Member Info for Nexus06

@ Barn you seem to be quite knowledgeable in the mechanics of stock trading, Its refreshing to read a post from someone who seems to know what there talking about.

This is the only share I've ever held (way back in 2016) Unfortunately during that time, I've made every mistake in the book -
Invested more than I can afford to lose... check
Got personally invested in my share... check
Been influenced by hype on bb's... check

During this period my knowledge of stock trading has improved, but is still basic.

I would welcome your take on the current price drop and what you foresee going forward.

If anyone is going to reply to this thread with comments like, "a fool and his money... blah blah blah" don't bother.

@ CAR3Y don't be a nob, I want this company to succeed just like every other investor, but when they do things badly that affects us as investors, then they need to be told we can't Bury our heads in the sand and pretend that the SP hasn't taken a hit because of the presentation because it has. We defended everything RP did when he ran HNR and we saw were that hot us. When they've effed up, they need to be told.

Over 30% drop since Monday, thats the market saying, we don't trust you until you can give us figures.

We have a great company and a great product here, sentiment was high in the weeks leading upto the AGM, and there was a scramble to buy in anticipation of a stonker RNS prior to the AGM. Friday came and no RNS, and the usual "buy on rumour, sell on news" group started offloading. Monday came and still no news, but the BB was still hyped up and buzzing, stating that this would be a transformational week for the company, and the SP was going to rocket. So we waited, and we waited, then........ Nothing, the AGM and presentation came and went, without delivering anything we didn't already know other than give us a warm and fuzzy feeling inside, knowing the company was being run by 2 enthusiastic and knowledgeable CO'S. But unfortunately the market doesn't care about warm and fuzzy, they want facts and figures, and that's what the company failed to give us, so the market acted accordingly. Until the company can give us some concrete information, then the SP will continue to drift. Lots of people state that we shouldn't be worried about small price drops and the SP will be far north of this value in the months/years to come, but when the SP drops on a daily basis, they soon add up, and id rather have jam today than the possibility of jam tomorrow.

Hi Guys and Girls,

It looks as though we have hit a ceiling here and may even drift back a bit until we receive further news.

What can we REALISTICALLY expect in the next RNS, and has the market already factored in any expected news at the current share price. Last question... whats the liklihood of receiving a positive RNS prior the the AGM.

I know these are hypothetical questions but realistic and informed answers only please.

"Big move up this afternoon watch and learn

This is going up big style"

I'm still watching, and the only thing I've learnt is that you spout unfounded rampy predictions on a daily basis, if I was a new investor to this share, the ramp brigade, who quote figures out of thin air would definitely make me a bit worried.

Before anyone says it, I know you shouldn't take advice from a bb but people do read them and they are influenced.

I'm a bit worried about the release of results. Historically this share has always suffered when results or RNS's are released, even when the information is good. Non of us are expecting spectacular results, since the majority of the results will relate to earlier in the year and contain a lot of legacy HNR performance. I just hope that holders can see the bigger picture and the potential going forward, but sadly this has never case, and oficial news has only ever moved the share price south.

Ive always said it. People like MrNation do more damage to this share than the derampers. His constant cut and paste of the same old ****e, and unfounded ramps, he comes across as really desperate and definitely puts investors off.

If BB messages really do hurt the share price, then there are 2 people on here who are doing a good job of damaging their own share. One is a persistent ramper who cuts and pastes the same old drivel several times a day and comes across as someone desperate to get their sell price at any means - MrNation. The other was a staunch supporter of this share and then flipped to a sarcastic troll. Why anybody would do anything to damage a share they’re invested in is beyond me - Burningspear. Just let the share do it’s thing and we can all have an adult conversation.

Hopefullyit will come good this year mate, and lots of operators are talking about going back 2n3, so we might get a double bonus this year.

Christmas bonus JJAL? You must be in drilling, because it’s been a long time since I’ve had a Christmas bonus working offshore.

D14 you must have a very sad life to go to all this effort performing calculations so that we can all benefit from your unbiased and balanced opinion... all for a share your not invested in.

Isn’t hindsight a wonderful thing.

Maybe everybody should dump their HNR shares and buy into Blindfaith (BIF) I hear they have many projects at “tipping point”

Been here since mid 2016, just needs to bump up by 6p and I break even and I can dump this pile of ****

Nothing new in that RNS, is it any wonder the SP is taking yet another tumble, an update full of publicly known information and no timelines is never gonna inspire the market.

Apologies!! Rant over, I suppose I’m just feeling frustrated at seeing my balance constantly in the red.

I never said every day, but if you want to be pedantic and defend the share price regardless of it’s depressed state, then so be it.

HopefulDave the point ia not how small the drop is, the point is that we ARE dropping, pretty much on a daily basis, small erosions at the share price, counteracting any small gains we get occasionally. We are that used to it now that we get all excited if we reach 2 thirds of what we were near the end of last year.

It doesn’t seem to matter how good the fundamentals are, how much cash in the bank we have, how much guaranteed future revenue we have coming in, or how many game changing projects we have at “tipping point”, this share seems to react the same way... Down. It’s been proven time and time again after endless positive RNS’s. I really don’t know what it will take to turn this share around. The company might be making money but shareholders are certainly not.