Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
O&G M&A pick up, particularly in the North Sea, and specifically this one, puts a big spot light on the now very much undervalued HUR, and with POO on the rise, we could get an outstanding premium here with any potential takeover/bids.
https://www.energyvoice.com/oilandgas/north-sea/284194/centrica-sell-spirit-energy/
Buying Time - Lucky Daye
Captain, Also missing air travel a lot, used to travel regularly for work and 2 or 3 holidays a year, now lost one year due to the Pandemic but plan to make it up (if possible) once things normalise a little.
At least we know that somebody is not you redleader1, and what a surprise!
Their website seems to be regularly updated, and have many subscribers, personally, I like the way they calculate "Fair Value" but that is just my own opinion FWIW.
HUR assets/licenses lie in an extremely oil rich region with considerable exploration potential, and odds on another O&G "Super Cycle" post COVID-19 are increasing, hence IMO, there is a decent chance that overtime, LTH will see 30p+ here and with potential for future exploration success, even higher SP overtime is a possibility in this oversold company, you only loose money if you sell, and why sell at these crazy levels, JIMOO.
Good Post.
Good Post. Upside potential in HUR overtime from these very heavily suppressed levels is certainly much more than most (if not all) O&G shares trading in the FTSE today, patience is key here in my opinion.
Once a "Forward Work Programme" is announced, and if sufficiently convincing, then IMO we are due a massive positive re-rate here along with forward momentum from current much suppressed lows.
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Good positive update, thanks Pisces.
Also here for the medium to long run (~2 years+), and completely agree with consensus that we are likely to see HUR SP in double figures a lot sooner than many may currently expect, additionally, also optimistic on Brent prices post US elections when I believe a Vaccine will be even much more fast tracked once political consensus is there IMHO.
Also remain very positive here on longer term SP potential, and eagerly awaiting updates on the HUR "Forward Work Programme" with much interest.
Thanks for the update Pisces21, must be part of the "Forward Work Programme" in motion.
HUR valuation today makes no realistic sense as both crude and company fundamentals demand and represent much higher potential valuations thereby, any positive update here will act as a massive tailwind and have an extremely positive influence on the HUR SP along with it's forward looking direction.
All Good For Oil Bulls Here:
"Implied IEA Oil Supply And Demand Balance Suggests No Excess Inventories By Year End"
"IEA's oil market report was released yesterday suggesting a Q4 2020 market deficit of 4.1 mb/d"
https://seekingalpha.com/article/4379299-implied-iea-oil-supply-and-demand-balance-suggests-no-excess-inventories-year-end
HUR is a long term buy and hold here, unless an active trader, anyone investing in the stock market should not pay attention to daily fluctuations at all as it can make one prone to continuous mistakes, patience is a virtue and in the case of HUR, it will IMO be extremely rewarding within ~12-18 months time frame, please DYOR.
Hope he is well, any updates from Gasman would likely by now be outdated.
Means Time To BUY!
Expect a strong afternoon and in particular very strong closing rally today, decent upsides ahead here in coming weeks as being this much oversold IMO.