Member Info for rizq786

Never set restricted timescale as you'll be dissapointed more often than not. The market can be irrational longer than you and I can be rational. As Buffet said you can't have a baby quicker than normal time by making 9 women pregnant. So let it take its time as this share is being derisked massively as we speak.

Options in lieu of wage is a good thing as it means our money can be used for more rapid exploration. Also it's a marker of SP value. So anything under 4.5p is good buying opportunity.

Can't believe this guy Diamond, seems an intelligent guy but to constantly spew negative about price actions and offer nothing in terms of company and its plays is beyond belief.

Hnr said in its rns that they've avoided populated areas whereas others where choosing to drill nearby. As there is already a minimum distance of 500 and 1000ft doesn't it suggest that we should be a bit further away from the above and possibly outside of the 2500ft? But the fact that they've put in drilling applications suggests that we maybe within the area. Would need to seek clarity from the company on it.

That can't be the case as they've clearly stated they have acquired it and for the sum of 50k. So the more likely scenario is they've acquired these acres from private owners who have panic sold due the November voting.

The market doesn't need to be interested if BO is the endgame here. And there's even indication that is the preferred route for NVS. What price he can get will be interesting and that's what he's working towards now. The fact that others assets are being divested and focus on one asset for the time being is a show of intent; Don Bailey the 80 year old chap getting paid in shares at 7p; directors buying; aggressive drilling and delineting campaign and lastly the resource being in a location which is next door to a major for seemless incorporation. But be prepared to wait it out as the market is more patient than you and I. A good rns is there to build our confidence as are the results along with research of micro/macro economics related to our assets. The risks here?: Resource doesn't expand much; Zambia mining tax Demand and price of copper / cobalt collapse Further dilution Low offer accepted Good luck all.

It's good to look at things objectively; so why is the share price in decline and not moving forward when so many things are happening and, in my opinion, the company is making great progress? I feel it's because the BoD have not had much success in terms of funding, financing or jvs. They had warrants fiasco, a poorly timed placement, DTU JV which never really got started and the ED deal which is okay, but can still be good if the total Wells increase. So the ED deal showed that the market will take HNR success on board as the price rose from 12p to upwards of 30p but doesnt feel confident that HNR can raise finance or funding on good terms or see a project through to mass commercialisation. So I'm my opinion until HNR deliver a commercially successful deal and or secure extremely good funding/financing the market won't be moved. Just my thoughts.

Rick Rule of sprotts mentions that the market can remain irrational far longer than you can remain rational. He sees great value in copper and in particular copper exploration companies. He says it's Merger & Acquisition phase now. We are not only an exploration company but soon to be small scale producer so that much more likely to be snapped up. Good luck all but keep patient and continously research your investment case.

Hnr BoD are a skillfully connected business people and it's probably why they've managed to acquire these leases and strategist resources, but the big question is whether they are truly looking after shareholder interest or not. There's two things that's keeping me here: the BoD skills and connection and second is the potential of the assets we have. Yes some will say that RP has invested a lot of his own money and he is aligned with shareholders, but his shareholding, warrants, wage and bonuses already is making good returns for him. The good thing here is that the share price is depressed but the company is actually fundemetally strong and financially in a decent position. If someone compares with possible returns on other of their watch lists then that is a very legit regret. Money could've earned more. If someone is trying to cut losses out of fear of losing more or losing the lot, then that is not a position I see here imo. Good luck all.

I think we need a brokers note on the nitrogen play once they're done with leasing etc as the play is near term and the market is a huge 4 billion one. We need to know what our play could be potentially worth and what income we could generate from it for the future. HNR need to ask for this report because there are too many plays with too much guesswork from PIs. Even the ED play can be clarified and simplified for the sake of investors. The biggest question with ED is are we really going to drill more than the 8 Wells if it's a yes then it becomes a huge bonus on a free carry. So the point is the report is more important than ever before.

I find it very difficult to understand where people make all sorts of comment but hardly want to discuss the company,its prospects, BOD, downsides etc. As far as diamonds comments are concerned about fundraise, that is a possibility but placing is not the only way for a fundraise. Secondly diamond is hardly ever posting about its prospects so his engagement with the company is not full.

I wouldn't totally discount a placing as the cash burn is quite high, but the game should change in our favour once they get the nitrogen selling and follow it up with rapid development of Ed and WD. I'm happy to wait on the helios 2 and Dtu as the nitrogen play could be the quickest and most profitable for us depending on the extent of their play. And the rns mentions they're in advanced discussion to sell nitrogen. And with a low market cap now we can expect a good move forward as we will be generating cash towards the end of year from ED What will really totally derisk this play for me from this is level is if any or few of these were to happen: big, long term contract to develop and sell nitrogen; DTU commercial uptake, WD non dilute funding like ED, or a commercial discovery of helium or JV to develop helios 2. So much going on but still so much uncertainty. Good luck all even Diamond.

What was your buying price Fulmar? Looking to buy some more here. Missed the dip today.

It's important to keep a clear perspective on investment or one's trading strategy: if you trade then know your entry and exits etc and if you're a long term investor then the fundementals and the route to realizing that potential. In our case now we are clear the focus is on Zambia so the strategy is to divest from other two which have interested parties. Some will say the Slovakian asset is not worth much, but we have multiple interested parties so we can hope for tidy sum. The other gold asset in NVS is words were worth around 30mil with the country risk etc. The Zambian asset is proving to be between mid and high level find ( NVS words) and it isn't a duster for sure and is definitely economical. Also the processing plant is nearly ready to generate revenue And lastly the directors have bought shares at a premium to today's price very recently. Yes you've got to average out their options and buys etc but still it's a decent marker of where the share value lies. But most importantly Don Bailey has elected to receive shares at 7p as wage which is a very big value marker. But as NVS said in his last interview share prices can be up and down but the value outs in the end. Good luck all.

NvS did say that drilling will continue into the rainy season, but moving the rigs will be slow.

I'm a bit surprised that with the EPP being worked on with Glencores support and their contacts we are dropping. This is a big resource that can be skinned many ways, and hopefully for us holders the process of realising potential will soon transpire.

I think lot of long term holders know it's Aim, but equally recognise that this a company that can have that blockbuster news, sale, jv, off take etc, that can propel the company many folds so either you trade the swings if you're very good at it, or hold for, hopefully, some meganews. Amc was such company that after a prolonged period with a low SP it ten bagged in a short period. Obviously it would be wise IMO to lock in profits or some profits after a mega rise since it's AIM and it can drop back with or without reason. Good luck all.

Investments are not and shouldn't be made on the basis of what you read on a BB. Whilst I agree that objective scrutiny is a good thing (extrader); similarly asking for sources or clarification is also good(jinkar), but constantly repeating the same is counterproductive. Some facts that are being drawn up are that high grade iron ore is in demand, prices are going up and the shift seems like a long term shift which is all good for our potential product. Good luck all.

I think it's a positive news overall, but the main bit of the rns was obviously not so positive. However, not overly negative either. I know people will say jam tomorrow, because they've been saying this regarding DTU for sometime it being at a tipping point. But the 2 other new projects that they've taken on, nitrogoen and West Denver, they have moved swiftly on them and if we take them on face value then we can really expect commercial level announcement soon. Good luck all.

There's no need for such language here. Point has been made.