Member Info for RG27

0161:

So in simple terms, if an oil producer buys Hurricane and absorbs it into their company the purchaser can utilise the tax losses.

Sonny.

I know the feeling as I have a number of similar investments with substantial losses and I sympathise (Sirius Metals lost me £32,000) with all who are currently in a substantial negative position; I'm just taking advantage of the current price on THG as any investor would. Hopefully any increase in the value will go towards alleviating the losses on other equities and believe me I really hope that the price hits a level that allows you and others really hard hit to eventually break even and profit.

Sonny
Makes no sense to first say 440p and then lower it to 150p even though the company said they performed like they would.

I'd be happy with 150p.

30% discount...

I'm not sure how this is justified by the 4th April RNS. Seems to be a rather generous offer to someone.

The Orior Capital report suggests a current value of 4.8p/share based on peer comparison of similar development stage companies, noting also KEFI's estimated NPV of 12.9p/share based on the attributable values of its three key projects.

Mr Wiks
The USA seem to be most vocal about fuel costs yet the US markets have managed to raise the price of crude by 4 dollars today.

and Brent back up to $111

Aspers.

Always wise to be less than enthusiastic, enthusiasm is good but unless anyone has the dubious advantage of insider trading I would never suggest to anybody that investing in any equity should be done with funds one couldn't afford to lose.
I'm not too sure that 6th sense can be classed as insider trading, but it's a strategy that has some potential I suppose.

Aspers

TSSZ…………it’s maybe cheap for a good reason?

Matd seems to have taken the reins over from Hurricane Energy.

All sorts of comments denigrating the company and the management, sp all over the place, so many investors with crossed fingers and many with little appreciation of the situation. I've even read a number of posts staing that MATD has the oil. That's hardly true, MATD has a licence to drill, they don't have oil, it's still in the ground.

Once they have the oil the share price should increase.

At least I hope so as I too am one of those with fingers crossed. I admit my knowledge of the oil industry is probably less than that of some of the more prolific members of this BB, however I have not done too badly with Hurricane, currently sitting on a profit approaching £95,000 having originally invested at 40p and averaging down to below 4p.

In my less than professional opinion I beleive MATD may well be another Hurricane.

Quite a low spread bid/offer. Tempting people to sell perhaps over the last 30 - 40 mins of trading?

John:
I will happily eat a hat if I'm wrong (hat type suggestions welcome) but this sounds like another deadline likely to be immediately broken.

A pork pie ?

https://s3-eu-west-1.amazonaws.com/images.linnlive.com/2f06243b5bff8cb7643e6814e9bb7aa5/2260ffa7-c1e2-49cf-b06c-d58c4269d952.jpg

Smallfish:

Very childish the Chinese when they can’t get their own way, mmmmmm, who does that remind me of?

I didn't know you knew my wife and her wish for a new kitchen.

https://uk.finance.yahoo.com/news/exclusive-chinas-cnooc-plans-north-113018658.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAABftxTBcAf9PSnfQFjyqa6MqnG4-NMxy9tVwXLMkmb5Y01hd-WwawNwRA5aqQtPCsPLTXUOD-TzA0Ph3UvKLgsrzFH2wbgcejaYSBI9LTYMY9KD-M2AT4yekx_CAoMgowGfvl1aLenMPdXern7Rzubx9HUXUvFwWB5PC2E5QtOoY

It looks like a political move on behalf of the Chinese.

Oil Prices Drop As China Initiates Biggest Covid Lockdown In 2 Years

Brent just dropped and is still dropping

Indeed, a good time to buy.

After showing fall of a little over £9,000 so far today on Friday's close puting in a small top up seemed the right thing to to

Look back a year ago Michael, price around 1p. So 6p a couple of months ago was a miracle.

Noel,
RG27 - I know - as in life generally - I have NO influence whatsoever. Thank you for reminding me.

So true of the majority of people worldwide.

and as far as Hurricane is concerned there are even fewer as a percentage of the shareholders that have any influence.

Morning Noel,
Any voting - extremely unlikely - and he will receive all my 200Ks worth.

Should a proposal to remove Mr Maris be requested at the AGM it will be decided by a vote of shareholders and I suspect that your 200ks worth will not be sufficient to be a contibutory factor in the result. It is in fact a very, very small holding.
But I appreciate your candour.

It will be nice to know the final value of today's delivery.

https://www.vesselfinder.com/?imo=9233806

Unless the price drops from its current level for the remainder of the month then for this current load it is likely that BP will choose the first 5 days of the month to peg their price to somewhere in the region of US$108 - $110. then there will be the usaul marketing and ancilliary deductions. Does anyone have any idea on the quantity loaded.

Or am I wrong in the above assumption?

Of course somebody knows something. I was very impressed with peoples knowledge whilst watching Mastermind and University Challenge, unfortunately none of it was relevant to Hurricane.
The continued steady increase in the share price is down to the strength of the price of oil, the possibility of further Government approval for North Sea investment, the imminent removal of the last millions of bond holder debt. This is tempered by the negative or at least lack of positive news from Mr Maris.