Member Info for Kamakiriad

Realistically I don’t think an RNS will be released until tests have been done and the equipment is working properly. Still lots of scope for a substantial increase in share price

Girls please, can’t you dance around your hand bags instead of flailing them at each other.

You don’t have to start a new thread every time you want to make a comment

Thankfully I sold my holdings and got out with a very small profit, but not before I was due the dividend. Does anybody know what date it is being paid?

One last point and then no more politics from me. If a labour government were voted in, they wouldn’t close down the North Sea oil fields, they are going to need every profit making business that they can tax to go on their usual spending rampage.

It’s local elections, this generally happens when the government of the day is halfway through a term and those who voted for them have their objections about the way they have conducted themselves. You noticed that most of the gains were by the liberals and greens , those are the votes that conservatives couldn’t quite force themselves to vote labour. In other words the predictable protest vote.

I just read the yahoo report regarding the purchase of £250,000 worth of shares by the CEO at £4 per share in the last 12 months. If he has that much confidence then the share price should return to that level at least fairly soon. CEO confidence is always a good indicator.

If that’s the case, I’m sure we can live with that amount.

I’m very surprised at the drop over the last few days, time to buy some more I think.

Plus we are only around three weeks away from another uplift. Considering the last batch was sold for $116 per barrel, looking at the way oil is rising nice and steadily I think we can guarantee a minimum of the same amount per barrel.

Bloomberg TV says BP announce they will invest in North Sea oil to offset tax liabilities. Any thoughts that this could mean an acquisition(s)?

Firstly I doubt that a windfall tax will happen and if it did I don’t think HUR would qualify because of the tax credit situation. Secondly it would be very shortsighted of a larger oil company to decide not to take over HUR because of a windfall tax, after all its a one time tax.

It’s one of the major fuels of the future

And where does that little nugget of information come from?

Amazing how it takes a journalist to properly word the potential of HUR rather than our own BOD.
Not sure I see a return to 60p unless we come across a new reserve, however I see 20p in sight soon.

m1n3r, I am about the same percentage as you profit wise but I still feel there is a lot of mileage left here. As I said earlier the announcement that we will be debt free will make a difference and there are two uplifts to consider up to the end of July when I think that debt free announcement will be made. That will be transformational.

It’s ridiculous that a company with 180M assets has an Mcap off just over half the amount!

Time to push his posts to the back of the queue

You can’t rest on your laurels forever, exploration is the name of the game and with events in Russia North Sea oil has had a renaissance. I don’t think it would take much investment to resurrect well number 7

I have to agree, he is somewhat of an annoyance. When his thread goes stagnant he invents another one to try to Ill inform current or potential investors in the share.