Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
asimpleinvestor, do you not have anything better to do than just sit 24/7 nit-picking at peoples posts on a message board?
Great stuff Sense, A couple of days off to recharge the batteries and you're back to doing what you do best..
The MM's must think there's something going on back up to 7.7 with only 48 trades when it's been sat low 7s for weeks.
fandg, The well doesn't need to run dry it just needs to become unprofitable and there’s lots if variables that play into this. HUR is only worth whats in the bank. Why would any buyers take the risk and pay a premium, you’ve done the working out until end of 2024 calculating 1p profit per lift. so do you really think buyer will pay 12p for such little gain?
HUR are being held back from investing and growing as a company CA are now limiting any future potential, HUR are being dictated to by a trust fund who didn't have the balls to take the extra step to take full control.
I think you need a break sense, you’re cracking up. Not once have i said CA are back stabbers they’ll look after CA fund and they have no allegiance to HUR PI’s. What i have insinuated is that you're kissing CA **** for some reason ??? CA are nobody's friend, there an investment fund and yes they bailed the PI out, that was over two years ago, it was for the sake of it, they were looking after their own interest, we got lucky on the back of it.
I know you think yourself and CA saved us all but the share price is 7p WOW.
A 70million dividend / return of capital isn't the answer IMO it will just crash the share price by the same amount. With vision the money could be invested elsewhere in joint ventures and the share price would increase on potential growth. This will never happen whilst CA pull the strings and with Maris at the helm. This relationship suits them both. CA are not back stabbing its just business.
Sense, CA want out and we all know this its going to he for a low ball offer anything between 8-12p IMO. There is now way CA will ever outs Maris with somebody who may have vision and a growth plan. Keeping Maris suits them. PI’s will get what ever CA now accept. Most people invested in HUR not CA fund.
A small oil company that is cash rich, oil industry booming and its being held back by a small trust fund.
are you truly so imbecilic and small minded that you would even consider senseman being lickspittle to ANYONE?
This is how you come across.
It’s either you’re are extremely gullible to believe CA are everyones friend or your just a brown nose like you’ve stated. I don't believe you gullible so only you can answer why your heads up CA’s ****?
senseman, If you really think CA wouldn't screw HUR PI’s to save face with their own shareholders and fund members then you're kidding yourself. You really do need to get your head out of CA’s backside. It’s damage limitation for CA also, HUR has been a terrible investment for them. Do you really think people are so gullible you’re constantly pushing the CA narrative..
You’d be surprised what people will accept once you insist two or three times running that they have seen what you tell them they have seen. You wont fool me or change my mind, many follow you on here and take in every word you say, A lot of what you write and say is good advise, however, everyones entitled to their own opinion.
I find it really odd how fast you are in the defence of CA when anybody has anything negative to say.
It’s clear as day that CA and this BOD are going to screw over the PI shareholders, I’ve been saying this for months. Let’s face I’m not the only one who thinks this, most of you will have the same feeling but are unwilling to admit it.
I asked for them to be removed.
Whats this, a sensible poster who’s not blinkered with reasonable and plausible views.
It was over for HUR when well-8 failed to materialise, it was back then when CA should of acted and removed Maris, why is he still here ? he's taken the company as far as he can, what else can he give? The companies value is only as good as the money in the bank and future lifts. Why are CA so reluctant to get rid of him ? its not going to have any negative impacts only positive if he goes.
It stinks and the only conclusion is CA are keeping Maris in-place for their own behind the scene scam and not for the PI benif.
Year after year, month after month, it becomes more clear that we’ve been / getting fcked over. HUR is a vanity project for a certain few.
CA are also incompetent, unable to oust Maris makes them look weak and rudderless.
Do you’s really believe Maris will let shareholders get their hands on this money without a fight. I actually think he gets pleasure in screwing over certain shareholders and a certain fund in the name of Crystal Amber.
There's nothing stopping Maris from dragging it out, its going to take another 2-3 offloads just to get the monetary value of the 7.7p. Maris will just sit on his hands laughing at CA squirming at the low ball offers.
Basically its a full year of offloads just to get to the 7.7 cash value. CA shareholders will also be fuming with them for all the false promises.
Three years of Maris taking the psss and its still going on.
Maris now has Crystal Amber where he wants them, willing to take a low ball offer just to get out even.
ROC / Dividend, who cares if your trading through an ISA you wont pay tax anyways. Either way is 70m the company wont be getting any growth on is it not ? With the additional expenditure and less in the accounts after this payment the share price IMO will reflect this payment and be significantly less.
A lot of posters on here see CA as a saviour and i agree they stopped the company from being taken over from the bond holders.
Who’s looking after the PI if CA jump into a deal with Albion ? PI’s will get what CA will allow.
The 70m redistribution will be reflected in the share price by the same amount if not more as the company's been reduced by that amount with less capital to invest.
The 3.1p is a fall back for CA in case whatever they have planned fails to go through. The’ve been invested in HUR coming up to 10 years for an investment fund i'm their shareholders expected better returns.
It’s the truth Dickbat,is it not? In a way you have to respect what Maris has done, he’s looked after his own backyard on the back of share holders. He’s delivered on production targets and looked after his staff well whilst sticking two fingers up at the big boys.
You could look at him as a Robin Hood type figure.
CA where never going to sack him it would of caused to much disruption, they looking to get out fast, CA are under the cosh from their own shareholders. With oil prices and the industry booming and the bonds being paid, how did this become such a mess ?
So the bondholders made their money, all the staff both BW & HUR along with all subcontractors are getting their slice of the pie, what have the LT share holders received back in return ? bearing in mind the profits being made?
Maris is a great CEO if you're on the pay role, his staff are amongst the top quartile within the industry when it comes to pay.
CA cant be happy with such a low return on their biggest investment over this time frame. Maris is playing them like a fiddle. An oil company unable to make a reasonable return for its shareholders during a boom time for the industry.
Gloucester, whats your take on the current productions rate? who’s paying for the recent pay rises that both BW and HUR staff have received along with the retention bonuses ?
cat5, sorry i missed your message, I wouldn't say the AM was no use to anyone else, it can be tailored and refitted and used for many operations.
lets wait for the yearly results am sure the cost related to the AM and total lift cost per barrel will of risen dramatically. HUR’s revised forecast in the midterms was already increased from $28 to $34 lets see what it really is.
Dickbat, My predictions are on tea-shack news. We can’t all know the the facts. “it is said that in every rumour there’s always an atom of truth.