RE: Hurricane Energy19 Feb 2022 13:29
Senseman…oil price served us well and saved the day! But once the CB gets paid on the next lift then oil price becomes less important ( providing it stays above $60 pb) as our cost all in no more than $26 pb from memory, so oil price above $60pb will do providing the oil production is stable or even increases by monetisation of their remaining assets including revising well 7…
Though oil price above $90 pb will accelerate the sp rise much quicker from here…
We are sailing onto safe shore from here unless a bigger fish comes along and offers us 50p a share!
GL