Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I agree, HUR not commenting is disgraceful and suggests there is a problem.
HUR are instant in their recent denial of the positive rumour about a good Well result but totally fail to deny a negative rumour about increased Water Cut and the current trashed share price.
This shows HUR in a bad light and only, in my mind, adds a sense of truth to the rumour.
I find HURs lack of comment or RNS on this debacle to be appalling behaviour.
Terrible PR by HUR as usual, or lack of it. I hope the Directors of HUR are reading the BB to understand investors concerns and actually make some sort of statement about the SP crash. I doubt it though as in the past they have not shown any remorse.
Investors are running for the hills yet they show no concern. Lack of morals in my book, they should be ashamed.
Just hoping it is just bad PR and nothing as serious as surmised in other people's posts.
I will be going down with the ship however, if it actually sinks that is. A sense if you like of stuff it, I made my decision, did my research and what will be will be.
Good look all.
Would have thought a preemptive strike, say at a low 60p ish bid, from a predator would come at this point in the SP decline. Many nervous investors, me included, would sell some (that would be me to lock in some profits) or all their shares, thereby giving the potential buyer some very cheap shares as a starting point in their takeover discussions.
But no doubt just wishful thinking!?
Less than 100k traded after 39 mins and all showing as buys on Webull. Very weird?
Almost fell off my chair, the SP is up!
Another point to show how rubbish the rns was. The 7.5% water figure which was stated as being a recent figure. Why did they not state if this was based on 1 or 2 flow lines in use and if 2 in use then give the figure for each well? This would have been easy for Hur to clarify rather than leaving us all in doubt about whether the water has increased or stayed similiar to what was announced at the cmd.
I am so fed up with Hur's poor communication skills
Thanks Biffa
But why oh why did HUR not say this in the RNS.
How thick are they? Saying out for only 1 month would surely have given a much better spin on the issue and put investors mind at rest as it could have been out since first oil for all we knew!
HURs PR is rubbish.
I wonder how peed off the IIs are with their recent investment and HUR. Buying in at 46.5p and seeing over a 10% loss in such a short time. Not good for HUR and II relations. May spark a lack of trust which will be unhelpful.
I think understanding such points is important.
Shame HUR as so bad at providing helpful info.
Dissapointed in HURs lack of PR and the behaviour of the Directors. The CMD was good and rejuvinated the share price but then it was destroyed by Kerogen, who have board members, selling 100 million shares. Rather bad timing on Kerogens part for us investors.
Many thanks Amaja, I greatly appreciate your info.
I am greatly dissatisfied with the abysmal PR from HUR. I feel their treatment of us private investors is appalling and have emailed and tweeted this to HUR and hope everybody else does as well. Announcing the 2nd oil uplift, with total barrels, via a HUR tweet should be a given.
Thanks for the futher comments Biffa and A double, I have a massive grin on my face at the moment about the possible 30,000 bpd.
Fingers crossed the info posted about the oil flowing better than expected is correct but it is backed up by the recent offload.
I guess it is possible there could be another offload before the CMD, as the 9,000 bpd guidance could be way under what is actually happening. Let's hope so!
This 30,000 or 20,000 bpd point being made is very interesting, with regards to flaring constraint.
Is it believed now that HUR could ramp up to 30,000 bod, without the need for the gas pipeline, even though HUR have consistently advised 20,000 bpd max for the EPS.
I thought it was always believed that the wells could produce more than 10,000 each and that it was purely restricted due to gas flaring.
If this 30,000 bpd is the case, and I bow to the superior knowledge of you oilies, and with the growing belief that the oil is flowing better than expected the SP should soon sky rocket.
I just fail to understand why HUR have not highlighted this possibility in their presentations, unless I have missed it, but I acknowledge Sipps supplied info that I was not aware of, thank you Sipp.
The HUR story keeps getting better and better and it could be that the CMD could well see a decent SP increase if this type of info is proven with facts by HUR on the 11th July.
Amaja
Great initiative, thanks for info.
You are forgetting about the oil produced from the 11th May, when hydrocarbons were first introduced into the AM, and before the 72hour window up to the 5th June. That is an unknown but could be a significant amount of oil.
After a bit of trading since foil, when I didn't sell enough, have now topped up with 157,000 shares from my cash float to get my sipp to just over 1million shares for the first time. Just hope it doesn't come back to bite me.
However, I am clearly confident in HUR and hope 53p is the bottom and that news to come will be positive.
Grateful for feedback from the agm and the ongoing technical posts, thanks.
Thanks for the reply Genghis.
I hope it will be a partner as I agree HUR are unlikely to have enough cash to develop WW in the near future.
I also saw a recent comment on the II website from a poster, Johnniefp, who said AS commented in reply to a question that HUR are now 'relatively self sufficient financially, subject to the oil price'. This suggests to me that HUR need to be very careful with how they spend their cash as there seems to be not much wriggle room.
Hi Ghengis
Was it said that HUR is looking for a partner, for Whirlwind, at the AGM or is the impression given or just a personal viewpoint?
It makes sense to me to get a partner on Whirlwind asap.
Cheers
Hi Ghengis
Was it said that HUR is looking for a partner, for Whirlwind, at the AGM or is the impression given or just a personal viewpoint?
It makes sense to me to get a partner on Whirlwind asap.
Cheers
Yippeeeee
Well done to all at HUR