Member Info for IAmNotSpartacus

You mean MCAP is 10x? 8.5bn shares will account for the SP!?

Wish we’d stop mentioning him on here as it just encourages a response. By all means respond to an “alternative” point of view, but for now I’m happy just to be reassured that our largest shareholder (except the CEO) has decided to increase his stake.

Confirmed on Highlands investor page that Mr Lynas now holds 4.5m shares! And he's a lot closer to the action than most of us here! No TR1 required as he's just below crossing the 4% threshold.

My money's on the significant shareholder Christopher Lynas who is reported to hold 3.575m shares and, if that's his, will take him to a round 4.5m shares. He's an ex-fund manager at Smith & Williamson and a shrewd guy. I think he will now what's going on with the company ;)

"sufficient cashflow to cover its overheads for 2019". We know that WD was not funded and would've required a fundraise - which at the moment it now doesn't need to do, unless it is successful in the latest SLB auctions and wishes to pursue drilling in that area - which it may well do. As long as a fundraise is value accretive then it's a good thing. In the meantime the ED and Water looks like being sufficient and we have Kansas in play as a significant earner.

Just the Trameta shares

The well shut-ins were because of the fracking stages of #3-8. These will be producing again (with greater pressure).

Additional Well #3 will be online mid-December and nos. 4-8 by end of December

Doesn’t make sense it’s in the company’s interest to get the highest placing price, if they were looking for a fundraise, that is. More a case of not expecting the public opposition to the proposed sites, and not wishing to pursue the applications which would be difficult to get partners to commit to (and get through COGCC) especially in wake of 112, where I expect feelings are still running high. Hopefully they’ll get less contentious sites leased, through the latest auctions and we’ll be back at the West Denver table.

I'm in the twitter group and have neither bought or sold. I'll hold for the rebound which will come once upcoming events are announced.

WD was unfunded and only at a preliminary stage. The company can still find alternative sites in WD that will be successful. Drop is way overdone.

good job we're not on AIM

That’s the most ridiculous post of the day already sorted

lol JJAL. It was only a tongue-in-cheek comment!

yours?

Price action resembles BB with the herd mentality, but the Company looks secure now. Should build from here.

Cos Admin saw through his agenda and pulled all reference?

* more buys lol

I’m pretty sure it’s been more busy than sells all week. MM’s seem intent on taking this downwards for now.

Unfortunately naive PI’s just get drawn to “342”