Member Info for Infor

From Linda:
Year-end net debt of $2.3 billion. At $100 /bbl, 200 p/therm, forecast free cash flow (after tax and $200 million dividend) of $1.5-1.7 billion with potential to be net debt free in 2023.

25th August can't come soon enough. Thing to remember is that approx. 50% of HBR's production is Natural Gas which still remains at over 350p, Brent holding steady at $95. Expect to see a massive chunk of the $2.3 billion paid off.

The 10% dip in Brent is more than made up by the 379p Natural gas price. Once they realise Harbours a cash cow, the price can’t be held back. In the meantime try and make some profit in the days up and downs.

Probably another 3 weeks of buyback just in time for the 1/2 yearly result. This is following sentiment on small volumes and is a day traders paradise.

With Brent back over $100 and uk natural gas @ a whopping 371p the only explanation is those with their newly acquired shares are having to sell to stay afloat ie our Noble friends. The volume is low and easily influenced by modest sized transactions. Great for day traders, it’s followed the same patterns for a while now. Just have to wait for the 1/2 yearly to sink in.

Hedge position
Oil Volume hedged (mmboe) Average price hedged ($/bbl) 18.8 mmboe @$ 61.15
Gas Volume hedged (mmboe) Average priced hedged (p/therm) 25.37mmboe @ 50.75p

Uk Natural Gas is 355p, cash forecasts based on 200p.

At current prices only about 1/3 of HBR’s oil and gas are hedged.

Uk natural gas a staggering 490p!

Brent $109, UK Natural Gas a whopping 380p! BRING IT ON!

Thanks Auson. This must be an encouraging sign.

I expect a couple of RNS reports this morning. Massive after hours, off-book transactions going on.

The daft thing is the SP is still at pre invasion levels!

Another £1m off book transaction. Noble needing liquidity? Fat cat directors?

372p and $108 awesome!

You would have thought so. The crash in the SP of 30% in 6 weeks has not been managed at all well. HBR should have put out a statement in response to the WT which coincided with the EIG exit and subsequent boardroom cashing in and finally a crap major shareholder in the form of Noble picking up 8%. That's the down side. Oh, and the massive after hours institutional trading and off book deals. No wonder investors are nervous. On the positive side the half yearly's due in 26 days time I think will turn the tide with this share.

UK Natural Gas 390p! 26 DAYS TO GO....

Definitely a typo. I'll do the job for half his salary and get it rihgt :}

Here's another one:
2022-07-26T15:39:38.483 USD 4.214 440000 1854160.000 Off-Book XOFF P ECHO
This one is in $. Maybe the one at 14:42 is a typo! idiot.

https://www.londonstockexchange.com/stock/HBR/harbour-energy-plc/trade-recap
It's all here! Download the entire set. There is a parallel world of trading. Vast volumes are traded after hours or 'off book' but do not appear to affect the price. Seems weird/unfair? but presumably even these sharks want to see movement in the SP at some stage.