Member Info for DusterMan

Gas prices should rise soon. That's what the chart is telling me....let's see :))

https://www.telegraph.co.uk/business/2023/01/24/windfall-tax-raised-25pc-less-forecast-december-official-data/

OMG OIL AT $86...sell sell hbr sell...lol

PE ratio of HBR is just too low...I sold FRES recently just under a £10 with a £6.80 entry..same going on with that back then all the idiots saying its doomed. All monies here now here...patience will pay....ohhh and when the price does rise the muppets always dissappear..lol

In 2 months another 300m should be wiped off the debt...leaving appox 500m to go. Keep the share buybacks going @ 100m a time. It will pay in the long run. HBR should be near enough debt free by mid year.

I think shorts are unwinding, the latest HBR update probably was decent and they were probably hoping for something much worse. They can't short forever and they have made enough. So why risk it? Oil moving up, gas will do the same....HBR's production is high & hedging is starting to unwind. Let's see if any have reduced in the next days. I think so :)

Do we think there is a possibility of mine closure here?

I hope the shorts get fried. Decent update.

It's a fantastic bit of business & puts UOG in a great position financially:
They can pay off the small remainder of the BP loan now and have no debt at all. 1000bpd coming in. Plenty of cash in the bank, share buybacks, any kind of Jamaica news could be a game changer and i reckon thats the target now. Maybe 2 rigs this year to increase production in Eygypt. Its got to get better from here one would think. Its a tiny market cap and an absolute bargain...wowzers :)

Fantastic news...so cheap UOG. Now its time to up the production & get the buybacks going

Lovely RNS...desperate posters who have missed the boat will soon disappear...lol

Some good news. Well done & keep it up :))

The trend is your friend :))

Hopefully I caught the bottom today…let’s see :))

We should see some juicy broker upgrades soon due to the high PM prices and big ramping up @ the new mine...Great timing btw

It seems like a breakout is in progress :))

Step by step up the mountain :))

Step by step :))

Could they be interested in Jamaica? News today that they will no longer invest in the North Sea due the the EPL tax. Jamaica would be a perfect drill ready option to diversify away from the North Sea…a $40 million drill is nothing for HBR.

Shorts need to be out before then, as I believe the results will be outstanding. They have had there feed & done well. So cash in and sod off :))