Member Info for Goldenbadger1

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Would not wish to be sued prior ' Movie release '
Maybe one of our Fellow scriptwiter's can fill in that piece lol .
Maybe Key part of the 'Mystery'

Hurricane may in the future be the British version of WWS .
The story Line
1. Company finds 3.2B boe , with funding raised based on ' Get rich quick '
2. Resources are independently verified and Share rises to 45p .
3. Oil price collapses and CEO , CFO sent out to pasture/run for the Hills .
4. Another Independent review reveals that 3.0B boe have disappeared .
5. When revealed , Share falls below 3p .
6. More news pushed out that Shareholders may be wiped out completely, as Perched Water is not in fact Perched and last well 6 is on Life support.
7. Unpredictably Oil price Doubles and Hurricane is generating sufficient cash to pay Debt .
8. Shareholders beginning to ask questions regarding Drilling .
9. Board placed in a predicament , they buy time to 2022 .
10. March 2021. What is the Strategy from the BOD, that Shareholders will now support ? With this improved financial scenario ?
Hurricane is at the Crossroad's. Scene 7 . Question time .

Do we have the extra 3.0B boe and that at these Oil prices we can profitably recover ?
Is the 3.0b boe in place , although not commercially viable as demonstrated with Lancaster ?
Was the 3.0b never there ? Was AUDIT a complete miss calculation by few/many stakeholders and for what end ?

This is more Gripping than Alfred Hitch**** .... next scene ..... March 2021 Q .... BOD .....

It's 'Tin Hat's ' time for BOD after this weeks Firestorm .
The average news on CPR , will be sandwiched between Fantastic news on Cash Flow and this week's AM pick up . The P.R bunnies will now have to earn their corn and Spin the last 6 months as a complete re-evaluation .
I remain more Positive than Last week , maybe Foolishly .
This week expect CPR , Financial's 2020 and Cash Flow .
Also from the Trenches a Defensive position regarding the Confidentiality of CB discussion's .

Thanks Laser for the Positivity you give the Shareholders each time we get a Tanker .
Just a Q .
Average tanker load 2020 425,000 .
Could the AM have been sitting with +50,000 barrels from 2020 waiting for price increase ?
This pick up although very Welcome even at guided production looks early .
Laser your thoughts ?

Trice didn't buy any shares they were free issue and the BOD have less than 60k between them so no hurry for any of them ' no skin in the Game '

Interesting as over the months have seen individuals who have bought distressed Debt from the Market in Premier Oil . They had no problem .
Maybe different Market/ Volume .

Is that your educated opinion B or a fact ?
I do not have that Level of Financial Knowledge
GB

DS The Bonds are covered if'
We carry on producing at 10k +
Brent stays +$60
The risk is we cannot predict the above for 12 Months .
Why would Hurricane wish to go 'cap in hand' to Bond Holders and jump to their Tune when they have the option not to ?
Also waiting to pay $230m back in 2022 when you can settle possibly at $160m and move on in 2022 and be self-financing . Why?
PMO were caught by ARCM and Debt , this cost Shareholders including myself Plenty .
Brent price has saved Hurricane if they take the right path .

Any info on How much Debt Kerogen are Holding ?
Kerogen are a Key player in all these issues and not positive for Shareholders IMO .

While all our Wonderful Shareholders were wondering what we were getting paid for . We have negotiated through Investec to Buy $!05m worth of Debt at a Discount of 50% . This has only been possible due to our perceived Incompetent performance .
With the above in mind we will be settling All our Debt by September 2021 .
Many Thanks for your Patience .

Buy $!05m Debt at 50% Discount = Cost $55m , Out of Hurricane cash Pile $120m.
Leaves Debt $110m . Cash $65m ................. or am i missing Something ?
Each Tanker +- $15m Cash to Hurricane .
Debt free 5 Months

As Hurricane can only settle the CB's 100% and the small print invalidates that option presently .
Could Investec buy £75m of Debt at a Discount with Hurricane loaning the money ?
This would be a Game changer at a 55% Discount .

Thanks DF.
That's a good Chunk of CB's holders with very little confidence .
What an Opportunity for Hurricane .

Anyone have an idea on Value of Hurricane Debt in the Market at a 55% Discount ?

If HURRICANE cannot Guarantee 10k production buy some insurance.

Add Hedge 10k boe at $63 now for 12 months to take out Oil Price risk .

This is an opportunity in my view that is unexpected . My take for the last 12 months has been CA working hand in glove with Kerogen and the BOD to destroy shareholder value .
Today is the first day i have seen CA put in writing aligned thinking , this gives Hope .
I will be contacting CA and requesting they produce a mechanism allowing like minded investors to support their Strategy on the Basis of Transparency of intent .
I will let this Board know and thereafter each can decide on a position in this matter .

Surely a grouping of like minded Shareholders supporting and working with Crystal Amber is the way forward . As CA hold 11% and are largest holder , then there are many PI's invested here and possibly Trice is still sitting on his 1.5% .
Gather the Clan's strength in numbers .

Suspect just enough to make the Balance sheet acceptable Joe .

What has become abundantly clear is that both Trice and Maris cannot with any degree of certainty predict resources and production in Fractured Basements . This fact is probably why the majors have stayed away and these are 2 experts .
By 2022 however data and predictive models from Lancaster , Warwick and Lincoln should be far advanced .
Therefore a Drill on Halifax would be less risky based on 3 years of practical experience , model building and new tech . A Halifax drill would also have the benefit of keeping Lancaster going ( water cut dependant ) thereby funding the search for a productive well . Halifax just to remind shareholders, was thought to contain over 1.2 B boe . The AM on a successful drill could then be relocated to Halifax with ease and minimum cost. Just a thought .