Member Info for Nitro182

So in the rns , it states the company is now authorised to purchase basf shares off market.

Suppose now we will see rns's related to this once the process has started.

Crazy , the reason for the sp tanking last update was due to no headway with buying basf out. Interesting.

I suppose you just have to buy as much as you can down at these levels and make the most of it.

Also thanks bots for the insight. Was there no mention of buying basf's shares? Thought that was the agenda for the agm !

So reading the full year 2024 results hbr had $748million cash and now hbr has $1.3billion cash.

That's a $500mill increase ! Along with debt being paid off too. Astounding.

Fcf of 0.9billion at just $65brent and 12mscf gas has derisked this share massively !!! That is a game changer.

It's literally got to be buys all around from the brokers , this is also at a huge discount at the moment because of trumps tarif chaos a few weeks ago. The market has to love this update. Iv just bought more to make it my largest ever holding !

Insane ! Cash also improved from $0.8billion to $1.3billion. What a share this is ! This share has to go beyond 300p in quick time !

But, she doesnt say carbon capture Acorn/viking are out of the equation.

Also she did not say the windfall tax wont be reviewed , she just said the tax remains at the same levels in Norway , theres an official debate to be had regarding the windfall tax that ends at the end of this month.

And to top it all off with brent only at $60 a barrel us British are still paying around 140p a liter due to even more taxes !!!

Due to labour pressure. Rishi was just trying to save face after the mess the torys made over covid through dishonesty with the public. I think the initial wft was due to expire this year ! Everything labour are doing regarding energy policy is going wrong , this is a good sign for hbr.

Well the windfall tax is under review so every chance of a Uturn , after all starmer has said previously protecting jobs is a priority.

Well there should be news on the basf share purchase. Hopefully a bargain that the market will love.

I like how the article highlights there's going to be a consultation on ending the wft. Happy days.

Londoner , are you accounting for the production that isnt sold at international market prices and is instead sold at agreed contract pricing instead?

Thing is , Europe have also said they are aiming to ban Russian gas imports by 2027. That's another win for hbr's production.

Isn't this the right time to merge with Talos?

Well the fact opec are producing more only means the US will produce less therefor stabilising the market , doesn't exactly mean we will see super cheap prices. Might affect the sp short term but I'm confident oil will stay comfortably around $60, especially with demand increasing due to low interest rates.

Almost as if that Argentina rns is a buy signal lol.

So just read brent averaged $75 between Jan and March , along with high gas prices this should give us a good idea on how the new Harbour will perform with fairly average prices which will be shown to us on Thursday.