Member Info for Slift

Because posting facts about this company is "deramping"?

"And the deception continues, yaaawwwn"

"eurofil
Posted in: HUR
Posts: 638
Price: 12.32
No Opinion
RE: oil cut03 Apr 2020 08:50
A lot of shorters very bitter on here today, we all know with Brent crude at $32 a barrel this will quickly retrace to 20p"

"hasiba
Posted in: HUR
Posts: 4,315
Price: 11.31
No Opinion
SP29 Apr 2020 10:55
We need 10%+ today to convince me of your value!"

Can see why you both feel the need to attack me.. especially with your high averages. Ouch.

"Slift
Posted in: HUR
Posts: 2,833
Price: 2.54
No Opinion
RE: Double or nothing24 Oct 2020 14:48

Anyways, I have a small holding from earlier in the week that I wanted to offload. But may add to my holding if price allows. Still don't have much hope in HUR, but I think in the short term there is a small potential with the updates to come between now and end of year."

I don't need to be deceptive or deluded to make gains thanks :)

Lol hasiba, go back further.

That sale was my 10% profit that Dickbat seems to go on about all the time ;)

Lol hasiba, you really are bad at maths!

I bought HUR shares for 5.4p and sold at 3.33p, at 25% of my portfolio.

Now tell me what your loss % is? Lmaooooo

Yes, big tip:
Don't be a sheep and follow an activist fund who work for the benefit of their own shareholders and company.

Yes, but they have also been selling into spikes and dumping on PI's lol.

The same idiot PI's that are super supportive of them. Quite amusing really.

Keepwell,

I have an approximate of 7.3p for the shares they currently have.

But overall, their average is negative as the shares are free carry from the profit they've made.

Dickbatters,

I may be an "arrogant moron", but at least I know my spelling and grammar! Haha

Yellowman,

Dickbat just doesn't want to admit he's wrong.
Even when the share price goes sub 1p, he'll still be deluded about this company.
Afterall, he says he will be "busy counting his patient gained $$$" on this share.

But hey, I say let him keep gambling on this company!

Lol Dickbat,

I'm chilling with my 10% init.

Meanwhile laughing hard at you. HAHAHAHA.

Yes you're right.

Rather than cheap.. Inexpensive is the better word.
The proposal for the current pipeline is estimated to cost between $3-4/barrel - based on 2020 target volumes and cost.

and ofcourse, the "qualified person" reviewed the CPR and didn't even spot it.
What a bunch of fools.

"The technical information in this release has been reviewed by Antony Maris, Chief Executive Officer, who is a qualified person for the purposes of the AIM Guidance Note for Mining, Oil and Gas Companies. Mr Maris is a petroleum engineer with 35 years' experience in the oil and gas industry. He has a B.Sc.(Eng.) Petroleum Engineering (Hons) from the Imperial College of Science and Technology (University of London) Royal School of Mines A.R.S.M. and an MBA from Kingston Business School."

Lol also, for those that are interested...
Check out Table 3 on the CPR summary.

HUR be paying big $$$ of shareholders money for this CPR..
Makes RPS CPR more legit.

Lol nevermind.

125.7m barrels is GROSS, not NET attributable to HUR.
CA thinking Spirit's share of contingent resources is attributable to them? :')

"2C contingent resources of 125.7 million barrels of oil."

What CPR summary were they reading? lmao.

"At 31 March 2021, the Company had net free cash1 of $127 million"

Did you donate $13m to HUR BOD in the past 22 days?

Rather interesting how Kenya will play out.
$5m CAPEX spend in 2021 to come up with a more attractive development plan.

The Kenya pipeline is already as cheap as it can be.
There are also no plans to combine development phases to provide a low cost per barrel.

Tullow will likely accelerate low cost producing wells (similar to what they are doing with Ghana) at Kenya. But wouldn't really make that much of a difference in the overall picture. However, will reduce costs per barrel in first phase of the development.

Likely buyer still CNOOC.

"Bond prices have been solidifying with small increase in last week"

...
Let's see now..
CB issued: $230m
Ask price: 56%
Total: $129m

HUR cash in bank $127m from latest RNS.
Shareholder value: $0

Does that solve the mystery?

"Why would CA be buying so heavily in this case??"
1. To dump onto PIs
2. To still have a majority holding (20-30%+) for when dilution happens (i.e. funding arrangement)
3. They're dumb as fk
4. They have an average of -12p. So why not?