Member Info for WaffenBurret

Yes 0161, The PE!

DYOR2 thanks, and agree with your analysis. .
(Calcs written on the back of, and inspired by, my new energy tariff bill) .

Yes 11.3x is the blunt median for the whole sector with 10.81 for explorer producers.

With HUR back on the market, as it were, notwithstanding risks, market data must provide some sort of a forecasting reference going forward. I think I used a conservative estimate for oil @$90 given the projections eg Sachs.

To determine the VALUE (of Production) against the risk (currently one well which you have outlined) + one needs to look at market stats. A forthcoming plan which might de-risk and may already be in the top drawer - one wonders - must soon follow. There’s been a fair amount of time to prepare.

Just to say have enjoyed reading the debate and info on this board. Respect for the perseverance and belief.

ii: ask 13p
https://www.ii.co.uk/shares/hurricane-energy/LSE:HUR

Thoughts over coffee this morning…
Uk oil sector PE = 11.3x
HUR (e.$250M (@$90 avg poo!) PE (@11.60p) = 1.3x

Would love a few thoughts from the oil savvy and ‘well-versed’ posters?

https://twitter.com/traderjohnbaker/status/1506851720437108736?s=21

Another sunny morn and at 3.25 another buying opportunity. Luckily, I still have a bit of spare capacity in my ISA. Ella and co are doing a fine job digging up non factuals to rob grannies of their small holdings just before the new ISA year completes. But I know why I invested in ARCM in the first place and really not much has changed. Covid delays and court cases out of the way, copper on the up, Deals likely and near the bottom of last years price range. Just a matter of time. I won’t repeat all the well-knowns. One need only scroll back through a few RNSs and billboard chats to get the picture. (There are always risks but I really do feel it’s a risk-on situation, so adding more).

Dyor, remain patient and Hold tight imo, GLA.

Yes SK, When will the sp be up?

and when will it be down? Just want to plug dates into calendar.

Opinions, like A**holes - everyone’s got one.
Either you are out, seeking negatives to improve your entry price (possibly operating off margin ?) , or you are in because of the all too obvious fundamentals. The timing is impossible to gauge and dependent on actual news.

And news cometh, Good luck.

Infinity, implicit: ….with the opportunity to accelerate the DFS….

I am confident that the moment a few nervy doubters drop the ball, PREM will gain value and move up another notch - as always happens. Perhaps this ‘clue’ opens the way:

I look forward to welcoming a new board member who will be nominated by Suzhou TA&A and active involvement from Suzhou TA&A in our DFS, particularly in the area of test work and flow sheet development.

“…..Suzhou TA&A holding an important stake in Premier, affords our shareholders (including Suzhou TA&A) with the opportunity to accelerate the DFS”

Lots of news to come.

Daz, Yes a typo: Oncology = ontology. Thanks for pointing out.

Meanwhile, in plainer English, we know nothing really beyond the patchy fundamentals, which are improving as team builds. We agree that the twitchy market creates great trading opportunities in the shorter term.

Good luck with your eventual entry price.

Haha, I love how fashionable Dazzle sneers at YouTube. As if these chat rooms and his posts are any better.
Daz, There are fundamentals.
There are opinions.
There are bad accountants.
Both matter.

It’s oncology v epistemology.
Right now, the oncology is seemingly positive, and the reflexive behavioural investing can’t wait to get a bite of the ripening cherry.
I read books, (remember those?) financials, RNS’s, and Bunty.
While Zulu lithium plods on, who knows, next week we might be discussing, dare I mention, potash!

Nobody knows when or how news will come.
Keep looking at dem charts.

Pax Tigray.

“I havent posted here for over a week bud. I can spend my time doing as i please”

Dazzle - You posted a few hours ago!
Get back to pumping KOD and then maybe come jump on board PREM at an opportune moment. As you imply, lots yet to happen here.

It’s all about you, dazzle.

Acker could still win his bet. No one knows the timing of etc.. highly volatile and twitchy on news.

Does it have to reach 1p and over at any time and duration by end of April?

Johnny, that’s a fair question and I would be failing if I didn’t provide some kind of an answer.
My view is long. There are purportedly several candidates interested in what we know to be a huge deposit of lithium in a country now open for business.
However, there are also competing geo-political considerations to be aware of that I think may have a bearing.
In all probability there is a high chance of large value gains here in the coming months as confidence builds. I am surprised that the current price is below 0.4 after the last RNS.
I expect it to hover just below until further announcements. Say 0.38.

I remain confident and will sit on my hands while GR (and advisors(!) finds a deal that, I’m sure, will allow him to continue exploring while developing Zulu.

That was just MMs up to old tricks. There were more buys than sells yesterday on low volume. That closing drop on just a few quid, wiped from charts.

LTH stop behaving like traders. Getting all negative. Could be serious deals being negotiated as I write. Comms will come when deal agreed, not during - Shareholders are not flies on walls.

Low volume. Low down MMs:

# Trades 166
Vol. Sold 40,309,762
Sold Value £133,157.00
Vol. Bought 44,573,321
Bought Value £150,046.99

Recent update for anyone interested in oil.

https://www.eia.gov/outlooks/steo/report/global_oil.php

ET: That was phase1. This is phase 2. DYOR!

Just reading for reference.