Morning!11 Mar 2019 10:12
GOOOOOD Morning Vietnam!!! JJ I was secretly wondering if you had choked on you fajita or been mugged in the backstreets of Tijuana....but it seems not. Not that I would wish you misfortune in any way. I have confined my posting to a minimum in you absence as there is little to say as we await the next news from Kansas. However, for you today (not for OSG he is fake fake, you are real fake) I have done a personal Q&A of my own...
Has the BOD let down LTH's? Yes it has from a SP perspective, for sure.
Is the company in a bloody mess, mired in debt with no direction or hope of new revenue streams? No it definitely is not. Lots of new potential, some of it of a very very significant nature.
Do the shareholders receive enough information about what the BOD is doing? Perhaps not, BUT, being that the company has a habit and track record of aquiring acreage on the quiet. there is a good reason not to shout about projects too soon and flag the companies intentions, as this could affect the companies abilities to secure extra land at a cheap price.
Do shareholders crave news in and unreasonable timeline? Yes, of course. Holding long term has been very difficult and we all hunger for a big positive result.
Is there news pending? Is there ever!!! The Kansas crop trial results, subsequent further lucrative deal with District 8, organic certification, Argon suitable for scientific purposes of HIGH value, East Denver progress on lower sections, West Denver progress, more water deals, CO2, etc etc
Is the BOD focussed of delivering SP value? Why would they not be, the CEO owns 10%.
Is there a risk of a placing? It seems unlikely at this time with good revenue coming in from East Denver.
Will we need more revenue though to keep the lights on? Yes, and they are sure working on that.
So what does the Hopper think??
I think we will partner with another in Kansas. I think the most exciting news in HNRs history is very close at hand. I think if you sell share now you expose yourself to a butt-clenching moment of misery when you have held for so long. I think the company is ....