Member Info for NeverSayNever1

Depends on what price they have hedged, could be lower or possibly even slightly higher IMO, need to verify.

Saskia, thank you for the update, looking good and very promising.

Oil Up Circa 2% so far today.

Excellent posts, and fully agree with consensus and facts as stated. However now with increasing oilfield M&A activity globally and in the region along with Brent starting to gain traction, IMHO HUR will be taken over much sooner than some may presently expect and if so, hopefully as few have suggested in double figures, time will only tell.

Long long way to go but nevertheless a start here post the first RNS/Update from new HUR executive team (after the kitchen sink episode), we are on our way, and as mentioned earlier here, makes sense in Arden keeping their HUR PT at 10p, HUR today is easily worth 10p+ minimum and if there were a bid in what's left of this year (which would be a very prudent move by any potential bidder here), it would have to be somewhere in the 12-14p range, and next year even higher in my opinion, thought worth repeating, DYOR.

Good/Brave call on the "blue finish" today M4L, evidently odds were stacked against it when you made the call, well done!

This could very well get taken over before we can blink, it certainly smells that way! However at present, I don't believe funding is an imminent concern here that new HUR management/bod cannot handle, particularly if the POO ticks up a little next year.

Small market cap here at these valuations and hence, HUR SP can easily be manipulated, particularly on lower volumes, this will only change when the market cap eventually rises much higher and IMO, towards much more realistic valuations.

Makes sense in Arden keeping their HUR PT at 10p, HUR today is easily worth 10p+ minimum and if there were a bid in what's left of this year (which would be a very prudent move by any potential bidder here), IMO it would have to be somewhere in the 12-14p range, and next year even higher in my opinion.

New improved management can make all the difference here, apparently also few positive cost management initiatives are also recently being implemented.

Good and very solid RNS, should clearly be extremely market positive IMO, particularly post the unnecessary/large SP drop of yesterday.

"Crystal Amber has to offload 11.55% yet.." Why would an "Active Investor" like CA significantly increase their stake in a share that has a one of the biggest spreads around in today's extremely volatile global markets where they can easily make much better returns on other trades unless they truly believed in the huge and current undervaluation in HUR.

Strong finish on good volume, and with Brent now well up, should be a great rest of the week/month here in HUR.

As POO slowly but surely ticks up from current lows and supply and demand picture improves in favour of Oil, O&G M&A activity/Consolidation will significantly pick up and HUR is a prime target in that respect and this fact can certainly not be ignored.

As already mentioned: Huge Tax Credits, Decent Cash in the Bank, Reserves Upgrade Potential post recent brutal kitchen sinking (with CA now sufficiently confident to significantly increase their HUR stake), M&A/Take Over Prospects on the rise with increased such activity in the North Sea, New Proactive Management fully in place...............so many positives here in HUR, so try not to sell your shares on the extreme cheap/beer money, and buy at these crazy low levels if you can IMHO, GLA!

Agree with consensus, good tailwind here with many positives around, HUR re-rating way north could be imminent IMHO.

Noticeable increase in M&A activity within the O&G sector is certainly interesting news for HUR which IMO is currently a very likely takeover target, particularly at these extremely depressed SP levels.

Oil already back up ~4% today, HUR market cap being small, SP here sees a lot of manipulations, however as trading very much under fair value at present, IMO HUR SP should easily cross the 5p mark before this month end.

Huge Tax Credits, Cash in the Bank, Reserves Upgrade Potential post brutal kitchen sinking, M&A/Take Over Prospects, New Proactive Management in place...............so many positives here in HUR IMHO, so try not to sell your shares on the very cheap for beer money, and buy the Dips if you can IMHO, good luck!

DarkEnergy, It is the trend that matters here which is slowly but surely gaining momentum IMO, let the trend be your friend, follow the money, and all the best if you are invested here or elsewhere.