focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
UJO ? They are down 19% over the year and H you are up 180% over the year. I don’t understand your comparison.
This is amazing news coming from today’s RNS. I was beginning to despair that we were having to wait another year before the remaining two turbines went back into production of energy in the water, with this funding the second generator will be back in producing power and money in two months and the other by next year. Who knows, the third turbine my even go back into production quicker than scheduled. All told, the news is a great turnaround for this company as a vote of confidence as well as much needed funding.
It’s getting to the point where the share needs a little blue pill, it just can’t keep it up.
Bloomberg TV said this morning that those reserves will not last long at once they are gone… They are gone. The West, for the most part, will not buy Russian oil or gas until there is a regime change, not just a change of Putin for some other equally tyrannical leader.
I think the average for the first five days of the month was somewhere between $110 and $112 per barrel. The last five days around $105. That is one hell of a lot better than the $84.5 per barrel we achieved from the last uplift.
More potential now here than I thought possible, having bought in at 78p I am more hopeful of recouping.
Thanks for the link Senseman
This has been extended for two years, confirming that the government is happy with further north sea oil extraction and exploration. Give us the all clear in effect to progress further
19p -45% equates to around today’s price.
Says HUR share could be 45% below intrinsic value.
The price of oil will not plummet even if the war in Ukraine ends tomorrow. The world wants less reliance on Russian oil and gas and they won’t start using it again just because Putin might pull his troops out. They need to starve that regime of cash so they can’t tool up again.
Whenever you climb a steep hill you have to stop for a breather occasionally. The next decent rise will be when the financial results of the recent uplift are announced. Investors are still looking at the amount of barrels per day being pumped out as an indicator of the next 6 months trading at this crucial time of clearing debt and accumulating cash for future exploration.
I think that’s a bit hopeful wolf, but as a fellow investor I sincerely hope you’re correct
He’s finally put his money where his mouth is… Or where it should be, having heard very little from him. Still it’s a very positive sign, I expect a decent percentage rise from this news alone.
998,005 shares, average 3.77p. I’m happy and staying in for a while yet.
I would say to any investor who has been hanging back waiting for decent news to invest in hurricane energy, this is the news and now is the time.
This is the most positive and forward looking RNS I think I have seen in years from hurricane, Debt behind us and accumulation of cash and enough of it generated to be able to move forward and drill new Wells.
I mean this share of course.
I hope you do well out of this year, you could upgrade your iPad lol.
I’m sure we will see 10p again today, then when we get the results of the recent upload we should be able to move further. I would expect figures to be produced possibly by the end of next week. The current crop of oil has been offloaded at a German port and the tanker has moved on.