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Confidently have just topped up, and fully agree that only way is now up from here, GLA

Fortune favours the brave “and patient”, time to be both here in HUR IMOO.

Interestingly, my bet is on ~4.75p.

And will go up much further with rising oil prices.

And Noteworthy Here:
“While no firm decisions have been taken, the Company has focussed on the location, operations planning and execution in 2021 of a new production well in the central "attic" high of the Lancaster field, by re-entering and side-tracking the existing 205/21a-7z well. This could add meaningfully to the production capacity from the existing 205/21a-6 well, accelerate production of existing reserves, and, depending on oil price, materially improve near-term cashflow generation.”.

And very confident on the path ahead.

GLA.

Great rewards await patient investors only.

HUR SP is simply way too oversold/undervalued at present, so even a hint of positives here from management updates will significantly boost the now very much suppress SP within a fairly short period, fair value here is nothing less than double figures IMOO, DYOR.

Good RNS Updates (and post the last kitchen sink here, expecting nothing less), SP should fly into double figures ASAP and closer to fair value, so 10p+ here by year end, IMOO.

Extremely low volume today, may improve during afternoon trading but certainly will post hopefully positive company/forward plan updates ahead.

As I mentioned the past couple of times when this exact same point was raised last week, I believe the contrary to be true here, particularly with Brent on the rise and gaining momentum thereby, significantly adding further ammunition for any potential planning and/or negotiations by HUR. Hence IMO, no news so far is actually very good news; diligent forward planning, particularly in the offshore O&G sector takes time and should certainly not be rushed, all the signs from the new seemingly more proactive and operationally experienced CEO/Team are that things are moving in the right direction here with HUR, and at current company valuations, I see massive potential returns here going forward, of course IMOO, DYOR.

Brent gaining further momentum, at circa USD $50.60.
“Oil prices rise on vaccine hopes, ship explosion at Saudi Arabia”:

https://www.google.co.uk/amp/s/www.cnbc.com/amp/2020/12/14/oil-markets-coronavirus.html

@ Captain, you raise valid points but also don’t forget that markets are very much forward looking, and if HUR plans are generally perceived as positive, SP here can move up extremely fast, particularly from these seemingly much oversold valuations, IMOO.

As I mentioned the last time you raised exact same point during this week, I believe the contrary to be true here, particularly with Brent on the rise and thereby, significantly adding further ammunition for any potential planning and/or negotiations by HU. Hence IMO, no news so far is actually very good news; diligent forward planning, particularly in the offshore O&G sector takes time and should certainly not be rushed, all the signs from the new seemingly more proactive and operationally experienced CEO/Team are that things are moving in the right direction here with HUR, and at current company valuations, I see massive potential returns here going forward, of course IMOO, DYOR.

@ DireEmblem, did they really, write down 90% of the huge areas (some of it still unexplored!) where their current assets/licenses lie? Either you are not so clever or disingenuously interpreting things to suit your position which is evident from much of your posts. Maybe even Brent is still at $30? Anyway, HUR assets/licenses cover a massive area within a very prolific region (please refer to IHS Markit maps on same), some of which has not been properly explored as yet but has huge potential, there is also of course the CA theory on potential reserves based on which they have further invested in the company, and higher Brent prices will now certainly help, let’s now simply await the company updates this month and let the markets judge/decide the rest.

Brent at $50+ while gaining further momentum ahead is going to significantly assist HUR with any potential negotiations while planning (or incase of M&A/possible takeover bids), future here at HUR, including possible further exploration potential within HUR’s vast/rich acreage is already looking much brighter, extreme undervaluation here clearly speaks for itself, IMOO.
GLA

Expecting to close well above 5p today, let’s see what happens in the mad closing rush here today in the currently way oversold HUR.

Brent/Crude looking extremely bullish

On the contrary, IMO no news so far is actually very good news; diligent forward planning, particularly in the offshore O&G sector takes time and should certainly not be rushed, all the signs from the new seemingly more proactive and operationally experienced CEO/Team are that things are moving in the right direction here with HUR, and at current company valuations, I see massive potential returns here going forward, of course IMOO, DYOR.