Member Info for HopefulDave

I hope it applies to ones we keep buying.

There will not be a dividend! It’s a mistake on the feed to HL!!!!

Noodle fair play. Yes that cat has used up about 8 of its lives!

Jacky just do one!!! ED isn’t a failure. It’s generating revenue. ED is being drilled now to generate more revenue. ED may get expanded later tonight, it may not. We will find out. The company have cash in the bank to do more deals. Montana isn’t just about this one up and coming frak restage. There is 220,000 acres out there. ED is currently 1 * 640 acre parcel with another 640 acre with Conoco. Tonight we try and pool 2 more 640 acre parcels with 2 more sections and get moving slowly but surely on a way to progress the Southern sections. If it comes if that’s great, if not it doesn’t. We still have plenty of cash to move forward. Helios will be more than this upcoming frak stage being opened, and we have vast acreage in which to gain traction there. If it’s a success (frak stage 3) it’s amazing news. If not there are other ways and means of moving it forward. Stop trying to make it sound as if everything is a 0 or a 1, a binary bet as it is not. The current ED deal proves there are always multiple ways to skin a cat. We skinned this one and 15-16 have come out cash positive plus a free carry on the play now....

Indeed. 170,000 shares traded and 3% of the company value dropped. Seriously. How quickly it will go back up when the buys come in....

Is did sound as if Renegade tried to get the application withdrawn not through anything other than a technicality that “technically Highlands are not a mineral rights holder and shouldn’t be allowed to pool” A lot of effort went into them trying that and if fortunately wasn’t upheld with Highlands view of “Surely the right to drill, grants you the right to pool and on other grounds of basically it not being right” Anyway, for those that didn’t listen it indeed did sound as if it was going against us with the first few summary’s sounding like they agreed with Renegades interpretation, even if some understood Highlands point, but they must have simply asked those people with those views first. When it went round it did indeed go our way. The good thing is that we should hopefully now get to the why pooling should go ahead, or not, rather than arguing a simple technicality on if we have rights to ask to pool or not. Token film link - At a minimum we should now get to showcase section 15-16, the fact that we don’t need more doo-ers in our movement, and the fact that the popular people’s front are sat of there (points at just Ed). - So hopefully we get to show, pool and get 2 more of these (producing effecient pads) don’t pool and you have Renegade doing nothing and it’s in the interests of COGCC and everyone to do this (pooling and spacing) That’s my two cents anyway. Still some back and forth to go, but definitely good that we got through last night, surely our “showcase final” will be better. Fingers crossed for later.

The Bod don’t need to clear it up. They have issued nothing. HL has posted some info with a disclaimer saying they get a feed from elsewhere. That feed is clearly incorrect as there is no official statement. If it was from an official source it would be linked everywhere on all the dealing platforms and no doubt would have been picked up and covered accordingly. Do you not think if the company were to embark on a dividend payment programme they would not have sung it from the rooftops?! Clearly we are in the money making game but the best return us shareholders can get from the company is simply by it delivering its projects. It will do that by re-investing the cash in the projects, not by paying it out to us (yet) one day, yes, maybe after ED III or IV (yes three or four) DTU is widely adopted and significant royalty stream is inbound, or when Helios is producing. If Helios hits the spot and is viable and we can drill cheaply, and we can get the infrastructure, and “there was this one time, at band camp”, then the dividends may well not be far off the SP now one day.... But. Baby steps. We are a loooooong way from dividends yet, the deramp brigade have only just stopped talking about placings, so we are unlikely to be giving cash out unless we have a very significant revenue stream inbound that we don’t yet know about yet. imho it’s a bit too early for that!

Was this there earlier..... This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. That'll be a duff feed then.

My guess is that they and here use the same feed and that feed is incorrect. Would have to be announced by RNS surely, and also, it would appear up everywhere not just a few places.

HL error. Or error fed to HL.....

Not unless the company had made or was about to make a bucket of cash from something (DTU) then a special one would be lovely, but extremely unlikely at this time. Far better use ploughed back into the ground (oil and gas lease / new drills i.e. a couple of cheap vertical drills in Helios) or into ED MK II and left to grow!

Many here are mid 20’s and some possibly above. There are many in SXX with averages still above the SP there now, anyone who sold out who didn’t need the money when lower would be kicking themselves now though, and even more later I imagine. My feeling is the same here, although I’m down on my investment here as opposed to there I’m not going to sell and panic I’m going to wait for the company to develop what is said it would and continues to do. The sentiment on SXX was/is identical and goes through exactly the same “argh, chicken little, the sky is falling down sentiment” and then “woo everything is rosey”. Have learned not to panic and trust in the investment decisions I’ve made. Hasty trades usually end in tears, playing the long game is far easier imho. Made far more and would have made a lot more in the past had I not tried to nick a few percentage here and there in the past and held most my shares for longer.

A thread just for me! Amazing! Hardly ramping, just watched long enough these movements here and in plenty of other shares... I'm not the one calling out a share price and nailing my nuts to the flagpost with it. I just say medium to long term the trend is up, and I'm comfortable with the BOD doing the right thing.

FFS. We have cash in the bank and revenue and have done a deal to increase that revenue. We have drifted a bit, but we haven’t plummeted like another other oil share has. It’s part and parcel of investing. Ups and downs. Trade it, panic over it, or hold, the company is no different today as it was last week... Projects will progress and so will we!

I have mailed Eric to see whats going on, would have thought that it's a mistake on HL's part as surely that would have been RNS'd!

Surely it would need to be RNS'd! Recent dividends paid or declared by Highlands Natural Resources plc: Type Ex-div date Payment date Amount Final * 14/06/2018 13/07/2018 0.50p * Dividend has not yet been paid but has been declared by Highlands Natural Resources plc.

No chance! Cash in the bank is for re-investment in the other projects. Simples. But we don't have to place, unlike yet another oil darling on AIM has done.

88E.... Highlands doesn't need to place to raise money... It has cash in the bank. It has an income stream that will continue to grow with drilling these new wells (at no cost to itself)

Indeed although I’m sticking my neck out and saying bettered!

Into the Blue. Any new parcel anywhere will need to be permitted, then the pad built, then us drill first wells, complete them and ideally keep the first six months revenue from them. We may also need to consider a pipeline hookup. But when offset to True or whoever to come along at that point it’s very quick. The RNS suggests we could have 6 wells online in matter of 4-5months. Ideally we will get some traction and movement on the Sourhern sections but I’m not banking on them. If it all works out nicely there great, then we have pads to build and off we go. Maybe we look to do 2 wells on them, and get True or someone in after just like the 15-16 section. That would be great as everything is permitted it could progress relatively quickly, but it needs an amicable solution to proceed. I’d be happier to see us spring another new section out of somewhere to be honest, and of course happiest if we can still work on these other sections also. We shouldn’t have trouble lining up whatever partners we need now, so again all those aspects won’t take months of haggling. I’d imagine any new parcel secured and you could find that RNS’d, and whatever the financing structure required to get us to two working wells also established almost immediately. Plenty of ED news I expect over the next few weeks one way or another, and also I would think Eagle news could be soon as well.