Harbour Energy Share Discussion Threads

[badger60] 05/11/2017 11:20

Not much coming from the "bears" today. Have they covered their shorts already.......not according to Steve's posted data, they haven't..........IMO, the reason why CBs don't like Tony Durrant, is because he is a very capeable CEO and far too clever for them. The wise move, looking at the big picture, would be to stop throwing their toys out of the pram and work with him in order that everyone can benefit from the undoubtably huge embedded value that PMO has to offer.All that the CB's have managed to achieve so far is to suppress the share price to their own detriment, and enable investors like me to accumulate significant PMO holdings at ridiculously cheap prices on the back of their stupidity...........for which I am extremely grateful......

[badger60] 05/11/2017 10:57

Sorry sicky, my mistake....I meant to type "Zama"......at least it shows that you're paying attention when reading my posts....

[deanroberthunt] 05/11/2017 09:21

one day in the near future they will open those big doors to the Oil Inventory...and find that it's empty

[deanroberthunt] 05/11/2017 09:21

that find alone is worth more than the current mcap.

[deanroberthunt] 05/11/2017 09:20

1-2bn barrels

[dr biotech] 05/11/2017 09:00

Zama ~ the Mexican find

[s34icknote] 05/11/2017 08:39

What's Kama ?Sicknote

[mint1111] 05/11/2017 08:30

I'll be buying more shares tomorrow. I can't see this share price staying low with the oil price going up.

[steve73] 05/11/2017 07:23

I've been looking again at the stock-on-loan position here over the last 2 years.

From Nov15 to Oct16 SoL was around 5-8% (Avg 6.7%).
Dec16 to Feb17 SoL was 16%. (Nov16 average was 12.2%)
Mar to Oct17 SOL has averaged 28.4%.

If we look back at newsflow;

In Nov16 It was announced there would be around 90MM warrants issued to debt holders - the SoL increased by around 9% (around 45MM shares)

In Mar17, the new terms for the CB's were announced effectively increasing the number of shares that could result from conversion from 35MM to almost 260MM. The SoL increased by around 12% - or 60MM shares.

It looks as if around 50% of the warrants were shorted, and just under 50% of the revised potential CB shares.

If you look back further it seems the 7% SoL two years ago was almost the same as the potential shares from the CB's at that time.

So perhaps there is method to their (apparent) madness...!

[chutes01] 05/11/2017 07:07

Dangerous ramping from the mad badge
Last thing we need to see
His American ring will just turn nasty and short this if it spikes to 120p

[badger60] 05/11/2017 06:52

Eeeeeee.... isn't it exciting Marge!Oil @ $62bbl and rising, PMO knocking out 80k bod with Catcher adding up to another 30k. Tolmount in advanced wip and the huge 25% interest in Kama with possible reserves of up to 1.8bn bbo. Not to mention the Falkland field........and even Solan is looking better with the poo going up.......and.........with SA and Venezuela problems adding fuel to the upward oil price momentum....I bet that you're glad that you are long PMO, like I am, and not short (OUCH!).We could well see 80 pps tomorrow.......

[badger60] 05/11/2017 04:27

Yep.... it's starting to kick off, and highlights how vunerable to attack SA's oil reserves are in such an unstable and volatile area, and it's no wonder that the West wants no part of the Aramco deal. I read somewhere that the Saudis need $90+bbl to balance the books. Their $ reserves must be very depleted hence the urgency re. Aramco...Take this away and all that you're left with a very expensive kitty litter sand pit...... that's not even on the F1 calendar.......
When you factor in Venezuela, $100+bbo is not out of the question...... and sooner rather than later.....

.......I still can't understand why the Muppets are hedging PMO warrants by shorting stock for such a derisory return....... ?????

[s34icknote] 04/11/2017 22:36

Saudi under missile attack from Yemen stocks the Middle East tension and Iran issueSicknote

[marvin9] 04/11/2017 15:13

Not moved much today after the oil price rise yesterday?

[deanroberthunt] 04/11/2017 12:54

no debt due in the next 5 years with the new debt refinancing, when Oil will be well over $80+, could even be $100+

[volsung] 04/11/2017 12:17

This share is made of 'blue spruce'!

[deanroberthunt] 04/11/2017 12:17

so Brent finished at nearly $62.5 after London close.....
this company is now dripping with fcf.....

[asa8] 04/11/2017 12:16

Last time oil was at this price pmo was over £3 ok more debt now but with catcher coming online more production ,just need all this murky dealing to go away and it’s of to the races we go

[badger60] 04/11/2017 11:57

Hi Marge
Are you doing your "I'm Mr. Guy Fawkes" thing for the children's party again tomorrow........try using petrol and you'll get it right this time.......