Member Info for shal1000

I wrote something very similar a week ago:

2022 Facts and Figures16 Dec 2021 08:27
So we have the following figures from the presentation:

50k of oil hedged @ $61
50k of unhedged oil
60k of gas hedged @46p per thermal and each barrel is c58.14 thermals
40k of gas unhedged
$1b of capex
$17 per barrel of opex
$300m of decommissioning cost.

So at today’s prices of $74.95 oil, 335p per thermal, FX of $1.328/£1, our free cashflow for 2022 would be £3.384b. Or £9.27m per day.
Ignore tolmount then we are generating £5.63m per day! So Jan without tolmount we will make £175m or $230m. So if prices don’t change HBR should be able to get rid of debt by end of 2022 even without tolmount. So share price and market cap ridiculously low!

Sorry I have been away for a few days, Plebs I like the talk of Option hedging, and Jeff didn't understand your question and just picked up your word being short but not short gamma lol. Just shows you how much Jeff really understands market's.

This is full of entertainment, full of scandal and political showdown, ratings winners content, definitely not a sob story!

Good idea

If you look at genedrive and other uk competitors their share price have fallen considerably over the last two weeks. So we aren't alone. So I'd expect we should easily go beyond 25 when the rest of the sector improves also, how much is anyone's guess. If we were the only ones doing badly then I would've questioned if this is the dead end. DYOR.

Jim I also agree, I'm here to read about odx not silly fights. If they have issues raise it with moderators and call it a day.

My email sent:

Hi

I’m part of a chat board, one of the board members have written this below:

“Can you tell me why the Government that stated publicly they would support the UK diagnostic industry has, failed to choose a test for Omega, has failed to pay Abingdon for the only single order of tests ever placed with them, or why they have removed contracts from Novacyt, oh and also not paid them.

Additionally, whilst working hard to decimate UK diagnostics why have they failed to pass even a small percentage of UK tests through the recently introduced CDTA process that has effectively countered our own CE mark and made what tests we do have effectively illegal for UK sale.

Why in the face of all the above, have the UK gov ordered £billions from a company that our trading partner across the water, and one of the most respected medical bodies in the world, the FDA considered were unsafe for use and inaccurate, was setup by a wuhan hedge fund manager and two nobody's from a terrace house in Northampton who have no previous health experience.

Finally, does the UK government have such little regard for its population that it would buy cheap, unfit for purpose tests over and above 'UK gold standard tests', note this quote is from our own PM.

How much does the UK Government place on the life of a UK citizen, is it just a new house or is it one for all the family.”



To be honest these points have been discussed heavily on the board for the last few weeks with all board members furious at the handling of quality domestic LFTs by our government, it sounds like a case of bribery by our government with Chinese firms that should be thoughly investigated and could be a great story for Panorama.



I hope you do look into this.



Regards



Xxxx



Sent from Mail for Windows

Stat, Im taking your post and emailing bbc panorama to investigate, it can be great journalism!

I guess donkey kong and co will need to work very hard in the next month to get any benefit from their options.

The Options issued to Colin King, Kieron Harbinson and Jag Grewal contain an additional performance condition which states the Option shall not be capable of being exercised unless and until the middle-market quotation of a Share is equal or greater than 30p at any time on or after the second anniversary of the Grant Date, after which the Option may then be exercised in whole or in part in accordance with the Rules of the Plan as if no further Performance Condition applied.

Interesting caveat. So does that mean the share price will need to be 30p so they can fully exercise their options, that would 100% profit.

I be happy at 30p before christmas

I added another 400 shares at 940 today, but the trades are showing someone sold 4000 shares at that price. I think what's being shown is incorrect.

Oil when did they say creditors are still locked. I wonder if you read presentations properly. Creditors have an 18%, they were never locked in. The remaining 30% who are locked in are legacy EIG investors they are not creditors. Private investors still account for 5%, unless the creditors have offloaded and been bought by private investors, which the board has never gave clarification on how many creditors are left.

Ive tweeted to bbc question time, really hope this gets answered. If not then BBC is just as bad as the government for not highlighting such scandal!

OK I will dig out my twitter password at lunchtime and ask as well. I really think if at least 100 people propose this question we may get heard!

So we have the following figures from the presentation:

50k of oil hedged @ $61
50k of unhedged oil
60k of gas hedged @46p per thermal and each barrel is c58.14 thermals
40k of gas unhedged
$1b of capex
$17 per barrel of opex
$300m of decommissioning cost.

So at today’s prices of $74.95 oil, 335p per thermal, FX of $1.328/£1, our free cashflow for 2022 would be £3.384b. Or £9.27m per day.
Ignore tolmount then we are generating £5.63m per day! So Jan without tolmount we will make £175m or $230m. So if prices don’t change HBR should be able to get rid of debt by end of 2022 even without tolmount. So share price and market cap ridiculously low!

Is question time on tonight, wondering if we should put the question forward to the mp panels of why we use chappy chinese products when we have so much quality supply in UK that's value for money?

I've signed it. Personally I have stopped using any made in China products 2 years ago, so I would've signed this without being a shareholder. I don't even buy cheap stuff from ebay, amazon, primary as a rule!

Oil, although they shafted us with a 5% holding when in fact it should've been around 10% to 15%. Buy at merger day they had 2.9b (50% pmo and rest of hbr own debt). They reduced to 2.7b by end may. And reduced to 2.3b by end of Nov. Have they not earmarked 0.2b for divs, then it would've been 2.1b. So they are paying off 100m a month. Hope that helps.

I hope you are correct for once