Member Info for senseman

Had a read back - previous offload was May. current offload just occurred. next offload early/mid jan. so unless am missing something only 1 offload for March 25 DCU payment which at current Brent and S/£ exchange gives 0.245p. oh dear. if i have it wrong someone shout out. 4 dcu payments left after that - Sept 25, March & Sept 26, March 27. All of which should be significantly higher. will leave us needing circa 4.6p from 4 payments ie: circa 1.15p per dcu to reach 12.5p.

Laser et al - thanks for updates. Would appreciate enlightment on 2 issues if you are able:

1. When was the previous offload prior to the current one? I ask as the March 25 DCU will result from offloads 1 July 2024 -31 Dec 24. So if the current offload is the only one within that period. the March 25 DCU will be miserable.

2. My crude rule of thumb before oil price and exchange rate recently moved against us was 0.3p an offload. The recent movements against us have reduced this to circa 0.25p an offload. Do you see this as roughly correct? And does this mean there was an offload in July 24 so there will be 2 offloads contributing to your 0.5p estimate for the March 25 DCU?

Euston - Good of you to ask. Am OK, but basic situation unchanged. The HUR time & effort expended in 2021 after Covid destroyed my athletics main income stream, caused the damage as I should have been developing another income stream. 2023 events caused further time and energy damage. On current calcs my home will remain at risk until minimally 2027. I won't be investing anywhere for a while as cashflow is my prison and have zero risk-money.

For obvious survival income reasons I hope we reach 12.5p total or near as damm it. At that figure I get my money back but taking interest into account I will have lost. I am not 'deeply under water' re HUR. As I say, the time and energy expended on the fight damaged me.

Had I funds, I would currently buy Crystal Amber at 115p. It's NAV is 174p. Winding down has been extended to allow time for disposal of it's 2 remaining companies - De La Rue and Morphic Medical - it has roughly equal money in both companies and owns 17% of De La Rue and 95% of Morphic. De La Rue is receiving £300in 2025 H1 for the sale of one of it's 2 divisions. DLR share price currently 100p - Richard Bernstein of CA tweeted CA's target DLR price of 150p before CA would be selling. Morphic recently received a big regulatory rubber stamp for a significant new worldwide-applicable new product, and awaits 2 smaller regulatory rubber stamps. Worldwide product launch is scheduled 2025 H1. Crystal Amber used it's HUR sale money + it's DCU's (it has now sold them all) to increase it's DLA & Morphic shareholdings, and buy back it's own CA shares. For all these reasons I see CA's 17$p NAV as being realisable or near-to. It's shares are currently 115p.

Hope thigs are all good with you Euston. Keep cheerful and till again.

Readers - take note I did not read the miscreant's 18.51 post prior to posting at 18.58. I did not state £1 = $1.40 would occur in2025 (I hope it does not), merely that it was a forecast and since we were already a $1.32 and Brent $75 alerting reader's that even if the Prax deal occurs on time, 12.5p might be a dog-fight.

I neither named nor attacked the miscreant - yet already he is is at it again, discounting the relevant issue in favour of personal attack. I again point out - that the forum will have a further 2.5 years of reading his nonsense and decent folk being deterred from posting or reading, until an unless the forum collectively stops him.

The most telling recent post was Oldman45's, copied below, crucial sentence in capitals:-

"Oldman45: RE: Nimrod24 Sep 2024 11:12

Well said Rodney T. I endorse everything you say about senseman. I'VE KEPT OFF THE BOARD FOR SOME TIME AS I GOT TOTALLT FED UP WITH KEVER AND HIS INVENTIONS. I continue to look at the board daily and thank all those who are working so hard to keep us informed of the present situation."

Oldman is a long term ex HUR SH (now DCU holder) heavily involved in 2021 & 2023 court battles. I have 3 emails from similar long term SHs now DCU holders stating they no long post out of fear of being trolled by the deviant who bought in early 2023 & joined the forum. My factual statement is this - It is clear many long term SHs & members have been deterred from posting because of one member. Also, for every deterred-poster, multiples of non-posting readers have ceased reading. My apposite question is this - Why was this forum so negligent to allow itself to be infected & controlled for 18 months by a Johny-Come-Lately deviant who has on his bedroom wall hero-posters of disinformation clowns such as Chemical Ali (Iraq) & Sergei Lavrov (Russia)?

This situation has existed for 1.5years. We have 2.5 DCU years left. The miscreant is currently quiet because 3-4 long term holders recently stepped in elucidating what drivel he posted. But I am unimpressed - because interceding should have been earlier. Laser, Dive at al carry the burden of reporting offloads and DCU expectations. My task has been to stop deviants controlling the forum & scaring decent folk from posting or reading. I did not place myself in serious financial jeopardy (still existing) via the time I expended in 2021 & 2023 protecting others' investments, to be forced to read uncontested drivel or to rail against such unsupported. I will be blunt - I am disgusted at the forum's 18 month negligence in permitting decent folk to be afraid of posting. Further, when the deviant returns, if he steps out of line I will hold him to account until he gives up in exhaustion and hits the whisky bottle as the 2021 mob did- and I don't care how many lazy 'pop-in-occasionally' readers/posters I bore the t its off.

Turning to different matters - anyone with a Betfair account & 500 to risk might consider placing it on Harris to win the US election. She & Trump are both currently at 2.0 (evens). I place the odds at at Harris at circa 1.3 (3 to 1 on). Aside from all common sense rational, Prof Alan Lichtman the US election guru who successfully called the last 10 US elections based on the incumbent party needing to lose 6 out of 13 keys to lose the election, has called only 4 of these keys will be lost hence barring the unforeseen Harris will win. It's a fair bet one can trade out of on election eve if nervous, or lock in profit.

Lastly, I posted immediately Russia invaded Ukraine that Ukraine would win & Putin was toast. Russia's economic collapse has started. Slave Ukraina.

A year ago £1 = $1.20. Today it is circa $1.32. Last week Goldman Sachs & Times Financial predicted £1 = $1.40 in 2025. As oil is in $ and DCUs in £, the potential hit to DCU payments is huge.

In recent months Brent has dribbled down from $85 to today's circa $75. China economy remains in trouble. Potential hit to DCU payments is huge.

The confluence of these 2 trends will be the cause of the recent DCU payment being lower than the anticipated 0.8p. The bottom line being (i). we need Prax producer deal to start Q1 2025 to have any hope of seeing 12.5p. Even if it does start on time, it will likely be a dog-fight to achieve 12.5p since it will only have 21 months to impact. Should the deal not finalise, or be delayed beyond Q1 2025, the DCUs will be in deep trouble

https://www.exchangerates.org.uk/news/41566/2024-09-29-goldman-sachs-stars-align-pound-sterling-forecasts-raised-to-140.html

Hi Ron - during the writing of this have read Corry & nimrods both excellent posts tempering your motion with fact.

My overview is the deal was HUR negligent garbage which events are irrevocably proving. The risk factor was enlarged by a factor of (pick any number above 10) for court purposes. P6 having a back up pump was never mentioned. Expect P6 to exceed the end 2026 cut off date for 5-10 yrs at around +4000 barrels a day as sandstone oil pressure continues to fill the emptying granite cracks. Costs won't be an issue as the Aoku Mizu will be principally used/paid for by the purchased producer(s). Something which HUR could easily have done (alternatively one or more 'farm-ins'). 4K bpd at low $75 a barrel nets $105 million annually, ie: circa 4p p.share annually, less proportional production costs rightly alluded to by Corry.

From memory normal anticipated end of life decommissioning costs are already paid into escrow as a legal requirement of all producers. HUR's court scare tactic was to say that circa $50 million extra would be needed in the event P6 suffered unexpected catastrophic (pump) failure (crock of crap).

The bottom line is that purchasing a producer extends P6 commercial life ad finitum and unlocks use of the tax entitlements. All of which could and should have easily been done by HUR as part of normal professional competence.. This unlocks the potential to the green sunny uplands of +25p and beyond. Fact not fiction. That is the essential message of your post which I endorse unreservedly. Prax will make a fortune off our backs.

From ADVFN (kever aka bionic troller, one of a myriad examples)

"03/9/2024

11:00 Stop lying you scammer

You said Prax were in no talks with any north sea oil producer. Under 2 months later they announced the deal.

They had been talking to this compnay for 8 months for gods sake.

You said your "2 impecabble sources" said NO TALKS were even taking place.

You were 100% wrong

You are the scammer and liar not me you fool.

Prax are talking to more producers I am told. what do you 2 impecabble sources say liar ?

bionictroller"

...too pithy.....

Esk - let's not fall out - it's his gameplan. if my comment was too pity am happy to retract, it with apology. my irritation is because a few others and I called him out within a fortnight of him joining the forum last year (not 'years ago' by his wonky calendar). since then he's been given a zillion chances, which has only encouraged him to get worse. he's a classic egocentric narcissist who crossed my red lines in those first two weeks. the forum used to collectively deal with nutters like him easily - but now we have members scared to post against his drivel for fear of him trolling them unchecked. that is terrible. and it is definitely not ego which compels me to rein him in. you can see i only get going when he gets lying and bullying

Nimrod - thanks for the recent comment. Appreciated. If members don't cut kever down when he oversteps the mark, the forum can look forward to 2.5 years of him playing the big 'I am' and telling everyone the Prax deal is great and they voted for it.

Hi Ron - good to hear you after a long silence. And good to see you still know how to use humour to make a point....). Yes, Kever is ADVFN's 'bionictroller' - he usually just copies and pastes from here. He's too thick to get that you're extracting his urine.

Newby Kever's pitiful resume till recently was buying in at 6.5p, immediately voting for the Prax deal and telling the usual nutter porkie-pies. He recently gravitated to market-manipulation, and insulting most DCU (ex HUR) PI's by telling them they thought the Prax deal good, and voted for it. I knew he'd get round to the history-rewriting eventually. I just drew him out quicker.

Been away a few days & just read small-brained hank & eski's posts re being bored! The lazy fools (who both kissed Kever's ass in the past hence encouraged him) don't realise all they do with variations of 'six of one half a dozen of another' rubbish was let him off the hook when he was nicely boxed in, so he can start up again. Which is what he's just done.

hank & eski - am sitting on a dozen personal emails asking me to keep boxing in kever because he's poisoning the forum - including two from members who used to post but state they no longer do because they couldn't cope with being trolled by kever. Do you get it? - members are scared to post because of the deviant...!!!

Kever - I wish to be fair. You have (inter alia) made 2 statements of fact. The latter today 08.39am. The former on 19 Sept 18.46pm. Both are reproduced below. My question is simply this - Do you stand by these statements of fact, or would you like to retract or amend either? A yes or no will suffice. It will assist the forum if you answered directly and avoided your usual politician tactic of avoiding the question and attacking the questioner instead.

(Today 08.39am): "The vast majority of private investors (the constituents of this forum & ADVFN) voted AGAINST the deal."

No they didn't. A lie

"The view of the vast majority of private investors that the deal was appalling is easily obtained by reviewing the forum history of the relevant period - I suggest you do."

Complete and utter rubbish. A dozen or so bulletin board posters does not constitute "the vast majority"

(From 19 Sept 18.46pm): "I am not on ADVFN and never have been. More lies from you."

Kever - you are a greater imbecile and history rewriter than even I imagined:-

The vast majority of private investors (the constituents of this forum & ADVFN) voted AGAINST the deal. Institutions swung behind the HUR BoD & CA because it was not their personal money and essentially they didn't give a damn & preferred an easy ride.

The only reason the deal passed the 1st essential statutory 50% hurdle was that all private investor votes, however many hundreds or thousands, submitted to each broker (eg Hargreave), counted as A SINGLE VOTE because a nominee broker constituted a single name on the share register. Had private investors not been disenfranchised in that way, the 1st hurdle vote would have failed by huge %. The judge could have opted for a recount with each private investor broker-held vote counting as one, or allowed private investors time to get their names on the share register by buying a few shares outside of broker-nominated (eg. ISA) accounts. But he lacked the balls of the 2021 Judge and elected not to act boldly and correctly..

The view of the vast majority of private investors that the deal was appalling is easily obtained by reviewing the forum history of the relevant period - I suggest you do.

You are thick, ignorant, and nasty with it - a dreadful combination. And seeking to rewrite history and thereby abuse readers' intelligence puts you beyond the pale.

Kever - you can barely read or write properly, let alone think or reason intelligently. That you bought in at 6p and may or may not double your money to 12p is a wholly separate issue as to whether HUR being sold to Prax for a guaranteed pittance (6p possibly rising to 12.5p) was a good deal for HUR shareholders who, almost to a man, viewed the sale as theft. Or are you truly so thick that you cannot understand the distinction and separation between issues?

Every time you post, trying to play the big 'I am' on the back of buying in at 6p and possibly seeing 12p back, readers inwardly groan and think...'Oh dear, it's the pathological liar who said that selling to Prax for peanuts was smart.' And half the forum have popped over to ADVFN at times and seen you copy & paste your LSE posts under your 'bionictroller' moniker there. Or did they all imagine it..?

Everyone sees and knows how thick, ignorant & pathological you are. The only one who doesn't know is you - precisely because you are too thick to grasp how thick and ignorant you are! There are more intelligent, aware creatures lying on their backs at the bottom of pond than you.

So do keep posting drivel and monster lies, and trying to take readers for fools. You'll fail. And I'll periodically shame you when the mood takes me. Big kiss x

And I will repeat the view of most HUR/DCU holders - that only a moron who bought in at 6p/6.5p would willingly vote to cap their profit at 12.5p. You are that moron.

Kever - thank you for effectively refusing to respond in any way to the forum's courteous request that you answer 2 simple questions in order to clarify. You have effectively provided absolute proof to the forum that you a pathological liar and troller. Your ADVFN moniker 'bionictroller' is telling.

Instead you have responded with a battery of further lies. I will respond to only one - namely that I am deeply underwater, hence post out of bitterness:-

I have REPEATEDLY posted, over several years, that if we see circa 12p, I will see returned to me the money I invested. That is, that I am not 'deeply underwater' as you repeatedly assert despite being fully aware that I am not. Also, others who attended Court and HUR meetings on various occasions know this to be correct as I reported such to all when we discussed matters. My concern and deep sympathy has always been visibly extended to those who ARE deeply underwater and have lost heavily through, in my view, fraud. Kindly desist from comment you know to be false about my personal position.

Kever- thank you for your latest bout of shouty-abuse and unsupported statement. Several members have in recent days via private email asked me to post the following request to you. Namely: Please could you help the forum by answering 2 easy questions others have also asked before. ie:

1. Can you cite or provide evidence OF ANY KIND that Prax were talking to Total for 8 months about the provisional deal before an agreement was struck? Note: The long lead time for the deal to complete (currently 2025 Q1) indicates that most due diligence was still required to be done after provisional agreement was struck.

2. Did you instruct Mason Doick, Corporate Head, JP Jenkins, to find you a seller of 5 million DCU 2's. Note: Mr Doick has stated you did not.

If you do not wish to answer either question, please could you expressly state so, and provide reason. The forum would appreciate clarity on these issues and awaits your response with interest.

NB: If I may offer gentle advice - that persistently attacking me only harms your credibility. Via my long history, readers know I do not invent sources. And neither miscite or embellish what I am privately told. And that I often know more than I post but, respecting privacy, limit comment.

3 months later - dear kever - 3 months later - plenty of time for talks to commence and result in a provisional deal - as others beside myself have repeatedly explained to you. NOT 'a few weeks'

my (trustworthy) sources were greatly surprised but pleased at the deal, and have confirmed it occurred very rapidly. but wary of excess jubilation since the deal is provisional, and it remains possible that the 2025 Q1 target can be missed, or indeed the deal not conclude. your repeated assertion that Prax were discussing the deal for 8 months prior to it's announcement is a complete falsehood. others have pointed out that nothing was seen in the trade papers and invited you to supply evidence to back your assertion (which you have ignored). the bald truth is that you were screaming on a wing and a prayer that Prax would buy a producer so that your assertion that 12.5p was certain (again stated on a wing and a prayer) would not fall flat. that your long-shot wing and a prayer shouting came in with Prax belatedly shifting it's ass does not alter that you are a serial liar and deceiver.

and please explain to all how it is wise and clever to, having bought in at circa 6p, to then vote to cap your profit at a maximum 12.5p (should we get there - it being far from certain). should we reach 12.5p the only thing proven will have been that HUR being sold to Prax at that capped figure was that it was huge theft from HUR shareholders. put another way - if well P6 is still chugging along in Dec 26, and HUR had bought a producer or agreed a farm-in, are you seriously suggesting that HUR's share price would then be less than 12.5p? the only circumstances in which HUR being sold as it was would have been a good deal was if well P6 had gone belly up within a few months.

you were tagged as a deviant within 2 weeks of joining the forum . and within days of posting on ADVFN under your very apt moniker 'bionictroller'. nothing has changed.

it's a pleasure to periodically embarrass you and remind all what you are. by the way, you still haven't addressed the 5 million DCU 2's issue - please do - were you lying, or is the corporate head of JP Jenkins lying?

3 months later - dear kever - 3 months later - plenty of time for talks to commence and result in a provisional deal..

there is a world of difference between honestly held opinion which is proven wrong (as i stated i hope it would be), and your pathological lying.

it's lovely to see you so rattled. lovely x