Member Info for HopefulDave

I see the posters of maybe debt maybe dilution, maybe issues with sales brigade are out again.... The quote of the mine is going to get built regardless is a statement we have to make. We are going into binding contracts to procure things, supply chains, a few people will be uprooting families and moving to take up jobs because of this project. You cannot state when asked if not debt what then, oh well yeah in that case we all walk off site that’s it down tools game over... Of course he states it will get built regardiess, it would be madness to state anything other than that. He also repeats constantly the intention is debt, the whole financing structure set up in two parts is to facilitate such a debt. ST1 having been now invested into something far more tangeable than a field with some sample bore holes, to what we can see today with the activity on site, port progress, contracted sales progress etc. Personally I don’t see equity being released as part of ST2. I’ve said it before and I’ll say it again, banks are desperate to loan money to good projects, but with the World changing rapidly (decimation of high street) global online superpowers selling everything. It’s difficult for them to find the correct projects. Trying to suggest we are desperate for sales agreements and can’t get them because of a) Brexit b) Trump tariffs c) insert panic of choice here... it’s just scaremongering. The World needs our product. When we get / go over the contracted requirements it will just be the actual ST2 sign off to go before we embark on our journey towards the FTSE100 and “however it happens” the mine is built. My two cents for what it’s worth is there will be more shares in issue (the bonds) and that is it. With luck we will clean up the 15% also! There are a few here and only a few that seem to stick to their guns. There are a few that seem to flip flop whenever it suits them. Would be very interesting to keep a list of names to one side and watch as soon as ST2 is done and we are on our way, when the SP hits some new high, those same names will then be trying to state some construction challenge that is isn’t really a problem, is a problem.... A bit like a TorP that isn’t a TorP that ok maybe it is a TorP, to yeah actually it’s a TorP. Remember that little debate a while back?! Tick tock etc...

Yes I’m all registered it’s all good. Think it was Blacksheep that was asking about HL.

Received my note from HL today for those that were asking about going to AGM. Have forwarded on to Eric to check all is good, sure It will be.

Not suggesting they go hell for leather into anything else, but no harm in picking up cheap leases if they find any about!

Nope. That’s the fun bit. You just gotta wait for the right news to drop :) But my guess is: West Denver: we aim to drill in 2019, and permit this year, so should find out more/final acreage / other details / financial partners etc this year. As we start to permit it, no doubt further details will emerge whenever the company is ready, has more developments. Helios2: Frak plug due to be drilled out ASAP, so could get news on that anytime. DTU: - Had successful tests, now have our own Nitrogen source, so could get any announcement on that at any time. Another successful test / exclusive basin rights partnership or something. Kansas: - Could just start selling some Nitrogen, that + another well, possibly more acreage, or it could just be waiting DTU application use. CO2 - probably nothing happening for a while but never say never with these guys.. ED - Will start frak operations soon. And then there is always a Brucie Bonus. I.e who knows what else they spotted whilst looking for WD / Kansas and CO2 play, something else could pop up!

Interview. http://www.oilholicssynonymous.com/2018/08/gazing-at-dj-basins-shale-gale-with.html?m=1

Bothered. Nope. If Brexit Tarrifs are hitting us hard then the pound will be about £/ $1.15-20 so we’ll get many more £s for the $s in sales!

Was a couple of days. And in all fairness the response was you’ll get crest confirmation ~5 days before the AGM. So don’t expect to hear from them for a few more days. Depending what you asked them, I guess you’ll either get a response like mine or crest confirmation ~5 days before.

Is 37p the new 35p? Baby steps. Have a lovely weekend everybody!

I don’t think will impact us. And with “our” lease and no other parties involved it should be plain sailing compared to before!

You can sell or buy as many as you want. You just have to put a limit order in at the price you willing to accept or pay. That is the same in ANY share that is in a quiet trading period. Sometimes in SXX with 4.7bn shares in issue and it’s only trading 8m shares a day, and if want to buy and sell a chunk there you don’t always get a quote. Rich- With regards to Brent - that was a subsidiary set up a while ago but as yet they haven’t done anything with it (or not that we can see) It’s a subsidiary, so won’t change Highlands Natural Resources. (HNR) at all. Much like Highlands Montana Corporation and Helios 2. We have an excellent relationship in the Oil and Gas community, no need to change our name. And especially not just because some despicable scumbag led a shorting campaign based on a pack of lies around our PB placing trying to discredit the BOD or as a few continue to surface here every now and then spouting rubbish either! If I recall I think Sub did some digging and looked like they were looking for some leases elsewhere (Brent) but not sure it came to anything, or maybe it still could, but I’ve enough to be keeping track of with our current and immediate future projects! Just be thankful they will not stand still (as per CO2 and Nitrogen) and whilst moving forwards the more current plays, they do have one eye open for future plays, should the opportunities arise... Tick tock....

Would think so.

He is a nice chap who a few of us from here have met when the BOD came over to do the presentation in the UK. He had held a number of shares for some time but recently (well obviously back when the TR1 was announced) increased his shareholding enough to take him over the reporting threshold. No doubt he’ll also be at the AGM.

Cranleigh! Hello!. Be good to catch up at the AGM, having missed you at the other one!

Goddammit now I'm gonna have to move up to 2%.... lol

Oh well that is good news, me likes that, me likes that lots!

Posh cars? Need to be a big field with plenty of circles with a big H in each of them. I’m not getting stuck in traffic when there is champagne to get stuck into! (Uber rampy post forgive me lol)

Bit pointless asking me that question!

I continue to increase holdings monthly in both my plays in my SIPP if I won the lottery would probably see some heavy buying and a TR1 in no time - so that's my two cents!

Is that basin sneaking into our Helios acreage?

As per Fad's post you aren't going to get any more detail than what has already been disclosed re the other Projects, but we could still have a further projects under development summary as well, with some basic highlights extracted from the RNS's itself.

I mailed Eric with that very suggestion, alongside highlighting the shares in issue / holder references also, I believe they'll look into it when they can but remeber they are a small company, so probably trying to keep costs down and update things in batches!

I can't afford another 2% at the moment, so won't be getting a TR1 from me to add to the list.. yet! lol

Casapinos. Wholeheartedly agree with levelled reasoned criticism, but that article wasn’t it. f it was a sure thing it would be way higher than now, and if ST2 sails through with debt finance then it will be an even surer thing and we’ll get that re-rate I’m sure. Many of us could lose a lot of money. Many of the more knowledgeable posters here have the luxury of far lower averages than most and could even afford dilution if it were to happen and still come up smelling of Poly4 fuelled roses (have we crop tested them yet?) in the long run. Mine at ~18p and having diversified a bit insignificant amount elsewhere, makes me a tad less bothered by this froth up here. What does grind my gears is blatantly one sided analysis in any so called but I now doubt reputable publications such as the FT. I’m all for highlighting risks in construction, finance and any other areas, as long as balanced out. That article was about as biased as it could be and may as well have been titled “why I’d sell Sxx now” followed by subscribe and click here to get a buy recommendation on a shoddy offshore aim shambles in outer (shan’t say a place - but some remote unstable part of the globe) on the Motley Fool. Publications such as the FT should be a lot less biased and focus on pros and cons and then welcome to an opinion or buy / sell recommendation accordingly. That article however was damning and disrespectful but as this country allows free speech, I’ll clearly refer to the author from now on as nothing more than a “fertiliser stirring country” for writing it in the manner they did.