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You/We wish......charts not encouraging (50 & 200 day averages) or the price of gold.
I fear SRB will bump along at these levels until US $ falls and Gold Up.

Certainly seems to be resistance at 100p but do not understand why? Notwithstanding the WMH deal and debt this is still a sound business imo but not going to buy more shares just yet.

This could be another Poseidon Nickel boomer but with no bust as the geology and mapping so much better.
Australia seems to produce one or two epic mining stories every few decades.
https://en.wikipedia.org/wiki/Poseidon_bubble

"Net debt of $1.1 billion as at period end; continue to expect to be net debt free in 2023"

Very good news imo. HBR should be nudging 500p a share by Q2 of 2023 but that is just my opinion.

Time to buy?

All very nice and optimistic but the share price has tanked. The CEO needs to get off her ass and go promote the company to institutional investors ffs!

Wow!

Shaun Bunn, Managing Director, said: "I am delighted to provide an update on our emerging Giant copper exploration project at Pitfield, where geochemical mapping has confirmed high background values of copper, silver and other base metals across almost our entire licence area.

While CA has 28.9% the small investors have some influence providing we hold our shares and lobby Management to ensure a fair offer. I was pleased that they rightly said No to 7.7p! The longer we wait the more HUR holds in cash.

From the FT Portfolio Data on HUR

"The 4 analysts offering 12 month price targets for Hurricane Energy PLC have a median target of 8.72, with a high estimate of 13.08 and a low estimate of 7.85. The median estimate represents a 28.21% increase from the last price of 6.80."

I intend to buy some more HUR shares. Why? Oil prices rising, signs of change in China and very soon no more Russian Oil. At this price the shares are trading at net asset value despite 9,000 bopd coming ashore at $90 a barrel.

Maybe not! Hope an upwards trend emerges.

Shocked, been playing elsewhere but have not forgotten MTR so dropped in on the board to check out the sp and posts.

WTF happened? When I stopped looking you were at 19p and expecting good news. The news not all bad yet the sp down here for some reason despite copper being a hot commodity.

And this also thanks to the FT this morning:

"Global plans to electrify economies and cut carbon emissions could be slowed down by copper shortages, the head of the world’s largest listed producer of the metal has warned.

Richard Adkerson, chief executive and chair of US mining group Freeport-McMoran, said surging global demand for copper for the rapid rollout of electric cars, renewable electricity and power lines would cause a shortfall.

“There is going to be a very significant shortage in copper,” he said. “It’s going to be very difficult to meet the aspirations that have been set.”

Copper is crucial for “greening” the economy because of its ability to conduct electricity. An electric car can use three times the amount of copper as a combustion engine counterpart, while renewable energy projects tend to need five times the volume of the metal as traditional gas, coal and nuclear power plants.

Worth subscribing to the FT: A Copper shortage looming......

"Global plans to electrify economies and cut carbon emissions could be slowed down by copper shortages, the head of the world’s largest listed producer of the metal has warned.

Richard Adkerson, chief executive and chair of US mining group Freeport-McMoran, said surging global demand for copper for the rapid rollout of electric cars, renewable electricity and power lines would cause a shortfall.

“There is going to be a very significant shortage in copper,” he said. “It’s going to be very difficult to meet the aspirations that have been set.”

Copper is crucial for “greening” the economy because of its ability to conduct electricity. An electric car can use three times the amount of copper as a combustion engine counterpart, while renewable energy projects tend to need five times the volume of the metal as traditional gas, coal and nuclear power plants.

From the FT:

"The battle between Asia and Europe to lock in gas supplies is stepping up a gear, heightening the risks of a further surge in prices that would add fresh fuel to the cost of living crisis.

Japan and South Korea, the world’s second- and third-biggest importers of liquefied natural gas, are looking to secure supplies for the winter months and beyond, out of fear of being priced out later in the year as Europe’s demand increases, according to traders.

The intensifying competition from Asia comes at a time when LNG, which is shipped across the sea in giant tankers, is in high demand as Europe attempts to replace natural gas delivered through pipelines from Russia. Natural gas prices in Europe are already up almost five times from a year ago, which has sharply increased energy costs for consumers and dealt a painful blow to utility companies."

Hold SQZ and wait for the weather to turn cold.....

Obtaining mining permits in Africa is often $low and politically risky so I would like to see that cleared ASAP.

Sweden might yet prove to be the game changer imo.

Is just one of several large players keen to own better copper resources. Recession or not the world needs more copper.

"Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) reported Thursday that Q3 production was broadly flat from a year ago, as lower copper output offset a ramp up in coal operations and a strong performance at its De Beers diamond unit.

Anglo (OTCQX:AAUKF) (OTCQX:NGLOY) said Q3 copper production fell 6% Y/Y to 147K metric tons, citing planned lower grades at its operations in Chile and unfavorable ore characteristics at Los Bronces, partly offset by first production of copper from the Quellaveco project in Peru."

From their recent results.....copper not doing so well.

Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) reported Thursday that Q3 production was broadly flat from a year ago, as lower copper output offset a ramp up in coal operations and a strong performance at its De Beers diamond unit.

Anglo (OTCQX:AAUKF) (OTCQX:NGLOY) said Q3 copper production fell 6% Y/Y to 147K metric tons, citing planned lower grades at its operations in Chile and unfavorable ore characteristics at Los Bronces, partly offset by first production of copper from the Quellaveco project in Peru.

No News = Snoooooze!
Come on AURA any progress in Sweden?

Yes he needs to go but not convinced we here have the power to shift him.
Crystal Amber Management.....yes, so why is our CEO still here?
Possibly a deal imminent?
I take consolation from the current NAV which I suspect is the same as today's share price.
After a few more uploads what price then?
Perhaps CRS take the same view and are willing to wait?