yep should be a steady week ahead, wont be long until its back above 50p imo
Production tests achieved a sustainable oil flow rate using an Electrical Submersible Pump (ESP) of 9,800 stock tank barrels of oil per day (STB/d), the established oil flow rate being **constrained by the capacity of the surface test equipment**
A couple of big buys would make a fair dent in the share volume, hopefully the start of stability now for HUR now that the 10% crew realise its not worth trading i think with the big background seller gone now too that is helping it settle into a nice slow steady climb too.
looks to be less volume of shares around now compared to last week, slow and steady rise back up to around 50p this week i would think
I think so too, having watched interviews and read up a lot on HUR i think we will be getting news in the next month or 2 at the latest regarding the farm in which i would say will be BP. Big potential with the whirlwind discovery too with another 200 million barrels. So thats 400+ Million barrels and the farm in will extract it. Then there's the 2 other fields still to be drilled! I think a lot of people looking a quick turn here realise now that its not one to be day traded so things should even out now.......there has been and will be further II's sniffing around over the coming weeks. Its that and the news of a farm in which will send this SP north IMHO DYOR etc
you.ll have to go to lse.co.uk to respond, cheers!
hi Burt, users with LSE next to their name cannot see your posts
@wakefield10 heres soem info on what the future holds for HUR if you havent already read it. This should ease your anxirty a bit. Im all in with HUR and yes when my figures are sitting in the red its not nice for anybody. HUR is a long termer not a pump and dump like so many on AIM
"constrained by the capacity of the surface test equipment" - there's more coming
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