Member Info for easyp

Progressing......always progressing towards the mine being constructed but quite getting there!

Hi Flundra apparently they are looking at it.....
https://www.lse.co.uk/news/india-govt-to-study-vodafone-arbitration-case-award-g3eb3jy9f5aufwp.html
I would not be surprised if they refuse to cough up the full amount, expect similar here in a few weeks!

54 minutes into trading and LSE still showing this as 12% up. Why is it not correct?

So this morning I purchased 20,000 more, not a great price 9p and with an 18% spread.....thieving market makers.....the sp now up 2.94% despite the fact this business is sat on cash, no debt and a steady trickle of business coming in.

Up 12% at the mo hoping for a bid in the next couple of months.

My average 5p so reckon not much better than break even with a bid on HUR but who knows?

Great, another kick in the nads for those of still holding on.

Well one was issued today but not the one I had hoped for....

Just a thought.....and if so why? What is coming over the horizon a low ball bid?

https://markets.ft.com/data/equities/tearsheet/profile?s=HUR:LSE
38% is in the hands of institutional investors, yesterday a large investor CAA increased their stake such that they are and HL now own 20%. So how much debt, how much cash and is the production rate holding up? A bid is clearly on the way imo but not one that is going to be of much comfort to small private investors. My own average just sub 6p so maybe worth holding on we shall see.

Back on board, like the entry price and possibilities.

Brent trading at $41 a barrel and I would have more respect for brokers notes if they had predicted the sp drop from 7p to 2.6p a month ago as that might have saved me some money!

I bought a small number of shares yesterday at 71p having discussed doing so with a nephew who had worked as an account manager at MTRO. While the sp may well fall further given the state of the UK and markets I think this is a reasonable entry point. I hope that this bank will get swept up in a wave of deals as small and mid sized players combine into larger financial entities. I do not see this as a cert more a calculated punt.

Holding and awaiting that RNS with some good news over the tax case. Should it now be on my Christmas Wish List?

But good or bad Nolo? I had hoped for an RNS re the FDA and Phase 3 trial protocols etc.

Ermmmm could I not say the same of BP? They were trading at 233p this morning a price last seen in 1995 apparently.
I bought 20,000 HUR as total punt to add to the 30,000 in my wife's fund. It is either a sell at 50% loss kinda punt or wait until it is 100% up, no half measures with a tiddler like HUR.

I tried to buy a few more on HL who do not appear to have woken up yet so left a fill order at 27p. Regardless of what the sp does today in a year from now the more outspoken posters here will be kicking themselves for not having accumulated at sub 30p.

As long as they can average that for a few years then the sp will recover and bigly. If the flow rates improve or the estimated recoverable reserves go up then happy days. But right now this company is hanging on by its fingertips.

Well one more tired and desperate investor bailed out today!

P1D yes, ideology and idiocy are blocking the permits to start mining imo! Trouble is the average Spanish politician so full of machismo that they are very reluctant to admit they got it wrong by believing the Eco propaganda.

In 2019 CNE average production was 19-23,000 bopd.
https://ukinvestormagazine.co.uk/cairn-energy-swing-to-profit-across-2019/
HUR is comfortably producing 12,000 but trades at 3p......seriously?
The financials are not that different so why 3p here and 140p at CNE?