Nighthawk Energy Share Discussion Threads

[philmac56] 28/12/2017 20:38

My concern here is, nothing has really changed with the 6 months extension...just breathing space to find another avenue for funds to pay off CBA.

However, if WF takes a big turn for the better and production drastically improves...who knows..CBA change of mind totally??

But, we will continue bobbing alone imo, some will have a good financial rewards every month of the extension, whilst those of us LTH who have stumped our cash in Hawk, have seen it fall from 13.5p to current share price of .0038p.

So if Rick can/has persuaded CBA to extend for 6 mths...with much higher expectations in the future,then why does he not dip into his pocket and double his current holding... peanuts at this level!!!

[rockin robin] 28/12/2017 19:46

The last few RNS have been enthralling, but I don't recall an open admission.In general..If the CBA did call in receivers....within a month most staff would have left the Company, leaving zero production/revenue. (?) Not a great option.So they decide today, as they have done several times in the past, to get back as much as possible by keeping the Co. running?Hawk's been in an oil coma, oil was $28, it's now $59.Daily production at Hawk is 796 bopd & it's now stabilised, through the WF project?At $28 it's a pile. Yes.At $59? ? That's ~ $5M more annual revenue.Previous RNSs state:Majority sh Johan C has just decided to resign from the BOD. They declare they would like to work with him exploring refinancing options. Wow. What a coincidence?An investment Bank is being engaged. Why?They have just also announced a good farm-out deal with another drilling Co. Why would they bother to do that? Their goal being?Looks like imo, this is being allowed to run, potentially - drill cheaply, and seek new investment, in an improving oil Market. No open admission though.

[rockin robin] 28/12/2017 19:43

Where do they openly admit that Waterloo?

[waterloo01] 28/12/2017 15:42

This is on life support and they openly admit they have no likely way to pay off the bank. The bank hasn't pulled the plug as they probably hope for an orderly sale, rather than a fire sale. How shareholders will see a return however isn't clear, if at all likely. The banks however have 1st call and will take all and any money from any sale. IMO.

[tomboyb] 28/12/2017 15:31

If the oil price continues to recover then who knows if this can do a TRIN -

The rns give HAWK time -

[...]

[philmac56] 28/12/2017 15:15

Hey, don't involve me...lol

Yes I have, quite, quite, quite, quite, quite a few mill!!!

[balbains324] 28/12/2017 14:05

I'm pretty sure Phil has more than me!!

[balbains324] 28/12/2017 14:01

Loool I hold in the millions my friend.....i think it was more than all directors combined excluding Peter.

[rockin robin] 28/12/2017 13:58

Most on this BB hold 10%. Lol

[tomboyb] 28/12/2017 13:50

Cheers -

I see Peter Gyllenhammar still holds 10% -

[philmac56] 28/12/2017 13:11

We already know Oct was higher than September...but that is on account of 1 extra day in Oct.
Nov data we need to see

[rmart] 28/12/2017 12:49

if they get an increase in production rns out we will make 1p pretty quick imo.

[tomboyb] 28/12/2017 12:17

6 months -

Can it do a TRIN - ?

[reallyrich] 28/12/2017 11:56

3p or 4p can then do a rights issue raise a bit of cash

[lev61] 28/12/2017 11:49

The only thing I cannot understand is Rick's lack of communication with investors in his RNS's, this from a man who won awards in company PR.
Maybe he is embarrassed by the way it has gone and he is just going to keep his head down and work hard to get HAWK to a position it deserves. I can still remember him saying 3p was materially too low. Get on with it then.

[mally6] 28/12/2017 11:24

Bought in earlier this was priced at all time low so should rerate nicely needs to get noticed holding tight

[rockin robin] 28/12/2017 11:23

The Market. People buying etc Not an epic code for MKT - whoever they are?-The early bird.. must not have read the RNS this morning...whoever sold out ~13,000 shares at 08:00 for .27p this morning?!? Oh dear..

[rockin robin] 28/12/2017 10:21

MKT seems to like it too.

[tsmith2] 28/12/2017 09:51

they have time to get some meaningful production increases and possibly even farmout..more than all to play forthey are servicing the debt

[rmart] 28/12/2017 09:50

there goes stage 1

[rockin robin] 28/12/2017 09:31

MMs have turned everything, apart from Negotiated trades, off.Baring in mind they have been robbing folk for months & have no stock...I can't think why? Lol.Big jump coming imv...

[rmart] 28/12/2017 09:21

The farm out partner only has until Nov 18 to drill. Maybe this will happen before June ?