You are too obsessed with Maris. Back in the low oil prices there was no future for Hurricane. Now the price is $40 higher and the future could be bright. Maris and Co did not expect the oil price to rise up to €80+ so they tried to wipe out shareholders. Now its all different. Perhaps he made a huge mistake but in recent RNS Maris was quite positive.
Bond purchases and new tender offer13 Oct 2021 11:21
13/10/21 09:10:30 Last price 82.63 Change to prev. day -1.29%
I would like to see company buying bonds on the open market or announcing one more tender offer now. Time is good and cash is in the bank. Every bond no longer in circulation can deliverinstant savings to a company.
Do we have any shareholders call with company after results tomorrow?
After oil sell in mid October we should see debt reduced to approx 60m, means mid January HUR really should be debt free. Hmmm that means that by July they will have 120m cash and hopefully in the meantime the extension will be granted and new drilling programme announced. No reason to sell now.