Member Info for senseman

calcs are from memory, so don't shoot me
and i think maybe conservative by 6 mill currently - so i reckon 60 mill short at present
if then work it from mid aug? when last offload, i reckon at $75 HUR could be debt free by early Jan (ie 4.5 months oil), if oil in AM by early Jan is counted
also remember there's 15-30 mill sitting there as early BW termination fee and wind down costs July 22 - June 23, some or all of which will naturally fall away as and when HUR escapes bonds

cash target 152 mill
cash in bank 122 - 61 = 61 mill
61 + august offload say 25 mill? (i think more) = -86 mill
152 - 86 = 66 mill short
need to make 66 mill profit from 11 months oil from mid aug to 22 july 22 = = circa 11 months
by my fag packet at $75 HUR takes circa 5 months to make 66 mill profit, so free and clear by Feb, sooner if buy back more bonds in open market as can do now. by 22 july could have plus 50-70 mill in bank

on a purely selfish note, i'd welcome the coming of an ice age and hell freezing over this winter

US winter predicted severe cold, well below average
China winter predicted average
Good for HUR
I pray HUR are not hedging at +$4 a barrel cost

Apology
Meant CFO throughout (not CEO)

Schlemmy
If and could are little value words
Strip things to basics
The Chair & CFO are the natural negotiators in such circs, not two new BoD oilers

Do you think Chair & CEO nailed former best mates b/holders to floor re bond repurchase figure? Or tweaked it so that b/bondholder former best mates got highest figure HUR was prepared to pay?

Chair & CFO won't volunteer bodies up - cos they'd be volunteering themselves up as well. They will only offer up bodies if the 2 new guys or CA uncover enough leverage to force them to give up other bodies

Chair & CFO hate Bluewater - BW emailed CA saying HUR (Chair & CFO) were telling porkies in Court. Do you think Chair & CFO will agree a simple good for both sides deal which should occur? Or be confrontational with BW, seek to stick it to them, and make it hugely more difficult?

Chair & CFO hate HUR, have been humiliated and egos bruised, best friends still fellow crooks b/holders. Unless human nature has changed or they have found God, their egos will demand revenge. They will still seek to be at it any way they can. I hope they are being told precisely what to do and say at all times, ie. operating under strict remit. Anything else endangers HUR. Believe anything else and one flies in the face of human history & behaviour patterns

schlemmy
don't be deluded
my pet money cedric could do whatever he is doing - better
and you only have to pay him bananas
neither maris nor chaffe will ever be assets

Chaffe & Maris are there because if had been sacked with the other scum HUR would have had 30 days to appoint a new CFO & Chair to continue being listed (it's AIM or some other legal requirement). So retained temp to keep things legal sweetie pie to stop b/holders being able to have another legal pop. And also to show the 2 new guys the nuts and bolts of how company works. I would hazard a fair guess that whilst it's all being done politely, they are being monitored like hawks. Disgusting human things

worked it out a while ago. 7p, 8p tops, fairly confident

tony...tony....
the forum has you pegged
one of the canaries
do not fight against the dying of the light
accept with good grace - that you are a deviant canary
have a nice day x

tonythicko
i have told you before - stick to playing with your jelly moulds
the ones you were playing with a few days ago when SP was 2.2 and you dais HUR was a dying basket case

B*llocks
'Undisclosed' stinks' to heaven
Means peanuts - quantum not disclosed as embarrassing to both companies.
Brindley is ethical cripple 'better offer' call girl
How stupid are forumites not to call it as it is?
Rather than always be happy for long overdue stale crumbs from overpaid underbrained BoD?

Golden
I agree. Once vermin, always vermin

loopy
if average is 30p ish, target to sell half at 20p and keep rest till 40p
with fair wind will reach 20p
and 40p not impossible
whatever doom mongers say
or sell all at 20p and escape with haircut
or could buy in now and average down further
many in worse position at 50-60p buy in and no funds to average down
at least peeps have choices now, if Scam Plan had succeeded, shares would have been 0.05p

loopy
patience, patience
the squabbles ain't sorted yet
new BoD doing good - repairing one broken limb at a time
the Phoenix rising from ashes hovers about ground for a while learning to use broken wings again
Saturn 5 trembles on the ground for many seconds finding strength to lift first few feet from the ground
of course will be some time
but remember few months ago when all seemed lost and most had mentally surrendered
we are back in the game, so anything now possible
patience...patience

33% bonds bought back @ 78c in $
$22 million saved
Brent $73
Oil price news near to mid term - positive
SP circa 2.8, spread narrowed
RB of CA will have pressed for speed on bond buy back - thank you RB
Bonds can be further bought at discount on open market
Path clear for cheaper longer term deal with Bluewater re Mother Ship Aoka Mizu
Recent offload quantum & cash announced shortly
Sun shining
FRUITFUL FRIDAY FRUITFUL FRIDAY FRUITFUL FRIDAY

Divey
spot on
earlier cheaper bond buy back and no Scam Plan , and HUR would currently be circa $50 mill better off and already safe from bond repayment threat.
and be trading at circa Hanman note SP 10p
anger is inadequate word. deviant thieving ****s
makes senseman's gentle heart bleed

DYOR
HUR will see 10p again

RB of CA
thank you for sitting on bond buy back and hurrying it through
ps. keep eyes always on Maris & Chaffe - very tricky dickeys not to be trusted

22 mill saved
Brent 72
good day
just hope HUR have not been hedging at +$4 a barrel and effectively wasting much of 22 mill saved. it's calculated risk time

fellas
fer fecks sake
keep it simple
the high prices are buys
the low prices are sells
the difference is the true spread

1st past the post is an historical anachronism and the pre-eminent cancer of any developed country still utilising such a system . The UK uses such a system. Johnson eloquently epitomises the failings of such a system

Proportional representation is a no brainer. Harder work for politicians - more jaw-jaw always more effort than war-war. Harder work for electorate. But oh, the benefits..

Set beside this basic principle, all else is noise