That's it... cast a few doubts and dispersions around... get everyone in a tizz... then say it's just idle speculation. When I learnt my pilots radio procedure, My instructor said "Engage the brain before the mouth."
Takeover.. The person who got Dr. T up and running was James Hudleston, the famous financier. Also a major shareholder. Fact
A look into the future 14th NOV no less [link] To frack or not to frack: investing either way Hot tips if UK shale gas exploitation powers ahead... and if it doesn’t.
So nothing has changed from where we were 7 months ago.
The rns did not tell us anything we do not already know.Prepare for a very long wait.The terms HUR will be looking for will be extremely disconnected from what a partner will be offering.A potential partner will know HUR can not do anything without huge investment so will be offering the poorest terms as they have them bent over a barrel.The other option is HUR goes down the massive dilution route with a discounted placing.Both are not good for holders with high averages as dilution could mean almost 1.5 billion shares in issue and a poor farmout could even mean losing 70% of the oil.Not a position of strength is it?
and back down again we go give it a couple of days
Next year hopefully will be better on HUR as nothing is going to happen this year people can fantasise all they like but it will make no difference and with Iran soon to be flooding the oil market i cant see the price of oil being any higher than it is now.In fact around $50 would be good considering
Nothing will happen here until next year i would have thought and with a possible second independence referendum in Scotland the uncertainty over it will not have a positive effect on North Sea investment
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