RE: Lionels8 Nov 2019 03:40
AK,
Re: 'What interests me personally is who's going to come queuing up and banging on my front door, offering me One pound Twenty for my Hurricane shares? None yet that I can see or hear.'
1. If the price of Oil remains at or around $60 then HUR are still in the game.
2. If worldwide supply exceeds worldwide demand then we are in Injun teritory, is that feasible?.
3. If supply is managed re Saudi etc then the price will /may be maintained, they will always maintain that balance, imo.
4. We have at the very least an exposure till 2030 and even then that is questionable.
Who will come knocking?, a major whom wants an assured supply, and at the moment the ball is in the majors court as of today I grant, but you still have to pay do you not, for a potential billion barrels at a market barrel rate, given that oil will still be required until at least 2030?