Member Info for Edwina

Close to half of revenues is from gas so shielded from the volatile oil price.

I'm expecting a cut to the development budget and a tender offer to buy shares back, or a share buy back at these prices. The current hedge book covers the development expenses so if that was minimised the extensive hedges in place would go direct to the bottom line.

Hunker down and protect the £270m cash. £70m market cap! Ludicrous value with a very proactive management team set to release results in a few days. The bounce will be swift and virtually untradeable.

Cash was stated as £270mill in the last RNS but in the last interim results dated Sept I can only find £80m on the balance sheet. Could someone be so kind as to point me in the direction of the £270m. Sorry to be a pain.

Not much to Buy. And not much to Sell. I.e. Market makers seem to have an even book. Looks like the market maybe back to natural supply / demand metrics rather than a huge sell order on there books. Positive developments!

not sure what your on about Phoebus. I can sell 100k at 64.25.

NT to buy. VWAP around 75p. Low volume on the drop from 70 suggests MM's are playing games trying to get ppl to sell lows. Plenty news in the pipeline

half 9 capitulation. Normally happens between now and 10am. Pretty regularly.

"This is obviously just the beginning of our journey to unlock the block's full potential, which, following these initial discoveries, we hope to demonstrate through an updated CPR in the coming weeks"

Buying some

Every year around 6th Dec.

Yes, lets all listen to the all knowing brokers. Saying prices will continue to fall even though they've already dropped 35% in the past few months. Very predictable.

Response to Media Speculation

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relation to the 204/30b-4 ("Warwick West") well.

The Company notes the media speculation regarding the Warwick West well. The well is due to commence testing soon. The timing of testing is weather dependent. As such it is far too early to make any conclusions as to the success of the Warwick West well.

An update will be provided once testing commences and on the completion of well testing.

-------------

In other words, they have found oil, just not too sure how much!

The interviewer asks: "you invested back when it was at 5p, you'l be expecting a multiple of that".

He invested 10 years ago, when there was not even 150million shares in issue.

Today there are 2.5 BILLION shares! Back down she goes.

Sell the News

Check my historical buying record for timing :D

Capitulation at its best.

Can someone explain what has changed since July 31st when this share was 5p and everyone was expecting to be diluted to high heaven? Been away on holiday, thanks

"The allegations are based on actions that occurred almost exclusively prior to Indivior becoming an independent company in its demerger from Reckitt Benckiser Group plc at the end of 2014."

"Cash at H1 2019 is expected to be approximately $985m."

Net cash over $800m, market cap of $400m.

Good level to be accumulating.

Wasn't Astra Z supposed to sort out the funding prior to the end of June. Anyone have news on that? Thanks

Im Fully loaded at £1 thanks very much. As posted here a few days ago.

Good luck with your attempted deramping reentry price. Not sure youl get it much below £1.2 tbh

After this comment:

"RNS on placing basically saying it is that or bust...so I am not sure the auditor will sign the accounts until it completes, which means stumping up cash blind."

What is your target entry price then? LOL

These are the type of people on these boards (Thunder2040):

One day they say:

"I am happy for holders tgat got this rise in last few days but I missed it. Just did'nt want to risk the dip on any discounted placing. After that raise is sorted I will look to buy in."

The next they say:

"expect this to now go down."

Trying to deramp to buy in cheap. All i can do is shake my head at the derided pernicious nature of these boards.

Personally very happy the placing was not below £1, these will be trading at £2 once the short termers have left. GLA