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HUR’s immense assets have lots of forward potential as do their stated proposed plans, as oil prices increase and plans start to turn into reality, SP here will also massively re-rate north and much closer to reality, Shorters should indeed be extremely nervous this year IMO.

This will very soon be back at ~10p+ and then much more as oil prices sustainably increase and forward plan funding discussions conclude.

And as always, also additionally worth noting that absolutely nothing has changed here since 11 September’s strangely brutal kitchen sink RNS/Update, only thing is that apart from a significantly increasing Brent price, HUR SP is now lot more attractive, oversold, and undervalued than ever before! HUR market capitalisation based on forward potential of current extremely prolific assets/acreage, production, and overall fundamentals is a screaming buy here IMHO, and please certainly DYOR.

I concur.

Nevertheless, also additionally always worth noting that absolutely nothing has changed here since 11 September’s strangely brutal kitchen sink RNS/Update, only thing is that apart from a significantly increasing Brent price, HUR SP is now lot more attractive, oversold, and undervalued than ever before! HUR market capitalisation based on forward potential of current extremely prolific assets/acreage, production, and overall fundamentals is a screaming buy here IMHO, and please certainly DYOR.

As already highlighted by some here, HUR’s present valuation is not at all a true representation of company’s prolific acreage/assets, licenses, production, M&A potential, tax credits, cash in bank, and overall potential on many aspects, hence IMO, once HUR’s forward plan funding details has been agreed in coming weeks, it will provide a sea change in sentiment here and thereby, rapidly bring about a long overdue massive positive upward correction and follow on momentum thereafter for the currently much oversold SP towards lot more realistic levels.

“Oil to hover above $60 in 2021”:

https://www.google.co.uk/amp/s/www.hellenicshippingnews.com/oil-to-hover-above-60-in-2021/amp/

IMOO, potential/high PT here this year for HUR SP could be in the circa 30p+ region as also suggested by few others, DYOR.

The huge acreage that HUR assets/licenses currently cover (much of which is still unexplored/undeveloped), and as also evident per the IHS Markit maps of this particularly prolific area could provide massive forward opportunities for HUR, hence, there is high likelihood in the potential for further exploration success and productive drilling campaigns here, it is in the interest of both HUR bond holders and shareholders (major & minor) for HUR to succeed/thrive as a company in a potentially improving oil price environment where demand could far outweigh supply going forward (especially as some major bond holders here are also major shareholders). HUR still also has fairly decent cash, enormous tax credits, and robust setup for future utilisation to make this extremely lowball, oversold, and kitchen sinked SP a massive potential Multibagger longer term, patience here as in any investment will be key, all IMOO, please DYOR, and GLA.

HUR can easily be the U.K. markets massive Multibagger of 2021, already priced in for Armageddon and much more, and with it’s new management leaving no stone unturned to discredit the old guard in order to start their reign all fresh this year, and hence at this unrealistically lowball company Market Capitalisation, upside potential here by far outweighs any downside risks, particularly when looking at enormous potential in company’s rich assets/licenses, huge tax credits ready for utilisation, decent available cash and equipment.......all within the present bullish looking crude oil environment where upcoming demand will likely be way higher than potentially very tight supplies for years ahead, IMHO, DYOR.

Always worth noting that absolutely nothing has changed here since 11 September’s strangely brutal kitchen sink RNS/Update, only thing is that HUR SP is now lot more attractive, oversold, and undervalued than ever before! HUR market capitalisation based on forward potential of current extremely prolific assets/acreage and overall fundamentals is a screaming buy here IMHO, and please certainly DYOR.

“Oil Stockpiles Fell 6.065 Million Barrels Last Week: EIA”:

https://m.investing.com/news/commodities-news/oil-stockpiles-fell-6065-million-barrels-last-week-eia-2377470

So long as HUR retains it’s current unrealistically low market capitalisation, manipulation of the SP by various players here may continue for a while but I am also of the firm belief that once funding technicalities for the proposed forward plans are agreed, SP here will very soon be back up in double figures.

Always worth noting that absolutely nothing has changed here since 11 September’s strangely brutal RNS/Update, only thing is that HUR SP is now much more attractive, oversold, and undervalued than ever before! HUR market capitalisation based on forward potential of it’s extremely prolific assets/acreage and overall fundamentals is a screaming buy here IMHO, and please certainly DYOR.

Absolutely nothing has changed here since 11 September’s strangely brutal RNS/Update, only thing is that HUR SP is now lot more attractive, oversold, and undervalued than ever before! HUR market capitalisation based on forward potential of assets/acreage and overall fundamentals is a screaming buy here IMHO, and please certainly DYOR.

spike501, O&G M&A for the purpose of exploration in the North Sea is now significantly on the up, particularly, since there has been hardly any investment there since late 2014, supply/demand fundamentals post the COVID-19 will drive crude prices much higher from these levels, from your 100% nonstop/all day negative only nonsense posts, I assume you have a short position here but HUR can turn other direction any day even on a whiff of funding positives here.

“they have already warned that the price has a lot further to drop.”
@goldust88, Who is they? Please substantiate this unsubstantiated and extremely illogical (in any stock market) statement! And what has this got to do with BOD/Executive Team buying shares? Please enlighten us?

@slift, once closed period has ended here, whenever that may be, BOD/Executive Team can certainly add/buy further shares to show strong commitment going forward, nothing in AIM rules preventing that, as for timing, only BOD can decide, so not sure what you are on about here by providing a textbook links?

From what I gather by this trail, it is now more of an expectation rather than knowing/having any information here, HUR shareholders currently anticipate that if the closed period is over (which could well be now that the Planning/Updates RNS is clearly out), HUR BOD/Executive Team should subsequently show confidence in their proposed plans by buying/adding to their stake in HUR, hence fingers crossed, expecting news on management stock purchases here within the next week, and if so, HUR SP will no doubt, massively respond in a very positive manner from present extreme lows on any such updates.

Elephant in the room here is the price of Brent which is now ~USD $52.30 and rising which can significantly influence the way things go at HUR, particularly, if this upward momentum continues with an uptick in global demand as Vaccinations progress, positive impacts of a rising POO here can certainly not be ignored.

“ Lets hope this RNS was the last of this type!”

Indeed I also believe it will be “the last of this type”, and believe management today wanted to lay every possible card on the table and hence, showed extreme honesty/transparency here, now only way should be up from here onwards, and Brent at USD $52+ and gaining momentum will certainly very much help a producing company like HUR going forward.