Member Info for BlackHopper

It’s been a hard days night

And I’ve been working like a dog..... All week.

Foreign junket. Too many beers as well.

Missed the football except the third Spurs goal. Not a Spurs many but still raised my glass to Mauricio. Top moment.

Enjoyed the rising SP through the week and of course the fall back a little disappointing

BUT

The RNS was great. The rest of 2019 is going to be great as well and some people will make a lot of money trading whilst others make a bit less holding. Regardless of that the new revenue stream will kick is and the news of any other revenue stream can catch out the cheeky game players and put a smile on the faces of those who invest in a growing diverse company as opposed to those who trade for a fast buck.

It’s all part of the market. It is the market. It is what it is. JJ will increasingly run out of track and D14 will sound more and more like a boring old windbag.

There it is. Enjoy. About to take off... BH

Yes indeed Jbatch! Compelling multifaceted buy due to companies assets and strategies and the chance to get in at a silly low price.....at the beginning of the beginning.

Good to see evidence that many Understand that.

Agreed!! GLA

PR02. Read the summary in the 13th December RNS. Then factor in 19th March RNS and OSG's maths. Then look at the SP graph and have a good think. Ask more questions to the board. I'm sure you will get some good and helpful answers. You have stumbled on a good share at a level it should never really have reached.

Remember...no debt crap like so much on that old AIM. We are not AIM. CEO has 9% so heavily invested and therefore motivated in more than just wanting his creation to be an exciting business success. Recently added Zoetic team also fully motivated by shares/warrants. They all want success. Bring it on!

Well done! BH

I agree with you Blacksheep, the company will succeed without the BS. OSG has applied simple maths to the CBD related numbers RNS'd on March 19. This is fine up to a point. It's the way it is done, and of course the history of OSG's posts that is required to understand what is taking place.

You need to have 'lived' the share and the board to really appreciate what has happened with HNR and thus what could and hopefully will happen in the future.

Small companies are often exposed to share price fluctuations that exaggerate to both the positive and the negative. Many small companies often only have one main play or maybe one main and one secondary. HNR is not a typical snall 'AIM like' entity in this respect and is involved in and attempting to further a range of complex offerings as well as more familiar ones. The dip in the SP has been overdone as was the spike to 80p that predates my entry to this share.

I hope and expect the Zoetic arm of the business to develop in a steady professional fashion while ED and other arms are pushed forward too. This is what they are about and I believe a lot of nonsense is written about the behaviour and intent of the CEO and the rest of the team, who work hard behind the scene to further the companies progress.

We shall be finding out more soon! I am comfortable with my holding and hope to add more at these depressed levels.

I am away working next week so will be off board. Have a fun time and keep it real! BH

Nice Genty! Shows how big a deal HEMP is and how it is set to GROW further. Illustrates also why RP and the team were so keen to GET ON with things once they had sight of the benefit the Nirogen/Hydrogen gas mix from Kansas brought to crop yields.

As news of that boost gets out and growers can COME AND SEE the plants in the De Beque indoor facility in number, then expect further GAS SALES, which lets face it could be rolling contracts. If the yield boost remains 25-30%, then for a bigger grower the extra cash that brings is significant. Which means the gas is worth $$$

Not hard to see why they have not yet agreed a simple Nitrogen sales deal in Kansas. I believe they could have, maybe even employing a plastic pipe to pipe the inert Nitrogen away, but have chosen to hold off due to the value of that Kansas gas product for Organically compliant Hemp growers. We can see there are a few, will be a big deal for HNR.

Very busy and exciting times ahead as we await news on further DEALS in East Denver... for starters. GLALTH BH

Hi PR02, welcome! Have you read much of the BB and the recent RNSs?

Thanks sub... another patent in the bag

.......The proposed 2020's bigger outdoor crop is when it will all start to get very interesting and you will not be able to but HNR at 8.65 p then!

It has been disappointing the lack of oil related news over the first 4 months of 2020. I was also expecting a deal in Kansas but the use of gas for agriculture has perhaps changes the Kansas play permanently. The N2H2 gas mix is more valuable than N2 and Robert Price always has the long game in mind.

The idea than DTU is dead is I think mistaken but the language used in early 2018 was perhaps too positive. However, we do not know how close they may have got to a deal, and indeed whether they are close now.

They are still gathering patents on DTU which suggests to me they still see it as very valuable.

What I regularly ask myself with stocks is, imagining I was not invested in any of them, which would I go for RIGHT NOW, looking at 90 day and 180 day returns, from NOW.

HNR, from now, 90 days, 1st indoor crop done and processing/processed, 2nd indoor crop well on the way, outdoor crop, well on the way, 8 ED still producing and then all the unknowable... new ED wells, WD wells, Kansas deal, new water deals, even DTU CO2 (I leave Helios to 2020... they are not, repeat NOT maintaining the leases for a laugh). So, 90 days... +50%...+100%.... will not be at 8.65p.

180 day 2nd crop done, 3rd indoor crop nearing harvest. Outdoor crop revenue in and Zoetic covered or nearly covered initial outlay. Further equipment purchases perhaps... If crops successful, then SP over 20p and I may be way out, but I think you might be looking a lot further north. What else could have come in in 180 days. well who the hell knows but some on here may NOT be moaning about RP taking a bonus. We shall see.

The company report and accounts are being prepared and shall be out soon so you can feast your eyes on that shortly. I hope this has been of interest. There has been some concern that too many operators will/are getting into the CBD business. This is a concern but I think the swift move to Zoetic AND the organic compliance should keep us above the scrum. The potential demand does look very high, so I hope there is plenty of scope in the market.... and we have the gas mix to sell to other growers in the ORGANIC space.

So you see, if I was buying now, I WOULD buy HNR. I have had about another 100,000 at placing price and if other things happen right I am targeting another 200,000. I may not get them but we shall see. The SP could easily dawdle here for another month but then again it might not.... we cannot know.

THAT was pretty much what I posted on Saturday morning. I would like to add that if there is another drought this year in the Powder River Basin and water becomes a big issue in fracking operations then the possibility of options relating to our Helios wells and de-watering the Muddy formation may take steps forward in a way we have not yet seen. But this is something for the future...

I repost below a summary post to Jbatch I posted on Saturday. Things can get buried in the noise. I have adjusted it slightly... BH

Do you understand the situation with Renegade O&G, our partners in East Denver? If not then say. But you surely know we have a 7.5% interest in 8 currently producing wells in ED. The price of WTI does affect our income. Said income is supposed to be sufficient to cover the companies running costs this year. Much has been made of flow rates from these wells, but we do not operate the pad they are on and it seems they are being managed conservatively to give the maximum return over time. So, we have a nice revenue stream right now.

We do not know about further wells in ED under the same 7.5% free carry agreement but we surely hope something will eventually happen. One of the problems for developers in ED is that, for enviromental reasons, COGCC are very keen for oil companies not to flare the gas an oil well produces. So said companies need to provide a costly pipeline solution to actually use the gas produced rather than burning it. We have a pipeline in place at section 15-16 and it could be extended down to 31-34 or other nearby locations.

Cannabis. Let's not call it that. Let's say hemp. We just placed at 8.5p to buy an existing company that did grow cannabis for commercial purposed but now, as part of HNR, is to grow hemp for CBD oil production. You can read all about CBD on the web and you should read Hopeful Dave's posts on the processes at the formerly District 8 facility in De Beque, Colorado. I am not going to try to summarise it all but under the new brand Zoetic, we are expecting first products to be available early May, made from Hemp plants that were purchased so that the company could clone and grow its new set of 10,000 indoor plants (already growing) and 50,000 seedlings for the outdoor plants (Palisade Colorado) but there would be lots of plant matter left to make the first pre-rolled smokes and other products get out into the market. The real fun will start with the harvest of the first 10,000 indoor plants in mid to late June.

10 weeks to grow. 10,000 x 12g CBD plus flowers. Lowest cost of product $3 per gram wholesale....$360,000 but this without the hoped for 30% boost from the Kansas N2H2 mix ( 19th march RNS) and the add on of the premium flowers on the plants.

So yes, more cash is coming on top of the monthly ED revenues. P/E ratio.... no idea but if you are not interested in projections then how the hell do you expect to pick ANY share and hope/reason/divine that it will go up in value after you have invested.

As far as I am aware the company has no debt. The ED payments cover it's running costs and the Hemp/CBD cashflow should turn positive before the end of the year (they have salaries, equipment, soil and utilities costs to cover ). Continued…..

Understandable Dave. Should be an interesting summer! You can enjoy it without that pain in your ear !!

HD don't bother answering this post. The intent is plain to see. it's just a wind up and not a funny one at that. You know as well as I that progress on the hemp will be pretty rapid so just let him stew.

Nice to see a different name on the board, and I do take your point. Sometimes I do not post for quite a while and will let some of the 'negative team' have their sway for a while. I felt as we transition from April to May like it was time for some posts and I have had several direct exchanges with the company that I have agreed not to quote but which make me very comfortable with my position.

I am sure Robert and the others would have quite a guffaw at some of the posts but at the same time the SP is terrible for LTHs, myself included.

However, I do think these exchanges serve a purpose. When a poster slates a company, again and again, while claiming to be invested, to and beyond any rational limit, then it does tell you lot about that poster. I do hope that JJ's intent is malicious because if it is not, he has more serious problems that I would not make light of.

To attack the team for lack of news on Zoetic products and progress this short distance into it's existence, as Hopeful Dave just pointed out, lacks any reason. JJ shows himself up when he does this kind of thing by going too far. However one would expect to hear news within the next month that is clear.

I read this and several other boards for quite a while before ever posting a single message, so I am confident people do read these threads who never actually post. The new venture and the placing will have brought new investors to HNR who have never held shares in the past. It is hard to learn everything about a new company and its history and HNR's history is particularly complex and convoluted. I would say that only those who have actually held the shares for years and years will really ever KNOW the process. You have to live it!

Thus I post to help those new posters get a feel for it. The revenue from the first 8 ED well will continue well into 2020 at a level not to be sneered at. It is true that given no other source of revenue, then currently all will rest on Zoetic, with small contributions from water. Accounts in preparation for Y/E 190331 so we'll get some real numbers soon.

However, i would like to assure you that that scenario is not the intention of the BOD and other revenue streams are actively being sought.

The wait for the first indoor crop is actually not very long at all. The planting outdoor is of great significance (50,000 plants targeted at 30g per plant) and we WILL hear about that I assure you. So I think the next 8 weeks are going to be very exciting and a trying time for the trolls.

JJ had made mention about the SP dropping below the placing 8.5p. Let's see how long that works. That could actually be one of my 'dream scenarios' so let's have a look at that over the next 14-21 days. I don't think i'll get that but I would avail myself of any such move be sure of that.

Thanks for posting and post your thought. Feeling tired having just watched the marathon finish so about to crack on with the ironing before my own mini-marathon. Cheers

JJ I work from home a lot, at all hours, so all the same to me. Just enjoyed a delicious supper.... now a fine drop of red... mmm

will you be happy if it does JJ?

I am reposting some text from the 19th March RNS in light of JJAL's recent post. It is worth a quick re-read i believe. BH

Highlands Natural Resources has formed Zoetic Organics, a 100% owned subsidiary, to establish a vertically integrated, organic and sustainable CBD operation in Colorado.

During the summer of 2018, Highlands discovered a naturally occurring source of nitrogen; which was subsequently found to include hydrogen, making it a natural, organic fertiliser. During autumn 2018, Highlands began selling this gas to an organic cannabis grower and the results have surpassed expectations, increasing plant size and production by up to 30%.

With this in mind, Highlands will enter into an agreement to lease an extensive organic growing facility from a company which has now ceased its cannabis operations. The management team have previously operated that facility, bringing with them all the skills and abilities for Zoetic Organics to commence operations immediately. To incentivise the team, Highlands will issue them with 5 million warrants, exercisable at the Issue Price at any time before 30 June 2019, and will agree to issue a further 12.9 million Ordinary Shares in 12 months' time. The Board believes that this will ensure that it secures the benefit of the up to 30% yield uplift for Highlands shareholders better than simply selling the gas for a few $ per litre.

In a rapidly growing market (the US alone is forecast to be worth $22 billion in three years), Zoetic Organics will seek to distinguish itself by producing only premium, organic products. CBD is becoming an increasingly mainstream supplement, which is available in Boots, Holland & Barrett and other high street stores in the UK.

Highlands plans to grow approximately 40,000 hemp plants per annum in a 33,000 sq ft greenhouse (a minimum of 3 harvests per year is anticipated). The land also includes the ability to grow hemp outside and Highlands has a target to plant 20 acres this year, equating to around 50,000 hemp plants, and rising to 100 acres in 2020 (250,000 hemp plants, one harvest per year). Operating at full capacity in 2020 could see the business harvest approximately 290,000 hemp plants in that year.

Highlands will target a yield of 12 grams of CBD per indoor plant and 30 grams of CBD per outdoor plant. Estimated wholesale prices are $3 per gram although the Board believes sales made direct to retail channels could be at a premium of over 5 times this.

The Board has no plans to grow any cannabis at Zoetic Organic's facility. Zoetic Organics plans to grow only hemp, taking advantage in particular of the regime being put in place under the 2018 US Farm Bill.

The business is expected to generate first revenues in the middle of 2019 and to be self-funding by the end of the year. The Board has identified a range of opportunities to drive growth through Zoetics Organics beyond this, including:

ooh look we were posting at the same time. what fun!

Clearly you are in denial about the stated potential revenue from the Hemp crops, even at the base CBD commodity price. We'll have to wait and see but I am confident you will be proved wrong. We will not have to wait long for the first indoor crop. I will remember and I will post to counter you scepticism.

Anyone CAN NOT just buy seeds and grow plants to optimal standards all year round. That is a false statement. Anyone reading this board who has any experience growing plants will know very well that what you say is completely naive and false. HNR have a team of experienced people who know this particular plant and its needs. To deny this is is simply crazy. So you make yourself look silly doing so.

I am glad you posted your post of 18.49. I have copied and saved it. I will repost it later in the year to remind you.

But really I like your post because it is definitively the post of someone who is NOT invested. If you believe what you just wrote then you would not hold shares in this company...... unless you are not of sane mind?

Which is it, not invested or invested but nuts?

... cat got your tongue? Are you D14 in disguise?

D14, if you recall, would never ever answer my question about whether the company would have a significant new revenue stream in 2019. He did not want to answer the question because it damaged his master argument that HNR would run out of money during 2019, as the revenue from the 8 well / 7.5% deal in East Denver, currently funding the company, would not be sufficient to cover all costs. Thus he argued that the company would need to place to stay afloat.

He did NOT predict that the company would place to buy a NEW BUSINESS. Look back as much at you like at his delightful posts. He DID NOT predict this.

So, as I have said previously, he was right about a placing occuring, and was very close to predicting the price of that placing, but he was incorrect about the reason for the placing. I think any sensible person can see the difference that makes, even if you can't. He also made a host of other predictions that did not come true (timing of placing, oil price etc etc)

It means that I was right about a 'new revenue stream of significance' coming online in 2019. This revenue is set to increase in 2020 by a large amount, eclipsing the ED casflow. However, I put it to you that this WILL NOT be the only new revenue stream in 2019.

YES that's right, I predict there will be another revenue stream of significance in this very year.

So to go along with that I firmly predict that those buying shares in HNR at 8.5p or therabouts will later in the year be sitting on a healthy profit. oh those lucky people, as I will only be getting my cash back. Ah well, can't have it all.....well not in 2019 maybe. 2020 ...i'll be in profit. 2021.... you'll be history. Now that will be worth a pint or 3.

.... and, I said D14 was talking about a placing 'to keep the lights on'. Not Dave. I said that in my post of 11.18. Get your facts right.

JJ your post does not make a lot of sense. However Zoetic soon will. I must admit you do sound cross. I think this may be because you are aware that you line of negative, and nearly slanderous commentary is running out of track. It will be enjoyable to watch you 'hit the wall' but we shall have to wait a little longer yet. Enjoy the present where you can get away with this trashing but be wary of the future.

Oh, by the way, are you still invested?

And, a question... do you believe Zoetic will produce and hemp crops this year and if so how many?