Member Info for Keepwell

The hearing yesterday, to those who were online observing, did Hurricane have any positive position yesterday that may have caused concern? Or was their legal time as incompetent as the board? Literally for curiosity.
I have also emailed the board requesting the shareholders meeting and CA requisition GM be held jointly. It clearly had an impact with all our emails at the hearing so we must keep going. If we had done nothing, I doubt we would be at this point.

Precisely.

on today will help, Hurricane board have been tested and told they're on their arse with their plans and this is a decision that is not theirs to make. Does that sum it up?

Albie, thank you!

Is that what he said!?

Mcadder, no, that is what this is all about, Hurricanes plan B, was to scaremonger everyone into plan A. Neither have washed.

to watch/ hear the ruling. I trust it will be on here.
I'll keep my fingers crossed and hope an adjournment is approved so CA can make their move. GLA- never meant that so much as now.

Maybe not Slift, but it can be assessed and positively managed if the right people are in the right position.

We all may have been mislead from the beginning, not just the last 6 months.
If one CPR says one thing and then the next, it completely changed, surely it warrants the questions, why? Both need looking at, in full, inside and out. Then we may find the corruption.
Of course there's all the add on/ created problems too.
This is not a 5 minute job and so this may cause an adjournment, to enable the AGM or EGM to take place. We are trying to buy time here.

MIU, if they suspect foul play (misuse to market) they will carry out a full investigation.
This could go all the way back to the beginning of Trice....

Replied to me this morning, in a nutshell, this is the best solution.
I know we don't know the finer details of the internal workings, but this is a bit gung hoe and I only say that as there is time to seek other solutions.

From Chanceryjudge email:
Thank you for your email. You are best contacting the solicitors regarding the scheme on Friday. They are Dentons UK and Middle East LLP.
In the meantime I will place a copy of your email on file so the Judge is aware of your position ahead of the hearing on Friday.

Thank you to those who have listed email addresses. I have sent 14 requesting an postponement of the restructuring and requesting instead an EGM.
Unsatisfied as to why the need to restructure with so many unanswered questions and would like to know has the business failed or its board.
Words to that effect.

of PI's to pull all their shares together. Then we get a legal document to show the total %
held by the consortium.
We maybe a group of hundreds, but as 1 entity we are bigger than everyone else who holds.

The figures are based on well 6, there's activity on well 7, they told us that. Hurr have skimped on the detail, by not telling us how much.
Theres more oil coming out than what they are saying. Some up to date production figures would be lovely right now. Doubt we will get them though as I sense they will be decent and Hurr don't do decent. They are holding back just enough good information to justify the dilution.

I think the problem / understanding is with still a 100 mill to find by middle of next year, knowing well 6 is going and I believe well 7 too, there is every reason to see the whole debt paid with plenty of change. That's the real mystery here

Sorry if this is an ignorant comment, but surely we are long overdue a production update, especially on the recent testing on p7.
If this has proved viable then this should be another reason to shut this decision down, there's a reason why Hurricane have not disclosed this.
If it was a poor test, then they would have gloated about it in Hurricane style. The positives in my opinion are not being published, as this would contradict this appalling decision.
As much as we are angry with what's going on, it's making us forget about the basics. Another distraction, followed by another distraction and so on.

Didn't you know, Directors work short hours, leave early in the afternoon, start at 8 the following morning.
There was no sign off until 8.30am.
If it was to let their friends out, they would have done it the day before.
It's simple, they are a part time directorship, their days will also be numbered now.

Is anyone, including me, still here?

Which ever way you like it, Hurr have handed them something valued (to both parties) of 50 mill dollars.
It reads initially, 50 mil has been released, someone paid for the shares which have gone to to the bond holders.
So I believe Hurricane is 50 mill down on the cash.
It's just my view.