Member Info for Jbatch

Woooooow! I can see why it has been rising!

Question is why has it stopped. This news is beyond incredible.

The company has covered all its cost through the current oil income. within weeks that income will be increased by 10%. Okay that alone is great news. The price of HNR does yet take into account just this factor.

On top of that They have clients ready to buy with the first sale within weeks. that means we are already way ahead of the game and the price is currently on its own does not account for the Hemp sale.

On top of that they will sell the Nitrogen deals in the pipeline

And further more they will be selling the stalks from the hemp flower as bio fuel..... like seriously/ Any one of these would probably give us our current valuation together.... don't know bout you guys but 30 to 35 should be a starting point to start discussions based on what we have!. then look at the potential for a far higher rating.

I cannot believe what has happened here, honest Dave you are a very shrewd man and made a very wise decision. It this share does end up at 15 plus today after the RNS then there is something drastically wrong with market.

Thanks Peter Tee, great news... where did you see it?

Okay thanks who ever that was, now back up to starting price!!

now hanging around 11.75..... hopefully preparing for a massive push forward to 15 :)

Still in profit but a bit close for comfort

Price down to 11.8 with my broker.... hope just a bit of profit take and a blip

Looks like patience was a virtue after all.

Haha when the share is flying happy happy land, when the share is falling conspiracy theories.

Trump does not want to take over oil, he already has OPEC in his pocket and always has had. Nothing new.

He needs to get troops out of Syria, to do this he needs to pressure Iran who is being overly bolshi.
He needs to bring Russia down a peg or 5 and their main income is oil.
He needs Saudi's influence over others which means oil.

He also knows this is the most important thing. We are coming up to summer and with cheaper petrol/Gas prices then more people will travel around and to the USA esp. from Canada. which improves the US economy no end and keeps money in rather than money leaving, which is very smart!

So Conspiracy theories aside it would be great to imagine that Trump really is trying to take over the world of oil but no he isnt, he already has it. He is trying to benefit the Americans which is what leaqders of a contry should be doing (benefiting their people, not Americans). No I am not American!!!! No I am not a Trump supporter simply a realist! Premier is falling due to the unethical behaviour of a few people who manipulate shares for their own gain and these are usually the ones that shout loudest when things are not going their way!

Read a post from a site that showed charts for oil and other commodities. It stated on Saturday that oil had a lot further to fall based on the charts.

Wow down 2.5 % for both Brent WTI as I write. always thought it was a bit like doing the form at the races.

Just will it drop a bit further, lost so much recently on tenderhooks

standing at 90-91 at the moment, should I buy or should I wait

Must admit now I see why a few people said here about PMO's ability to Dive, 5.5...5.5...5.5 on the score board and these guys were heckled and called negative. You are mentioning the debt level for the company. I sold 98 based on the Hecklers. Not however, that I think this is a bad company but because my paultry sum is better added at a lower price. Trump is interested in all businesses doing well not just oil. higher the oil price, the higher the overheads go on companies.... which is a fair point, but what is a fair price for oil and where is 'Oil Peak' .

Looking at the market generally, it is manipulated so the collapse was more to do with shorters and our Plus500 buddies who look for larger drops and rises to get their profits.

Re debt, yes the company does have debt, but surely this debt has been with them a long time.hemce the 0.55 share price. Since then they have hit new oil finds and with the higher price removed some of that debt and I believe they also sold some assets to make the debt more manageable and also dropped out of a costly purchase.

Really, I am unsure of what PMO owe and how much their debt has gone down, but for sure they must be in a healthier position than before.

The price of WTI is still 60+ and Brent is still 70+, granted that this is lower than a few days ago, but it is hardly a catastrophe and companies are still well into profit making territory. Okay maybe it will fall further another 2 p or maybe 5p but Economics will kick in and the price will stop falling.

PMO will probably fall to 80 or around there which is rather extreme but the market conditions makes it easy for the manipulators to sink the share as personally I can not see why else it would fall so much. Unfortunately these unethical and irresponsible people who manipulate for their personal gain will succeed as there is no law in place yet to stop them. I am not saying Plus500 are unethical, they are legally trading, though the hit on their share price says it all (kind of KAMA).

My point is, PMO are dropping , IMHO, not from the company but from external influences, yes it probably has a lot further to fall, but when it floors i will be into buy for certain as another 55% rise will be very useful.

Colorado Cultivars
Is there a connection between this company, Elixinol and HNR? or is it they are all in Colorado growing Hemp?

From 8:08 to 13.26 there was nothing but red which was a continuation fro yesterday I have 33 reds in a row.

The blues started yesterday 13:09 to 15:07 where there were 16 buys in a row with one sell amidst them towards the beginning

FRom 11:36 to 11:57 there were 6 sells at 100,000 each time that is 600,000 which is more than all the blues put together for these six trades regardless of all the other sells.

Now during the reds sells the price started rising around 11:34 and kept rising up to the end of the reds 8:80, then it turned blue where I guess people noted the rise and started buying. the price rose to 0.0929 by 15:07 where after this is turned back to sells and buys to the end of the day ending at 0.0918

I am completely baffled,

1. I know there is an overhang on this share which was increased during the red stage. Unless the 100,000 sells were really buys as I have heard has happened here a lot then the price should have gone down.

2. Is the share being shorted through Plus500 etc where I guess you would not see the buys or sells.

3. Is there possibly news in abeyance waiting to come out that some have heard of such as the market maker so they are adjusting the price accordingly despite the sells.

4. Or is it that someone is trying (successfully) to create a false market in the shares to encourage buyers or sellers. to .... maybe help clear the back log of shares?

5. Long gone are the days when trading shares was a respectable and honest(ish) investment option. It is now full of extremely dishonest and vulgar degenerates that do everything they can to manipulate share prices. Way of the world now I guess.

There are a lot of good people here that appear honest in their belief in this company, successful and shrewd investors and highly knowledgeable such as HD and co.

If any one can help me understand I would be very grateful. (if there is any logic that is???

Sorry Voltaire21 I was not having a go at you, I just get blasted with so much of their rubbish. If anyone has any good business sites to read I would be greatly appreciative. I work in Ch i n-* a and information is very difficult to come by due to their c e-n-s orsh-ip. Even with a good V...P,N which only 2 work here.that I know of.

I think you got this from Motley Fool, Does anyone still really t6he drivel and crap they write on that site.

Every 5 minutes they are blogging about a company and I am not sure they are proper investors justr peoples opinions. I get jammed with their crap, about 20 daily with the same old rubbish. 'I believe this company will make you a millionaire by the time you retire' . So if it is Motley fool then be very careful. I tend to use proper investment groups or sites that are not about money making scams or get rich quick shares....... The wording is exactly the same as I got from Motley fool. trying to sell you on to another share

If major banks and investment firms are touting this share as a major growth or take over share, there results speak volumes..... which share has achieved the growth they have tear on year despite massive falls in the retail industry. I not trying to ramp this share, but you must give credit where credit is due!

Thanks for your help.

I know about Renegade but not O & G.

I have ready many posts re the projections, these are not real projections simply guesses based on certain figures that may or may not happen. They have just expanded their operation. So yes you are right that real projections from the companies cashflow forecasts, breakeven analysis and target sales are important but not from investors who are just investors not the sales and marketing or Financial departments in the company. Yes it is easy to calculate info based on limited data we are given by the company but I am pretty certain there is a considerable amount more involved that this. example if sales have not been made then the company may have to cut price to get the sales, higher marketing and sales expenses, what are the tax costs and so many other factors not built into figures added here. Tax in the states is the same as Canada where they will pay Provincial or state tax and then national tax. Every state is different in the rates they charge and some have extra costs for environmental of other charges to businesses.

I have been reading this board for a few months and listened to the negatives and been seriously upset by some of what they are saying.... but at the end of the day they were not necessarily wrong nor right in what they are saying. the price is no longer around 11 it is around 9. They made financial projections. as do you guys. What you write makes sense but as I am British/Canadian I know also that there are many other costs and factors involved in selling. unless they are selling only to USA. Hence a projection from the company I would regard as more accurate.

Re Honest Dave. He obviously works for or has extremely strong links with the company. His information is invaluable and I have great admiration for his posts as I do for others including yourself. But no call was made on the funding done which sunk the price apart from from one of the so negatives who said this was happening.... everyone else booed him/her off rather than listening.... me included. So in answer to your question I want projections from the company not investors.

Re the 7.5% I have not been on the discussion board for a while and last time I heard the taps were not opened as they were testing and they would gradually be released, certainly with a higher price in oil an opening would have been advantageous while better prices could be commanded. So I was wondering if there was an issue as was also mentioned.......... The quality of the oil I believe is excellent! Thanks for your clarification and it does make sense

Sure, you are correct it is Hemp not Cannabis. Thanks for the date of May, this is what I was after as we are almost in May, there would be a strong suggestion that news will come in the next 4 weeks
Yes I know about the N2H2 and the water etc....

I am working in C hi na where getting information from outside can be difficult at the best of times.

0.92

Boohoo confirms John Lyttle as CEO
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His appointment was a key constituent of the Group's strategy in positioning for its next stage of its growth, and coincides with Mahmud Kamani and Carol Kane, previously both Joint Chief Executives, assuming the roles of Group Executive Chairman and Group Co-Founder and Executive Director respectively. As previously announced, Peter Williams had stepped down from his role as non-executive Chairman with effect from today.

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