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AduK & FS22
"..." WD TD drilling results - discovery?"
Wait for the RNS post-DST..."
So, help me out here. When (or at what point in the DW drilling process) can we expect some news/gossip/leak about DW?
Will the results of the Drill Stem Test be announced within days, or will that be part of the "data" that will be presented at the Capital Markets Day on 11th July?
I only ask because there was much talk, immediately after the AGM, about "news from DW soon", "any day now", "next week IMO" etc. Is it going to be 4 weeks before we get any info about DW?
SG2, Re; churn.
Thanks. I hadn't thought of it that way.
Scriven: "despite first oi which is a great achievement. Twelve months to proof of concept and other wells to drill, there is plenty could go wrong from here, anyone remember Ramco, Hur fully valued atm in my opinion.."
Can you say more? You think HUR SP will not go upwards from here? Even if good news from Warwick Deep and +ve reception from II's at Markets day? Or, are you saying that the current price is fair/accurate, given current risks?
Albi1. Hope it goes well for you. Less stressful if you haven't bet the farm. I work out of doors so can't track SP movements or act on them at short notice without downtime. I'm happier
( & wealthier) working than screen-watching.
Re: NFX, I'm wary after taking a hit at Motif Bio (MTFB), price collapsed on -ve FDA approval application. Will have a look though.
Are we all using the Beta now?
I can't get the old site to work any more.
Apologies JimV. My reply ( about pouring petrol) was actually aimed at Wellwell's highlighting how much profit CA have made. I should have made that clear.
Just that it rubs salt into the wound to know how much CA have made and that the meat always gets trimmed off before the remaining bone is chucked to us PI's. I shouldn't let it annoy me.
There was a poster on ADVFN who said s/he had made a referral to serious fraud squad re; Wednesday's SP movements. Although I can't seriously see them taking that on.
Don't pour petrol on the fire FFS!
Eventually every one of us will sell everything won't we? However I would be hacked off if they are buying more on the dips to repeat the process. Then again, it is a market. If it was a closed shop none of us could buy any.
Ideally I'd like everyone else to buy tons & tons of shares and not sell any until after I've sold mine thanks.
Why is a barrel ( of oil) abbreviated to "BBL" ?
Sonofthebull: "Schlumberger doing the drilling therefore there patent !"
Ahh, so "patented", but not by HUR. Got it, thanks.
Mr Fox; I used to spend my lunch breaks in a large corp. looking at patents for fun. Or because I'd just had a "world beating" idea and wanted to see if someone else had patented it. I ended up being targeted for a scam by a US company who were going to make my invention for me. They just needed £1,500 up front "to get the ball rolling". Ha. Some crazy ideas out there.
One of the links yesterday ( a short video) included reference to HUR using "patented drilling technology" on fractured basement.
Just wondering if this patent has any monetary value or gives HUR an advantage over other player's "route to market"?
Does anyone know more about this? Maybe it's of no relevance, just curious.
Thanks Wellwell. Always value your input as you seem a measured, thoughtful contributor.
I've grown heart sick of the anticipation of a sustained uptick in the HUR SP, only to be disappointed & frustrated. When the SP goes up, I have often been tempted to sell a chunk, but then thought; "what if it stays up & doesn't go down".
What I've now, finally, hopefully learned is that it ALWAYS goes down. The market makes sure of that. It's either a long game or a traders game and I've no enthusiasm for trading. I've also learned that "the market" is much, much more risk averse than I realised.
So, I've sold off the portion of my holding that was above my comfort level ( at a 7p profit, so no cause for tears really), I'm leaving the rest where it is, possibly for several years, and I am going to take a long break from watching & worrying about the SP. I've wasted far too much time & stress on that already. I'm confident HUR will produce a good long term profit and, more importantly, much better informed, cleverer & experienced people than me think so too.
" There's a webcast of Hurricane's April 2017 CMD here:
https://webcasting.brrmedia.co.uk/broadcast/58e4d292ad2a006c3094befe/58e4eb5e253d08b958000035 "
Thanks Wessexmario, just watching & listening now. Very impressive that Dr.T was able, 2 years ago, to give a 100% accurate projection on when FOIL at Lancaster would be achieved. A safe pair of hands.
Congratulations ( or commiserations?!) Northcbubble on winning the FOIL price sweepstake.
I have donated to both Yorkshire Air Ambulance and also to your friend's fundraiser. I hope Lydia gets the help and equipment she needs in order to continue her rehabilitation. I'm pleased to have an opportunity to help and to reflect on the relative importance of SP movements in our life's journey and be grateful for what I have. Good call.
Have re-posted your winner's wish below in case any others want to contribute.
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" Trust me the SP foil sweepstake was not a competition I wanted to win but as a reluctant winner I would like to thank people in advance for the generous donations that will be given. Yorkshire Air ambulance is a great local charity saving lives on a daily basis.
I know this in unusual and hope the good rev doesn't object but I would like to offer people a choice of another charitable cause. My partner has a good close friend called Lydia Galbally who is a 41 year old mother of two who tragically fell ill with sepsis after contacting tuberculosis (TB). After being in a coma for 11 days she lost both her legs one arm and her right hand."
Her family are trying to raise some money for private prosthetics, physiotherapy and some home adaptations. Her story has been featured in some of the national newspapers and her full story can be found on the "gofundme" (feet-and-hands-for-lydia) website where donations can be made easily. Please be warned there are some graphic photos.
Found the answer to my own question. Looks like the BOD are thinking late 2020 at least before considering a move to main market. Not a priority for them at present.
Wondering if any feelers were put out at AGM re; a move to the main market, and any reaction?
Milllais post below suggests that after 2020 may have been indicated? ( I appreciate that no firm answers are available)
Noelpro, have a look at this note, kindly contributed by Millais, who attended today's AGM ( I also saw this phrase repeated by another poster on another board today, so corroborated):
"...Will Hurricane be sold or part sold out ? “We want to grow” . " we expect we will be interrupted along the way" ! It will be for the SH and BOD to decide. "
Note: "We expect we will be interrupted". Hmmmm
What exactly happens at a Capital Markets Day?
I'm picturing a kind of "trade fair" scenario. Invitations to institutional investors, lots of nibbles, expert presentations about how HUR is a worthwhile investment for your company etc. However, I have no idea if that's what a CMD is.
Any informed opinion about what the CMD will comprise and why it should ( "normalment" ) have a +ve effect on a SP?
Paywall: Can you give us the headline?
Here's hoping for a sweet RNS or two the morn's morn.
Either way, I feel it is only a short matter of time for the tide to turn from Risk to Reward. Good luck all.
Have a good time at the AGM those attending and throw us a few crumbs of info before getting too deep into your cups.
Oops! : Source of pic, Ash6666 on II board.