe even offers. However due to their situation not being a secret, these offers do not fully reflect the value of tge assets. Hence, reason to explore other options.
Certainly sounds very i teresting and with Caitals Day soon, i will start buying on Monday. New guy sounded impressive.

I hope you guys do know that the published contigent resources are inclusive of the Mesozoix sandstone. Listen to Dorothy confirming it during the calls.

Maverick, keep adding. At this rate, you will be the sole holder when shareholders get wiped out.

I doubt he knows the difference between gas export and gas injecrion/water injection. Joke

Wwter injection will cost 70 to 80million dollars anyways.