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What is the Net Asset Value of POS and how does that reflect on share price? Are we trading below or above NAV?

Second question could our technology be regarded as ESG because it reduces or eliminates methane leaks from Wellheads?

ESG maybe a stretch but the orders are welcome.

Take a look at the 5 year chart for HUR....
A punt here is risky but the potential returns v high.

A very nice Christmas present from POS, news of an order.
Hopefully 2022 will see more orders, more cash in the bank and a sp several multiples higher than opening price this morning.

So existing north sea oil assets now more valuable?

Matt Oliver DT
NEW North Sea oil projects will only be approved if ministers judge them to be compatible with the drive to net zero under rules proposed yesterday.

Developments will have to take into account the plan to slash carbon emissions by 2050, according to the proposals, as well as whether fossil fuel companies are reducing their own emissions.

Missing the point imo, why has the sp tanked this morning? If someone was trying to steal HUR from its shareholders 12 months ago or less what makes you all think they have given up? Who is selling and why? I suspect a pre Christmas tree shake but it might be a combo of RNS and low liquidity, AIM is murky. What next? A disappointing tech report in early 2022, sp collapse and then lowball 3p bid? I had hoped to see Christmas at a solid 4.5p or higher.

https://www.lse.co.uk/rns/RR./rolls-royce-and-qia-announce-nuclear-investment-zy3f0ghe5jj18ge.html
The money coming from Qatar and going into the Rolls Royce Small Mod Reactor Prog....very encouraging news imo. Uranium will have a good 2022 and Aura a ripe takeover target going cheap.

https://www.lse.co.uk/rns/RR./rolls-royce-and-qia-announce-nuclear-investment-zy3f0ghe5jj18ge.html
Qatar backs the RR SMR programme. Sadly Oman backed BKY who in turn relied on Spain to behave like Europeans. I will invest here when Spain is run by a more sensible government the current eco idiots are worthless.

#metoo.....but this is AIM and companies are often driven/managed by total shysters.
Learn from it and avoid any business where the usual suspects are involved, use social media to spread your opinion on their competence but avoid libel.

Draft, in what has been a ****year for IMM ANY good news is most welcome.
Hoping for P3 underway by mid 2022 and sp way higher than starting price this morning.

Once HUR has paid off all debts what might its value be simply as a cash and tax shell for another company?
Might there come a point next year when the oil production is almost irrelevant to an accountant looking at the bigger picture?
It sounds crazy, maybe it is? But the current market cap might be crazy too?

Hopefully the joint research project will lead to more contracts and a higher sp.

Highlights

· Strengthened relationship with Cameron with the expansion of the scope of the existing non-exclusive surface wellhead licence agreement.

· Variation Agreement extends the territory of the licence to worldwide and increases royalty rates for the expanded activities.

· Agreement is in line with Plexus' strategy to create a portfolio of revenue streams and builds on other agreements with blue-chip organisations.

"As of 30 November 2021, the Company had net free cash(4) of $127 million (which includes amounts receivable in respect of the cargo lifted on 30 November 2021) compared to the last reported figure of $99 million as of 31 October 2021."

And the market cap of HUR is how much? The shares trade at 4p? Why, what am I missing?

Levs, we need some good news and quick! Getting tired of the slow but painful drop in sp, today another slide for no apparent reason.

Added 70,000 via HL for pennies, well just over 4p, which I thought a good deal. Plan to take some profits around 10p.

Considering re entering the fray as I sold a while ago in frustration at the slow progress then watched the sp bump up a few months ago and now see it back at £10. At this price it seems tempting but why the up and then down over the past 3 months?

I ignore the background noise and focus on the daily oil prod, prices achieved and debt reduction hence believe that HUR is due a significant re rate in sp.
Black Swan events? The reservoir starting to fail, declining daily averages or an engineering problem which stops production. Intend to add more today.

Swill, wild maybe but this mornings RNS is interesting. Who knows? I am just perplexed and irritated when they make statements like this:
"888 has a clear strategy to be a global leader in online betting and gaming by building market-leading positions in attractive regulated markets, driven by proprietary technology, product leadership, leading brands, and marketing expertise." after buying the WMH betting shops! It may be that even the shops have some fit into this strategy and once the customers are online the shops might get sold off?
Hopefully todays RNS will bump up the sp.

Open Pit Good.
The grades not that exciting.
The quantity of recoverable ore good.
Overall, I feel cautiously optimistic but I do not see this news pushing the sp through 30p anytime soon. A bid perhaps.

Like I said....who knows with this market?