Hurricane Energy Share Discussion Threads

[bocase] 12/2/2021 17:01

Beat me to it Kooba.

We should see the trend continue as the dollar weakens. Most costs are in dollars so benefits are real.

[kooba] 12/2/2021 16:52

Brent through $62...on a rip.

[btvitexcoinvxcryptowhale] 12/2/2021 15:41

A pandemic and a stock half mcap with double cash in its bank.13million crude in port Hurricane Energy And folk are buying carrot stocks Where a student in a college laboratory smoking weed thinks the carrot grew?There is a reason folk lose money in Aim They ain't very smart BT

[leoneobull] 12/2/2021 15:37

If only I had more time, I could then spend half the day posting on shares I don't own, expressing scepticism about them. Damn the day job!

[btvitexcoinvxcryptowhale] 12/2/2021 15:10

A tanker of crude with 13million profit in port.Wait we grew a carrot bigger lolHonestly wtf!BT

[btvitexcoinvxcryptowhale] 12/2/2021 15:07

This morning was IG closing out spread betters.The poor traders who thought an rns was due.3.4p spread out at 2.8 liquidated Ouch.Don't spread bet Coz only idiots do BT

[lfdkmp] 12/2/2021 15:06

BTVitexetc

I'm sure your posts are full to the brim with valuable insights that will aid my inadequate attempts to make money on the markets.

However, my feeble brain is struggling to keep up with the number and the frequency of your posts.

Any chance you could help us all even more and summarise your wise thoughts in one or two (max) posts in a day.

Failing that how about limiting your benevolence to one post an hour.

[btvitexcoinvxcryptowhale] 12/2/2021 14:53

His risk strategy is he was a plonker buying so much at 45p.That's a life lesson.And a harder one watching a 5 to 10 bag now BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:52

I read a post by a guy on Hurricane saying he got 120thousand pounds hurr 300,000 shares at 45p average roughly But his risk strategy isn't ti buy more at 2.5p Although he thinks it will regain?Ok so 20k at 2.5p when it hits 25p is 200k Very confusing some of you lot

[btvitexcoinvxcryptowhale] 12/2/2021 14:37

Global pandemic and one of if not the only oil company not in debt!! But cash rich!!!Is Hurricane Energy If that's not a reason to buy Then these posters on lse in carrot stocks you will never be able to help them.BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:31

Thing is guys.And gals.Brokers know Hurricane Energy is highly oversold.And they want the shares So you make sure you get more and hold what you have too Pmo Enquest Tullow traders moving in right about now Goodluck BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:21

The bondholders will agree to wait longer Due to cash in And cpr So that's just common sense.BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:16

There's only 1 place money goes on a Fri 7per cent down with 13million crude in port currently about to offload.Hurricane Energy is primed BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:13

Its 2.97 7.07 per cent down currently.Watch and learn BT

[btvitexcoinvxcryptowhale] 12/2/2021 14:04

And everyone starts buying in for rns Mon And Hurricane Energy picks up to level or blue again.Watch out for big buys rolling inBT

[jotoha2] 12/2/2021 12:04

Pretty standard statement , all companies have to cover themselves from a legal point of view , 12 months is along time , next bit of news from head poncho should confirm direction of travel , all starting to come together nicely according to CA , rock n roll.

[d1nga] 12/2/2021 11:49

the Group has adequate resources to continue to operate and meet its liabilities as they fall due for the foreseeable future, a period considered to be twelve months from the date of signing these Interim Financial Statements. For this reason, they continue to adopt the Going Concern Basis for preparing the Interim Financial Statements."



12 months fatso

[mhin2] 12/2/2021 11:23

Lets hope there is substance to this from Maris "A continued recovery in oil prices would further enhance the significant value we see in our West of Shetland portfolio." CA also seem to indicate `significant value, but seems difference of opinion on how to release it...

[ngms27] 12/2/2021 11:19

kooba,

Are you insane?

Do you really think they can flow at 11k bopd for 2.28 years?

Have you not read the statement concerning commercial threshold?

Lincoln well 14 is now deemed to be within the range of 50m to 150m approx of the OWC. It therefore is almost certainly not commercially producible from any existing wells.

[mhin2] 12/2/2021 11:15

a lot of questions, speculation and uncertainties...hopefully the fog will start lifting soon...shorts starting to close, poo rising, cash increasing, impending news of forward plan, reserves etc. all will be revealed in the not too distant future.

I should add 3p holding...lets hope it is 4-4.5p before news lands...if it is assume the prospects are not as bleak as some make out.

might, just might, buy some more. If I had spare cash, then I would be highly inclined to do so. In the meantime waiting news on one other share, so I am happy for hur not to release any news before I am ready. I expect news in the other investment sooner than that from Hur.

[kooba] 12/2/2021 11:02

Btw $160m divided by 1992m shares in issue is 8c ..5.8p. This is obviously a rosey scenario on known knowns.However if there is cost effective capex to boost recoverables or tie into Lincoln this could be far greater in adding value to equity holders.Idea of glass half full rather than drained because it suits your now rather changed view from a few weeks ago.

[thegreatgeraldo] 12/2/2021 10:56

ishy001
9 Feb '21 - 13:05 - 23512 of 23662
0 0 2
Come out of this share before its too late. I dont see it moving up soon.

....Try again?

[kooba] 12/2/2021 10:49

Ngms27 your post 23512'My math suggests the following:@12k bopd 10m barrels would last 2.28 yearsIn that time at $55 oil they would throw off $216m net of costs ($400k per day) so looking good'Now i think that 12000bopd is rather bullish so i will take 11000bopd..but lets take $30 profit per barrel on 10m barrels. Now that comes to $300m and we have $120m cash so at redemption we could have $420m deduct the redemption and interest $260m could be $160m to equity holders.Capex would only be spent if it were to have a beneficial impact on production and increase value to shareholders...there is no commitment at present.You might want to figure in some value to Lincoln as i believe some shareholders believe this is not zero, and maybe the wider acreage.