Member Info for DanBrown83

I only see it going lower after today
Herencia have finally got a new website, looks worse than previous - still no PROXY FORM though
La Serena sale that was on last website started few years ago and still in progress (i think they received the first option payment only) - no mention of the sale so i assumed thays gone and they are developing a work programme (they need to look where else they can put holes)
June 2018 presentation - talking about recapitalising, more drilling - probably the worst share i have seen been ramped last year, this will be 2p soon if they do a 100:1 consolidation
There Lease's and Options are going to look very similar to Swiss Cheese

KDNC have an option to increase stake too 49%

that the 1m share trades were people opening shorts, there have been a few rounded buys which could be the start of the shorts closing????

An Op Update tomorrow on how much Oil they have transported
reading the Twitter Post, that train is all ours (looks old and rusty) but if it gets the oil from A to B it don't matter
working on timescales of RNS's in terms of testing, could be easily 25,000+ barrells of oil ready to be transported, so could be $1.5m+ in revenue in next 45 days, worth an RNS i think

TBH - he claimed he sold at 13p in May, he has virtually been quiet until placing and then has been down talking it cause he has openly stated he wants in
He hasn't called it right if he posts after the placing like he did, he didnt say early June there is a placing coming, he started posting en-mass again on day of placing hoping to get back in under 10p, he has that chance but he wants under 9p now, he knows what he is looking for, he is looking for sentiment to change, he is looking for that high volume day when the SP moves up and then he will buy in bulk and probably be very buoyant and vocal on the fortunes of MATD

Fundraise, obviously you have made your intentions clear, i agree the placing killed sentiment of the share and will take a lot to recover, i'm not heavily invested but i am invested, i can't see it dropping to under 9p, the placing was 10p and i can't see them offloading at a 10% discount to that price in great volume
if you think its going to drop to 5p/6p if the first drill fails then fair enough, but why do you consider it a buy at that level if it is a duster??, personally can't see it been a duster with the amount of research done already but you don't know if flow rates are commercial yet, im staying here hoping they are, one day with results this will either fall or rise substantially and where will you be.
At the minute, your just trying to get the SP down for your own benefit, 9p -10p is fair trading after a placing at 10p, we all are wise in the share world and we know how AIM works and i bet when this rises in July, you will have bought just before the rise (one of them) but secretly you will be gutted as you missed it.

TBH, it will take time to churn through placing but we’re all set, mid July we will see the updates of drilling and it will be happening, unlocking this huge resource is a massive task and were fully funded for the next year to do this, get your entry price sorted ASAP as I can’t see this dropping back to these levels unless the drilling results are bad, and with the research done already I have a feeling we will all be happy when released

Apples probably right with him been busier with Aura, certainly the stronger position, there could also be the issue things are going really bad behind the scenes at Herencia, suppose all will be revealed next 2 weeks but when the top of the BOD leaves for no apparent reason I would be a lot more cautious

We have multi millions in cash and you mention a placing coming, no chance, we are certainly in no immediate need, probably won’t need to unless something huge pops up to raise funds, we have cash, we are making cash, and later this year we will be making more cash from ED, no fundraiser required here, reason for SP drop I still think is because Helios is way too early to be anything substantial on balance sheet, DTU is proven but big questions on how commercial, easy Denver we are now minority partners, West Denver is totally new as is the nitrogen play, still high risk but still very high reward

if you had to RNS every time a company made a loan payment there would just be endless RNS's every day for every company, you think some of the larger PLC's probably have hundreds of payments every day which would therefore need to be RNS'd

I never shorted Her, never gave a decent price for shorting, 0.04 was best, I think the placing price in HER will be at best 0.03, there was way too much risk for very little reward I’m just very long and down here my friend, but there is a great lot of potential and increasing production as every day passes

Same here :)

It’s a win/win in my opinion, they find there part so we don’t need to put more money in redmoor or we get a bigger share, happy either way

My first thoughts it wasnt UD2 as the hilly side wasn’t shown, also I would expect most gas pits to be done in a similar fashion so it’s hard to draw conclusions, certainly a nice flare and if ours I am very happy, still need to know the plan for the gas

Don’t see the issue, it was common knowledge a placing was happening and it was always likely to be at a discount from Monday / Tuesday price so why be shocked when it happens

sex and recording it works though!!!

i don't gloat, im posting actual information if you look at some of the drivel that was posted on here you can see how badly researched people are. one claimed no placing due when we know and you know that the previous update was saying a placing was coming, you will have read the presentation and know the next 12 months is to prove up the resource and not one mention of production this year, the rise was manufactured and a lot of people would of lost out in a days trading, next RNS is funding / placing - however you want to call it its going to be LIND / DARIUS paid in shares at a set price and will be at best 0.03p, discount to current SP This is reality - i was actually hoping that you (Chris) managed to sell on the rise and get out with some additional cash, i know from what NB said he needs 1000% before it might be worth considering

The Bod have basically just safeguarded the next 12 months plus of drilling The reason is obviously security, contingency for any other costs and would seem it would be cheaper to get the rig sorted now for next year and it would also seem they want to extend existing rig contracts - probably cheaper and more efficient to keep the RIG on site during the winter than have the contractors move it away for 4 months and then bring it back - will save a lot of time early next year meaning we can progress the next wells much earlier in the year.

Don't think we will see blue today but come end of June i would expect us to be over 13p again

So your going to be selling at 10.5 / 11p for a nominal amount above your lowest poss price, sell away, plenty will buy today