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@Tux, Yes, filter is a bliss, and although I’ve only found it necessary once or twice here to use but this was certainly one case where the bb was being clogged with rubbish one sided nonsense posted multiple times daily by bobton and paymasters.

HUR has a very bright future, especially from these much undervalued levels, and as with any investment, patience is key, GLA.

Personally, expecting the Bluewater extension news here circa next week, otherwise certainly during current month along with few other updates from the new BoD.

Extremely low volume trading here again today and hence very very easy for MM or anyone to manipulate the SP on the day, good time to top up while awaiting for the newly appointed HUR BoD to finalise/announce their forward plans on which rallies are undoubtedly inevitable from these lowball valuations here, and certainly don’t get suckered into selling as HUR is today way way too oversold and undervalued.
GLA

Spot on schlemiel; HUR Tax credits are absolutely massive, and yet another reason why HUR may be so attractive to potential bidders here, and company MCap is extremely undervalued at present, DYOR.

“Upstream oil & gas M&A rises to $35 billion in Q2”:

https://www.jwnenergy.com/article/2021/7/21/upstream-oil-gas-ma-rises-to-35-billion-in-q2/

The old deceitful HUR board wasted $17M+ on a restructuring scam that was eventually rejected by the British Courts, now with a new BoD in place, these totally waisted sums are clearly now included/deducted in the balance sheets and going forward, along with forecasted higher Oil prices, HUR will either pay back the CBs in full by 24 July 2022, or seek some kind of bridge loans in today’s ultra low interest rate environment “awash with money” which is unfortunately something the old corrupt BoD didn’t even attempt nor bother with at all, options are many but were unfortunately never looked at by the old board for now extremely obvious reasons.

Exactly and on absolutely Zero news, that’s why it’s the perfect day to top up here (and even on few other Oilers as tick up in PoO is only just beginning) but before all that, of course DYOR.

I see that some are back to their blatantly obvious trading tactics, lol. Oil prices and HUR will both rally up from here fast, and today IMHO, represents an excellent buying opportunity in HUR but you should first DYOR.

Extremely low volume trading today and hence very easy for MM or anyone to manipulate the SP on the day, good time to top up here while awaiting for the newly appointed HUR BoD to finalise/announce their forward plans on which rallies are inevitable here, and certainly don’t get suckered into selling as HUR is undoubtedly way way too oversold and undervalued at present.
GLA

An excellent/positive update here which is indeed a breath of fresh air from the newly appointed HUR BoD, particularly with Brent at ~$77 and climbing.

The only reason HUR put this RNS out at the unusual time of 08:28AM, and on a Friday with the Monday as a bank holiday was to restrict/delay the CA response as much as possible. Richard Bernstein is smart, and as a long time activist investor also pretty experienced, however on the other hand, HUR BoD are either incompetent, dum, and/or possibly very crooked, so give it time and we will see a CA response which will undoubtedly also receive majority (if not unanimous) PI support, on where it will lead to in the end, your guess is as good as mine but with all the signs in place here, CA must have envisaged this day but yet decided to still continuously top up big time and likely done same on Friday.

The only reason HUR put this RNS out at the unusual time of 08:28AM, and on a Friday with the Monday as a bank holiday was to restrict/delay the CA response as much as possible. Richard Bernstein is smart, and as a long time activist investor also pretty experienced, however on the other hand, HUR BoD are either incompetent, dum, and/or possibly very crooked, so give it time and we will see a CA response which will also undoubtedly have majority (if not unanimous) PI support, on where it will lead to in the end, your guess is as good as mine but with all the signs in place here, CA must have envisaged this day but yet decided to still continuously top up here and likely done same during today.

The way Brent prices are going along with H2 onwards outlook, I wouldn’t be surprised at all if HUR ends up having more than one determined bidder this year, and IMO, any successful offer here will have to be in double figures as minimum, DYOR.

“Is it possible, given this thread and other comments on the outstanding bonds, that the BOD are keeping the SP low to facilitate a cheap buy-back of the CBs ?”

No idea but certainly hope so, as that would help explain a lot of unexplainable bod actions so far!

“Potentially lot higher Brent prices from H2 onwards can truly make all the difference here, at current market cap there is no value put on assets/licenses, tax credits, increasing cash in bank and overall cashflow, 7z production is also a wild card at present, DYOR.”

I concur; CA & Bernstein also seem to very much believe in the huge undervaluation and massive potential in HUR from these unrealistically oversold levels and as such, have put both their cash (and a significant amount of it so far) along with reputation all at stake here, GLA.

Fair statement Jonno, however IMHOO, from these nonsense levels or say this ridiculously lowball MC here, upside potential by far outweighs any downside risks with a bit of additional patience added in, all just in my opinion but your raised point is equally valid, GL.

With Brent at $67+ and potentially still rising, HUR SP is undoubtedly and clearly by far the most undervalued and currently strangely oversold share trading in the U.K. markets, please DYOR as this must surely be a 2021 and beyond Multibagger opportunity in the making, IMHOO.

“Liking the whole both wells up and running - maybe alternate prodction from both or heaven forbit they may switch well 7 on.”

Nicely noted MaverickD, interesting and very positive development which could well turn out to become a game changer here going forward.

Slift, If it makes you happy (as it certainly seems to), we can say CA got the shares for free! However, no one can deny the fact that CA’s recent significant further purchases of HUR shares are extremely positive here, if CA were offloading instead, trolls would be blowing their trumpets all over!
GLA

“But for arguement sake, let's say CA's average is 9p.
With 14.32% of shares (285m shares), and current share price of 2.5p.. CA is at -£18.5m.

But CA is also up £43m in the past.
So overall, if CA sell at 2.5p, they are up £24.5m.”

If CA wanted to sell, then they would obviously not have just increased their stake here, and by such a significant amount, plus in a share with a relatively high spread to trade, so clearly no plan to sell by CA, and certainly not at these nonsense extreme lowball levels/MCAP, DYOR.