Rumour, Momentum and a little news18 Sep 2021 16:13
I added recently and now hold 250,000 shares which are just in the blue but, I did lose money when stop lossing on the way down so need to make a bit more money here before walking away.
Given the number of daily trades, the BB buzz surrounding HUR and little more positive news I believe we could see our sp sail up to 4p in a week or two from now. I think a probable future outcome is that the two principal shareholders make a bid to take HUR into private ownership on the cheap if the geology and engineering look good. If it is not that great then they will pay off the debt and recover their investment plus some profit.
With a new board and 11,000 bopd I feel optimistic about the future for small private investors.