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Probably one of the longest LTH, I bought in at 40p when the AM was still in Dubai being refurbished and well before first oil.
I've seen this company go full circle, from almost going under to an unbelievable come back to being a producer, with no debt and in a strong position, yet the SP and potential buy out is considerably lower than my 40p.
All things said, I was resigned to losing all my investment some time ago so will welcome gaining something back.
Bartlebottom,
You obviously have no faith in this company and are not invested so why are you constantly on this forum persistently
de-ramping this share ?
Getting paid to do so ? or just nothing better to do ?
botbot1202, before HUR even struck first oil they were 50p, now they are producing oil with POO at $70+ and the SP is 2p
As you say Hhhhmmmm !!
Bartlebottom, are you a reincarnation of Slift ?
Why don't you crawl back in the hole you came from, stop deramping and stop posting on a share your obviously not invested in.
I agree it could be a multi bagger but could easily go under too, nobody can predict what will happen and an investment now could make some money or you could loose the lot. The only thing for certain is that it will never reach the previous SP before they first struck oil, which says a lot.
Can you please substantiate this SP prediction ?
or is this just a blatant, un supported de-ramp ?
Urge all shareholders to vote please and ASAP. The 2 main votes are on June 11 and June 30. For June 11, it is imperative to vote against now. It takes 7 days for many brokers to get the vote registered and deadline is 2 days prior to vote. For June 30, it is also important to get your against vote done and dusted.
"Shareholder Restructuring Plan Meeting" and "AGM" - Resolutions and My Votes Cast:
- Shareholder Restructuring Plan Meeting to be held on 11 June 2021 (Special Resolution) but Votes to be in before 7 June:
1. That the Restructuring Plan as set out at Appendix F of the Explanatory Statement is approved. - VOTED AGAINST
Annual General Meeting to be held on 30 June 2021 (Ordinary Resolutions):
1. To receive the Annual Report and Group Financial Statements of the Company and reports thereon of the directors and auditors for the year ended 31 December 2020.
- VOTED AGAINST
2. To re-appoint Deloitte LLP as the Company's auditors until the next Meeting and to authorise the directors to agree their remuneration.
- VOTED AGAINST
3. To elect Richard Chaffe as a director of the Company pursuant to article 62 of the Company's Articles of Association.
- VOTED AGAINST
4. To elect Antony Maris as a director of the Company pursuant to article 62 of the Company's Articles of Association.
- VOTED AGAINST
5. To re-elect Steven McTiernan as a director of the Company who retires by rotation pursuant to article 64 of the Company's Articles of Association.
- VOTED AGAINST
6. To re-elect Sandy Shaw as a director of the Company who retires by rotation pursuant to article 64 of the Company's Articles of Association.
- VOTED AGAINST
Please vote ASAP and remind the HUR BoD that Turkey's Don't Vote For Christmas!”
Thanks British, I'll get onto both options now.
Could someone please advise how you vote, I hold my shares through Hargreaves.
I understand Your dilemma, I bought in way before first oil so am over 90% down, I also feel this is over but my holding is worth so little it’s not worth selling. Still waiting for the miracle that will most likely never happen!
If you have any value left I would get out now, it’s not often buying a car looks a better investment!!
3p would be an optimistic guess, 1p or less is more likely.
We've got more chance on seeing a dodo take off !
Fools and their money are easily parted, just keep buying more !!
You really do talk some crap !
HUR is yet another company that has emptied investors pockets and will disappear with all the money.
I can’t believe people are still putting money into this, I agree there has been a few issues, BUT, how can any company that’s producing and selling oil at the current POO be worth 95% less than it was before it struck first oil ?
This company is only going one of two ways, bump or buy out for next to nothing.
Rant over !
As a novice investor I as was sold the story and invested probably slightly more of my portfolio than I should, what I have lost is what I made over the last few years so not all is lost I’m just back to square one !
What I can’t understand and would like someone to explain is the market capital, at one point the MC was just short of £2bn, several months later, the project has progressed significantly so the costs required to complete the project are reducing all the time (except any delays or unforeseen issues) yet the MC is now less than £400m, can anyone explain this to a novice how it has reduced so much?
P4R
Jonesrichard, I’m not sure where that’s come from, I hold my shares in an HL SIPP, the monies to purchase the shares just sits in your cash account until the OO shares are purchased, any spare cash would just remain there and be available to invest in whatever you choose.