Member Info for mariog

They need to change the me up with some exceptionally good RNS to move the price above 4p. Next month update will be much better so I can see an increase to 3p in 2-3 weeks.

I like the update too. Panic last week, but buying should resume. Next update will show a lot of oil again.

9800 bopd - if licence is revoked then the gov should pay some reimbursement fee to us in my opinion. UK lawyers only waiting for this to happen.

How much did the Hurricane spent so far on Lincoln area study and drilling?
In the event of licence removed by the gov, should we expect all the money paid back automatically to us from the gov side? Because if yes, then this news could be very positive as there are no active wells in the Lincoln area, am I right? :)

Provident said to own customers you accept the low reimbursement or we will liquidate the company and you will get nothing back. Customers agreed, court agreed.
Not the same here, but if they say to bondholders that the company assets and cash will not give them all money back then they can possibly agree to guaranteed 70% back now than unlikely 70% in one year.

Good man, strong reason to issue a letter to all bondholders to urge them to sell at 30% discount today to keep their chance to recover 70%. If they won't agree to sell at discount today they may get back only 30-40%.
Another option could be to check if the existing bond can't have its maturity date postponed and coupon rate increased.

All PI's need to do is to stop selling if they are in a loss. CA will takeover HUR before November imo.

CRS holders should be buying HUR shares and keep so the share price goes up. Win win for both companies this way.

News should be out soon

Current average is lower than 19.3p as between 30th of June and now CA increased stake by 3% loading up for around 3p per share.

How much do they make now when oil is above 70?

Wonder why people are not buying here. Could be like 2-3bags even this year lone.

We had 2 or 3 yesterday morning which appeared as sells, they scared many and we saw many small sells latwe. As they today appearing as buys, I would suggest they were some sort of rollovers, which would mean that selling yesterday was premature.

I think some are just to scared but once it will be at 4-5p they will be buying mad. Strange but something that's how it works ;)

The Hurricane's investment has been highly derisked in court, additionally by rising oil prices and then by CA increasing stake to 25%. New directors around, less negativity. Lancaster field have resumed production. Really this company has a future. The debt is not as high if you compare it with some other companies.

Buy at 3p level, hold and wait is my strategy.

Finally Bid and ask are back to normal

For some reason I can only get a quote at full Ask

Scared inexperienced are selling. Someone is takingi them all cause its impossible to buy at price lower than 3.2

Seller out. Let's see it up now

Atm there should be no other strafegy here than buy and hold for a few months to see what happens. I am very optimistic about this share now.