For clarification, 10p+ is what Hannam and Partners had stated as absolute minimum based on $60 Brent with Ex-BoD in place, and still vey much stands but with significant potential upsides here based on various scenarios, likely even sponsored/inline at the time with the now Ex-BoD minimum private estimates for the yet unknown “ad hoc group” of bondholders! Hence, give the new team/BoD a little time, and we should see double figures SP here again pretty soon, GLA.
Now with the old BoD completely gone, all of a sudden positive options for HUR seem many here, thereby explaining the huge interest by CA/RB, time will tell which route HUR selects but good times ahead.
“Ex-HUR BoD suppressed the HUR SP as much as possible for their own deceitful agenda, CA along with many others fully understand how rich HUR’s WoS acreage truly is and huge potential here from these extreme lowball levels, hence, a massive re-evaluation here will be in the making going forward.”
“The true valuation was thrown to us as a clue and it was a m/cap approx 5 times higher than where we are now.'”
Agree with both statements here, 10p+ is what Hannam and Partners had stated as absolute minimum based on $60 Brent with Ex-BoD in place, and still vey much stands but with significant potential upsides here based on various scenarios, likely even sponsored/inline at the time with the now Ex-BoD minimum private estimates for the yet unknown “ad hoc group” of bondholders! Hence, give the new team/BoD a little time, and we should see double figures SP here again pretty soon, GLA.
RE: Great Day to Top Up on Hurricane Energy16 Jul 2021 17:15
HUR shareholders, if anyone understands that daily SP fluctuations in the markets are absolutely meaningless, especially here and now that we have a new BoD at the helm, it’s us long suffering HUR shareholders. Hence, ignore the cheap trolls who come on here whenever we get any drops due to PoO or whatever as we’ve had before, hold tight and let HUR new BoD, it’s vast WoS acreage and CA do their jobs, and enjoy the potential rewards from these extremely lowball valuations instead of a bunch of unknown “ad hoc bondholders” as the British Courts also agreed, GLA.
Basically, extremely low trading volumes in past few sessions, so when Brent prices dropped a bit, HUR SP (along with that of many other Oilers) dropped and low volumes don’t help when Brent goes down, however, Brent prices now seem to have stabilised and will hopefully start moving up again soon and so should HUR SP IMHO, no news here as yet but with new BoD in, positive updates should start trickling in fairly soon, GLA.
“Extremely low volume trading today and hence very easy for MM or anyone to manipulate the SP on the day, good time to top up here while awaiting for the newly appointed HUR BoD to finalise/announce their forward plans on which rallies are inevitable here, and certainly don’t get suckered into selling as HUR is undoubtedly way way too oversold and undervalued at present.”
@ bb wannabe clown, AM shutdown is only for 2 weeks, and we all know what happens during a “scheduled annual shutdown”, that’s why it’s called “scheduled annual” and is priced in, daa, whereas PoO gains have been continuous since September and Brent is generally forecasted by analysts to gain even further H2 onwards. DYOR.
“Errr not quite, "rapidly" increasing.... sorry to be a pedant.... but isn't the AM shutting down for around 2 weeks.... not quite so rapidly ...”
Errr, Brent prices have gone up from the low $30s to ~$74 today only since last September and you’re talking about AM shutting down for 2 weeks, lol! Of course HUR cash is now rapidly increasing along with the direction or PoO, you should take basic maths lessons as I don’t think you’ll even qualify for the circus.
Drop was caused on extremely low volumes and on absolutely no news (apart from Brent rising!), hence totally meaningless overtime if you’re an investor with medium to longer term outlook where potential rewards here can be huge, GLA.
RE: Markets down yesterday, as a whole09 Jul 2021 14:51
“Tuxedo8 - HUR’s extremely prolific broken record ......”
bartlebobton, I wish it was a “broken record” as then we wouldn’t have needed a Judge and a Court case here, hence would have saved $17M+! Actually, it’s your repetitive so called multiple daily jokes/sarcasm or whatever you want to call it here that is much more of a “broken record”, IMHO, I guess each to their own. GLA
RE: Markets down yesterday, as a whole09 Jul 2021 13:10
HUR’s extremely prolific West of Shetland acreage/assets/licenses certainly have huge forward potential here and will speak for themselves overtime, especially post a new proactive, stakeholder positive, and actually functional BoD/Executive Team in place, let’s face it even a dummy will be a massive improvement on these incompetent, deceitful, corrupt, now Ex-BoD clowns, and CA in house technical team understands this fact very well, and so will potential investors, GLA.
“West of Shetland oil and gas remains UK’s best bet for growth despite recent setbacks”:
“Despite being relatively under-explored and under-developed compared to the rest of the UK Continental Shelf (UKCS) it has yielded some huge, if hard-won, successes.”