Hurricane Energy Share Discussion Threads

[nicebut] 04/5/2017 11:14

HUR had a CMD so I guess someone liked what they saw and has decided to buy a few shares....Good news IMO.

[rayrac] 04/5/2017 11:13

The 'fat' profits are yet to come. Chicken it if you want, but the golden egg is yet to be laid!

[mirabeau] 04/5/2017 11:07

I was gonna sell at 66p (was offered 65.98 for 50K) but decided to wait to see what's driving this.

P90 reserves of say 500m (Malcy says 2bn) @ $3/bbl is still way in excess of the current mkt cap

1bn reserves at $4/bbl is still way in excess of current value

capex of around £450m

still money to be made for a major(s)

but it's so tempting when you're sat on such fat prophets (Malcy!)..gettit? I'll get mi well worn coat with the leather patches on th'elbows

[francis55] 04/5/2017 11:07

On a coffee stop on M6. Whats driving the price?

[leeson31] 04/5/2017 10:58

today should entice technical buyers too, breakout.

[terry hardacre] 04/5/2017 10:54

Only a small one Adam - fortunately still heavily constipated on these little nuggets

[copestake] 04/5/2017 10:52

What do we have here then :)

[adam] 04/5/2017 10:51

Terry - did you dump?

[cashandcard] 04/5/2017 10:51

I would put my money on Lancaster CPR. Too early for any M&A.


Cash

[leeson31] 04/5/2017 10:51

id like a full buyout of lancaster, for now....

[nicebut] 04/5/2017 10:50

I wonder which ii is buying?

[leeson31] 04/5/2017 10:48

feels more than jjust a CPR, David.....

[davidblack] 04/5/2017 10:48

Is this a bid coming?

[leeson31] 04/5/2017 10:48

2nd intraday auction about ~71p, just 3p to go. lol

[leeson31] 04/5/2017 10:46

lancaster, recoverables min ~600mmbo x $3/b = $1.8b / £1.44b or ~120p/share.


factor in h-fax, and GWA, and this is only the start......................

[russell250] 04/5/2017 10:45

I see it more as transparency -

[gary38] 04/5/2017 10:45

Nice to see HUR In the top list.

[davidblack] 04/5/2017 10:44

Or maybe Hurricane's broker has been out buying lunch reassuring potential fund managers that the CPR is coming very soon and it's time to buy in? With maybe a side deal with CA to place blocks of 10m a time?

[sheep_herder] 04/5/2017 10:43

Didn't think you'd heard of it. :-)

[russell250] 04/5/2017 10:42

humility??

[sheep_herder] 04/5/2017 10:39

russell, good use of humility.

[russell250] 04/5/2017 10:36

hope I don't regret switched another £80k from glencore to hur

[puzzler2] 04/5/2017 10:34

...or perhaps CA have been persuaded to sell any excess via a placing to a new investor?

[leeson31] 04/5/2017 10:32

next auction should be at ~71p :-) about 3pm lol