Member Info for DusterMan

Those big prints today are most likely worked block sales from GIC, over the last weeks...I guess we might get a TR1 rns soon. Either way it's good news. Definitely that's what's been weighing on the sp depreciation....a big seller out can create some serious upside. So im patiently waiting and buying the dip. Positive signs today

Lots of excellent information on this thread bellow..well worth a look, absolutely massive upside potential here.

https://twitter.com/JohnHar49505586/status/1510178250240184324?t=UJogkWgj87yqHORLLc0qYA&s=19

I think your off the mark a little. The second Q2 should be much better than Q1. The average oil price so far is much higher in the 2nd quarter. So if 600m was paid down in Q1 then 800m is certainly possible for Q2. I'm expecting debt to reduce to 1bn or bellow in Q2....and if oil prices remain in range from $100 to $125 throughout the year HBR should be debt free by before Xmas. Some fine achievement that would be...

Yes HUM finished up nearly 10% in the US

https://finance.yahoo.com/quote/HUMRF/

JohnLewis knows nothing, his comment was childish like. I just hope nobody listened and sold. Stupid person

Potash price is up nearly 200% from just last year. Just imagine the kind of profits Kola will be generating.

Last year Potash prices where approx $200 a ton and now they are $560.
2.2 million tons a year @ $200 = 440 million a year
2.2 million tons @ $560 = 1.2bn per year. Obviously we can only guess future prices...but wowzers imagine the market cap potential here..

In the 22nd April RNS it also stated EPC within 2 months. News should definitely land soon...I too wasn't expecting it exactly today....its been going on for years this deal so days really don't matter at this stage. Hopefully we get the news we want that's what's important. The world needs this deal to happen and Potash prices are up nearly 200% from last year. Patience

Jamaica is currently priced in at zero...I think that this will change very soon :))

Yes I agree but think $1bn is achievable due to much higher oil prices in the second quarter...and if the high oil prices continue the debt free by year end... some achievement that.

100% The GIC whale selling the sp down. You can virtually tell when there shares hit the market. The sp is low absolutely because of this reason, however the whale is running low on blubber and will soon have nothing left but bones. That's when HBR will fly high....ive seen it a 100 times once sellers clears before....just wait and add during this exceptional opportunity. No need to scratch heads and wonder wtf... as this is what's going on...patience

$26 million per day revenue

Don't talk rubbish...that's a complete lie...no way would they discuss that info with you...lol

It's the whale GIC manipulating this....its not got much more blubber to shed before its just bones....so hang in there :)) I grabbed some more also @ 3.82

It's mostly because we had a whale GIC constantly selling into the market. However soon the will be out and fair market conditions should return. Once they are out this should move up nicely. I predict they will be under 3% soon....not long to wait now until the whale turns into a little tiddler. The can only sell what they have once :))

This communist tax is a shame on our shambles of a government and demonstrates they dont care at all about capitalism. The sooner out the better...in the meantime HBR just need to not show huge profits and use them to pay down there debt faster and increase capex spend in the UK. Just bring these thing forward. The capital spend anyway is 1.3 billion this year in the UK alone..

It's not correct SK, even you should able to work that out...lol

HBR are lucky in respect they have the option to spend billions in there UK projects to offset a big chunk of this tax, they already plan to spend 1.3bn in the UK and could increase that amount ( also they can use profits to pay off the debt faster & invest even more in the UK as they are planning anyway )….it’s the companies that are milking it but spending minimum amounts that will get hit the hardest.
HBR will have the best accounts to work this out.
Yes it’s not ideal but I think the reaction and drop from £5 is ridiculous, but that’s the market for ya, the snap back can be just as quick. An update to clarify this from HBR would certainly help :)
Personally I will be adding even more next week as I did near the close today.

Harbour's full year 2022 total capex guidance of $1.3 billion is unchanged with the majority of the spend in the UK. This is an increase of c.40 per cent when compared to capex levels in 2021.

We will getva tr1 soon GIC bellow 3%

Big chunky buys coming in...its not surprising really