Member Info for littlened

dont think OGA will allow that

If you believe the story,the cash generation,the reserves,the ability of the management to improve both the assets and the profitabilty of the company then a higher value will eventually emerge.Maybe not the value we would like if a predator jumps in before the above has time to materialise.All the more reason to keep adding when possible.
One thing I am now sure of,this company is not going bust!

I asked Stu to explain how this works.He hasnt and it doesnt

Stu ,As an ignoramus on corporate finance can you explain,in layman terms,how this works please

Gritstone ,they have already said the CPR is being revised and will be available by Q1 2021

Will ADUK now double his stake ?

Why are you on this BB,St.Greavsie ? From your posts you dont think the shares are worth buying so must assume you are not a holder.So what is the point of your existence here? To deter others from buying ? Why would you spend your time doing this.You must have an agenda to try and massage the price down for personal reasons.Are you being paid to this or just malevolent by nature ?

My thinking is that if the chances of bust are negligible then HUR will recover on its own,with a partner or be bought out.In all cases the sp will be considerably higher than now.The big danger is a low value takeover so the way to cover that is to buy more at current levels

No ,but close .My elder brother is Big Ned.Goon Show fans !!

Planted I wouldnt know how to short even if I wanted to,Shorting is gambling ,I am an investor.

Not at all ,I am long with over 1m shares. Just wondering whether to add more from my RRE profits

Obviously but that doesnt answer the question

or even going bust !!

Simple question.Does anyone think there is a real chance of HUR gong bust ?

What is HIR ?

Well Dr Trice has shown otherwise.Isnt he a geologist in the oil industry ?

That is very sensible ADUK unless you suffer from FOMO syndrome.I have over 1m shares @17.5p average and I can afford to wait as I do not believe they will go bust .If they dont solve their problems in one fell swoop,which would initiate a very big rise,they are likely to get a bid so I am adding a few here and there which will catch the bid premium

Has ADUK doubled his holding with further buy of 1 share ?

I think the minimum is £700k

A week ago the production was 15000bpd.no reason to think it is not doing so still