Member Info for shedful

First go at it was early this morning then dropped back to around 1.66

Yes looking to move up

Once past 2p then upwards to 3p this is short term longer term higher JIMO

Heading for 2p now?

This share is very bullish looking forward to it moving on up.

In answer to your post earlier today and without going back to my post
Obviously you and others never bothered to read the link - Dr T wrote it along with others.
Yes I know HUR have more info - that's what I said 5/6 years on (from the link)
I said due to Warwick and the nonsense regarding water that's why the SP is where it is now.
I also said the drilling is required and once confirmed this will massively rerate.

So rather than spouting off read links its a BB every angle on the company should be aired.

Also FYI I still hold sold a lot at 34p 29p but still hold a lot from early days and bought more not at the bottom but near the bottom 25.4
Will I ramp it NO I will wait and see if it turns around 24p if not then I make another decision.
People are lazy to read links

AD This is also important though I believe they HUR would have progressed their knowledge over the past 5/6 years regarding the cracks, but due to the Warwick which was Plugged and the rubbish knocked on by many about water cut these are the reasons why the SP is at where it is and it will take HUR drilling results to show they can accomplish what they say they can and move this company from an explorer to producer in peoples thinking then it will massively rerate IMO.

From the link on my post at 18:54.
Given the very low matrix permeability of most crystalline basement rocks, oil and other associated fluids are transported and stored via well-connected fracture systems. The geological characteristics of these fracture systems are not well understood because they are poorly imaged in seismic reflection data, and core samples are sparse.

Technical from the HUR website
https://www.hurricaneenergy.com/assets/technical-library

The less technical version from the website

https://www.hurricaneenergy.com/assets/basement-reservoirs

Fractured basement hydrocarbon reservoirs are recognized worldwide, but they are relatively poorly understood and underexploited (Trice, 2014). In such plays, oil migrates laterally from an organic-rich source rock into a subsurface paleohigh of fractured crystalline basement, forming a so-called “buried hill” trap (Biddle and Wielchowsky, 1994). The seal is provided by a blanketing sequence of clay-rich mudstone.
Given the very low matrix permeability of most crystalline basement rocks, oil and other associated fluids are transported and stored via well-connected fracture systems. The geological characteristics of these fracture systems are not well understood because they are poorly imaged in seismic reflection data, and core samples are sparse. Critically, the processes involved in fluid transport and storage are also uncertain, although it is often assumed that migration into the basement high is primarily a passive process driven by the relative buoyancy of hydrocarbons following maturation at the source (e.g., Trice, 2014).

Yes I agree with you about the water being different and perched its simple analytical testing at the minute where I am the island has no fresh water as the aquifer which is quite shallow has been contaminated by salt water (sea) later in a couple months time hopefully the TDS will be low enough for drinking water. IF it came to water or oil -water to drink would win

regarding the oil migration both of you are correct the oil has came in from the sides and moved all over then later in geological terms has been buoyancy driven and come from the head at least that's what I gather.

Actually the oil done both

I wonder if any competitor is sliding the rule over TRX or is it to far to think that TRX are looking for a merger either way with the sales forecast I am sure they will be able to get corporate funding

Previously about the water- the aquifer it comes down to how the cracks matrix are distributed in the FB and connections which HUR have previously spoken about and that is an unknown hence the EPS, but IMO that would initially be coning as the aquifer is much deeper than the high producing wells and there is no way the water would come up like a rising tide.

The perched water can just be that - perched water and for sure the possibility of it being different water from the aquifer is a possibility as this perched water in the mountain that is now totally underwater could have been there before it went underwater IMO - get my drift!!

Several of you chaps have corresponded and had recent 'dialogue' with DSIPP and proved him wrong (more than once) this is a guy who is meant to be in the oil patch with extensive experience - then why the simplest of mistakes - is it to take a 'RISE' out of you chaps or he believes what he wrote or has fallen out with HUR or another?
In his post he mentioned you AD about the heel - now I thought about that for a nanosecond and he is either trying to get into your good books or he was just being stupid!!!!!

Have a read it interesting - unless your just here for a trade then stick to the MACD

https://nerc.ukri.org/planetearth/stories/1916/

https://pubs.geoscienceworld.org/gsa/geology/article/47/8/700/570815/Natural-fracture-propping-and-earthquake-induced

An old hurricane - handing back a licence.
https://itportal.ogauthority.co.uk/web_files/relinqs/nov2015/P1368.pdf

To me this is still a great buying opportunity as the SP is low compared to its history and they have great products very much in demand.
JIMO

https://www.proactiveinvestors.co.uk/companies/news/909523/tissue-regenix-increasing-throughput-in-its-facility-to-meet--exceptional-demand--for-its-products-909523.html

Good article and I enjoyed reading it - so in 2013 as a T/O target the range was $1 billion to $1.5 billion with the SP at 15p since then TRX has came down a long road and the SP is now 15 times less at just over 1p.

Seems like there is Interesting times ahead for this company.

Want to try the 70's -lah

Personally JIMO I believe it could drop past 25p it might not but at this stage of the game does it matter if you lose 10% jump in SP.
Its better to save your capital.
Actually before it climbs up in price the SP will drop why - because it can - can I explain it - no.

JIMO

SP not AP