Member Info for noelpbz

Fish123. - Readings (ie 0.1750) are in Million Cubic Metres - so 0.1750 = 6.2mmscf/day OR 1.99Mtherms/month.
Angus currently receive 0.5205pence/therm for first 1.75Mtherms then balance at market rate currently pushing £4.
You need to read up on the hedging agreement - view either CPR(Oct21) or AGM(March22) notes on the website under “NEWS”

https://www.hurricaneenergy.com/download_file/force/718/224

You can view Form of Proxy on HUR website.

Share buyback would put CA in total charge.

RE ISA I was implying there are limits to what you can invest in total.

NO - the current threshold is as YOU say at £50270. - but less current allowance, means you pay at 20% on the first £37700 - then that 40% kicks in on ALL over your number £50270.

Deltalo - NO you are right - I was deducting the Personal allowance.

I don’t think an ISA covers all eventualities regarding Taxes due.

NO - I’m afraid its £37700..
https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2022-to-2023

You can claim for losses for past 4 years regarding CGT but NOT on general income (ie dividends).
Total income threshold before you pay 40% is £37700.

On another RNS matter, the current dividend allowance is £2000 - so anyone with more than 70k Shares will be hit.
The dividend allowance for 23/24 drops to £1000 and in 24/25 £500.

RE RNS - What was all the agitation regarding early repayment and final redemption of the BONDS.
It seems to me the solution was available throughout.

Mr008. - just click on his name and you will see ALL his comments.

Intriguing what they’ve had to do to the crane tyres - I asume some critical safety issue.

Agree - GAS gives us~ £700K/day

Re Hedge values Q1 my final numbers are wrong - I used 92 days in Q1 NOT actual 90 days (February 28 days) - so final numbers are 8.1mmscf/day and MINIMUM 6.89mmscf/day.

P-beck :
Jan 23 to March 23 hedge volume is 5.25Mtherms plus deferred volume of either total 2.25Mtherms, total 7.5Mtherms (730mmscf) ie 7.9mmscf/day.

OR if deferred volume is spread over all H1 then 5.25Mtherms plus 1.125Mtherms total 6.375Mtherms (620mmscf) ie 6.74mmscf/day.

HITS - I think you will find its 2.25M deferred.

730mmcsf required Jan23 to Mar 23. - ie average 7.93/day.

The hedge is satisfied on a monthly basis - anything over 1.75Mtherms/month is sold at market rate. Angus receives that market rate in full + the hedge value at 0.5205/therm.