Member Info for LONGWAIT

Your post is typical of LSE AIM posts.

'Hurricane has held 2019 production guidance, but for 2020, it has upgraded forecasts to 20,000 barrels of oil a day from 17,000 barrels a day. The latter figure is now the upper target, and the 17,000 barrels the minimum target.'

https://www.morningstar.co.uk/uk/news/AN_1562840475276631800/hurricane-energy-shares-climb-as-it-upgrades-2020-guidance.aspx

I think you have completely missed my point, the street: I wasn't talking about past share movements; I was talking about 'when this share finally takes off.'

Maybe it was me - I bought some more.

Someone said the other day that he had sold at about 42 and was planning to buy back at 38.
As someone else said a few months ago, it isn't worth saving a few pence per share by such tactics if it means risking losing one's position.
As I said before - possibly two years ago - the kind of movements in terms of pence that we have seen to date will seem insignificant when this share finally takes off.

You want to sink the company and then find someone from outside the O'R family to run it?
Wouldn't that be too late?

All of which, together with the fact that PVR have run out of money, suggests to me a worse deal than the APEC deal could be coming.
I still think it is possible that a worse deal was offered and TOR decided to go for what looked like the better one, discovering too late that it didn't exist.
If so, then that could explain why he received 'overtures' from interested parties, at least one of which was seeking to revive a previous offer.
It could also explain how he was able to raise money again - the investors, including PP, knew that there was still a realistic possibility of someone taking APEC's place.
Just hope the time limit causes any potential farminee to get a swift agreement.

Even Bojo seems to have done that.

The fact that Jones can call my comments 'nonsense' says much about this board.

It seems many posters are more interested in putting down others than in having either a polite or logical discussion.

It's now more than four months since offers for Tendrara were invited.
The closing date must have been passed.
If no offers had been received, we would have been informed by RNS by now.
If there were one outstanding offer - say 100p per share - we would likewise have had an RNS recommending it.
That suggests to me that either the best offer is so low that the BOD are trying to negotiate a sweetener so that they can recommend it, or that there is more than one offer they might recommend and they are considering which one they prefer.

Please don't leave us in suspense, Manyana.

Please elaborate.

'The difference is HUR CEO hasn't been making wild claims and promises...'

Another difference is that HUR is now a producer and heading for a ludicrously-low P/E ratio, quite apart from the fact it recently announced a successful drill.

I think the contract is governed by Irish law because that is where Barryroe is situated.

I have to say, though, that no payment can be indefinitely delayed on the ground that the contract doesn't specify a date by which it has to be made.

Furthermore, if APEC were to insist on delaying the payment indefinitely while retaining its contractual rights, it would lay itself open to a claim for damages as it would be wilfully preventing Barryroe from being developed!

'Can APEC invoke the original contract without paying anything up front?'

That would not be reasonable, because it is obvious that the whole point of the contract was to enable one party - PVR - to develop Barryroe with the help of the other party - APEC - and that the deal depended on APEC providing the finance.

The test of 'reasonableness' would defeat APEC in any legal action.

AIM is almost totally irrational and behaves like a manic depressive.

I have invested in many AIM oil companies and followed their fortunes on LSE.
Not one of them has not been attacked for having worthless assets, worthless shares and worthless directors.
It is common now for posters to claim that the company is run by crooks who pretend that they have any prospects or assets.

Only six months ago or so, a poster wrote that it was obvious from the JOG management's silence that it had no idea what it was doing.

As a matter of interest, and in fairness to Crudehope, the pejorative 'Little Englander' was originally used by British imperialists to put down anti-imperialists, i.e. politicians or their supporters who opposed the continuation of the British Empire.
It would have been a perfectly respectable pejorative had it not been requisitioned by Europeanists
to put down people who don't want Britain to be part of a European Empire and want Britain to be independent.

A pejorative originally used to describe people who, in their day, were on the political Left, is now being used to ridicule people who are generally on the political Right.

'... for all its successes, Hurricane’s EPS is believed to be only a small tip of a large iceberg.'

https://www.proactiveinvestors.co.uk/companies/news/904387/will-jersey-oil--gas-be-the-next-small-cap-diy-oiler-in-the-north-sea-904387.html

Good luck with the lentils.

Meanwhile, the share price has fallen to 7 1/2 pence.

Best treatment for spamaerhoids is to stop sitting in front of a computer and inflicting piles of torment upon oneself by following the progression of AIM oil companies to oblivion.

But I've never tried it.

You're not up-to-date with the latest research, JTF.
There is indeed a cure for hyperspamoidism: a liquid treatment, made from a secret recipe including gherkins.
It loosens up the joints, leading to complete remission of JP's manifold sins.
It is not, however, widely-available yet.

You don't believe that PVR have received any 'overtures,' then, ps?

'With your background in the NHS, we are wondering whether or not you'd like to be STZ's gout doctor? All this sitting around waiting for the LE is killing the joints.'

Poppy****!

Gout is a well-known complication of hyperspamoidism.