RE: The only thing29 May 2018 15:18
The problem with HNR and this BB is that it's always something else we're waiting for....Once we're producing and earning income the SP will rerate....once II's get involved this will rerate...Once DTU is proven this will rerate....once Helios is proven this will rerate....Once Cantor issue their note this will relate...there's always somethind round the corner that is going to make us rerate! However, the truth is nothing has made us rerate....hotly anticipated RNSs and milestones have come and gone without any effect on the SP but to make it ultimately sink further down...and when people vent their frustration on here they are shot down and patronised with 'well this news was already priced in so it was never going to have an effect or the RNS was good but it wasn't the right type of good news......that'll come when xxxxx is announced...and the BS cycle continues.. this share flew to the 70's on potential alone, but now the company has an income it is languishing in the teens! DTU is supposed to be all singing all dancing tech that will save oilers millions....yet no take up...none.....If it really was as groundbreaking and viable as the company would have you believe then HNR would have had their hand snapped off by now....especially after NAPE but no...nothing....I also dont believe Helios will be the knight in shining armour ready to save the company! Essentially we are a company who receives a modest income for oil produced...therefore the low sp reflects that the company is nothing special and earns its risk free 7.5% commission...the market isnt stupid....sometimes sp's dont reflect a company's potential or fundamentals....however, in HNR's case the market has had 4 years to work HNR out....and I think they have worked us out...however, some people (understandably emotionally invested) still believe HNR will be a future major player and still believe RP is some sort of magical messiah....it's almost like a cult on here sometimes!
Sign In
Follow the stocks
