thanks for providing the link to all docs... interesting reads
https://www.hurricaneenergy.com/investors/financial-restructuring-documentation
reading this made me smile... especially the personal Emails submitted at the end...
....Witness Statement of Richard Philip Bernstein and Exhibit RPB1
Document 2,430KB
I couldn't access meeting as cant find codes needed through my platform.
anyone able to give an update?
Thank you for your email.
We have received a number of emails regarding the timing of the General Meeting requisitioned by Crystal Amber Fund Limited, and we have prepared the following response which we are sending to all shareholders who have contacted us on this matter.
In accordance with the Court Order received on 24 May 2021, Hurricane Energy has convened a meeting of the Company’s shareholders on 11 June 2021, where the Company will seek approval of the restructuring plan from its shareholders. The associated Shareholder Plan Meeting Notice is available on the company’s website at www.hurricaneenergy.com and has been mailed to shareholders. Further information regarding the Shareholder Plan Meeting will be published on the Company’s website in due course.
As stated in its 19 May 2021 announcement, Hurricane Energy is currently considering the content of the requisition notice received from Crystal Amber Fund Limited pursuant to section 303 of the Companies Act 2006 (the “Act”). Hurricane Energy will respond in accordance with requirements of the Act and make a further announcement in due course.
Best regards,
Hurricane Energy
I hold 250000 share votes on Uk platform (all voted against)
But also hold 650000 shares on a Swedish banking Platform and have just been informed by platform that I cannot/not allowed to vote. Legality issue blah blah blah?
Bidds (just back from school run) indeed you are correct ...email was little misleading...EMG vote 'by' 7 june.
?should II platform not used EGM?....its not a actual titled EGM on the 11th....is it...
anyway completed my AGAINST votes
! i just reread the email title after a coffee...yep..EGM 7th June
For others info. This morning II platform posted emails to me regarding ability to now vote.
Others need to now check they have the same access to now vote, and vote Against.
I hold shares via Interactive investor platform. I have regular voting right stuff posted through the platform in past... nothing for HUE at the moment...
Can others inform when they see their voting rights appear for II or any other platform.
fingers crossed, rather see whats left burn away that except the BOD crap give away
done, thanks for organising
(Me....Daily reader and chuckler....rare writer..)
Question i know has been addressed before and I was/kind of still am all for Hurricane using vast majority of current banked cash (guessing £170m ish??) for future growth. BUT doing simple numbers ..Share buy back...could we not afford 'just a little 'splash of cash £30-50million on possible buy backs at 8-10p range. I understand its not as simple as locking in £30m-£50m all at 8p-10p......but could we not take back 300-500k possible shares around current levels maybe 16%- 25% of total 2billion out there. Surely we would still have plenty ££ still in bank for future growth and more ££ still coming going forward, though at a ridiculous low Oil Price.
I believe the Lancaster EPS to be going great - If i could find more money i would add more shares, waiting for pay day.
Maybe i am missing something? But wouldn't a CMD confirmation of cash in bank for future development and a plan ...As well as share buy back be a nice to hear and benefit faithful shareholders further down the road.
AND PLEASE PLEASE MR RT a move to main market ASAP .....please
Grateful for any replies,
Find this all very frustrating and concerning ....its driven me to post something (rather than just read BB) in hope of relieving and forgetting said frustrations and concerns!..I remain a holder even if we kamikaze into the sea...**** it!
I don't expect or personally believe HUR Should or Have to respond to the recent crashing of the share price.....but i do find it baffling that they chose to RNS and Chill rumours that were bouncing around marketshows/twitter/BBplatforms about flame photos and massive 3rd drill results last year when the share price started to take a lift!..they told everyone just to chill a little..but sadly nothing now as we worryingly spiral down...fair enough HUR, i'll wait :(
And to just to add President/PPC recently put out a reassuring RNS regarding their confusing spiral of their share price (as they saw it!)...it went some length to reassure this investor, just saying.
'In March we Trust'
Haggis / Wulbert, Thank you for your replies.
The dspp link was exactly what i was after, helps trying to match things up to my own thoughts and 'try' to make sense of current situation and possibly value of GLA/or lancaster on its own ...all being well....we just have to sit and wait
All the best, have a great week
HI All, Long time following HUR BB reader and HUR holder for last 2-3 years, spent way to much of my time following this BB without wanting to get involved, but appreciate the occasional knowledge regarding HUR that is passed on. I've have a question .....'Could' GLA be sold alone to major/anyone on its own now or near future.....and at what ball park price?
In past reading i've seen possible HUR valuations by DSPP has posted linked to lemonfool (please send link again if anyone can!) and respect their and others efforts informing those active and inactive on BB.
In light of recent drill result and frustrating/mad AIM reaction got me needing a question answered, and so i don't feel i'm going mad, i know this is better answered after the 11th CMD but still....concentrating on GLA alone, if we hear 'all is well, positive and on target' with the EPS could GLA (or even just 500 mmbbl Lancaster field?? .....yes i know!..poss not alone field etc) lets say be a target by anyone for a sale from HUR??? and obviously right here right now what are peoples thoughts on possibilities of such sale of GLA 'alone' and price now and in possible 2020 future?
Right now i feel after all this time any backed up knowledge of possible shareholder return for a positive GLA alone would make me feel good lol..
please excuse any newbie mistakes
I continue to be a long term holder and supporter of HUR.