The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Can any of you knowledgeable guys tell me if there was a cut of date to be eligible for the payments? tia
When should we start to get voting documants and how long does it take to get processed?
Can we not just stay as we are, NOT sell the company pay out dividens keep the cash coming in?
Why do we get these RNSs everyday all of a sudden ?
CONTINUED SUSPENSION OF TRADING
At the request of the Company, trading in the shares of the Company on the Stock Exchange has been suspended from 9:00 a.m. on 1 April 2021 and will remain suspended until further notice. The Company will publish further announcement(s) to keep the Shareholders and the Company’s potential investors informed of the status and development of the Company as and when appropriate, as well as announce quarterly updates on its development pursuant to Rule 13.24A of the Listing Rules.
Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.
We will only go up when certain members of the board are dismissed and news on what is future plans until then we will keep slowly dropping.
Copied of Energy Voice
Hurricane Energy (LON: HUR) is weighing up an M&A deal or a potential $250m boost to its existing Lancaster asset in the West of Shetland.
The firm is newly debt-free after repaying more than $78m to bondholders, leaving the revitalised operator with options.
With a strong balance sheet, the challenge is to “identify how best to optimise capital allocation”, the board told investors at its AGM last month.
A potential new Lancaster producer – the P8 well – would add incremental reserves of 3-5 million barrels, with capital expenditure of $80-90m subject to the rig market, Hurricane told the AGM.
In return, the board estimates the NPV10 (net present value, discounted 10%) of the project to be around $250 million if the oil price stays at $100/ barrel, with “rapid payback” making the move “economically attractive”.
Adding another producer to the existing P6 well also “diversifies production away from a single well and loss of remaining field value”.
The alternative to another well at Lancaster is an M&A deal, with Hurricane being “attractive to outside investment and well positioned to look for new growth opportunities”.
Doing so would diversify its portfolio from its single asset, Lancaster.
Hurricane told investors it is considering gas and oil opportunities, mainly in the UK, and is “currently engaged with multiple potential targets”.
It added: “Regarding possible acquisitions, this would bring the advantage of geographical diversity and the potential to also diversify into gas as well as oil.
“Our technical team is currently engaged in detailed reviews of a number of exciting opportunities.
“We are primarily looking at assets in the UKCS, and at assets that are near term developments giving the potential to see significant value growth as we invest and bring those assets to production.”
Scott Spirit is unloading OUR liquid gold as we speak
Looks like its a bad ending, the shares have gone out of my portfolio.
I have never been a oil tanker nerd but this week i will become one.
Going the wrong way.
https://www.lse.co.uk/rns/RRR/directorpdmr-shareholding-6e6y3numcxlosvk.html