Hurricane Energy Share Discussion Threads

[fireplace22] 26/11/2017 08:08

You don't trash the share price to the extent he has with so much involved without an ulterior motive, whether that be to force the company into a FO which would add stability via association with a major or a full TO. A loser so far but not a masochist or stupid.
Fully agree with the final sentence.

[cumnor] 26/11/2017 07:59

RB's a loser. Some blame others for their mistakes and then childishly act like they've been (force) fed sour grapes. Grow up. No one forced anyone invest in HUR. Investors with a medium term view can see, esp at this price, it's a good punt-and a very good one at that. imo

[fireplace22] 26/11/2017 07:04

Can't see why RB is talking this down other than to flush out a bidder capable of fulfilling his short term profit criteria. His angst with the board over the cash raise etc probably means his longer term aspirations prefaced by a gradually increasing share price are not acceptable now with the CA NAV spiralling downwards. Has he a bid from a stalking horse lined up to be quickly followed by a frenzy of other offers?

[lw425] 25/11/2017 22:52

My mistake. 17000 barrels. Thank you

I still feel my share price target is reasonable.

[gisjob2] 25/11/2017 21:52

LW, why pick 13000, the company are targeting at least 17,000.?

[lw425] 25/11/2017 20:09

So we had a spike to an unsustainable market cap for a company with no revenues and no production. that spike was supported by institutions taking part in the placements which helped to perpetuate the bubble market cap, inflated further by PI'S.

what will happen now is that the share price will drift down with the cash burn. there is no reason for any sane person thinking logically to buy and hold now

so say at first production if they do maybe 13000 barrels to maybe 19000 barrels, a share price of 13p, 250m cap with the bond debt on top to be factored in is more than fair

you still don't know if it will flow at commercial rates at proper EWT of say 3 months

so the risks are off the scale.

this is going long term down

funds should dump now

as should pi's

i.m.o.

[bloodhound] 25/11/2017 20:02

"Are CA loosing patience ?"

I'd say yes judging by the tone of the Tweet 'Trice'.

Everyone has their own take on things but Dr Bob Arnott leaving when and how he did has unsettled me, is this just the RT/AS show, stuff everybody else corporate governance and all?

BH

[jimarilo] 25/11/2017 19:00

Are CA loosing patience ?

[bloodhound] 25/11/2017 17:48

RB Tweet today:

In 2005, Trice raised £25m, Further money was raised in 2008, 2010, 2011, 2012, 2013, 2014 and 2016. This years's May warrant issue fiasco and the summer's $300m raise brings total equity raised to £595m. £80m more than the current £515m stock market value. Track record?

BH

[fsawatcher] 25/11/2017 11:26

shud drop to 24p

that when you wanna buy it big

coz it go to 50p after that

jus peeps waitin for 24p that got this driftin

traders want 24p before cpr issue

they get it but ave to be quik

[dunderheed] 24/11/2017 20:26

Chutesey normally resides over at prm. Perhaps a very embittered holder who takes their disappointment and anger out on other fred's!! All imho of course!

[gary38] 24/11/2017 17:53

Brent crude settling between 60/ 65$ and could move up into the 70/80s for FOIL as the middle east tensions rise between US and Iran nuclear deal.2018/19 is going to be a very exciting time for Hurricane Energy.

[gary38] 24/11/2017 17:16

DrTI am pleased to confirm that operational progress towards our target of first oil on the EPS continues to be on schedule, with the FPSO currently undergoing upgrade work in Dubai and our planned revised CPR, which includes Lincoln and Halifax, remaining on track for publication by year end. We look forward to providing an update on operations as relevant milestones are reached."CPR report within the next month.FOIL within the next 14 to 19 months.

[shakudo1] 24/11/2017 16:51

Chutes. Time to return to your own planet. Nothing for you here.

[shabbadabbadoo2] 24/11/2017 16:18

Why is that a surprise?

[greyingsurfer] 24/11/2017 16:18

It seems HUR goes down, Crystal Amber (CRS) follows

Hardly a surprise, surely, since so much of their mcap is HUR?

Peter

[jimarilo] 24/11/2017 16:01

It seems HUR goes down, Crystal Amber (CRS) follows

[rackers1] 24/11/2017 15:47

CPR going to tell us anything we dont know ?

we know there is lots of oil down there. The issue is of extraction and the viability and cost of extracting it.

[anley] 24/11/2017 15:26

CHUTES......do I take it that BP is a dealer in stocks and shares?

[gary38] 24/11/2017 15:16

CPR report release within 23 trading days.

[chutes01] 24/11/2017 14:44

chart will need to recover from here or we will see 17p next week.
disaster for LT holders, but the big boys always get their way.

[chutes01] 24/11/2017 14:43

CPR rumours look to be correct, BP shorting this into the ground now, priced to go to the wall.

[jimarilo] 23/11/2017 18:04

"nw99
22 Nov '17 - 13:51 - 27536 of 27545

Who is the seller here ? Large volume"

Looks to be the same again today

[pounddreamer] 23/11/2017 15:26

Just checking in.
New CPR must be close

[laserdisc] 23/11/2017 08:35

added again feel its a good entry price at this level