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Hurricane Energy plc (HUR)

London
Currency in GBP
Disclaimer
7.79
0.00(0.00%)
Closed

HUR Price Commentary

lots of behind the scenes movement now....this share will climb now. at last!!!!
now may 2022 and people keep saying this share will rocket upwards........I think the blue touchpaper must be wet then.
9.60-10 you think?
looking good now.wake me up when it gets to 40
£77.8M debt burden settled; remaining debt will also be addressed, positive outlook 🦧🚀
Hurricane starts its bond purchase program; will reduce significant liability.
Total reserves of the field are estimated at 1.7 to 3.3 billion barrels of gross recoverable oil in North Sea.
Crystal Amber plc incresses stake again, surpassing 25% holding. 🦧🦧🚀🚀🚀
Positive cash flow - increase from previous statement 🦧💎🙌🏻🚀🚀
What is the long term plan for this company or can you rerfer me to where good info on the direction?
There’s a message board on ADVFN. It’s entertaining at the very least!
crystal amber are the main drivers of the action. if they have a solid plan.....and get the right people involved...I can't see no reason why this can't go back to the 30p plus range
i wish mate
Crystal Amber Fund increases its stake to 25% holding. 🦧🦧🚀🚀🚀🚀🚀
But whats the hight it can go ?
But dont forget they have problems with water mixing oil since 2019
all problems have solutions 👍🏻
Is this going any higher?
🚀🚀🚀
But whats hight it can go ?
height
10-15p TP1
Court did not approve the restructuring plan 🆙🚀🚀
10-15p + now possible short term!
🚀🚀🚀🚀🆙🆙🆙
2-3p + possible this week as judge about to likely rule in favour of shareholders this afternoon!
Yes going 🆙🚀🚀🚀
Hurricane Energy Says UK's Oil & Gas Authority Gives Approval For Lancaster Field Development Plan
1. Market has already priced in dilution.2. Debt reduced3. Lancaster back up and running4. If successful board changeAll positives for this turnaround
Oil prices rise above $72
Hurricane Energy rallies as bondholders unanimously approve restructuring planHurricane Energy PLC (LON:HUR) clawed back some recent heavy losses, rising 29% to 1.45p after the results of the bondholder plan meeting were announced.The resolution to approve the oil producer’s restructuring plan was put to the bondholders and was duly passed on a poll.The voting was unanimous.
Proxy vote form: https://www.hurricaneenergy.com/investors/general-meetings
If you would like to see the company to rebound there is only way ~ board must change.
On 14 January 2021, Hannam & Partners published research paid for by Hurricane. It estimated a "risked net asset value" of 10p a share, valuing the equity at £199 million. This assumed an average price for Brent crude oil of $60 a barrel, compared to a current price of approximately $71.
The current Board of Directors are not making decisions in the interest of the Shareholders. Probably because they don't hold any shareholding at all...or very limited.
Hurricane Energy plc (HUR) $HRCXF Champagne on ice for just after midday UK time Friday 11th June! it will be a well deserved victory for shareholders here and will also restore faith for all shareholders in general wherever they are invested! Obviously expecting extra fuel in the sp Friday as our victory will receive a lot of media attention and rightfully so! then more national and worldwide media attention over next weekend should set us up for a transformed sp moving forward, not sure what fair value will be once our new BOD have officially taken over the reigns, have seen estimates ranging from 3p to 5p to 10p + that isn't too important initially, the most important thing right now is just getting back on track with our new BOD in charge, not long to wait now at least!
Heading to 15p 🆙📈🚀
 I thought that the idea was that all shareholders should vote against the 7 proposed resolutions on 11th June?
if there is an all clear, this will rebound first towards 15p ~ then onwards and upwards
regarding your question, there are two votes one is for restructuring which should be for, and the other is the AGM to oust the board which is also for.
where can I buy this
Any Brokerage should allow you
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