George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
So it sounds like RB “believes” In his deal. I believe I’m attractive to super models. Both carry no merit.
Publish the other offers Richard!!!!
I’ve been in Hur since 2014 and dabbled in CA as well over that time. I am staggered that after all the efforts and costs that CA put in to save Hur from the original crooked deal, they then sign up to this awful deal for peanuts. It just goes to show that the board have no clue or care towards the people who actually put up the money, they are in a win win situation whichever way it goes. The rest of us will now have to dig a little deeper, work a little longer because of their greed. Vote them out I say! I wouldn’t be surprised to see the share price heading closer to the low 90s’ from the fallout of this farce. Vote them out!
So, how exactly did they get in on the deal without being on the boards? Surly that would be a breach of confidentiality of the fsp
Add my 169169 to the no vote
Well, reading all the theories about why the share price is dropping what If I was a bond holder, who really was disappointed that I couldn’t get 95% of the company for nothing and either still wanted it or just was miffed, I would do my best to drop the price so I could buy in as I get my money or just do some damage because I can and I’m alright jack. No bases other than musing over washing up. I’m not panicking, I’ve seen this happen soooooo many times with HUR
I agree, I would think it was highly unlikely for Hur to have secured both contracts on the same day so it seemed to me strange that we should get a positive RNS last thing on Friday, it just takes some wind out of the sails releasing it then. At least it was positive for once.
Personally, if you don’t have skin in the game then your not aligned with the interesting of shareholder’s. He has had plenty of opportunities to buy in but hasn’t. Savings or not, that shouts out a loud message that h doesn’t believe in investing in Hurricane. I’d rather see fresh blood in.
CRS have released 3 RNS statements today, Thinking out aloud, with their share buy back scheme will this increase the % that Saba hold? Could CRS be upping there stake in Hur to put pressure on Saba to back off otherwise they will take us over and then leave Saba to have to fund it? Plenty of games afoot!
To me it’s all very suspicious with this Saba and CA purchases. The timing and the purchasing of stock near the 30% margin all smells like we are still being played by an unforeseen hand. I think this will either fly after the 25 November or plummet and as a long term holder I don’t know if I have the nerve to go through all that again.
Looks like we have 5 new directors joining the Board.
I wonder if we will start to see bonds being offloaded as the guilty try and distance themselves from the ex Bod. I can’t imagine that our ex Bod will not turn on one other to save their skin.
We need PI’s to get behind this like they did at gamestop! #stopthehurricanerob
So, how many shares would Kerogen need to get over 25% holding to block the arm/egm vote
Very much a, you mess with us, we’ll mess with you, tactic in my opinion. There’s no such thing as coincidence on aim.
Hmmm anyone else wondering why Saba capital is rapidly upping their stake in CA. Friends or Foe? Could they be bondholders trying to stop CA?
Crazy to think that as an oil producer HUR has a Market capital less than Aminex at the moment!!
In my own opinion, if this is being attempted to be killed off, it’s because someone wants it and doesn’t want to pay for the asset. Traders could make a hell of a lot more on pump and dump instead of trading at this price and range.
I agree on this one, the ksa want to reduce Americans shale business so why would they and the Russians let Trump broker a sweet deal in the USA favour. I could see Putin just ramping up production to increase the pressure just to get a deal on his terms.
I was listening to radio 4 this afternoon when they started talking about fractured basement to generate electricity. Very interesting to know that when the oils over we can go Green https://www.uniteddownsgeothermal.co.uk/project-overview
Ahhhh, so my next thought is if the wells are slowly opened then the ship will use all the available gas for power and we won’t see a flare until both wells are fully operational?