Member Info for OneStraightGuy1

Recovery is COMING.

This statement is from final results 24 Jul 2018 :

'We have reduced our overheads by 30%; strengthened our cash position thanks to the $5.4 million we received through the East Denver transaction; and expect to end the year with a carried interest in eight producing wells which, assuming they are as successful as the first two we drilled, will provide us with a 7.5% working interest in up to 5,000 bopd. Even better, our activities at East Denver are entirely repeatable, providing us with a clear path through which we can build our revenue across multiple shale projects.'

Easy calculation - from the above we know that Highlands will get 7.5% from up to 5,000 bopd from 8 weels, so:

7.5% from 5,000 = 375
375 x $48.85 (*today's WTI price) = $18,318.75 A DAY.
30 days x $18,318.75 = $549,562.50 A MONTH

Obviously it is never that straightforward due to many factors and fluctuating WTI prices, but still in overall = CAN'T COMPLAIN.

So in this case this statement from last interims is true:

'Assuming the new wells perform in line with the first two wells, our 7.5% share of revenues ''will fully cover all of our overheads.''

Which is quite REASSURING.

JJAL you may get your 16p quite soon. If it's about me I'm staying for 25p which I believe is fully achievable with few more good deals for nitrogen or water or something else.

HopefulDave - sorry for asking again but you know more about this company on this board than anyone else.
HopefulDave could you please comment on this:

'Admin costs of 500,000 per month are frankly ludicrous for a co. of this size, and smacks of them milking the cash cow at maximum.'

I'm asking because this is what concerns me THE MOST here at the moment. This is the biggest WEAKNESS of this company at the moment. And SHOULD BE DISCUSSED A LOT.

Fredr - thank you for taking time to post. It would be good if you could post on this board more often. This board needs as many different views, from many different people, as possible to keep balance and to encourage some holders to think and ask even more questions.

HopefulDave everything that you have listed is really good and comforting.

So please can you explain why:

1. Why SP is 10p?

2. Why almost no one is buying at 10p at the moment?

3. Why no takeover/buyout offers for HNR?? With this ridiculously low £12mil mcap and with all its assets both material as well as intellectual. HNR should be getting one offer after another. Companies/buyers should be piling around BOD like flies.

4. Why you are not buying any more shares at 10p?

Thank you.

Genuine posters here should also pay far more attention to advfn board. One certain poster there is 'mutilating' HNR mostly in terms of its BOD.

I've not been logging into my IG account for a while. Not a pleasant view. But now in new year - it's time to face the reality.

Here it is:
https://ibb.co/CVqV3t5

To those that don't like me here - you can celebrate if you like ;)

When I was buying for the first time some time ago I was thinking that I'm 'investing'. Then SP went lower, so I've 'invested' again. And then guess what SP went even lower, so I have 'invested' again. And then it went even more lower, so I just woke up and said to myself OMG.
I have simply realized that I am not investing anymore - I'm gambling.
Ok I don't mind gambling, I like to feel high blood pressure. But please/beg some of you guys - don't sugest as you mostly do that things are better than they are. Be honest - in your posts ALWAYS highlight positives as well as negatives.

So what I suppose to say that I am happy? When I see what I see when I login into my broker's account?

And that is why I don't believe that some of 'positive' posters here are genuine holders and that they own any shares or any substantial amount of shares.

There is absolutely no way that if someone lost a lots of money here would be acting like some 'positive' posters here.

My average is not that high and still I'm nursing a loss of £12 000!
I know it's not a fortune but I could buy a I nice car for that money.

So should I act like some always happy and positive so called investors here on this board to 'boost' SP?

Never.

I understand :) Ok now more serious I am going to show how my account looks right now. I need to upload my screenshot/snippet to some cloud and allow anyone interested to view. I don't feel to well anymore :( Not been looking at it for a while.

JJAL - 'The income received from the water treatment and canibis play doesn’t even cover he’s bonus” sorry couldn’t help it.??' - JJAL this is HUGE thank you for this. And This is REAL.

Ok we've got a new year now. And I see that paid and deluded rampers moved into offensive. I will login into my IG account now and I will take a screenshot. How can I upload pictures here?

After reading the last 4 comments... I am so happy now :) SHINY!

JJAL - your last post - couldn't agree more. Let's hope that old deluded or paid rampers are the thing of the past, and now this board will be run/updated by balanced people like you. They have done enough damage, they have mislead many people and many people that listened to them lost money here. And guess what now if you tell them that - the paid or deluded rampers will say that those who listened to them were fools... perhaps, or maybe paid or deluded rampers simply shouldn't be posting and continue to misleed people with their deluded 'visions' or with their technical 'knowledge'.

Ok so we have our first bet based on 'hunch':

Supertag - 5 out of 6 wells will come good.

And I bet: 6 out of 6 will come good!

Ok so who's next???

And what will be the prize for the winners? ;)

With poor POO prices we might get lucky that they had diversified and moved into Nitrogen and ... Water. As long as they will play this right and get more contracts we may really get our monies back and even make some money instead of only losing it here ;)

Well, the more of so called trolls the better so maybe with the balance on the borad SP will finally start to grow lol. The so called rampers ramped this so so well that we now have 11p SP ! Well done rampers and happy new year, because thanks to you there is no happy christmas this year!

11p SP - MERRY CHRISTMAS - NO NO NO!
Hopefully HAPPY NEW YEAR - YES YES YES!

HopefulDave is finally becoming more humble. About time!

Any explanation why SP couldn't hold 14p after quite positive interims? Expecially that we are now expecting flow rates from 6 wells witihn days?
As some people here don't believe that this SP is manipulated by some insitution or group of large holders. Please can you provide logical explanation why it could not hold ridiculous 14p??? Which is something around £17 mln mcap.

'Hedge funds profit on government supplier's slide: Short sellers make £68m betting against ailing Interserve'

https://www.thisismoney.co.uk/money/markets/article-6484741/Short-sellers-make-68m-betting-against-ailing-Interserve-share-price-plunged.html

'Shorting a stock is a strategy used by people who believe a company's share price will fall.

They place a bet against the company by borrowing shares from an existing investor, selling them, and then buying them back at a later date to return to the investor.

If the share price has fallen, the short-seller buys the stock back for less than they sold it for, and pockets the difference.'

''Why is shorting still legal? It is simply a manipulation of the market and encourages a companies value to decrease beyond what investors would reasonably believe it to be. The intrinsic net worth of the company is the same, but market sentiment sinks, putting companies at risk of folding when they probably otherwise would not. ''

No longer care what SP says xD

Somebody call for a doc - this is an amergency !

3 x Income 0 debt - what not to like :))) And this is just the beginning xD

'First commercial sale agreement from nitrogen resources in Kansas' - YESSSSSSSSS !! :))))