Member Info for More4Less

And good luck here to you too.

"Current production is c.14,500 bopd on natural flow with a water cut of c.19%. In line with the Company's expectations" is actually a fantastic update here and clearly kills all the recent doomsters BS posts on this board.
GLA

Fully agree with consensus here, positive signs are slowly but surely emerging in the currently much undervalued HUR, looking forward to a lot better times ahead.

Shorts are generally worried on unexpected positive Updates/News/RNS here or even worse, a bid for HUR which may suddenly pop out at anytime, only IMHO.

Fully concur, wishing all the best to long suffering HUR LTH and fingers crossed, now only good times ahead from here onward.

Entering the last 30mins of trading here, and hoping to cross 3.5p today.

12-14p is "Fair Price" if a takeover/bid comes for HUR this year, next year should be much higher along with Brent.
GLA

"Oil gains on supply disruptions in Gulf of Mexico and Norway. Oil prices gained on Tuesday amid supply disruptions in Norway, a new hurricane in the Gulf of Mexico, and US President Donald Trump’ return to the White House after being treated for Covid-19 in hospital."

https://www.businesslive.co.za/bd/markets/2020-10-06-oil-gains-on-supply-disruptions-in-gulf-of-mexico-and-norway/

Tail wind is clearly with the now very much undervalued HUR, good times are here ahead.

Takeover or not, HUR SP will be in double figures by year end as it's simply way too undervalued at present, just my opinion here but strongly convinced.

Should be a good week here, Oil is also well back up.

Topped Up here, turbulent markets but seem to be settling.

As mentioned earlier, HUR held it's ground today relative to peers (PMO, TLW, and even RDSB, BP) who have been down most of the week so far while HUR has not and been catching up a bit, long way to climb back up towards a fair MC for HUR but the breakout rally here is now only about to start IMO.
GLA

HUR held it's ground today relative to peers (PMO, TLW, and even RDSB, BP) who have been down most of the week so far while HUR has not and been catching up a bit, long way to climb back up towards a fair MC for HUR but the breakout rally here is now only about to start IMO.
GLA

Strong feeling that we may see 4p+ by the end of this week.

Not possible at all to get quotes/buy in larger volumes (anything over 500K shares), no one seems to be selling at least at these ridiculously low/beer money levels.

IMOO, 10p+ here before this year end, DYOR.
GLA

Bernstein (and CA) are certainly putting their money where their mouth is here in HUR:

"Bernstein tells me he believes the ‘doom scenario is overdone’ and thinks there may still be recoverable reserves worth far more than Hurricane’s current £55 million market value."

I believe Shorters will utilise every given opportunity to close their positions during this week, remaining short here now makes absolutely zero sense and can be extremely costly going forward in my opinion.

It is "Crystal" clear that HUR SP is just simply crazy undervalued at present which IMO will now result in a truly massive upward correction rally in coming days/weeks/months ahead.