Member Info for schlemiel

market cap of around £200m. $16m cash (£12m). BOPD of around 3500.

Hur. Market cap of £75m. Cash is 6 or7 x that of TXP. BOPD 3 x that of TXP

The bonds redemption is the key to unleashing this stock. Any hint of positive news on this issue and I believe you'll see a material rerate. And then we have the other assets that the last board said they'd invest in if their scam plan of the company's restructuring was approved

I hadn't noticed this analysis before. A brillian psot from HH and provides real hope for those sat on heavy losses

Hllnv

You won't go far wrong with that investing style mate especially in relation to explorer cum miners. Good post and good luck

And always remember knowing when to buy and when to sell is the ultimate litmus test of successful investing

It could be a lack of liquidity which may explain why you couldn't get an online quote. Pick up the phone and speak to your broker to execute the trade

'Trading in the Company's ordinary securities will continue on the London Stock Exchange during this period.'

Speak to your broker mate cos this stock is still trading on LSE main market. There is no reason why you cannot buy the stock. Of course the stock is suspended on ASX so obviously no trading on that exchange

There are 165 mining concessions overlapping the territory of the Shuar Arutam People (@cgpsha1
), despite their repeated opposition to mining. Last week, they detained 4 workers of the Australian mining company @SolGoldEc
that entered the territory. https://gk.city/2021/07/10/pue

https://twitter.com/amazonwatch/status/1414899660574138371

And maybe they can find ways of upping production at Lancaster ?

'reserve determination projects'.
'petroleum reservoir systems'

Now, will these two fellas with their experience in the above unearth any dodgy nonsense with the last CPR produced by ERCE or will they confirm that the ERCE CPR was an accurate and data backed estimation?

If they can downgrade then they can reverse that downgrade if it's proven that numbers have been jumbled around for corporate purposes

LONDON, July 14 (Reuters) - Saudi Arabia and the United Arab Emirates have reached a compromise over the OPEC+ oil supply deal giving the UAE a higher production baseline, an OPEC+ source said on Wednesday.

The UAE's baseline will be 3.65 million barrels per day after the current pact expires in April 2022, the source said.

https://www.reuters.com/world/middle-east/saudi-arabia-uae-reach-compromise-oil-output-deal-opec-source-2021-07-14/

-

that's that uncertainty out of the way giving HUR a little m ore clarity on future prices of Brent

nm

Volumes 4m at present so market is ambivalent but neither is it panicked in the slightest so that's a good base to work from

Last board of chancers predicted 9k-11k bopd and we came in near top of the estimate

'a twat'. LOL.

https://twitter.com/Arden_Partners/status/1415213580736155652

Hurricane Energy Lancaster production steady. Please see Arden’s note on the portal: https://research.arden-partners.com/portal/portal.html

NGR

We will let you extrapolate into the future your assumptions and then we will see as to whether or not those pesky bonds will be redeemed on time

There'll be a cash shortfall to redeem those bonds but Bernstein hasn't come this far to allow the feckin' parasitic bondholders to convert their debt to take control, delist the stock and then sell off piece-meal each asset for a MASSIVE PROFIT...leeches

What would be the cash shortfall at bond redemption date in 2022? I reckon about £15m-25m at current oil prices assuming BOPD is stable? Is that £25m a signficiant shortfall? No.

O_B

Yes, you're right. There are far more positives than perceived negatives. Nice to see the company enjoying full sale price on unhedged barrels.

I don't see OPEC+ undoing their hard work of the last 12 months and allowing the POO fall back again to silly levels as we saw last year. Hurricane needs OPEC+ to do them a favour for the next 12 months or so. If HUR's sales were hedged then income would be far less

Keepwell - Interest payments due rather than redemption of any bonds

Bernstein will be determied not to allow the bondholders to convert. Bernstein hasn't come this far to allow that to happen.

'As such, not all of the net free cash would be available for repayment of the Convertible Bonds at their maturity in July 2022. '

Is there a placing coming or maybe asset sales to plug the funding gap?

https://stockhead.com.au/energy/got-gas-gas-fired-recovery-hinges-on-the-beetaloo-but-cheap-it-aint/