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I concur, and Brent is also on the up today.

IMOO, Game Changing because the “Forward Work Programme” will help give HUR back a currently lost sense of direction which again IMOO is a main reason for the significant undervaluation of the company today; it's assets, licenses, balance sheet/tax credits........etc. all seem to count for nothing at the moment. And "Imminent" because it has been referenced as such by CA in their note and of course by HUR in their last operational update.

HUR Shorts are well aware that there could be imminent "Game Changing" news here and they will need to close relating positions ASAP, hence, usual flood of totally unsubstantiated nonsense portrayed as facts in the absence of any concrete news/facts!

Good Summary Gino, I can also see this rapidly move north and fast towards 10p+ on any positives.

Looking at post Pandemic Supply/Demand fundamentals, an Oil Super Cycle here may not be that far off.

Patient investors will IMO see HUR well in double figures here again fairly soon.

Good Post.

New team/management being proactive here and rapidly getting the house in order for the next phase, I presume.

https://www.barrons.com/articles/energy-stocks-look-dismal-its-time-to-buy-says-a-money-manager-51602288718

Just need to be patient and certainly pay no attention to the daily fluctuations IMO, medium to long term hold here with 12-18 months outlook and fingers crossed, massive upside ahead, particularly if POO also moves north.

A very bad day indeed, TLW down ~5%, PMO down ~4%, even RDSB and BP both currently down ~4% each!

missdosh, appreciate the updates/clarifications, looking extremely impressive here, particularly with the uptick potential in Brent.

Massive lack of investment in the O&G industry, lack of exploration, rapidly declining oilfields......is all going to lead to a surge in oil prices with the slightest uptick in demand, viable alternatives to black gold are still not available.

Thanks missdosh, and wow this would be the biggest offload ever if its 85000MT.

"Oil Set for Weekly Surge With Hurricane Paralyzing Gulf Output":

https://www.bloomberg.com/news/articles/2020-10-08/oil-set-for-best-week-since-may-as-hurricane-shuts-gulf-output

Disagree DarkEnergy, although, I wish I had waited a bit before buying here as I see these levels today as the perfect time to buy HUR, so I will top up what I can afford at the moment and bring my average down and hold for 12-18 months and certainly hope to see in double figures post few operational updates, valuation here is not realistic and very possibly manipulated IMO.

Yes I am a brave man Pedrob but I'm sure you've also noticed that it has recently happened many times towards the close; HUR market cap is currently very small at the moment, and volume is low, hence fluctuations are many and we could very well close in the blue as I anticipate. let's see.

Expecting a blue finish here today.

If going by past couple of weeks history, SP will likely very much improve here during late afternoon and towards the close.

Personally bartle, if I was to pray, it would be for a verified COVID-19 Vaccine, don't give a sh**t about OPEC myself, don't know about you.