Hurricane Energy Share Discussion Threads

[cobra kai] 28/9/2021 14:32

Keep sweeping MMs legs folks.


10p then 20p quickly.


Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy

[bigger is better] 28/9/2021 14:30

Here we go 5.0p offer five seconds after I posted. I won't be surprised if this closes 50% up today.

[bigger is better] 28/9/2021 14:29

5.0p will get hit soon and it will spike to 5.5p very quickly.

I am happy with my buys and am topping up on the way up towards 10p.

[bigger is better] 28/9/2021 14:27

NGMS

You can't be an expert as if you had some courage and bought at 0.8p; you would be 600% up in about 3.5 months. Some people holding till 10p will be 1200% up.

But you zilch, as you do not have any conviction nor can understand any inversion.

Of course, keep chasing wonderstock instead of a value stock. You may learn many things here.

BIB

[kooba] 28/9/2021 14:21

Don't give up hey ngms..in nine months time when the redemption is being sorted and the AM ready to continue for further 12 months ..I'm sure you will still be the voice of doom.Cant be bothered to look back on all your negative posts would probably start shouting its black all black etc.You want to repost so i can dissect your models and forecasts with the benefit of hindsight when i have time ..please do if you are that confident.

[cyrilsneer1] 28/9/2021 14:19

Kite lake won't like the look of the where this share is heading, wouldn't surprise me if they start unwinding their short.

[ngms27] 28/9/2021 14:16

Kooba,

There was always the economic test in my model if you care to look back. It's the water cut that would have broken the economic test which required 10k bopd @ $40 oil.

Now the risks of ESP failure and instability (due to water cut) are more acute given $80 oil.

[cobra kai] 28/9/2021 14:12

Why would it go bankrupt as the share price is rising, say it spikes to 15p-20p, they could have a Rights issue @ 10p to pay the entire bond.

That's what Sensei is predicting



Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy

[cobra kai] 28/9/2021 14:11

So you do not believe in what are you saying, what sharescope or some other outfit telling you? You believe some algos are doing the maths for you, and they can predict the future.

No algo saying crude $120, but Goldman is.


But why sharescope/stockopedia is not worth one trillion or more?

C'mon NGMS I am looking for 5m shs. Help me out.


Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy




ngms2728 Sep '21 - 14:05 - 30091 of 30092

Why would I do that when I'm riding PANR and TXP to glory?

[kooba] 28/9/2021 14:06

Nope always you focused on water cut and flooding and well failing..never saw any oil price commentary or sensitivity analysis in your modelling (he he) ...cant be bothered to go back so rewrite as you wish...still bemused why you return over and over as the voice of doom when serially wrong ...oh well everybody should have a hobby.

[ngms27] 28/9/2021 14:05

Why would I do that when I'm riding PANR and TXP to glory?

There is a slim chance that they aren't a bust within 12 months IMHO, but that's the gamble.

[cobra kai] 28/9/2021 13:58

Hi NGMS

As you think it's bankrupt. Why don't you put a 5m shs for sell @ 4.55p :) and I take them off you.

Many body bags on order for II shorters trying to close now with delta hedging gone sour.


Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy

[ngms27] 28/9/2021 13:54

Correct it's Stockopedia not Sharescope. Just proves I can be wrong ;)

[cobra kai] 28/9/2021 13:52

MM's roof is on fire

Our dojo has been marching since 2.5p and Sensei has put us on attack mode again. Our turn to sweep MMs legs !!! They were warned.

Last year, I did not know about spread for shs, this gambling malarkey has been an experience for me, it's a lot difficult than fruit machine.


10p then 20p quickly.


Do or Die
Cobra Kai

Strike First
Strike Hard
No Mercy

[impvesta] 28/9/2021 13:48

ngms2728 Sep '21 - 13:12 - 30084 of 30086
0 0 0
"This is what Sharescope thinks of HUR
[img]

The image capture on that link looks more like Stockopedia to me.

[wbodger] 28/9/2021 13:13

Sorry I name checked him, folks. What an idiot.

[ngms27] 28/9/2021 13:12

This is what Stockopedia thinks of HUR
[img]

[ngms27] 28/9/2021 13:06

Nope, my model was around economic production which was circa 10K bopd @ $40 Oil. Evidently that's now 5K bopd @ $80 Oil. This was following guidance provided by the CFO.

Therefore at face value production can be extended due to the POO.

However the risk factors remain:
1) Well 7z started swabbing and thus was unusable with water cut over 50%. Well 6 does have increasing water cut, which was mitigated for a while by shut in and thus the reservoir reaching equilibrium. Water cut could increase rapidly at any point
2) Well 6 is on the last ESP. If this fails they will need a rig to reinstate production. You can forget a Rig WOS between November and March due to weather constraints.
3) The reservoir is approaching bubble point. It's probable that production will have to be decreased at this point as there are limitations on gas that can be flared.
4) They will need to extend production past June 2022 for shareholders to get any return. This will require a contract variation with Bluewater as the current contract only caters for a much longer extension than well 6 will be able to produce for.
5) Todays market cap is over £75m. To maintain that they will have to pay off the bond holders and have at least this amount of residual cash when well 6 goes below economic threshold, assuming they don't raise more capital for additional work elsewhere.

[glavey] 28/9/2021 13:01

Lots of speculation in the oil price - hence it'll go up for as long as that remains and go down when it doesn't. Not too dissimilar to watching a queue at a petrol station just now.

[tradoil] 28/9/2021 12:57

Published your model...hahhahahahahaha. Could you sound any more pompous or any more wrong for that matter. I second the bore off sentiments . Off you slither now.

[kooba] 28/9/2021 12:39

Your model ngms27 has always been around water cut and how it would exponentially rise within months, the price of oil made little difference because you said production would stop ..that has been the same tune for 12months now ! Yes the water cut is rising at a consistent rate yes this is one to watch but its still producing very well and even the glass half empty executives forecast economic production running until the end 2023 if they could secure the FPSO. Also interesting that Bluewater who i guess know the well better than you and me are keen to extend contract..sure they want to be under contract but i doubt they are in it for the termination fee i figure they think there is life in the old well 6 passed end of current contract…maybe they are less concerned at the water cut??

[ngms27] 28/9/2021 12:21

You have to remember POO was sub $40 when I published my model.

I agree things have improved enormously but it's still a gamble not an investment.

[cyrilsneer1] 28/9/2021 12:12

Long way to go I agree, but you have to admit things have improved enormously.