Hurricane Energy Share Discussion Threads

[gibso6767] 12/5/2017 07:47

to me reading "both" RNS is money to keep us running at full speed till July ie Q3,minimal dilution ie 5% at a tad of our volume

[fsawatcher] 12/5/2017 07:45

wots the company cash balance as of now?

the only numpties around here are the ones stating that the 82.2m cash balance is wot they have now.

It aint. It just was the balance on 31st dec 2016.

Some angry and peeps on ere today by looks of it

not surprisin as todays news not very good

no wonder CA been sellin the pants off this one

[blueball] 12/5/2017 07:44

Its good news week.

[gregpeck7] 12/5/2017 07:43

Oml 25 million shares...It's nothing!!!

[leeson31] 12/5/2017 07:42

ive got fsawatcher on filter, must be from years ago... not offten i filter people, but jeez there are some numpties about.....

biggest uk oil find in decades, and imminent farm in, and hur currently have no debt and own 100pc of the assets.. soo badd..! lol

[fsawatcher] 12/5/2017 07:39

the company does not have 82.2 million in the bank now. It did on Dec 31st 2016.

After the drilling expenses in 2017, the company has peanuts left.

That why they had to go cap in hand again

This going to get played with by the city coz thats wot happens with warrant deals

It short term finance with high risks

[fireplace22] 12/5/2017 07:39

you're certainly amusing!

[fatnacker] 12/5/2017 07:38

Fucin idiot alert

[leeson31] 12/5/2017 07:29

whats more important here, is the fact discussions are ongoing for a farmin partner, once we get that news, the HUR model is then validated by not only the already received CPR but by then a major oil co. that will make share price fly imo.....

[francis55] 12/5/2017 07:28

Just over 600k profit compared to 5.2million loss last year, no debt and a queue of financial institutions if needed for a slice of the cake. I very rarely go long on a share but i am on this one.

[fireplace22] 12/5/2017 07:27

Fair enough Leeson - wasn't aware of the broker link.

[laserdisc] 12/5/2017 07:23

lots of good news in accounts CASH BALANCES seems Halifax drilling has also been paid
The Group has no external borrowings and ended the year with GBP82.2 million of cash and cash equivalents (including GBP9.9 million of restricted cash held in escrows). These balances have allowed the Group to meet its outstanding trade and other payables of GBP21.3 million that existed at 31 December 2016 and the costs of the remainder of the drilling programme and to commence the purchase of long lead items and other required pre-sanction expenditure (the "Pre-sanction Commitments") under the Lancaster EPS development.

[puzzler2] 12/5/2017 07:20

So, does that mean "We're trusting you Stifel not to junk our SP, or we'll cancel the warrants"?

[ltinvestor] 12/5/2017 07:18

Because of the short dates , less than a month , the company must be very close to a deal

[laserdisc] 12/5/2017 07:18

strengthen the Company's hand in discussions with counterparties.