Member Info for HANK13

If and when this share might go north, rather than the consistent south it has travelled since I invested in it?

why I invested in this feckin' company?

I've been in this for too long to settle for less than £3 per share. My realistic goal is £5 or £6, yet I might lose my bottle at £4 (Depending on how badly I need the money at that time), or feel brave enough to hold and aim for nearer £10.

Let's talk Hur. Recent interview had a very confident and relaxed Trice. More drilling, more oil, new projects, and... farm in. The farm/takeover of 50%-70% of Hur's current projects seemed possible/likely and certainly wasn't dismissed. Talks of the big players coming in with good offers when oil is pumping (Next year). If a big company does take 50%-70% end of next year, and assuming oil prices have gone up a little more, what are the SP predictions?

If it 10-bagged now, it would climb back to the SP of this time 3 years ago. Lol.

Agreed Longwait. But my average of $10 profit per barrel kind of reflects that, as more realistically, $20 per barrel profit, but only half the oil recoverable - Same figures. Again, this is soooooball park. I hope a savvy expert can throw some actual figures down and give a 'realistic' and 'optimistic' SP prediction for in a few years time. Cheers

Right - Let's look ahead to X years down the line... Hurricane extracting oil at a good rate. How much oil do we expect they have in their area? Hurricane owned. 6 billion barrels? If the price of oil in a few years is $100 per barrel and lets say Hurricane makes a $10 per barrel profit, they would be worth $60billion, right? How far off am I, experts? If that's the case, and there are 2.5 billion shares (I think that's right). Then each share should be worth $24, or about �17. But that seems crazy! Is it crazy and unrealistic, or could that actually be the case in a few years?

About �1.

The SP should be in the �1 - �1.50 range at the moment.

mrJimV - Thanks for getting back to me, but it didn't really answer any of my questions. But everything you have said I know + agree with. Anyone savvy able to answer? Thanks

2.5bn shares x48p = Company is valued at �1.2bn right now, yes? This must be based on amount of oil x price of oil - costs to extract it. How much oil is this based on + how much oil could will actually uncover if we get lucky? If price of oil continues to rise a little... Let's say 20% more (Lucky again). What could HUR's valuation hit when we are extracting it + the SP climbs to it's actual worth, based on amount of oil there, price of oil at the time -Etc? �2 per share seems low, but is �5 per share achievable? Could �10/share ever happen without the price of oil doubling and the amount of oil there being significantly more than expected/hoped for? I realistically think that mid-end of next year, when producing, the SP could be �2, which could then increase further, but not much higher than �3. Can someone more savvy explain how the SP could get above �3 per share, and how high it could go, please? Also, if a big player like BP steps in, what increase could that achieve? Thanks

Thanks, ChinaBlue. Yes, I didn't know if that was still happening or not.

To the ZuluNew shares?