Member Info for CheshireLad

Did anyone really expect a hike or re-rate in the share price today? Every company I've been invested, as far as I can remember, has always fell back on the results being published, today's share price movement should be no surprise to anyone. I was not surprised one bit after arriving at work at checking the share price at 9 am. Those that are happy to trade for a 10% - 20% gain, good luck, I'm hoping for 2000% over the course of the coming years.

I still feel with all that's been happening, and you cannot say they've been sitting on their proverbial butts doing nothing, like some CEO's, the share price movement will move within the next 4-5 months to the low 40's. If we think what has been happening with PB is true, then don't expect movement in the share price straight away. We recently discussed the pro's and cons of Mr Lynas' 3.00% threshold breach, was it a endorsement, undoubtedly, was it signal to the board, possibly. RBK has stated in the past he is a kind of "Activist Investor", I'm sure with as much bunce in the game as Mr Lynas has, then he is also and "Activist Investor" and may be his threshold breach was just that, an endorsement of the company and board, but a reminder to them for whatever reason that may be, timelines, projects, cash etc etc. Over the past year I've been holding shares in HUR, and recently cashed out most of my holding and moved the majority here, the start of this years was very interesting to see the shenanigans between Richard Bernstein at Crystal Amber and the top brass at HUR, since RB started a concerted effort to hold the board to task the share price has nearly doubled since the lows of earlier this year and has doubled since the lows of last year (Nov 2017). Obviously HUR are now further down their timelines for their own delivery and the share price has reacted accordingly, I suggest we all do the same and let Robert and the team do their stuff, but with a little reminder from time to time, like Mr Lynas has done, to make sure they don't rest on their laurels. Mr Lynas and other large shareholders have the power to affect company strategy and force hands when required, we should all remember that.

IMHO there is nothing to fear and I very much respect and endorse RP, the board and the current strategy, things take time, there is no quick fix, proper rubber stamped companies grow organically and all have a light bulb/tipping point period when the growth gathers momentum, I suggest we are all entering that phase were HNR are concerned, the phase being the next 1 to 3 years. Patience is all that is required from PI's and hard work and due diligence from RP and the board. If Mr Lynas decides to lower his holding significantly, then you'll know what he thinks!

GLA LTH

So that's roughly around £40,000 worth of oil so far, and is it correct that it's all UKOG's under T&C's regarding the outstanding loan payments due?

GLA

Just what we know, but still nice to have media confirmation:

https://www.oilandgaspeople.com/news/16966/colorado-drillers-fuel-record-oil-output-in-rush-to-finish-wells/

GLA LTH

It is coming home then :-) Love it with a capital "L" and with Mr Lynas taking a bigger position and now being in the public domain, something is afoot. What a great company, so professional in their approach it beggars belief how other company top brass get away with half of what they do, but that's the F.C.A. for you!

Just hope I'm right for all of us, I'm sure I am. Time will tell, but as stated no reservations on my part whatsoever!

GLA LTH

Will only automatically quote me for 50,000 at 21.50.

GLA LTH

I was only talking about Investment Manager's on Friday after CoB, and look what pops up today...mmmm I predict £1.00 per share by the end of the week...lol Only kidding...£5.00 :-)

GLA LTH

P.S. Coming together very nicely, still plenty of legs and time to go me thinks

I'm going nowhere, this is a half billion company in making, at least. If the company get's taken over in the future, and that will not happen in the near future, then so be it. Any organic growth in the share price, or, medium to long-term takeover price is going to be far north of where we are today. I've been in two years and happy to wait another three if required. It appears this is a no-brainer and the earlier post regarding dark arts are in play, all that really matters is you have the time and inclination to wait for the future to unfold naturally, I have. Nothing we have seen from the company points to anything underhand on their part, the only thing you could pull them up on was last years placing to the, at this time, undisclosed recipient. You would think come the end of summer early autumn time we should be moving freely at least double where we currently are in sp terms, however, that may not be the case, it's just if you have the guts to trust your instincts, and from what I've seen over the past couple of years I have no reservations and I'm happy to wait it out. Everyone and their particular personal circumstances and trading are different, I'm not offended by daily traders, in the grand scheme of things daily traders are small change to what we are currently seeing now. The current issue and lack of sp movement is because we are illiquid, that will change, and it will happen in the next three years, and at that time I hopefully will be able to say "I'm a millionaire". That dangling carrot is too much to ignore, IMO anyone reading this or being currently on the fence should take heed, there is too much short-termism in the modern society we live and breath. The reason for this being everybody wants something yesterday, this is not helped by the present media obsession of celebrity cultures which is ultimately self-serving in nature, it's seen as a quick fix to success, and I'm sorry but that does not exist, unless you are very very lucky. Ultimately, the approach I've taken of being prepared to wait another three years has the same objective or goal if you like, that being the eventual saving of time being a "millionaire" would provide. Would I be happy though? It would be nice to find out and if I have to wait three more years to answer that question, then so be it, these opportunities do not come along very often.

Apologies for the ramblings it's been a hard tough week in the office......dealing with Investment Managers, I'd prefer not to have deal with them so I aim to practice what I preach and show that success, although it can take a bit of time, can succeed, just like HNR.

GLA LTH

P.S. Disclosure : I have no inside information and none of my clientele have been recommended HNR, or, are invested directly in HNR as far as I know. The Investment Managers I deal with are solely corporate pension fund managers.

https://www.bbc.co.uk/news/business-44654127

GLA LTH

Precisely why the thermally mature oil is there, uplift (rebound) of the crust, presenting the oil to be retrieved, which contradicts the no sayers who say it's not there in enough quality or quantity, its there make no mistake about it. The question of the UK plc has the guts to extract it. If it was anywhere else in the country things would be far more advanced than they currently are. GLA

Although I knew Nitrogen is mainly found in the atmosphere, I was interested in the cost of Nitrogen, as I had no idea of cost, so where do you start, Google of cause...lol Some of the automatic Q&A's are interesting and throw up a few paradox's in respect of why drill for it, however, taken with a bit of salt here are some of the good ones: HOW MUCH DOES IT COST FOR NITROGEN? In addition, when delivered in Dewar flasks, liquid nitrogen costs about $2 per gallon but when delivered in bulk storage tanks, it costs about $0.50 per gallon. Nonetheless, the atmosphere is about 78 percent nitrogen so liquid nitrogen can be manufactured anywhere and will still be relatively cheap. HOW MUCH DOES NITROGEN COST PER 100g? Cost, pure: $0.4 per 100g. Cost, bulk: $ per 100g. Source: Commercially, nitrogen is obtained from liquid air by fractional distillation. Earth's atmosphere contains in the region of 4 quadrillion tons (4 x 1015) of nitrogen. WHERE NITROGEN CAN BE FOUND? The Earth's atmosphere is 78% nitrogen gas or N2. Even though there is so much nitrogen in the air, there is very little in the Earth's crust. It can be found in some fairly rare minerals such as saltpeter. Nitrogen can also be found in all living organisms on Earth including plants and animals. It is the fifth most abundant element in the universe and makes up about 78% of the earth's atmosphere, which contains an estimated 4,000 trillion tons of the gas. Nitrogen is obtained from liquefied air through a process known as fractional distillation. WHY ARE TIRES (TYRES) FILLED WITH NITROGEN? First is that nitrogen is less likely to migrate through tire rubber than is oxygen, which means that your tire pressures will remain more stable over the long term. Racers figured out pretty quickly that tires filled with nitrogen rather than air also exhibit less pressure change with temperature swings. So that's how he got the idea.... HOW MUCH FERTILIZER IS USED PER ACRE? (1) Amount of product needed to apply 1 pound of nitrogen per thousand square feet. (2) Amount of product needed to apply 43.5 pounds of nitrogen per acre. To determine the amount of product needed to deliver 1 pound of nitrogen per thousand square feet, divide 100 by the first number in the fertilizer ratio. Exciting times ahead, a great business model executed perfectly with 1st class project management, what is not to like, except the current SP but this is truly a half a billion company in the making, imagine in two years where HNR might be! GLA LTH

CC? "Highlands will also decrease its payroll and overhead expenses and deploy the capital directly into projects."

Prick Broker Man Dan