Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Morgan Stanley have today initiated coverage of Hurricane Energy with an Overweight recommendation.
The Art Of Execution...
Robert Trice intimated at the last AGM that first oil will be produced early 2019 which I and others present interpreted as January /February.It now looks likely to be January.
As I posted yesterday the hedge funds are playing the shares against the convertible bonds.It is not a reflection of the Spirit deal .When I checked last week the convertible was £1.54 to buy
Biffa.I was on your left at the AGM.Didn’t go to the pub afterwards....had lunch arrangements.Anyway look forward to seeing you smiling along with many other investors at the 2019 AGM.
Biffa.I was on your left at the AGM.Didn’t go to the pub afterwards....had lunch arrangements.Anyway look forward to seeing you smiling along with many other investors at the 2029 AGM.
Hi Biffa, we sat next to each other at the AGM .Yes, the sp did rise on the news but not to the degree one would have expected.The reason for this is that Och Ziff went short on the shares last week whilst being long on the convertibles.This is in no way a reflection on the business but merely a hedge fund doing what they normally do!!My target remains £1 on Foil Probably Jan/ Feb 2019
Snowcameron.I alluded to Hur applying for more blocks in the OGA 31st round.In April 2014 Robert Trice stated that further opportunities existed in the Central North Sea.In the 31st round ,blocks in the Mid North Sea are available so I would be very surprised that if these were in the area where he suspects that there is potential for another major discovery , that Hur does not apply.
The bonds are presently priced at £1.52/4.
Reverandy.If the sp is 80p or more at foil I will donate £500 to the charity of your choice in your name.
I commented a few weeks ago that Morgan Stanley only act, as far as I am aware, for one Aim listed company Hurricane.I wonder what part they played in yesterday’s news ?Main market listing in due course.
Stifel pt raised from 80p to 105p
I wouldn’t be surprised to see Robert Trice sharpening his pencil and looking into acquiring more blocks in the 31st OGA round provides there are suitable basement opportunities .Applications have to be in by November with results announced early next year.
Spirit Energy” One of the last known World-Class oil development opportunities in the U.K.”Take note BP!
This news is now published on the Spirit Energy website.
Certainly game on....I’m impressed that the company managed to keep this great news under wraps.
https://www.lundin-norway.no/2018/02/15/new-reservoir-types-on-the-norwegian-shelf/?lang=en
Hi , I have an extremely large holding in Hur which thanks to Kerogen and Dr Trice is doing quite nicely.I believe that Kerogen are extremely astute and have decided to invest in Igas on the back of Kerogens due diligence.Post Brexit it is imperative that the UK becomes Energy self sufficient so fracking imo will receive government backing.This is not a get rich quick investment but one which hopefully should deliver handsomely over the next couple of years .