Bringing together teamwork & moving on19 Aug 2021 07:55
1. "Expecting a stream of positive updates here (variety of open issues) from the new proactive HUR BoD in the coming days/weeks, and months ahead.”
“company news which I am currently anticipating on receiving here are potential positive updates on AM/FPSO contract renewal, various Farmout/JV possibilities, a bridge loan (possibility of which was never pursued by the previous useless board who never seriously reviewed new investment possibilities in today's liquidity abundant and ultra low rates environment), forward plans including possibility of any drilling campaigns along with the continuous production and logistical progress updates, potential BoD/Executive Team stock purchases here once any closed periods are over...................and even possibly news on a takeover/bid facilitated by CA!”
“And to add to your stated list here, how about eventually a new and truly independent “CPR on West of Shetland Assets” of HUR, especially since the one conducted by the previous board was motivated by a personal agenda (and greed).”
All interesting points raised here in this trail on potential BoD forward actions and relating forthcoming updates which are all very plausible, we need to note that HUR BoD is still relatively new and may require time to fix many of the unnecessary issues caused by the previous administration, and additionally, could currently be in various sensitive discussions/closed periods on which we will eventually be updated, more importantly noteworthy is that HUR now has a new team in place which fortunately has all the stakeholders interests at heart and will work diligently towards achieving them unlike the Ex-do called BoD.
Good Post/Points here, agree with HullFC4ever. Thank you Different Angle.
2. Good points otb ...... as I keep saying we need news beyond the production figures and housekeeping to push the SP north
It will happen and I would like to see CA Tr1 30% ownership
Well done
GLA
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