Nighthawk Energy Share Discussion Threads

[marmar80] 05/10/2017 13:55

Dont forget they can make money of the existing producing wells. They also have access to a huge acreage.

[highasakite] 05/10/2017 13:14

LOL

with a hugely toxic balance sheet ?

dream on.

[philmac56] 05/10/2017 13:11

Answer....
Mr Remington turns up and buys the company.

[highasakite] 05/10/2017 12:54

Why won't any HAWK holders answer this question:


Can anyone tell me how HAWK can survive without a massive debt for equity swap which would mean wipeout for current shareholders ?

[marmar80] 05/10/2017 11:29

What are the costs now when we are not drilling and not investing more in WF, behind the pipe etc? I believe the are admin costs + loan vs. Produced oil should easy cover the admin costs and loan installments. So Rick must now extend the loan some how to pay 2-3m max per year over next 10years. IF he does that, Hawk will fly again.

[sleveen] 05/10/2017 11:22

marman

NO

The financial costs alone are about $3m/year

[sleveen] 05/10/2017 11:21

The only oiler recently to come back from the dead is TRIN.

That's because much of the debt and back taxes were forgiven in the financial restructuring package.

I doubt the above scenario will play out with HAWK. Sadly.

GLA

[marmar80] 05/10/2017 11:20

At $50 per barrel do we make enough cash to pay back 2-3M per year?

[chesty1] 05/10/2017 11:16

Phil I wanted some more below 1p and here it is. Picked up a very small amount yesterday to bring my average down but still not expecting a return on my original investment. Who knows stranger things have happened some dogs producing nothing can fly then so too can this! Fingers crossed for all longs. My average overall now is still some 800% up on today's sp!!!

[highasakite] 05/10/2017 11:01

MC of £2.4 million tells its own stories.

[highasakite] 05/10/2017 10:22

ranald

have you checked the balance sheet ?

Instead of having a pop at me give me your thoughts on how HAWK will avoid a massive debt for equity swap and wipeout for shareholders ?

[philmac56] 05/10/2017 09:41

Chesty... Well did you buy more hawk, as you had indicated you would???

[ranald] 05/10/2017 09:28

Ignore highasakite - we have all seen it before - someone sitting at a computer looking at shares in which he has no interest and trying to "advise" shareholders what they should or should not do - imagine the sad existence that must be in place in order to do that - a life devoid of any interests of his own - bit pathetic really - you carry on with your "advice" highasakite if you feel that it makes your life a little better - it speaks volumes to your knowledge if you believe that any investor would invest or not in a company on the basis of talk on a public comment board.

[highasakite] 05/10/2017 09:22

Can anyone tell me how HAWK can survive without a massive debt for equity swap which would mean wipeout for current shareholders ?

[chesty1] 05/10/2017 09:01

Rumour mill going crazy over on AST

[blakieboy7] 05/10/2017 08:41

So you're a do-gooder then?! Do me a favour!!!

[highasakite] 05/10/2017 08:38

I only slag of companies with toxic balance sheets that are about to go bust.

I talk favourably on good companies only like VOG.

[philmac56] 05/10/2017 08:23

Show me, show me..
Edited
That's all I can find is your contempt for other board users, across various boards!!!

[highasakite] 05/10/2017 08:11

"If so, why did you not warn people at, 12p
11p
10p
9p
8p
7p,.....etc

Oh the power of Foresight!!!"





I did many times at much higher share price levels.

[philmac56] 05/10/2017 07:04

The wording makes me wonder if Snowbird is sill closed down and not injecting currently??

"During site closure operator may need to conduct additional remediation work and/or ensure that areas found with high SAR and EC are buried at least 3 feet deep."

[philmac56] 04/10/2017 22:24

Re Snowbird inject well.
Taken from Cogcc, date of update 2/10/17.

Environmental Some sample locations on the well pad were found to have high sodium adsorption ratio (SAR) and electrical conductivity (EC). During site closure operator may need to conduct additional remediation work and/or ensure that areas found with high SAR and EC are buried at least 3 feet deep.
10/02/2017