Member Info for jfk9

What will all the regular bb Harl posters do when, the increasingly looks like, inevitable happens?

If at all! This is what we are all hoping for here, if it doesn’t happen they will look to raise more funds to pay management and the SP will go nowhere.

Looks like they will be available at 30p soon, didn’t take long for them to pick up the Trin disease!

Looks like that’s it! All down to one man’s ego and profoundly poor judgement

MA, despite my negative despitepost regarding JW, I do have a sizable holding here, which is significantly underwater., leaving me deeply disappointed and frustrated. I do wonder why the other two who apparently are not invested bother to post negatively frequently. I assume they have their own warped agenda agenda.

That is what he has been doing ever since he joined Harl !

A very real concern of mine and one that I have highlighted previously. My suspicion is that the reason that influential large shareholders have chosen not to take action is that poor performance and resultant low valuation plays into their hands. Holders such as AB who clearly have no intention of supporting any form of small shareholder action may come to regret that decision.

AB76, good to know that you are still about, presumably you have not sold out! Does the fact that you have remained so quiet of late choosing not to contribute to the discussion on shareholder action, mean that you are not in favour and would not be prepared to lend your support? If that is the case I hope your confidence in management to do something sensible does not prove to be misplaced.

They are at preferred bidder status, so have not yet secured the contract. If Harl do secure the contract, they will need to demonstrate that they can deliver and achieve a decent margin, so someway to go.

Greater chance of 3.5p I fear

Over on the ADVFN board there is a proposal to initiate some form of shareholder action, to stir the BoD. If anyone from here is interested in participating then register with your share holding over on ADVFN. A 5% threshold is required to proceed with any form of shareholder action, currently 2.5% pledged.

That will be March 2030, the way this shower perform!!!

Regrettably, Lottie’s recent post is spot-on. From the outset, I have always been of the view that JW lacks capability. I’m afraid that is now proven to be the case. He is happy to take his big fat salary, make empty promises and repeatedly fails to deliver. I do not see this business moving forward with him at the helm.

Regrettably, I am not able to attend tomorrow because I am abroad. Whilst aware that I could submit a question, there would be no opportunity for follow-up, so little point. These are the questions that I would have raised had I been able to attend. If anybody attending is prepared to table these on my behalf, I would be most appreciative:

1. Past presentations have claimed that profitable base production will decline, so as to justify costly and highly speculative explanation to replace it. Has there been any geotechnical analysis to justify the claim of declining base production? Based on current WTI prices has there been a cash flow projection prepared for the business showing returns net of all new exploration?

2. Why do we not see any share purchases by executive members of the BoD? Whilst purchases are not permitted during closed periods, there has been ample opportunity over recent months, outside of closed periods! The lack of purchases is hardly a ringing endorsement by the BoD in their own exploration strategy?

JB is a number cruncher, they do not have a leader.

Consuelo, why is it that when I check into this board, it is constantly the case that you and TDF are going at each other like cat and dog. Unlike him, you are not invested here and want to see the IM project scrapped. The JR appeal will no doubt cause a further significant delay to IM, which must please you greatly. Yet you don’t give up, now doing your best to rubbish a significant contract win, which will bring much-needed jobs and will help to sustain the business going forward.

What is your problem?

Just ridiculous, what will their next delaying tactic be when the appeal fails. They should be made liable for the losses incurred by Harl as a result of this further delay. If so it might make them think twice about their actions.

Another boost to JW’s ego!

For better or worse, I am still sitting on a sizeable holding so I sincerely hope you guys prove to be correct and my pessimism turns out to be misplaced. I certainly will not take the latest slump in sp as an opportunity to average down, throwing good money after bad springs to mind.

Xenon, you are utterly deluded.

I would not be surprised if today’s further misery is due to a sell off by those in the know ahead of a further desperate placing.